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NBER Macroeconomics Annual 2012 PDF
By:Daron Acemoglu,Jonathan Parker,Michael Woodford
Published on 2013-04 by

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The twenty-seventh edition of the NBER Macroeconomics Annual continues a tradition of featuring theoretical and empirical contributions that shed light on central issues in contemporary macroeconomics, pushing the frontiers of macroeconomic research on topics related to both the business cycle and economic growth and addressing important policy-relevant questions. This year's volume features two papers that illuminate two causes of the recent financial crisis: how firms accessed credit during the financial crisis and how the risk in mortgage lending was measured in the UK in the decades before the crisis. Other papers in this volume include a study of individual prices over time that draws out the implications of observed price adjustment for macroeconomic models of price stickiness, a focus on the implications of microeconomic estimates of labor supply for the determination of employment rates, a study of the empirical validity of the Keynesian explanation for employment declines during recessions, and an innovative paper that measures the efficacy of fiscal stimulus by looking at the economic impact of changes in federal highway spending across US states.

This Book was ranked at 4 by Google Books for keyword Macroeconomics.

Book ID of NBER Macroeconomics Annual 2012's Books is Yd6WNAEACAAJ, Book which was written byDaron Acemoglu,Jonathan Parker,Michael Woodfordhave ETAG "d58WUeDQeao"

Book which was published by since 2013-04 have ISBNs, ISBN 13 Code is 9780226052779 and ISBN 10 Code is 022605277X

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Book which have "448 Pages" is Printed at BOOK under CategoryBusiness and Economics

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