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Keywords:reopening the economy 

Discussion Paper
Impacts of COVID-19: Mitigation Efforts versus Herd Immunity

The rapid spread of COVID-19 is having devastating effects on the global economy. With death curves beginning to bend, governments will soon need to determine when and how to relax lockdown measures. The crucial question is: what are the public health consequences of reopening the economy? In this article, we argue that the observed decline in daily deaths could be due to two scenarios: social distancing measures and herd immunity. Both the widely used SIR model and the data collected thus far cannot distinguish these two scenarios. Such an identiļ¬cation problem generates a large degree of ...
Policy Hub , Paper 2020-3

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