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. 2020 Jul 13;76(4):731–750. doi: 10.1007/s10640-020-00454-9

Table 2.

Overview and description of the simulated scenarios

Scenario Description
Baseline Business-as-usual (BAU), i.e. the situation corresponding to the pre-COVID-19 era
Scenario 1 Workforce stays at home, leading to a decrease in working time by 10%
Scenario 2 Workforce stays at home, leading to a decrease in working time by 20%
Scenario 3 Overall demanda drops to 90% levels, only essential sectorsb remain 100% active
Scenario 4 Overall demand drops to 90% levels

aOverall demand is the aggregation of demand by all the economic agents identified in the model (consumers, government, investment, etc.), this decrease is achieved by modifying the intercept of each agent’s consumption function

bEssential sectors are defined as non-market services, (including health care and education), and agriculture, fishing, and forestry