Brookings Papers on Economic Activity

1970 - 2025

From Economic Studies Program, The Brookings Institution
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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 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 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

Editors' Summary pp. ix-xxxv: The Editors
What Does Monetary Policy Do? pp. 1-78: Eric Leeper, Christopher Sims and Tao Zha
Macroeconomic Implications of Variation in the Workweek of Capital pp. 79-134: Matthew Shapiro
Economic Growth in East Asia: Accumulation versus Assimilation pp. 135-204: Susan M. Collins and Barry Bosworth
Japan and the Asian Economies: A 'Miracle' in Transition pp. 205-272: Takatoshi Ito
China's Emergence and Prospects as a Trading Nation pp. 273-344: Barry Naughton
Lessons from East Asia and the Pacific Rim pp. 345-350: Stanley Fischer
Some Missing Elements pp. 351-356: Edward J. Lincoln
East Asian Liberalization and the Challenge from China pp. 357-371: Yung Chul Park

Summary of the Papers pp. ix-xiv: Peter C. Reiss
Technical Progress and Co-invention in Computing and in the Uses of Computers pp. 1-83: Timothy Bresnahan and Shane Greenstein
Causes and Consequences of Airline Fare Wars pp. 85-131: Steven A. Morrison and Cliff Winston
Pharmaceutical Innovations and Market Dynamics: Tracking Effects on Price Indexes for Antidepressant Drugs pp. 133-199: Ernst R. Berndt, Iain Cockburn and Zvi Griliches
Pharmaceutical Innovations and Market Dynamics: Tracking Effects on Price Indexes for Antidepressant Drugs pp. 201-267: Ernst R. Berndt, Iain Cockburn and Zvi Griliches

Editors' Summary pp. ix-xxxiii: The Editors
The Macroeconomics of Low Inflation pp. 1-76: George Akerlof, William R. Dickens and George Perry
A Price Target for U.S. Monetary Policy? Lessons from the Experience with Money Growth Targets pp. 77-146: Benjamin M. Friedman and Kenneth Kuttner
Financial Crises in Emerging Markets: The Lessons from 1995 pp. 147-216: Jeffrey D. Sachs, Aaron Tornell and Andrés Velasco
How to Stabilize: Lessons from Post-communist Countries pp. 217-314: Anders Aslund, Peter Boone and Simon Johnson
Understanding the Postwar Decline in U.S. Saving: A Cohort Analysis pp. 315-407: Jagadeesh Gokhale, Laurence Kotlikoff and John Sabelhaus

Editors' Summary pp. ix-xxxiv: The Editors
Plant-Level Adjustment and Aggregate Investment Dynamics pp. 1-54: Ricardo Caballero, Eduardo Engel and John Haltiwanger
The Transformation of the U.S. Banking Industry: What a Long, Strange Trips It's Been pp. 55-218: Allen N. Berger, Anil Kashyap and Joseph M. Scalise
Currency Crises and Collapses pp. 219-294: Rüdiger Dornbusch, Ilan Goldfajn and Rodrigo Valdés
Stock Ownership Patterns, Stock Market Fluctuations, and Consumption pp. 295-372: James Poterba and Andrew Samwick
What Do Cross-Country Studies Teach about Government Involvement, Prosperity, and Economic Growth? pp. 373-431: Joel Slemrod

Summary of Papers pp. ix-xvi: Peter C. Reiss
Old Dogs and New Tricks: Determinants of the Adoption of Productivity-Enhancing Work Practices pp. 1-65: Casey Ichniowski and Kathryn Shaw
Exporters, Jobs, and Wages in U.S. Manufacturing: 1976-1987 pp. 67-119: Andrew Bernard and J. Jensen
Participation and Productiviy: A Comparison of Worker Cooperatives and Conventional Firms in the Plywood Industry pp. 121-174: Ben Craig and John Pencavel
The Information-Integrated Channel: A Study of the U.S. Apparel Industry in Transition pp. 175-246: Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond and David Weil
A Bayesian Learning Model Fitted to a Variety of Empirical Learning Curves pp. 247-305: Boyan Jovanovic and Yaw Nyarko
Efficiency in Manufacturing and the Need for Global Competition pp. 307-358: Martin Neil Baily and Hans Gersbach

Editors' Summary pp. ix-xxxiii: The Editors
Economic Reform and the Process of Global Integration pp. 1-118: Jeffrey D. Sachs and Andrew Warner
Intenational Currency Experience: New Lessons and Lessons Relearned pp. 119-220: Maurice Obstfeld
Lost Jobs pp. 221-274: Robert Hall
The Growth of Nations pp. 275-326: N. Gregory Mankiw
Growing World Trade: Causes and Consequences pp. 327-377: Paul Krugman