NBER Macroeconomics Annual 2011 V26: Volume 26 ((NBER) National Bureau of Economic Research Macroeconomics Annual) - Hardcover

Acemoglu, Daron; Woodford, Michael

9780226002149: NBER Macroeconomics Annual 2011 V26: Volume 26 ((NBER) National Bureau of Economic Research Macroeconomics Annual)

Hardcover

ISBN 10: 0226002144 ISBN 13: 9780226002149

Publisher: University of Chicago Press, 2012

The twenty-sixth volume of the "NBER Macroeconomics Annual" continues a tradition of featuring theoretical and empirical contributions that shed light on issues in contemporary macroeconomics, pushing the frontiers of macroeconomic work in areas ranging from short-run macroeconomic fluctuations to exchange rates, financial regulation, and political economy. This year's volume features several papers that illuminate the causes of the recent financial crisis and consider policies that might reduce the likelihood of similar crises in the future. Topics include analyses of the sources of asset market bubbles and their macroeconomic consequences, the reconsideration of financial regulation and ways in which it could be improved, exchange-rate determination, and the macroeconomic determinants of unemployment.

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About the Author:

Daron Acemoglu is the Charles P. Kinderberger Professor of Applied Economics at the Massachusetts Institute of Technology and a research associate of the NBER. Michael Woodford is the John Bates Clark Professor of Political Economy at Columbia University and a research associate of the NBER.

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