G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14688
DP14688 The Macroeconomics of Testing and Quarantining
Martin Eichenbaum; Sérgio Rebelo; Mathias Trabandt
发表日期2020-04-30
出版年2020
语种英语
摘要Much of the economics literature on epidemics assumes that people know their current health state. Under this assumption, there is no role for testing. To study the general equilibrium effects of testing on economic outcomes, we develop a model of epidemics in which people who are not tested are uncertain about their health state. We find that, when combined with quarantines, testing dramatically reduces the economic costs of the epidemic. This reduction is particularly dramatic when people who recover from an infection acquire only temporary immunity to the virus.
主题Macroeconomics and Growth
关键词Epidemic Covid-19 Recessions Testing Containment Quarantine
URLhttps://cepr.org/publications/dp14688-3
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/543604
推荐引用方式
GB/T 7714
Martin Eichenbaum,Sérgio Rebelo,Mathias Trabandt. DP14688 The Macroeconomics of Testing and Quarantining. 2020.
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