HIV-AIDS epidemic in developing countries. The direct effect of the HIV epidemic is that it increases mortality and … investigate the marginal efficiency of health expenditures on the survival probability of individuals and demographics. The direct … effect of the HIV virus is that it leads adults to increase their own health expenditure and to decrease that of their …

years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example …, global growth is likely to slow and become increasingly dependent on knowledge and technology, while the economic costs of …

This paper investigates the relationship between economic growth and a fully funded social security system in an … overlapping generations model with family altruism. It is shown that funded social security may harm growth if there are operative …

fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a …

Standard growth models require large differences in barriers to capital accumulation to reproduce the observed … disparities in the wealth of nations. I introduce technology adoption and schooling decisions into a standard growth model and …

We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect … sensitivity analyses of cross-country growth regressions generate remarkably stable results across specifications, time periods …, and country samples. In addressing causality, we find, first, significant growth effects of cognitive skills when …