Policy Implications of Models of the Spread of Coronavirus: Perspectives and Opportunities for Economists
This paper provides a critical review of models of the spread of the coronavirus (SARS-CoV-2) epidemic that have been influential in recent policy decisions. There is tremendous opportunity for social scientists to advance the relevant literature as new and better data becomes available to bolster economic outcomes and save lives.
We are grateful to Marcy Alsan, Ben Bolker, Amitabh Chandra, Bill Clark, Jonathan Dushoff, Michael Kremer, Balachander Krishnamurthy, Nolan Miller, Krista Moody, Ziad Obermeyer, Elizabeth Rourke, Bruce Sacerdote, Doug Staiger, Jim Stock, and Richard Zeckhauser for helpful comments and advice and to Louis Mitchell for editorial assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.