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| Format: | Artículo científico |
| Language: | en |
| Published: |
Universidad Nacional Autónoma de México
2021
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| Online Access: | https://www.redalyc.org/articulo.oa?id=60171824004 https://www.redalyc.org/journal/601/60171824004/ https://www.redalyc.org/journal/601/60171824004/html/ https://www.redalyc.org/journal/601/60171824004/60171824004.epub https://www.redalyc.org/journal/601/60171824004/movil |
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Table of Contents:
- What if Merkel had acted like Johnson against COVID-19? Patrick Mellacher Economía y Finanzas non C63 E17 H12 I18 The first wave of COVID-19 infections had a heterogeneous impact on European countries with respect to public health and economic outcomes. Germany and the United Kingdom (UK) stand out in particular, as the UK fared much worse in both dimensions. I study whether these differences can be attributed to a “smarter” German containment policy using the COVID-Town economic-epidemiological agent-based model. After calibrating the model to a German baseline scenario, I show that a British containment policy scenario can accurately predict the UK number of deaths per capita. Furthermore, the UK scenario is associated with higher economic and social costs. The differences can largely be attributed to COVID-19 testing capacities and policy timing. While timing is associated with the known trade-off between public health and economic/social outcomes, increased testing can reduce deaths and increase Gross Domestic Product (GDP) simultaneously. 2021 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60171824004 https://www.redalyc.org/journal/601/60171824004/ https://www.redalyc.org/journal/601/60171824004/html/ https://www.redalyc.org/journal/601/60171824004/60171824004.epub https://www.redalyc.org/journal/601/60171824004/movil 10.22201/fe.01851667p.2021.317.79301 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.317 Vol.LXXX