Aging and health financing in the U.S.: A general equilibrium analysis
We quantify the effects of population aging on the U.S. healthcare system. Our analysis is based on a stochastic general equilibrium overlapping generations model of endogenous health accumulation calibrated to match pre-2010 U.S. data. We find that population aging not only leads to large increases in medical spending but also a large shift in the relative size of private vs. public insurance. Without the Affordable Care Act (ACA), aging by itself leads to a 40% increase in health expenditures...[Show more]
|Collections||ANU Research Publications|
|Source:||European Economic Review|
|01_Jung_Aging_and_health_financing_in_2017.pdf||1.8 MB||Adobe PDF||Request a copy|
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