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A Simple Model of t...
A Simple Model of the Production-health Trade-off During an Epidemic
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- Andersson, Tommy (author)
- Lund University,Lunds universitet,Nationalekonomiska institutionen,Ekonomihögskolan,Department of Economics,Lund University School of Economics and Management, LUSEM,Lund Univ, Lund, Sweden.
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- Erlanson, Albin (author)
- University of Essex,University of Essex (GB),Univ Essex, Colchester, Essex, England.
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- Östling, Robert (author)
- Handelshögskolan i Stockholm,Stockholm School of Economics,Stockholm Sch Econ, Stockholm, Sweden.
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- Spiro, Daniel (author)
- Uppsala universitet,Uppsala University,Uppsala University (SE),Nationalekonomiska institutionen
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(creator_code:org_t)
- Economics Bulletin, 2022
- 2022
- English 8 s.
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In: Economics Bulletin. - : Economics Bulletin. - 1545-2921. ; 42:1, s. 224-231
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Abstract
Subject headings
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- 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
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Publication and Content Type
- art (subject category)
- ref (subject category)
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