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Contact restrictions and distancing measures are among the most effective non-pharmaceutical measures to stop the spread of the SARS-CoV2 virus. Yet, research has only begun to understand the wider social consequences of these interventions. This study investigates how individuals' social...
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This paper studies how shocks to the social network can have aggregate effects. First, using daily consumption data across counties over the COVID-19 pandemic and Facebook's Social Connectedness Index (SCI), we find that a 10% rise in SCI-weighted cases and deaths is associated with a 0.18% and...
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I construct a dynamic social-network based model of the COVID-19 epidemic which embeds the SIR epidemiological model … contacts. The resulting longer epidemic duration may imply larger overall economic costs, e.g., if accompanied by prolonged …-peaked infection rate, a form of 'curve flattening', but may have costlier economic consequences by prolonging the epidemic duration …
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Nursing homes and other long term-care facilities account for a disproportionate share of COVID-19 cases and fatalities worldwide. Outbreaks in U.S. nursing homes have persisted despite nationwide visitor restrictions beginning in mid-March. An early report issued by the Centers for Disease...
Persistent link: https://www.econbiz.de/10012826646
This study develops an economic model for a social planner who prioritizes health over short- term wealth accumulation during a pandemic. Agents are connected through a weighted undirected network of contacts, and the planner's objective is to determine the policy that contains the spread of...
Persistent link: https://www.econbiz.de/10012650156
Nursing homes and other long-term care facilities account for a disproportionate share of COVID-19 cases and fatalities worldwide. Outbreaks in U.S. nursing homes have persisted despite nationwide visitor restrictions beginning in mid-March. An early report issued by the Centers for Disease...
Persistent link: https://www.econbiz.de/10013222064