NBER Macroeconomics Annual 2002



NBER Macroeconomics Annual 2002
Mark Gertler and Kenneth Rogoff, editors

The MIT Press, 2003
Paper: $32.00; Cloth: $65.00
384 pages
ISBN: 0-262-57173-0 (paper); 0-262-07246-7 (cloth)

Table of Contents:

    Introduction
    Mark Gertler and Kenneth Rogoff

    1. "Rules vs. Discretion" After Twenty-Five Years
    Nancy L. Stokey
      Comment: Peter N. Ireland
      Comment: Lars E. O. Svensson

    2. Current Accounts in the Long and the Short Run
    Aart Kraay and Jaume Ventura

      Comment: Fabrizio Perri
      Comment: Eric van Wincoop

    3. Productivity Growth in the 2000s
    J. Bradford DeLong

      Comment: Susanto Basu
      Comment: Boyan Jovanovic

    4. Has the Business Cycle Changed and Why?
    James H. Stock and Mark W. Watson

      Comment: Jordi Galí
      Comment: Robert E. Hall

    5. Expenditure Switching and Exchange-Rate Policy
    Charles Engel

      Comment: Karen K. Lewis
      Comment: Pierre-Olivier Gourinchas

    6. Optimal Currency Areas
    Alberto Alesina, Robert J. Barro and Silvana Tenreyro

      Comment: Rudiger Dornbusch
      Comment: Andrew K. Rose