Longer-run Economic Consequences of Pandemics
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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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美国国家经济研究局创建时间:
2020-04-01



