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The COVID-19 pandemic has affected people, especially in developing countries. There are problems and shocks from its rapid proliferation and fears of further growth. The situation demands that Pakistan’s government deeply engage in planning, consultations, and fixing constitutional breaches...
Persistent link: https://www.econbiz.de/10014356994
This paper provides novel evidence for the determinants of preferences for public health and the willingness to pay for health services using a survey experiment implemented during the third week of the lock-down in Spain. At the time of our experiment the confirmed COVID-19 cases reached the...
Persistent link: https://www.econbiz.de/10012836665
The COVID-19 pandemic has forced countries to make difficult ethical choices, e.g., how to balance public health and socioeconomic activity and whom to prioritize in allocating vaccines or other scarce medical resources. We discuss the implications of benefit-cost analysis, utilitarianism, and...
Persistent link: https://www.econbiz.de/10012486386
Facing unprecedented uncertainty and drastic trade-offs between public health and other forms of human well-being, policy makers during the Covid-19 pandemic have sought the guidance of epidemiologists and economists. Unfortunately, while both groups of scientists use many of the same basic...
Persistent link: https://www.econbiz.de/10012698097
Facing unprecedented uncertainty and drastic trade-offs between public health and other forms of human well-being, policymakers during the Covid-19 pandemic have sought the guidance of epidemiologists and economists. Unfortunately, while both groups of scientists use many of the same basic...
Persistent link: https://www.econbiz.de/10012666836
We examine how policymakers react to a pandemic with uncertainty regarding key epidemiological parameters by embedding a macroeconomic SIR model in a robust control framework. We find that optimal policy under uncertainty generates optimal mitigation responses that are asymmetric with respect to...
Persistent link: https://www.econbiz.de/10013231299
How does contagion risk affect the business cycle? We find that the presence of contagion risk significantly alters the transmission of standard macroeconomic shocks. Relative to the first-best equilibrium, the contagion externality significantly reduces the response of output to a technology...
Persistent link: https://www.econbiz.de/10013329375
Obesity is a rapidly growing public health issue. This paper investigates obesity's relationship to individuals' wealth by analyzing data from a large U.S. longitudinal socio-economic survey. The results show a large negative association between BMI and White female's net worth, a smaller...
Persistent link: https://www.econbiz.de/10014059055
Scholars of public health typically focus on societal equity for explaining public health outcomes. Indeed, the COVID-19 pandemic has led to a spate of studies showing a tight connection between inequitable access to health, welfare services, and adverse outcomes from the pandemic. Others have...
Persistent link: https://www.econbiz.de/10014095974
Infectious diseases are is currently the main cause of mortality in the world and have been even more important historically. This paper reviews recent research in economic epidemiology. Specifically, it discusses the occurrence of infectious diseases and the effects of public health...
Persistent link: https://www.econbiz.de/10014024172