Hoover Institution Press publishes How Monetary Policy Got Behind the Curve—and How to Get Back, edited by Hoover economists Michael Bordo, John Cochrane, and John Taylor
Wed, 03/01/2023 – 08:00
The Hoover Institution has published How Monetary Policy Got Behind the Curve—and How to Get Back, a new volume edited by prominent economists and Hoover fellows John B. Taylor, John H. Cochrane, and Michael D. Bordo.
The Hoover Institution’s annual conference on monetary policy presents an opportunity for policy makers, market participants, academic researchers, and members of the financial press to gather and discuss global economic affairs. In May 2022, with inflation on the rise in the United States and many other countries for over a year—and nearing double digits—Hoover hosted its fourteenth Monetary Policy Conference on the Stanford University campus. How Monetary Policy Got Behind the Curve—and How to Get Back is the publication of those proceedings.
The papers and discussions featured in this volume offer a range of interpretations on the Federal Reserve’s response to recent fiscal and monetary shocks brought about by the pandemic, whether it has been slow to respond with policy instruments and why, and how to reach the optimal levels of employment …read more
Source:: Hoover Institution