TY  - RPRT
        AU  - Hamilton, Barton H.
AU  - Hincapié, Andrés
AU  - Kalish, Emma C.
AU  - Papageorge, Nicholas W.
        TI  - Medical Innovation and Health Disparities
        PY  - 2022/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 15711
        UR  - https://www.iza.org/publications/dp15711
        AB  - Health-maximizing and welfare-maximizing behaviors can be at odds, especially among disadvantaged groups, generating health disparities. We estimate a lifecycle model of medication and labor supply decisions using data on HIV-positive men. We evaluate an effective HIV treatment innovation that had harsh side effects: HAART. Measured in lifetime utility gains, HAART disproportionately benefitted higher-education men. Lower-education men were more likely to avoid the side effects of HAART that interfered with work. A counterfactual mandate to use HAART improves health but increases inequality because low-education individuals work less. A counterfactual non-labor income subsidy increases HAART adoption and improves health among lower-education individuals.
        KW  - health disparities
KW  - health behaviors
KW  - dynamic demand
KW  - side effects
KW  - structural models
KW  - HIV/AIDS
        ER  -