Download or read book Brookings Papers on Economic Activity Fall 2018 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2019-08-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Brookings Papers on Economic Activity Fall 2019 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2020-08-25 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Brookings Papers on Economic Activity Spring 2017 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2017-10-10 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Brookings Papers on Economic Activity written by Martin Neil Baily and published by Brookings Institution Press. This book was released on 2010-12 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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:Articles“Product and Stock Market Responses to Automotive Product Liability Verdicts” by Steven Garber and John Adams“The Distribution of the Insurance Market Effects of Tort Liability” by Patricia H. Born and W. Kip Viscusi“The Link between Liability Reforms and Productivity: Some Empirical Evidence” by Thomas J. Campbell, Daniel P. Kessler, and George B. Shepherd“What Drives Venture Capital Fundraising” by Paul A. Gompers and Josh Lerner“Capital's Contribution to Productivity and the Nature of Competition” by Axel Börsch-Supan“Extending the East Asian Miracle: Microeconomic Evidence from Korea” by Martin Neil Baily and Eric Zitzewitz“The Tobacco Deal” by Jeremy Bulow and Paul Klemperer

Download or read book Brookings Papers on Economic Activity Spring 2021 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2022-01-25 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Prices and Quantities written by Rakesh V. Vohra and published by Cambridge University Press. This book was released on 2020-02-20 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rakesh V. Vohra offers a unique approach to studying and understanding intermediate microeconomics by reversing the conventional order of treatment, starting with topics that are mathematically simpler and progressing to the more complex. The book begins with monopoly, which requires single variable rather than multivariable calculus and allows students to focus clearly on the fundamental trade-off at the heart of economics: margin versus volume. Imperfect competition and the contrast with monopoly follows, introducing the notion of Nash equilibrium. Perfect competition is addressed toward the end of the book, and framed as a model of non-strategic behavior by firms and agents. The last chapter is devoted to externalities, with an emphasis on how one might design competitive markets to price externalities and linking the difficulties to the problem of efficient provision of public goods. Real-life examples engage the reader while encouraging them to think critically about the interplay between model and reality.

Download or read book Closing the Deficit written by Gary Burtless and published by Brookings Institution Press. This book was released on 2013-09-18 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the average age of the population continues to rise in industrialized nations, the fiscal impacts of aging demand ever-closer attention. Closing the Deficit examines one oft-discussed approach to the issue—encouraging people to work longer than they now do. Workers would spend more years paying taxes and fewer years drawing pension and health benefits. But how much difference to spending and revenues would longer working lives make? What steps could be taken to make longer working lives attractive? And what would happen to older Americans not in a position to prolong their work lives? Leading scholars examine these issues in Closing the Deficit, edited by Brookings economists Gary Burtless and Henry Aaron.

Download or read book Brookings Papers on Economic Activity Fall 2010 written by David H. Romer and published by Brookings Institution Press. This book was released on 2011-05-01 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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)

Download or read book Brookings Papers on Economic Activity Spring 2008 written by Douglas W. Elmendorf and published by Brookings Papers on Economic A. This book was released on 2008-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents include: - Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox Betsey Stevenson and JustinWolfers (University of Pennsylvania) -Trade and Wages, Reconsidered Paul Krugman (Princeton University) -The Economics of Place-Making Policies Edward Glaeser and Joshua Gottlieb (Harvard University)

Download or read book Economic Events Ideas and Policies written by George L. Perry and published by Brookings Inst Press. This book was released on 2000 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines how the application of economic analysis has affected U.S. policymaking since the 1960s.

Download or read book Inflation Dynamics and the Great Recession written by Laurence M. Ball and published by International Monetary Fund. This book was released on 2011-06-01 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960-2007 are ussed to predice inflation over 2008-2010: inflation should have fallen by more than it did. We resolve this puzzle with two modifications of the Phillips curve, both suggested by theories of costly price adjustment: we measure core inflation with the median CPI inflation rate, and we allow the slope of the Phillips curve to change with the level and vairance of inflation. We then examine the hypothesis of anchored inflation expectations. We find that expectations have been fully "shock-anchored" since the 1980s, while "level anchoring" has been gradual and partial, but significant. It is not clear whether expectations are sufficiently anchored to prevent deflation over the next few years. Finally, we show that the Great Recession provides fresh evidence against the New Keynesian Phillips curve with rational expectations.

Download or read book Brookings Papers on Economic Activity written by and published by . This book was released on 2004 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.

Download or read book Brookings Papers on Economic Activity Fall 2020 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2021-06-22 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Brookings Papers on Economic Activity Fall 2010 written by David H. Romer and published by Brookings Institution Press. This book was released on 2011-03-16 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 SharesBy Jonathan A. Parker and Annette Vissing-Jorgensen (Northwestern University) • The State of the Social Safety Net in the Post-Welfare Reform EraBy 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 SchoolsBy 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 SystemBy Gary Gorton and Andrew Metrick (Yale University) • State Fiscal Policies and Transitory Income FluctuationsBy James R. Hines, Jr. (University of Michigan)

Download or read book Brookings Papers on Economic Activity written by Brookings Panel on Economic Activity. Conference and published by . This book was released on 1981 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Brookings Papers on Economic Activity 2001 written by William C. Brainard and published by Brookings Institution Press. This book was released on 2002-01-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.BPEA 2: 2001Contents include: ¡°Why Doesn¡¯t the United States Have a European-Style Welfare State?¡±Alberto Alesina and Edward Glaeser (Harvard University) and Bruce Sacerdote (Dartmouth College)¡°From Reunification to Economic Integration: Productivity and the Labor Market in Eastern Germany¡±Michael C. Burda (Humboldt University, Berlin) and Jennifer Hunt (University of Montreal)¡°The Great Recession: Lessons for Macroeconomic Policy from Japan¡± Kenneth N. Kuttner (Federal Reserve Bank of New York) and Adam S. Posen (Institute for International Economics)¡°The Consumption Risk of the Stock Market¡±Jonathan A. Parker (Princeton University)