Covid-19 in unequal societies

J Econ Dyn Control. 2022 Jul:140:104328. doi: 10.1016/j.jedc.2022.104328. Epub 2022 Feb 5.

Abstract

We document the heterogeneous effect of Covid-19 on health and economic outcomes across socioeconomic strata in Bogotá. We assess its distributional impact and evaluate policy counterfactuals in a heterogeneous agent quantitative dynamic general equilibrium model intertwined with a behavioral epidemiological model.