Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/224051 
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 13609
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
The risk of AIDS-related mortality increased dramatically throughout the 1990s. This paper updates previous work by Fortson (2011) to examine the impact of mortality risk on human capital investment during the deadliest period of the pandemic. We combine Demographic Health Survey data from 30 countries, across 60 survey waves, to generate a sample of over 1,300,000 observations. Cohort-specific analysis using the updated sample yields new evidence that the negative relationship between HIV prevalence and schooling steepened as mortality risk increased. The reduction in schooling is largest for women, and along the extensive margin of the schooling decision. The findings indicate that the decline in human capital investment associated with the HIV/AIDS pandemic prior to the availability of treatment was larger in magnitude than previously understood, but may be reversing rapidly as access to treatment is expanded.
Subjects: 
HIV/AIDS
mortality risk
schooling
JEL: 
I15
I25
O55
Document Type: 
Working Paper

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