Impacts of COVID-19: Mitigation Efforts versus Herd Immunity

Karen Kopecky and Tao Zha

Policy Hub, 2020, vol. 2020, issue 3, 13

Abstract: The rapid spread of COVID-19 is having devastating effects on the global economy. Governments around the world have been forced to pursue lockdown policies in an attempt to stem the spread of this deadly disease and bend the death curve. With death curves beginning to bend, governments will soon need to determine when and how to relax lockdown measures. The crucial question is: what are the consequences of reopening the economy? In this article, we address this question by studying both the model and the data and discuss the challenges we face moving forward.

Keywords: COVID-19; social distancing; identification problem; death curve; lockdown; herd immunity; reopening the economy; testing (search for similar items in EconPapers)
JEL-codes: E6 H12 I1 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:fip:a00068:99131

DOI: 10.29338/ph2020-03

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