Podcasts Business Non-Profit Macro Musings with David Beckworth Eric Leeper on *A Fiscal Accounting of COVID Inflation*

Eric Leeper on *A Fiscal Accounting of COVID Inflation*

Published: Feb. 19, 2024, 5:01 a.m.

Eric Leeper is a professor of economics at the University of Virginia, a former advisor to central banks around the world, and a distinguished visiting scholar at the Mercatus Center. Eric is also a returning guest to the podcast, and he rejoins Macro Musings to talk about his work on the fiscal accounting of the COVID inflation surge. Specifically, David and Eric discuss fiscal dominance during the pandemic period, how the fiscal theory of the price level explains inflationary trends, the backward and forward-looking fiscal accounting exercises, and more.

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Transcript for this week\u2019s episode.

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Eric\u2019s Twitter: @EricMLeeper

Eric\u2019s UVA profile

Eric\u2019s Mercatus profile

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David Beckworth\u2019s Twitter:\xa0@DavidBeckworth

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Related Links:

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*A Fiscal Accounting of COVID Inflation* by Eric Leeper and Joe Anderson

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*Fiscal Dominance\u2014What It Is and How It Threatens Inflation Control* by Eric Leeper

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*Three World Wars: Fiscal-Monetary Consequences* by George Hall and Thomas Sargent

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*The Fiscal Theory of the Price Level With a Bubble* by Markus Brunnermeier, Sebastian Merkel, and Yuliy Sannikov

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*George Hall on the History of the U.S. National Debt and Government Financing* by Macro Musings