Speech

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

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;

Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Speech

Publication Date: 2018-06-27

Number: 133