Brookings Papers on Economic Activity

1970 - 2024

From Economic Studies Program, The Brookings Institution
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Summary of Papers pp. ix-xxv: Martin Neil Baily
Productivity Levels in Germany, Japan, and the United States: DiJferences and Causes pp. 1-69: Bart van Ark and Dirk Pilat
Competition, Regulation, and Efficiency in Service Industries pp. 71-159: Martin Neil Baily
International Trade and American Wages in the 1980s: Giant Sucking Sound or Small Hiccup? pp. 161-226: Robert Lawrence and Matthew J. Slaughter
Fat: The Displacement of Nonproduction Workers from U.S. Manufacturing Industries pp. 227-288: Richard E. Caves and Matthew B. Krepps
Industrial Research during the 1980s: Did the Rate of Return Fall? pp. 289-343: Bronwyn H. Hall
Implementing a National Technology Strategy with Self-Organizing Industry Investment Boards pp. 345-399: Paul Romer

Editors' Summary pp. ix-xxxiv: The Editors
Looting: The Economic Underworld of Bankruptcy for Profit pp. 1-74: George Akerlof and Paul Romer
Movements in the Equity Premium pp. 75-138: Olivier Blanchard
Privatizing Russia pp. 139-192: Maxim Boycko, Andrei Shleifer and Robert Vishny
Economic Activity and the Short-term Credit Markets: An Analysis of Prices and Quantities pp. 193-284: Benjamin M. Friedman and Kenneth Kuttner
Poverty, Income Distribution, and Growth: Are They Still Connected pp. 285-340: Rebecca Blank and David Card
The Responses of U.S. Firms to Exchange Rate Fluctuations: Piercing the Corporate Veil pp. 341-379: Subramanian Rangan and Robert Lawrence

Summary of Papers pp. ix-xxviii: Martin Neil Baily
Regulatory Constraints on CEO Compensation pp. 1-72: Paul Joskow, Nancy Rose and Andrea Shepard
The Incidence and Costs of Job Loss: 1982-91 pp. 73-132: Henry S. Farber
The Consumer Welfare Effects of Liability for Pain and Suffering: An Exploratory Analysis pp. 133-196: John Calfee and Clifford Winston
The Diversification of Production pp. 197-247: Boyan Jovanovic
Semiconductor Dependency and Strategic Trade Policy pp. 249-333: Kenneth Flamm
Improving Job Matches in the U.S. Labor Market pp. 335-400: John Bishop

Editors' Summary pp. ix-xxix: The Editors
The Value and Performance of U.S. Corporations pp. 1-50: Bronwyn H. Hall and Robert E. Hall
The Unstable EMS pp. 51-144: Barry Eichengreen and Charles Wyplosz
Was This Recession Different? Are They All Different? pp. 145-212: George Perry and Charles L. Schultze
Transforming State Enterprises in Poland: Evidence on Adjustment by Manufacturing Firms pp. 213-270: Brian Pinto, Marek Belka and Stefan Krajewski
The Jobless Recovery: Does It Signal a New Era of Productivity-led Growth? pp. 271-316: Robert Gordon
Tax Incentives and Equipment Investment pp. 317-347: Peter Clark

Editors' Summary pp. ix-xxvi: The Editors
Lethal Model 2: The Limits to Growth Revisited pp. 1-60: William Nordhaus
The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence pp. 61-156: Christopher Carroll
Equipment Investment and Economic Growth: How Strong Is the Nexus? pp. 157-212: J. Bradford DeLong and Lawrence H. Summers
Prospects for Russia's Economic Reforms pp. 213-284: David Lipton and Jeffrey D. Sachs
U.S. Money Demand: Surprising Cross-Sectional Estimates pp. 285-343: Casey Mulligan and Xavier Sala-I-Martin

