000			01619nab a2200277 c 4500
999			_c148197 _d148197
003			ES-MaIEF
005			20230920142012.0
007			ta
008			230920t2023 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
245		4	_aThe causal effects of lockdown policies on health and macroeconomic outcomes _c Jonas E. Arias, Jesús Fernández-Villaverde, Juan F. Rubio-Ramírez and Minchul Shin
500			_aResumen.
504			_aBibliografía.
520			_aWe assess the causal impact of pandemic-induced lockdowns on health and macroeconomic outcomes and measure the trade-off between containing the spread of a pandemic and economic activity. To do so, we estimate an epidemiological model with time-varying parameters and use its output as information for estimating SVARs and LPs that quantify the causal effects of nonpharmaceutical policy interventions. We apply our approach to Belgian data for the COVID-19 pandemic during 2020. We find that additional government-mandated mobility curtailments would have reduced deaths at a very small cost in terms of GDP.
650		4	_948069 _aPOLITICA SANITARIA
650		4	_944933 _aGASTOS SANITARIOS
650		4	_aPANDEMIAS _967998
650		4	_aCORONAVIRUS _967999
650		4	_94516 _aACTIVIDADES ECONOMICAS
650		4	_aDESARROLLO ECONOMICO _950224
650		4	_947776 _aMODELOS ECONOMETRICOS
650		4	_925837 _aANALISIS MACROECONOMICO
700	1		_970988 _aArias, Jonas E.
773	0		_9170205 _oOP 2137/2023/3 _tAmerican Economic Journal : Macroeconomics _w(IEF)64915 _x 1945-7707 _g v. 15, n. 3, July 2023, p. 287-319
942			_cART