{"title":"Franco Modigliani","description":null,"products":[{"product_id":"collected-papers-book-franco-modigliani-9780262131506","title":"The Collected Papers","description":null,"brand":"WoB","offers":[{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50347494768913,"sku":"CIN0262131501VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262131501.jpg?v=1751164830"},{"product_id":"adventures-of-an-economist-book-franco-modigliani-9781587990076","title":"ADVENTURES OF AN ECONOMIST","description":"Adventures of an Economist is both an autobiography and an uncommon opportunity to share the thinking of one of the world's most brilliant and influential economists.  Franco Modigliani takes the reader on a journey from his childhood in Rome through Fascism, his flight from Nazism, and his arrival in the United States.","brand":"WoB","offers":[{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50482772771089,"sku":"CIN1587990075VG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":51295359369489,"sku":"GOR002301843","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ GOOD \/ SBYB","offer_id":53202768822545,"sku":"CIN1587990075G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ GOOD \/ INTERNAL","offer_id":53259177001233,"sku":"GOR006721509","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1587990075.jpg?v=1751213846"},{"product_id":"monetarist-controversy-book-franco-modigliani-9781410220981","title":"The Monetarist Controversy","description":"At the January 1977 meeting of its monthly Economic Seminar series, the Federal Reserve Bank of San Francisco was honored to present Prof. Franco Modigliani, Immediate Past President of the American Economic Association. In his paper, Prof. Modigliani developed some of the themes which he had first covered last September in his AEA Presidential Address, ?gThe Monetarist ControversyYOr, Should We Forsake Stabilization Policies??h The Bank was doubly fortunate to obtain, as seminar discussant, Nobel Laureate Milton Friedman, who was serving as Visiting Scholar at this institution during the winter term. This supplement to the Bank?fs Economic Review contains Prof. Modigliani?fs lecture, Prof. Friedman?fs reply, the discussion between the two and a floor discussionYplus, as an appendix, Prof. Modigliani?fs AEA Presidential Address. The seminar was chaired by Dr. Michael W. Keran, Vice President and Director of Research for the Federal Reserve Bank of San Francisco.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51024776757521,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51024780165393,"sku":"NIN9781410220981","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1410220982.jpg?v=1751403750"},{"product_id":"debate-over-stabilization-policy-book-franco-modigliani-9780521189705","title":"The Debate Over Stabilization Policy","description":"This 1986 book examines some of the main issues that have characterized macroeconomics: the debate between 'monetarists' and 'Keynesians'; the response to demand shocks and supply shocks, by which the monetary authorities control aggregrate nominal income and the use and relevance of the money supply as a target; and the consumption function and the determinants of wealth. It shows that Keynesian stabilization policies succeeded in reducing instability due to demand shocks dramatically, but that no aggregrate demand policy can stabilize both price and employment simultaneously after a supply shock. However, by assigning an overall 'social cost' to (excess) unemployment and (initially) unexpected inflation, an optimism path can be derived. In looking at the consumption function and determinants of wealth the empirical evidence is shown to be most consistent with the life-cycle hypothesis. A concluding section is devoted to the impact on private and national society of the 'social security revolution'.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51117887815953,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51117889782033,"sku":"NIN9780521189705","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52477348380945,"sku":"NLS9780521189705","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0521189705.jpg?v=1750698141"},{"product_id":"collected-papers-of-franco-modigliani-book-franco-modigliani-9780262519335","title":"The Collected Papers of Franco Modigliani","description":"These two volumes bring together articles, commentaries, and excerpts by Nobel Prize-winning economist Franco Modigliani published from the late 1970s to 1989. The 11 essays collected in Volume 4 focus on money and inflation and on stabilization policies for growth and unemployment. The 21 essays in Volume 5 cover saving and wealth, deficits, the real effects of inflation, and finance.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52089214730513,"sku":"NLS9780262519335","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780262519335.jpg?v=1756906275"},{"product_id":"collected-papers-of-franco-modigliani-book-franco-modigliani-9780262519328","title":"The Collected Papers of Franco Modigliani","description":"\u003cp\u003eThese two volumes bring together articles, commentaries, and excerpts by Nobel Prize-winning economist Franco Modigliani published from the late 1970s to 1989.The 11 essays collected in Volume 4 focus on money and inflation and on stabilization policies for growth and unemployment. The 21 essays in Volume 5 cover saving and wealth, deficits, the real effects of inflation, and finance.Franco Modigliani is Institute Professor and Professor of Economics and Finance at MIT. Simon Johnson, a graduate of MIT, is Junior Scholar at the Harvard Academy of International and Area Studies.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52334255178001,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52334255898897,"sku":"NLS9780262519328","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780262519328.jpg?v=1758156315"},{"product_id":"rethinking-pension-reform-book-franco-modigliani-9780521834117","title":"Rethinking Pension Reform","description":"This book presents an academic and a practical aspect on managing pension funds to clarify the global debate on social security. The authors establish the basic choices in designating any system to help policy makers develop the system that achieves their many objectives. They examine reforms in Latin America to highlight flaws and to estimate the true cost of these reforms and factors affecting these costs. The authors then discuss how the United States and Spain can implement robust systems incorporating many of the ideal features. The success of reforms depends on financial innovation to mitigate key risks and some innovations are discussed, which also demonstrates how pension reform choices affect the achievement of retirement objectives.  Finally, the authors examine some proposed hybrid options to show how the beneficial features of these hybrids can be captured through good design in a single fund.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52409625772305,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52409626362129,"sku":"NLS9780521834117","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780521834117.jpg?v=1758775461"},{"product_id":"rethinking-pension-reform-book-franco-modigliani-9780521676533","title":"Rethinking Pension Reform","description":"This book presents an academic and a practical aspect on managing pension funds to clarify the global debate on social security. The authors establish the basic choices in designating any system to help policy makers develop the system that achieves their many objectives. They examine reforms in Latin America to highlight flaws and to estimate the true cost of these reforms and factors affecting these costs. The authors then discuss how the United States and Spain can implement robust systems incorporating many of the ideal features. The success of reforms depends on financial innovation to mitigate key risks and some innovations are discussed, which also demonstrates how pension reform choices affect the achievement of retirement objectives.  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