The Basic Model for the Pandemic and Its Extensions
11 Pages Posted: 8 Apr 2020 Last revised: 21 Apr 2020
Date Written: April 2, 2020
We describe and briefly examine the standard model for viral infection, the so-called SIR model, and its potential usage in the current situation. We furthermore extend the model to account for government interventions, and for differences in testing approaches in different countries.
Keywords: novel, coronavirus, COVID, COVID-19, pandemic, epidemic, SIR, SARS-CoV-2, Outbreak, R0,Transmission
JEL Classification: I1, C61, G13, G15, G18, G21, C51
Suggested Citation: Suggested Citation