Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of Results
The COVID-19 pandemic has raised many questions on how to manage an epidemiological and economic crisis around the world. Since the beginning of the COVID-19 pandemic, scientists and policy makers have been asking how effective lockdowns are in preventing and controlling the spread of the virus. In...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2022-01-01
|
| Series: | Entropy |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1099-4300/24/1/126 |
| _version_ | 1797494199938973696 |
|---|---|
| author | Jagoda Kaszowska-Mojsa Przemysław Włodarczyk Agata Szymańska |
| author_facet | Jagoda Kaszowska-Mojsa Przemysław Włodarczyk Agata Szymańska |
| author_sort | Jagoda Kaszowska-Mojsa |
| collection | DOAJ |
| description | The COVID-19 pandemic has raised many questions on how to manage an epidemiological and economic crisis around the world. Since the beginning of the COVID-19 pandemic, scientists and policy makers have been asking how effective lockdowns are in preventing and controlling the spread of the virus. In the absence of vaccines, the regulators lacked any plausible alternatives. Nevertheless, after the introduction of vaccinations, to what extent the conclusions of these analyses are still valid should be considered. In this paper, we present a study on the effect of vaccinations within the dynamic stochastic general equilibrium model with an agent-based epidemic component. Thus, we validated the results regarding the need to use lockdowns as an efficient tool for preventing and controlling epidemics that were obtained in November 2020. |
| first_indexed | 2024-03-10T01:30:56Z |
| format | Article |
| id | doaj.art-b6eb140db6084dba9e7ae117bd743292 |
| institution | Directory Open Access Journal |
| issn | 1099-4300 |
| language | English |
| last_indexed | 2024-03-10T01:30:56Z |
| publishDate | 2022-01-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Entropy |
| spelling | doaj.art-b6eb140db6084dba9e7ae117bd7432922023-11-23T13:42:23ZengMDPI AGEntropy1099-43002022-01-0124112610.3390/e24010126Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of ResultsJagoda Kaszowska-Mojsa0Przemysław Włodarczyk1Agata Szymańska2Institute for New Economic Thinking at the Oxford Martin School, University of Oxford, Manor Road, Oxford OX1 3UQ, UKDepartment of Macroeconomics, Faculty of Economics and Sociology, University of Łódź, 90-136 Łódź, PolandDepartment of Macroeconomics, Faculty of Economics and Sociology, University of Łódź, 90-136 Łódź, PolandThe COVID-19 pandemic has raised many questions on how to manage an epidemiological and economic crisis around the world. Since the beginning of the COVID-19 pandemic, scientists and policy makers have been asking how effective lockdowns are in preventing and controlling the spread of the virus. In the absence of vaccines, the regulators lacked any plausible alternatives. Nevertheless, after the introduction of vaccinations, to what extent the conclusions of these analyses are still valid should be considered. In this paper, we present a study on the effect of vaccinations within the dynamic stochastic general equilibrium model with an agent-based epidemic component. Thus, we validated the results regarding the need to use lockdowns as an efficient tool for preventing and controlling epidemics that were obtained in November 2020.https://www.mdpi.com/1099-4300/24/1/126COVID-19vaccinationagent-based modellingdynamic stochastic general equilibrium modelsscenario analysesvalidation of results |
| spellingShingle | Jagoda Kaszowska-Mojsa Przemysław Włodarczyk Agata Szymańska Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of Results Entropy COVID-19 vaccination agent-based modelling dynamic stochastic general equilibrium models scenario analyses validation of results |
| title | Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of Results |
| title_full | Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of Results |
| title_fullStr | Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of Results |
| title_full_unstemmed | Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of Results |
| title_short | Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of Results |
| title_sort | immunity in the abm dsge framework for preventing and controlling epidemics validation of results |
| topic | COVID-19 vaccination agent-based modelling dynamic stochastic general equilibrium models scenario analyses validation of results |
| url | https://www.mdpi.com/1099-4300/24/1/126 |
| work_keys_str_mv | AT jagodakaszowskamojsa immunityintheabmdsgeframeworkforpreventingandcontrollingepidemicsvalidationofresults AT przemysławwłodarczyk immunityintheabmdsgeframeworkforpreventingandcontrollingepidemicsvalidationofresults AT agataszymanska immunityintheabmdsgeframeworkforpreventingandcontrollingepidemicsvalidationofresults |