We build a micro-simulation model able to simulate over a 15 years period the impact of AIDS on the distribution of income in Côte d’Ivoire. We focus on the labor supply effects of AIDS-induced mortality. We find that although the size of the economy in terms of total household income is reduced by around 6% after 15 years, average household income per capita, household income in- equality and poverty remain almost unchanged. In contrast with an often heard argument, the population dependency ratio is not much modified by the AIDS epidemic. These conclusions do not seem to depend on the degree of hetero- geneity and clustering of HIV/AIDS-infections over the populatio