NBER Macroeconomics Annual 2000

Editorial 1(4) Ben S. Bernanke Kenneth Rogoff Abstracts 5(4) How Large Are Human-Capital Externalities? Evidence From Compulsory-Schooling Laws 9(66) Daron Acemoglu Joshua Angrist Comments 59(13) Mark Bils Cecilia Elena Rouse 68(4) Discussion 72(3) The Political Business Cycle After 25 Years 75(64) Allan Drazen Comments 117(18) Alberto Alesina Carl E. Walsh 124(11) Discussion 135(4) Rethinking Multiple Equilibria in Macroeconomic Modeling 139(44) Stephen Morris Hyun Song Shin Comments 162(17) Andrew Atkeson Helene Rey 171(8) Discussion 179(4) Re-Examining the Contributions of Money and Banking Shocks to the U.S. Great Depression 183(78) Harold L. Cole Lee E. Ohanian Comments 227(31) Michael Bordo Christopher Erceg Charles Evans Mark Gertler 237(21) Discussion 258(3) Trade Policy and Economic Growth: A Skeptic's Guide to the Cross-National Evidence 261(78) Francisco Rodriguez Dani Rodrik Comments 325(12) Chang-Tai Hsieh Charles I. Jones 330(7) Discussion 337(2) The Six Major Puzzles in International Macroeconomics: Is There a Common Cause? 339 Maurice Obstfeld Kenneth Rogoff Comments 390 Olivier Jeanne Charles Engel 403 Discussion 411