Robert E. Hall
Robert
and Carole McNeil Joint Hoover Senior Fellow and Professor of Economics
Stanford
University
Mailing Address:
I gave the
Phillips Lecture at the
London School of Economics in April 2016, titled
Hoover Institution
“Understanding the Stagnation of Modern
Economies.” Here is the paper derived from
the lecture, plus the data.
Stanford University
Here is the video and here is the podcast. Here are
the slides, which are
not generally visible in the video.
Stanford, CA 94305-6010
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Directions and Map to Office
Recently I was interviewed by David Beckworth for his blog, Macro and Other Market Musings,
which includes such
topics
as NBER recession dating, zero lower bound, secular stagnation, and monetary
policy.
E-Mail (preferred form of communication): ______________________________________________________________________________________________
Tel: (650) 723-2215
Assistant/Webmaster:
Charlotte Pace
(650) 723-3939
Photo by Susan E. Woodward
I’m an applied economist with interests in employment,
technology, competition, and economic policy in the aggregate economy and in
particular markets.
I served as President of the American Economic
Association for the year 2010. I presented the Ely Lecture to the Association
in 2001 and served as Vice President in 2005. I’m a member of the National Academy
of Sciences, Distinguished Fellow of the AEA, and fellow of the American
Academy of Arts and Sciences, the Econometric Society, and the Society of Labor
Economists.
Along with my Hoover Institution
colleague Alvin Rabushka, I
developed a framework for equitable and efficient consumption taxation. Our
article in the Wall Street Journal in December 1981 was the starting
point for an upsurge of interest in consumption taxation. Our book, The
Flat Tax (free download from the Hoover Institution
Press) spells out the proposal. We were recognized in Money magazine’s
Hall of Fame for our contributions to financial innovation.
Marc Lieberman and I have a college textbook, Economics:
Principles and Applications, now in its sixth edition.
I also served as director of the research
program on economic fluctuations and growth of the National Bureau of Economic Research
from 1977 through 2013. I continue to serve as chairman of the Bureau's
Committee on Business Cycle Dating, which maintains the semiofficial chronology
of the U.S. business cycle.
I have advised a number of government agencies
on national economic policy, including the Justice Department, the Treasury
Department, the Federal Reserve Board, and the Congressional Budget Office,
where I serve on the Advisory Committee. I served on the National Presidential
Advisory Committee on Productivity. I have testified on numerous occasions
before congressional committees concerning national economic policy.
Before coming to Stanford’s Hoover Institution
and the Department of Economics
in 1978, I taught at the Massachusetts Institute of Technology and at the
University of California, Berkeley. I was born in Palo Alto, attended school
there and in Los Angeles, received my B.A. from the University of California,
Berkeley, and my Ph.D. from the Massachusetts Institute of Technology.
In a 1976 paper, I introduced
the distinction between fresh-water and salt-water economists. Bloggers using
these terms are asked to contribute $1 to a fund that sends graduate students
to MIT for one year and to the University of Minnesota for a second year.
I am married to economist Susan Woodward,
chairman of Sand Hill Econometrics,
and live in Menlo Park, California. Visit our blog for
pictures and information about our visits to places with villages, ruins, and
good food.
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Everything I’ve ever written, plus data for
many projects:
Selected published and
forthcoming papers
My big bib file (.bib file containing all my publications,
plus many others in macro and other branches of applied micro)
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Article
about me in Region magazine (with good
pictures)
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Discussions and other
presentations
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Classes and Seminars
Econ 234 Winter 2015
Econ 310
Macroeconomics Seminar
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NBER Business Cycle Dating Committee
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Other Links
Beamer code to make uncluttered
good-looking slides
BLS File Showing Series Codes for CPS
Hours Data
Hall and Woodward’s Analysis of the
Financial Crisis and Recession (archive
only)
Managing Your Career as an Economist after
Tenure (from Newsletter
of the AEA Committee on the Status of Women in the Economics Profession,
Winter 2009)
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