alternative systems focuses on their effects on savings, capital accumulation, labour supply, economic growth and inequality and … on the savings rate, capital accumulation, productivity and the labour supply. These effects must be taken into account …

consumption after being tested HIV positive. The paper describes different effects on aggregate savings according to different … stages of the epidemic. We show that the HIV epidemic decreases savings if especially young individuals are (perceived to be …) affected by the virus, but may increase savings if individuals perceive a sizable probability of getting infected later in life …