This paper forecasts the long-term trends in government subsidies to health insurance and long-term care insurance with the latest version (September 2009) of our Health and Long-term Care Insurance Model (HLIM). Many economic settings match those of simulations conducted by the National Council...

Using micro-level household data in the 2001 Comprehensive Survey of the Living Conditions of the People on Health and Welfare compiled by the Japanese Ministry of Health, Labor and Welfare, this paper examines how having a household member in need of long-term nursing care can result in welfare...

This paper discusses how behavioral mistakes, focused by behavioral economics, alter normative economics that presumes rational individuals. Behavioral mistakes do not necessarily call for paternalistic policies. Insights of behavioral economics have more significant impact on paternalism than...

In this paper I study issues in choosing between insurance premiums and taxes as means of financing the social security programs. An outline of the present composition of financial sources is that general tax revenues are put into a social insurance program that has a difficulty in raising an...