Show simple item record

dc.contributor.authorMELOSI, Leonardo
dc.contributor.authorROTTNER, Matthias Christian
dc.date.accessioned2021-05-31T09:58:20Z
dc.date.available2021-05-31T09:58:20Z
dc.date.issued2020
dc.identifier.urihttps://hdl.handle.net/1814/71500
dc.description.abstractWe study contact tracing in a new macro-epidemiological model in which infected agents may not show any symptoms of the disease and the availability of tests to detect asymptomatic spreaders is limited. Contact tracing is a testing strategy that aims to reconstruct the infection chain of newly symptomatic agents. We show that contact tracing may be insufficient to stem the spread of infections because agents fail to internalize that their individual consumption and labor decisions increase the number of traceable contacts to be tested in the future. Complementing contact tracing with timely, moderate lockdowns corrects this coordination failure, allowing policymakers to buy time to expand the testing scale so as to preserve the testing system. We provide theoretical underpinnings to the risk of becoming infected in macro-epidemiological models. Our methodology to reconstruct infection chains is not affected by curse-of-dimensionality problems.en
dc.language.isoenen
dc.publisherCentre for Economic Policy Researchen
dc.relation.ispartofseriesCEPR Discussion Paperen
dc.relation.ispartofseries2020/DP15482en
dc.relation.isreplacedbyhttps://hdl.handle.net/1814/71501
dc.relation.urihttps://cepr.org/active/publications/discussion_papers/dp.php?dpno=15482en
dc.titlePandemic recessions and contact tracingen
dc.typeWorking Paperen


Files associated with this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record