Wednesday, March 25, 2020

In the long run, we're all recovered

National Bureau of Economic Research Working Paper abstract --

Andrew Atkeson. No. 26867 This note is intended to introduce economists to a simple SIR model of the progression of COVID-19 in the United States over the next 12-18 months. An SIR model is a Markov model of the spread of an epidemic in a population in which the total population is divided into categories of being susceptible to the disease (S), actively infected with the disease (I), and recovered (or dead) and no longer contagious (R).

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