Brookings Papers on Economic Activity 1998:1, 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

“The East Asian Financial Crisis: Diagnosis, Remedies, Prospects” by Steven Radelet and Jeffrey D. Sachs “Self-Control and Saving for Retirement” by David I. Laibson, Andrea Repetto, and Jeremy Tobacman “The Political Economy of Fiscal Adjustments” by Alberto Alesina, Roberto Perotti, and José Tavares Reports “The Wealth Dynamics of American Families, 1984-94” by Erik Hurst, Ming Ching Luoh, and Frank P. Stafford “Hours Reductions as Work-Sharing” by Jennifer Hunt

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.