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Economic Activity and Public Health Policy: A Note

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  • Raül Santaeulàlia-Llopis

Abstract

Using a standard labor choice model I show how economic activity shapes and -at the same time-is shaped by an epidemic. Then, I use this framework to validate with a montecarlo analysis the stage-based identification strategy of policy effects recently proposed in Aleman et al. (2020a). I then describe their assessment of the effectiveness of the Spanish stay-home policy against Covid-19.

Suggested Citation

  • Raül Santaeulàlia-Llopis, 2021. "Economic Activity and Public Health Policy: A Note," Working Papers 1284, Barcelona School of Economics.
    • Handle: RePEc:bge:wpaper:1284
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    References listed on IDEAS

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    More about this item

    Keywords

    economic choice; public health; epidemiology; Policy evaluation; COVID-19;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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