The trade-off between economic and health outcomes of the COVID-19 epidemic. 20/07/2020
"Traditional epidemiology models generally don't allow for interactions between peoples' economic decisions and rates of infection, limiting their usefulness for forecasting and policy analysis. This column introduces a framework for combining economics and epidemiology in a way that allows for these interactions and uses the model to address the challenge of designing and implementing policies that improve the trade-off between economic and health outcomes during an epidemic. The results suggest that testing and quarantine policies should play a central role in minimising the social costs of the COVID-19 crisis. "
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.