Macroeconomics and Individual Decision Making

November 15-16, 1996

George A. Akerlof and Robert Shiller, Organizers

Gil Mehrez, Georgetown University
"Output, Employment and Prices in an Economy with Adjustment Costs"
     Discussant: Ricardo Caballero, MIT and NBER

Robert Shiller, Yale University and NBER
"Why Are People So Indifferent to Indexation?"
     Discussant: Anil Kashyap, University of Chicago and NBER

Eldar Shafir, Princeton University and Amos Tversky, Stanford University
"Thinking Through Uncertainty: Nonconsequential Reasoning and Choice"
     Discussant: John Geanakoplos, Yale University

Carl Campbell, Dartmouth College and Kunal Kamlani, ITT Corporation
"The Reasons for Wage Rigidity: Evidence from a Survey of Firms"
     Discussant: Truman Bewley, Yale University

George Akerlof, UC, Berkeley and The Brookings Institution; William Dickens, The Brookings Institution and NBER; and George Perry, The Brookings Institution
"The Macroeconomics of Low Inflation"
     Discussant: Olivier Blanchard, MIT and NBER

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