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Saturday November 28, 2009

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SPOTLIGHT: U.S. Economy


REUTERS/Brendan McDermid - Traders work on the floor of the New York Stock Exchange

Save to My Portfolio Telling the Narrative of the Financial Crisis: Not Just a Housing Bubble

Douglas J. Elliott and Martin Neil Baily, November 23, 2009

What really caused the great economic crisis of the past year? Should the Fed’s powers be stripped away, per legislation sponsored by Rep. Ron Paul that recently passed the House Financial Services Committee? In an effort to help inform the debate, Brookings Fellow Douglas Elliott and Senior Fellow Martin Baily ponder the importance of public perceptions of the causes of the crisis - and how they will affect chances of financial regulatory reform. Read More

U.S. Economy, Financial Institutions, Financial Markets, Fiscal Policy, Housing

SPOTLIGHT: U.S. Economy


Reuters/Fred Prouser - People search for jobs on computers at the Verdugo Jobs Center, a partnership with the California Employment Development Department, in Glendale, California.

Save to My Portfolio How We're Doing: What's Blocking the Recovery

Karen Dynan, Ted Gayer and Alan Berube, November 15, 2009

Despite the economy’s expansion in the last quarter, many American workers still lack jobs, the confidence to spend or a home to call their own. A team of Brookings experts began tracking data early this year to assess various dimensions of national and international well-being. The second quarterly "How We’re Doing" index looks at forces that stand in the way of a strong rebound and asks, "where are we going?" Read More

U.S. Economy, U.S. Economic Growth, Mortgage Market, Cities

SPOTLIGHT: U.S. Economy


Reuters/Rick Wilking - A sign announces a section of road work funded by the American Recovery and Reinvestment Act

Save to My Portfolio Counting the Jobs Produced by the Stimulus

Gary Burtless, November 09, 2009

When the stimulus package was enacted last winter, the Obama administration said its goal was to create or save 3.5 million jobs by the end of 2010. Gary Burtless analyzes how closely the administration is coming to achieving that goal so far. He finds that, on the whole, recent reports have understated the net effect of the stimulus program on overall employment by not taking into account the indirect effects of the stimulus on consumer spending and employment. Read More

U.S. Economy, U.S. Economic Growth, Unemployment

SPOTLIGHT: Economic Mobility


Reuters/Jim Young - Child waves an American flag in Virginia

Save to My Portfolio Five Myths About Our Land of Opportunity

Isabel V. Sawhill and Ron Haskins, November 01, 2009

Americans have always believed that their country is unique in providing the opportunity to get ahead. Ron Haskins and Isabel Sawhill deconstruct five myths about economic mobility in the United States, saying that we need better policies to help create a true opportunity society. Read More

Economic Mobility, Children & Families, U.S. Poverty, U.S. Economy

About Us

Economic Studies monitors the global economy and seeks answers to economic policy issues in the United States and worldwide. Our research aims to increase the public's understanding of how the economy works and how to make programs and policies better.

Recent Research and Commentary

Fiscal Policy Should Increasing the Progressivity of Entitlement Benefits be Part of a 21st Century American Social Contract?

William A. Galston, November 2009

Retirement The Wealth of Older Americans and the Subprime Debacle

Barry P. Bosworth, Rosanna Smart, November 2009

U.S. Economy Putting the Expected Strength of the Recovery into Historical Context

Karen Dynan, October 30, 2009

U.S. Poverty Is America Really an Opportunity Society?

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Q&A with Alice Rivlin

The Stock Market Crash of 1929 and Our Current Recession

"In 1929 people got carried away with the idea that stock prices were going to keep going up... eventually a bubble like that bursts. We had a bubble like that a year ago, it did burst." - Alice Rivlin, Senior Fellow, Economic Studies

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Spotlight

Policy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.

ExpertFederiga Bindi

Federiga Bindi is a leading expert on European political integration. She has a broad experience in government and held a number of posts in international organizations. Bindi currently serves as an advisor to the Italian Minister of Foreign Affairs. Her research focuses on the EU, transatlantic relations; EU states foreign policies, global governance issues.

ExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is an adjunct professor in the Security Studies Program at Georgetown University’s School of Foreign Service.

ExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.

ProgramGovernance Studies

Governance Studies explores political institutions of the United States and other democracies to assess how they govern, how their practices compare and how citizens and public servants can advance sound governance.

Research ProjectLatin America Initiative

The Latin America Initiative provides high-quality, in-depth, and independent research across a range of economic and political issues, and offers policy recommendations aimed at U.S. and Latin American policymakers.

ExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families at Brookings.

ExpertAmy Liu

Amy Liu is deputy director of the Brookings Metropolitan Policy Program. Her policy studies include economic competitiveness, metropolitan growth and development, governance reforms, urban reinvestment, and social equity.

Policy CenterEngelberg Center for Health Care Reform

The Engelberg Center for Health Care Reform provides practical solutions to achieve high-quality, innovative, affordable health care with particular emphasis on identifying opportunities on the national, state and local levels.

ExpertDomenico Lombardi

As president of the Oxford Institute for Economic Policy, Domenico Lombardi’s work at Brookings focuses on the international financial crisis and the reform of the IMF and the World Bank. He is an expert on G-20 and G8 Summits.

TopicEducation

The economic and political well-being of any society requires a well-educated citizenry. Brookings’s work extends beyond the K-12 bookends to include pre-school interventions, higher education and the challenges of education in developing countries.

ExpertMark McClellan

Mark McClellan works on promoting high-quality, innovative and affordable health care. Once commissioner of the Food and Drug Administration and administrator of the Centers for Medicare & Medicaid Services, Dr. McClellan now directs the Engelberg Center for Health Care Reform.

ExpertMwangi S. Kimenyi

Mwangi S. Kimenyi is a senior fellow with the Africa Growth Initiative. He focuses on Africa's development, including institutions for economic growth, the political economy, and private sector development.

Research ProjectBrookings-Bern Project on Internal Displacement

The Brookings-Bern Project on Internal Displacement monitors displacement problems worldwide, works with governments, regional bodies, international organizations and civil society to create more effective policies and institutional arrangements for Internally Displaed Persons.

ExpertTed Gayer

Ted Gayer is the co-director of the Economic Studies program and the Joseph A. Pechman Senior Fellow at the Brookings Institution. He conducts research on a variety of economic issues, focusing particularly on public finance, environmental and energy economics, housing, and regulatory policy.

TopicHealth Care

Brookings is committed to producing innovative policy solutions to our nation’s most difficult challenges. The country may face no more important domestic policy challenge than the much-needed reform of our health care system. Through an institution-wide effort, Brookings delivers new ideas and offers policy solutions to improve health care both at home and globally.