Economic epidemiological modelling: A progress report

Raouf Boucekkine (), Shankha Chakraborty, Aditya Goenka and Lin Liu

Journal of Mathematical Economics, 2024, vol. 113, issue C

Abstract: Prior to the Covid-19 crisis, the integration of epidemiology and economics that is, economic epidemiology modelling (epi-econ), was relatively limited. The emergence of the Covid-19 crisis has prompted an unprecedented surge in this literature. This paper identifies and develops the main conceptual and modelling challenges involved in the expanding epi-econ stream, with a particular attention to the mathematical issues due, in particular, to the non-convex nature of epi-econ models. Recent extensions are also examined and a few future areas of research highlighted.

Keywords: Economic epidemiology; Covid-19; Pandemics; Infectious diseases; NPI; Optimal control; Individual behaviour (search for similar items in EconPapers)
Date: 2024
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Working Paper: Economic epidemiological modelling: A progress report (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:113:y:2024:i:c:s0304406824000703

DOI: 10.1016/j.jmateco.2024.103011

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