Publisher's Synopsis
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.Contents include:ArticlesMacroeconomic Performance and the Disadvantaged, David M. Cutler and Lawrence F. KatzWhy Has the Natural Rate of Unemployment Increased over Time?, Chinhui Juhn, Kevin M. Murphy and Robert H. TopelHouse Price Dynamics: The Role of Tax Policy and Demography Reports, James M. PoterbaThe Credit Crunch, Ben S. Bernanke and Cara S. Lown The 1991 State and Local Fiscal Crisis Symposium on the Soviet Economy after Communism, Edward M. GramlichEconomic Reform in the US and the Role of Aid, Stanley FischerEconomic Reforms in the Sovereign States of the Former Soviet Union, William W. HoganDo Borders Matter? Soviet Economic Reform after the Coup, William D. Nordhaus, Merton J. Peck, and Thomas J. RichardsonReversing the Soviet Economic Collapse, Andrei Shleifer and Robert W. Vishny.