These two volumes bring together articles, commentaries, and excerpts by Nobel Prize-winning economist Franco Modigliani published from the late 1970s to 1989. The 11 essays collected in Volume 4 focus on money and inflation and on stabilization policies for growth and unemployment. The 21 essays in Volume 5 cover saving and wealth, deficits, the real effects of inflation, and finance. Franco Modigliani is Institute Professor and Professor of Economics and Finance at MIT. Simon Johnson, a graduate of MIT, is Junior Scholar at the Harvard Academy of International and Area Studies.Modigliani, Franco is the author of 'Collected Papers of Franco Modigliani Saving, Deficits, Inflation, and Financial Theory' with ISBN 9780262132459 and ISBN 0262132451.