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Working Paper

The Welfare Costs of HIV/AIDS in Eastern Europe: An Empirical Assessment Using the Economic Value-of-Life Approach

Kiel Working Papers, 1297
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Authors

  • Fimpel
  • J.
  • Stolpe
  • M.

Publication Date

JEL Classification

D91 I12 I18 J17

Key Words

Eastern Europe

HIV/AIDS

Survival Probabilities

Value of a Statistical Life

Willingness-to-Pay

Based on the aggregation of individual willingness-to-pay for a statistical life, we calibrate an intertemporal optimization model to determine the aggregate welfare losses from HIV/AIDS in 25 Eastern European countries. Assuming a discount rate of three

Kiel Institute Expert

  • Dr. Michael Stolpe
    Kiel Institute Researcher

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