A Macroeconomic Model of an Epidemic with Silent Transmission and Endogenous Self-isolation

Antonio Diez de los Rios discusses the interaction between epidemics and economic decisions in a model where agents allocate their time to market and home production and social and home leisure, these activities differ in their degree of contagiousness, some infected individuals are indistinguishable from susceptible individuals and agents are not necessarily rational.  Image courtesy of Antonio Diez de los Rios. The interview reflects solely Antonio Diez de los Rios own views and does not necessarily reflect the official views of the Bank of Canada or its Governing Council.

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