Implications of Stochastic Transmission Rates for Managing Pandemic Risks
收藏NBER2020-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27218
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资源简介：
We develop a model of pandemic risk management and rm valuation. We introduce aggregate transmission shocks into an epidemic model and link valuations to infections via an asset-pricing framework with vaccines. Infections lower earnings growth but rms can mitigate damages. We estimate a large
提供机构：
美国国家经济研究局
创建时间：
2020-05-01
