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We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK inflation in the 1970s. We confront the identification problem involved by setting up the FTPL as a structural model for the episode and pitting it against an alternative Orthodox model; the models have a reduced...
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disease and the availability of tests to detect asymptomatic spreaders is limited. Contact tracing is a testing strategy that … lockdown corrects this externality, allowing policymakers to buy time to expand the testing scale so as to preserve the testing … system. If the testing capacity is sufficiently large, contact tracing alone can halt the spread of the virus because it …
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of COVID-19 infections is revealed. A significant positive correlation between infections and testing is shown by the …
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hygiene, use of masks in indoor public spaces, as well as contact tracing. Also, population-scale testing could play an …
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This paper investigates the role of testing and age-composition in the Covid-19 epidemic. We augment a standard SIR … cold. Testing reduces the time of uncertainty. Individuals are heterogeneous with respect to age. Younger people are less … policy responses in terms of testing, confinements, and selective mixing by age group. …
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testing strategy aiming at reconstructing the infection chain of newly symptomatic agents. A coordination failure arises as … to buy time to expand the testing scale and to preserve the tracing system. We provide theoretical underpinnings to the …
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