というNBER論文が上がっている(本文も読める)。原題は「Longer-run Economic Consequences of Pandemics」で、著者はÒscar Jordà(SF連銀)、Sanjay R. Singh(UCデービス)、Alan M. Taylor(同)。 以下はその結論部。 Summing up our findings, the great historical pandemics of the last millennium have typically been associated with subsequent low returns to assets, as far as the limited data allow us to conclude. These responses are huge. Smaller responses are fou