| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27273 |
| 来源ID | Working Paper 27273 |
| How Should Policy Responses to the COVID-19 Pandemic Differ in the Developing World? | |
| Titan Alon; Minki Kim; David Lagakos; Mitchell VanVuren | |
| 发表日期 | 2020-06-01 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This paper quantitatively analyzes how policy responses to the COVID-19 pandemic should differ in developing countries. To do so we build an incomplete-markets macroeconomic model with heterogeneous agents and epidemiological dynamics that features several of the key distinctions between advanced and developing economies germane to the pandemic. We focus in particular on differences in: age structure, fiscal capacity, healthcare capacity, informality, and the frequency of contacts between individuals at home, work, school and other locations. The model predicts that blanket lockdowns are less effective in developing countries, saving fewer lives per unit of lost GDP. In contrast, age-specific policies are even more effective, since they focus scarce public funds on shielding the smaller population of older individuals. School closures are also more effective at saving lives in developing countries, providing a greater reduction in secondary transmissions between children and older adults at home. |
| 主题 | Macroeconomics ; Consumption and Investment ; Fiscal Policy ; Health, Education, and Welfare ; Health ; Education ; Development and Growth ; Development ; Growth and Productivity ; COVID-19 |
| URL | https://www.nber.org/papers/w27273 |
| 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/584944 |
| 推荐引用方式 GB/T 7714 | Titan Alon,Minki Kim,David Lagakos,et al. How Should Policy Responses to the COVID-19 Pandemic Differ in the Developing World?. 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 | ||
| w27273.pdf（650KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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