Economic growth and medicare funding systems
學年 93
學期 1
出版(發表)日期 2005-01-01
作品名稱 Economic growth and medicare funding systems
作品名稱(其他語言)
著者 Hau, Arthur; Jiang, Lily
單位 淡江大學經濟學系
出版者 Western Economic Association International
著錄名稱、卷期、頁數 Contemporary Economic Policy 23(1), pp.17-27
摘要 This article compares the long-run effects of changes in health conditions, population growth, price of medical care, and Medicare indemnity rate on capital formation and medical expenditures under fully funded and pay-as-you-go Medicare. Surprisingly, it is found that population growth, rising medical prices, and increasingly adverse health conditions may or may not raise medical expenditures in the long run. Moreover, the directions of some of these effects under the pay-as-you-go Medicare system are reversed under the fully funded system. Finally, it is shown that fully funded Medicare results in higher steady-state capital than pay-as-you-go Medicare; however, the welfare effect of the former may or may not be higher than that of the latter in general. (JEL H550, E620)
關鍵字
語言 en
ISSN 1074-3529
期刊性質 國內
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國別 TWN
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