Recessions cause substantial economic pain through elevated unemployment and financial distress for individuals, families, and businesses. Monetary policy is a primary tool that U.S. policymakers use to support the macroeconomy and reduce the pain of economic downturns. Equitable Growth works to improve our understanding of how monetary policy affects the business cycle, unemployment, and inequality to deliver robust, broad-based economic growth.
Featured work
The coronavirus recession and economic inequality: A roadmap to recovery and long-term structural change
April 16, 2020
April 16, 2020
Good U.S. monetary policy can’t fix bad U.S. fiscal policy
February 18, 2020
February 18, 2020
Why Americans need to know more about the Federal Reserve
January 28, 2020
January 28, 2020
The most exposed workers in the coronavirus recession are also key consumers: Making sure they get help is key to fighting the recession
April 8, 2020
April 8, 2020
In Conversation with Atif Mian
January 14, 2019
January 14, 2019
Planning for the next recession by reforming U.S. automatic stabilizers
May 16, 2019
May 16, 2019
Explore Content in Monetary Policy193
The hidden costs of stock-market-first U.S. economic policies
September 22, 2020
September 22, 2020
Main Street’s workers, families, and small businesses are now suffering as Wall Street prospers from policies to fight the coronavirus recession
September 17, 2020
September 17, 2020
Recessions during young adulthood and U.S. racial income inequality
August 28, 2020
August 28, 2020
Monetary policy and firm heterogeneity in the United States
August 28, 2020
August 28, 2020
Mark-ups, labor market inequality, and the distributional implications of monetary policy
August 28, 2020
August 28, 2020
Expert Focus: Leading Black scholars on U.S. economic inequality and growth (Part 2)
July 20, 2020
July 20, 2020
Expert Focus: Leading Black scholars on U.S. economic inequality and growth
June 22, 2020
June 22, 2020
U.S. income inequality is worse and rising faster than policymakers probably realize
May 27, 2020
May 27, 2020
Coronavirus recession: How to get the U.S. economy back on track
May 26, 2020
May 26, 2020
For an equitable recovery, federal relief to deal with the coronavirus recession must be transparent to the U.S. public
May 13, 2020
May 13, 2020
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