Summary of Papers pp. ix-xxv: Martin Neil Baily
Standard Setting in High-Definition Television pp. 1-93: Joseph Farrell and Carl Shapiro
Governance Structure, Managerial Characteristics, and Firm Performance in the Deregulated Rail Industry pp. 95-186: Ann F. Friedlaender, Ernst R. Berndt and Gerard McCullough
Productivity Dynamics in Manufacturing Plants pp. 187-267: Martin Neil Baily, Charles Hulten and David Campbell
Race and School Quality Since Brown v. Board of Education pp. 269-338: Michael A. Boozer, Alan B. Kreuger and Shari Wolkon
The Structure and Performance of the Money Management Industry pp. 339-391: Josef Lakonishok, Andrei Shleifer and Robert W. Vishny
Carbon Taxes and Economic Welfare pp. 393-454: Dale Jorgenson, Daniel T. Slesnick and Peter Wilcoxen

Editors' Summary pp. ix-xxxii: The Editors
Regional Evolutions pp. 1-76: Olivier Blanchard and Lawrence Katz
Stabilization and Economic Reform in Russia pp. 77-126: Stanley Fischer
Hunting for Homo Sovieticus: Situational versus Attitudinal Factors in Economic Behavior pp. 127-194: Robert J. Shiller, Maxim Boycko and Vladimir Korobov
Official Creditor Seniority and Burden-Sharing in the Former Soviet Bloc pp. 195-234: Jeremy Bulow, Kenneth Rogoff and Afonso S. Bevilaqua
Economic Transition in Eastern Germany pp. 235-272: Rüdiger Dornbusch and Holger Wolf

Editors' Summary pp. ix-xxix: The Editors
Macroeconomic Performance and the Disadvantaged pp. 1-74: David Cutler and Lawrence Katz
Why Has the Natural Rate of Unemployment Increased over Time? pp. 75-142: Chinhui Juhn, Kevin Murphy and Robert Topel
House Price Dynamics: The Role of Tax Policy pp. 143-204: James Poterba
The Credit Crunch pp. 205-248: Ben Bernanke and Cara S. Lown
The 1991 State and Local Fiscal Crisis pp. 249-288: Edward Gramlich
Economic Reform in the USS and the Role of Aid pp. 289-302: Stanley Fischer
Economic Reforms in the Sovereign States of the Former Soviet Union pp. 303-320: William W. Hogan
Do Borders Matter? Soviet economic Reform after the Coup pp. 321-340: William Nordhaus, Merton J. Peck and Thomas J. Richardson
Reversing the Soviet Economic Collapse pp. 341-367: Andrei Shleifer and Robert Vishny

Summary of Papers pp. ix-xxxv: Martin Neil Baily
Patent Expiration, Entry, and Competition in the U.S. Pharmaceutical Industry pp. 1-66: Richard E. Caves, Michael D. Whinston and Mark A. Hurwitz
Brand Loyalty and the Decline of American Automobile Firms pp. 67-114: Fred Mannering and Clifford Winston
Wage Dispersion between and within U.S. Manufacturing Plants, 1963-86 pp. 115-200: Steven Davis and John Haltiwanger
Directions and Trends in Industrial Organization: A Review Essay on the Handbook of Industrial Organization pp. 241-280: Alvin K. Klevorick
Merger Analysis, Industrial Organization Theory, and Merger Guidelines pp. 281-332: Robert Willig

Editors' Summary pp. ix-xxvii: The Editors
East Germany in from the Cold: The Economic Aftermath of Currency Union pp. 1-106: George Akerlof, Andrew Rose, Janet Yellen and Helga Hessenius
Convergence across States and Regions pp. 107-182: Robert Barro and Xavier Sala-i-Martin
The Decline in Saving: Evidence from Household Surveys pp. 183-256: Barry Bosworth, Gary Burtless and John Sabelhaus
Financial Structure: An International Persepective pp. 257-310: Allen B. Frankel and John D. Montgomery
Efficient or Exclusionist: The Import Behavior of Japanese Corporate Groups pp. 311-341: Robert Lawrence