Daily archives: 19. October 2020

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Disease, Downturns, and Wellbeing

Vellore Arthi, John Parman: Disease, Downturns, and Wellbeing, Economic History and the Long-run Impacts of COVID-19, in: NBER Working Paper Series, Working Paper 27805, September 2020. In their work, Vellore Arthi and John Parman ask how COVID-19 could affect human capital and well-being in the long term. They observed severe consequences of the COVID-19 pandemic. For them, this public health crisis and the accompanying economic downturn seems to dwarf the scale, scope and destructive power of most modern pandemics. Since knowledge about other modern pandemics is largely limited to short-term effects, recent experience may do little to help predict and […]