Yale's Shiller on Economic Fallout From Virus, Fed Policy and Housing

The video discusses the impact of health and oil market crises, focusing on the narrative economics concept and how COVID-19 has shifted market behaviors. It explores policy responses, including monetary policy, and their effectiveness in mitigating economic damage. The discussion also covers the housing market's resilience amid these crises, highlighting low mortgage rates as a potential strength.

What role does consumer sentiment play in economic recovery during a crisis?

In what ways can international cooperation help mitigate the effects of a global health crisis on the economy?

How does the current housing market compare to previous economic crises?