The macroeconomics of epidemics /
We extend the canonical epidemiology model to study the interaction between economic decisions and epidemics. Our model implies that people ís decision to cut back on consumption and work reduces the severity of the epidemic, as measured by total deaths. These decisions exacerbate the size of the re...
Main Author: | Eichenbaum, Martin S., 1954- |
---|---|
Other Authors: | Rebelo, Sergio, Trabandt, Mathias |
Format: | eBook |
Language: | English |
Published: |
Cambridge, Mass. :
National Bureau of Economic Research,
2020
|
Series: | NBER working paper series ;
no. 26882 |
Subjects: | |
Online Access: | https://www.nber.org/papers/w26882.pdf |
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