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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

WILLIAM D. NORDHAUS

Lethal Model 2: The Limits to Growth Revisited

CHRISTOPHER D. CARROLL

The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence

Reports

J. BRADFORD DE LONG and Lawrence H. SUMMERS

Equipment Investment and Economic Growth: How Strong Is the Nexus?

DAVID LIPTON an JEFFREY D. SACHS

Prospects for Russia's Economic Reforms

CASEY B. MULLIGAN and XAVIER SALA-I-MARTIN

U.S. Money Demand: Surprising Cross-Sectional Estimates