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Walking the Tightrope: Avoiding a Lockdown While Containing the Virus

Author

Listed:
  • Balázs Egert

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

  • Yvan Guillemette
  • Fabrice Murtin

  • David Turner

Abstract

This paper finds that although containment policies can successfully reduce the spread of the virus, they can also have a substantial impact on reducing mobility and economic activity. It also shows that testing, combined with effective contact tracing, is crucial in reducing the spread of the virus, especially at relatively low levels of infection, and that mask-wearing and the protection of the elderly population in general and those in care homes in particular, might play an important role in combatting the virus while minimizing economic costs.

Suggested Citation

  • Balázs Egert & Yvan Guillemette & Fabrice Murtin & David Turner, 2021. "Walking the Tightrope: Avoiding a Lockdown While Containing the Virus," Post-Print hal-03783776, HAL.
    • Handle: RePEc:hal:journl:hal-03783776
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    Citations

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    Cited by:

    1. Cukierman, Alex, 2021. "Effectiveness of collective action against the pandemic: Is there a difference between democratic and authoritarian regimes?," CEPR Discussion Papers 15791, C.E.P.R. Discussion Papers.
    2. Gabriele Ciminelli & Sílvia Garcia‐Mandicó, 2022. "When and how do business shutdowns work? Evidence from Italy's first COVID‐19 wave," Health Economics, John Wiley & Sons, Ltd., vol. 31(9), pages 1823-1843, September.
    3. David McAdams & Troy Day, 2025. "The political economy of epidemic management," Review of Economic Design, Springer;Society for Economic Design, vol. 29(1), pages 115-148, February.
    4. Regina Pleninger & Sina Streicher & Jan-Egbert Sturm, 2022. "Do COVID-19 containment measures work? Evidence from Switzerland," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 158(1), pages 1-24, December.
    5. Joshua Aizenman & Alex Cukierman & Yothin Jinjarak & Weining Xin, 2023. "International Evidence on Vaccines and the Mortality to Infections Ratio in the Pre-Omicron Era," Economics of Disasters and Climate Change, Springer, vol. 7(3), pages 385-405, November.
    6. Steven J. Davis & Dingqian Liu & Xuguang Simon Sheng, 2022. "Stock Prices and Economic Activity in the Time of Coronavirus," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 70(1), pages 32-67, March.
    7. Woloszko, Nicolas, 2024. "Nowcasting with panels and alternative data: The OECD weekly tracker," International Journal of Forecasting, Elsevier, vol. 40(4), pages 1302-1335.
    8. Ana Suárez à lvarez & Ana Jesús López Menéndez, 2021. "Approaching The Impact Of Covid-19 From An Inequality Of Opportunity Perspective: An Analysis Of European Countries," Working Papers 595, ECINEQ, Society for the Study of Economic Inequality.
    9. Mikel Erkoreka & Josu Hernando‐Pérez, 2023. "Decentralization: A handicap in fighting the COVID‐19 pandemic? The response of the regional governments in Spain," Public Administration & Development, Blackwell Publishing, vol. 43(2), pages 129-140, May.

    More about this item

    Keywords

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    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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