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来源类型Working Paper
规范类型报告
DOI10.3386/w26866
来源IDWorking Paper 26866
The Coronavirus and the Great Influenza Pandemic: Lessons from the \u201cSpanish Flu\u201d for the Coronavirus\u2019s Potential Effects on Mortality and Economic Activity
Robert J. Barro; José F. Ursúa; Joanna Weng
发表日期2020-03-23
出版年2020
语种英语
摘要Mortality and economic contraction during the 1918-1920 Great Influenza Pandemic provide plausible upper bounds for outcomes under the coronavirus (COVID-19). Data for 48 countries imply flu-related deaths in 1918-1920 of 40 million, 2.1 percent of world population, implying 150 million deaths when applied to current population. Regressions with annual information on flu deaths 1918-1920 and war deaths during WWI imply flu-generated economic declines for GDP and consumption in the typical country of 6 and 8 percent, respectively. There is also some evidence that higher flu death rates decreased realized real returns on stocks and, especially, on short-term government bills.
主题Macroeconomics ; Macroeconomic Models ; Health, Education, and Welfare ; Development and Growth ; Growth and Productivity ; COVID-19
URLhttps://www.nber.org/papers/w26866
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/584539
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Robert J. Barro,José F. Ursúa,Joanna Weng. The Coronavirus and the Great Influenza Pandemic: Lessons from the \u201cSpanish Flu\u201d for the Coronavirus\u2019s Potential Effects on Mortality and Economic Activity. 2020.
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