Optimal Lockdown in a Commuting Network
Pablo Fajgelbaum,
Amit Khandelwal,
Wookun Kim,
Cristiano Mantovani and
Edouard Schaal
Additional contact information
Pablo Fajgelbaum: Princeton University
Wookun Kim: Southern Methodist University
Cristiano Mantovani: Universitat Pompeu Fabra
Working Papers from Princeton University. Economics Department.
Abstract:
We study optimal dynamic lockdowns against Covid-19 within a commuting network. Our framework integrates canonical spatial epidemiology and trade models, and is applied to cities with varying initial viral spread: Seoul, Daegu and NYC-Metro. Spatial lockdowns achieve substantially smaller income losses than uniform lockdowns. In NYM and Daegu—with large initial shocks—the optimal lockdown restricts inflows to central districts before gradual relaxation, while in Seoul it imposes low temporal but large spatial variation. Actual commuting reductions were too weak in central locations in Daegu and NYM, and too strong across Seoul.
Keywords: COVID-19; pandemics; South Korea; United States; commuting; lockdown (search for similar items in EconPapers)
JEL-codes: C6 R38 R4 (search for similar items in EconPapers)
Date: 2020-11
New Economics Papers: this item is included in nep-ban, nep-net and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)
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https://www.nber.org/system/files/working_papers/w27441/w27441.pdf
Related works:
Journal Article: Optimal Lockdown in a Commuting Network (2021) 
Working Paper: Optimal Lockdown in a Commuting Network (2020) 
Working Paper: Optimal Lockdown in a Commuting Network (2020) 
Working Paper: Optimal Lockdown in a Commuting Network (2020) 
Working Paper: Optimal Lockdown in a Commuting Network (2020) 
Working Paper: Optimal Lockdown in a Commuting Network (2020) 
Working Paper: Optimal lockdown in a commuting network (2020) 
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Persistent link: https://EconPapers.repec.org/RePEc:pri:econom:2020-36
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