A dynamic model of COVID-19: contagion and implications of isolation enforcement

dc.contributor.authorCasares Polo, Miguel
dc.contributor.authorKhan, Hashmat
dc.contributor.departmentEkonomiaeu
dc.contributor.departmentInstitute for Advanced Research in Business and Economics - INARBEen
dc.contributor.departmentEconomíaes_ES
dc.date.accessioned2020-03-30T10:01:03Z
dc.date.available2020-03-30T10:01:03Z
dc.date.issued2020
dc.description.abstractWe present a dynamic model that produces day-to-day changes in key variables due to the COVID-19 contagion: the number of ever infected people, currently infected, deaths, healed, and infected people who require hospitalization. The model is carefully calibrated to Spanish data and we conduct simulation exercises to study the role of isolation measures to contain the virus spread. We find that virus containment from isolation exhibits increasing returns. Our model simulations show that the State of Alarm intervention of the Spanish government on March 14th, 2020 reduces deaths by almost 85%, and lowers the maximum number of infected people who need daily hospitalization by a factor of 1/12. The simulations also indicate that both the timing and the intensity of the isolation enforcement are key for the evolution of the virus spread and the smoothing of the hospitalization needs.en
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttps://academica-e.unavarra.es/handle/2454/36629
dc.language.isoengen
dc.relation.ispartofseriesDocumentos de Trabajo DE - ES Lan Gaiakes
dc.relation.ispartofseries2001
dc.rightsCC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)en
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectCovid-19en
dc.subjectDynamic modelen
dc.subjectContagionen
dc.subjectIsolation enforcementen
dc.titleA dynamic model of COVID-19: contagion and implications of isolation enforcementen
dc.typeinfo:eu-repo/semantics/workingPaper
dspace.entity.typePublication
relation.isAuthorOfPublication308e2f24-fee5-4ddb-be38-6e7a11cabf44
relation.isAuthorOfPublication.latestForDiscovery308e2f24-fee5-4ddb-be38-6e7a11cabf44

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