Economics at your fingertips  

Recessions and mortality: a global perspective

Sebastian Doerr and Boris Hofmann ()

No 910, BIS Working Papers from Bank for International Settlements

Abstract: Using panel data covering 180 countries over six decades, this paper shows that recessions are systematically associated with higher mortality rates. During years when GDP falls, death rates rise, primarily in emerging market and developing economies and there among children in particular. In advanced economies, death rates increase only slightly. We further nd that the scarring effects of recessions persist for several years and that deeper recessions lead to larger increases in mortality. In contrast, booms or periods of subdued growth are not associated with a marked decline in death rates. Our ndings have implications for the policy response to Covid-19 and suggest that the eventual death toll of the pandemic may be understated if the impact of the coronavirus recession is neglected.

Keywords: recession; mortality; pandemic; virus containment; lockdown; Covid-19 (search for similar items in EconPapers)
JEL-codes: E32 H12 I10 I18 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2020-12
New Economics Papers: this item is included in nep-dem and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) Full PDF document (application/pdf) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in BIS Working Papers from Bank for International Settlements Contact information at EDIRC.
Bibliographic data for series maintained by Christian Beslmeisl ().

Page updated 2022-01-27
Handle: RePEc:bis:biswps:910