Economic Policy Working Group

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COVID-19 Is Also a Reallocation Shock

by Jose Maria Barrero, Nick Bloom, Steven J. Davisvia Economics Working Papers
Thursday, June 25, 2020
Economics Working Paper 20113

Original Sin and the Great Depression

by Michael D. Bordo, Christopher M. Meissnervia Economics Working Papers
Friday, April 24, 2020
Economics Working Paper 20101
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Strategies for Monetary Policy

via Hoover Institution Press
Thursday, April 23, 2020

Assesses possible practical ways in which we might refine our existing monetary policy framework to better achieve our dual-mandate goals of full employment and price stability on a sustained basis.



The Working Group on Economic Policy brings together experts on economic and financial policy at the Hoover Institution to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals. Read more...


Archive of Working Papers on Economic Policy

Speeches and Testimony

John B. Taylor



George P. Shultz Senior Fellow in Economics
Wohlford Family Senior Fellow
Rose-Marie and Jack Anderson Senior Fellow
Leonard and Shirley Ely Senior Fellow
Senior Fellow
Senior Research Fellow
Thomas W. and Susan B. Ford Distinguished Fellow

Policy Seminar with Darrell Duffie

Wednesday, June 10, 2020
Virtual Meeting

Darrell Duffie, Dean Witter Distinguished Professor of Finance at the Stanford Graduate School of Business and Senior Fellow at the Hoover Institution, discussed his paper “Still the World’s Safe Haven? Redesigning the U.S. Treasury Market After the Covid19 Crisis.”


Policy Seminar with John Cochrane

Wednesday, June 3, 2020
Virtual Meeting

John Cochrane, senior fellow at the Hoover Institution, discussed “COVID-19 and Re-Opening the Economy.”


Policy Seminar with Andrew Filardo

Wednesday, May 27, 2020
Virtual Meeting

Andrew Filardo, visiting fellow at the Hoover Institution and economist at the Bank for International Settlements, discussed “Exchange Rate Swings, Foreign Currency Intervention, and Monetary Policy.”


Policy Seminar with Niall Ferguson

Wednesday, May 20, 2020
Virtual Meeting

Niall Ferguson, the Milbank Family Senior Fellow at the Hoover Institution, focused on a global history of several pandemics and discussed “1918, 1957, 2020: Big Pandemics and their Economic Consequences."


Policy Seminar with Valentin Bolotnyy

Wednesday, May 13, 2020
Virtual Meeting

Valentin Bolotnyy, Hoover Research Fellow and Kleinheinz Fellow, discussed “How Does Childhood Environment Affect Political Participation? Evidence from Soviet Refugees.”


Policy Seminar with Scott Atlas and John Cogan

Thursday, May 7, 2020
Virtual Meeting

Scott Atlas and John Cogan, Senior Fellows at the Hoover Institution, discussed “Remdesivir, Data, and the Economics of Coronavirus.”


Policy Seminar with Jay Bhattacharya

Tuesday, April 28, 2020
Virtual Meeting

Jay Bhattacharya, Professor of Medicine and Core faculty member at the Center for Health Policy and the Center for Primary Care and Outcomes Research, discussed his paper “COVID-19 Antibody Seroprevalence in Santa Clara County.”


Policy Seminar with Jacquelyn Schneider

Thursday, April 23, 2020
Virtual Meeting

Jacquelyn Schneider, Hoover Fellow at the Hoover Institution, discussed “A No-First-Use Cyber Policy? The Solution to the U.S. Two Threshold Cyber Strategy Problem.”

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Policy Seminar with Steve Davis

Wednesday, April 15, 2020
Virtual Meeting

Steven Davis, Senior Fellow at the Hoover Institution, Professor of International Business and Economics at the University of Chicago, and Co-Founder and Research Director of Economic Policy Uncertainty, discussed his recent research on “Measuring and Combatting the Negative Economic Impacts of Coronavirus.”


Policy Seminar with Josh Rauh

Wednesday, April 8, 2020
Virtual Meeting

On April 8, 2020, Josh D. Rauh presented on “The Fiscal Policy Response to the Coronavirus and What We've Learned” at a virtual meeting of the Hoover Working Group on Economic Policy. 



The Working Group on Economic Policy brings together experts on economic and financial policy at the Hoover Institution to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.


Working Group Meeting - March 9, 2018
Working Group Meeting - March 9, 2018

For twenty-five years starting in the early 1980s, the United States economy experienced an unprecedented economic boom. Economic expansions were stronger and longer than in the past. Recessions were shorter, shallower, and less frequent. GDP doubled and household net worth increased by 250 percent in real terms. Forty-seven million jobs were created.

This quarter-century boom strengthened as its length increased. Productivity growth surged by one full percentage point per year in the United States, creating an additional $9 trillion of goods and services that would never have existed. And the long boom went global with emerging market countries from Asia to Latin America to Africa experiencing the enormous improvements in both economic growth and economic stability.

Economic policies that place greater reliance on the principles of free markets, price stability, and flexibility have been the key to these successes. Recently, however, several powerful new economic forces have begun to change the economic landscape, and these principles are being challenged with far reaching implications for U.S. economic policy, both domestic and international. A financial crisis flared up in 2007 and turned into a severe panic in 2008 leading to the Great Recession. How we interpret and react to these forces—and in particular whether proven policy principles prevail going forward—will determine whether strong economic growth and stability returns and again continues to spread and improve more people’s lives or whether the economy stalls and stagnates.

Our Working Group organizes seminars and conferences, prepares policy papers and other publications, and serves as a resource for policymakers and interested members of the public.

Working Group Meeting - April 9, 2008
Working Group Meeting - April 9, 2008



For general questions about the Working Group, please contact John Taylor or his assistant Marie-Christine Slakey at (650) 723-9677. For media inquiries, please contact our office of public affairs.