NBER International Seminar on Macroeconomics 2006, Volume 3
Series: (NBER) National Bureau of Economic Research Conference Reports (CHUP);
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Product details:
- Edition number 2006
- Publisher University of Chicago Press
- Date of Publication 21 October 2008
- ISBN 9780226707426
- Binding Hardback
- No. of pages624 pages
- Size 238x163x29 mm
- Weight 730 g
- Language English 0
Categories
Short description:
The International Seminar on Macroeconomics (ISoM) has met annually in Europe for thirty years. This volume includes papers that discusses the relationship between prices and productivity in the OECD; monetary policy impact on inflation and output; implications of rising government debt; and, variation in real wages over the business cycle.
MoreLong description:
The International Seminar on Macroeconomics (ISoM) has met annually in Europe for thirty years. The papers included in the 2006 volume discuss the relationship between prices and productivity in the OECD; monetary policy impact on inflation and output; implications of rising government debt; the relationship between consumption and labor market tightness; variation in real wages over the business cycle; production sharing and business cycle synchronization in accession countries; and, pension systems and the allocation of macroeconomic risk.The 2007 papers discuss interest-setting and central bank transparency; expectations, monetary policy, and traded good prices; public investment and the golden rule; the role of institutions, confidence, and trusts in financial integration within EU countries; international portfolios with supply, demand, and redistributive shocks; transmission and stabilization in closed and open economies; capital flows and asset prices; and, welfare implications of financial globalization without financial development.
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