This paper presents a simple price-theory approach to Covid-19 lockdown and reopening policy. The key idea is to … formulation provides economics language for a policy middle ground between society-wide lockdown and ignore-the-virus, and a new …

We study the optimal lockdown policy for a planner who wants to control the fatalities of a pandemic while minimizing … the output costs of the lockdown. We use the SIR epidemiology model and a linear economy to formalize the planner … parametrize the model using data on the COVID19 pandemic and the economic breadth of the lockdown. The quantitative analysis …

This paper presents a simple price-theory approach to Covid-19 lockdown and reopening policy. The key idea is to … formulation provides economics language for a policy middle ground between society-wide lockdown and ignore-the-virus, and a new …