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treatment and policy evaluation. In contrast to previous simulation studies which mostly considered semiparametric approaches …
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We develop an epidemic model to explain and predict the dynamics of the SARS-CoV-2 virus and to assess the economic costs of lockdown scenarios. The standard epidemic three-variable model, SIR (Susceptible, Infected and Removed) is extended into a five-variable model SCARE: Susceptible, Carrier,...
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simulation exercise suggests that basically all banks would have seen a decrease in their default risk during a crisis episode if …
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