Abstract
In this study, we examine an income replacement rate of each prefecture in Japanese public pension system using an agent-based simulation. OECD Glossary of Statistical Terms defines the income replacement rate as a ratio of an individual’s pension (P) and the average income (I), that is, P/I. On the basis the statistics of each prefecture, we calculate the amount of pension, wage structure, and marriage behavior using the agent-based model. From simulation results, we try to see circumstances of current pensioners in each prefecture based on the population change, the income replacement rate, and the marital state relationship.
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