NBER International Seminar on Macroeconomics 2007, Volume 4

The distinguished International Seminar on Macroeconomics (ISoM) has met annually in Europe for thirty years. The papers in "ISoM 2007 "discuss interest setting and central bank transparency; expectations, monetary policy, and traded goods prices; public investment and the golden rule; the role of institutions, confidence, and trust in financial integration within EU countries; international portfolios with supply, demand, and redistributive shocks; transmission and stabilization in closed and open economies; capital flows and asset prices; and welfare implications of financial globalization without financial development.Clarida, Richard H. is the author of 'NBER International Seminar on Macroeconomics 2007, Volume 4', published 2008 under ISBN 9780226107301 and ISBN 0226107302.