Brookings Papers on Economic Activity

1970 - 2024

From Economic Studies Program, The Brookings Institution
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Editors' Summary pp. ix-xliv: The Editors
Social Security Reform and National Saving in an Era of Budget Surpluses pp. 1-72: Douglas Elmendorf and Jeffrey Liebman
E-Capital: The Link between the Stock Market and the Labor Market in the 1990s pp. 73-118: Robert E. Hall
Real Estate and Macroeconomy pp. 119-162: Karl Case
The Economic Consequences of Disappearing Government Debt pp. 163-220: Vincent Reinhart and Brian Sack
Financial Market Implications of the Federal Debt Paydown pp. 221-252: Michael J. Flemming
Tax Smoothing Implications of the Federal Debt Paydown pp. 253-302: George J. Hall and Stefan Krieger
Local Corruption and Global Capital Flows pp. 303-354: Shang-Jin Wei

Editors' Summary pp. ix-xxxii: The Editors
Near-Rational Wage and Price Setting and the Long-Run Phillips Curve pp. 1-60: George Akerlof, William T. Dickens and George Perry
The Stock Market and Investment in the New Economy: Some Tangible Facts and Intangible Fictions pp. 61-124: Stephen R. Bond and Jason G. Cummins
Raising the Speed Limit: U.S. Economic Growth in the Information Age pp. 125-236: Dale Jorgenson and Kevin J. Stiroh
Roots of the Recent Recoveries: Labor Reforms or Private Sector Forces? pp. 237-311: Jean-Paul Fitoussi, David Jestaz, Edmund Phelps and Gylfi Zoega

Editors' Summary pp. ix-xxxii: The Editors
Evidence on the High-Income Laffer Curve from Six Decades of Tax Reform pp. 1-64: Austan Goolsbee
The Adequacy of Retirement Saving pp. 65-188: Eric M. Engen, William Gale and Cori R. Uccello
Aggregate demand and Long-Run Unemployment pp. 189-252: Laurence Ball
Financial Crises in the 1890s and the 1990s: Must History Repeat pp. 253-294: J. Bradford Delong
Stability, Asymmetry, and Discontinuity: The Launch of European Monetary Union pp. 295-372: Giancarlo Corsetti and Paolo Pesenti

Editors' Summary pp. ix-xxxiii: The Editors
The High-Pressure U.S. Labor Market of the 1990s pp. 1-88: Lawrence Katz and Alan Krueger
Should Capital Controls be Banished? pp. 89-142: Richard N. Cooper
Capital Flows to Developing Economies: Implications for Saving and Investment pp. 143-180: Barry Bosworth and Susan M. Collins
Perspectives on the Household Saving Rate pp. 181-224: William Gale and John Sabelhaus
Should We Fear Deflation? pp. 225-252: J. Bradford DeLong

Editors' Summary pp. ix-xxxix: The Editors
Economic Crises: Evidence and Insights from East Asia pp. 1-136: Jason Furman and Joseph Stiglitz
It's Baaack: Japan's Slump and the Return of the Liquidity Trap pp. 137-206: Paul Krugman
Geography, Demography, and Economic Growth in Africa pp. 207-296: David Bloom and Jeffrey D. Sachs
Foundations of the Goldilocks Economy: Supply Shocks and the Time-Varying NAIRU pp. 297-346: Robert Gordon
Japan's Financial Problems pp. 347-385: Edward J. Lincoln

Summary of the Papers pp. ix-xvi: Peter C. Reiss
Product and Stock Market Responses to Automotive Prodct Liability Verdicts pp. 1-53: Steven Garber and John Adams
The Distribution of the Insurance Market Effects of Tort Liability Reforms pp. 55-105: Patricia H. Born and W Viscusi
The Link between Liability Reforms and Productivity: Some Empirical Evidence pp. 107-148: Thomas J. Campbell, Daniel P. Kessler and George B. Shepherd
What Drives Venture Capital Fundraising? pp. 149-204: Paul Gompers and Josh Lerner
Capital's Contribution to Productivity and the Nature of Competition pp. 205-248: Axel Boersch-Supan
Extending the East Asian Miracle: Microeconomic Evidence from Korea pp. 249-321: Martin Neil Baily and Eric Zitzewitz
The Tobacco Deal pp. 323-394: Jeremy Bulow and Paul Klemperer

Editors' Summary pp. ix-xxxv: The Editors
The East Asian Financial Crisis: Diagnosis, Remedies, Prospects pp. 1-90: Steven Radelet and Jeffrey D. Sachs
Self-Control and Saving for Retirement pp. 91-196: David Laibson, Andrea Repetto and Jeremy Tobacman
The Political Economy of Fiscal Adjustments pp. 197-266: Alberto Alesina, Roberto Perotti and Jose Tavares
The Wealth Dynamics of American Families, 1984-94 pp. 267-338: Erik Hurst, Ming-Ching Luoh and Frank P. Stafford
Hours Reductions as Work-Sharing pp. 339-381: Jennifer Hunt

Editors' Summary pp. ix-xxxiii: The Editors
Macroeconomics Aspects of Social Security Reform pp. 1-88: Peter Diamond
The Medium Run pp. 89-158: Olivier Blanchard
The Unofficial Economy in Transition pp. 159-240: Simon Johnson, Daniel Kaufman and Andrei Shleifer
Europe's Gamble pp. 241-317: Maurice Obstfeld

Summary of the Papers pp. ix-xv: Peter C. Reiss
Valuing the Effect of Regulation on New Services in Telecommunications pp. 1-54: Jerry A. Hausman
The Changing Face of Job Loss in the United States, 1981-1995 pp. 55-142: Henry S. Farber
Health Care Productivity pp. 143-216: Martin Neil Baily and Alan M. Garber
Measuring the Health of the U.S. Population pp. 217-282: David M. Cutler and Elizabeth Richardson
Antitrust Issues in the Licensing of Intellectual Property: The Nine No-No's Meet the Nineties pp. 283-349: Richard Gilbert and Carl Shapiro

Editors' Summary pp. ix-xxxiv: The Editors
How Much Do Immigration and Trade Affect Labor Market Outcomes? pp. 1-90: George Borjas, Richard B. Friedman and Lawrence Katz
Systematic Monetary Policy and the Effects of Oil Price Shocks pp. 91-157: Ben Bernanke, Mark Gertler and Mark Watson
Public Resistance to Indexation: A Puzzle pp. 159-228: Robert J. Shiller
Can Families Smooth Variable Earnings? pp. 229-303: Susan Dynarski and Jonathan Gruber
Addressing the Quality Change Issue in the Consumer Price Index pp. 305-366: Brent Moulton and Karin E. Moses
Brazil's Incomplete Stabilization and Reform pp. 367-404: Rüdiger Dornbusch