US health system likely to be overwhelmed – Minneapolis Fed paper

Minneapolis Fed at night
Federal Reserve Bank of Minneapolis
Michael Hicks

US economic policy-makers must take measures to support massive investment in the healthcare system and prolonged social distancing, a paper published by the Federal Reserve Bank of Minneapolis says.

Even with those measures, the US healthcare system is likely to be overwhelmed in the coming months, says the paper’s author, Andrew Atkeson.

The paper sets out to introduce the quantitative implications of epidemiological models to economists. Atkeson says he wrote it so that economists taking

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