NBER International Seminar on Macroeconomics 2012
Volume 9
NBER International Seminar on Macroeconomics 2012
Volume 9
The distinguished International Seminar on Macroeconomics has met annually in Europe for over thirty years. The topics covered in this year’s volume fall into four categories: exchange rates, global business cycles, the financial crisis, and unemployment and the Great Recession. The chapters include a study of capital-account policies that are sometimes used to peg the real exchange rate, and an analysis of panel data from OECD countries that characterizes and explains movements in house prices. Other studies explore central issues to the financial crisis, such as its impact on trade flows, the effects of official bailouts, and the nature and evolution of unemployment during the Great Recession.
Access the entire series—subscribe to the electronic edition.
512 pages | 6 x 9 | © 2012
National Bureau of Economic Research International Seminar on Macroeconomics
Economics and Business: Economics--Econometrics and Statistics, Economics--International and Comparative
Table of Contents
Jeffrey Frankel; Christopher Pissarides
1. Long-Term Barriers to the International Diffusion of Innovations
Enrico Spolaore; Romain Wacziarg
L. Rachel Ngai; Linda Tesar
2. Firm Heterogeneity, Endogenous Entry, and the Business Cycle
Gianmarco I. P. Ottaviano
Charles Engel; Paolo Pesenti
3. The Risk Content of Exports: A Portfolio View of International Trade
Julian di Giovanni; Andrei A. Levchenko
Sebnem Kalemli-Ozcan; Assaf Razin
4. The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe
Alejandro Justiniano; Claudio Michelacci
Marcus Hagedorn; Steinar Holden
5. Toward a Political Economy of Macroeconomic Thinking
Gilles Saint-Paul
Enrico Spolaore; Allan Drazen
6. The Fiscal Stimulus of 2009–2010: Trade Openness, Fiscal Space, and Exchange Rate Adjustment
Joshua Aizenman; Yothin Jinjarak
Menzie Chinn; Francesco Giavazzi
7. Flexing Your Muscles: Abandoning a Fixed Exchange Rate for Greater Flexibility
Barry Eichengreen; Andrew K. Rose
Jorge Braga de Macedo; Kenneth D. West
8. Traded and Nontraded Goods Prices, and International Risk Sharing: An Empirical Investigation
Giancarlo Corsetti; Luca Dedola,; Francesca Viani
Richard H. Clarida; Mario J. Crucini
Be the first to know
Get the latest updates on new releases, special offers, and media highlights when you subscribe to our email lists!