Macroeconomics and Individual Decision Making

November 15, 1997

George A. Akerlof and Robert Shiller, Organizers

B. Douglas Bernheim, NBER and Stanford University; Jonathan Skinner, NBER and Dartmouth College; and Steven Weinberg, Stanford University
"What Accounts for the Variation in Retirement Wealth Among U.S. Households?"
     Discussant: Laurence J. Kotlikoff, NBER and Boston University

Peter A. Diamond, NBER and MIT and Daniel Kahneman, Princeton University
"Wealth Illusion"
     Discussant: Richard H. Thaler, NBER and University of Chicago

Rafael Di Tella, Harvard University; Robert MacCulloch, Oxford University; and Andrew Oswald, University of Warwick
"The Macroeconomics of Happiness"
     Discussant: Benjamin M. Friedman, NBER and Harvard University

Robert J. Shiller, NBER and Yale University
"Indexed Units of Account: Theory and Assessment of Historical Experience"
     Discussant: Gil Mehrez, Georgetown University

David Laibson, NBER and Harvard University
"Hyperbolic Discount Functions and Time Preference Heterogeneity"
     Discussant: John Shea, NBER and University of Maryland

Ernst Fehr, University of Zurich and Jean Robert Tyran, University of St. Gallen
"Does Money Illusion Matter?"
     Discussant: George A. Akerlof

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