Acknowledgments Introduction Christina D. Romer, David H. Romer. 1: Why Do People Dislike Inflation? Robert J. Shiller Comment: N. Gregory Mankiw 2: Does Inflation Grease the Wheels of the Labor Market? David Card, Dean Hyslop. Comment: John Shea 3: The Costs and Benefits of Going from Low Inflation to Price Stability Martin Feldstein Comment: Andrew B. Abel 4: Disinflation and the NAIRU Laurence Ball Comment: Olivier J. Blanchard 5: How Precise Are Estimates of the Natural Rate of Unemployment? Douglas Staiger, James H. Stock, Mark W. Watson. Comment: Alan B. Krueger 6: America's Peacetime Inflation: The 1970s J. Bradford De Long Comment: John B. Taylor 7: Do Shortages Cause Inflation? Owen Lamont Comment: Matthew D. Shapiro 8: Institutions for Monetary Stability Christina D. Romer, David H. Romer. Comment: Benjamin M. Friedman 9: Why Does Inflation Differ across Countries? Marta Campillo, Jeffrey A. Miron. Comment: Maurice Obstfeld 10: How the Bundesbank Conducts Monetary Policy Richard Clarida, Mark Gertler. Comment: Rudiger Dornbusch Contributors Author Index Subject Index
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