| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26882 |
| 来源ID | Working Paper 26882 |
| The Macroeconomics of Epidemics | |
| Martin S. Eichenbaum; Sergio Rebelo; Mathias Trabandt | |
| 发表日期 | 2020-03-23 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We extend the canonical epidemiology model to study the interaction between economic decisions and epidemics. Our model implies that people cut back on consumption and work to reduce the chances of being infected. These decisions reduce the severity of the epidemic but exacerbate the size of the associated recession. The competitive equilibrium is not socially optimal because infected people do not fully internalize the effect of their economic decisions on the spread of the virus. In our benchmark model, the best simple containment policy increases the severity of the recession but saves roughly half a million lives in the United States. |
| 主题 | Macroeconomics ; Macroeconomic Models ; Public Economics ; Health, Education, and Welfare ; Health ; COVID-19 |
| URL | https://www.nber.org/papers/w26882 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584555 |
| 推荐引用方式 GB/T 7714 | Martin S. Eichenbaum,Sergio Rebelo,Mathias Trabandt. The Macroeconomics of Epidemics. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26882.pdf（516KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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