| Synopsis: |
This is the ninth in a series of annuals from the National Bureau of Economic Research that are designed to stimulate research on problems in applied economics, to bring frontier theoretical developments to a wider audience, and to accelerate the interaction between analytical and empirical research in macroeconomics.Contents : On the Speed of Transition in Eastern Europe, Philippe Aghion and Olivier Jean Blanchard. The Costs of Business Cycles with Incomplete Markets, Andrew Atkeson and Christopher Phelan. The U.S. Fiscal Problem: Where We Are, How We Got Here and Where We Are Going, Alan Auerbach. The East Asian Miracle Economies, John Page. What Ends Recessions? Christina Romer and David Romer. Toward a Modern Macroeconomic Model Usable for Policy Analysis, Christopher Sims and Eric Leeper. |