Nber Macroeconomics Annual 2009 - Volume 24

Informationen zum Autor Daron Acemoglu is the Charles P. Kinderberger Professor of Applied Economics at the Massachusetts Institute of Technology and a research associate of the NBER. Michael Woodford is the John Bates Clark Professor of Political Economy at Columbia University and a research associate of the NBER. Klappentext The "NBER Macroeconomics Annual" provides a forum for important debates in contemporary macroeconomics and major developments in the theory of macroeconomic analysis and policy that include leading economists from a variety of fields. The papers and accompanying discussions in "NBER Macroeconomics Annual 2009" address how heterogeneous beliefs interact with equilibrium leverage and potentially lead to leverage cycles! the validity of alternative hypotheses about the reason for the recent increase in foreclosures on residential mortgages! the credit rating crisis! quantitative implications for the evolution of the U.S. wage distribution! and noisy business cycles. Zusammenfassung Provides a forum for important debates in contemporary macroeconomics and major developments in the theory of macroeconomic analysis and policy. This work also includes papers that address leverage cycles and how they can be driven by the interaction of heterogeneous beliefs and equilibrium leverage.

Product details

• Authors: Acemoglu, Daron Acemoglu, Daron (EDT)/ Woodford Acemoglu, Daron Rogoff Acemoglu, Daron Woodford Acemoglu, ACEMOGLU DARON WOODFORD MICHAEL
• Assisted by: Daron Acemoglu (Editor), Kenneth Rogoff (Editor), Michael Woodford (Editor)
• Publisher: University Of Chicago Press
• Languages: English
• Product format: Paperback / Softback
• Released: 01.08.2010
• EAN: 9780226002101
• ISBN: 978-0-226-00210-1
• No. of pages: 440
• Series: NBER Macroeconomics Annual; (NBER) National Bureau of Economic Research Macroeconomics Annual (CHUP); (NBER) National Bureau of Economic Research Macroeconomics Annual
• Subject: Social sciences, law, business > Business > Economics