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Modeling the Macroeconomic Impact of HIV/AIDS

Markus Haacker

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Description:The paper addresses the impact of HIV/AIDS on per capita output and income, with particular emphasis on the role of labor mobility between the formal and informal sectors, and the impact of the epidemic on investment decisions. The study finds that HIV/AIDS affects both the supply of labor and the demand for labor in the formal sector. Only if there is a significant rise in the capital-labor ratio, will there be an increase in formal sector employment. However, this is associated with a decline in the rate of return to capital. To the extent that companies respond to this by reducing investment, conventional models underestimate the adverse impact on employment, per capita output, and income. The analysis of the impact of HIV/AIDS on output is complemented by an assessment of the impact on income.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Modeling the Macroeconomic Impact of HIV/AIDS. To get started finding Modeling the Macroeconomic Impact of HIV/AIDS, you are right to find our website which has a comprehensive collection of manuals listed.
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Pages: 25

Format: PDF, EPUB & Kindle Edition

Publisher: International Monetary Fund

Release: 2002

ISBN: 1282029304

Description: The paper addresses the impact of HIV/AIDS on per capita output and income, with particular emphasis on the role of labor mobility between the formal and informal sectors, and the impact of the epidemic on investment decisions. The study finds that HIV/AIDS affects both the supply of labor and the demand for labor in the formal sector. Only if there is a significant rise in the capital-labor ratio, will there be an increase in formal sector employment. However, this is associated with a decline in the rate of return to capital. To the extent that companies respond to this by reducing investment, conventional models underestimate the adverse impact on employment, per capita output, and income. The analysis of the impact of HIV/AIDS on output is complemented by an assessment of the impact on income.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Modeling the Macroeconomic Impact of HIV/AIDS. To get started finding Modeling the Macroeconomic Impact of HIV/AIDS, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Modeling the Macroeconomic Impact of HIV/AIDS

Modeling the Macroeconomic Impact of HIV/AIDS

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