NBER International Seminar on Macroeconomics 2011

Volume 8

Frankel Jeffrey A., Pissarides Christopher

The "NBER International Seminar on Macroeconomics" brings together leading American and European economists to discuss a broad range of current issues in global macroeconomics. An international companion to the more American-focused "NBER Macroeconomics Annual", the distinguished ISoM has met annually in Europe for over thirty years. Papers in this year's volume fall into three categories: productivity in the international economy; a view of demand stimulus through the lens of the high level of unemployment that most advanced countries experience in the recent global recession; and nominal and real exchange rates.

About the Author

Jeffrey A. Frankel is the James W. Harpel Professor of Capital Formation and Growth at the John F. Kennedy School of Government, Harvard University, and a research associate of the NBER.

Christopher Pissarides holds the Norman Sosnow Chair in Economics at the London School of Economics and Political Science.

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