2021
DOI: 10.1016/j.eeh.2020.101381
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Disease, downturns, and wellbeing: Economic history and the long-run impacts of COVID-19

Abstract: How might COVID-19 affect human capital and wellbeing in the long run? The COVID-19 pandemic has already imposed a heavy human cost—taken together, this public health crisis and its attendant economic downturn appear poised to dwarf the scope, scale, and disruptiveness of most modern pandemics. What evidence we do have about other modern pandemics is largely limited to short-run impacts. Consequently, recent experience can do little to help us anticipate and respond to COVID-19’s potential long-run impact on i… Show more

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Cited by 93 publications
(64 citation statements)
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“…11 See Stern et al (2009) for a list of NPIs by type and city. For greater discussion of the many papers related to the 1918 pandemic, see the recent surveys by Arthi and Parman (2020) and Beach et al (2020). In addition, Almond (2006), Almond and Currie (2011), Almond et al (2018), andBeach et al (2018) provide detailed surveys of the long-run e ects of early childhood exposure to health shocks, including in uenza.…”
Section: School Closuresmentioning
confidence: 99%
“…11 See Stern et al (2009) for a list of NPIs by type and city. For greater discussion of the many papers related to the 1918 pandemic, see the recent surveys by Arthi and Parman (2020) and Beach et al (2020). In addition, Almond (2006), Almond and Currie (2011), Almond et al (2018), andBeach et al (2018) provide detailed surveys of the long-run e ects of early childhood exposure to health shocks, including in uenza.…”
Section: School Closuresmentioning
confidence: 99%
“…In particular, the new SARS-CoV-2, first emerging in China at the end of 2019 [ 26 ], can provoke severe pneumonia, and being easily transmissible, it rapidly spread worldwide leading the World Health Organization (WHO) to declare COVID-19 a pandemic in March 2020 [ 27 ]. Currently, there have been more than two million deaths due to COVID-19 (2,239,418 as found in Worldometers.info [ 28 ] accessed on 1 February 2021), with enormous consequences for public health and the global economy [ 29 , 30 , 31 ]. While the whole world is fighting against COVID-19 and waits for a global and effective vaccination, the scientific community is devoting immense efforts to develop effective drugs for the immediate treatment of SARS-CoV-2 infection.…”
Section: Introductionmentioning
confidence: 99%
“…In addition to inexperience, poor capability in large-scale pandemic crisis management often aggravates a variety of pandemic-led problems [19]. The global population, as well as administrative authorities of crisis response, recognizes the ubiquitous presence of wicked problems (more complex, complicated, and tangled relationships among existing problematic issues), newly generated and/or worsened by the pandemic [20].…”
Section: Topical Review: Pandemic Crisis Managementmentioning
confidence: 99%