What are the economic and health effects when states reopen?

Based on its new Coronavirus Policy Response Simulator, the Penn Wharton Budget Model (PWBM), led by Wharton professor and faculty director Kent Smetters, cautions if states open too quickly, that comes with a cost that could result in more deaths. The PWBM is a nonpartisan initiative providing economic analysis of public policy’s fiscal impact for policymakers to make data-based decisions. This analysis was presented in a Wharton LinkedIn Live event on May 5.