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This report presents the main findings of an international research project that has evaluated the education and employment experiences of secondary school leavers and university graduates in four African countries - Malawi, Tanzania, Uganda, and Zimbabwe. The four countries were also selected because they have or have had very high HIV prevalence rates. …
Using data from Demographic and Health Surveys for eleven countries in sub-Saharan Africa,the authorestimates the effect of local HIV prevalence on individual human capital investment. The authorfinds that the HIV/AIDS epidemic has reduced human capital investment: living in an area with higher HIV prevalence is associated with lower levels of completed schooling and slower progress through school. These results are consistent with a model of human capital investment in which parents and children respond to changes in the expected return to schooling driven by mortality risk.