This article reviewed achievements and challenges of the National Health Insurance of the Republic of Korea and shared thoughts on its future directions. Starting with large workplaces of 500 or more employees in 1977, Korea's National Health Insurance successfully achieved universal coverage within just 12 yr in 1989. This amazing pace of growth was possible due to a positive combination of st...

As an important aspect for the level of wealth, social welfare and economic growth, the housing stock, and more specifically, home ownership are significant structural mechanisms in the reduction of poverty and social inequalities. Nevertheless, the difficulties in measuring the prices of real capital such as housing are very well known. These difficulties stem, in part, from the heterogeneity ...

in recent years, iran has experienced high level depreciation of the nominal exchange rate (ner). the ultimate effects of such depreciation on iranian families’ welfare and income distribution have been a challenging issue among policymakers and researchers. accordingly, this study evaluates the economic effects of ner depreciation on the rice market, using spatial price equilibrium model. the ...

Welfare-state measures often tend to persist even when they seem to have become suboptimal due to changes in the economic environment. This paper proposes an information-based explanation for this welfare-state persistence. I present a structural model where rationally inattentive voters decide upon implementations and removals of social insurance. In this model, welfarestate persistence arises...

The issue of convergence has received considerable attention within the European Union over the past decade. Convergence on key economic dimensions was a clear objective of Ireland's entry into the European Community and is now central to the admission aspirations of the current applicant countries. In this paper I outline key aspects of Ireland's economic convergence and explore the implicatio...

This article presents a theoretical model for a dynamic system based on sustainable development. Due to the relatively absence of theoretical studies and practical issues in the area of sustainable development, Romania aspires to the principles of sustainable development. Based on the concept as a process in which economic, social, political and natural environment are combined in order to sust...

Applied welfare analyses of redistributive systems nowadays benefit from powerful taxbenefit microsimulation programs combined with administrative data. Arguably, most of the distributional studies of that kind focus on social welfare defined as a function – typically inequality or poverty indices – of household equivalized income. In parallel, economic research has made considerable progress i...

This paper studies growth and welfare effects of fiscal policy in an endogenous growth model with productive public capital where we consider both distortionary and non-distortionary taxation in the model simultaneously. Analyzing the model it is assumed that the economy originally is on the balanced growth path when the government changes its fiscal parameters. The paper then studies growth an...