34th International Seminar on Macroeconomics.

• Position: Conferences

NBER's 34th International Seminar on Macroeconomics (ISOM) took place on June 17 and 18, 2011. NBER Research Associate Jeffery A. Frankel of Harvard's Kennedy School and Christopher Pissarides of the London School of Economics organized this year's program. he following papers were discussed:

* Barry Eichengreen and Andrew K. Rose, University of California at Berkeley and NBER, "Flexing: Effects of Abandoning Fixed Exchange Rates"

* Alejandro Justiniano, Federal Reserve Bank of Chicago, and Claudio Michelacci, CEMFI, "The Cyclical Behavior of Unemployment and Vacancies in the U.S. and Europe"

* Enrico Spolaore, Tufts University and NBER, and Romain Wacziarg, University of California at Los Angeles and NBER, "Long-Term Barriers to the Diffusion of Innovations"

* Giancarlo Corsetti, University of Cambridge, "Nontraded Goods Prices, Terms of Trade, and Risk Sharing"

* Julian di Giovanni, International Monetary Fund, and Andrei Levchenko, University of Michigan and...