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This paper analyses the extent to which additional extraordinary public spending to accelerate vaccination might have been optimal in terms of minimising the public deficit. We use a budget model whose key variable is the present value of cumulative net government revenues over a period of time....
Persistent link: https://www.econbiz.de/10013222737
This paper considers a static game in which a player makes a decision in the first moment of whether or not to be vaccinated against COVID-19 and then nature acts. In making the decision the player takes into consideration expected costs and benefits of being inoculated in terms of income. The...
Persistent link: https://www.econbiz.de/10013234805