Economic Policy Working Group

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Inequality and Economic Policy

via Hoover Press
Thursday, November 5, 2015

Drawing from a 2014 Hoover Institution conference on inequality in honor of Gary Becker, a group of distinguished contributors explore various measures of inequality in America and address the issue of why it is increasing. Does the United States have an inequality problem?

A New Structure for U.S. Federal Debt

by John H. Cochrane via Economics Working Papers
Sunday, November 1, 2015

Economics Working Paper WP15108

Blank Section (Placeholder)Analysis and Commentary

The Follies Of Income Redistribution

by Allan H. Meltzervia Defining Ideas
Friday, July 17, 2015

Progressives think that taxing the rich will help the poor, but only a pro-growth economic platform can help lift them out of poverty. 

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.

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

Policy Seminar with Steven Davis

Wednesday, November 18, 2015
Annenberg Conference Room, Lou Henry Hoover Building

Steven Davis, the William H. Abbott Professor of International Business and Economics at the University of Chicago’s Booth School of Business and Visiting Fellow at the Hoover Institution, presented his work (joint with Scott Baker and Nick Bloom) on “Policy Uncertainty and Economic Performance.” 

Event

Policy Seminar with Amit Seru

Friday, November 6, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

Amit Seru, Professor of Finance at the University of Chicago’s Booth School of Business, discussed his recent work on the topic “Evidence on the Revolving Door, Regulatory Capture, and Policy Inconsistencies.”

Event

Policy Seminar with John Shoven

Wednesday, October 28, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

John Shoven, the Buzz and Barbara McCoy Senior Fellow at the Hoover Institution and Charles R. Schwab Professor of Economics at Stanford University, presented “Life in the Slow Lane: The Rate of Growth of Potential Output of the U.S. Economy.”

Event

Policy Seminar with Glenn Hubbard

Tuesday, September 29, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

Glenn Hubbard, dean and Russell L. Carson Professor of Finance and Economics at Columbia Business School, reviewed his recent book with Tim Kane, Balance: The Economics of Great Powers from Ancient Rome to Modern America. 

Event

Policy Seminar with Agustín Carstens

Monday, September 14, 2015
Lou Henry Hoover Building Room 101

Agustín Carstens, Governor of the Bank of Mexico, presented on the topic “Challenges for Emerging Economies’ Central Banks in the Face of Quantitative Easing in Advanced Economies.”

Event

Policy Seminar with Avik Roy

Monday, June 8, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

Avik Roy, a senior fellow at the Manhattan Institute and the Opinion Editor at Forbes, discussed his recent book Transcending Obamacare: A Patient Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency.

Event

Policy Seminar with George Tavlas

Wednesday, May 27, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

George Tavlas, member of the Monetary Policy Council at the Bank of Greece, discussed his recent research on the origins of Milton Friedman’s work on monetary economics and policy rules.

Event
Bank Vault
Analysis and Commentary

Central Bank Governance And Oversight Reform: A Policy Conference

Thursday, May 21, 2015
Hoover Institution, Stanford University

This conference aims to consider central bank reforms relating to governance, oversight, and effectiveness. Since the Hoover conference “Frameworks for Central Banking in the Next Century,” held in May 2014, debates about central bank policy have intensified. This second conference will be in a round-table format, with short opening presentations, a lead discussant, and general discussion.

Event

Policy Seminar on Stresses and Strains in China’s Financial System

Thursday, April 2, 2015
George Shultz Conference Room, Herbert Hoover Memorial Building

Darrell Duffie, the Dean Witter Distinguished Professor of Finance at Stanford University’s Graduate School of Business, presented his recent research on “Stresses and Strains in China’s Financial System.”

Event

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

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.

 

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.

 


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.