The Optimal Allocation of COVID-19 Vaccines

Working Paper: CEPR ID: DP15329

Authors: Ana BabuĊ›; Sanmay Das; Sangmok Lee

Abstract: Covid-19 vaccine prioritization is key if the initial supply of the vaccine is limited. A consensus is emerging to first prioritize populations facing a high risk of severe illness in high-exposure occupations. The challenge is assigning priorities next among high-risk populations in low-exposure occupations and those that are young and healthy but work in high-exposure occupations. We estimate occupation-based infection risks and use age-based infection fatality rates in a model to assign priorities over populations with different occupations and ages. Among others, we find that 50-year-old food-processing workers and 60-year-old financial advisors are equally prioritized. Our model suggests a vaccine distribution that emphasizes age-based mortality risk more than occupation-based exposure risk. Designating some occupations as essential does not affect the optimal vaccine allocation unless a stay-at-home order is also in effect. Even with vaccines allocated optimally, 7.14% of the employed workforce is still expected to be infected with the virus until the vaccine becomes widely available, provided the vaccine is 50% effective, and assuming a supply of 60mil doses.

Keywords: optimal assignment; occupational health

JEL Codes: H4; I1


Causal Claims Network Graph

Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.


Causal Claims

CauseEffect
prioritizing age over occupation in vaccine distribution (J14)more effective allocation strategies (D61)
age interacts with occupation to determine vaccine eligibility (J14)age is a stronger predictor of mortality risk (J17)
vaccine effectiveness (I12)proportion of workforce expected to be infected (J21)
designating occupations as essential (J45)vaccine allocation (I18)
stay-at-home order (C69)effect on vaccine allocation (I14)

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