Files

Action Filename Size Access Description License
Show more files...

Abstract

A three-period overlapping-generations model is developed to investigate the impact on human capital investment decisions and income growth of lowered life expectancy as a result of diseases such as HIV/AIDS. We show that an increased probability of premature death leads to less investment in human capital, and consequently slower growth. We also empirically investigate the effect of HIV/AIDS on life expectancy in Sub-Saharan Africa and the role of health in the level of educational investments and growth for a broader set of countries. The empirical results show that HIV/AIDS has resulted in a substantial decline in life expectancy in African countries and falling life expectancies are indeed associated with lower educational attainment and slower economic growth world wide.

Details

Downloads Statistics

from
to
Download Full History