Ethics and economics: making cyclical downturns less severe: remarks at the Fourth Annual O. John Olcay Lecture on Ethics and Economics, Peterson Institute for International Economics, Washington, D.C., June 27, 2018

Eric Rosengren ()

No 133, Speech from Federal Reserve Bank of Boston

Abstract: Boston Fed President Eric Rosengren said the costs of high unemployment are disproportionately borne by those that can least afford them, and a variety of actions could be taken by policymakers to make periods of high unemployment less likely.

Keywords: ethics and economics; monetary policy; inflation range; fiscal policy; state and local spending; countercyclical; policy tools; financial shocks; economic recovery; bank regulatory policy (search for similar items in EconPapers)
Pages: 13 pages
Date: 2018-06-27
New Economics Papers: this item is included in nep-knm
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