Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15482 |
DP15482 Pandemic Recessions and Contact Tracing | |
Leonardo Melosi; Matthias Rottner | |
发表日期 | 2020-11-23 |
出版年 | 2020 |
语种 | 英语 |
摘要 | 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 infection chain of newly symptomatic agents. A coordination failure arises as agents fail to internalize that their individual consumption and labor decisions raise the number of traceable contacts to be tested, threatening the viability of the tracing system. The collapse of the tracing system considerably aggravates the pandemic's toll on the economy and mortality. A timely, limited lockdown solves the coordination failure allowing policymakers to buy time to expand the testing scale and to preserve the tracing system. We provide theoretical underpinnings to the risk of becoming infected in macro-epidemiological models. Our solution method is not affected by curse-of-dimensionality problems. |
主题 | Macroeconomics and Growth ; Monetary Economics and Fluctuations |
关键词 | Contact tracing Testing Covid-19 Infection chain Pandemic Lockdown Sir macro model Heterogeneous agent model |
URL | https://cepr.org/publications/dp15482 |
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/544477 |
推荐引用方式 GB/T 7714 | Leonardo Melosi,Matthias Rottner. DP15482 Pandemic Recessions and Contact Tracing. 2020. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。