NBER Macroeconomics Annual 2005.

• Position: Bureau Books - Brief article

NBER Macroeconomics Annual 2005, edited by Mark Gertler and Kenneth S. Rogoff, is available from the MIT Press for $35.00 in paperback and $70.00 clothbound. The NBER Macroeconomics Annual presents, extends, and applies pioneering work in macroeconomics and stimulates research on important policy issues. The papers here link theoretical and empirical developments with specific real-world examples and problems. This year's twentieth edition of the Annual covers such issues as: the sources of European unemployment and churn in U.S. labor markets; the causes of the 20-year trend decline in volatility in U.S. output; and the...