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The Effectiveness of Life-Preserving Investments in Times of COVID-19 / Jules H. van Binsbergen, Christian C. Opp.
- Format:
- Book
- Author/Creator:
- van Binsbergen, Jules H.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w27382.
- NBER working paper series no. w27382
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- We analyze the effectiveness of preventive investments aimed at increasing agents' life expectancy, with a focus on influenza and COVID-19 mitigation. Maximizing overall life expectancy requires allocating resources across hazards so as to equalize investments' marginal effectiveness. Based on estimates for the marginal effectiveness of influenza vaccines, we determine the level of COVID-19 mitigation investments that would imply such equalization. Given current projections for COVID-19 mitigation costs, our results suggest that wide-spread influenza vaccination would be an effective life-preserving investment.
- Notes:
- Print version record
- June 2020.
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