Brookings Papers on Economic Activity

1970 - 2007

from Economic Studies Program, The Brookings Institution
Contact information at EDIRC.
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A Tribute to George Perry and William Brainard pp. 1-6: Robert J. Gordon
In Honor of William Brainard and George Perry pp. 7-12: Robert E. Hall
How Much Do We Understand about the Modern Recession? pp. 13-30: Robert E. Hall
Unfinished Business in the Macroeconomics of Low Inflation: A Tribute to George and Bill by Bill and George pp. 31-48: George A. Akerlof and William T. Dickens
What We Still Don't Know about Monetary and Fiscal Policy pp. 49-74: Benjamin M. Friedman
Monetary Policy Models pp. 75-90: Christopher A. Sims
Living with Global Imbalances pp. 91-110: Richard N. Cooper
Low Interest Rates and High Asset Prices: An Interpretation in Terms of Changing Popular Economic Models pp. 111-134: Robert J. Shiller
Long-Run Changes in the Wage Structure: Narrowing, Widening, Polarizing pp. 135-168: Claudia Goldin and Lawrence F. Katz
Selected Issues in the Rise of Income Inequality pp. 169-192: Robert J. Gordon and Ian Dew-Becker
Are We Having More Fun Yet? Categorizing and Evaluating Changes in Time Alloction pp. 193-218: Alan B. Krueger
Are We Having More Fun Yet? Categorizing and Evaluating Changes in Time Alloction pp. 219-240: William D. Nordhaus

International Reserves in Emerging Market Countries: Too Much of a Good Thing? pp. 1-80: Olivier Jeanne
Explaining a Productive Decade pp. 81-152: Stephen D. Oliner, Daniel E. Sichel and Kevin J. Stiroh
Foreign Capital and Economic Growth pp. 153-230: Eswar S. Prasad, Raghuram G. Rajan and Arvind Subramanian
The Effect of Dividends on Consumption pp. 231-292: Malcolm Baker, Stefan Nagel and Jeffrey Wurgler
Cracking the Conundrum pp. 293-329: David K. Backus and Jonathan H. Wright

The Sources and Sustainability of China's Economic Growth pp. 1-60: Gary H. Jefferson, Albert G. Z. Hu and Jian Su
The Return to Capital in China pp. 61-102: Chong-En Bai, Chang-Tai Hsieh and Yingyi Qian
The Contradiction in China's Gradualist Banking Reforms pp. 103-162: Wendy Dobson and Anil K. Kashyap

Bubble, Bubble, Where's the Housing Bubble? pp. 1-68: Margaret Hwang Smith and Gary Smith
The Recent Decline in the Labor Force Participation Rate and Its Implications for Potential Labor Supply pp. 69-154: Stephanie Aaronson, Bruce Fallick, Andrew Figura, Jonathan Pingle and William Wascher
Are Successive Generations Getting Wealthier, and If So, Why? pp. 155-234: Willaim G. Gale and Karen M. Pence
Reforming the Defined-Benefit Pension System pp. 235-304: David W. Wilcox

An Analysis of Russia's 1998 Meltdown: Fundamentals and Market Signals pp. 1-68: Homi Kharas, Brian Pinto and Sergei Ulatov

Central Bank Transparency and the Signal Value of Prices pp. 1-66: Stephen Morris and Hyun Song Shin
Where Did Productivity Growth Go? Inflation Dynamics and the Distribution of Income pp. 67-150: Ian Dew-Becker and Robert J. Gordon
Are Empowerment and Education Enough? Underdiversification in 401(k) Plans pp. 151-214: James Jinwoo Choi, David Laibson and Brigitte C. Madrian
A Robust Strategy for Sustainable Energy pp. 215-284: Klaus S. Lackner and Jeffrey D. Sachs
Gauging Employment: Is the Professional Wisdom Wrong? pp. 285-321: George C. Perry

International Investors, the U.S. Current Account, and the Dollar pp. 1-66: Olivier Blanchard, Francesco Giavazzi and Filipa Sa
Global Current Account Imbalances and Exchange Rate Adjustments pp. 67-146: Maurice Obstfeld and Kenneth S. Rogoff
Is It 1958 or 1968? Three Notes on the Longevity of the Revived Bretton Woods System pp. 147-210: Michael Dooley and Peter Garber
Is the U.S. Current Account Deficit Sustainable? If Not, How Costly Is Adjustment Likely to Be? pp. 211-288: Sebastian Edwards
Asset Returns and Economic Growth pp. 289-330: Dean Baker, J. Bradford Delong and Paul R. Krugman

Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment pp. 1-100: Ben S. Bernanke, Vincent R. Reinhart and Brian P. Sack
Budget Deficits, National Saving, and Interest Rates pp. 101-210: William G. Gale and Peter R. Orszag
What Happened to the Great U.S. Job Machine? The Role of Trade and Electronic Offshoring pp. 211-284: Martin Neil Baily and Robert Z. Lawrence
Investment, Fiscal Policy, and Capital Overhang pp. 285-355: Mihir A. Desai and Austan D. Goolsbee

Assessing the Impact of Welfare Reform on Single Mothers pp. 1-116: Hanming Fang and Michael P. Keane
Ending Africa's Poverty Trap pp. 117-240: Author-Name: Jeffrey D. Sachs, John W. McArthur, Guido Schmidt-Traub, Margaret Kruk, Chandrika Bahadur, Michael Faye and Gordon McCord
Demography and the Long-Run Predictability of the Stock Market pp. 241-326: Author-Name: John Geanakoplos, Michael Magill and Martine Quinzii
What Does the Public Know about Economic Policy, and How Does It Know It? pp. 327-397: Author-Name: Alan S. Blinder and Alan B. Krueger

Liberalization, Growth, and Financial Crises: Lessons from Mexico and the Developing World pp. 1-112: Aaron Tornell, Frank Westermann and Lorenza Martinez
The Empirics of Growth: An Update pp. 113-206: Barry P. Bosworth and Susan M. Collins and Georgetown University
Exploding Productivity Growth: Context, Causes, and Implications pp. 207-298: Robert J. Gordon
Is There a Bubble in the Housing Market? pp. 299-362: Karl E. Case and Robert J. Shiller

Debt Intolerance pp. 1-74: Carmen Reinhart, Kenneth S. Rogoff and Miguel A. Savastano
Fiscal Policy, Past and Present pp. 75-138: Alan J. Auerbach
The Zero Bound on Interest Rates and Optimal Monetary Policy pp. 139-235: Gauti B. Eggertsson and Michael Woodford
Policy Evaluation in Uncertain Economic Environments pp. 235-322: William A. Brock, Steven N. Durlauf and Kenneth D. West
Did Pension Plan Accounting Contribute to a Stock Market Bubble? pp. 323-371: Julia Lynn Coronado and Steven A. Sharpe