Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu

We study the impact of non-pharmaceutical interventions (NPIs) on mortality and economic activity across U.S. cities during the 1918 Flu Pandemic. The combination of fast and stringent NPIs reduced peak mortality by 50% and cumulative excess mortality by 24% to 34%. However, while the pandemic itsel...

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Veröffentlicht in:	arXiv.org 2022-07
Hauptverfasser:	Correia, Sergio, Luck, Stephan, Verner, Emil
Format:	Artikel
Sprache:	eng
Schlagworte:	Disease control Economic conditions Economics Impact analysis Mortality Public health Quantitative Finance - Economics
Online-Zugang:	Volltext
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