Friday, December 7, 2018

The 2008 Financial Crisis: Recession

Transcript
Transcript

Revisiting the 2008 Financial Crisis: The Recession (Transcript)

by John B. Taylorvia Revisiting the 2008 Financial Crisis
Friday, December 21, 2018

The transcript of the session “Workshop Series on the 2008 Financial Crisis: The Panic,” at the Hoover Institution, Stanford University on December 7, 2018. Chaired by John Taylor with opening presentations by Caroline Hoxby, John Taylor, John Cochrane, and Bob Hall, followed by a general group discussion.

Papers And Presentations
Papers And Presentations

Labor Market Adjustment

by Caroline M. Hoxbyvia Revisiting the 2008 Financial Crisis
Friday, December 7, 2018

Today, there is suggestive evidence that policies during the recession failed to promote labor market adjustment, leading to permanently lower worker hours.

Papers And Presentations

Fiscal Stimulus Programs During the Great Recession

by John B. Taylorvia Revisiting the 2008 Financial Crisis
Friday, December 7, 2018

Remarks prepared for the “Recession” Session at the “Workshop Series on the 2008 Financial Crisis: Causes, The Panic, The Recession, Lessons”

Comments and Related Research
Comments and Related Research

QE and ZLB: Decisive Experiments for Monetary Economics

by John H. Cochrane via Revisiting the 2008 Financial Crisis
Friday, December 7, 2018

Quantitative Easing (QE) = Large Scale Asset Purchases, issue reserves. But, does QE “Work?” And to what end?

Comments and Related Research

Comments at the Session on the Recession

by Michael J. Boskinvia Revisiting the 2008 Financial Crisis
Friday, December 7, 2018

The general point is that there is much complementary evidence/analysis to the specific studies and uses of a macromodel mentioned by Taylor, so the conclusions should not be deemed exclusively dependent on that model.

About the Workshop