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has been cited by the following article:

• TITLE: Elderly Population Projection and Their Health Expenditure Prospects in Japan

  AUTHORS: Tetsuo Fukawa

  KEYWORDS: Population-Household Projection, Dependency Level of the Elderly, Medical Expenditure, LTC Expenditure

  JOURNAL NAME: Modern Economy, Vol.8 No.11, November 6, 2017

  ABSTRACT: By using a dynamic micro-simulation model named INAHSIM-II, we conducted a population-household projection in Japan (INAHSIM 2017) for the period of 2015-2065. Due to rapid aging of the population, the distribution of the elderly (65 years old or older) by dependency level has a profound impact on health expenditure (namely medical expenditure and long-term care expenditure) of the elderly. In this paper, we estimated health expenditure of the elderly in 2025-2065, using the results of the projection of the elderly by dependency level.