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NBER Macroeconomics Annual 2006, Volume 21

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

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)