The Impact of AIDS on Income and Human Capital

AUTOR(ES)

Ferreira, Pedro Cavalcanti Gomes

DATA DE PUBLICAÇÃO

12/02/2009

RESUMO

This paper studies the impact of HIV/AIDS on per capita income and education. It ex- plores two channels from HIV/AIDS to income that have not been sufficiently stressed by the literature: the reduction of the incentives to study due to shorter expected longevity and the reduction of productivity of experienced workers. In the model individuals live for three periods, may get infected in the second period and with some probability die of Aids before reaching the third period of their life. Parents care for the welfare of the future generations so that they will maximize lifetime utility of their dynasty. The simulations predict that the most affected countries in Sub-Saharan Africa will be in the future, on average, thirty percent poorer than they would be without AIDS. Schooling will decline in some cases by forty percent. These gures are dramatically reduced with widespread medical treatment, as it increases the survival probability and productivity of infected individuals.

Documentos Relacionados

• The impact of government income transfers on the Brazilian job market
• The impact of AIDS on birth control
• Global Impact of Human Immunodeficiency Virus and AIDS
• Does HIV/AIDS Have a Biological Impact on the Risk of Human Papillomavirus–Related Cancers?
• Simulating the impact of inflation on the progressivity of personal income tax in Brazil