Tommy Andersson
Professor
A Simple Model of the Production-health Trade-off During an Epidemic
Författare
Summary, in English
The purpose of this paper is to simplify the standard framework integrating epidemiological and economic concerns. We present a model where a social planner can influence the spread-intensity of an infection wave through a single parameter. The spread-intensity affects both economic activity and population health. We study the planner's optimal trade-off between upholding economic activity and preserving population health and show analytically that the solution has a natural interpretation with intuitive comparative statics
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2022
Språk
Engelska
Sidor
224-231
Publikation/Tidskrift/Serie
Economics Bulletin
Volym
42
Issue
1
Dokumenttyp
Artikel i tidskrift
Förlag
Economics Bulletin
Ämne
- Economics
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1545-2921