Author Description

The goals of the annual NBER Macroeconomics Conference are to present, extend, and apply frontier work in macroeconomics and to stimulate work by macroeconomists in policy issues. Each paper in the Annual is followed by comments and discussion. This is the third in a new 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. Contributions to this 1988 edition include: Macroeconomics and Politics, by Alberto F. Alesina. The Japanese Current Account and U.S.-Japan Trade Problems, by Kazuo Ueda. Alternative Interpretations of Employment and Real Wage Variations, by John F. Kennan. What Does Black Monday Tell Us About the Economy and Economics? by Fischer Black, Albert S. Kyle, and Robert J. Shiller. What Are the Costs of Excessive Deficits? by David H. Romer Sources of Business Cycle Fluctuations, by Matthew D. Shapiro and Mark W. Watson. Stanley Fischer is Vice President of Development Economics and Chief Economist at the World Bank.