Showing 1 - 10 of 940
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 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
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 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
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
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
remove concurrent policy bias from the effect of each policy of interest, and we establish that policies curb the epidemic by …
Persistent link: https://www.econbiz.de/10012225440
Do experts adjust their policy recommendations when the facts change? We conduct a large-scale randomized experiment among 1,224 economic experts across 109 countries that includes two treatments. The first treatment is the geographic and temporal variation in the initial spread of Covid-19...
Persistent link: https://www.econbiz.de/10012287982
This study documents how the demographics of new infections and mortality changed over time across US counties. We find that counties with a larger population share aged above 60 were hit harder initially in terms of both cases and mortality in March and April while counties with a larger...
Persistent link: https://www.econbiz.de/10012291873
while keeping the epidemic in check. Here I use basic economic principles to shed light on the key tradeoffs. A central …
Persistent link: https://www.econbiz.de/10012257770