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Optimal Targeted Lockdowns in a Multi-Group SIR Model

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Listed:
  • Daron Acemoglu
  • Iván Werning
  • Michael D. Whinston
  • Victor Chernozhukovz

Abstract

We study targeted lockdowns in a multi-group SIR model where infection, hospitalization and fatality rates vary between groups—in particular between the “young”,”the middle-aged” and the “old”. Our model enables a tractable quantitative analysis of optimal policy. For baseline parameter values for the COVID-19 pandemic applied to the US, we find that optimal policies differentially targeting […]

Suggested Citation

  • Daron Acemoglu & Iván Werning & Michael D. Whinston & Victor Chernozhukovz, 2020. "Optimal Targeted Lockdowns in a Multi-Group SIR Model," Working Papers 826, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:826
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    electricity; Energy Sector; Eskom; lockdown; South Africa;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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