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UK fact of the day

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UK fact of the day

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#COVID19 mortality in UK hospital patients has been falling steadily from >6% in March to ~1% now, with similar trends elsewhere. The reasons behind this pattern remain unclear, but #COVID19 Infection Fatality Rates will likely have to be revised downward. tinyurl.com/ybnlmkdz

UK fact of the day 2

That is from Francis Balloux.  And again here is the source link.  And please do not conclude the virus is becoming less dangerous, that is not a necessary implication of the above!  Alternative explanations are given at the latter link.  Most broadly, I will say it again: if your model does not have long-run elasticities as much greater than short-run elasticities, it is likely to be off in some significant ways.

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