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Brookings Papers on Economic Activity

1970 - 2017

From Economic Studies Program, The Brookings Institution
Contact information at EDIRC.

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Volume 48, issue 1 (Spring), 2017

The Disappointing Recovery of Output after 2009 pp. 1-81 Downloads
John G. Fernald, Robert E. Hall, James H. Stock and Mark W. Watson
The Rise and Fall of U.S. Low-Skilled Immigration pp. 83-168 Downloads
Gordon Hanson, Chen Liu and Craig McIntosh
Is Europe an Optimal Political Area? pp. 169-234 Downloads
Aleberto Alesina, Guido Tabellini and Francesco Trebbi
Safety, Liquidity, and the Natural Rate of Interest pp. 235-316 Downloads
Marco Del Negro, Domenico Giannone, Marc P. Giannoni and Andrea Tambalotti
Monetary Policy in a Low Interest Rate World pp. 317-396 Downloads
Michael Kiley and John Roberts
Mortality and Morbidity in the 21st Century pp. 397-476 Downloads
Anne Case and Angus Deaton

Volume 47, issue 2 (Fall), 2016

Rules versus Discretion: A Reconsideration pp. 1-55 Downloads
Narayana Kocherlakota
Understanding Bank Risk through Market Measures pp. 57-127 Downloads
Natasha Sarin and Lawrence H. Summers
The Long Shadow of China’s Fiscal Expansion pp. 129-181 Downloads
Chong-En Bai, Chang-Tai Hsieh and Zheng (Michael) Song
Macroeconomic Effects of Disruptions in Global Food Commodity Markets: Evidence for the United States pp. 183-286 Downloads
Jasmien De Winne and Gert Peersman
Lower Oil Prices and the U.S. Economy: Is This Time Different? pp. 287-357 Downloads
Christiane Baumeister and Lutz Kilian
The Initial Economic Impact of Brexit: An Update to Early December 2016 pp. 359-366 Downloads
Maurice Obstfeld
Brexit's Long-Run Effects on the U.K. Economy pp. 367-383 Downloads
John Van Reenen
General Discussion: Symposium on Brexit and the Global Economy pp. 394-402 Downloads
Participants Bpea

Volume 47, issue 1 (Spring), 2016

Credit Policy as Fiscal Policy pp. 1-57 Downloads
Deborah Lucas
Learning from Potentially Biased Statistics pp. 59-108 Downloads
Alberto Cavallo, Guillermo Cruces and Ricardo Perez-Truglia
Does the United States Have a Productivity Slowdown or a Measurement Problem? pp. 109-182 Downloads
David Byrne, John Fernald and Marshall B. Reinsdorf
Understanding Declining Fluidity in the U.S. Labor Market pp. 183-259 Downloads
Raven Molloy, Christopher Smith, Riccardo Trezzi and Abigail Wozniak
Measuring Income and Wealth at the Top Using Administrative and Survey Data pp. 261-331 Downloads
Jesse Bricker, Alice Henriques, Jacob Krimmel and John Sabelhaus
Income Inequality, Social Mobility, and the Decision to Drop Out of High School pp. 333-396 Downloads
Melissa S. Kearney and Phillip Levine

Volume 46, issue 2 (Fall), 2015

A Crisis in Student Loans? How Changes in the Characteristics of Borrowers and in the Institutions They Attended Contributed to Rising Loan Defaults pp. 1-89 Downloads
W. Looney and Constantine Yannelis
“Dynamic Scoring”: Why and How to Include Macroeconomic Effects in Budget Estimates for Legislative Proposals pp. 91-149 Downloads
Douglas Elmendorf
Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand pp. 151-225 Downloads
Saten Kumar, Hassan Afrouzi, Olivier Coibion and Yuriy Gorodnichenko
Weather-Adjusting Economic Data pp. 227-278 Downloads
Michael Boldin and Jonathan H. Wright
Greek Debt Sustainability and Official Crisis Lending pp. 279-305 Downloads
Julian Schumacher and Beatrice Weder
The Pitfalls of External Dependence: Greece, 1829–2015 pp. 307-328 Downloads
Carmen Reinhart and Christoph Trebesch
Greek Budget Realities: No Easy Option pp. 329-347 Downloads
Christopher L. House and Linda L. Tesar
Is the Greek Crisis One of Supply and Demand? pp. 349-373 Downloads
Yannis Ioannides and Christopher A. Pissarides
General Discussion: Symposium on the Greek Debt Crisis pp. 374-383 Downloads
Participants Bpea
Overcoming the Lost Decades? Abenomics after Three Years pp. 385-431 Downloads
Joshua Hausman and Johannes Wieland
Looking for a Success in the Euro Crisis Adjustment Programs: The Case of Portugal pp. 433-458 Downloads
Ricardo Reis

