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Intervention uncertainty, household health, and pandemic

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  • Sun, Rui
  • Zhao, Yikai

Abstract

This study builds a policy choice model wherein household health status responds to the lockdown during the COVID-19 pandemic. Considering an exogenous policy-decision date, the model implies that the government should maintain the current policy if the perceived effects on infection are below a certain threshold. Specifically, the threshold is determined by policy uncertainty and household concerns regarding health service provision, which further controls the announcement effects of the lockdown. Higher policy uncertainty and concerns regarding health services will diminish the positive impact of the lockdown on household health status.

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  • Sun, Rui & Zhao, Yikai, 2023. "Intervention uncertainty, household health, and pandemic," Journal of Mathematical Economics, Elsevier, vol. 105(C).
    • Handle: RePEc:eee:mateco:v:105:y:2023:i:c:s0304406823000125
    DOI: 10.1016/j.jmateco.2023.102819
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    Cited by:

    1. Raouf Boucekkine & Shankha Chakraborty & Aditya Goenka & Lin Liu, 2024. "A Brief Tour of Economic Epidemiology Modelling," LIDAM Discussion Papers IRES 2024002, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

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