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We develop a tractable general theory for the study of the economic and demographic impact of epidemics. In particular … period exogenous shocks to the survival rates. We identify three kinds of epidemics depending on how the epidemic shock …-period epidemic shock has no permanent effect on income distribution, it can perfectly alter it in the short and medium run. We then …
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The Black Death killed 40% of Europe's population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...
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: Theory, contingency, conjuncture and the Great Transition …
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