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2022-02-21
出版年2022
语种英语
摘要We develop a SIR-based macroeconomic model to study the impact of testing/quarantining and social distancing/mask use on health and economic outcomes. These policies can dramatically reduce the costs of an epidemic. Absent testing/quarantining, the main effect of social distancing and mask use on health outcomes is to delay, rather than reduce, epidemic-related deaths. Social distancing and mask use reduce the severity of the epidemic-related recession but prolong its duration. There is an important synergy between social distancing and mask use and testing/quarantining. Social distancing and mask use buy time for testing and quarantining to come to the rescue. The benefits of testing/quarantining are even larger when people can get reinfected, either because the virus mutates or immunity is temporary.
主题Macroeconomics and Growth
关键词Epidemic Covid-19 Recessions Testing Containment Quarantine
URLhttps://cepr.org/publications/dp14688-6
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/546013
推荐引用方式
GB/T 7714
Martin Eichenbaum,Sérgio Rebelo,Mathias Trabandt. DP14688 The Macroeconomics of Testing and Quarantining. 2022.
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