Brookings Papers on Economic Activity 1992:2, 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

Lethal Model 2: The Limits to Growth Revisited, William D. Nordhaus

The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence Reports, Christopher D. Carroll

Equipment Investment and Economic Growth: How Strong Is the Nexus?, J. Bradrod De Long and Lawrence H. Summers

Prospects for Russia’s Economic Reforms, David Lipton and Jeffrey D. Sachs

U.S. Money Demand: Surprising Cross-Sectional Estimates, Casey B. Mulligan and Xavier Sala-I-Martin

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.