Ben R. Craig, Thomas M. Phelan, Jan-Peter Siedlarek, J. Steinberg
{"title":"Two Approaches to Predicting the Path of the COVID-19 Pandemic: Is One Better?","authors":"Ben R. Craig, Thomas M. Phelan, Jan-Peter Siedlarek, J. Steinberg","doi":"10.26509/FRBC-EC-202110","DOIUrl":null,"url":null,"abstract":"We compare two types of models used to predict the spread of the coronavirus, both of which have been used by government officials and agencies. We describe the nature of the difference between the two approaches and their advantages and limitations. We compare examples of each type of model—the University of Washington IHME or “Murray” model, which follows a curve-fitting approach, and the Ohio State University model, which follows a structural approach.","PeriodicalId":313912,"journal":{"name":"Economic Commentary (Federal Reserve Bank of Cleveland)","volume":"99 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Commentary (Federal Reserve Bank of Cleveland)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.26509/FRBC-EC-202110","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
We compare two types of models used to predict the spread of the coronavirus, both of which have been used by government officials and agencies. We describe the nature of the difference between the two approaches and their advantages and limitations. We compare examples of each type of model—the University of Washington IHME or “Murray” model, which follows a curve-fitting approach, and the Ohio State University model, which follows a structural approach.