Hoover Monetary Policy Conference

The Hoover Monetary Policy Conference is an annual policy-oriented conference hosted by the Hoover Institution at Stanford University. Its primary purpose is to bring together leading academic researchers, monetary policymakers, financial market participants, and members of the media to discuss and debate crucial issues and research developments related to monetary policy.

Key aspects of the conference include:

Focus on Policy: The conference is explicitly geared towards examining current monetary policy challenges and strategies. It often delves into how theoretical research and historical experience can inform practical policymaking.

Relevant Topics: Themes frequently discussed at the conference include inflation, economic growth, financial stability, central bank frameworks and tools, and the effectiveness of various monetary policy approaches (such as policy rules like the Taylor Rule). Recent conferences have focused on issues like getting monetary policy "on track" following periods of high inflation and navigating global monetary policy challenges.

Format: The structure typically involves formal presentations of research papers, panel discussions featuring prominent figures in economics and central banking, and opportunities for in-depth discussions and debate among attendees.

Distinguished Participants: The conference attracts high-level participants, including current and former officials from the Federal Reserve and other central banks around the world, renowned economists from academia, and experts from the financial industry.

Influence: By fostering dialogue between researchers and policymakers, the conference aims to contribute to the understanding and improvement of monetary policy strategies. It has a history of examining influential concepts in monetary economics, such as the Taylor Rule, which was a focus of the 2023 conference on its 30th anniversary.

The Hoover Monetary Policy Conference serves as a significant forum for rigorous discussion and analysis of the critical issues facing central banks and the global economy, aiming to generate policy ideas that promote economic prosperity and stability.