Kotlikoff, Laurence J.; Hagist, Christian - eSocialSciences - 2005
Government healthcare expenditures have been growing much more rapidly than GDP in OECD countries. For example, between … 1970 and 2002 these expenditures grew 2.3 times faster than GDP in the U.S., 2.0 times faster than GDP in Germany, and 1 … much is due to increases in benefit levels; i.e., in healthcare expenditures per beneficiary at a given age? This paper …