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Djemaï, Elodie - Université Paris-Dauphine (Paris IX) - 2010

This paper addresses the issue of the positive observed relationship be- tween GDP and HIV prevalence in Sub-Saharan Africa. We examine the role of the volatility of GDP per capita in lowering the incentives to invest in self-protection and, empirically, in the spread of the epidemic. Using a...

Persistent link: https://www.econbiz.de/10011074010

Risk Taking of HIV-Infection and Income Uncertainty : Empirical Evidence from Sub-Saharan Africa

Djemaï, Elodie - Université Paris-Dauphine (Paris IX) - 2009

This paper questions the positive relationship between HIV prevalence and income in Sub-Saharan Africa. In this paper, we hypothesize that a greater economic instability would reduce the incentives to engage in self-protective behaviors inducing people to increasingly take the risk of...

Persistent link: https://www.econbiz.de/10011074446

Effets bénéfiques de l’inflation dans une économie avec concurrence entre monnaies

Rojas Breu, Mariana - Université Paris-Dauphine (Paris IX) - 2010

The optimal inflation rate is an outstanding issue in monetary theory and policy. Previous work attempting to … rationalize positive inflation targets chosen by central banks is subject to a major criticism, since its conclusions depend on … the assumption that only one currency is available to agents. This paper presents a model in which the inflation of the …

Persistent link: https://www.econbiz.de/10010708768

Debt enforcement and the return on money

Rojas Breu, Mariana - Université Paris-Dauphine (Paris IX) - 2012

return on assets is determined by incentives eliciting voluntary debt repayment. I show that the inflation rate or, more …, money is used in equilibrium and the optimal inflation rate is positive. …

Persistent link: https://www.econbiz.de/10011074031