Brookings Papers on Economic Activity 1991: 2, Macroeconomics

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 communities with timely research of current economic issues.

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Contents include:

Articles

DAVID M. CUTLER and LAWRENCE F. KATZ

Macroeconomic Performance and the Disadvantaged

CHINHUI JUHN, KEVIN M. MURPHY and ROBERT H. TOPEL

Why Has the Natural Rate of Unemployment Increased over Time?

JAMES M. POTERBA

House Price Dynamics: The Role of Tax Policy and Demography

Reports

BEN S. BERNANKE and CARA S. LOWN

The Credit Crunch

EDWARD M. GRAMLICH

The 1991 State and Local Fiscal Crisis

Symposium on the Soviet Economy after Communism

STANLEY FISCHER

Economic Reform in the USS and the Role of Aid

WILLIAM W. HOGAN

Economic Reforms in the Sovereign States of the Former Soviet Union

WILLIAM D. NORDHAUS, MERTON J. PECK, and THOMAS J. RICHARDSON

Do Borders Matter? Soviet Economic Reform after the Coup

ANDREI SHLEIFER and ROBERT W. VISHNY

Reversing the Soviet Economic Collapse