This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … with GDP per capita: poverty accounts for a much greater share of the welfare costs in poorer countries. Finally, the … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two different scenarios for its …

This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … with GDP per capita: poverty accounts for a much greater share of the welfare costs in poorer countries. Finally, the … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two dierent scenarios for its …

welfare losses - combining mortality and poverty and expressed in terms of life-years - depends both on the choice of poverty … low welfare weight on mortality, poorer countries are found to bear a greater welfare loss from the pandemic. When poverty … and compare two important components of those losses - increased mortality and higher poverty - using years of human life …