LEADER 03740oam 2200661Ma 450 001 9910777768003321 005 20190503073346.0 010 $a0-262-27373-X 010 $a1-4294-7712-1 024 3 $a9780262072724 035 $a(CKB)1000000000472979 035 $a(EBL)3338714 035 $a(OCoLC)271575992 035 $a(SSID)ssj0000208989 035 $a(PQKBManifestationID)11183793 035 $a(PQKBTitleCode)TC0000208989 035 $a(PQKBWorkID)10244830 035 $a(PQKB)10892778 035 $a(MiAaPQ)EBC3338714 035 $a(OCoLC)271575992$z(OCoLC)145465174$z(OCoLC)156831383$z(OCoLC)465525989$z(OCoLC)473202515$z(OCoLC)648325705$z(OCoLC)842932850$z(OCoLC)888826437$z(OCoLC)961527717$z(OCoLC)962582541$z(OCoLC)965988617$z(OCoLC)988464966$z(OCoLC)992020059$z(OCoLC)1037942989$z(OCoLC)1038656184$z(OCoLC)1055389115$z(OCoLC)1058160336$z(OCoLC)1066607483$z(OCoLC)1081220714 035 $a(OCoLC-P)271575992 035 $a(MaCbMITP)4907 035 $a(Au-PeEL)EBL3338714 035 $a(CaPaEBR)ebr10190459 035 $a(EXLCZ)991000000000472979 100 $a20081020d2006 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aNBER macroeconomics annual$i2005 /$fMark Gertler and Kenneth Rogoff, editors 210 $aCambridge, MA $cMIT Press$dİ2006 215 $a1 online resource (479 p.) 225 1 $aNBER macroeconomics annual ;$v2005 300 $aDescription based upon print version of record. 311 $a0-262-07272-6 320 $aIncludes bibliographical references. 327 $aEditorial; Abstracts; 1 Work and Leisure in the United States and Europe: Why So Different?; 2 Job Loss, Job Finding, and Unemployment in the U.S. Economy over the Past Fifty Years; 3 The Rise in Firm-Level Volatility: Causes and Consequences; 4 Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models; 5 A Bayesian Look at New Open Economy Macroeconomics; 6 Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model 330 $aThis 20th edition of the NBER Macroeconomics Annual treats many questions at the cutting edge of macroeconomics that are central to current policy debates. The papers and discussions include an analysis of the differential between American and European unemployment rates, with the authors of the paper taking issue with Edward Prescott's view that higher European tax rates are responsible; a provocative account of the relationship between fluctuations in the hiring rate of new workers and the U.S. unemployment rate; an analysis of the 20-year decline in aggregate volatility (and the rise in firm volatility); a model that compares the effectiveness of monetary policy that targets inflation rates to one that targets simple wage inflation; a roadmap to using Bayesian approaches in solving empirical puzzles; and a microeconomic model that shows the desirability of maintaining a stable inflation rate even in isolated situations that would seem to call for a more flexible policy toward inflation. 410 0$aNBER Macroeconomics Annual series 517 3 $aNational Bureau of Economic Research macroeconomics annual 517 3 $aMacroeconomics annual 606 $aMacroeconomics 606 $aEconometrics 610 $aECONOMICS/Macroeconomics 615 0$aMacroeconomics. 615 0$aEconometrics. 676 $a339.05 701 $aGertler$b Mark$0120489 701 $aRogoff$b Kenneth S$0324217 712 02$aNational Bureau of Economic Research. 801 0$bOCoLC-P 801 1$bOCoLC-P 906 $aBOOK 912 $a9910777768003321 996 $aNBER macroeconomics annual$93855286 997 $aUNINA