Baicker, Katherine; Chandra, Amitabh; Skinner, Jonathan S. - In: Annual Review of Economics 4 (2012) 1, pp. 33-56
There is growing concern over the rising share of the US economy devoted to health care spending. Fueled in part by demographic transitions, unchecked increases in entitlement spending will necessitate some combination of substantial tax increases, elimination of other public spending, or...