Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.
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DAVID M. CUTLER, JAMES M. POTERBA, LOUISE M. SHEINER, and LAWRENCE H. SUMMERS
An Aging Society: Opportunity or Challenge?
DAVID LIPTON and JEFFREY SACHS
Creating a Market Economy in Eastern Europe: The Case of Poland
CHRISTINA D. ROMER and DAVID H. ROMER
New Evidence on the Monetary Transmission Mechanism
LAURENCE BALL and STEPHEN G. CECCHETTI
Inflation and Uncertainty at Long and Short Horizons
BEN S. BERNANKE, JOHN Y. CAMPBELL and TONI M. WHITED
U.S. Corporate Leverage: Developments in 1987 and 1988
WILLIAM D. NORDHAUS
Soviet Economic Reform: The Longest Road
George L. Perry, William C. Brainard
July 28, 1988