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 (e.rosengren@comcast.net)

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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