Suchergebnisse

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 Financial Crisis: An Inside View By Phillip Swagel Understanding Inflation-Indexed Bond Markets By John Y. Campbell, Robert J. Shiller, and Luis M. Viceira Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending By Christina D. Romer and David H. Romer Causes and Consequences of the Oil Shock of 2007-08 By James D. Hamilton Why Doesn't Capitalism Flow to Poor Countries? By Rafael Di Tella and Robert MacCulloch, reviewing a previous edition or volume.

Tentative contents includeThe Age of Reason: Financial Decisions over the Life Cycle and Implications for RegulationSumit Agarwal (Federal Reserve Bank Of Chicago), Xavier Gabaix (New York University), and David Laibson (Harvard University)Heeding Daedalus: Optimal Inflation and the Zero Lower BoundJohn C. Williams (Federal Reserve Bank of San Francisco) By How Much Does GDP Rise If the Government Buys More Output?Robert E. Hall (Stanford University)Interpreting the Unconventional U.S. Monetary Policy of 2007-09Ricardo Reis (Columbia University)When the North Heads South: The World in CrisisCa