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We embed a lockdown choice in a simplified epidemiological model and derive formulas for the optimal lockdown intensity and duration. The optimal policy reflects the rate of time preference, epidemiological factors, the hazard rate of vaccine discovery, learning effects in the health care...
Persistent link: https://www.econbiz.de/10012206448
We examine the extent to which exposure to higher relative COVID-19 mortality (RM), influences health system trust (HST), and whether changes in HST influence the perceived ease of compliance with pandemic restrictions during the COVID-19 pandemic. Drawing on evidence from two representative...
Persistent link: https://www.econbiz.de/10013555709
The purpose of this study is to examine the relationship between globalization, Coronavirus Disease 2019 (COVID-19 … cannot explain cross-country differences in COVID-19 confirmed deaths. The fatalities of coronavirus are mostly explained by …
Persistent link: https://www.econbiz.de/10012219663
We develop an epidemic model to explain and predict the dynamics of the SARS-CoV-2 virus and to assess the economic … costs of lockdown scenarios. The standard epidemic three-variable model, SIR (Susceptible, Infected and Removed) is extended … epidemic results on hospital, morbidity and mortality together with macroeconomic impacts show that the total net benefits of …
Persistent link: https://www.econbiz.de/10012291861
during an epidemic? We study a setting where ICU resources are constrained while suppression is costly (e.g., limiting … suppression measures are continuously taken to hold down the spread throughout the epidemic, is suboptimal. Instead, the optimal … suppression is discountinuous. The epidemic should be left unregulated in a first phase and when the ICU constraint is approaching …
Persistent link: https://www.econbiz.de/10012219144
This study quantifies the economic impacts of SARS on the four affected Asian economies and the two most affected Chinese regions using synthetic control methods with macroeconomic and remote-sensing nightlight data. For the four affected economies (China, Hong Kong, Taiwan, and Singapore), we...
Persistent link: https://www.econbiz.de/10012312227
) to evaluate the effects of vaccinations and variants on the epidemic and macroeconomic outlook. Vaccination plays the …, increasing the volatility of epidemic curves and worsening the macroeconomic outlook. If a more contagious variant emerges after …
Persistent link: https://www.econbiz.de/10012619411
We study determinants of COVID-19 vaccine donations from recipients' perspective, especially considering supply chain and institutional weakness (corruption) aspects. Results, based on data from more than 131 nations, show that strengthened supply chains reduced donations. The impacts of...
Persistent link: https://www.econbiz.de/10014393223
The coronavirus disease (COVID-19) outbreak has resulted in the death of over four million people since late 2019. To …
Persistent link: https://www.econbiz.de/10012622723
Early non-pharmaceutical interventions (NPI) significantly reduced the death toll of the COVID-19 pandemic. Yet, there are vast differences in how quickly governments implemented NPIs. In this paper, we analyze the role of public attention, measured as the share of daily Google searches in a...
Persistent link: https://www.econbiz.de/10012241067