Sections

Research

BPEA | 1991 No. 2

Editors’ Summary of the Brookings Papers on Economic Activity – 1991 No 2

William C. Brainard and
WCB
William C. Brainard
George L. Perry
George L. Perry Senior Fellow Emeritus - Economic Studies

1991, No. 2


THIS ISSUE of Brookings Papers on Economic Activity contains papers
and discussions presented at the fifty-second conference of the Brookings
Panel on Economic Activity, which was held in Washington, D.C.,
on September 12 and 13, 1991. The first paper examines how poverty in
the United States worsened during the 1980s. The second paper explores
the apparent upward drift in the natural rate of unemployment.
The third attempts to disentangle the determinants of house prices. The
first report of this volume looks for evidence of a credit crunch in the
banking sector. The second report analyzes current state and local fiscal
problems. A special symposium of four short papers examines prospects
for the political and economic future of the republics of the former
Soviet Union.

The Brookings Institution is committed to quality, independence, and impact.
We are supported by a diverse array of funders. In line with our values and policies, each Brookings publication represents the sole views of its author(s).