A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Contents Wage Inequality and Regional Unemployment U.S. vs. Europe, Guiseppe Bertola and Andreas Ichino • Capital Utilization and Returns to Scale, Craig Burnside, Martin Eichenbaum, and Sergio Rebelo • Banks and Derivatives, Gary Gorton and Richard Rosen • Exchange-Rate-Based Theory and Evidence, Sergio Rebelo and Carlos Vegh • Inflation Indicators and Inflation Policy, Stephen Cecchetti • Recent Central Bank Reforms and the Role of Price Stability as the Sole Objective of Monetary Policy, Carl Walsh • Is Central Bank Independence (and Low Inflation) the Result of Effective Financial Opposition to Inflation?, Adam Posen • The Unending Quest for Monetary Salvation, Stanley Fischer
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
In-depth analysis of macroeconomic issues from 1995.
Who is this book for?
This volume offers a fascinating glimpse into the macroeconomic debates of the mid-1990s, covering topics from wage inequality to central bank reforms. If you're interested in economic policy history or the foundational ideas that shaped current practices, you'll find these essays insightful and thought-provoking. It's a great read for anyone looking to understand the complexities behind monetary and fiscal policies during that era.