This working paper was written by Hongyi Chen (Hong Kong Institute for Monetary and Financial Research) and Peter Tillmann (University of Giessen).Lockdowns imposed to fight the Covid-19 pandemic have cross-border effects. In this paper, we estimate the empirical magnitude of lockdown spillovers...

This working paper was written by Hongyi Chen (Hong Kong Institute for Monetary and Financial Research) and Peter Tillmann (University of Giessen).Lockdowns imposed to fight the Covid-19 pandemic have cross-border effects. In this paper, we estimate the empirical magnitude of lockdown spillovers...

We study contact tracing in a new macro-epidemiological model in which infected agents may not show any symptoms of the disease and the availability of tests to detect these asymptomatic spreaders of the virus is limited. Contact tracing is a testing strategy aiming at reconstructing the...

Avian flu has been the focus of significant attention since 2004, when there were reports of human infections in Asia from the avian flu H5N1 strain. To prevent the catastrophic mortality of mankind, several governments are stockpiling antivirals and pharmaceutical firms are increasing their...

What are the long-run economic impacts of the policy responses to control pandemics? We investigate this question by exploiting state-level data spanning one of the most consequential global pandemics in centuries, the 1918 influenza pandemic. Specifically, we use a difference-in-differences...

We devise a theoretical model for the optimal dynamical control of an infectious disease whose diffusion is described by the SVIR compartmental model. The control is realized through implementing social rules to reduce the disease’s spread, which often implies substantial economic and social...

How do pandemics affect for-profit and not-for-profit organizations differently? To address this question, we analyze optimal lockdowns in a two-sector continuous-time individual-based mean-field epidemiological model. We uncover a unique solution that depends on network structure, lockdown...

We study whether the onset of the COVID-19 crisis affected the program choices of high school applicants in Sweden. Our analysis exploits the fact that the admission process consists of two stages: a preliminary round in which applicants initially rank programs in order of preference and a final...

During the Covid-19 pandemic, several countries have resorted to self-adaptive mechanisms that allow non-pharmaceutical interventions to be tailored to local epidemiological and health care indicators. These mechanisms reinforce the interdependence between containment measures and the evolution...

The world is suffering from a small species of diameter 65-125 nm and length of about 26-32kbs. A virus which was initially named as SARS-CoV-2 belongs to beta corona virus group. Later on it is named as novel corona virus (2019-nCov) or COVID-19. The world health organization declared it as a...