Economic fluctuations and growth research meeting.

• Position: Program and Working Group Meetings - Brief article - Conference notes

The NBER's Program on Economic Fluctuations and Growth met in Cambridge on July 11. NBER Research Associates Mark Bils, University of Rochester, and Julio J. Rotemberg, Harvard Business School, organized the meeting. These papers were discussed:

* Fatih Guvenen, University of Minnesota and NBER, and Anthony Smith, Yale University, "Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach"

Robert Barro, Harvard University and NBER; Emi Nakamura and Jon Steinsson, Columbia University and NBER; and Jose Ursua, Harvard University, "Crises and Recoveries in an Empirical Model of Consumption Disasters"

* James Kahn, University of Pennsylvania, "What Drives Housing Prices ?"

* Roland Benabou, Princeton University and NBER, "Groupthink: Collective Delusions...