<DIV>While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible...</div>

<DIV>The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a highly contentious issue in today's public policy circles. In this book, leading economists-many of whom have also participated in policy...</div>

The foreign exchange market is the largest, fastest-growing financial market in the world. Yet conventional macroeconomic approaches do not explain why people trade foreign exchange. At the same time, they fail to explain the short-run determinants of the exchange rate. These nine innovative...

<DIV>The <I>NBER International Seminar on Macroeconomics</I> 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 <I>NBER Macroeconomics Annual</I>, the distinguished ISoM has met...</i></i></div>

<DIV>The foreign exchange market is the largest, fastest-growing financial market in the world. Yet conventional macroeconomic approaches do not explain why people trade foreign exchange. At the same time, they fail to explain the short-run determinants of the exchange rate. <BR><BR>These nine innovative...</div>