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Epidemic Responses Under Uncertainty

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NBER2020-06-01 更新2025-01-04 收录
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We examine how policymakers react to a pandemic with uncertainty around key epidemiological and economic policy parameters by embedding a macroeconomic SIR model in a robust control framework. Uncertainty about disease virulence and severity leads to stricter and more persistent quarantines, while

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2020-06-01
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