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“...that the earlier, more forcefully and longer cities responded, the better their economic recovery...”
According to a new study on the Spanish flu behavior.
#SocialDistancing #economy #impact #Covid_19 #COVID19
(1/5)
bloomberg.com/amp/opinion/ar…
Done by economists Sergio Correia, Stephan Luck & Emil Verner looks at economic impact of the 1918 Spanish flu pandemic in the US. Combining mortality & economic variables with evidence on local implementation of so-called non-pharmaceutical interventions (#SocialDistancing)(2/5)
Cities that implemented aggressive social distancing & shutdowns to contain the virus came out looking better. Implementing these policies eight days earlier, or maintaining them for 46 days longer were associated with 4%-6% higher post pandemic manufacturing employment
(3/5)
Also, to be clear, the finding that cities that practiced stricter social distancing did better post-pandemic doesn’t mean those places didn't suffer economically — they did, but on balance, the distancing measures appear to have reduced the pandemic’s economic toll.
(4/5)
Aquí material por si les interesa!!!
(5/5)
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