
Li, S. and Linton, O.
When Will the Covid-19 Pandemic Peak?
Journal of Econometrics
Vol. 220(1) pp. 130-157 (2021)
Abstract: We carry out some analysis of the daily data on the number of new cases and the number of new deaths by (191) countries as reported to the European Centre for Disease Prevention and Control (ECDC). Our benchmark model is a quadratic time trend model applied to the log of new cases for each country. We use our model to predict when the peak of the epidemic will arise in terms of new cases or new deaths in each country and the peak level. We also predict how long the number of new daily cases in each country will fall by an order of magnitude. Finally, we also forecast the total number of cases and deaths for each country. We consider two models that link the joint evolution of new cases and new deaths.
Keywords: Epidemic, Nonparametric, Prediction, Trend
JEL Codes: C10
Author links: Oliver Linton
Publisher's Link: https://doi.org/10.1016/j.jeconom.2020.07.049
Open Data link: https://www.sciencedirect.com/science/article/pii/S0304407620303055#sec5
Cambridge Working Paper in Economics Version of Paper: When will the Covid-19 pandemic peak?, Li, S. and Linton, O., (2020)