Brookings Papers on Economic Activity 1993:2, Macroeconomics

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

GEORGE A. AKERLOF and PAUL M. ROMER

Looting: The Economic Underworld of Bankruptcy for Profit

OLIVIER J. BLANCHARD

Movements in the Equity Premium

MAXIM BOYCKO, ANDREI SHLEIFER, and ROBERT W. VISHNY

Privatizing Russia

BENJAMIN M. FRIEDMAN and KENNETH N. KUTTNER

Economic Activity and the Short-term Credit Markets: An Analysis of Prices and Quantities

REBECCA M. BLANK and DAVID CARD

Poverty, Income Distribution, and Growth: Are They Still Connected

Report

SUBRAMANIAN RANGAN and ROBERT Z. LAWRENCE

The Responses of U.S. Firms to Exchange Rate Fluctuations: Piercing the Corporate Veil