G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14664
DP14664 Restarting the economy while saving lives under Covid-19
Andrea Ichino; Carlo A. Favero; Aldo Rustichini
发表日期2020-04-27
出版年2020
语种英语
摘要We provide, calibrate and test a realistic model of the spread of SARS-Cov-2 in an economy with different risks related to age and sectors. The model considers hospital congestion and response of individuals adjusting their behavior to the virus’ spread. We measure precisely the size of these effects using real data for Italy on intensive care capacity and mobility decisions; thus our claim is that the tradeoffs we estimate are quantitatively, rather than qualitatively, approximately correct. We characterize the policies of containment of the epidemic that are efficient with respect to number of fatalities and GDP loss. Prudent policies of gradual return to work may save many lives with limited economic costs, as long as they differentiate by age group and risk sector. More careful behavior of individuals induced by the perceived cost of infection may contribute to further reduce fatalities.
主题Labour Economics ; Public Economics
关键词Covid19 Seir model Post lockdown policies
URLhttps://cepr.org/publications/dp14664-2
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543580
推荐引用方式
GB/T 7714
Andrea Ichino,Carlo A. Favero,Aldo Rustichini. DP14664 Restarting the economy while saving lives under Covid-19. 2020.
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