How can we save lives and the economy? Lessons from the Spanish Flu pandemic

This research looks into the effect of public health response on the economic severity of a pandemic. Image: REUTERS/Juan Medina

Sergio Correia
Economist, Board of Governors of the Federal Reserve System
Stephan Luck
Economist, Research and Statistics Group of the Federal Reserve Bank of New York
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The effect of NPI on mortality rate. Image: U.S. Census Bureau, Markel et al. (2007)
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NPIs include practices like social distancing. Image: Markel et al. (2007)
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March 29, 2023

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