COVID-19 and the Welfare Effects of Reducing Contagion
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I use a simple SIR model, augmented to include deaths, to elucidate how pandemic progression is affected by the control of contagion, and examine the key trade-offs that underlie policy design. I illustrate how the cost of reducing the "reproduction number" R0 depends on how it changes the infection
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美国国家经济研究局创建时间：
2020-05-01
