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significantly outperform optimal uniform policies and most of the gains can be realized by having stricter lockdown policies on the …. Intuitively, a strict and long lockdown for the most vulnerable group both reduces infections and enables less strict lockdowns …
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lockdown. Our results reveal how, relative to regions for which the lockdown arrived 10+ days after the pandemic's outbreak …
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may be understated if the impact of the coronavirus recession is neglected. …
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