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Lawrence H. Summers
February 2020, Paper: "Until the 2008–09 financial crisis, macroeconomic stabilization policy focused nearly exclusively on monetary policy. It made good sense. In terms of…
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Lawrence H. Summers
On Secular Stagnation in the Industrialized World. Lawrence Summers, August 2019, Paper, "We argue that the economy of the industrialized world taken as a whole is currently – and…
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Lawrence H. Summers
Evolution or Revolution? Rethinking Macroeconomic Policy after the Great Recession. Lawrence Summers, 2019, Book, "Leading economists discuss post–financial crisis policy dilemmas…
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Lawrence H. Summers
Fed needs to be mindful of lags between monetary policy and real economy. Lawrence Summers, October 5, 2018, Video, "Lawrence Summers, former Treasury secretary under President…
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Lawrence H. Summers
Too-Tight Fed Policy Greater Risk Than Inflation. Lawrence Summers, July 1, 2018, Video, "Former U.S. Treasury Secretary Lawrence Summers said Federal Reserve interest-rate hikes…
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Lawrence H. Summers
Continuing Relevance of Secular Stagnation. Lawrence Summers, March 13, 2018, Paper, "With the election of Donald Trump, increases in interest rates and stock prices and a…
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Lawrence H. Summers
Jerome Powell’s challenge at the Fed. Lawrence Summers, February 4, 2018, Opinion, "Janet L. Yellen has completed her term with unemployment much lower than it was when she began…
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Lawrence H. Summers
Should the Fed stick with the 2 percent inflation target or rethink it? Lawrence Summers, January 8, 2018, Video, "There is debate (mainly among those familiar with monetary…
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Lawrence H. Summers
The Fed thinks it can fight the next recession. It shouldn’t be so sure. Lawrence Summers, September 8, 2016, Opinion, "As I argued in the first blog post in this series last week…
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Lawrence H. Summers
Secular Stagnation in the Open Economy. Lawrence Summers, April 2016, Paper. "Conditions of secular stagnation - low interest rates, below target inflation, and sluggish output…