Brookings Papers on Economic Activity 1994:2 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:

JASON G. CUMMINS, KEVIN A. HASSETT, and R. GLENN HUBBARD

A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments

ROBERT E. CARPENTER, STEVEN M. FAZZARI, and BRUCE C. PETERSEN

Inventory Investment, Internal-Finance Fluctuations, and the Business Cycle

WILLIAM D. NORDHAUS

Policy Games: Coordination and Independence in Monetary and Fiscal Policies

PETER GOTTSCHALK and ROBERT MOFFITT

The Growth of Earnings Instability in the U.S. Labor Market

STEPHEN D. OLINER and DANIEL E. SICHEL

Computers and Output Growth Revisited: How Big Is the Puzzle?