Aging and health financing in the U.S.: A general equilibrium analysis
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Jung, Juergen; Tran, Chung; Chambers, Matthew
Description
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 |
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Date published: | 2017 |
Type: | Journal article |
URI: | http://hdl.handle.net/1885/232471 |
Source: | European Economic Review |
DOI: | 10.1016/j.euroecorev.2017.09.005 |
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01_Jung_Aging_and_health_financing_in_2017.pdf | 1.8 MB | Adobe PDF | Request a copy |
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