| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14670 |
| DP14670 Internal and External Effects of Social Distancing in a Pandemic | |
| Gregor Jarosch; maryam farboodi; Robert Shimer | |
| 发表日期 | 2020-04-28 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We use a conventional dynamic economic model to integrate individual optimization, equilibrium interactions, and policy analysis into the canonical epidemiological model. Our tractable framework allows us to represent both equilibrium and optimal allocations as a set of differential equations that can jointly be solved with the epidemiological model in a unified fashion. Quantitatively, the laissez-faire equilibrium accounts for the decline in social activity we measure in US micro-data from SafeGraph. Relative to that, we highlight three key features of the optimal policy: it imposes immediate, discontinuous social distancing; it keeps social distancing in place for a long time or until treatment is found; and it is never extremely restrictive, keeping the effective reproduction number mildly above the share of the population susceptible to the disease. |
| 主题 | Macroeconomics and Growth |
| 关键词 | Optimal social distancing Equilibrium social distancing Covid-19 |
| URL | https://cepr.org/publications/dp14670 |
| 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/543585 |
| 推荐引用方式 GB/T 7714 | Gregor Jarosch,maryam farboodi,Robert Shimer. DP14670 Internal and External Effects of Social Distancing in a Pandemic. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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