00000nam 2200000zi 4500 9.902884 CaOODSP 20250218145520 m o d f cr |n||||||||| 210826t20212021oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP n-cn-us FB3-5/2021-26E-PDF Giannone, Elisa, author. The geography of pandemic containment / by Elisa Giannone, Nuno Paixão and Xinle Pang. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2021. ©2021 1 online resource (1 volume (various pagings)) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2021-26 "Last updated: June 10, 2021." Includes bibliographical references (pages 30-31). "How does interconnectedness affect the course of a pandemic? What are the optimal withinand between-state containment policies? We embed a spatial SIR model into a multi-sector quantitative trade model. We calibrate it to US states and the COVID-19 pandemic and find that interconnectedness increases the death toll by 146,200 lives. A local within-state containment policy minimizes welfare losses relative to a national policy or to one that reduces mobility between states. The optimal policy combines local within- and between state restrictions and saves 289,300 lives. This optimal policy induces a peak reduction in mobility of 25.97% that saves approximately 23% more lives. Different timing of policies across states is key to minimizing losses. States like South Carolina might have imposed internal lockdowns too early but travel restrictions too late"--Abstract, page ii. COVID-19 Pandemic, 2020-2023 Economic aspects United States. COVID-19 Pandemic, 2020-2023 United States Prevention. Travel restrictions United States. Pandémie de COVID-19, 2020-2023 Aspect economique États-Unis. Pandémie de COVID-19, 2020-2023 États-Unis Prévention. Circulation internationale des personnes Restrictions États-Unis. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2021-26. (CaOODSP)9.806221 PDF 1.79 MB https://publications.gc.ca/collections/collection_2021/banque-bank-canada/FB3-5-2021-26-eng.pdf