TY  - RPRT
        AU  - Layard, Richard
AU  - Clark, Andrew E.
AU  - Neve, Jan-Emmanuel De
AU  - Krekel, Christian
AU  - Fancourt, Daisy
AU  - Hey, Nancy
        TI  - When to Release the Lockdown? A Wellbeing Framework for Analysing Costs and Benefits
        PY  - 2020/Apr/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 13186
        UR  - https://www.iza.org/publications/dp13186
        AB  - It is politicians who have to decide when to release the lockdown, and in what way. In doing so, they have to balance many considerations (as with any decision). Often the different considerations appear incommensurable so that only the roughest of judgements can be made. For example, in the case of COVID-19, one has to compare the economic benefits of releasing the lockdown with the social and psychological benefits, and then compare the total of these with the increase in deaths that would result from an early exit. We here propose a way of doing this more systematically.
        KW  - well-being
KW  - COVID-19
KW  - lockdown
        ER  -