Peter Bofinger

Peter Bofinger
Born (1954-09-18) September 18, 1954
Pforzheim, West Germany
Nationality Germany
Field Economics
School or
tradition
New Keynesian economics
Influences John Maynard Keynes
Karl Schiller
Wolfgang Stützel

Peter Bofinger (born September 18, 1954) is a German economist and member of the German Council of Economic Experts. He is the only proponent of Keynesian economics in this council.

Bofinger is also the only member of the Council to advocate the adoption of a minimum wage in Germany: He argues that a minimum wage of €5 is necessary to prevent "wage dumping" and to ensure that full-time employment provides enough income.[1] He does not think that a minimum wage would have a negative impact on employment.[2]

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