Economic Policy Working Group

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The Fed’s Monetary Policy Exit Once Again Behind the Curve

by Michael D. Bordo, Mickey D. Levyvia Economics Working Papers
Friday, May 6, 2022

Economics Working Paper 22110

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It’s Time to Get Back to Rules-Based Monetary Policy

by John B. Taylorvia Economics Working Papers
Sunday, May 1, 2022

Economics Working Paper 22111

Minimum Wage Increases and Vacancies

by Marianna Kudlyak, Murat Tasci, Didem Tüzemenvia Economics Working Papers
Thursday, April 21, 2022

Economics Working Paper 22109

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Pandemic-Era Uncertainty

by Brent Meyer, Emil Mihaylov, Jose Maria Barrero, Steven J. Davis, David Altig, Nicholas Bloomvia Economics Working Papers
Monday, April 11, 2022

Economics Working Paper 22108

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Milton Friedman and the Road to Monetarism: A Review Essay

by George Tavlasvia Economics Working Papers
Thursday, March 31, 2022

Economics Working Paper 22107

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The Unemployed with Jobs and without Jobs

by Robert E. Hall, Marianna Kudlyakvia Economics Working Papers
Tuesday, February 15, 2022

Economics Working Paper 21110

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Dynamic Competition in the Era of Big Data

by Patrick J. Kehoe, Brad Larsen, Elena Pastorinovia Economics Working Papers
Monday, February 14, 2022

Economics Working Paper 22102

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Federal Reserve Structure and Economic Ideas

by Michael D. Bordo, Edward Prescottvia Economics Working Papers
Tuesday, February 8, 2022

Economics Working Paper 22106

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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
Analysis and Commentary

Policy Seminar With Ellen McGrattan

Wednesday, May 11, 2022
Annenberg Conference Room and Zoom Video Communications

Ellen McGrattan, professor of economics at the University of Minnesota, and director of the Heller-Hurwicz Economics Institute discussed “A Theory of Business Transfers,” a paper with Anmol Bhandari (University of Minnesota) and Paolo Martellini (University of Wisconsin).

Event

How Monetary Policy Got Behind The Curve And How To Get Back: A Policy Conference

Friday, May 6, 2022
Hoover Institution, Stanford University

The Hoover Institution hosts How Monetary Policy Got Behind The Curve And How To Get Back: A Policy Conference on Friday, May 6, 2022.

Event
Analysis and Commentary

Policy Seminar With Peter Arcidiacono

Wednesday, April 27, 2022
In-Person and Virtual Meeting

Peter Arcidiacono, Professor of Economics at Duke University discussed “What the Students for Fair Admissions Cases Reveal About Racial Preferences,” a paper with Josh Kinsler (University of Georgia) and Tyler Ransom (University of Oklahoma).

Event
Featured

Policy Seminar With Kenneth Judd

Wednesday, April 20, 2022
Kenneth Judd, the Paul H. Bauer Senior Fellow at the Hoover Institution, discussed “Optimal Dynamic Stochastic Fiscal Policy with Endogenous Debt Limits,” a paper with Philipp Mueller (University of Zurich) and Sevin Yeltekin (University of Rochester).
Event
Analysis and Commentary

Policy Seminar With Christina Parajon Skinner

Wednesday, April 6, 2022

Christina Parajon Skinner, Assistant Professor of Legal Studies and Business Ethics at the Wharton School of the University of Pennsylvania, discussed “Central Banks and Climate Change.”

Event

Policy Seminar with Hester Peirce

Wednesday, March 9, 2022
Virtual Meeting

Hester M. Peirce, Commissioner at the U.S. Securities and Exchange Commission, discussed “Is the SEC Turning into the Securities and Environment Commission?”

Event
Analysis and Commentary

Policy Seminar With Douglas Irwin

Wednesday, March 2, 2022
Virtual Meeting

Douglas Irwin, the John French Professor of Economics at Dartmouth College, discussed “The Trade Reform Wave of 1985-1995.”

Event
Analysis and Commentary

Policy Seminar With David Malpass

Wednesday, February 23, 2022
Virtual Meeting

David Malpass, President of the World Bank Group, discussed “Post-monetarism's Impact on Development Finance." 

Event
Analysis and Commentary

Policy Seminar With Jelena McWilliams

Wednesday, February 16, 2022
Virtual Meeting

Jelena McWilliams, former Chairman of the Federal Deposit Insurance Corporation (FDIC), discussed “Banking Policy in an Era of Partisanship.”

Event
Featured

Policy Seminar With Nils Karlson

Wednesday, February 2, 2022
Virtual Meeting

Nils Karlson, founding president and CEO of the Ratio Institute in Stockholm, Sweden, discussed “Statecraft and Classical Liberal Reforms," a topic based on his book Statecraft and Liberal Reform in Advanced Democracies.

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.