There is a paper out, "
The lockdown effect: A counterfactual for Sweden". It claims that had Sweden locked down, they would have reduced infections by 75% and fatalities by 38%. That would have moved Sweden from the middle of the pack of European countries to the top quintile.
This has gotten some press, mostly along the lines of "Ha ha Sweden. We told you so."
I find the methodology very interesting. They weight the statistics of the other countries pre-lockdown until it matches Sweden, and then look at the post lockdown numbers for those countries. However, I did not think the paper itself was very good. I have two main objections:
(1) There is nothing magic about Sweden. They could and should have done this for every country, showing that the technique has predictive power. Apart from validating the technique, it would have allowed them to quantify the uncertainty in the method. is it good to 1%? 10%? A factor of two?
Furthermore, there's nothing magic about now. They should be able to calculate infections vs. time and deaths vs. time and compare.with what actually happened.
(2) If a lockdown reduces infections by 75% and fatalities only by 38%, somehow it means it increases the severity of the disease. Hmmm...
Of course, one could argue maybe this is just a demographic effect - that a lockdown preferentially protects a less vulnerable population. Fair enough, but I'd expect the paper to detail this.
I think a really good paper could be written along these lines. This paper, though, IMO isn't it.