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The Macroeconomics of Epidemics

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NBER2020-03-01 更新2025-01-04 收录
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We extend the canonical epidemiology model to study the interaction between economic decisions and epidemics. Our model implies that people cut back on consumption and work to reduce the chances of being infected. These decisions reduce the severity of the epidemic but exacerbate the size of the

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2020-03-01
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