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Books > Business & Economics > Economics > Macroeconomics
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NBER International Seminar on Macroeconomics 2007, Volume 4 (Hardcover)
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Discovery Miles 26 070
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NBER International Seminar on Macroeconomics 2007, Volume 4 (Hardcover)
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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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