About: The Common Interests of Health Protection and theEconomy: Evidence from Scenario Calculations ofCOVID-19 Containment Policies

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An Entity of Type : schema:ScholarlyArticle, within Data Space : covidontheweb.inria.fr associated with source document(s)

Attributes	Values
type	Academic Article research paper schema:ScholarlyArticle
isDefinedBy	Covid-on-the-Web dataset
has title	The Common Interests of Health Protection and theEconomy: Evidence from Scenario Calculations ofCOVID-19 Containment Policies
Creator	Germany, Fuest, Clemens Binder, Sebastian Lange, Berit Meyer-Hermann, Michael Dorn, Florian Khailaie, Sahamoddin Lautenbacher, Stefan Munich, Cesifo Peichl, Andreas Stoeckli, Marc Vanella, Patrizio Wollmershäuser, Timo
Source	MedRxiv
abstract	Several countries use shutdown strategies to contain the spread of the COVID-19 epidemic, at the expense of massive economic costs. While this suggests a conflict between health protection and economic objectives, we examine whether the economically optimal exit strategy can be reconciled with the containment of the epidemic. We use a novel combination of epidemiological and economic simulations for scenario calculations based on empirical evidence from Germany. Our findings suggest that a prudent opening is economically optimal, whereas costs are higher for a more extensive opening process. This rejects the view that there is a conflict with health protection. Instead, it is in the common interest of public health and the economy to relax non-pharmaceutical interventions in a manner that keeps the epidemic under control.
has issue date	2020-08-16(xsd:dateTime)
bibo:doi	10.1101/2020.08.14.20175224
has license	medrxiv
sha1sum (hex)	622a750a9e7b232038d692bd1062ac5cde0b112c
schema:url	https://doi.org/10.1101/2020.08.14.20175224
resource representing a document's title	The Common Interests of Health Protection and theEconomy: Evidence from Scenario Calculations ofCOVID-19 Containment Policies
resource representing a document's body	covid:622a750a9e7b232038d692bd1062ac5cde0b112c#body_text
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