This paper explores the macroeconomic implications of the COVID-19 pandemic in the WAMZ and discusses measures that could be employed to mitigate the adverse economic effects of the pandemic to preserve the gains already achieved towards regional integration. It identifies the channels through...

This study quantifies the economic impacts of SARS on the four affected Asian economies and the two most affected Chinese regions using synthetic control methods with macroeconomic and remote-sensing nightlight data. For the four affected economies (China, Hong Kong, Taiwan, and Singapore), we...

The influenza pandemic of 1918 drastically affected colonial Korea infecting approximately 7.4 million people (44.3% of the total population) and killing approximately 140,000. This study examines the effect of fetal exposure to the pandemic on educational attainment, specifically, years of...

The influenza pandemic of 1918 drastically affected colonial Korea infecting approximately 7.4 million people (44.3% of the total population) and killing approximately 140,000. This study examines the effect of fetal exposure to the pandemic on educational attainment, specifically, years of...

We evaluate the 1968 H3N2 Flu pandemic’s economic cost in a cross-section of 52 countries. Using excess mortality rates as a proxy for the country-specific severity of the pandemic, we find that the average mortality rate (0.0062% per pandemic wave) was associated with declines in consumption...

We evaluate the 1968 H3N2 Flu pandemic’s economic cost in a cross-section of 52 countries. Using excess mortality rates as a proxy for the country-specific severity of the pandemic, we find that the average mortality rate (0.0062% per pandemic wave) was associated with declines in consumption...