Economic Fluctuations and Growth.

• Position: Program and Working Group Meeting

Members of the NBER's Economic Fluctuations and Growth Program met March 1 in San Francisco. Research Associates David Lagakos of the University of California, San Diego and Martin Schneider of Stanford University organized the meeting. These researchers' papers were presented and discussed:

* Paolo Martellini, University of Pennsylvania, and Guido Menzio, New York University and NBER, "Declining Search Frictions, Unemployment and Growth" (NBER Working Paper No. 24518)

* Tarek Alexander Hassan, Boston University and NBER; Stephan Hollander, Tilburg University; Laurence van Lent, Frankfurt School of Finance and Management; and Ahmed Tahoun, London Business School, "Firm-Level Political Risk: Measurement and Effects" (NBER Working Paper No. 24029)

* Fernando E. Alvarez, University of Chicago and NBER, and Francesco Lippi, LUISS Guido Carli University and Einaudi Institute for Economics and Finance, "The Analytic Theory of a Monetary...