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pandemic's toll on the economy and mortality. A timely, limited lockdown solves the coordination failure allowing policymakers … testing strategy aiming at reconstructing the infection chain of newly symptomatic agents. A coordination failure arises as … to buy time to expand the testing scale and to preserve the tracing system. We provide theoretical underpinnings to the …
Persistent link: https://www.econbiz.de/10012315476
lockdown corrects this externality, allowing policymakers to buy time to expand the testing scale so as to preserve the testing … disease and the availability of tests to detect asymptomatic spreaders is limited. Contact tracing is a testing strategy that … system. If the testing capacity is sufficiently large, contact tracing alone can halt the spread of the virus because it …
Persistent link: https://www.econbiz.de/10012628001
We present a Simple SIR Macro Model to study the economic impact of an epidemic in a model were agent types are … planner cannot differentiate between agent types). We find that decentralized economy produces an endogenous lockdown in which … economic activity decreases. We find that the decentralized economy will begin its lockdown sooner than what the optimal policy …
Persistent link: https://www.econbiz.de/10012254257
Persistent link: https://www.econbiz.de/10013263336
. Calibrating the model to the US Covid-19 pandemic reveals an 80% reduction in death toll due to voluntary actions and the lockdown … underscore the importance of testing, showing its impact on reduced deaths, lower economic costs and laxer lockdown. We use the …This paper investigates the importance of the age composition for pandemic policy design. To do so, it introduces an …
Persistent link: https://www.econbiz.de/10014540526
Persistent link: https://www.econbiz.de/10014545079
. Calibrating the model to the US Covid-19 pandemic reveals an 80% reduction in death toll due to voluntary actions and the lockdown … testing, showing its impact on reduced deaths, lower economic costs and laxer lockdown. We use the framework to provide …This paper investigates the importance of the age composition for pandemic policy design. To do so, it introduces an …
Persistent link: https://www.econbiz.de/10014458798
pandemic's toll on the economy and mortality. A timely, limited lockdown solves the coordination failure allowing policymakers … testing strategy aiming at reconstructing the infection chain of newly symptomatic agents. A coordination failure arises as … to buy time to expand the testing scale and to preserve the tracing system. We provide theoretical underpinnings to the …
Persistent link: https://www.econbiz.de/10012653029
Persistent link: https://www.econbiz.de/10012286338
Persistent link: https://www.econbiz.de/10014552680