We present a dynamic life-cycle model of women's labor supply, marriage, and fertility choices that explicitly incorporates mental and physical health. Correlated mental and physical health production functions are simultaneously estimated, including the endogenous decisions to seek...

Inaccurate beliefs about social norms can reduce useful social interactions and adversely affect an individual's ability to deal with negative shocks. We implement a randomized controlled trial with low-income workers in urban India who lack access to formal financial and healthcare support. We...

This paper combines a canonical epidemiology model of disease dynamics with government policy of lockdown and testing, and agents' decision to social distance in order to avoid getting infected. The model is calibrated with data on deaths and testing outcomes in the Unites States. It is shown...

We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...

The response to the covid pandemic has varied widely across countries and over time. In this paper, we analyze the determinants of covid restrictions both theoretically and empirically. Consistent with our model’s predictions, we find that the covid protocol is particularly sensitive to the...

Senegal is a developing country in West Africa whose current economic crisis is intimately linked to the COVID-19 pandemic. Necessary containment measures brought with them a significant economic cost, and de-confinement was designed to obtain a quick economic recovery. At the same time,...