Information and Inequality in the Time of a Pandemic

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 having more agents who do not change their behavior... READ MORE...

Publication date: September 2020
ISBN 9781513556307
$18.00

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Publication date: September 2020

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