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babulus | 5 years ago
It will take a good causal analysis to know if stay-home orders had a salutary effect on incidences.
The estimate of the mortality rate is not so well known as Weiss indicates. As the 1918 pandemic showed, even a 2% mortality rate can be devastating. As it is the US has had >100k excess deaths b/c of COVID-19.
Also 538 has shown good evidence that people were reducing their consumption and travel even before stay-home orders were instituted, implying such orders may have exacerbated but did not cause the big slumps in consumption and employment.
Data from the 1918 pandemic mostly demonstrated that states that implemented more stringent lockdowns had better economic recoveries.
Sweden has now had 44k cases and has the largest per capita case rate.
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