Central Bank Communications | Steven Davis | Mary Daly, President of the Federal Reserve Bank of San Francisco | Hoover Institution

Central Bank Communications | Steven Davis | Mary Daly, President of the Federal Reserve Bank of San Francisco | Hoover Institution

Mary Daly joins Steven Davis to discuss how the Fed communicates with the public about monetary policy. How precise should the Fed be about its actions and goals? How transparent about its reasoning and internal deliberations? How should the Fed weigh the need for flexibility in responding to unforeseen shocks against the desire for clarity and guidance? How can the Fed improve its communications? Mary and Steve also discuss the market’s reaction to Jerome Powell’s speech at the Jackson Hole Monetary Policy Symposium.

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ABOUT ECONOMICS, APPLIED

Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.

Episoder(49)

Online Buddies for Jobseekers | Steven J. Davis, Michèle Belot, Philipp Kircher | Hoover Institution

Online Buddies for Jobseekers | Steven J. Davis, Michèle Belot, Philipp Kircher | Hoover Institution

When job loss leads to a long spell of unemployment, it causes a big blow to self-esteem, a lasting drop in living standards, and serious hardship for the job loser’s family. Is there a low-cost way t...

22 Apr 49min

The Economic Price of War | Steven J. Davis, Jonathan Federle, Moritz Schularick | Hoover Institution

The Economic Price of War | Steven J. Davis, Jonathan Federle, Moritz Schularick | Hoover Institution

How does war affect national output, productivity, and consumer prices in belligerent countries and economies worldwide? Two economists, Jonathan Federle and Moritz Schularick, investigate how war and...

8 Apr 55min

America’s Mid-Life Mortality Gap | Steven J. Davis, Jonathan Skinner | Hoover Institution

America’s Mid-Life Mortality Gap | Steven J. Davis, Jonathan Skinner | Hoover Institution

Mortality rates fell sharply for college-educated Americans in recent decades but not for other Americans. Mortality trends also differ sharply between rural and urban areas of the United States and a...

25 Mar 29min

Tariffs and Trade Deficits | Steven J. Davis, Brent Neiman | Hoover Institution

Tariffs and Trade Deficits | Steven J. Davis, Brent Neiman | Hoover Institution

Tariffs: How high? Who pays? And what’s their impact on trade deficits? Steven Davis speaks to Brent Neiman about President Trump’s approach to tariff policy and the latest data on trade deficits. Whi...

25 Feb 57min

What Next for Venezuela? | Steven J. Davis, Ricardo Hausmann | Hoover Institution

What Next for Venezuela? | Steven J. Davis, Ricardo Hausmann | Hoover Institution

US military forces captured Nicolás Maduro last month, but the Chavista regime remains intact, at least for now. How can Venezuela find its way back to the rule of law, human rights, democracy, and pr...

11 Feb 50min

From Asia, with Skills and Aspirations | Steven Davis, Gaurav Khanna | Hoover Institution

From Asia, with Skills and Aspirations | Steven Davis, Gaurav Khanna | Hoover Institution

The United States has looked to Asia for software developers, scientists, engineers, and physicians in recent decades. How has that worked out for Americans? For other countries?  Immigrants from five...

28 Jan 56min

The Licensing Racket, and How to Fix It | Steven Davis, Rebecca Haw Allensworth | Hoover Institution

The Licensing Racket, and How to Fix It | Steven Davis, Rebecca Haw Allensworth | Hoover Institution

The U.S. occupational licensing system is riddled with problems and conflicts of interest. How can we fix it? Rebecca Allensworth joins Steven Davis to talk about her new book on occupational licensin...

28 Jan 54min

Cool New Work on Remote Work | Steven Davis, Nicholas Bloom | Hoover Institution

Cool New Work on Remote Work | Steven Davis, Nicholas Bloom | Hoover Institution

Nicholas Bloom joins Steven Davis to discuss cool new research presented at the annual Hoover-SIEPR conference on remote work: How much do employers save on wages when they let employees work from hom...

10 Des 202538min

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