This 21st edition of the NBER Macroeconomics Annual treats many questions at the cutting edge of macroeconomics that are central to current policy debates. The first four papers and discussions focus on such current macroeconomic issues as how structural-vector-autoregressions help identify sources of business cycle fluctuations and the evolution of U.S. macroeconomic policies. The last two papers analyze theoretical developments in optimal taxation policy and equilibrium yield curves.Daron Acemoglu is Charles P. Kindleberger Professor of Applied Economics at MIT. Kenneth Rogoff is Thomas...
This 21st edition of the NBER Macroeconomics Annual treats many questions at the cutting edge of macroeconomics that are central to current policy ...
What forces lead to democracy's creation? Why does it sometimes consolidate only to collapse at other times? Written by two of the foremost authorities on this subject in the world, this volume develops a framework for analyzing the creation and consolidation of democracy. It revolutionizes scholarship on the factors underlying government and popular movements toward democracy or dictatorship. Daron Acemoglu and James Robinson argue that different social groups prefer different political institutions because of the way they allocate political power and resources. Their book, the subject of a...
What forces lead to democracy's creation? Why does it sometimes consolidate only to collapse at other times? Written by two of the foremost authoritie...
What forces lead to democracy's creation? Why does it sometimes consolidate only to collapse at other times? Written by two of the foremost authorities on this subject in the world, this volume develops a framework for analyzing the creation and consolidation of democracy. It revolutionizes scholarship on the factors underlying government and popular movements toward democracy or dictatorship. Daron Acemoglu and James Robinson argue that different social groups prefer different political institutions because of the way they allocate political power and resources. Their book, the subject of a...
What forces lead to democracy's creation? Why does it sometimes consolidate only to collapse at other times? Written by two of the foremost authoritie...
The "NBER Macroeconomics Annual" provides a forum for important debates in contemporary macroeconomics and major developments in the theory of macroeconomic analysis and policy that include leading economists from a variety of fields. The papers and accompanying discussions in "NBER Macroeconomics Annual 2009" address how heterogeneous beliefs interact with equilibrium leverage and potentially lead to leverage cycles, the validity of alternative hypotheses about the reason for the recent increase in foreclosures on residential mortgages, the credit rating crisis, quantitative implications for...
The "NBER Macroeconomics Annual" provides a forum for important debates in contemporary macroeconomics and major developments in the theory of macroec...
The NBER Macroeconomics Annual features theoretical and empirical contributions to the study of macroeconomics, addressing central issues within the discipline. These issues range from short-run macroeconomic fluctuations to international economic crises and long-run economic growth. Continuing in this tradition, NBER Macroeconomics Annual 2010 contains six papers that each tackle an important area in macroeconomics and serve to advance discourse within the field. This volume offers papers that reflect upon a variety of topics, including the recent financial crisis and the response of...
The NBER Macroeconomics Annual features theoretical and empirical contributions to the study of macroeconomics, addressing central issues within the d...
Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are...
Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations ric...
The twenty-seventh edition of the NBER Macroeconomics Annual continues a tradition of featuring theoretical and empirical contributions that shed light on central issues in contemporary macroeconomics, pushing the frontiers of macroeconomic research on topics related to both the business cycle and economic growth and addressing important policy-relevant questions. This year s volume features two papers that illuminate two causes of the recent financial crisis: how firms accessed credit during the financial crisis and how the risk in mortgage lending was measured in the UK in the decades...
The twenty-seventh edition of the NBER Macroeconomics Annual continues a tradition of featuring theoretical and empirical contributions that shed ligh...
