Showing 1 - 10 of 3,717
The Black Death killed 40% of Europe's population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...
Persistent link: https://www.econbiz.de/10011977143
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 of proxies for these four concepts, we calculate the hazard (the … zoonotic source of a possible epidemic), the principal components of exposure and vulnerability to it, and of the economy …
Persistent link: https://www.econbiz.de/10012156716
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
contacts drastically in the beginning, to almost eradicate the epidemic, and keeps them at around a third of pre … epidemic in the laissez faire, though at a prevalence of infections much higher than optimal. Impure altruistic behaviour …
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
We model the optimal reaction of a public PAYG pension system to demographic shocks. We compare the ex-ante first best and second best solution of a Ramsey planner with full commitment to the outcome under simple third best rules that mimic the pension systems observed in the real world. The...
Persistent link: https://www.econbiz.de/10003771791
We develop a simple model of fiscal competition among ageing municipalities. When ageing advances, gerontocracies and social planners gradually substitute publicly provided goods aimed at the mobile young population for publicly provided goods for the elderly. This substitution process does not...
Persistent link: https://www.econbiz.de/10003790977
Persistent link: https://www.econbiz.de/10003497519
Persistent link: https://www.econbiz.de/10003497529
The paper develops an overlapping generations model with probabilistic aging of households. We define age as a set of personal attributes such as earnings potential, health and tastes that are characteristic of a person's position in the life-cycle. In assuming a limited number of different...
Persistent link: https://www.econbiz.de/10003301179