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Brookings Papers on Economic Activity

1970 - 2025

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

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Volume 22, issue 2, 1991

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

Volume 22, issue 1991 Microeconomics, 1991

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

Volume 22, issue 1, 1991

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

Volume 21, issue 2, 1990

Editors' Summary pp. ix-xxx Downloads
The Editors
Extreme Inflation: Dynamics and Stabilization pp. 1-84 Downloads
Rüdiger Dornbusch, Federico Sturzenegger and Holger Wolf
The Cyclical Behovior of the Gross Flows of U.S. Workers pp. 85-156 Downloads
Olivier Blanchard and Peter Diamond
The Stock Market and Investment: Is the Market a Sideshow? pp. 157-216 Downloads
Randall Morck, Andrei Shleifer and Robert Vishny
European Monetary Reform: Progress and Prospects pp. 217-292 Downloads
Alberto Giovannini
Privitization in Eastern Europe: The Case of Poland pp. 293-342 Downloads
David Lipton and Jeffrey Sachs
U.S. Current Account Adjustment: An Appraisal pp. 343-392 Downloads
Robert Lawrence

Volume 21, issue 1990 Microeconomics, 1990

Summary of Papers pp. ix-xxxviii Downloads
Martin Neil Baily
Hostile Takeovers in the 1980s: The Return to Corporate Specialization pp. 1-84 Downloads
Sanjai Bhagat, Andrei Shleifer and Robert W. Vishny
The Impact of Corporate Restructuring on Industrial Research and Development pp. 85-135 Downloads
Bronwyn Hall
R&D Cooperation and Competition pp. 137-203 Downloads
Michael Katz and Janusz A. Ordover
Vertical Integration and Market Foreclosure pp. 205-286 Downloads
Oliver Hart and Jean Tirole
The Concentration-Margins Relationship Reconsidered pp. 287-335 Downloads
Michael Salinger
Capital, Labor, and Productivity pp. 337-367 Downloads
Paul Romer
The Productivity of Capital in a Period of Slower Growth pp. 369-420 Downloads
Martin Neil Baily and Charles L. Schultze

Volume 21, issue 1, 1990

Editors' Summary pp. ix-xxxi Downloads
The Editors
An Aging Society: Opportunity or Challenge? pp. 1-74 Downloads
David Cutler, James Poterba, Louise M. Sheiner and Lawrence Summers
Creating a Market Economy in Eastern Europe: The Case of Poland pp. 75-148 Downloads
David Lipton and Jeffrey D. Sachs
New Evidence on the Monetary Transmission Mechanism pp. 149-214 Downloads
Christina Romer and David Romer
Inflation and Uncertainty at Long and Short Horizons pp. 215-254 Downloads
Laurence Ball and Stephen Cecchetti
U.S. Corporate Leverage: Developments in 1987 and 1988 pp. 255-286 Downloads
Ben Bernanke, John Campbell and Toni Whited
Soviet Economic Reform: The Longest Road pp. 287-318 Downloads
William Nordhaus

Volume 20, issue 2, 1989

Joseph A. Pechman, 1918-1989 pp. viii-ix Downloads
George Perry
Editors' Summary pp. xi-xxxv Downloads
The Editors
Alternative Approaches to the Political Business Cycle pp. 1-68 Downloads
William Nordhaus
Output Persistence, Economic Structure, and the Choice of Stabilization Policy pp. 69-136 Downloads
Steven Durlauf
Economic Implications of Extraordinary Movements in Stock Prices pp. 137-190 Downloads
Benjamin M. Friedman and David Laibson
Wage Pressures and Labor Shortages: The 1960s and 1980s pp. 191-231 Downloads
Daniel J. B. Mitchell
Norm Shifts in Union Wages: Will 1989 Be a Replay of 1969? pp. 233-276 Downloads
Michael L. Wachter and William H. Carter
Industrial Organization and the Gains from Europe 1992 pp. 277-300 Downloads
Merton J. Peck
Financial Markets and 1992 pp. 301-324 Downloads
Vittorio Grilli
Europe without Borders pp. 325-340 Downloads
Richard N. Cooper
Europe 1992: Macroeconomics Implications pp. 341-381 Downloads
Rüdiger Dornbusch

Volume 20, issue 1989 Microeconomics, 1989

Summary of Papers pp. ix-xlix Downloads
Martin Neil Baily
The Economic Theory of Regulation after a Decade of Deregulation pp. 1-59 Downloads
Sam Peltzman
Enhancing the Performance of the Deregulated Air Transportation System pp. 61-123 Downloads
Steven A. Morrison and Clifford Winston
Regulatory Failure, Regulatory Reform, and Structural Change in the Electrical Power Industry pp. 125-208 Downloads
Paul Joskow
Industry Rents: Evidence and Implications pp. 209-290 Downloads
Lawrence Katz and Lawrence Summers
Patents: Recent Trends and Puzzles pp. 291-330 Downloads
Zvi Griliches
Patent Renewal Data pp. 331-410 Downloads
Ariel Pakes and Margaret Simpson

Volume 20, issue 1, 1989

Editors' Summary pp. ix-xxvi Downloads
The Editors
The Beveridge Curve pp. 1-76 Downloads
Olivier Blanchard and Peter Diamond
Institutional Change and the Efficacy of Monetary Policy pp. 77-124 Downloads
Barry Bosworth
International Stock Price Movements: Links and Messages pp. 125-180 Downloads
George von Furstenberg and Bang Jeon
Assessing the Federal Reserve's Measures of Capacity and Utilization pp. 181-242 Downloads
Matthew Shapiro
Cleaning Up the Depository Institutions Mess pp. 243-296 Downloads
R. Dan Brumbaugh, JR., Andrew S. Carron and Robert Litan
Exchange Rate Pass-through in the 1980s: The Case of U.S. Imports of Manufactures pp. 297-337 Downloads
Peter Hooper and Catherine Mann
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