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来源类型Working Paper
规范类型报告
DOI10.3386/w27104
来源IDWorking Paper 27104
The Macroeconomics of Testing and Quarantining
Martin S. Eichenbaum; Sergio Rebelo; Mathias Trabandt
发表日期2020-05-11
出版年2020
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 ; Macroeconomic Models ; Public Economics ; Health, Education, and Welfare ; Health ; COVID-19
URLhttps://www.nber.org/papers/w27104
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584777
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GB/T 7714
Martin S. Eichenbaum,Sergio Rebelo,Mathias Trabandt. The Macroeconomics of Testing and Quarantining. 2020.
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