Two volumes from NBER's International Seminar on Macroeconomics available this summer.

• Position: Bureau Books - National Bureau of Economic Research

The NBER's International Seminar on Macroeconomics (ISoM) has met annually in Europe for the past thirty years. The proceedings of the 2006 conference are now available, and the 2007 proceedings will appear later this summer. This series of annual volumes is now published by the University of Chicago Press Journals Division. The books are priced at $90.00 for clothbound editions.

The papers included in ISoM 2006 discuss: the relationship between prices and productivity in the OECD; monetary policy's impact on inflation and output; implications of rising government debt; the relationship between consumption and labor market tightness; variation in real wages over the business-cycle; production sharing and business cycle synchronization in the accession countries; and pension systems and the allocation of macroeconomic risk.

The editors of the 2006 volume, who also organized the conference that year, are Lucrezia Reichlin, director of general research at the European Central Bank and a full professor of economics at Universite Libre de Bruxelles, and Kenneth West, the Ragnar Frisch Professor of Economics at the University of Wisconsin, Madison, and an NBER Research Associate in the Programs on Monetary...