Macroeconomics and Individual Decision Making

December 9, 1994

George A. Akerlof and Robert Shiller, Organizers

Truman Bewley, Yale University
"A Field Study On Downward Wage Rigidity"
     Discussant: Robert Solow, MIT

David Laibson, Harvard University
"A Cue-Theory of Consumption"
     Discussant: Richard Zeckhauser, Harvard University and NBER

Owen Lamont, Princeton University
"Macroeconomics Forecasts and Microeconomic Forecasters"
     Discussant: Ray Fair, Yale University

George Akerlof, UC, Berkeley and NBER; Janet Yellen, Federal Reserve Board; and Michael Katz, UC, Berkeley
"An Analysis of Out-of-Wedlock Childbearing in the United States"
     Discussant: Richard Thaler, MIT and NBER

Peter Diamond, MIT and NBER (Joint with Eldar Shafir and Amos Tversky)
"On Money Illusion"
     Discussant: N. Gregory Mankiw, Harvard University and NBER

Robert Shiller, Yale University and NBER (joint with Ryan Schneider)
"Indices of Individual Income by Job Cluster and Education Level for Contract Settlement"
     Discussant: Lawrence Katz, Harvard University and NBER

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Sponsored by:
Russell Sage Foundation and National Bureau of Economic Research