Angel, Marco del; Fohlin, Caroline; Weidenmier, Marc D. - National Bureau of Economic Research - 2021
We study the impact of the 1918 Spanish Flu on U.S. stock prices. We use the death rate to control for the impact of the global pandemic and war news reported in the New York Times to capture the positive effects of the end of World War I on stock prices. Using a new weekly hand collected NYSE...
