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Research theme

Health Macroeconomics

Studying the macroeconomic consequences of health shocks, insurance design, and medical spending for portfolio choice, inequality, and fiscal sustainability.

Research focus

The macroeconomics of health and insurance

Studying the macroeconomic consequences of health shocks, insurance design, and medical spending for portfolio choice, inequality, and fiscal sustainability.

The lab connects health economics and macroeconomics by modelling health status, medical spending, insurance design, and precautionary saving within lifecycle frameworks. This helps explain how health shocks shape portfolio choice and wealth accumulation.

The research also examines how public and private insurance arrangements affect economic security, inequality, and long-run fiscal pressures associated with ageing populations and rising medical expenditure.

Key question

How do health shocks and health uncertainty affect household portfolio choice, precautionary savings, and wealth inequality?

Key question

What is the optimal design of public health insurance in a lifecycle model with heterogeneous agents?

Key question

How does rising health expenditure in an ageing population affect fiscal sustainability and intergenerational redistribution?

Selected publications

Research linked to this theme

This shortlist reflects the publications currently referenced in the existing site materials for this topic.

Selected publication

Health Heterogeneity, Portfolio Choice and Wealth Inequality

Juergen Jung, Chung Tran | Working Paper, 2024
Selected publication

Social Health Insurance: A Quantitative Exploration

Juergen Jung, Chung Tran | Journal of Economic Theory, 2022

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The redesign now separates the theme overview, related publications, and nearby topics. Publication and collaboration requests can be sent directly to the lab.