NBER Macroeconomics Annual 2006, Volume 21


NBER Macroeconomics Annual 2006, Volume 21
Daron Acemoglu, Kenneth Rogoff, and Michael Woodford, editors

The MIT Press, 2007
Paper: $35.00; Cloth: $70.00
472 pages
ISBN: 0-262-51200-9, 978-0-262-51200-8 (paper)
ISBN: 0-262-01239-1, 978-0-262-01239-3 (cloth)

Some chapters may have appeared as NBER Working Papers, which are preliminary versions of the published papers.

Table of Contents:

    Editorial (p. xi-xviii)
    Daron Acemoglu, Kenneth Rogoff, and Michael Woodford

    Abstracts (p. xix-xxii)

    1. Assessing Structural VARs (p. 1-72)
    Lawrence J. Christiano, Martin Eichenbaum and Robert Vigfusson

      Comment: Patrick J. Kehoe (p. 73-96)
      Comment: Mark W. Watson (p. 97-102)

    Discussion (p. 103-105)

    2. Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms, (p. 107-156)
    Steven J. Davis, John Haltiwanger, Ron Jarmin and Javier Miranda

      Comment: Christopher Foote (p. 157-166)
      Comment: Éva Nagypál (p. 167-176)

    Discussion (p. 177-179)

    3. Do Taxes Explain European Employment? Indivisible Labor, Human Capital, Lotteries, and Savings, (p. 181-224)
    Lars Ljungqvist and Thomas J. Sargent

      Comment: Olivier Blanchard (p. 225-232)
      Comment: Edward C. Prescott (p. 233-242)

    Discussion (p. 243-246)

    4. Fluctuating Macro Policies and the Fiscal Theory (p. 247-298)
    Troy Davig and Eric M. Leeper

      Comment: Jordi Galí (p. 299-305)
      Comment: Christopher Sims (p. 307-312)

    Discussion (p. 313-315)

    5. New Dynamic Public Finance: A User's Guide (p. 317-363)
    Mikhail Golosov, Aleh Tsyvinski, and Iván Werning

      Comment: Peter Diamond (p. 365-379)
      Comment: Kenneth L. Judd (p. 381-384)

    Discussion (p. 385-387)

    6. Equilibrium Yield Curves (p. 389-442)
    Monika Piazzesi and Martin Schneider

      Comment: Pierpaolo Benigno (p. 443-457)
      Comment: John Y. Campbell (p. 459-468)

    Discussion (p. 469-472)