Purpose: To determine the influence of COVID-19 and the first 2020 lockdown on Flemish people's initial travel … they might be able to travel again during the summer of 2020 (July/August). This research had two main aims: i) the pre-lockdown …

We embed a lockdown choice in a simplified epidemiological model and derive formulas for the optimal lockdown intensity … discovery, learning effects in the health care sector, and the severity of output losses due to a lockdown. In our baseline …

We study the problem of a policymaker who aims at taming the spread of an epidemic while minimizing its associated … numerical experiments illustrating the structure of the optimal lockdown policy. In all our experiments the latter is … characterized by three distinct periods: the epidemic is first let freely evolve, then vigorously tamed, and finally a less …

We embed a lockdown choice in a simplified epidemiological model and derive formulas for the optimal lockdown intensity … discovery, learning effects in the health care sector, and the severity of output losses due to a lockdown. In our baseline …

characterize equilibrium, optimal outcomes, static and dynamic externalities, and prove the following: (i) A lockdown generically … arrives deterministically, optimal policy is discontinous, featuring a light/strict lockdown when the arrival date exceeds … gains from optimal policy unless the government lacks instruments to stimulate activity after a lockdown. …

characterize equilibrium, optimal outcomes, static and dynamic externalities, and prove the following: (i) A lockdown generically … arrives deterministically, optimal policy is dis-continuous, featuring a light/strict lockdown when the arrival date exceeds … gains from optimal policy unless the government lacks instruments to stimulate activity after a lockdown. …

We present a Simple SIR Macro Model to study the economic impact of an epidemic in a model were agent types are … planner cannot differentiate between agent types). We find that decentralized economy produces an endogenous lockdown in which … economic activity decreases. We find that the decentralized economy will begin its lockdown sooner than what the optimal policy …