Topic Monetary Policy

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

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Why measuring inflation is surprisingly challenging

Tax & Macroeconomics
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U.S. inflationary trends amid the COVID-19 pandemic

Tax & Macroeconomics
TOPICS: Monetary Policy
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What are the distributional effects of monetary policy?

Tax & Macroeconomics
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The impact of different inflationary pressures due to income inequality and racial disparities in the United States today

Inequality & MobilityTax & Macroeconomics
Vision 2020

Good U.S. monetary policy can’t fix bad U.S. fiscal policy

Inequality & MobilityTax & Macroeconomics
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Planning for the next recession by reforming U.S. automatic stabilizers

Tax & MacroeconomicsFamiliesLabor

Explore Content in Monetary Policy249

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Request for Proposals: How effective was the fiscal response to the COVID-19 recession for workers?

CompetitionLaborTax & MacroeconomicsFamiliesInequality & Mobility
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Testimony by Michael Linden before the Joint Economic Committee

Tax & Macroeconomics
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Request for proposals: Research grants for early career scholars

CompetitionLaborTax & MacroeconomicsFamiliesInequality & Mobility
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Employment scarring research suggests benefits for aggressive U.S. fiscal policy in response to recessions

Tax & Macroeconomics
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Geospatial Heterogeneity in Inflation: A Market Concentration Story

CompetitionTax & Macroeconomics
grant

Microeconomic and Macroeconomic Implications of Wage Rigidity

Tax & MacroeconomicsLabor
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What monetary and fiscal policy can tell us about the U.S. recovery from the COVID-19 recession

Tax & Macroeconomics
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Seven ways the inflation debate in the United States has changed since last year and how the Fed can now recalibrate its monetary policy

Tax & MacroeconomicsLabor
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Why measuring inflation is surprisingly challenging

Tax & Macroeconomics
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Summary of Equitable Growth’s March ‘Econ 101’ briefing on inflation for Capitol Hill staffers

Inequality & MobilityTax & Macroeconomics
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Inflation, Federal Reserve policymaking, and liquidity traps

Tax & Macroeconomics
TOPICS: Monetary Policy
working paper

Money Demand and Income Inequality: International Evidence using a Century of Data

Tax & Macroeconomics
TOPICS: Monetary Policy
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