| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15595 |
| DP15595 Integrated epi-econ assessment | |
| Timo Boppart; Karl Harmenberg; John Hassler; Per Krusell; Jonna Olsson | |
| 发表日期 | 2020-12-22 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We formulate an economic time use model and add to it an epidemiological SIR block. In the event of an epidemic, households shift their leisure time from activities with a high degree of social interaction to activities with less, and also choose to work more from home. Our model highlights the different actions taken by young individuals, who are less severely affected by the disease, and by old individuals, who are more vulnerable. We calibrate our model to time use data from ATUS, employment data, epidemiological data, and estimates of the value of a statistical life. There are qualitative as well as quantitative differences between the competitive equilibrium and social planner allocation and, moreover, these depend critically on when a cure arrives. Due to the role played by social activities in people's welfare, simple indicators such as deaths and GDP are insufficient for judging outcomes in our economy. |
| 主题 | Macroeconomics and Growth ; Monetary Economics and Fluctuations |
| URL | https://cepr.org/publications/dp15595 |
| 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/544604 |
| 推荐引用方式 GB/T 7714 | Timo Boppart,Karl Harmenberg,John Hassler,et al. DP15595 Integrated epi-econ assessment. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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