Cost–benefit analysis of age‐specific deconfinement strategies

• Published in: Journal of public economic theory Vol. 22; no. 6; pp. 1746 - 1771
• Main Author: Gollier, Christian
• Format: Journal Article
• Language: English
• Published: Oxford Blackwell Publishing Ltd 01.12.2020; Wiley
• Subjects: Economic theory; Economics and Finance; GDP; Gross Domestic Product; Herd immunity; Humanities and Social Sciences; Pandemics

I calibrate a Multiple‐Risk Susceptible–Infected–Recovered model on the covid pandemic to analyze the impact of the age‐specific confinement and polymerase chain reaction (PCR) testing policies on incomes and mortality. Two polar strategies emerge as potentially optimal. The suppression policy would...