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...

This 21st edition of the NBER Macroeconomics Annual treats many questions at the cutting edge of macroeconomics that are central to current policy debates. The first four papers and discussions focus on such current macroeconomic issues as how structural-vector-autoregressions help identify...