Brookings Papers on Economic Activity

A semiannual journal that publishes analyses of significant recent and current economic developments from discussions at conferences of the Brookings Panel on Economic Activity. For academic and business economists, government officials, and members of the financial and business communities.

The financial crisis: an inside view.
March 22, 2009

Beyond leveraged losses: the balance sheet effects of the home price d...
September 22, 2008

The unofficial economy and economic development.
September 22, 2008

The real exchange rate and economic growth.
September 22, 2008

Financial regulation in a system context.
September 22, 2008

Editors' summary.
September 22, 2008

Financial crash, commodity prices, and global imbalances.
September 22, 2008

Making sense of the subprime crisis.
September 22, 2008

The central role of home prices in the current financial crisis: how w...
September 22, 2008

Comments and discussion.(When Does Policy Reform Work? The Case of Cen...
March 22, 2008

Macroeconomic crises since 1870.(Report)
March 22, 2008

When does policy reform work? The case of Central Bank independence.(R...
March 22, 2008

Central bank independence and inflation.(When Does Policy Reform Work?...
March 22, 2008

Editors' summary.
March 22, 2008

Economic growth and subjective well-being: reassessing the Easterlin p...
March 22, 2008

Economic growth and happiness.(Economic Growth and Subjective Well-Bei...
March 22, 2008

Comments and discussion.(Economic Growth and Subjective Well-Being: Re...
March 22, 2008

Trade and wages, reconsidered.
March 22, 2008

The economics of place-making policies.
March 22, 2008

U.S. housing policies as place-making policies.(The Economics of Place...
March 22, 2008

Comments and discussion.(The Economics of Place-Making Policies)
March 22, 2008

Simulating the Lucas-tree model.(Macroeconomic Crises since 1870)
March 22, 2008

Comments and discussion.(Macroeconomic Crises since 1870)
March 22, 2008

Earning from history? Financial markets and the approach of world wars...
March 22, 2008

Comments and Discussion.(Earning from History? Financial Markets and t...
March 22, 2008

How much do we understand about the modern recession?
September 22, 2007

What we still don't know about monetary and fiscal policy.
September 22, 2007

Monetary policy models.
September 22, 2007

Living with global imbalances.
September 22, 2007

Low interest rates and high asset prices: an interpretation in terms o...
September 22, 2007

Long-run changes in the wage structure: narrowing, widening, polarizin...
September 22, 2007

Selected issues in the rise of income inequality.
September 22, 2007

Are we having more fun yet? Categorizing and evaluating changes in tim...
September 22, 2007

Who's afraid of a big bad oil shock?
September 22, 2007

Unfinished business in the macroeconomics of low inflation: a tribute ...
September 22, 2007

A tribute to George Perry and William Brainard.
September 22, 2007

In honor of William Brainard and George Perry.
September 22, 2007

Cracking the conundrum.
March 22, 2007

Foreign capital and economic growth.
March 22, 2007

International reserves in emerging market countries: too much of a goo...
March 22, 2007

Editors' summary.
March 22, 2007

Explaining a productive decade.(role of information technology industr...
March 22, 2007

The effect of dividends on consumption.(Report)
March 22, 2007

Editors' summary.(report on China's banking sector, return on investme...
September 22, 2006

The sources and sustainability of China's economic growth.
September 22, 2006

The return to capital in China.
September 22, 2006

The contradiction in China's gradualist banking reforms.
September 22, 2006

Bubble, bubble, where's the housing bubble?
March 22, 2006

Predicting Policy effects.(Bubble, Bubble, Where's the Housing Bubble?...
March 22, 2006

Editors' summary.
March 22, 2006

Reforming the defined-benefit pension system.
March 22, 2006

The recent decline in the labor force participation rate and its impli...
March 22, 2006

Model performance. (The recent Decline in the Labor Force Participatio...
March 22, 2006

Are successive generations getting wealthier, and if so, why? Evidence...
March 22, 2006

Capital gains, stock ownership diffusion, and 401(k) plans.(Are Succes...
March 22, 2006

The second locus of reform: pricing of PBGC insurance.(Reforming the D...
March 22, 2006

Where did the productivity growth go? Inflation dynamics and the distr...
September 22, 2005

Are empowerment and education enough? Underdiversification in 401(k) p...
September 22, 2005

Gauging employment: is the professional wisdom wrong?(employment statu...
September 22, 2005

Gauging employment: is the professional wisdom wrong? Comment and disc...
September 22, 2005

Editors' summary.(on banks)(Editorial)
September 22, 2005

Central bank transparency and the signal value of prices.
September 22, 2005

Central bank transparency and the signal value of prices: comments and...
September 22, 2005

Where did the productivity growth go? Inflation dynamics and the distr...
September 22, 2005

Are empowerment and education enough? Underdiversification in 401(k) p...
September 22, 2005

A robust strategy for sustainable energy.
September 22, 2005

A robust strategy for sustainable energy: comments and discussion.
September 22, 2005

Editors' summary.
March 22, 2005

Global current account imbalances and exchange rate adjustments.
March 22, 2005

Is the U.S. current account deficit sustainable? If not, how costly is...
March 22, 2005

Asset returns and economic growth.
March 22, 2005

International investors, the U.S. current account, and the dollar.
March 22, 2005

Is it 1958 or 1968? Three notes on the longevity of the Revived Bretto...
March 22, 2005

Editors' summary.(Editorial)
September 22, 2004

Monetary policy alternatives at the zero bound: an empirical assessmen...
September 22, 2004

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