"While there is a great deal of anecdotal evidence on the economic effects of adverse health shocks, there is relatively little hard empirical evidence. The author builds on recent empirical work to explore in the context of postreform Vietnam two related issues: (1) how far household income and...

The study offers an analytic approach to fundamental questions concerning the effect of the aging population on the Chilean health system, and, to the prospects for, and the extent of financing health care for the elderly, as presumably catastrophic costs are linked to this effect. However, the...

"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...