A Brief Tour of Economic Epidemiology Modelling

35 Pages Posted: 6 Feb 2024

See all articles by Raouf Boucekkine

Raouf Boucekkine

ESC Rennes School of Business

Shankha Chakraborty

University of Oregon - Department of Economics

Aditya Goenka

University of Birmingham

Lin Liu

University of Liverpool

Abstract

Prior to the Covid-19 crisis, the integration of epidemiology and economics that is,economic epidemiology modelling (epi-econ) in literature was relatively limited. Thefirst fully integrated general equilibrium model, (Goenka et al., 2014) was published inthe Journal of Mathematical Economics (JME). The emergence of the Covid-19 crisishas prompted an unprecedented surge in the epi-econ literature. The JME has activelycontributed to this area by publishing a special issue on epi-econ modelling (Volume93) and publishing papers within this area. This survey primarily explores these JMEpapers along these lines: macroeconomics and policy, microeconomics and economicbehavior, and mathematical advances. The survey looks ahead to some emerging areasin this literature.

Keywords: Economic epidemiology, Covid-19, pandemics, infectious diseases, NPI, optimal control, lockdowns.

Suggested Citation

Boucekkine, Raouf and Chakraborty, Shankha and Goenka, Aditya and Liu, Lin, A Brief Tour of Economic Epidemiology Modelling. Available at SSRN: https://ssrn.com/abstract=4712403 or http://dx.doi.org/10.2139/ssrn.4712403

Raouf Boucekkine

ESC Rennes School of Business ( email )

Shankha Chakraborty

University of Oregon - Department of Economics ( email )

Eugene, OR 97403
United States
541-346-4678 (Phone)

Aditya Goenka

University of Birmingham ( email )

Lin Liu (Contact Author)

University of Liverpool ( email )

Chatham Street
Brownlow Hill
Liverpool, L69 7ZA
United Kingdom

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