Volume 46, issue 1 (Spring), 2015

Deciphering the Fall and Rise in the Net Capital Share: Accumulation or Scarcity? pp. 1-69 Downloads
Matthew Rognlie
Welfare and Distributional Implications of Shale Gas pp. 71-139 Downloads
Catherine Hausman and Ryan Kellogg
Risk Management for Monetary Policy Near the Zero Lower Bound pp. 141-219 Downloads
Charles Evans, Jonas Fisher, Francois Gourio and Spencer Krane
Economic Analysis and Statistical Disclosure Limitation pp. 221-293 Downloads
John Abowd and Ian Schmutte
Grasp the Large, Let Go of the Small: The Transformation of the State Sector in China pp. 295-366 Downloads
Chang-Tai Hsieh and Zheng (Michael) Song
Support for Redistribution in an Age of Rising Inequality: New Stylized Facts and Some Tentative Explanations pp. 367-433 Downloads
Vivekinan Ashok, Ilyana Kuziemko and Ebonya Washington

Volume 45, issue 2 (Fall), 2014

Why the Geographic Variation in Health Care Spending Cannot Tell Us Much About the Efficiency or Quality of Our Health Care System pp. 1-72 Downloads
Louise Sheiner
Efficient Credit Policies in a Housing Debt Crisis pp. 73-136 Downloads
Janice Eberly and Arvind Krishnamurthy
Seesaws and Social Security Benefits Indexing pp. 137-196 Downloads
Matthew Weinzierl
Labor Force Participation: Recent Developments and Future Prospects pp. 197-275 Downloads
Stephanie Aaronson, Tomaz Cajner, Bruce Fallick, Felix Galbis-Reig, Christopher Smith and William Wascher
The Early Impact of the Affordable Care Act, State by State pp. 277-355 Downloads
Amanda Kowalski

Volume 45, issue 1 (Spring), 2014

Abenomics: Preliminary Analysis and Outlook pp. 1-76 Downloads
Joshua Hausman and Johannes Wieland
The Wealthy Hand-to-Mouth pp. 77-153 Downloads
Greg Kaplan, Giovanni L. Violante and Justin Weidner
Effects of Unconventional Monetary Policy on Financial Institutions pp. 155-227 Downloads
Gabriel Chodorow-Reich
Are the Long-Term Unemployed on the Margins of the Labor Market? pp. 229-299 Downloads
Alan Krueger, Judd Cramer and David Cho
Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting pp. 301-373 Downloads
Kevin Sheedy
The Political Economy of Discretionary Spending: Evidence from the American Recovery and Reinvestment Act pp. 375-441 Downloads
Chris Boone, Arindrajit Dube and Ethan Kaplan

Volume 44, issue 2 (Fall), 2013

The Decline of the U.S. Labor Share pp. 1-63 Downloads
Michael Elsby, Bart Hobijn and Ayseful Sahin
Unseasonal Seasonals? pp. 65-126 Downloads
Jonathan H. Wright
The Impacts of Expanding Access to High-Quality Preschool Education pp. 127-192 Downloads
Elizabeth Cascio and Diane Whitmore Schanzenbach
Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence pp. 193-260 Downloads
Olivier Coibion, Yuriy Gorodnichenko and Dmitri Koustas
Is This Time Different? The Slowdown in Healthcare Spending pp. 261-323 Downloads
Amitabh Chandra, Jonathan Holmes and Jonathan Skinner
Boom, Bust, Recovery: Forensics of the Latvia Crisis pp. 325-388 Downloads
Olivier Blanchard, Mark Griffiths and Bertrand Gruss

Volume 44, issue 1 (Spring), 2013

The Missing "One-Offs": The Hidden Supply of High-Achieving, Low-Income Students pp. 1-65 Downloads
Caroline Hoxby and Christopher Avery
Rising Inequality: Transitory or Persistent? New Evidence from a Panel of U.S. Tax Returns pp. 67-142 Downloads
Jason DeBacker, Bradley Heim, Vasia Panousi, Shanthi Ramnath and Ivan Vidangos
The Portugese Slump and Crash and the Euro Crisis pp. 143-210 Downloads
Ricardo Reis
The Minimum Balance at Risk: A Proposal to Mitigate the Systemic Risks Posed by Money Market Funds pp. 211-278 Downloads
Patrick E. McCabe, Marco Cipriani, Michael Holscher and Antoine Martin
Measuring Financial Inclusion: Explaining Variation in Use of Financial Services across and within Countries pp. 279-340 Downloads
Asli Demirguc-Kunt and Leora Klapper
Fifty Years of Family Planning: New Evidence on the Long-Run Effects of Increasing Access to Contraception pp. 341-409 Downloads
Martha Bailey
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