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Macroeconomic Dynamics and Reallocation in an Epidemic: Evaluating the “Swedish Solution”

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NBER2020-04-01 更新2025-01-04 收录
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In this paper, we argue that endogenous shifts in private consumption behavior across sectors of the economy can act as a potent mitigation mechanism during an epidemic or when the economy is re-opened after a temporary lockdown. We introduce a SIR epidemiological model into a neoclassical

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2020-04-01
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