We explore the connection between the distribution of particles spontaneously produced from an electric field or black hole and the vacuum persistence, twice the imaginary part of the one-loop effective action. Employing the reconstruction conjecture, we find the effective action for the Bose-Einstein or Fermi-Dirac distribution. The Schwinger effect in ${rm AdS}_2$ is computed via the phase-integral method in the static coordinates. The Hawking radiation and Schwinger effect of a charged black hole is rederived and interpreted via the phase-integral. Finally, we discuss the relation between the vacuum persistence and the trace or gravitational anomalies.
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