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Hardcover | Out of Print | 383 pp. | 6.1 x 8.9 in | October 1993 | ISBN: 9780262023641
Paperback | Out of Print | 383 pp. | 6.1 x 8.9 in | October 1993 | ISBN: 9780262521840
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NBER Macroeconomics Annual 1993


This is the eighth 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.

U.S. Commercial Banking: Trends, Cycles, and Policy, John Boyd and Mark Gertler
The Effects of Government Purchases: Theory and Evidence, Anton Braun and Ellen McGrattan
Macroeconomic Growth with Microeconomic Empirics, Ricardo Caballero and Adam Jaffe
The Chinese and East European Routes to Reform, Alan Gelb, Gary Jefferson, and Inderjit Singh.
Waiting and the Option to Invest: Theory and Evidence, Robert Pindyck and Andres Solimano
Unemployment in Europe, Gilles Saint Paul

About the Editors

Olivier Blanchard is C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics, Washington, D.C.

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).