
To reduce the pressure on government budgets associated with population aging, Andrew Mason of the East-West Center and Ronald Lee of the Center for the Economics and Demography of Aging at the University of California at Berkeley recommend policies to: 1) encourage older workers who are in good health to delay retirement; 2) help working-age adults accumulate assets they can rely on in old age; and 3) improve the job prospects of young people by providing education, training, and capital investment. |
To reduce the pressure on government budgets associated with population aging, Andrew Mason of the East-West Center and Ronald Lee of the Center for the Economics and Demography of Aging at the University of California at Berkeley recommend policies to: 1) encourage older workers who are in good health to delay retirement; 2) help working-age adults accumulate assets they can rely on in old age; and 3) improve the job prospects of young people by providing education, training, and capital investment. |