Front matter, table of contents: Stanley Fischer (p. -5 - 0) (bibliographic info) (download)

Editorial: Stanley Fischer (p. 1 - 8) (bibliographic info) (download)

Abstracts: Stanley Fischer (p. 9 - 12) (bibliographic info) (download)

1. Macroeconomics and Politics: Alberto Alesina (p. 13 - 62) (bibliographic info) (download)

2. What are the Costs of Excessive Deficits?: David Romer (p. 63 - 110) (bibliographic info) (download)

3. Sources of Business Cycles Fluctuations: Matthew Shapiro, Mark Watson (p. 111 - 156) (bibliographic info) (download)

4. Equilibrium Interpretations of Employment and Real Wage Fluctuations: John Kennan (p. 157 - 216) (bibliographic info) (download)

5. Perspectives on the Japanese Current Account Surplus: Kazuo Ueda (p. 217 - 268) (bibliographic info) (download)

6. An Equilibrium Model of the Crash: Fischer Black (p. 269 - 276) (bibliographic info) (download)

7. Crash Testing the Efficient Market Hypothesis: Kenneth French (p. 277 - 286) (bibliographic info) (download)

8. Portfolio Insurance and Other Investor Fashions as Factors in the 1987 Stock Market Crash: Robert Shiller (p. 287 - 297) (bibliographic info) (download)