Optimal lockdown in a commuting network
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- dc.contributor.author Fajgelbaum, Pablo
- dc.contributor.author Khandelwal, Amit
- dc.contributor.author Kim, Wookun
- dc.contributor.author Mantovani, Cristiano
- dc.contributor.author Schaal, Edouard
- dc.date.accessioned 2022-01-14T07:52:10Z
- dc.date.available 2022-01-14T07:52:10Z
- dc.date.issued 2021
- dc.description Supplementary materials files: online appendix; replication data
- dc.description.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 the New York City metropolitan area (NYM). Spatial lockdowns achieve substantially smaller income losses than uniform lockdowns. In the 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 the NYM and too strong across Seoul.
- dc.description.sponsorship Schaal acknowledges financial support from the Spanish Ministry of Economy and Competitiveness, through the Severo Ochoa Programme for Centres of Excellence in R&D (SEV-2015-0563) and the European Research Council Starting Grant 804095.
- dc.format.mimetype application/pdf
- dc.identifier.citation Fajgelbaum PD, Khandelwal A, Kim W, Mantovani C, Schaal E. Optimal lockdown in a commuting network. American Economic Review: Insights. 2021 Dec;3(4):503-22. DOI: 10.1257/aeri.20200401
- dc.identifier.doi http://dx.doi.org/10.1109/5.771073)
- dc.identifier.issn 0002-8282
- dc.identifier.uri http://hdl.handle.net/10230/52219
- dc.language.iso eng
- dc.publisher American Economic Association
- dc.relation.ispartof American Economic Review: Insights. 2021 Dec;3(4):503-22
- dc.relation.isreferencedby https://www.openicpsr.org/openicpsr/project/127341/version/V1/view
- dc.relation.projectID info:eu-repo/grantAgreement/EC/H2020/804095
- dc.relation.projectID info:eu-repo/grantAgreement/ES/1PE/SEV-2015-0563
- dc.rights © American Economic Association. Can be found at https://www.aeaweb.org/articles?id=10.1257/aeri.20200401
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.subject.other Comunicacions
- dc.subject.other Pandèmia de COVID-19, 2020-
- dc.subject.other Transport
- dc.subject.other Carreteres
- dc.subject.other Equilibri (Economia)
- dc.title Optimal lockdown in a commuting network
- dc.type info:eu-repo/semantics/article
- dc.type.version info:eu-repo/semantics/acceptedVersion