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Effects on the U.S. of an H1N1 Epidemic: Analysis with a Quarterly CGE Model

Effects on the U.S. of an H1N1 Epidemic: Analysis with a Quarterly CGE Model

We simulate the effects of a hypothetical H1N1 epidemic in the U.S. using a quarterly CGE model. Quarterly periodicity allows us to capture the short-run nature of an epidemic. We find potentially severe economic effects in the peak quarter. Averaged over the epidemic year, the effects are considerably damped. Our …