NBER International Seminar on Macroeconomics 2011, Volume 8

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 have experienced in the recent global recession, and nominal and real exchange rates. See more