Lifetime financial-, work- and health-related decisions made by agents are intertwined with one another. Understanding how these decisions are made is essential to gauge if saving in financial, retirement and human assets is adequate or not. This paper numerically solves, simulates, and...

We study the role of endogenous healthcare choices by households to extend their expected lifetimes on economic growth and welfare in a decentralized overlapping generations economy with the realistic feature that households' savings are held in annuities. We characterize healthcare spending in...

Chapter 1. Longevity Era Centennial Life -- Chapter 2. Healthy Era, Healthier Longevity -- Chapter 3. Wealth era rich life -- Chapter 4. Pioneer of the age of longevity - Japan -- Chapter 5. longevity economy -- Chapter 6. The Road to Corporate Innovation for the Age of Longevity (6 and 7...

Between 2007 and 2009, government expenditures increased rapidly across the OECD countries. While economic research on the impact of government purchases has flourished, in the data, about three quarters of the increase in expenditures in the United States (and more in other countries) was in...