NBER Macroeconomics Annual 2018 PDF
By:Martin Eichenbaum,Jonathan A. Parker
Published on 2019-07-01 by University of Chicago Press
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This volume contains six studies on current topics in macroeconomics. The first shows that while assuming rational expectations is unrealistic, a finite-horizon forward planning model can yield results similar to those of a rational expectations equilibrium. The second explores the aggregate risk of the U.S. financial sector, and in particular whether it is safer now than before the 2008 financial crisis. The third analyzes “factorless income,” output that is not measured as capital or labor income. Next, a study argues that the financial crisis increased the perceived risk of a very bad economic and financial outcome, and explores the propagation of large, rare shocks. The next paper documents the substantial recent changes in the manufacturing sector and the decline in employment among prime-aged Americans since 2000. The last paper analyzes the dynamic macroeconomic effects of border adjustment taxes.
This Book was ranked at 28 by Google Books for keyword Macroeconomics.
Book ID of NBER Macroeconomics Annual 2018's Books is ACWbDwAAQBAJ, Book which was written byMartin Eichenbaum,Jonathan A. Parkerhave ETAG "iH+aw76Ik+0"
Book which was published by University of Chicago Press since 2019-07-01 have ISBNs, ISBN 13 Code is 9780226645698 and ISBN 10 Code is 022664569X
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