Arbeitspapier
Firm Behavior during an Epidemic
We derive a model in which firms operate in an epidemic environment and internalize infections among their employees in the workplace. The model is calibrated to fit the properties of the Covid-19 epidemic. We show that firms have incentives to fight against infections and can do so very effectively by increasing teleworking and rotating employees between on-site work, teleworking, and leave. Subsidies to sick leave reduce the cost of sick workers and raise workplace infections. Furlough policies are successful in reducing infections and saving lives. Firms delay and weaken the fight against infections during economic downturns.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 8478
- Klassifikation
-
Wirtschaft
Computational Techniques; Simulation Modeling
Production and Organizations: General
Firm Behavior: Theory
Health: General
Health: Government Policy; Regulation; Public Health
Organization of Production
- Thema
-
Covid-19
epidemic
firm behaviour
on-site work
policies
teleworking
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brotherhood, Luiz
Jerbashian, Vahagn
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and Ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Brotherhood, Luiz
- Jerbashian, Vahagn
- Center for Economic Studies and Ifo Institute (CESifo)
Entstanden
- 2020
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