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Brookings Papers on Economic Activity

1970 - 2011

from Economic Studies Program, The Brookings Institution
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Volume 43, issue 2 (Fall), 2011

Editors' Summary pp. vii-xiv Downloads
The Editors
Recessions and the Costs of Job Loss pp. 1-72 Downloads
Steven J. Davis and Till Von Wachter
What do Small Businesses Do? pp. 73-142 Downloads
Erik Hurst and Benjamin Wild Pugsley
Unemployment Insrance and Job Search in the Great Recession pp. 143-213 Downloads
Jesse Rothstein
The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy pp. 215-287 Downloads
Arvind Krishnamurthy and Annette Vissing-Jorgensen
The Labor Market in the Great Recession — An Update to September 2011 pp. 353-384 Downloads
Michael Elsby, Bart Hobijn, Aysegul Sahin and Robert G. Valletta
The Income- and Expenditure-Side Estimates of U.S. Output Growth — An Update to 2011Q2 pp. 385-411 Downloads
Jeremy J. Nalewaik

Volume 42, issue 1 (Spring), 2011

Editors' Summary pp. vii-xiii Downloads
The Editors
Job Search, Emotional Well-Being and Job Finding in a Period of Mass Unemployment: Evidence from High-Frequency Longitudinal Data pp. 1-81 Downloads
Alan B. Krueger and Andreas . Mueller
Financially Fragile Households: Evidence and Implications pp. 83-150 Downloads
Annamaria Lusardi, Daniel Schneider and Peter Tufano
Let's Twist Again: A High-Frequency Event-study Analysis of Operation Twist and Its Implications for QE2 pp. 151-207 Downloads
Eric T. Swanson
An Exploration of Optimal Stabilization Policy pp. 209-272 Downloads
N. Gregory Mankiw and Matthew C Weinzierl
What Explains the German Labor Market Miracle in the Great Recession pp. 273-335 Downloads
Michael Christopher Burda and Jennifer Hunt
Practical Monetary Policy: Examples from Sweden and the United States pp. 289-352 Downloads
Lars E. O. Svensson
Inflation Dynamics and the Great Recession pp. 337-405 Downloads
Laurence Ball and Sandeep Mazumder

Volume 41, issue 2 (Fall), 2010

Editors' Summary pp. vii-xii Downloads
The Editors
The Increase in Income Cyclicality of High-Income Households and Its Relation to the Rise in Top Income Shares pp. 1-70 Downloads
Jonathan A. Parker and Annette Vissing-Jorgensen
The State of Social Safety Net in the Post-Welfare Reform Era pp. 71-147 Downloads
Marianne P. Bitler and Hilary Williamson Hoynes
The Impact of No Child Left Behind on Students, Teachers, and Schools pp. 149-207 Downloads
Thomas Dee and Brian A. Jacob
How Useful Are Estimated DSGE Model Forecasts for Central Bankers? pp. 209-259 Downloads
Rochelle M. Edge and Refet S. Gürkaynak
Regulating the Shadow Banking System pp. 261-312 Downloads
Gary Gorton and Andrew Metrick
State Fiscal Policies and Transitory Income Fluctuations pp. 313-350 Downloads
James R. Hines

Volume 41, issue 1 (Spring), 2010

Editors' Summary pp. vii-xiii Downloads
The Editors
The Labor Market in the Great Recession pp. 1-69 Downloads
Michael Elsby, Bart Hobijn and Aysegul Sahin
The Income- and Expenditure-Side Estimates of U.S. Output Growth pp. 71-127 Downloads
Jeremy J. Nalewaik
The Rug Rat Race pp. 129-199 Downloads
Garey Ramey and Valerie Ann Ramey
The Crisis pp. 201-261 Downloads
Alan Greenspan
The Initial Impact of the Crisis on Emerging Market Countries pp. 263-323 Downloads
Olivier Blanchard, Mitali Das and Hamid Faruqee
Geographic Variation in Health Care: The Role of Private Markets pp. 325-361 Downloads
Tomas J. Philipson, Seth A. Seabury, Lee M. Lockwood, Dana P. Goldman and Darius N. Lakdawalla

Volume 40, issue 2 (Fall), 2009

Editors' Summary pp. vii-xii Downloads
Robert E. Hall
Heeding Daedalus: Optimal Inflation and the Zero Lower Bound pp. 1-49 Downloads
John C. Williams
The Age of Reason: Financial Decisions over the Life Cycle and Implications for Regulation pp. 51-117 Downloads
Sumit Agarwal, John C. Driscoll, Xavier Gabaix and David Isaac Laibson
Interpreting the Unconventional U.S. Monetary Policy of 2007-09 pp. 119-182 Downloads
Ricardo Reis
By How Much Does GDP Rise If the Government Buys More Output? pp. 183-249 Downloads
Robert Ernest Hall
When the North Last Headed South: Revisiting the 1930s pp. 251-276 Downloads
Carmen M. Reinhart and Vincent Raymond Reinhart

Volume 40, issue 1 (Spring), 2009

Editors' Summary pp. vii-xi Downloads
The Editors
The Financial Crisis: An Inside View pp. 1-78 Downloads
Phillip Lee Swagel
Understanding Inflation-Indexed Bond Markets pp. 79-138 Downloads
John Y. Campbell, Robert J. Shiller and Luis M. Viceira
Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending pp. 139-214 Downloads
Christina Duckworth Romer and David Romer
Causes and Consequences of the Oil Shock of 2007-08 pp. 215-283 Downloads
James Hamilton
Why Doesn't Capitalism Flow to Poor Countries? pp. 285-332 Downloads
Rafael Di Tella and Robert Jack MacCulloch

Volume 39, issue 2 (Fall), 2008

Editors' Summary pp. vii-xi Downloads
The Editors
Financial Crash, Commody Prices, and Global Inbalances pp. 1-68 Downloads
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Making Sense of the Subprime Crisis pp. 69-159 Downloads
Kristopher Gerardi, Andreas Lehnert, Shane M. Sherlund and Paul Willen
The Central Role of Home Prices in the Current Financial Crisis: How Will the Market Clear? pp. 161-193 Downloads
Karl E. Case
Beyond Leveraged Losses: The Balance Sheet Effects of the Home Price Downturn pp. 195-227 Downloads
Jan Hatzius
Financial Regulation in a System Context pp. 229-274 Downloads
Stephen Morris and Hyun Song Shin
The Unofficial Economy and Economic Development pp. 275-363 Downloads
Rafael La Porta and Andrei Shleifer
The Real Exchange Rate and Economic Growth pp. 365-439 Downloads
Dani Rodrik

Volume 39, issue 1 (Spring), 2008

Editors' Summary pp. vii-xii Downloads
The Editors
Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox pp. 1-102 Downloads
Betsey Stevenson and Justin Wolfers
Trade and Wages, Reconsidered pp. 103-154 Downloads
Paul R. Krugman
The Economics of Place-Making Policies pp. 155-253 Downloads
Edward L. Glaeser and Joshua D. Gottlieb
Macroeconomic Crises since 1870 pp. 255-350 Downloads
Robert J. Barro and Jose F. Ursua
When Does POlicy Reform Work? The Case of Central Bank Independence pp. 351-429 Downloads
Daron Acemoglu, Simon Johnson, Pablo Querubin and James A. Robinson
Earning from History? Financial Markets and the Approach of World Wars pp. 431-490 Downloads
Niall Ferguson
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