Issues in Contemporary Economics

This is the second volume of the proceedings of the IEA Congress in Athens. Part 1 on macroeconomics considers aspects of unemployment, both generally in a Keynesian framework and in more detail, while Part 2 discusses international aspects of macroeconomic fluctuations and macroeconomic equilibrium associated with the development of the European Community. Part 3 on econometrics deals particularly with the use of survey data and microeconomic theory to analyse decisions important to the understanding of macroeconomic fluctuations and expectation formation.

Inhalt

Preface - The International Economic Association - Acknowledgements - IEA Programme Committee - Greek Steering Committee - List of Authors and Section Leaders - Abbreviations and Acronyms - Introduction; M.Nerlove - PART 1: MACROECONOMIC ASPECTS OF UNEMPLOYMENT - Should Keynesian Economics Dispense with the Phillips Curve?; L.H.Summers - Testing Keynesian Unemployment Theory against Structuralist Theory: Global Evidence of the past two Decades; E.S.Phelps - Unemployment through 'Learning from Experience'; S.Alpern & D.J.Snower - Unemployment and Labour Market Imperfections; A.Lindbeck - Two Tools for analysing Unemployment; O.J.Blanchard - The Potential Duration of Unemployment Benefits and the Duration of Unemployment; L.F.Katz & B.D.Meyer - PART 2: ECONOMICS OF INTEGRATION - The European Monetary System Ten Years on: The System's Architecture, Problems and Perspectives; R.S.Masera - European Integration and Regional Development in Portugal; M.C.L.Porto - PART 3: ECONOMETRICS - The Interplay of Theory and Data in the Study of International Trade; E.E.Leamer - Price Elasticities from Survey Data: Extensions and Indonesian Results; A.Deaton - Family Labour Supply Decisions in Rural Peru; P.J.Gertler & J.L.Newman - Survey Data on Expectations: What have we learnt?; G.S.Maddala