Economics One » Monetary Policy

The book is entitled HOW MONETARY POLICY GOT BEHIND THE CURVE — AND HOW TO GET BACK and is based on conference held on May 6. The conference is described here: https://economicsone.com/2022/05/...

https://economicsone.com/2022/09/02/new-book-on-the-fed-and-recent-monetary-policy/

Good in-depth interview on Bloomberg’s Triple Take with me fielding terrific questions from Caroline Hyde, Taylor Riggs, & Sonali Basak about Taylor Rule, Fed’s being behind curve, and how to...

https://economicsone.com/2022/09/01/triple-take-with-hyde-riggs-basak-taylor-rule/

The stock market reaction to the Kansas City Fed meeting in Jackson Hole today was not so pleasant. The Dow Jones Industrial Average was down over 1,000 points or by over 3 %. The S&P 500 was dow...

https://economicsone.com/2022/08/26/40-years-of-lessons-learned-jackson-hole-1982-2022/

Today the Editorial Board of the Wall Street Journal wrote that the Federal Open Market Committee has shown “little interest in reeling in what has been the most reckless monetary policy since ...

https://economicsone.com/2021/07/29/the-most-reckless-monetary-policy-since-arthur-burns/

Today I  published an article in Project Syndicate. It starts with a memo sent fifty years ago, on June 22, 1971, by Fed Chair Arthur Burns to President Richard Nixon. Inflation was rising and B...

https://economicsone.com/2021/06/25/monetary-policy-a-half-century-ago-and-now/

This week Raghu Rajan spoke at the Hoover Economics Policy Working Group on “Going the Extra Mile: Distant Lending and Credit Cycles” a joint paper João Granja and Christian Leuz. Here is a ...

https://economicsone.com/2021/06/19/amazing-new-facts-about-the-2007-2009-global-financial-crisis/

Yesterday, I gave a keynote talk at the tenth American Economic Association Conference on Teaching and Research in Economic Education (CTREE). I have been teaching economics for 53 years. I love ...

https://economicsone.com/2021/06/05/https-web-stanford-edu-johntayl-2021_pdfs-ctree-presentation_on_pandemic_and_teaching-pdf/

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/