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This paper investigates the role of testing and age-composition in the Covid-19 epidemic. We augment a standard SIR epidemiological model with individual choices regarding how much time to spend working and consuming outside the house, both of which increase the risk of transmission. Individuals...
Persistent link: https://www.econbiz.de/10012227656
I present a stylized suspected-infected-recovered (SIR) model of COVID-19, with symptomatic versus asymptomatic patients, and social distancing intervention. The optimal suppress strategy has low-infection rates, enabling assumptions that support closed-form solutions. The model predicts high...
Persistent link: https://www.econbiz.de/10012227675
I present a stylized suspected-infected-recovered (SIR) model of COVID-19, with symptomatic versus asymptomatic patients, and social distancing intervention. The optimal suppress strategy has low-infection rates, enabling assumptions that support closed-form solutions. The model predicts high...
Persistent link: https://www.econbiz.de/10012832079
This paper investigates the role of testing and age-composition in the Covid-19 epidemic. We augment a standard SIR epidemiological model with individual choices regarding how much time to spend working and consuming outside the house, both of which increase the risk of transmission. Individuals...
Persistent link: https://www.econbiz.de/10012832194
This paper develops a new sufficient statistic approach for estimating the marginal internality from sin good consumption. It models a biased consumer who faces uncertain health harms and receives mandatory health insurance. I show that the marginal internality can be identified by observing how...
Persistent link: https://www.econbiz.de/10012799776
Reducing drink drive limits is generally regarded an effective strategy to save lives on the road. Using several new administrative data sources, we evaluate the effect of a stricter limit introduced in Scotland in 2014. This reduction had no effect on drink driving and road collisions....
Persistent link: https://www.econbiz.de/10012599246
Reducing drink drive limits is generally regarded an effective strategy to save lives on the road. Using several new administrative data sources, we evaluate the effect of a stricter limit introduced in Scotland in 2014. This reduction had no effect on drink driving and road collisions....
Persistent link: https://www.econbiz.de/10013221174
This paper develops a new sufficient statistic approach for estimating the marginal internality from sin good consumption. It models a biased consumer who faces uncertain health harms and receives mandatory health insurance. I show that the marginal internality can be identified by observing how...
Persistent link: https://www.econbiz.de/10013310770
We model the evolution of the number of individuals that are reported to be sick with COVID-19 in Germany. Our theoretical framework builds on a continuous time Markov chain with four states: healthy without infection, sick, healthy after recovery or after infection but without symptoms and...
Persistent link: https://www.econbiz.de/10012207948
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/10012208007