The distinguished International Seminar on Macroeconomics (ISoM) has met annually in Europe for thirty years. The papers included in this volume discuss openness and the fall and rise of stock market correlations between 1890 and 2001; defaults, underwriters and sovereign bond markets between 1815 and 2007; systemic risk taking and the U.S. financial crisis; the Feldstein-Horioka fact, nontradable goods' real exchangerate puzzle; andassessing external equilibrium in low income countries."
The distinguished International Seminar on Macroeconomics (ISoM) has met annually in Europe for thirty years. The papers included in this volume discu...
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," the distinguished ISoM has met annually in Europe for over thirty years. Papers in this year s volume fall into three categories: productivity in the international economy; a view of demand stimulus through the lens of the high level of unemployment that most advanced countries experience in the recent global recession; and nominal...
The "NBER International Seminar on Macroeconomics" brings together leading American and European economists to discuss a broad range of current issues...
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...
The distinguished International Seminar on Macroeconomics has met annually in Europe for over thirty years. The topics covered in this year s volum...
