ECONtribute professors Felix Bierbrauer, Axel Ockenfels, and Martin Hellwig are part of the Scientific Advisory Board which advises the German Federal Ministry of Economics and Energy independently in form of letters and expert opinions on economic policy issues. This week, the Scientific Advisory Board published a report on the economics of the Corona Crisis. They welcome the fact that the Federal Government and the Federal Ministry of Economics and Energy acted quickly and decisively to bring the epidemic under control and limited the massive impact on the economy. Compared with many other countries, Germany has so far mastered these challenges well. The Board discusses challenges in the wake of the corona pandemic, ranging from measures to help companies and employees, through economic and structure-building impulses and makes proposals on existing and future instruments.
You can find the letter in German here.