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040 |aCaOODSP|beng|erda|cCaOODSP
0861 |aFB3-5/2020-50E-PDF
1001 |aDiez de los Rios, Antonio, |eauthor.
24512|aA macroeconomic model of an epidemic with silent transmission and endogenous self-isolation / |cby Antonio Diez de los Rios.
264 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2020.
264 4|c©2020
300 |a1 online resource (ii, 40 pages, 14 unnumbered pages) : |bcolour illustrations.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = |aDocument de travail du personnel, |x1701-9397 ; |v2020-50
500 |a"Last updated: November 26, 2020."
504 |aIncludes bibliographical references (pages 33-36).
5203 |a"We study the interaction between epidemics and economic decisions in a model where (1) agents allocate their time to market and home production and social and home leisure, (2) these activities differ in their degree of contagiousness, (3) some infected individuals are indistinguishable from susceptible individuals, and (4) agents are not necessarily rational. For baseline parameter values for the COVID-19 pandemic, we find that agents partially self-isolate by allocating more time to home activities and that the effective reproduction number of the disease stabilises at one. Detection and isolation of infected individuals severely mitigate the recession caused by the pandemic"--Abstract, page ii.
650 0|aCOVID-19 (Disease)|xEconometric models.
650 0|aCOVID-19 Pandemic, 2020-|xEconometric models.
650 0|aRecessions|xEconometric models.
650 6|aCOVID-19|xModèles économétriques.
650 6|aPandémie de COVID-19, 2020-|xModèles économétriques.
650 6|aRécessions|xModèles économétriques.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2020-50.|w(CaOODSP)9.806221
85640|qPDF|s898 KB|uhttps://publications.gc.ca/collections/collection_2020/banque-bank-canada/FB3-5-2020-50-eng.pdf