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Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: • Editors' Summary • The Increase in Income Cyclicality of High-Income Households and Its Relation to the Rise in Top Income Shares By Jonathan A. Parker and Annette Vissing-Jorgensen (Northwestern University) • The State of the Social Safety Net in the Post-Welfare Reform Era By Marianne P. Bitler (University of California, Irvine) and Hilary W. Hoynes (University of California, Davis) • The Impact of No Child Left Behind on Students, Teacheres, and Schools By Thomas S. Dee (University of Virginia) and Brian A. Jacob (University of Michigan) • How Useful Are Estimated DSGE Model Forecasts for Central Bankers? By Rochelle M. Edge (Board of Governors of the Federal Reserve System) and Refet S. Gürkaynak (Bilkent University) • Regulating the Shadow Banking System By Gary Gorton and Andrew Metrick (Yale University) • State Fiscal Policies and Transitory Income Fluctuations By James R. Hines, Jr. (University of Michigan)
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: All Medicaid Expansions Are Not Created Equal: The Geography and Targeting of the Affordable Care Act Craig Garthwaite, John Graves, Tal Gross, Zeynal Karaca, Victoria Marone, and Matthew J. Notowidigdo Policies and Payoffs to Addressing America’s College Graduation Deficit Christopher Avery, Jessica Howell, Matea Pender, and Bruce Sacerdote The Optimal Inflation Target and the Natural Rate of Interest Philippe Andrade, Jordi Galí, Hervé Le Bihan, and Julien Matheron Inflation Dynamics: Dead, Dormant, or Determined Abroad? Kristen J. Forbes Macri’s Macro: The Elusive Road to Stability and Growth Federico Sturzenegger Progressive Wealth Taxation Emmanuel Saez and Gabriel Zucman
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: The European Central Bank’s Monetary Policy during Its First 20 Years, Philipp Hartmann and Frank Smets Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia, Emmanuel Farhi and François Gourio The Real Effects of Disrupted Credit: Evidence from the Global Financial Crisis, Ben S. Bernanke The Cyclical Sensitivity in Estimates of Potential Output, Olivier Coibion, Yuriy Gorodnichenko, and Mauricio Ulate Should the Federal Reserve Regularly Evaluate Its Monetary Policy Framework?, Jeff Fuhrer, Giovanni P. Olivei, Eric S. Rosengren, and Geoffrey M.B. Tootell Monetary Policy at the Effective Lower Bound: Less Potent? More International? More Sticky?, Kristin Forbes The Efficacy of Large-Scale Asset Purchases When the Short-Term Interest Rate Is at Its Effective Lower Bound, James D. Hamilton The Federal Reserve Is Not Very Constrained by the Lower Bound on Nominal Interest Rates, Eric T. Swanson Comments on Monetary Policy at the Effective Lower Bound, Janet Yellen
The Brookings Papers on Economic Activity, long one of Brookings's signature publications, has new leadership. The three incoming editors have all made outstanding contributions to economic research, economic policymaking, and the communication of economic ideas to a broad audience. They will ensure that BPEA continues to be a central meeting place for leading scholars analyzing important economic problems. The new editorial team will retain BPEA's focus on empirical research of current issues in macroeconomics and economic policy, emphasizing real-world events and institutions. The journal will uphold its tradition of excellence in areas such as fiscal and monetary policy, labor markets, wages and prices, the distribution of income and wealth, international capital flows, and international trade and development.
"Brookings Papers on Economic Activity" (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents include - Recessions and the Costs of Job Loss Steve Davis (University of Chicago) and Til von Wachter (Columbia University) - What Do Small Businesses Do? Erik Hurst and Benjamin Wild Pugsley (University of Chicago) - Unemployment Insurance and Job Search in the Great Recession Jesse Rothstein (University of California-Berkeley) - The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy Arvind Krishnamurthy and Annette Vissing-Jorgenson (Northwestern University) - Practical Monetary Policy: Examples from Sweden and the United States Lars E. O. Svensson (Sveriges Riksbank) - The Labor Market in the Great Recession--An Update to September 2011 Michael. W. L. Elsby (University of Edinburgh), Bart Hobijn (Federal Reserve Bank of San Francisco), Ay egul ahin (Federal Reserve Bank of New York), and Robert B. Valletta (Federal Reserve Bank of San Francisco) - The Income- and Expenditure-Side Estimates of U.S. Output Growth--An Update to 2011Q2 Jeremy J. Nalewaik (Board of Governors of the Federal Reserve System)"
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents - Why the Geographic Variation in Health Care Spending Cannot Tell Us Much About the Efficiency or Quality of Our Health Care System, Louise Sheiner - Efficient Credit Policies in a Housing Debt Crisis, Janice Eberly and Arvind Krishnamurthy - Seesaws and Social Security Benefits Indexing, Matthew Weinzierl - Labor Force Participation: Recent Developments and Future Prospects, Stephanie Aaronson, Tomaz Cajner, Bruce Fallick, Felix Galbis-Reig, Christopher Smith, and William Wascher - The Early Impact of the Affordable Care Act, State by State, Amanda E. Kowalski
"Brookings Papers on Economic Activity (BPEA)" provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: Editors' Summary Financial Crash, Commodity Prices, and Global Imbalances, By Ricardo J. Caballero, Emmanuel Farhi, and Pierre-Olivier Gourinchas Making Sense of the Subprime Crisis, By Kristopher Gerardi, Andreas Lehnert, Shane M. Sherlund, and Paul Willen The Central Role of Home Prices in the Current Financial Crisis: How Will the Market Clear? By Karl E. Case Beyond Leveraged Losses: The Balance Sheet Effects of the Home Price Downturn, By Jan Hatzius Financial Regulation in a System Context, By Stephen Morris and Hyun Song Shin The Unofficial Economy and Economic Development, By Rafael La Porta and Andrei Shleifer The Real Exchange Rate and Economic Growth, By Dani Rodrik
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.
Research on economic development.