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Taylor came up with a relatively simple equation relevant to central bank benchmark rate decisions. The formula describes the interrelation among inflation, an inflation target, and current economic output versus its potential. It’s known today as the Taylor rule. See item >>
Al Roth, the Craig and Susan McCaw Professor of Economics, has been honored as President-elect of the American Economic Association (AEA) for 2016.
Stanford has lured an all-star lineup of economists to Palo Alto in the last few years —
Nathan Rosenberg, the Fairleigh S. Dickinson Jr. Professor of Public Policy, Emeritus, in Stanford's Department of Economics, died Aug. 24 at the Vi at Palo Alto, at the age of 87.
Stanford Emeritus Professor Masahiko Aoki passed away on July 15.
