Labor markets during pandemics

Marek Kapička and Peter Rupert

Journal of Economic Theory, 2022, vol. 204, issue C

Abstract: The COVID-19 pandemic has killed millions across the globe and government responses have led to tens of millions of jobs lost. This paper combines the SIR epidemic model with a frictional labor market to examine the interaction between infection, wages and unemployment.

Keywords: Mortensen-Pissarides; SIR; Labor market; COVID-19 (search for similar items in EconPapers)
JEL-codes: E1 H2 J5 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:204:y:2022:i:c:s0022053122001107

DOI: 10.1016/j.jet.2022.105520

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