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We contrast the canonical epidemiological SIR model due to Kermack and McKendrick (1927) with more tractable alternatives that offer similar degrees of "realism" and exibility. We provide results connecting the different models which can be exploited for calibration purposes. We use the expected...
Persistent link: https://www.econbiz.de/10012226626
Building on the epidemiological SIR model we present an economic model with heterogeneous individuals deriving utility from social contacts creating infection risks. Focusing on social distancing of individuals susceptible to an infection we theoretically analyze the gap between private and...
Persistent link: https://www.econbiz.de/10012226761
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...
Persistent link: https://www.econbiz.de/10012263718
Die öffentlichen Verwaltungen in Deutschland stehen vor großen Herausforderungen. Vor allem die Bürger erwarten ein … öffentlichen Hand - Steuerung der Verwaltung durch die Balanced Score Card - Bürgerorientierte Qualität: Prozesse - Verschlankung …
Persistent link: https://www.econbiz.de/10013506048
entwickelt der Autor ein spezifisches Controllingkonzept für die öffentliche Verwaltung. Abgerundet wird die Thematik durch eine …" richtet sich in erster Linie an die Studierenden der Fachhochschulen für öffentliche Verwaltung. Darüber hinaus ist es auch …. Dr. Klaus Homann lehrt Öffentliche Betriebswirtschaftslehre an der Fachhochschule für öffentliche Verwaltung Nordrhein-Westfalen …
Persistent link: https://www.econbiz.de/10013517366
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly tied to how much inflation it generates, which in turn hinges on monetary-fiscal adjustments that ultimately finance the transfers. We compare two distinct types of...
Persistent link: https://www.econbiz.de/10012388237
This paper reexamines the design of the optimal lockdown strategy by paying attention to its robustness to the postulated social welfare criterion. We first characterize optimal lockdown under utilitarianism, and we show that this social criterion can, under some conditions, imply a COVID-19...
Persistent link: https://www.econbiz.de/10012313558
We study the link between public enforcement of property rights, innovation investments, and economic growth in an endogenous growth framework with an expanding set of product varieties. We find that a government may assure positive equilibrium growth through public employment in the enforcement...
Persistent link: https://www.econbiz.de/10009387238
This volume presents empirical studies and theoretical reflections on Evolutionary Governance Theory (EGT), its most important concepts and their interrelations. As a novel theory of governance, EGT understands governance as radically evolutionary, which implies that all elements of governance...
Persistent link: https://www.econbiz.de/10012401994
We measure the economic risk of epidemics at a geo-spatially detailed resolution. In addition to data about the epidemic hazard prediction, we use data from 2014-2019 to compute measures for exposure, vulnerability, and resilience of the local economy to the shock of an epidemic. Using a battery...
Persistent link: https://www.econbiz.de/10012156716