Juergen Jung

TL;DR: In this article, the authors studied the dynamic general equilibrium effects of introducing a social pension program to elderly informal sector workers in developing countries who lack formal risk sharing mechanisms against income and longevity risks.

TL;DR: In this paper, the authors assess the efficiency gains from eliminating such policy induced early retirement in a two-sector overlapping generations economy and find that the adverse effects of that policy are significant, which is often associated with decreases in steady state output (GDP) of almost 3% and welfare losses in the private sector of more than 3% of consumption.

TL;DR: In this paper, the impact of health insurance on individual out-of-pocket health expenditures in China was studied. But the authors found that although the probability of accessing health care increases with the availability of health coverage, the level of health expenditure decreases, which may be attributed to increases in the coinsurance rates of health insurances.

TL;DR: The findings demonstrate the importance of accounting for behavioral responses, structural changes in the healthcare sector and general equilibrium adjustments when assessing the economy-wide effects of aging.