An AIDS epidemic threatens Ethiopia with a long wave of premature adult mortality, and thus with an enduring setback to capital formation and economic growth. The authors develop a two-sector model with three overlapping generations and intersectorally mobile labor, in which young adults allocate resources under rational expectations. They calibrate the model to the demographic and economic data, and perform simulations for the period ending in 2100...
انظر المزيد
تفاصيل
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2009/4/01
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ورقة عمل خاصة ببحوث السياسات
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WPS4919
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1
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1
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2010/7/01
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Disclosed
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AIDS and dualism : Ethiopia's burden under rational expectations
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young adult