Brookings Papers on Economic Activity 1998 PDF Download

Author: George L. Perry
Publisher: Brookings Institution Press
ISBN: 9780815705864
Category : Business & Economics
Languages : en
Pages : 434

View

Book Description
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 " Technical Progress and Co-invention in Computing and in the Uses of Computers" by Timothy Bresnahan and Shane Greenstein " Causes and Consequences of Airline Fare Wars" by Steven Morrison and Clifford Winston " Pharmaceutical Innovations and Market Dynamics: Tracking Effects on Price Indexes for Antidepressant Drugs" by Ernst R. Berndt, Iain M. Cockburn, and Zvi Grilches " Power Struggles: Explaining Deregulatory Reforms in Electricity Markets" by Matthew W. White " The Welfare Impacts of Competitive Telecommunications Supply: A Household-Level Analysis" by Frank A. Wolak

Author: Alberto Alesina
Publisher: Brookings Institution Press
ISBN: 9780815705727
Category : Business & Economics
Languages : en
Pages : 436

View

Book Description
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 " The East Asian Financial Crisis: Diagnosis, Remedies, Prospects" by Steven Radelet and Jeffrey D. Sachs " Self-Control and Saving for Retirement" by David I. Laibson, Andrea Repetto, and Jeremy Tobacman " The Political Economy of Fiscal Adjustments" by Alberto Alesina, Roberto Perotti, and Jos Tavares Reports " The Wealth Dynamics of American Families, 1984-94" by Erik Hurst, Ming Ching Luoh, and Frank P. Stafford " Hours Reductions as Work-Sharing" by Jennifer Hunt

Author: Gary Burtless
Publisher: Brookings Institution Press
ISBN: 0815704038
Category : Business & Economics
Languages : en
Pages : 153

View

Book Description
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.

Author: Carol Wise
Publisher: Brookings Institution Press
ISBN: 0815724772
Category : Political Science
Languages : en
Pages : 258

View

Book Description
This volume documents and explains the remarkable resilience of emerging market nations in East Asia and Latin America when faced with the global financial crisis in 2008-2009. Their quick bounceback from the crisis marked a radical departure from the past, such as when the 1982 debt shocks produced a decade-long recession in Latin America or when the Asian financial crisis dramatically slowed those economies in the late 1990s. Why? This volume suggests that these countries' resistance to the initial financial contagion is a tribute to financial-sector reforms undertaken over the past two decades. The rebound itself was a trade-led phenomenon, favoring the countries that had gone the farthest with macroeconomic restructuring and trade reform. Old labels used to describe "neoliberal versus developmentalist" strategies do not accurately capture the foundations of this recovery. These authors argue that policy learning and institutional reforms adopted in response to previous crises prompted policymakers to combine state and market approaches in effectively coping with the global financial crisis. The nations studied include Korea, China, India, Mexico, Argentina, and Brazil, accompanied by Latin American and Asian regional analyses that bring other emerging markets such as Chile and Peru into the picture. The substantial differences among the nations make their shared success even more remarkable and worthy of investigation. And although 2012 saw slowed growth in some emerging market nations, the authors argue this selective slowing suggests the need for deeper structural reforms in some countries, China and India in particular.

Author: Janice Eberly
Publisher: Brookings Institution Press
ISBN: 0815739397
Category : Business & Economics
Languages : en
Pages : 452

View

Book Description
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.

Author: Ms.Kalpana Kochhar
Publisher: International Monetary Fund
ISBN: 1451935544
Category : Business & Economics
Languages : en
Pages : 56

View

Book Description
This paper reviews macroeconomic developments during the first year of the crisis in east Asia and draws some preliminary policy lessons. The crisis is rooted in the interaction of large capital inflows and weak private and public sector governance. At the same time, macroeconomic adjustment in these countries has resulted in some surprising outcomes, including severe economic contractions, low inflation, and rapid external adjustment. The lessons for crisis resolution include the importance of tight monetary policy early on for exchange rate stabilization, flexible fiscal policy, and comprehensive structural reform. Crises are avoided by prudent macroeconomic policies, diligent bank supervision, transparent data dissemination, strong governance, and forward-looking policymaking, even in good times.

Author:
Publisher:
ISBN: 9780815711971
Category : Economics
Languages : en
Pages : 394

View

Book Description

Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403

View

Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Author: Janice Eberly
Publisher: Brookings Institution Press
ISBN: 0815739478
Category :
Languages : en
Pages : 350

View

Book Description
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.

Author: Eskander Alvi
Publisher: W.E. Upjohn Institute
ISBN: 0880996366
Category : Political Science
Languages : en
Pages : 152

View

Book Description
This book presents a notable group of macroeconomists who describe the unprecedented events and often extraordinary policies put in place to limit the economic damage suffered during the Great Recession and then to put the economy back on track. Contributers include Barry Eichengreen; Gary Burtless; Donald Kohn; Laurence Ball, J. Bradford DeLong, and Lawrence H. Summers; and Kathryn M.E. Dominguez.