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Maintaining Economic Dynamism under the Adverse Demographic Conditions of Low Fertility and Agin Policy Research Domains (Major Policy Research Domains) I. Maintaining Economic Dynamism under the Adverse Demographic Conditions of Low Fertility and Aging Population Toward a Comprehensive Resolution of Social Security Problems: A new economics of aging Print Project Leader/Sub-Leader ICHIMURA Hidehiko Faculty Fellow Leader SHIMIZUTANI Satoshi Consulting Fellow Sub-Leader Overview 2006 - 2010As Japan experiences the aging of its society at a pace unprecedented worldwide, it is essential to build a sustainable social security system that ensures that the elderly do not suffer a decline in quality of life. Our research transcends the bounds of the traditional field-specific approach that addresses the health care, long-term care, and pension fields separately, and of simulation analysis with the use of macro models, and instead adopts a "new" microscopic yet comprehensive, market-oriented approach that is premised on the diversity of the elderly. Based on pilot studies already conducted in previous years, and with the intellectual support of the analogous studies of the elderly (the U.S. HRS [Health and Retirement Study], ELSA [English Longitudinal Study of Ageing] in the UK, and SHARE [Survey of Health, Ageing and Retirement in Europe] in Continental Europe), our research has inaugurated a world-standard panel study on population aged over 50. We are gathering data that is both multi-faceted, covering such aspects as health condition, economic situation, family relationships, employment status, and social participation, and that is also capable of international comparison. Our intention in doing this is to help ensure that "evidence-based policy-making" based on an abundance of microdata becomes an established feature in the sphere of social security policy in Japan, and that Japan's experience can be taken advantage of by other countries in their policy-making. Until June 30, 2011 Major Research Results 2011 RIETI Discussion Papers 11-E-080 "Retirement Process in Japan: New evidence from Japanese Study on Aging and Retirement (JSTAR)" (ICHIMURA Hidehiko and SHIMIZUTANI Satoshi) 11-E-065 "Effect of Pension Reform on Pension-Benefit Expectations and Savings Decisions in Japan" (OKUMURA Tsunao and USUI Emiko) 11-E-051 "Gender Differences Among Elderly Japanese: Importance of family and social relations for life satisfaction" (OSHIO Takashi) 2010 RIETI Policy Discussion Papers 11-P-005 "On a Need for a Comprehensive Panel Data on the Elderly in Japan" (ICHIMURA Hidehiko) 2009 RIETI Discussion Papers 09-E-047 "JSTAR First Results 2009 Report" (ICHIMURA Hidehiko , SHIMIZUTANI Satoshi and HASHIMOTO Hideki) 2006 RIETI Discussion Papers 06-E-035 "Analysis of the Survey Response Behavior: An Experience from a Pilot Survey of the Health and Living Status of the 50s and beyond in Japan" (ICHIMURA Hidehiko, KAWAGUCHI Daiji and SHIMIZUANI Satoshi) International Workshop Sept. 19, 2006, Aug. 4-5, 2006"Conference on Japanese version of HRS/ELSA/SHARE" Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Major Policy Research Domains I. Maintaining Economic Dynamism under the Adverse Demographic Conditions of Low Fertility and Agin II. Promoting Innovation and Strengthening International Competitiveness III. Formulating Japan's Strategy in Response to Globalization and Deepening Economic Interdependenc IV. 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