NBER Macroeconomics Annual 2013 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook NBER Macroeconomics Annual 2013 write by Jonathan A. Parker. This book was released on 2014-05-22. NBER Macroeconomics Annual 2013 available in PDF, EPUB and Kindle. The twenty-eighth edition of the NBER Macroeconomics Annual continues its tradition of featuring theoretical and empirical research on central issues in contemporary macroeconomics. As in previous years, this volume not only addresses recent developments in macroeconomics, but also takes up important policy-relevant questions and opens new debates that will continue for years to come. The first two papers in this year’s issue tackle fiscal and monetary policy, asking how interest rates and inflation can remain low despite fiscal policy behavior that appears inconsistent with a monetary policy regime focused only on inflation and output and not on fiscal balances as recently observed in the U.S. The third examines the implications of reference-dependent preferences and moral hazard in employment fluctuations in the labor market. The fourth paper addresses money and inflation, analyzing the long run inflation rate, the coexistence of money with pledgeable and money-like assets, and why inflation did not increase in response to business-cycle fluctuations in productivity. And the fifth looks at the stock market and how it relates to the real economy. The final chapter discusses the large and public shift towards more expansionary monetary policy that has recently occurred in Japan.
NBER Macroeconomics Annual 2003
NBER Macroeconomics Annual 2003 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook NBER Macroeconomics Annual 2003 write by Mark Gertler. This book was released on 2004. NBER Macroeconomics Annual 2003 available in PDF, EPUB and Kindle. The NBER Macroeconomics Annual presents pioneering work in macroeconomics by leading academic researchers to an audience of public policymakers and the academic community. Each commissioned paper is followed by comments and discussion. This year's edition provides a mix of cutting-edge research and policy analysis on such topics as productivity and information technology, the increase in wealth inequality, behavioral economics, and inflation.
NBER Macroeconomics Annual 2014
NBER Macroeconomics Annual 2014 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook NBER Macroeconomics Annual 2014 write by Jonathan A. Parker. This book was released on 2015-06-02. NBER Macroeconomics Annual 2014 available in PDF, EPUB and Kindle. The twenty-ninth edition of the NBER Macroeconomics Annual continues its tradition of featuring theoretical and empirical research on central issues in contemporary macroeconomics. Two papers in this year’s issue deal with recent economic performance: one analyzes the evolution of aggregate productivity before, during, and after the Great Recession, and the other characterizes the factors that have contributed to slow economic growth following the Great Recession. Another pair of papers tackles the role of information in business cycles. Other contributions address how assumptions about sluggish nominal price adjustment affect the consequences of different monetary policy rules and the role of business cycles in the long-run decline in the share of employment in middle-wage jobs. The final chapter discusses the advantages and disadvantages of the elimination of physical currency.
Political Arithmetic
Political Arithmetic - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Political Arithmetic write by Robert William Fogel. This book was released on 2013-04-15. Political Arithmetic available in PDF, EPUB and Kindle. We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn’t the case—economists simply didn’t have the necessary information or statistical tools to understand the ever more complicated modern economy. With Political Arithmetic, Nobel Prize–winning economist Robert Fogel and his collaborators tell the story of economist Simon Kuznets, the founding of the National Bureau of Economic Research, and the creation of the concept of GNP, which for the first time enabled us to measure the performance of entire economies. The book weaves together the many strands of political and economic thought and historical pressures that together created the demand for more detailed economic thinking—Progressive-era hopes for activist government, the production demands of World War I, Herbert Hoover’s interest in business cycles as President Harding’s commerce secretary, and the catastrophic economic failures of the Great Depression—and shows how, through trial and error, measurement and analysis, economists such as Kuznets rose to the occasion and in the process built a discipline whose knowledge could be put to practical use in everyday decision-making. The product of a lifetime of studying the workings of economies and skillfully employing the tools of economics, Political Arithmetic is simultaneously a history of a key period of economic thought and a testament to the power of applied ideas.
NBER Macroeconomics Annual 2012
NBER Macroeconomics Annual 2012 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook NBER Macroeconomics Annual 2012 write by Daron Acemoglu. This book was released on 2013-06-22. NBER Macroeconomics Annual 2012 available in PDF, EPUB and Kindle. The twenty-seventh edition of the NBER Macroeconomics Annual continues a tradition of featuring theoretical and empirical contributions that shed light on central issues in contemporary macroeconomics, pushing the frontiers of macroeconomic research on topics related to both the business cycle and economic growth and addressing important policy-relevant questions. This year's volume features two papers that illuminate two causes of the recent financial crisis: how firms accessed credit during the financial crisis and how the risk in mortgage lending was measured in the UK in the decades before the crisis. Other papers in this volume include a study of individual prices over time that draws out the implications of observed price adjustment for macroeconomic models of price stickiness, a focus on the implications of microeconomic estimates of labor supply for the determination of employment rates, a study of the empirical validity of the Keynesian explanation for employment declines during recessions, and an innovative paper that measures the efficacy of fiscal stimulus by looking at the economic impact of changes in federal highway spending across US states.
