The "lost decade" is a term popularly used to describe the Japanese economy of the 1990s, the period following the bursting of the country's economic bubble. Yet even after the problems of ...
This paper quantitatively studies the influence of a rapidly aging population on the financing of a public universal health insurance system and the corresponding fiscal policies. We construct a ...
China is undergoing a dual transition from a planned to a market economy, and from a traditional agricultural to a modern industrial society. In this column, we examine how this process has come about ...