Entire Proceedings (12.3MB)

June 1978

Following are papers presented at the Federal Reserve Bank of Boston's 19th economic conference.

Contents

Entire Proceedings (12.3MB)

Opening Remarks
Frank E. Morris

Diagnosing the Problem of Inflation and Unemployment in the Western World
Geoffrey H. Moore

An Empirical Assessment of "New Theories" of Inflation and Unemployment
Stephen K. McNees

After Keynesian Macroeconomics
Robert E. Lucas and Thomas J. Sargent, with discussion and rebuttal by Benjamin Friedman. With response to Friedman by Lucas and Sargent.

Disturbances to the International Economy
Lawrence R. Klein, with discussion by John F. Helliwell

Anti-Inflationary Policies in a Democratic Free Market Society
Barry Bosworth

Institutional Factors in Domestic Inflation
Michael L. Wachter and Susan M. Wachter, with discussion by Martin N. Baily

Inflation and Unemployment in a Macroeconometric Model
Ray C. Fair, with discussion by Franco Modigliani

Summary and Evaluation
Robert M. Solow and William Poole