Two Approaches to Predicting the Path of the COVID-19 Pandemic: Is One Better?

Ben Craig, Thomas Phelan, Jan-Peter Siedlarek and Jared Steinberg

Economic Commentary, 2021, vol. 2021, issue 10, 8

Abstract: We compare two types of models used to predict the spread of the coronavirus, both of which have been used by government officials and agencies. We describe the nature of the difference between the two approaches and their advantages and limitations. We compare examples of each type of model—the University of Washington IHME or “Murray” model, which follows a curve-fitting approach, and the Ohio State University model, which follows a structural approach.

Keywords: COVID-19 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.26509/frbc-ec-202110

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