The Stanford GSB Corporations and Society Initiative hosted a panel discussion on April 8, just two weeks after the first $2.2 trillion CARES Act stimulus package was passed, to discuss the following question: what is the government’s responsibility and role in providing resources to help individuals and firms uphold their commitments in times of shock and crisis? GSB Finance Professors Arvind Krishnamurthy, Hanno Lustig, and Amit Seru joined moderator Professor Anat Admati to debate the objectives, policies, and implementation strategies of the U.S. government’s recent Covid-19 stimulus packages.

This video is an excerpt from the longer conversation—read a full recap here: https://casi.stanford.edu/2020/05/29/...