Scarred but Wiser: World War 2's COVID Legacy

Michael Lokshin, Vladimir Kolchin and Martin Ravallion

No 9481, Policy Research Working Paper Series from The World Bank

Abstract: 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 assumptions.

Keywords: Armed Conflict; Law and Justice Institutions; Conflict and Fragile States; Leprosy; Cholera; Communicable Diseases; Avian Flu (search for similar items in EconPapers)
Date: 2020-11-24
New Economics Papers: this item is included in nep-his
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Citations: View citations in EconPapers (3)

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Working Paper: Scarred but Wiser: World War 2’s COVID Legacy (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:9481

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