Joined May 2013
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2024 BOJ-IMES Conference(contents) : IMES, Bank of Japan imes.boj.or.jp/en/conference… #IMES

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John B. Taylor retweeted
Day 2 of #HISPBC: "Monetary rules provide guidance and accountability for central bank officials. When adopted, rules result in more predictable policy outcomes," say Hoover fellow @EconomicsOne.
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John B. Taylor retweeted
Thirty years after the Taylor rule was published, @AtlantaFed's website features the Taylor Rule Utility. This Economy Matters articles examines the prime spot in the town square of monetary policy discussions for @EconomicsOne, economist John B. Taylor. atlfed.org/3Qsc7Xw
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John B. Taylor retweeted
I’m looking forward to comparing the tone of this year’s conference to last year’s conference. Last year everyone was emphatic about raising the federal funds rate. This year’s theme is “getting back on track.” (Cc: @HooverInst)
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John B. Taylor retweeted
Today is the 13th annual #HooverFedConference organized by @EconomicsOne. First session: The 30th Anniversary of the Taylor Rule. @JohnHCochrane, @RichardClarida, John Lipsky, and @WielandVolker offering remarks about the impact and robustness of the Taylor Rule.
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John B. Taylor retweeted
Isabel Schnabel, Jackson Hole, August 2022 "A cardinal principle of optimal policy..is to raise nominal rates by more than the change in expected inflation – the Taylor principle" if not "monetary policy will be ineffective in dealing with high inflation" ecb.europa.eu/press/key/date…
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John B. Taylor retweeted
15 Jan 2023
@EconomicsOne thinks the rate won’t stop at 5% and I tend to agree because inflation is very sticky and takes a while to come down to 2-3% target. Recession started in Q1 already, I think. Just my quick guess..
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The persistence of inflation.
26 Dec 2022
<the politics of language> The Financial Times' favored words this year!
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John B. Taylor retweeted
I just saw this... Thanks a lot for retweeting @EconomicsOne! I also show how simultaneously accounting for household heterogeneity and people's behavioral biases can help us to understand the current high inflation rates Link to the paper: opfaeuti.github.io/website/B…

This JMP develops a new model with heterogeneity & bounded rationality to show how monetary policy affects the economy. People with higher MPCs are more exposed to monetary policy, amplifying current policy effects, implying weaker future policy impact. .x.com/econ_jmp/status/159145…
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How are demography & monetary policy related? This JMP paper builds a new model where old people consume a bigger share of price-rigid goods; output responds more to shocks. Aging increases the impact of monetary shocks & grows over time. Thus, an answer. x.com/econ_jmp/status/159234…

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This JMP develops a new model with heterogeneity & bounded rationality to show how monetary policy affects the economy. People with higher MPCs are more exposed to monetary policy, amplifying current policy effects, implying weaker future policy impact. .x.com/econ_jmp/status/159145…

This tweet is unavailable
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John B. Taylor retweeted
Shadow Open Market Committee with special guests John Taylor (@EconomicsOne) and Don Kohn Friday November 11 830am-2pm Yale Club NYC or via Zoom RSVP via bulkmail.manhattan-institute…

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John B. Taylor retweeted
On Oct. 5th, the @HooverInst hosted a policy seminar with William Poole, former President of the @stlouisfed and Member of the Federal Open Market Committee, moderated by Hoover fellow @EconomicsOne. Watch now: hvr.co/3Mf4qjf
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