| Property | Value |
|---|
|
?:abstract
|
-
From the Abstract: Epidemiology models used in macroeconomics generally assume that people know their current health status In this paper, we consider a more realistic environment in which people are uncertain about their health status We use our model to study the impact of testing with and without quarantining infected people We find that testing without quarantines can worsen the economic and health repercussions of an epidemic In contrast, a policy that uses tests to quarantine infected people has very large social benefits Critically, this policy ameliorates the sharp tradeoff between declines in economic activity and health outcomes that is associated with broad-based containment policies like lockdowns This amelioration is particularly dramatic when people who recover from an infection acquire only temporary immunity to the virus COVID-19 (Disease);Macroeconomics;Health--Testing;Quarantine
|
|
is
?:annotates
of
|
|
|
?:creator
|
|
|
?:license
|
|
|
?:publication_isRelatedTo_Disease
|
|
|
?:source
|
|
|
?:title
|
-
Macroeconomics of Testing and Quarantining
|
|
?:type
|
|
|
?:who_covidence_id
|
|
|
?:year
|
|
![[This page as RDF]](https://research.tib.eu/covid-19/static/rdf-icon.gif){kind=icon}