Economic Fluctuations and Growth.

• Position: Bureau News - Brief Article

The NBER's Program on Economic Fluctuations and Growth met in Cambridge on July 19. Organizers Andrew Abel, NBER and University of Pennsylvania, and Valerie Ramey, NBER and University of California, San Diego, chose these papers for discussion:

Laura L. Veldkamp, INSEAD, "Media Frenzies in Markets for Financial information" Discussant: John V. Leahy, NBER and New York University

Markus K. Brunnermeier, Princeton University, and Jonathan A. Parker, NBER and Princeton University, "Optimal Expectations" Discussant: David Laibson, NBER and Harvard University

Fatih Guvenen, University of Rochester, "A Parsimonious Macroeconomic Model for Asset Pricing: Habit Formation or Cross-Sectional Heterogeneity?" Discussant: John Y. Campbell, NBER and Harvard University

Change-Tai Hsieh, NBER and Princeton...