Scarred but wiser : World War 2's COVID legacy / Michael Lokshin, Vladimir Kolchin, Martin Ravallion

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: World Bank E-Library Archive | Policy research working paper ; 9481Publisher: [Washington, DC, USA] : World Bank Group, Europe and Central Asia Region, Office of the Chief Economist, November 2020Description: 1 Online-Ressource (circa 24 Seiten) : IllustrationenSubject(s): Genre/Form: Additional physical formats: Erscheint auch als: Scarred but Wiser: World War 2's COVID Legacy. Druck-Ausgabe Washington, D.C : The World Bank, 2020DOI: DOI: 10.1596/1813-9450-9481Online resources: Summary: The paper formalizes and tests the hypothesis that greater exposure to big shocks induces stronger societal responses for adaptation and protection from future big shocks. Support for this hypothesis is found in various strands of the literature and in new empirical tests using cross-country data on deaths due to COVID-19 and deaths during World War 2. Countries with higher death rates in the war saw lower death rates during the COVID-19 pandemic. The tests are robust to a wide range of model specifications and alternative assumptionsPPN: PPN: 1749507218Package identifier: Produktsigel: ZDB-110-WBL | ZDB-1-WBA | ZDB-110-WBO
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