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Optimal epidemic suppression under an ICU constraint

Miclo, Laurent; Spiro, Daniel; Weibull, Jörgen W. - 2020

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

Taming the spread of an epidemic by lockdown policies

Federico, Salvatore; Ferrari, Giorgio - 2020

We study the problem of a policymaker who aims at taming the spread of an epidemic while minimizing its associated … characterized by three distinct periods: the epidemic is first let freely evolve, then vigorously tamed, and finally a less …

Persistent link: https://www.econbiz.de/10012269704

Should contact bans be lifted in Germany? : a quantitative prediction of its effects

Donsimoni, Jean Roch; Glawion, René; Plachter, Bodo; … - 2020

Many countries consider the lifting of restrictions of social contacts (RSC). We quantify the effects of RSC for Germany. We initially employ a purely statistical approach to predicting prevalence of COVID19 if RSC were upheld after April 20. We employ these findings and feed them into our...

Persistent link: https://www.econbiz.de/10012202358

The economic impacts of a pandemic : what happened after SARS in 2003?

Nguyen Doan; Nguyen Phuc Canh; Noy, Ilan; Sawada, Yasuyuki - 2020

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

Optimally controlling an epidemic

Gonzalez-Eiras, Martín; Niepelt, Dirk - 2020

We propose a flexible model of infectious dynamics with a single endogenous state variable and economic choices. We characterize equilibrium, optimal outcomes, static and dynamic externalities, and prove the following: (i) A lockdown generically is followed by policies to stimulate activity....

Persistent link: https://www.econbiz.de/10012388160

France and Germany exceed Italy, South Korea and Japan in temperature-adjusted Corona proliferation : a quick and dirty Sunday morning analysis

Puhani, Patrick A. - 2020

Measures to contain the Corona virus (COVID-19) may pay off in terms of slowing down proliferation. The proliferation trend in France and Germany now exceeds the one in Italy, South Korea and Japan. At the same time, the containment measures seem more intense in Italy, South Korea and Japan than...

Persistent link: https://www.econbiz.de/10012173099

France and Germany exceed Italy, South Korea and Japan in temperature-adjusted Corona proliferation : a quick and dirty Sunday morning analysis

Puhani, Patrick A. - 2020

Persistent link: https://www.econbiz.de/10012173287

Firm behavior during an epidemic

Brotherhood, Luiz Mário; Jerbashian, Vahagn - 2020

We derive a model in which firms operate in an epidemic environment and internalize infections among their employees in … the workplace. The model is calibrated to fit the properties of the Covid-19 epidemic. We show that firms have incentives …

Persistent link: https://www.econbiz.de/10012258622

Firm behavior during an epidemic

Brotherhood, Luiz Mário; Jerbashian, Vahagn - 2020

We derive a model in which ﬁrms operate in an epidemic environment and internalize infections among their employees in … the workplace. The model is calibrated to ﬁt the properties of the Covid-19 epidemic. We show that ﬁrms have incentives to …

Persistent link: https://www.econbiz.de/10012262217

On the optimal "lockdown" during an epidemic

Gonzalez-Eiras, Martín; Niepelt, Dirk - 2020

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