Brookings Papers on Economic Activity 1:2007

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.

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Editors' Summary (Full Text - PDF)


International Reserves in Emerging Market Countries: Too Much of a Good Thing? (Abstract - PDF)
Olivier Jeanne

Explaining a Productive Decade (Abstract - PDF)
Stephen D. Oliner, Daniel E. Sichel, and Kevin J. Stiroh

Foreign Capital and Economic Growth (Abstract - PDF)
Eswar S. Prasad, Raghuram G. Rajan, and Arvind Subramanian

The Effect of Dividends on Consumption (Abstract - PDF)
Malcolm Baker, Stefan Nagel, and Jeffrey Wurgler


Cracking the Conundrum (Abstract - PDF)
David K. Backus and Jonathan H. Wright

ISSN: 0007-2303