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.
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Contents:
Editors’ Summary
Heeding Daedalus: Optimal Inflation and the Zero Lower Bound By John C. Williams
The Age of Reason: Financial Decisions over the Life Cycle and Implications for Regulation By Sumit Agarwal, John C. Driscoll, and Xavier Gabaix
Interpreting the Unconventional U.S. Monetary Policy of 2007-09 By Ricardo Reis
By How Much Does GDP Rise If the Government Buys More Output? By Robert E. Hall
When the North Last Headed South: Revisiting the 2930s By Carmen M. Reinhart and Vincent R. Reinhart
