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Longer-run Economic Consequences of Pandemics

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NBER2020-04-01 更新2025-01-04 收录
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What are the medium- to long-term effects of pandemics? How do they differ from other economic disasters? We study major pandemics using the rates of return on assets stretching back to the 14th century. Significant macroeconomic after-effects of pandemics persist for about decades, with real rates

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2020-04-01
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