Untapped Work Capacity Among Old Persons and Their Potential Contributions to the 'Silver Demographic Dividend' in Japan
In this presentation, the authors have measured the untapped work capacity of old persons, using the microdata gathered in the Japanese Study of Aging and Retirement (JSTAR), a longitudinal survey carried out on subjects aged 50–75. Their results show that the volume of untapped work capacity of the Japanese elderly aged 60–79 is vast, amounting to more than 11 million workers at present. The authors have also explored whether or not the use of untapped work capacity of old persons could affect the well-being of workers in other age groups.