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

@article{Correia2020PandemicsDT,
  title={Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu},
  author={S. Correia and S. Luck and E. Verner},
  journal={Health Economics eJournal},
  year={2020}
}
  • S. Correia, S. Luck, E. Verner
  • Published 2020
  • Business
  • Health Economics eJournal
  • Do non-pharmaceutical interventions (NPIs) aimed at reducing mortality during a pandemic necessarily have adverse economic effects? We use variation in the timing and intensity of NPIs across U.S. cities during the 1918 Flu Pandemic to examine their economic impact. While the pandemic itself was associated with economic disruptions in the short run, we find these disruptions were similar across cities with strict and lenient NPIs. In the medium run, we find suggestive evidence that, if anything… CONTINUE READING
    Sectoral Effects of Social Distancing
    • 48
    Social Distancing and Supply Disruptions in a Pandemic
    • 32
    • PDF
    Misinformation During a Pandemic
    • 45
    • PDF

    References

    Publications referenced by this paper.
    SHOWING 1-10 OF 24 REFERENCES
    The effect of public health measures on the 1918 influenza pandemic in U.S. cities
    • 420
    • Highly Influential
    • PDF
    Public health interventions and epidemic intensity during the 1918 influenza pandemic
    • 392
    • Highly Influential
    • PDF
    Nonpharmaceutical interventions implemented by US cities during the 1918-1919 influenza pandemic.
    • 301
    • Highly Influential
    • PDF
    The Macroeconomics of Epidemics
    • 305
    • PDF
    Private and Public Supply of Liquidity
    • 1,079
    The Economic Effects of the 1918 Influenza Epidemic
    • 90
    • Highly Influential
    • PDF
    The Coronavirus and the Great Influenza Epidemic - Lessons from the 'Spanish Flu' for the Coronavirus's Potential Effects on Mortality and Economic Activity
    • 155
    • Highly Influential
    • PDF
    Pandemic Economics: The 1918 Influenza and Its Modern-Day Implications
    • 36
    • Highly Influential
    • PDF
    The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s
    • 76
    • Highly Influential
    • PDF