The coronavirus crisis is taking a serious toll on the economy. Job losses are mounting, and the stock market has declined sharply during the past few weeks.
Timothy Kehoe, the distinguished McKnight Professor in the Department of Economics at the University of Minnesota discusses the current economic situation with Jim du Bois in the latest episode of the Dialogue MN podcast.
Note: Kehoe's phone connection is a little shaky, so it's best to listen to this episode with headphones.
Note: The opinions and perspectives of Professor Kehoe do not necessarily reflect those of the Minneapolis Federal Reserve Bank or the Federal Reserve System.