Japanese and American economists assess the present economic status of the elderly in the United States and Japan, and consider the impact of an aging population on the economies of the two countries. With essays on labor force participation and retirement, housing equity and the economic status of the elderly, budget implications of an aging population, and financing social security and health care in the 1990s, this volume covers a broad spectrum of issues related to the economics of aging. Among the book's findings are that workers are retiring at an increasingly earlier age in both countries and that, as the populations age, baby boomers in the United States will face diminishing financial resources as the ratio of retirees to workers sharply increases. The result of a joint venture between the National Bureau of Economic Research and the Japan Center for Economic Research, this book complements Housing Markets in the United States and Japan (1994) by integrating research on housing markets with economic issues of the aged in the United States and Japan.

Sanitized Sex analyzes the development of new forms of regulation concerning prostitution, venereal disease, and intimacy during the American occupation of Japan after the Second World War, focusing on the period between 1945 and 1952. It contributes to the cultural and social history of the occupation of Japan by investigating the intersections of ordering principles like race, class, gender, and sexuality. It also reveals how sex and its regulation were not marginal but key issues in postwar empire-building, U.S.-Japanese relations, and American and Japanese self-imagery. The regulation of sexual encounters between occupiers and occupied was closely linked to the disintegration of the Japanese empire and the rise of U.S. hegemony in the Asia-Pacific region during the Cold War era. Shedding new light on the configuration of postwar Japan, the process of decolonization, the postcolonial formation of the Asia-Pacific region, and the particularities of postwar U.S. imperialism, Sanitized Sex offers a reading of the intimacies of empires—defeated and victorious.