Analysis of virus transmission: A stochastic transition model representation of epidemiological models

  • Christian Gourieroux
  • , Joann Jasiak

Research output: Contribution to journalArticlepeer-review

Abstract

The growing literature on the transmission of COVID-19 relies on various dynamic SIR-type models (Susceptible-Infected-Recovered). For ease of comparison and specification testing, we introduce a common stochastic representation of the SIR-type epidemiological models. This representation is a discrete time transition model, which allows for classifying the epidemiological models with respect to the number of states (compartments) and their interpretation. Additionally, the (stochastic) transition model eliminates several limitations of the (deterministic) continuous time epidemiological models, which are pointed out in the paper. We show that when data on aggregate compartment counts are available, all discrete time SIR-type models admit a nonlinear (pseudo) state space representation and can be consistently estimated and updated from an extended Kalman filter.

Original languageEnglish
Pages (from-to)1-26
Number of pages26
JournalAnnals of Economics and Statistics
Issue number140
DOIs
Publication statusPublished - 1 Dec 2020
Externally publishedYes

Keywords

  • Covid-19
  • Epidemiological Model
  • SIR Model
  • State-Space Representation
  • Transition Model

Fingerprint

Dive into the research topics of 'Analysis of virus transmission: A stochastic transition model representation of epidemiological models'. Together they form a unique fingerprint.

Cite this