Brookings Papers on Economic Activity 1997:2, 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

“Macroeconomic Aspects of Social Security Reform” by Peter A. Diamond

“The Medium Run” by Olivier J. Blanchard

“The Unofficial Economy in Transition” by Simon Johnson, Daniel Kaufmann, and Andrei Shleifer

“Europe’s Gamble” by Maurice Obstfeld

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.