Brookings Papers on Economic Activity 1:2003

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 communitites with timely research of current economic issues.

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Contents include: Debt Intolerance Fiscal Policy, Past and Present The Zero Bound on Interest Rates and Optimal Monetary Policy Policy Evaluation in Uncertain Economic Environments Did Pension Plan Accounting Contribute to a Stock Market Bubble?

William C. Brainard is professor of economics at Yale University. George L. Perry is a senior fellow in the Economic Studies program at the Brookings Institution.