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Designing the Financial Tools to Promote Universal Free-Access to AIDS Care

Author

Listed:
  • Patrick Leoni
  • St�phane Luchini

Abstract

Typical of the AIDS epidemics is that governments in developing countries under-invest in drugs production because of the possible appearance of a curative vaccine. We design a set of financial tools allowing to hedge against this event and achieving full risk-sharing. We show that the introduction of those assets increase social welfare in developing countries, as well as the number of treated patients and the provision of public good.

Suggested Citation

  • Patrick Leoni & St�phane Luchini, "undated". "Designing the Financial Tools to Promote Universal Free-Access to AIDS Care," IEW - Working Papers 227, Institute for Empirical Research in Economics - University of Zurich.
    • Handle: RePEc:zur:iewwpx:227
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    File URL: https://www.zora.uzh.ch/id/eprint/52120/1/iewwp227.pdf
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    References listed on IDEAS

    as
    1. Jean-Paul Moatti & Benjamin Coriat & Yves Souteyrand & Tony Barnett & Jérôme Dumoulin & Yves-Antoine Flori, 2003. "Economics of AIDS and access to HIV/AIDS care in developing countries : issues and challenges," Post-Print halshs-00112023, HAL.
    2. Michael Kremer & Edward Miguel & Rebecca Thornton, 2009. "Incentives to Learn," The Review of Economics and Statistics, MIT Press, vol. 91(3), pages 437-456, August.
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    Cited by:

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    3. Armin Falk & Ernst Fehr & Christian Zehnder, "undated". "The Behavioral Effects of Minimum Wages," IEW - Working Papers 247, Institute for Empirical Research in Economics - University of Zurich.

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    Keywords

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    JEL classification:

    • G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior

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