New interview with MIT's @EmilVerner on economic consequences of #covid19 #pandemic & public health interventions. Early & aggressive adoption of #NPIs not only lower mortality but can also lead to quicker post-pandemic recovery. 1/
policypunchline.com/episodes/2020/…
policypunchline.com/episodes/2020/…
The discussion is based on Emil's recent paper "Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu" – which provides timely & crucial justification for the current social distancing measures. 2/
papers.ssrn.com/sol3/Papers.cf…
papers.ssrn.com/sol3/Papers.cf…
In this interview, we ask Emil about his research methodology, why the #1918flu serves as a reliable comparison with the #coronavirus outbreak, what recovery measures can be taken after the #shutdown ends, and other important debates related to the economics of this crisis. 3/
