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This paper analyzes the welfare benefits from falling relative prices of IT (information technology) goods across a wide range of countries. We find, using two separate methodologies and datasets, that welfare benefits mainly accrue to users of IT, not their producers, because of falling relative prices. This is important, as IT production and use are(More)
Despite increasing optimism, the end of AIDS is not in sight. Whereas in 1990, HIV/AIDS ranked 24th out of the top 25 causes of years of life lost globally, in 2010 it ranked sixth [1]. In 2011, an estimated 1.7 million people died of AIDS-related causes and 2.5 million were newly infected with the virus; and the number of people living with HIV continues(More)
BACKGROUND Empirical studies and population-level policy simulations show the importance of voluntary medical male circumcision (VMMC) in generalized epidemics. This paper complements available scenario-based studies (projecting costs and outcomes over some policy period, typically spanning decades) by adopting an incremental approach-analyzing the expected(More)
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