000 01309nam a2200229Ia 4500
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022 _a0034-6535
100 _aGoodkin-Gold, Matthew
_9122803
245 0 _aOptimal Vaccine Subsidies for Epidemic Diseases
260 _bThe Review of Economics and Statistics
260 _c2024
300 _a895-909
520 _aWe analyze optimal vaccine subsidies in a model integrating disease epidemiology into a market with rational economic agents. The focus is on an intensive vaccine campaign to quell an epidemic in the short run. Across a range of market structures, positive vaccine externalities and optimal subsidies peak for diseases that spread quickly, but not so quickly that everyone is driven to be vaccinated. We assess the practical relevance of this peak-as well as the existence of increasing social returns to vaccination and optimality of universal vaccination-in calibrations to the COVID-19 pandemic.
650 _a Disease Epidemiology
_9122804
650 _a Epidemic Diseases
_937469
650 _a Vaccine Subsidies
_9122805
650 _aCOVID-19 Pandemic
700 _a Kremer, Michael
_9122806
700 _a Snyder, Christopher M.
_9122807
700 _a Williams, Heidi
_9122808
856 _uhttps://doi.org/10.1162/rest_a_01202
999 _c134358
_d134358