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ArticlePublication 2019Increasing Education in Lower-Middle-Income Countries
This case study examines the effects of increased education on mortality risks. Historically, benefit-cost analyses …
This case study examines the effects of increased education on mortality risks. Historically, benefit-cost analyses have focused on the effect of education on future wages. However, the available evidence also suggests that education reduces under-five and adult mortality rates. This paper estimates how net benefits, as well as the ratio of benefits to costs, responds to the approach used to value mortality risk reductions. It considers one additional year of schooling in lower-middle-income countries, incremental…
Social Determinants | Health Outcomes | Preferences/Values | Priority Setting/Ethics | Decision Analysis | Benefit-Cost Analysis | Policy/Regulation | Education/Labor | Global | Critical Thinking/Analysis -
Working PaperPublication 2018Valuing Nonfatal Health Risk Reductions
This paper explores approaches for valuing nonfatal risk reductions associated with policy choices in low- …
This paper explores approaches for valuing nonfatal risk reductions associated with policy choices in low- and middle-income countries. The approach for valuation ideally would be based on estimates of individuals’ willingness to pay for changes in their own risks. However, high quality valuation research is not available for many nonfatal conditions even in high-income settings. Typically, two approaches are used either alone or in combination as rough proxies. The first involves applying an estimate of…
Social Determinants | Health Outcomes | Preferences/Values | Priority Setting/Ethics | Decision Analysis | Benefit-Cost Analysis | Policy/Regulation | Economics/Finance | Health/Medicine | Global | Critical Thinking/Analysis
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