NBER Macroeconomics Annual 1992

NBER Macroeconomics Annual 1992

Edited by Olivier Blanchard and Stanley Fischer




This is the seventh in a series of annuals from the National Bureau of Economic Research that are designed to stimulate research on problems in applied economics, to bring frontier theoretical developments to a wider audience, and to accelerate the interaction between analytical and empirical research in macroeconomics.

ContentsWhat Shall We Do Today? Goals and Signposts in the Operation of Monetary Policy, Ben S. Bernanke and Frederic S. Mishkin • A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore, Alwyn Young • International Trade and the Wage Structure, Steven J. Davis • Imperfect Information and Macroeconomic Analysis, Joseph E. Stiglitz and Bruce Greenwald • Asset Pricing Lessons for Macroeconomics, Lars P. Hansen and John H. Cochrane • Postmortem on the Debt Crisis, Daniel Cohen


Out of Print ISBN: 9780262023481 300 pp. | 6 in x 9 in


Out of Print ISBN: 9780262521741 300 pp. | 6 in x 9 in


Olivier Blanchard

Olivier Blanchard is C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics and Robert Solow Professor Economics Emeritus at MIT. He was Chief Economist at the International Monetary Fund from 2008 to 2015.

Stanley Fischer

Stanley Fischer is former Governor of the Bank of Israel and has been nominated as Vice Chair of the Federal Reserve]. He is the author of IMF Essays from a Time of Crisis: The International Financial System, Stabilization, and Development (MIT Press).