NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Macroeconomics Annual 2004



NBER Macroeconomics Annual 2004
Mark Gertler and Kenneth Rogoff, editors

The MIT Press, 2005
Paper: $35.00; Cloth: $70.00
489 pages
ISBN: 0-262-57229-X (paper); 0-262-07263-7 (cloth)

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

Table of Contents:

    Editorial (p. 1-5)
    Mark Gertler and Kenneth Rogoff

    Abstracts (p. 7-9)

    1. When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies (p. 11-53)
    Graciela L. Kaminsky, Carmen M.Reinhart and Carlos A. Végh

      Comment: Gita Gopinath (p. 54-61)
      Comment: Roberto Rigobon (p.62-79)

    Discussion (p. 80-82)

    2. Federal Government Debt and Interest Rates, (p. 83-138)
    Eric M. Engen and R. Glenn Hubbard

      Comment: Jonathan A. Parker (p. 139-147)
      Comment: Matthew D. Shapiro (p. 148-156)

    Discussion (p. 157-160)

    3. Monetary Policy in Real Time, (p. 161-200)
    Domenico Giannone, Lucrezia Reichlin and Luca Sala

      Comment: Harald Uhlig (p. 201-215)
      Comment: Mark W. Watson (p. 216-221)

    Discussion (p. 222-224)

    4. Technology Shocks and Aggregate Fluctuations: How Well Does the Real Business Cycle Model Fit Postwar U.S. Data? (p. 225-288)
    Jordi Galí and Pau Rabanal

      Comment: Ellen R. McGrattan (p. 289-308)
      Comment: Valerie Ramey (p. 309-314)

    Discussion (p. 315-317)

    5. Exotic Preferences for Macroeconomists, (p. 319-390)
    David K. Backus, Bryan R. Routledge and Stanley E. Zin

      Comment: Lars Peter Hansen (p. 391-405)
      Comment: Ivan Werning (p. 406-411)

    Discussion (p. 412-413)

    6. The Business Cycle and the Life Cycle, (p. 415-461)
    Paul Gomme, Richard Rogerson, Peter Rupert and Randall Wright

      Comment: Éva Nagypál (p. 462-477)
      Comment: Robert Shimer (p. 478-485)

    Discussion (p. 486-489)


 
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