Scarred but Wiser : World War 2's COVID Legacy

Scarred but Wiser : World War 2's COVID Legacy

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 an...

Full description

Bibliographic Details
Main Authors: Lokshin, Michael, Kolchin, Vladimir, Ravallion, Martin
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
ECONOMIC SHOCK
PANDEMIC
SOCIETAL RESPONSE
WAR DEATHS
PREPAREDNESS
PANDEMIC RESPONSE
COVID-19
CORONAVIRUS
WARTIME EXPERIENCE
Online Access:http://documents.worldbank.org/curated/en/505621606236920550/Scarred-but-Wiser-World-War-2s-COVID-Legacy
http://hdl.handle.net/10986/34836
id okr-10986-34836
recordtype oai_dc
spelling okr-10986-348362022-09-20T00:08:58Z Scarred but Wiser : World War 2's COVID Legacy Lokshin, Michael Kolchin, Vladimir Ravallion, Martin ECONOMIC SHOCK PANDEMIC SOCIETAL RESPONSE WAR DEATHS PREPAREDNESS PANDEMIC RESPONSE COVID-19 CORONAVIRUS WARTIME EXPERIENCE 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. 2020-11-30T21:56:01Z 2020-11-30T21:56:01Z 2020-11 Working Paper http://documents.worldbank.org/curated/en/505621606236920550/Scarred-but-Wiser-World-War-2s-COVID-Legacy http://hdl.handle.net/10986/34836 English Policy Research Working Paper;No. 9481 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Eastern Europe Europe
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC SHOCK
PANDEMIC
SOCIETAL RESPONSE
WAR DEATHS
PREPAREDNESS
PANDEMIC RESPONSE
COVID-19
CORONAVIRUS
WARTIME EXPERIENCE
spellingShingle ECONOMIC SHOCK
PANDEMIC
SOCIETAL RESPONSE
WAR DEATHS
PREPAREDNESS
PANDEMIC RESPONSE
COVID-19
CORONAVIRUS
WARTIME EXPERIENCE
Lokshin, Michael
Kolchin, Vladimir
Ravallion, Martin
Scarred but Wiser : World War 2's COVID Legacy
geographic_facet Europe and Central Asia
Eastern Europe
Europe
relation Policy Research Working Paper;No. 9481
description 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.
format Working Paper
author Lokshin, Michael
Kolchin, Vladimir
Ravallion, Martin
author_facet Lokshin, Michael
Kolchin, Vladimir
Ravallion, Martin
author_sort Lokshin, Michael
title Scarred but Wiser : World War 2's COVID Legacy
title_short Scarred but Wiser : World War 2's COVID Legacy
title_full Scarred but Wiser : World War 2's COVID Legacy
title_fullStr Scarred but Wiser : World War 2's COVID Legacy
title_full_unstemmed Scarred but Wiser : World War 2's COVID Legacy
title_sort scarred but wiser : world war 2's covid legacy
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/505621606236920550/Scarred-but-Wiser-World-War-2s-COVID-Legacy
http://hdl.handle.net/10986/34836
_version_ 1764481757801873408

Similar Items