HSU, Minchung

Position Associate Professor
Degree Ph.D. in Economics, University of California, Los Angeles (UCLA)
Specialty Macroeconomics, Health Insurance, Social Insurance, Demographic Changes and Growth, Public Policy, Economic Dynamics
Current Research Interests Health insurance and Social Insurance Systems, Population Aging, Public and Macroeconomic Policies
  • Professional Career

2013 Associate Professor, GRIPS

2007 Assistant Professor, GRIPS

2012 Visiting Scholar, Academia Sinica (summer)

2009 Visiting Scholar, National Taiwan University (summer)

2007 Ph.D. (Economics), UCLA


  • Selected publications
Optimal Linear and Two-bracket Income Taxes with Idiosyncratic Earnings Risk (with CC Yang), 2013, Journal of Public Economics, 105:6, 58-71.
Health Insurance and Precautionary Saving – A Structural Analysis, 2013, Review of Economic Dynamics, 16:3, 511-526
The Provision of Public Universal Health Insurance: Impacts on Private Insurance, Asset Holdings and Welfare (with Junsang Lee), 2013, Macroeconomic Dynamics, 17:6, 1252-1280
China’s Economic Fluctuations and Consumption Smoothing: Is Consumption More Volatile than Output in China? (with Min Zhao), 2012, China Economic Review, 23:4 ,918–927
Social Insurance and the Wealth Distribution, 2011, Economics Bulletin, 31:1, 687-698
Health Insurance Reform – The Impact of a Medicare Buy-in (with Gary Hansen and Junsang Lee) , 2012, NBER Working Paper No. 18529
Financing Health Care in Japan: A Rapidly Aging Population and the Dilemma of Reforms (with Tomoaki Yamada), 2012, working paper
Revisiting Private Health Insurance and Precautionary Saving: A Theoretical and Empirical Analysis (with Per-Ju Liao and CC Lin), First version: 2011; current: 2013, working paper.
Financing National Health Insurance: Challenge of Fast Population Aging (with Per-Ju Liao), 2011, working paper
China’s Business Cycles between 1954 – 2004: Productivity and Fiscal Policy Changes (with Min Zhao), 2009, MPRA Paper 21283
Determinants of Foreign Direct Investment into China: Do Tax Incentives Matter? (with Yanqing Zhao and Roberto Leon Gonzalez), 2011, working paper
Accounting for China's Long-term Growth: How Important is Demographic Change (with Pei-Ju Liao and Min Zhao), 2010, working paper
Population Policy and Economic Growth: Impacts of Deviation from the One-Child Policy in China (with Pei-Ju Liao and Min Zhao), 2009, working paper


  • Other notable activities and achievements

Honors and Awards

JSPS Research Grant 2010-2012

UCLA Dissertation Year Fellowship 2006-2007

Fellowship for Taiwan Students Abroad, Taiwan Ministry of Education 2005-200 Dr.

Yuan-Suan Sun Scholarship, Taiwan 1993-1976


Academic Service

1.Journal Referee:
American Economic Review, American Economic Journal: Macroeconomics,
Academia Economic Papers, International Economic Review,
Japanese Economic Review, Journal of Economic Dynamics and Control
2.Conference organizer:
2008 -- 2013 GRIPS International Conference of Macroeconomics and Policy



  • Personal website



  • e-mail: minchunghsu

*Please add”@grips.ac.jp” to send a message.


  • CV

HSU, Minchung's CV


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