This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional … dominance of poverty over mortality is reversed in a counterfactual "herd immunity" scenario: without any policy intervention …

, despite the extensive spread of the virus, the mortality toll remains highly concentrated in high-income countries. Developing …

many lives. This paper estimates COVID-19 mortality costs over time using the value of a statistical life. Using a more … conservative estimate of the value of a statistical life income elasticity ranging from 1 to 1.4, the overall COVID-19 mortality … from USD 5.4 million to USD 15.3 million. Similarly, the COVID-19 mortality costs range from USD 6.8 million to USD 19 …