Brookings Papers on Economic Activity

• The Real Exchange Rate and Economic Growth
  Author: Dani Rodrik, Harvard University
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  Comment by: Peter Blair Henry, Stanford University, 
  Comment by: Michael Woodford, Columbia University
  

• Financial Regulation in a System Context
  Authors: Stephen Morris and Hyun Song Shin, Princeton University
  Beyond Leveraged Losses: The Balance Sheet Effects of the Home Price Downturn
  Author: Jan Hatzius, Goldman Sachs
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  The Central Role of House Prices in the Financial Crisis: How Will the Market Clear?
  Author: Karl Case, Wellesley College
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  Comment by: Donald Kohn, Federal Reserve Board
  Comment by: Vincent Reinhart, American Enterprise Institute
  

• Financial "Whac-a-Mole": Bubbles, Commodity Prices and Global Imbalances
  Authors: Ricardo Caballero, MIT, Emmanuel Farhi, Harvard University, and Pierre-Olivier Gourinchas, University of California, Berkeley
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  Comment by: Kathryn Dominguez, University of Michigan
  Comment by: Carmen Reinhart, University of Maryland
  

• Making Sense of the Subprime Crisis
  Authors: Kristopher Gerardi, Federal Reserve Bank of Atlanta, Andreas Lehnert, Federal Reserve Board, Shane Sherlund, Federal Reserve Board, and Paul Willen, Federal Reserve Bank of Boston
  Comment by: Deborah Lucas, Northwestern University
  Comment by: Nicholas Souleles, University of Pennsylvania
  

• The Unofficial Economy and Economic Development
  Authors: Rafael La Porta, Dartmouth College, and Andrei Shleifer, Harvard University
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  Comment by: Chad Jones, Stanford;
  Comment by: William Nordhaus, Yale