NBER International Seminar on Macroeconomics: v. 7 (National Bureau of Economic Research International Seminar on Macroeconomics)

NBER International Seminar on Macroeconomics: v. 7 (National Bureau of Economic Research International Seminar on Macroeconomics)

By: Francesco Giavazzi (editor), Richard H. Clarida (editor)Paperback

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Description

The NBER International Seminar on Macroeconomics brings together leadingAmerican and European economists to discuss a broad range of current issues inglobal macroeconomics. An international companion to the more American-focused NBERMacroeconomics Annual, this particular volume offers cutting-edge research onmonetary and fiscal policy responses to macroeconomic fluctuations, with specialemphasis on tailoring a single monetary policy for the diverse economies that makeup the European Monetary Union. The individual papers examine such topics as whetherrule-based monetary policy should target price levels or inflation rates; how muchcyclical correlation across countries can be attributed to transmission betweenmultinational companies and their international affiliates; the different effects ofmonetary policy in high-debt and low-debt countries; and the prospects for the ten2004 entrants to the European Union, based on the experiences of EU entrants of the1980s.

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About Author

Richard H. Clarida is the C. Lowell Harriss Professor of Economics and professor of international affairs at Columbia University and a research associate of the NBER. Francesco Giavazzi is professor of economics at Bocconi University, a regular visiting professor at the Massachusetts Institute of Technology, and a research associate of the NBER.

Product Details

  • publication date: 18/10/2011
  • ISBN13: 9780226107387
  • Format: Paperback
  • Year: 2010
  • Number Of Pages: 500
  • ID: 9780226107387
  • ISBN10: 0226107388

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