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Brookings Papers on Economic Activity 1989: 1, Macroeconomics

By George L. Perry and William C. Brainard
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Published twice year, BPEA offers authoritative, in-depth research on economic development for economists, government officials, and members of the financial and business communities. For nearly thirty years, BPEA has been an indispensable source for scholars and policymakers seeking objective analysis of major macroeconomic issues.

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Contents include:

Articles

OLIVIER HEAN BLANCHARD and PETER DIAMOND

The Beveridge Curve

BARRY BOSWOTH

Institutional Change and the Efficacy of Monetary Policy

GEORGE M. VON FURSTENBERG and BANG NAM JEON

International Stock Price Movements: Links and Measures

MATTHEW D. SHAPIRO

Assessing the Federal Reserve’s Measure of Capacity and Utilization

Reports

R. DAN BRUMBAUGH, JR., ANDREW S. CARRON, and ROBERT E. LITAN

Cleaning Up the Depository Institutions Mess

PETER HOOPER AND CATEHRINE L. MANN

Exchange Rate Pass-through in the 1980s: The Case of U.S. Imports of Manufactures

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