Money,macroeconomics,and economic policy : essays in honor of James Tobin

목차 (Table of Contents)

• CONTENTS
• Contributors = ⅸ
• Preface = xi
• 1 Introduction: James Tobin's Contributions to Economics / Douglas D. Purvis = 1
• I Macroeconomics
• 2 Tobin on Money Wages and Employment / Robert M. Solow = 45
• Comment / Harold W. Watts = 57
• 3 How Large Are the Losses from Rule-or-Thumb Behavior in Models of the Business Cycle? / George A. Akerlof ; Janet L. Yellen = 59
• 4 Debt Neutrality, Redistribution, and Consumer Heterogeneity: A Survey and Some Extensions / Willem H. Buiter = 79
• Comment / Steven N. Durlauf = 115
• II International Economics
• 5 Effectiveness of Macropolicies in Small Open-Economy Dynamic Aggregative Models / Edmund S. Phelps = 125
• Comment / Jerome L. Stein = 148
• 6 Toward an International Commodity Standard? / Richard N. Cooper = 152
• Comment / Koichi Hamada = 176
• III Finance
• 7 Long-Run Risk Tolerance When Equity Returns Are Mean Regressing: Pseudoparadoxes and Vindication of "Businessman's Risk" / Paul A. Samuelson = 181
• Comment / Harry M. Markowitz = 201
• 8 Coping with the Term Structure / Gary Smith = 205
• Comment / John Y. Campbell = 233
• 9 Contract Design, Intermediation, and Interest Rate Variability / Donald D. Hester = 237
• Comment / Benjamin M. Friedman = 272
• 10 Fundamental Value and Market Value / William C. Brainard ; Matthew D. Shapiro ; John B. Shoven = 277
• IV Economic Policy
• 11 Goals and Conduct of Stabilization Policy / George L. Perry = 311
• 12 Excerpts from a Political Handbook for Economic Policy Advisers / Charles L. Schultze = 317
• 13 Budget Deficits, National Saving, and Tobin / Edward M. Gramlich = 325
• 14 Government Policy to Promote Economic Growth / William D. Nordhaus = 329
• 15 Concluding Remarks / James Tobin = 341
• Index = 351