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
Video Vox
Peter Bofinger 05 April 2020
Richard Baldwin 01 April 2020
Richard Baldwin IHEID/CEPR explains why the lessons learned from SARS have informed Asian responses to Covid-19, while others have failed to heed those warnings and make adequate preparations for the unfolding pandemic.
Taken from the CEPR / RIETI webinar 'Economics in the time of Covid-19: The economic impact on Asia', held March 24 2020
Richard Portes, Torsten Slok 28 March 2020
What's going on in the financial markets at the moment, and what does might it mean for the economy? Torsten Slok, chief economist at Deutsche Bank, and Richard Portes of the London Business School, honorary president of the CEPR, explain.
Alberto Alesina 27 March 2020
There have been more than 80,000 confirmed cases of Covid-19 and more than 8,000 deaths in Italy. Will its economy and political system be strong enough to withstand this shock, and how can policy -- domestic and European -- help?
Thorsten Beck 26 March 2020
Thorsten Beck of Cass Business School, author of a chapter in the new CEPR/VoxEU eBook on 'Mitigating the Covid Economic Crisis', talks to Tim Phillips about what governments should do to lessen the impact of the current abrupt collapse of economic activity on the availability of access to credit for firms across Europe.
Download the eBook here: Mitigating the COVID Economic Crisis: Act Fast and Do Whatever It Takes
Richard Baldwin 26 March 2020
Richard Baldwin explains the economic & epidemiological shocks brought by the COVID19 pandemic, as well as the links between flattening the medical curve and the recession curve, in this first of a series of pocket lectures about Covid-19 from https://www.heidi.news/
Enrico Perotti 25 March 2020
Enrico Perotti tells Tim Phillips that while regulatory reform means that banks are unlikely to be at risk, the same is not true for the shadow banking sector. Does this threaten financial stability, and what should policymakers do about it?
Beatrice Weder di Mauro 24 March 2020
How can euro area countries work together to protect their economies? A diverse group of economists has suggested the creation of an emergency Covid credit line. CEPR President Beatrice Weder di Mauro tells Tim Phillips how it would work.
Betsey Stevenson 23 March 2020
Textual analysis of the leading principles of economics textbooks reveals that the world students are exposed to in the books is very male.
Richard Blundell 16 March 2020
How do some workers who left school at a relatively young age with low qualifications go on to succeed in the labour market?