Template-Type: ReDIF-Paper 1.0
Author-Name: Sebastian Doerr
Author-X-Name-First: Sebastian 
Author-X-Name-Last: Doerr
Author-Name: Boris Hofmann
Author-X-Name-First: Boris 
Author-X-Name-Last: Hofmann
Title: The recession-mortality nexus and Covid-19
Abstract: Countries with a stronger predicted GDP decline in 2020 have also seen a larger number of deaths in excess of official Covid-19 fatalities. Historical data show that recessions are systematically associated with higher mortality, especially in developing economies. Following a recession, death rates remain elevated for several years. The eventual death toll of Covid-19 may be understated if the impact of the pandemic-induced recession is neglected. Limiting the economic fallout of the pandemic could also reduce excess mortality.
Length: 9 pages
Creation-Date: 2020-12-15
File-URL: https://www.bis.org/publ/bisbull35.pdf
File-Format: Application/pdf
File-Function: Full PDF document
File-URL: https://www.bis.org/publ/bisbull35.htm
File-Format: text/html
Number: 35
Handle: RePEc:bis:bisblt:35