Information and Inequality in the Time of a Pandemic /

We introduce two types of agent heterogeneity in a calibrated epidemiological search model. First, some agents cannot afford staying home to minimize their virus exposure, while others can. Our results show that these poor agents bear most of the epidemic's health costs. Moreover, we show that...

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Bibliographic Details
Main Author: Dizioli, Allan
Other Authors: Pinheiro, Roberto
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/188
Online Access:Full text available on IMF