Journal Article

Vaccine Mandates, Private Incentives and the Efficient Use of Coronavirus Vaccines (In German only)

Author

  • Michael Stolpe
Publication Date

From an economic point of view, vaccine mandates are a negative incentive to get vaccinated. Positive incentives that induce unvaccinated individuals just as effectively – such as government-provided cash incentives – can be more flexible and avoid some of the other disadvantages that come with mandates and possibly achieve higher vaccination rates. Given the size of societal benefits from boosting vaccination rates in the fight against SARS-CoV-2, Germany has substantial unused financial leeway to pay for cash incentives. Prudent combinations of cash incentives and vaccine mandates are also worth considering.

Kiel Institute Expert

Info

JEL Classification
I12, I18
DOI
10.1007/s10273-022-3139-y

Key Words

  • cash incentive
  • Covid-19
  • Disease prevention
  • immunization
  • Impfkampagne
  • Impfpflicht
  • SARS-CoV-2
  • subsidy
  • vaccination campaign
  • vaccine mandate