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Income Inequality In A Rapidly Ageing Society, Japan: Focusing On Transformations In The Structure Of Households With Elderly

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Chapter Summary

This chapter investigates the meaning of economic inequality among the elderly in Japan, with 'the elderly' defined as aged 65 and over, and examines changes in the degree of income inequality. It also investigates important factors to explain economic inequality in Japan's ageing society, and changes in the position of the elderly within households. The income packages of households in which elderly members reside with their child's family are analysed, and the contribution from public pensions are compared with that of market incomes earned usually by other prime-age family members. Finally, focusing on elderly-only households (those with either one person only or a couple only), the chapter investigates the degree to which the wages of those currently employed affect the economic and financial conditions of the elderly.

Keywords: elderly-only households; income inequality; Japan's ageing society



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