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10.1016/j.econlet.2021.109892

http://scihub22266oqcxt.onion/10.1016/j.econlet.2021.109892
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34002103!8116178!34002103
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suck abstract from ncbi

pmid34002103      Econ+Lett 2021 ; 204 (ä): 109892
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  • Awareness of pandemics and the impact of COVID-19 #MMPMID34002103
  • Buesa A; Perez JJ; Santabarbara D
  • Econ Lett 2021[Jul]; 204 (ä): 109892 PMID34002103show ga
  • Awareness about the occurrence of viral infectious (or other) tail risks can influence their socioeconomic inter-temporal impacts. In this regard, a branch of the literature finds that personal experiences with significant shocks can have long-lasting effects on risk-taking attitudes and the perceived probability about the occurrence of extreme, negative shocks. In this paper, we proxy the level of societal experience (awareness) in the face of the COVID-19 outbreak by past exposure of a country to epidemics, and other catastrophic events. We show that in a large cross-section of more than 150 countries, more aware societies suffered a less intense impact of the COVID-19 disease, in terms of loss of lives and, to some extent, economic damage.
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