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000423529 24500 $$aNBER macroeconomics annual$$p2005 /$$cMark Gertler and Kenneth Rogoff, editors.
000423529 2463_ $$aNational Bureau of Economic Research macroeconomics annual
000423529 24630 $$aMacroeconomics annual
000423529 260__ $$aCambridge, MA :$$bMIT Press,$$c2006.
000423529 300__ $$a1 online resource (xviii, 459 pages) :$$billustrations, charts.
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000423529 4901_ $$aNBER macroeconomics annual ;$$v2005
000423529 506__ $$aAccess limited to authorized users.
000423529 520__ $$aThis 20th edition of the NBER Macroeconomics Annual treats many questions at the cutting edge of macroeconomics that are central to current policy debates. The papers and discussions include an analysis of the differential between American and European unemployment rates, with the authors of the paper taking issue with Edward Prescott's view that higher European tax rates are responsible; a provocative account of the relationship between fluctuations in the hiring rate of new workers and the U.S. unemployment rate; an analysis of the 20-year decline in aggregate volatility (and the rise in firm volatility); a model that compares the effectiveness of monetary policy that targets inflation rates to one that targets simple wage inflation; a roadmap to using Bayesian approaches in solving empirical puzzles; and a microeconomic model that shows the desirability of maintaining a stable inflation rate even in isolated situations that would seem to call for a more flexible policy toward inflation.
000423529 588__ $$aOCLC-licensed vendor bibliographic record.
000423529 650_0 $$aMacroeconomics.
000423529 650_0 $$aEconometrics.
000423529 653__ $$aECONOMICS/Macroeconomics
000423529 655_0 $$aElectronic books
000423529 7001_ $$aGertler, Mark.
000423529 7001_ $$aRogoff, Kenneth S.
000423529 7102_ $$aNational Bureau of Economic Research.
000423529 852__ $$bebk$$hMIT Press
000423529 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/4907.001.0001$$zOnline Access through The MIT Press Direct
000423529 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
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000423529 983__ $$aOnline