What Works to Control COVID-19? Econometric Analysis of a Cross-Country Panel
The paper finds that while lockdown measures have strong effects on the transmission rate, gathering bans appear to be more effective than workplace and school closures. Ramping up testing and tracing is found to be especially effective in controlling the spread of the disease in economies with greater coverage of paid sick leave benefits. The findings suggest that a targeted approach can be taken to keep the epidemic controlled at lower economic cost.
- COVID-19 Control: Evidence from Cross-Country Regression Analysis
- Empirical Framework