Article ID Journal Published Year Pages File Type
5086200 Japan and the World Economy 2011 13 Pages PDF
Abstract
► We simulate a computable OLG model to evaluate Japanese public health insurance. ► An increase in the co-payment rate could promote economic growth and welfare. ► This is because higher co-payments encourage people to save in preparation. ► Also, the effect on future economic burdens of reducing medical costs is small. ► The rise in health benefits can mainly be explained by Japan's aging population.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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