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Saturday May 17, 2008

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BOOK

Save to My PortfolioBrookings Papers on Economic Activity: Spring 2008

Douglas W. Elmendorf, N. Gregory Mankiw and Lawrence H. Summers, July 01, 2008

The new editorial team will retain BPEA’s focus on empirical research of current issues in macroeconomics and economic policy, emphasizing real-world events and institutions. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioReducing the Likelihood of Financial Crisis

Douglas W. Elmendorf, May 14, 2008, Joint Economic Committee

Reducing the Likelihood of Financial CrisisEven though billions of dollars of mortgage-related loses have yet to be declared, Doug Elemendorf offered Joint Economic Committee members four principles to guide reform of the troubled financial system. His diagnosis and prescriptions are based on a new Brookings report to be released Friday. Read More

BOOK

Save to My PortfolioBrookings Trade Forum 2007

Susan M. Collins, May 01, 2008

This tenth issue of the Brookings Trade Forum examines a variety of dimensions of FDI. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioFinancial Innovation and Housing: Implications for Monetary Policy

Douglas W. Elmendorf, April 21, 2008, The Brookings Institution

By examining the IMF's World Economic Outlook, Senior Fellow Doug Elmendorf,  discusses ways in which innovations in housing finance around the world might change the way monetary policy deals with housing developments in the future. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioTake Time to Get It Right: Shape Financial System Rules for the Long Haul

Jason Furman, April 06, 2008, Des Moines Register

Take Time to Get It Right: Shape Financial System Rules for the Long HaulThe financial regulatory infrastructure that started during the Civil War is now an "alphabet soup" of agencies, and it suffers from duplication in some areas and gaps in others. Jason Furman provides guidance on how policy-makers can build a more effective and stable financial system. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioWhat the Unemployment Rate Signals on the Economy

Rebecca M. Blank, April 04, 2008, The Brookings Institution

What the Unemployment Rate Signals on the EconomyRebecca Blank points out some of the troubling signs related to unemployment rates.  The author discusses extending unemployment insurance benefits to address long-term unemployment and explains how changing demographics make the current numbers hard to compare to previous recessions. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioReducing the High Costs of Being Poor

Matt Fellowes, March 08, 2008, House Committee on Financial Services

Matt Fellowes testifies before the House Committee on Financial Services on his research into the high costs of being poor. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioIf the Economy’s So Bad, Why Is the Unemployment Rate So Low?

Rebecca M. Blank, March 07, 2008, Joint Economic Committee

If the Economy’s So Bad, Why Is the Unemployment Rate So Low?Testifying before the Joint Economic Committee, Rebecca Blank argued that the low unemployment rate is misleading when compared to earlier years because the composition of those in the workforce is changing. In fact, she said, the very high rates of long-term unemployment suggest that it might be time to extend Unemployment Insurance benefits beyond the standard 25 weeks. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioMonetary Policy and the State of the Economy

Alice M. Rivlin, February 26, 2008, House Committee on Financial Services

Alice M. Rivlin testified before Congress on the current economic situation and what policy makers can do to curb a possible future recession. "The Federal Reserve has used the tools in its limited arsenal aggressively and imaginatively and clearly indicated its intention do more if necessary," she said.  Read More

RESEARCH AND COMMENTARY

Save to My PortfolioProductivity and Potential Growth in the United States and Europe

Martin Neil Baily, February 08, 2008, Presentation at the European Central Bank

At the request of the European Central Bank, Martin N. Baily presented his work at a conference in Frankfurt, in January 2008.  His work examined productivity and potential growth in the United States and the European Union for the whole economy and by industry.  This is a PDF of Martin Bailey's PowerPoint presentation.   Read More

RESEARCH AND COMMENTARY

Save to My PortfolioBeyond the Stimulus Package

Isabel V. Sawhill, February 05, 2008, McClatchy Tribune

Isabel Sawhill argues that the fiscal stimulus package is a good idea, but is merely a stopgap that will do little to change the fundamental problems. She says that Congress should not lose sight of how the economy got to where it is and what is needed to prevent such vulnerabilities in the future. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioVoting on ‘Metro Tuesday’

Bruce Katz and David Jackson, February 04, 2008, The Hartford Courant

Though Washington is abuzz with talk of a short-term stimulus for the economy, very little is being said about the long-term challenges to American prosperity. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Post-Stimulus Economy: Stimulate, Then Be Patient

Jason Furman, February 01, 2008, Los Angeles Times

Will the economy get a much-needed boost from a stilmulus package? In a week long Los Angeles Times 'Dust Up' series, Jason Furman, a Brookings scholar and an advisor to President Clinton, and author-economist Steven E. Landsburg discuss the U.S. economy and the recently announced stimulus package. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Evolution of Household Income Volatility

Karen E. Dynan, Douglas W. Elmendorf and Daniel E. Sichel, February 2008, The Brookings Institution

Data from the Panel Study of Income Dynamics (PSID) reveals that household income has become noticeably more volatile during the past thirty years. Senior Fellow Doug Elmendorf with Karen Dynan and Daniel Sichel from the Federal Reserve Board estimate that the standard deviation of percent changes in household income rose one-fourth between the early 1970s and early 2000s. Read More

BOOK

Save to My PortfolioBrookings Papers on Economic Activity 2: 2007

Douglas W. Elmendorf and William G. Gale, February 01, 2008

BPEA provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Read More

In Brief

Macroeconomics focuses on the operation of the economy as a whole and major sectors within the economy, with attention to economic growth, unemployment, inflation, investment, consumer spending and international trade. Through this broad focus, economists seek to understand the causes and effects of cyclical and long-term trends and of government's fiscal and monetary policies.

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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.

ExpertRon Haskins

A former White House and congressional advisor on welfare issues, Ron Haskins co-directs the Brookings Center on Children and Families. He is an expert on preschool, foster care and poverty.

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.

ExpertMartin S. Indyk

Ambassador to Israel and assistant secretary of state for near east affairs during the Clinton Administration, Martin Indyk directs the Saban Center for Middle East Policy. He currently focuses on the Clinton administration’s diplomacy and the Arab-Israeli conflict.

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.

Policy CenterSaban Center for Middle East Policy

The Saban Center conducts original research and develops innovative programs to promote a better understanding of the policy choices facing American decisionmakers in the Middle East.

Policy CenterJohn L. Thornton China Center

The John L. Thornton China Center develops analysis and policy recommendations to help address key long-term challenges, both in terms of U.S.-China relations and China's internal development.

ExpertLael Brainard

Lael Brainard is vice president and director of Global Economy and Development. She focuses on competitiveness, trade, international economics, U.S. foreign assistance and global poverty.

ProgramGlobal Economy and Development

Global Economy and Development advances research, dialogue, and innovative solutions to address the forces of globalization and the challenges of global poverty.

ExpertThomas Mann

A noted congressional scholar, Tom Mann writes and speaks widely on issues related to campaigns, elections and the effectiveness of Congress.

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.

ExpertAlice M. Rivlin

Alice Rivlin, the first director of the Congressional Budget Office, is an expert on urban issues as well as fiscal, monetary and social policy. She directs the Greater Washington Research project. 

ProgramMetropolitan Policy Program

Redefining the challenges facing metropolitan America and promoting innovative solutions to help communities grow in more inclusive, competitive and sustainable ways.

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. Read More