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NBER International Seminar on Macroeconomics 2004

Editor

Listed:
  • Richard H. Clarida
    (Columbia University)

  • Jeffrey A. Frankel
    (Harvard University)

  • Francesco Giavazzi
    (Bocconi University)

  • Kenneth D. West
    (University of Wisconsin)

Abstract

The NBER International Seminar on Macroeconomics brings together leading American and European economists to discuss a broad range of current issues in global macroeconomics. An international companion to the more American-focused NBER Macroeconomics Annual, this particular volume offers cutting-edge research on monetary and fiscal policy responses to macroeconomic fluctuations, with special emphasis on tailoring a single monetary policy for the diverse economies that make up the European Monetary Union. The individual papers examine such topics as whether rule-based monetary policy should target price levels or inflation rates; how much cyclical correlation across countries can be attributed to transmission between multinational companies and their international affiliates; the different effects of monetary policy in high-debt and low-debt countries; and the prospects for the ten 2004 entrants to the European Union, based on the experiences of EU entrants of the 1980s.

Suggested Citation

  • Richard H. Clarida & Jeffrey A. Frankel & Francesco Giavazzi & Kenneth D. West (ed.), 2006. "NBER International Seminar on Macroeconomics 2004," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262532875, December.
    • Handle: RePEc:mtp:titles:0262532875
    as

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    Citations

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    Cited by:

    1. Neville Francis & Valerie A. Ramey, 2009. "Measures of per Capita Hours and Their Implications for the Technology-Hours Debate," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(6), pages 1071-1097, September.
    2. Tarek M Harchaouia & Murat Üngörb, 2018. "The Lion on the Move Towards the World Frontier: Catching Up or Remaining Stuck?," Journal of African Economies, Centre for the Study of African Economies, vol. 27(3), pages 366-366.
    3. Xin Wei, 2020. "Dynamic Expectations Formation and U.S. Monetary Policy Regime Change," CAEPR Working Papers 2020-007, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.

    More about this item

    Keywords

    global macroeconomics; monetary policy; fiscal policy; multinational companies; European Union;
    All these keywords.

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • F0 - International Economics - - General

    Statistics

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