Twenty-eighth Annual Conference on Macroeconomics.

• Position: Conferences - Conference news

The NBER's Twenty-eighth Annual Conference on Macroeconomics, organized by Research Associates Jonathan Parker of Northwestern University and Michael Woodford of Columbia University, took place in Cambridge on April 12 and 13. These papers were discussed:

* Elena Asparouhova, University of Utah; Peter Bossaerts and Nilanjan Roy, California Institute of Technology; and William Zame, University of California, Los Angeles, "Experiments on the Lucas Asset Pricing Model"

* Venky Venkateswaran, Pennsylvania State University, and Randall Wright, University of Wisconsin, Madison and NBER, "Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity

* Paul Beaudry, University of British Columbia and NBER, and Franck Portier, Toulouse School of Economics, "Understanding Non-Inflationary Demand Driven...