Replication Data for: A Simple Planning Problem for COVID-19 Lockdown, Testing and Tracing

Principal Investigator(s):  View help for Principal Investigator(s) Fernando Alvarez, University of Chicago, Economics Department; David Argente, Pennsylvania State University, Economic Department; Francesco Lippi, Einaudi Institute for Economics and Finance

Version:  View help for Version V1

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All_Figures.m text/x-matlab 1.4 KB 11/23/2020 02:49:PM
Figure1A.m text/x-objcsrc 8.5 KB 11/21/2020 04:17:AM
Figure1B.m text/x-objcsrc 8.4 KB 08/18/2020 07:40:AM
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README.pdf application/pdf 110.5 KB 11/20/2020 12:30:PM
README.tex application/x-tex 9.7 KB 11/20/2020 12:41:PM
Response_to_Referee_November2020.pdf application/pdf 67.2 KB 11/23/2020 02:58:PM

Project Citation: 

Alvarez, Fernando , Argente, David, and Lippi, Francesco. Replication Data for: A Simple Planning Problem for COVID-19 Lockdown, Testing and Tracing. Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-08-19. https://doi.org/10.3886/E120689V1

Project Description

Summary:  View help for Summary
We study the optimal lockdown for a planner who controls the fatalities of COVID- 19 while minimizing the output costs of the lockdown. The policy prescribes a severe lockdown beginning few weeks after the outbreak, covering almost 50% of the population after a month, with a total duration shy of four months. The intensity of the optimal lockdown depends on the gradient of the fatality rate with respect to the infected, and the availability of antibody testing, which yields a welfare gain of 2% of GDP. We also study test-tracing-quarantine, which we show to be complementary to lockdown.
Funding Sources:  View help for Funding Sources Becker Friedman Institute

Scope of Project

Subject Terms:  View help for Subject Terms COVID-19
JEL Classification:  View help for JEL Classification
      E60 Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General


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V1 [2021-08-19]

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