Economic Policy Working Group

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Analysis and Commentary

The Economic Effects Of A Fiscal Consolidation Strategy

featuring John B. Taylorvia U.S. House Committee on the Budget
Wednesday, June 17, 2015

Hoover Institution fellow John B. Taylor gives his testimony before the Congressional Committee on the Budget regarding bringing the U.S. federal budget back into balance.

Analysis and Commentary

IMF Reforms And Global Economic Stability

featuring John B. Taylorvia U.S. House Committee on Financial Services
Wednesday, June 17, 2015

Hoover Institution fellow John B. Taylor gives his testimony before the Congressional Subcommittee on Monetary Policy and Trade regarding global monetary policy.

A Tractable Framework for Analyzing A Class Of Nonstationary Markov Models

by Lilia Maliar, Serguei Maliar, John B. Taylor, Inna Tsenervia Economics Working Papers
Monday, May 18, 2015

Economics Working Paper WP15105

Requirements for the Fed to Describe Its Strategy

featuring John B. Taylorvia The Committee on Banking, Housing, and Urban Affairs, United States Senate
Tuesday, March 3, 2015

Hoover Institution fellow John Taylor's testified before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, on March 3, 2015.

Analysis and Commentary

A Recovery Waiting To Be Liberated

by John B. Taylorvia Wall Street Journal
Tuesday, March 3, 2015

Bad government policy has kept the economy caged. Here’s how to spur growth quickly.

Analysis and Commentary

It’s Not About Conspiracy Theorizing, It’s About Effectiveness

by John B. Taylorvia Economics One
Friday, February 13, 2015

Yesterday Paul Krugman took some pot shots at an op-ed that Paul Ryan and I wrote nearly five years ago—an op-ed that was critical of quantitative easing. Here’s why Krugman missed his mark and the QE critics are correct.

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
Participants
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 on Unfunded Retiree Healthcare: The Elephant in the Room

Thursday, March 5, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

Bob Pozen, Senior Lecturer at Harvard Business School and Senior Fellow at the Brookings Institution, discussed his work on “Unfunded Retiree Healthcare: The Elephant in the Room.”

Event

Policy Seminar on Lessons from the History of U.S. Trade Policy

Thursday, February 26, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

Douglas Irwin, the John Sloan Dickey Third Century Professor in the Social Sciences at Dartmouth College, discussed “Lessons from U.S. Trade Policy History.” 

Event

Policy Seminar on Labor Market Fluidity and Economic Performance: The Policy Implications

Thursday, February 19, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building
Steven Davis, the William H. Abbott Professor of International Business and Economics at the University of Chicago’s Booth School of Business, discussed his work with John Haltiwanger on “Labor Market Fluidity and Economic Performance.”
Event

Policy Seminar on a review of the Bank of England’s transparency practices

Monday, February 9, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

Kevin Warsh, distinguished visiting fellow at Stanford University’s Hoover Institution and lecturer at Stanford’s Graduate School of Business, discussed his recent experience in being appointed by the Bank of England to review its practices and procedures relating to transparency in monetary policy. 

Event

Policy Seminar on A New Structure for U.S. Federal Debt

Wednesday, January 28, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building
John Cochrane, senior fellow at the Hoover Institution and the AQR Capital Management Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business, discussed his work on “A New Structure for U.S. Federal Debt” (see http://faculty.chicagobooth.edu/john.cochrane/research/papers/Cochrane_US_Federal_Debt.pdf.)
Event

Policy Seminar on the Federal Reserve Credibility and Reputation in Historical Perspective

Tuesday, January 20, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building
Michael Bordo, Distinguished Visiting Fellow at Hoover and Professor of Economics and Director of the Center for Monetary and Financial History at Rutgers University, discussed his recent work on “Federal Reserve Credibility and Reputation in Historical Perspective.”
Event

Policy Seminar on The Political Economy of European Economic Stagnation

Thursday, January 15, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building
Jesús Fernández-Villaverde, professor at the University of Pennsylvania, discussed his work in collaboration with Lee Ohanian on “The Political Economy of European Economic Stagnation.”
Event

Policy Seminar on How Adam Smith Can Change Your Life

Wednesday, December 10, 2014
George Shultz Conference Room, Herbert Hoover Memorial Building
Russell Roberts, the John and Jean De Nault Hoover Research Fellow, discussed his recent book, How Adam Smith Can Change Your Life.
Event

Policy Seminar on “The Economics of Counterinsurgency: Winning, Leasing, and Losing Hearts and Minds.”

Thursday, December 4, 2014
George Shultz Conference Room, Herbert Hoover Memorial Building

Joseph Felter, Research fellow at Hoover, Senior research scholar at CISAC, and retired US Army colonel) discusses "The Economics of Counterinsurgency: Winning, Leasing, and Losing Hearts and Minds."

Event
Across the Great Divide: New Perspectives on the Financial Crisis
In the News

Across the Great Divide: New Perspectives on the Financial Crisis

Wednesday, November 5, 2014
Hoover Institution, Washington DC

The Hoover Institution and the Brookings Institution cordially invite you to a discussion of the newly released book Across the Great Divide: New Perspectives on the Financial Crisis. 

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

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.