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Age, Death Risk, and the Design of an Exit Strategy: A Guide for Policymakers and for Citizens Who Want to Stay Alive

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  • Oswald, Andrew J.

    (University of Warwick)

  • Powdthavee, Nattavudh

    (Nanyang Technological University, Singapore)

Abstract

Some commentators argue for a fairly general release from COVID-19 lockdown. That has a troubling flaw. It ignores the fatality risks that will then be faced by citizens in midlife and older. This paper provides information on the strong age-pattern in the risk of death from three countries (China, Italy, the UK). If politicians want an imminent removal of the lockdown, the safest approach in our judgment would be a rolling age-release strategy combined with the current principle of social distancing. But even if that is not the policy adopted, citizens need to be shown graphs of the kind in this paper. Honest guidance ought to be given to those in midlife and beyond. Governments have to allow people to understand their personal risk after any release from lockdown.

Suggested Citation

  • Oswald, Andrew J. & Powdthavee, Nattavudh, 2020. "Age, Death Risk, and the Design of an Exit Strategy: A Guide for Policymakers and for Citizens Who Want to Stay Alive," IZA Discussion Papers 13221, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp13221
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    References listed on IDEAS

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    1. Oswald, Andrew J. & Powdthavee, Nattavudh, 2020. "The Case for Releasing the Young from Lockdown: A Briefing Paper for Policymakers," IZA Discussion Papers 13113, Institute of Labor Economics (IZA).
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    More about this item

    Keywords

    coronavirus; labor market; recession; COVID-19;
    All these keywords.

    JEL classification:

    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • K38 - Law and Economics - - Other Substantive Areas of Law - - - Human Rights Law; Gender Law; Animal Rights Law
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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