ヤマダ トモアキ   Yamada Tomoaki
  山田 知明
   所属   明治大学  商学部
   職種   専任教授
言語種別 英語
発行・発表の年月 2021/06
形態種別 学術雑誌
査読 査読あり
標題 Foreign Workers, Skill Premium and Fiscal Sustainability in Japan
執筆形態 共著(筆頭者以外)
掲載誌名 Economic Analysis
掲載区分国内
出版社・発行元 Economic and Social Research Institute
巻・号・頁 (202),pp.220-243
総ページ数 24
著者・共著者 Sagiri Kitao
概要 Japan faces rapid and severe demographic aging and rising fiscal deficits due to increasing expenditures and shrinking tax revenues. This paper studies how an inflow or an outflow of foreign workers affects projections of macroeconomic and fiscal variables. We show that foreign workers help slow down a decline in labor force and mitigate fiscal pressures, but effects are not large enough to wipe away concerns even under a very optimistic scenario. We also evaluate effects of foreign workers on skill-specific wages in Japan and welfare consequences across heterogeneous individuals. A rapid rise in the relative size of high-skilled labor force in Japan will give strong downward pressure on skill premium and an arrival of foreign workers is shown to have large differential effects on skill prices and the trend of wage inequality, depending on their size and skill composition.
researchmap用URL https://www.esri.cao.go.jp/jp/esri/archive/bun/bun202/bun202j.pdf