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NBER Books - Reducing Inflation: Motivation and Strategy

Reducing Inflation: Motivation and Strategy
Christina D. Romer and David H. Romer, editors

Table of Contents:

Introduction
Christina D. Romer and David H. Romer

1. Why Do People Dislike Inflation?
Robert J. Shiller

Comment: N. Gregory Mankiw

2. Does Inflation "Grease the Wheels of the Labor Market"?
David Card, Dean Hyslop


Comment: John Shea

3. The Costs and Benefits of Going from Low Inflation to Price Stability
Martin Feldstein


Comment: Andrew B. Abel

4. Disinflation and the NAIRU
Laurence Ball


Comment: Olivier J. Blanchard

5. How Precise Are Estimates of the Natural Rate of Unemployment?
Douglas Staiger, James H. Stock, Mark W. Watson


Comment: Alan B. Krueger

6. America's Peacetime Inflation: The 1970s
J. Bradford De Long


Comment: John B. Taylor

7. Do "Shortages" Cause Inflation?
Owen Lamont


Comment: Matthew D. Shapiro

8. Institutions for Monetary Stability
Christina D. Romer, David H. Romer


Comment: Benjamin M. Friedman

9. Why Does Inflation Differ across Countries?
Marta Campillo, Jeffrey A. Miron


Comment: Maurice Obstfeld

10: How the Bundesbank Conducts Monetary Policy
Richard Clarida, Mark Gertler


Comment: Rudiger Dornbusch