Pandemics through the lens of occupations
构建了一个宏观大流行病模型，研究人们选择居家办公或市场工作对感染风险和经济的影响，发现自主隔离能降低感染峰值但加剧消费不平等。
We outline a macro-pandemic model where individuals can select into working from home or in the market. Market work increases the risk of infection. Occupations differ in the ease of substitution between market and home work and in the risk of infection. We examine the evolution of a pandemic in the model as well as its macroeconomic and distributional consequences. The model is calibrated to British Columbian data to examine the implications of shutting down different industries by linking industries to occupations. We find that endogenous choice to self-isolate is key: it reduces the peak weekly infection rate by two percentage points but reduces the trough consumption level by four percentage points, even without policy-mandated lockdowns. The model also produces widening consumption inequality, a fact that has characterized COVID-19.