Economic Policy Working Group

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Blank Section (Placeholder)Analysis and Commentary

Some Thoughts On International Monetary Policy Coordination

by Charles I. Plosservia Economics Working Papers
Tuesday, January 23, 2018

Economics Working Paper WP18101

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The High Cost of Good Intentions: A History Of U.S. Federal Entitlement Programs

by John F. Coganvia Books by Hoover Fellows
Friday, September 22, 2017

Federal entitlement programs are strewn throughout the pages of U.S. history, springing from the noble purpose of assisting people who are destitute through no fault of their own. Yet as federal entitlement programs have grown, so too have their inefficiency and their cost. Neither tax revenues nor revenues generated by the national economy have been able to keep pace with their rising growth, bringing the national debt to a record peacetime level.

Blank Section (Placeholder)Analysis and Commentary

Central Bank Digital Currency And The Future Of Monetary Policy

by Michael D. Bordo, Andrew T. Levinvia Economics Working Papers
Thursday, August 10, 2017

Economics Working Paper WP17104

Blank Section (Placeholder)Featured

On The Prospects For Higher Economic Growth

by John F. Cogan, R. Glenn Hubbard, John B. Taylor, Kevin Warshvia Analysis
Tuesday, July 18, 2017

Hoover and AEI economists release white paper on comprehensive economic policy reforms to achieve 3 percent growth.

Pages

About

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...

Events

Archive of Working Papers on Economic Policy

Speeches and Testimony

John B. Taylor

Books

Media

Chair
George P. Shultz Senior Fellow in Economics
Member
Senior Fellow
Rose-Marie and Jack Anderson Senior Fellow
Leonard and Shirley Ely Senior Fellow
Senior Research Fellow
Buzz and Barbara McCoy Senior Fellow
Thomas W. and Susan B. Ford Distinguished Fellow

Policy Seminar with Doug Holtz-Eakin

Friday, January 19, 2018
Annenberg Conference Room, Lou Henry Hoover Building

Doug Holtz-Eakin, President of the American Action Forum, presented a "Policy Analysis in the Trump Policy Agenda.” Doug Holtz-Eakin first gave a rundown of the current situation in Washington, then moved to issues where outside thinking could help.

Event

Policy Seminar with Thomas Hazlett

Tuesday, December 12, 2017
Annenberg Conference Room, Lou Henry Hoover Building

Thomas Hazlett, former chief economist with the US Federal Communications Commission, presented his book The Political Spectrum: The Tumultuous Liberation of Wireless Technology on the history of spectrum regulation. In the moment that “net neutrality” is revoked, essentially deciding not to apply the utility regulation regime that telephones, radio, and TV worked under for most of the last century, the subject is certainly topical.

Event

Policy Seminar with George Shultz

Tuesday, November 14, 2017
Annenberg Conference Room, Lou Henry Hoover Building

The Honorable George P. Shultz, Hoover Institution Thomas W. and Susan B. Ford Distinguished Fellow, former Secretary of Labor, Director of the Office of Management and Budget, Secretary of the Treasury, and Secretary State, presented the remarks he gave on September 15, 2017 at the Economic History Association: “Dreams Can Be Nightmares.

Event

Policy Seminar with Darrell Duffie

Monday, November 6, 2017
Annenberg Conference Room, Lou Henry Hoover Building

Darrell Duffie, Dean Witter Distinguished Professor of Finance at the Stanford Graduate School of Business, presented “Bank Debt Overhang and Financial Market Liquidity” based on an upcoming book and a series of lectures he gave at the Bank of Italy. 

Event

Policy Seminar with Lee Lockwood

Tuesday, October 31, 2017
Annenberg Conference Room, Lou Henry Hoover Building

Lee Lockwood, assistant professor of economics at the University of Virginia, faculty research fellow at the National Bureau of Economic Research (NBER), and Hoover Institution National Fellow for 2017-18, presented “Targeting with In-kind Transfers: Evidence from Medicaid Home Care.” 

Event

Policy Seminar with Lord Mervyn King

Thursday, October 12, 2017
Lou Henry Hoover Building Conference Room 115

Mervyn King, Lord King of Lothbury, Professor of Economics and Law at New York University Stern School of Business and School of Law, and former Governor of the Bank of England (2003 to 2013), gave a talk on “Brexit—An Update: Political Uncertainty and the Lessons for Economic Policy.” 

Event

Policy Seminar with Robert Kaplan

Tuesday, October 10, 2017
George Shultz Conference Room, Herbert Hoover Memorial Building

Robert Kaplan, President and CEO of the Federal Reserve Bank of Dallas, discussed “Current Economic Conditions and the Impacts of Monetary Policy.” 

Event

Policy Seminar with David Mulford

Tuesday, October 3, 2017
Annenberg Conference Room, Lou Henry Hoover Building
David Mulford, distinguished visiting fellow at the Hoover Institution, former vice chairman of Credit Suisse and former U.S. Ambassador to India, kicked off the fall policy workshop with a talk about India. The talk was informed by his time as ambassador there and also covered ideas from a paper he circulated, “Thinking Big on US-India Relations.”
Event

Policy Seminar with Agustín Carstens

Monday, August 14, 2017
Stauffer Auditorium, Herbert Hoover Memorial Building

Roundtable discussion with Agustín Carstens, former Governor of the Central Bank of Mexico and former Finance Minister of Mexico, now Managing Director of the Bank for International Settlements. He discussed policy ideas and proposals to improve the international financial system, including monetary, regulatory, and governance issues.

Event

Policy Seminar with Raghuram Rajan

Tuesday, June 20, 2017
Annenberg Conference Room, Lou Henry Hoover Building

Raghuram Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth, former Governor of the Reserve Bank of India, and former Chief Economist and Director of Research at the International Monetary Fund, discussed “What Explains the Rise of Populist Nationalism? Some Speculative Thoughts.”

Event

Pages

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

 


Contacts

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