ABSTRACT
As was true for many others, my professional life was turned upside down in the early days of the pandemic. The crisis touched almost every field in economics: international supply chains broke down, economic activity was heavily constrained either by non-pharmaceutical measures to fight the pandemic or by voluntary action, and the labour market experienced unprecedented levels of short-time work and huge (temporary) lay-offs. Governments struggled to provide cash and find ways to compensate affected people and businesses. Financial markets tumbled and monetary policy faced new challenges on top of an already tense situation.
ABSTRACT
Ein Gespräch über wirtschaftspolitische Eingriffe und wissenschaftliche Politikberatung in der Corona-Pandemie sowie über Krisenerfahrungen, Risikoaversion und Generationengerechtigkeit.Alternate abstract:A conversation about economic policy interventions and scientific policy advice in the corona pandemic as well as crisis experiences, risk aversion and intergenerational justice.