COVID-19 causes extremely high mortality among the old. This motivates a comparison of the losses of future lifetime years and future lifetime years of work ensuing from a hypothetical 25,000 excess deaths in Italy, whose affluent population is one of the world's oldest, with those in Kenya,...

COVID-19 causes extremely high mortality among the old. This motivates a comparison of the losses of future lifetime years and future lifetime years of work ensuing from a hypothetical 25,000 excess deaths in Italy, whose affluent population is one of the world's oldest, with those in Kenya,...

All-weather rural roads usually improve not only villagers' terms of trade, but also their educational attainments and health. Obtaining empirical estimates of the benefits generated by the first is straightforward, not so those generated by the others. The object of this paper is to estimate...