| Item type |
ディスカッションペーパー / Discussion Paper(1) |
| 公開日 |
2023-03-22 |
| タイトル |
|
|
タイトル |
Aging, Inadequacy, and Fiscal Constraint: The Case of Thailand |
|
言語 |
en |
| 言語 |
|
|
言語 |
eng |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Overlapping generations model |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Fiscal sustainability |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Pension |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Social Security |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Thailand |
| 資源タイプ |
|
|
資源タイプ |
technical report |
| ID登録 |
|
|
ID登録 (DOI) |
10.24545/00001908 |
|
ID登録タイプ |
JaLC |
| 著者 |
POONPOLKUL, Phitawat
PORAPAKKARM, Ponpoje
WASI, Nada
|
| 著者所属 |
|
|
値 |
Puey Ungphakorn Institute for Economic Research (PIER) |
| 著者所属 |
|
|
値 |
政策研究大学院大学 / National Graduate Institute for Policy Studies |
| 著者所属 |
|
|
値 |
Puey Ungphakorn Institute for Economic Research (PIER) |
| 抄録 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
We use an overlapping generations model to study the challenge in developing countries with a large informal sector and aging populations. We use Thailand as a case study and incorporate its labor market structure and its public pension system into the calibrated model. Unlike developed countries, workers in developing countries commonly transit from the formal sector to the informal sector, which can be in the early stage of their working life. This labor market feature crucially limits the coverage of the contributory social security system. We find that 66% of Thai elderly (aged 60 years old or over) are ineligible for social security annuity benefits because of an insufficient number of years paying into the social security fund. In addition, we use our model to evaluate two schemes to raise the existing universal basic pension income to the poverty line; namely, uniform benefits and pension-tested benefits. We find that pension-testing effectively improves the targeting efficiency, and non-trivially lower the cost of the basic pension income program. |
| 内容記述 |
|
|
内容記述タイプ |
Other |
|
内容記述 |
JEL Classification Codes: J1,H55,I3 |
| 内容記述 |
|
|
内容記述タイプ |
Other |
|
内容記述 |
The authors thank researchers at the ARC Centre of Excellence in Population Ageing Research (CEPAR), and Puey Ungphakorn Institute for Economic Research (PIER) and panelists at the Bank of Thailand Symposium 2021 for useful comments. Coding and computation partly benefited from the discussion with George Kudrna. Financial supports from Australian Research Council linkage grant LP190100681 and Policy Research Center grant at GRIPS are acknowledged. Porapakarm thanks Swinburn Samuel Leyton for his excellent research assistance. |
| 発行年 |
|
|
値 |
2023-3 |
| 書誌情報 |
en : GRIPS Discussion Papers
Report No. 22-14,
発行日 2023-03-22
|
| 出版者 |
|
|
出版者 |
GRIPS Policy Research Center |
|
言語 |
en |
| 著者情報 |
|
|
内容記述タイプ |
Other |
|
内容記述 |
https://www.grips.ac.jp/list/jp/facultyinfo/porapakkarm-ponpoje/ |
| 著者版フラグ |
|
|
出版タイプ |
AM |
|
出版タイプResource |
http://purl.org/coar/version/c_ab4af688f83e57aa |
DP22-14.pdf (808.3 kB)
