Economic Policy Working Group

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The Unemployed with Jobs and without Jobs

by Robert E. Hall, Marianna Kudlyakvia Economics Working Papers
Thursday, June 10, 2021

Economics Working Paper 21110

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The Economic Impact of the Economic Impact Payments

by John B. Taylorvia Economics Working Papers
Tuesday, May 11, 2021

Economics Working Paper 21109

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Why Working From Home Will Stick

by Jose Maria Barrero, Nicholas Bloom, Steven J. Davisvia Economics Working Papers
Wednesday, April 21, 2021

Economics Working Paper 21108

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What Triggers Stock Market Jumps?

by Scott R. Baker, Nicholas Bloom, Steven J. Davis, Marco Sammonvia Economics Working Papers
Tuesday, April 13, 2021

Economics Working Paper 21107

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Policy Anticipation Effects in New Keynesian Models

by Vadym Lepetyuk, Lilia Maliar, Serguei Maliar, John B. Taylorvia Economics Working Papers
Monday, March 15, 2021

Economics Working Paper 21106

On the Evolution of the Rules versus Discretion Debate

by Harris Dellas, George Tavlasvia Economics Working Papers
Friday, March 5, 2021

Economics Working Paper 21105

COVID-19 Shifted Patent Applications toward Technologies that Support Working from Home

by Nicholas Bloom, Steven J. Davis, Zulia Zhestkovavia Economics Working Papers
Friday, January 8, 2021

Economics Working Paper 21102

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

Policy Seminar with Yuriy Gorodnichenko

Wednesday, June 9, 2021
Virtual Meeting

Yuriy Gorodnichenko, the Quantedge Presidential Professor of Economics at UC Berkeley, discussed “The Voice of Monetary Policy,” a paper with Tho Pham (University of Reading) and Oleksandr Talavera (University of Birmingham). John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, was the moderator.

Event

Policy Seminar with Josh Rauh

Wednesday, June 2, 2021
Virtual Meeting

Josh Rauh, Hoover Senior Fellow and the Ormond Family Professor of Finance at Stanford’s Graduate School of Business, discussed "Responses of High Earners in California to Tax Increases: Evidence from Prop 30 and the SALT Cap.” John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, was the moderator.

Event
Analysis and Commentary

Policy Seminar With John Cochrane

Wednesday, May 26, 2021
Virtual Meeting

John Cochrane, the Rose-Marie and Jack Anderson Hoover Senior Fellow, discussed “r<g,” an essay on debt and deficit. John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, was the moderator.

Event
Analysis and Commentary

Policy Seminar With Rick Hanushek

Wednesday, May 19, 2021
Virtual Meeting

Eric Hanushek, the Paul and Jean Hanna Senior Fellow at the Hoover Institution, discussed “The Economic Impacts of Learning Losses,” a paper with Ludger Woessmann (ifo Institute and University of Munich). John Cochrane, the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution, and John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, were the moderators.

Event
Analysis and Commentary

Policy Seminar With Robert Hall

Wednesday, May 12, 2021
Virtual Meeting

Robert Hall, the Robert and Carole McNeil Joint Hoover Senior Fellow and Professor of Economics at Stanford University, discussed “Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?” a paper with Marianna Kudlyak (Federal Reserve Bank of San Francisco). John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, was the moderator.

Event
Analysis and Commentary

Policy Seminar With Andrew Levin

Wednesday, May 5, 2021

Andrew Levin, Professor of Economics at Dartmouth College discussed “Do Monetary Policy Frameworks Matter in Low-Income Countries?” a paper with Alina Carare (IMF), Carlos de Resende (IMF), and Chelsea Zhang (Morgan Stanley). John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, was the moderator.

Event
Analysis and Commentary

Policy Seminar With Esteban Rossi-Hansberg

Wednesday, April 28, 2021
Virtual Meeting

Esteban Rossi-Hansberg Theodore A. Wells ’29 Professor of Economics at Princeton University, discussed “The Economic Geography of Global Warming,” a paper with José-Luis Cruz. John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, was the moderator.

Event

Policy Seminar with Tyler Goodspeed, Andrew Olmem, and John Taylor

Wednesday, April 21, 2021
Virtual Meeting

Tyler Goodspeed, Kleinheinz Fellow at the Hoover Institution and former Chairman and Vice Chairman of the Council of Economic Advisers, and Andrew Olmem, Partner at Mayer Brown, and former Deputy Assistant to the President for Economic Policy and Deputy Director of the National Economic Council, discussed “Fighting the COVID Economic Crisis: First-Hand Accounts of the Fiscal and Regulatory Response.” John Taylor, the George P. Shultz Senior Fellow at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University, was the moderator.

Event
Analysis and Commentary

Policy Seminar With David Splinter

Wednesday, April 14, 2021
Virtual Meeting

David Splinter, Economist at the Joint Committee on Taxation at the U.S. Congress, discussed "Income Inequality in the United States: Using Tax Data to Measure Long-term Trends," a paper with Gerald Auten. John Cochrane, the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution, was the moderator.

Event
Analysis and Commentary

Policy Seminar With Jonathan Berk

Wednesday, April 7, 2021
Virtual Meeting

Jonathan Berk, the A.P. Giannini Professor of Finance at the Stanford Graduate School of Business, discussed “Regulation of Charlatans in High-Skill Professions,” a paper with Jules H. van Binsbergen. John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, was the moderator.

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.