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A Note on Long-Run Persistence of Public Health Outcomes in Pandemics

Lin, Zhixian - 2020

Covid-19 is the single largest threat to global public health since the Spanish Influenza pandemic of 1918-20. Was the world better prepared in 2020 than it was in 1918? After a century of public health and basic science research, pandemic response and mortality outcomes should be better than in...

Persistent link: https://www.econbiz.de/10012834466

Estimating the Fraction of Unreported Infections in Epidemics with a Known Epicenter : An Application to Covid-19

Hortaçsu, Ali - 2020

We develop an analytically tractable method to estimate the fraction of unreported infections in epidemics with a known epicenter and estimate the number of unreported COVID-19 infections in the US during the first half of March 2020. Our method utilizes the covariation in initial reported...

Persistent link: https://www.econbiz.de/10012835558

Optimal Control of an Epidemic through Social Distancing

Kruse, Thomas - 2020

We analyze how to optimally engage in social distancing (SD) in order to minimize the spread of an infectious disease. We identify conditions under which the optimal policy is single-peaked, i.e., ﬁrst engages in increasingly more social distancing and subsequently decreases its intensity. We...

Persistent link: https://www.econbiz.de/10012836128

A Simple, Non-Recursive Model of the Spread of COVID-19 with Applications to Policy

von Thadden, Ernst-Ludwig - 2020

The paper presents early research on problems that make an application of the basic SIR-model of epidemiology difficult for short- and medium-run policy. The model essentially generalizes the simple SIR model in two respects. First, it generalizes the relation n_t = βY_t to account for the...

Persistent link: https://www.econbiz.de/10012836332

Economic Policy Incentives to Preserve Lives and Livelihoods

Chang, Roberto - 2020

The Covid-19 pandemic has motivated a myriad of studies and proposals on how economic policy should respond to this colossal shock. But in this debate it is seldom recognized that the health shock is not entirely exogenous. Its magnitude and dynamics themselves depend on economic policies, and...

Persistent link: https://www.econbiz.de/10012836417

Estimating the Fraction of Unreported Infections in Epidemics with a Known Epicenter : An Application to COVID-19

Hortaçsu, Ali - 2020

Persistent link: https://www.econbiz.de/10012837154

Firm-Level Exposure to Epidemic Diseases : Covid-19, Sars, and H1n1

Hassan, Tarek Alexander - 2020

epidemic diseases raised in their quarterly earnings conference calls. We construct text-based measures of the costs, benefits …, and risks listed firms in the US and over 80 other countries associate with the spread of Covid-19 and other epidemic … diseases. We identify which firms and sectors expect to lose/gain from a given epidemic and which are most affected by the …

Persistent link: https://www.econbiz.de/10012837193

The Unprecedented Stock Market Impact of Covid-19

Baker, Scott R. - 2020

No previous infectious disease outbreak, including the Spanish Flu, has impacted the stock market as forcefully as the COVID-19 pandemic. In fact, previous pandemics left only mild traces on the U.S. stock market. We use text-based methods to develop these points with respect to large daily...

Persistent link: https://www.econbiz.de/10012837802

Combating the COVID-19 Pandemic : The Role of the SARS Imprint

Ru, Hong - 2020

We provide evidence of delayed attention and inaction in response to COVID-19 in countries that did not experience SARS in 2003. Using cross-country data, we find that individuals in countries that had SARS infections in 2003 search more intensively for COVID-19-related information on Google in...

Persistent link: https://www.econbiz.de/10012837816

Pandemics Depress the Economy, Public Health Interventions Do Not : Evidence from the 1918 Flu

Correia, Sergio - 2020

Do non-pharmaceutical interventions (NPIs) aimed at reducing mortality during a pandemic necessarily have adverse economic effects? We use variation in the timing and intensity of NPIs across U.S. cities during the 1918 Flu Pandemic to examine their economic impact. While the pandemic itself was...

Persistent link: https://www.econbiz.de/10012838666