Brookings Papers on Economic Activity 1988: 2, Macroeconomics

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Contents include:

Articles

MARTIN NEIL BAILY and ROBERT J. GORDON

J. BRADFORD DE LONG and LAWRENCE H. SUMMERS

How Does Macroeconomic Policy Affect Output?

GEORGE A. AKERLOF, ANDREW K. ROSE, and JANET L. YELLEN

Job Switching and Job Satisfaction in the U.S. Labor Market

Reports

ALAN J. AUERBACH

Capital Gains Taxation in the Untied States: Realization, Revenue, and Rhetoric

JEFFREY D. SACHS

Global Adjustments to a Shrinking U.S. Trade Deficit

JEREMY BULOW and KENNETH ROGOFF

The Buyback Boondoggle

JEFFREY D. SACHS

Comprehensive Debt Retirement: The Bolivian Example