Coronavirus crisis: now is the hour of MMT

Modern Monetary Theory has received mixed response from macroeconomists, but could the coronavirus crisis and the policy responses to it provide the perfect natural experiment to test MMT's predictions? Tim Phillips talks to Peter Bofinger, former member of the German Council of Economic Experts.
Part of CEPR & VoxEU's Covid-19 webinar and videocast series

Topics: Covid-19 Macroeconomic policy

Tags: COVID-19, MMT, Modern Monetary Theory

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Professor for Monetary Policy and International Economics, University of Wuerzburg

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