Sanjay R Singh Profile picture
Macroeconomist @sffed and @UCDavisEcon. RT's ≠ endorsements
Mar 26, 2020 6 tweets 3 min read
How do major pandemics affect economic activity in the longer term? My colleagues (Òscar Jordà, Alan Taylor) and I have a new working paper where we answer this question.

#coronavirus #COVID19 #CoronavirusPandemic #BlackDeath #SpanishFlu #SecularStagnation #NaturalRate

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Findings consistent with what economic theory prescribes? Yes. Real returns down, real wages up….

Paper here: ssingh.ucdavis.edu/uploads/1/2/3/…

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