Macroeconomics and Individual Decision Making

November 18, 2000

George A. Akerlof and Robert Shiller, Organizers

Xavier Gabaix, MIT and David Laibson, Harvard University and NBER
"The 6D Bias and the Equity Premium Puzzle"
     Discussant: Karen Dynan, Board of Governors of the Federal Reserve System

George A. Akerlof, UC, Berkeley and William T. Dickens and George Perry, Brookings Institution
"Near-Rational Wage and Price Setting and the Long-Run Phillips Curve"
     Discussant: Robert Shimer, Princeton University and NBER

Steven N. Durlauf, University of Wisconsin and NBER
"A Framework for the Study of Individual Behavior and social Interactions"
     Discussant: Russell Cooper, Boston University and NBER

Roland Benabou, Princeton University and NBER and Jean Tirole, IDEI and GREMAQ, Toulouse
"Willpower and Personal Rules"
     Discussant: Botond Koszegi, UC, Berkeley

Sendhil Mullainathan, MIT and NBER
"Thinking Through Categories: A Model of Cognition"
     Discussant: Edward O'Donoghue, Cornell University

Beth Anne Wilson, Board of Governors of the Federal Reserve System
"Downward Nominal Wage Rigidity: Evidence from the Employment Cost Index"
     Discussant: Shulamit Kahn, Boston University

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