Behavior and the Transmission of COVID-19-Reference-Cited by-同舟云学术

Behavior and the Transmission of COVID-19

Published:2021-05-01 Issue: Volume:111 Page:356-360
ISSN:2574-0768
Container-title:AEA Papers and Proceedings
language:en
Short-container-title:AEA Papers and Proceedings

Author:

Atkeson Andrew G.¹,Kopecky Karen²,Zha Tao³

Affiliation:

1. Department of Economics, University of California, Los Angeles, NBER, and Federal Reserve Bank of Minneapolis (email: )

2. Federal Reserve Bank of Atlanta and Emory University (email: )

3. Federal Reserve Bank of Atlanta, Emory University, and NBER (email: )

Abstract

A simple model of COVID-19 that incorporates feedback from disease prevalence to disease transmission through an endogenous response of human behavior does a remarkable job fitting the main features of the data on the growth rates of daily deaths observed across a large number of countries and states in the United States in 2020. This finding, however, suggests a new empirical puzzle: very large wedges that shift disease transmission rates holding disease prevalence fixed are required both across regions and within a region over time for the model to match the data on deaths from COVID-19 as an equilibrium outcome exactly.

Publisher

American Economic Association

Link

https://pubs.aeaweb.org/doi/pdf/10.1257/pandp.20211064

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