The Hoover Institution hosted the "Elections, Policymaking, And Economic Uncertainty" on Tuesday, September 13, 2016 from 9:00am - 7:30pm. The event video is below.
The democratic decision-making process is often messy and fraught with uncertainty about outcomes and consequences. The current U.S. presidential election cycle underscores this fact. Other stark examples include the extended political deadlock in Spain after its recent national elections and the recent referendum on Brexit.
What are the political, economic, and social forces that give rise to episodes of heightened uncertainty about election outcomes and consequences? How do electoral arrangements and other institutions dampen or amplify the underlying sources of anxiety and uncertainty. What are the economic consequences of the uncertainties surrounding elections and other aspects of democratic decision-making?
To explore these and related questions, the University of Chicago's Becker Friedman Institute and Stanford University's Hoover Institution hosted this one-day conference, concluding with a panel of distinguished speakers.
VIDEO
| Agenda: TuesDAY, September 13 | |||
|---|---|---|---|
| Time | Content | Presenters | Discussant / MODERATOR |
| 9:00 AM - 9:45 AM | Continental Breakfast | -- | -- |
| 10:00 AM - 11:00 AM | Economic Policy Uncertainty and the Credit Channel: Aggregate and Bank Level US Evidence over Several Decades Presentation Slides |
Michael Bordo; Rutgers University View Research |
Discussant: Charles Calomiris Moderator: Lars Peter Hansen; University of Chicago |
| 11:00 AM - 11:15 AM | Break | -- | -- |
| 11:15 AM - 12:15 PM | Going to Extremes: Politics after Financial Crisis, 1870-2014 Presentation Slides |
Moritz Schularick; University of Bonn View Research |
Discussant: Jesús Fernández-Villaverde Moderator: Lars Peter Hansen; University of Chicago |
| 12:15 Pm - 1:30 PM | Lunch | -- | -- |
| 1:30 PM - 2:30 PM | Institutions, Volatility and Growth Presentation Slides |
Hannes Mueller; Institute of Economic Analysis View Research |
Discussant: Youngsuk Yook; Board of Governors of the Federal Reserve System Moderator: Steven J. Davis; University of Chicago Booth School of Business |
| 2:30 PM - 2:45 PM | Break | -- | -- |
| 2:45 PM - 3:45 PM | Managing Political Risk Presentation Slides |
Tarek Hassan; University of Chicago Booth School of Business Presentation Slides |
Discussant: Scott R. Baker Moderator: Steven J. Davis; University of Chicago Booth School of Business |
| 3:45 PM - 4:45 PM | Importing Political Polarization? The Electoral Consequences of Rising Trade Exposure Presentation Slides |
Kaveh Majlesi; Lund University View Research |
Discussant: Nolan McCarty Moderator: Steven J. Davis; University of Chicago Booth School of Business |
| 5:00 PM - 5:30 PM | Reception | -- | -- |
| 5:30 PM - 7:00 PM | Closing Panel Uncertainty in Regulatory, Fiscal and Monetary Policy |
Panel Discussion | Moderator: John Taylor; Hoover Institution, Stanford University Panel Steven Davis; The University of Chicago Booth School of Business Christopher DeMuth; Hudson Institute Alan Greenspan; Greenspan Associates |
| 7:00 PM - 7:30 PM | Reception | -- | |
