Daily archives: 6. October 2020

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Economic Impact of the Black Death

Remi Jedwab, Noel D. Johnson, Mark Koyama: The Economic Impact of the Black Death, in: IIEP-WP-2020-14, August 2020. The “Black Death” was the biggest demographic shock in European history. The authors of this paper review the origin, spread and mortality of the disease. They document that it was an plausibly exogenous shock for the European economy and trace its aggregate and local impacts in both the short and long term.