On Financing Retirement Health and Long term Care in Japan is popular PDF and ePub book, written by Ellen R. McGrattan in 2018-11-28, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, On Financing Retirement Health and Long term Care in Japan can be Read Online from any device for your convenience.
On Financing Retirement Health and Long term Care in Japan Book PDF Summary
Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages. This paper analyzes the impact of policy options intended to address this problem by employing a dynamic general equilibrium overlapping generations model, specifically parameterized to match both the macroeconomic and microeconomic level data of Japan. We find that financing the costs of aging through gradual increases in the consumption tax rate delivers a better macroeconomic performance and higher welfare for most individuals than other financing options, including those of raising social security contributions, debt financing, and a uniform increase in health and long-term care copayments.
Detail Book of On Financing Retirement Health and Long term Care in Japan PDF
- Author : Ellen R. McGrattan
- Release : 28 November 2018
- Publisher : International Monetary Fund
- ISBN : 9781484384718
- Genre : Business & Economics
- Total Page : 44 pages
- Language : English
- PDF File Size : 16,6 Mb
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