Optimal lockdown in a commuting network
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- dc.contributor.author Fajgelbaum, Pablo D.
- dc.contributor.author Khandelwal, Amit
- dc.contributor.author Kim, Wookun
- dc.contributor.author Mantovani, Cristiano
- dc.contributor.author Schaal, Edouard
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2024-11-14T10:09:38Z
- dc.date.available 2024-11-14T10:09:38Z
- dc.date.issued 2020-06-01
- dc.date.modified 2024-11-14T10:04:03Z
- dc.description.abstract We study optimal dynamic lockdowns against Covid-19 within a commuting network. Our framework combines canonical spatial epidemiology and trade models, and is applied to cities with varying initial viral spread: Seoul, Daegu and NYC-Metro. Spatial lockdowns achieve substantially smaller income losses than uniform lockdowns, and are not easily approximated by simple centrality-based rules. In 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 responses were too weak in central locations in Daegu and NYM, and too strong across Seoul.
- dc.format.mimetype application/pdf*
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1727
- dc.identifier.citation
- dc.identifier.uri http://hdl.handle.net/10230/68566
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1727
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword
- dc.subject.keyword Macroeconomics and International Economics
- dc.title Optimal lockdown in a commuting network
- dc.title.alternative
- dc.type info:eu-repo/semantics/workingPaper