Abstract
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
| Original language | English |
|---|---|
| Pages (from-to) | 224-231 |
| Number of pages | 8 |
| Journal | Economics Bulletin |
| Volume | 42 |
| Issue number | 1 |
| Publication status | Published - 2022 |
Subject classification (UKÄ)
- Economics