Economics One » Monetary Policy

Last week at the American Economic Association meetings, held online, many papers focused on Covid-19. A good example was the session organized by Dominick Salvatore which included Jan Eberly, Ra...

https://economicsone.com/2021/01/09/electronic-commerce-non-store-sales-and-the-pandemic/

A pressing research issue with deep policy relevance concerns how econometric models should be adapted, changed, or modified in light of the COVID-19 pandemic.  A new Webinar series–Macroecono...

https://economicsone.com/2020/05/19/macroeconomic-modelling-of-pandemics-at-warp-speed/

Two months ago, on March 14, 2020, we cancelled our annual Hoover monetary policy conference at Stanford on “Central Bank Strategy Reviews and Their Global Impact” then scheduled for May 1, 2...

https://economicsone.com/2020/05/17/a-conference-that-would-have-been-and-still-will-be/

The Hoover Institution has initiated a fascinating Perspectives on Policy video series in which experienced experts give clear explanations of key policy issues assisted by the latest in animatio...

https://economicsone.com/2019/11/27/a-fast-and-fun-way-to-learn-about-rules-versus-discretion/

Four former chairs of the Fed  wrote in the Wall Street Journal today about the importance of Fed independence. I agree, but their article should have emphasized that independence is not enough....

https://economicsone.com/2019/08/06/central-bank-independence-is-not-enough/

I just spent a wonderful few days at the 2019 Africa Meeting of the Econometric Society held in Rabat, Morocco with the central bank, the Bank Al-Maghrib, providing an excellent venue.  Congratu...

https://economicsone.com/2019/07/12/africa-meeting-of-econometricians-history-revival-and-ways-forward/

Last week, after attending monetary policy conferences at Stanford, Chicago and Frankfurt, I put forth evidence in EconomicsOne.com of a revival of research on monetary policy rules for the inst...

https://economicsone.com/2019/06/25/recent-decisions-and-rules-of-the-fed/

The IMF/World Bank meetings were held in Bali last week. In addition to the many good beaches there were many good panels including one I was on with Mark Carney and Agustin Carstens. It was orga...

https://economicsone.com/2018/10/14/three-attributes-of-a-sustainable-open-and-stable-global-order/

Today is the first day of the fall quarter at Stanford, and I begin teaching Economics 1, the introductory economics course, and the course after which this blog is named. The first day is always...

https://economicsone.com/2018/09/24/econ-1-tiger-woods-and-the-crisis10/

Many have been talking about possible international contagion of the financial crisis in Turkey, and Peter Coy touched on the key issues in yesterday’s Bloomberg piece. Recent economic history ...

https://economicsone.com/2018/08/16/turkey-tantrum-contagion-not-automatic-rather-policy-dependent/