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A rich economic literature has examined the human capital impacts of disease-eliminating health interventions, such as the rollout of new vaccines. This literature is based on reduced-form approaches which exploit proxies for disease burden, such as mortality, instead of actual infection counts,...
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Avian flu has been the focus of significant attention since 2004, when there were reports of human infections in Asia from the avian flu H5N1 strain. To prevent the catastrophic mortality of mankind, several governments are stockpiling antivirals and pharmaceutical firms are increasing their...
Persistent link: https://www.econbiz.de/10014206383
What are the long-run economic impacts of the policy responses to control pandemics? We investigate this question by exploiting state-level data spanning one of the most consequential global pandemics in centuries, the 1918 influenza pandemic. Specifically, we use a difference-in-differences...
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We devise a theoretical model for the optimal dynamical control of an infectious disease whose diffusion is described by the SVIR compartmental model. The control is realized through implementing social rules to reduce the disease’s spread, which often implies substantial economic and social...
Persistent link: https://www.econbiz.de/10014078707
During the Covid-19 pandemic, several countries have resorted to self-adaptive mechanisms that allow non-pharmaceutical interventions to be tailored to local epidemiological and health care indicators. These mechanisms reinforce the interdependence between containment measures and the evolution...
Persistent link: https://www.econbiz.de/10014084408
We use a conventional dynamic economic model to integrate individual optimization, equilibrium interactions, and policy analysis into the canonical epidemiological model. Our tractable framework allows us to represent both equilibrium and optimal allocations as a set of differential equations...
Persistent link: https://www.econbiz.de/10014099344
At present coronavirus disease (COVID-19), an outbreak, calls for an emergency concern for public health … stop the functioning of this outbreak to the regions within the affected country or to reduce human transmission. Public … the community, with the goal of monitoring the symptoms of healthy individuals who have been exposed to the virus and …
Persistent link: https://www.econbiz.de/10014099763