Cloth $90.00 ISBN: 9780226707495 Published August 2010
Paper $50.00 ISBN: 9780226707501 Published August 2010

NBER International Seminar on Macroeconomics 2009, Volume 6

Edited by Lucrezia Reichlin and Kenneth West

NBER International Seminar on Macroeconomics 2009, Volume 6
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Edited by Lucrezia Reichlin and Kenneth West

500 pages | 60 line drawings | 6 x 9 | © 2010
Cloth $90.00 ISBN: 9780226707495 Published August 2010
Paper $50.00 ISBN: 9780226707501 Published August 2010
The distinguished International Seminar on Macroeconomics (ISoM) has met annually in Europe for thirty years. The papers included in this volume discuss openness and the fall and rise of stock market correlations between 1890 and 2001; defaults, underwriters and sovereign bond markets between 1815 and 2007; systemic risk taking and the U.S. financial crisis; the Feldstein-Horioka fact, nontradable goods' real exchange rate puzzle; and assessing external equilibrium in low income countries.
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