The main part of the chapter will be devoted to social security. Aging has a direct and dramatic impact on the functioning of unfunded, or pay-as-you-go (hereafter PAYG), pension systems. In these systems, pension benefits are financed with the contributions of the workers. Population aging...
We know that themedian household net worth has gone nowherein the past 40 years. Furthermore, the median household income has been going down since 2000, but finally showed a rise to $68,000 based on the latest data available by the Federal Reserve. Meanwhile, housing prices, healthcare co...
Footnote 23 In Yakita (2023a), unlike the analyses presented herein, the exogenously given minimum long-term care must be provided by family and the government. Therefore, the cost of inefficiency must be borne by workers. In the present model with strategic bequest motives, the cost of ...
Specifically in the context of COVID-19, we took a case to the Supreme Court regarding a rule that discriminated against older workers after the lockdown; younger workers were allowed to return to work but older workers were not. This was very similar to the example that you gave. So, ...
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Aging population: Public willingness to pay for health care hinges on perceived benefits and risks Health care is undoubtedly crucial for everyone. As individuals age, the risk for health issues and related expenses increases. Consequently, many countries have universal health care systems, primarily ...
the government is likely to contribute 3-4% of the deposit (by platforms) to the Employees’ Provident Fund Organisation as a part of this “social security contributions” system. However, this provision raises concerns about the reduction in the take-home income of gig workers in the short ...
It has a mixed financing system, in which the government stumps up for the elderly and the poor, and employers pay for private coverage of their workers. Health-care spending has reached a record 15% of GDP, dwarfing Britain's 8%, yet 45m Americans lack insurance cover. The rising cost...
As the population ages, the labour demand for older workers has become a major social and economic challenge. Wage profiles are linked to age in all European countries to a varying extent but the remuneration path is seen to be continuing to rise for the over-50s in Belgium, whereas it fla...
But the first major study to focus on adverse childhood experiences (ACEs) was pmited to a single healthcare system in San Diego. A study pubpshed in JAMA Pediatrics- the largest nationally representative study to date on ACEs一confirms that these experiences are universal, yet highpghts some...