The risk of recurrent outbreaks following the main waves of a pandemic has been acknowledged. We provide evidence of … the scale and duration of this outbreak risk. We compile municipal public health records and use national data to model … the stochastic process of mortality rates after the main pandemic waves of two historical pandemics across multiple …

We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an … epidemic model and link valuations to infections via an asset-pricing framework with vaccines. Infections lower earnings growth …

We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an … epidemic model and link valuations to infections by using an asset-pricing framework that accounts for vaccines. Infections …

We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an … epidemic model and link valuations to infections via an asset-pricing framework with vaccines. Infections lower earnings growth …