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Brookings Papers on Economic Activity 2000:2

William C. Brainard and George L. Perry
Release Date: December 1, 2000

Published twice a year, BPEA offers authoritative, in-depth research on economic development for economists, government officials, and members of the financial and business communities. For nearly thirty years, BPEA has...

Published twice a year, BPEA offers authoritative, in-depth research on economic development for economists, government officials, and members of the financial and business communities.

For nearly thirty years, BPEA has been an indispensable source for scholars and policymakers seeking objective analysis of major macroeconomic issues.

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Contents include:

“Social Security Reform and National Saving in an Era of Budget Surpluses” by Douglas W. Elmendorf and Jeffrey B. Liebman “E-Capital: The Link between the Stock Market and the Labor Market in the 1990s” by Robert E. Hall “Real Estate and the Macroeconomy” by Karl E. Case “The Economic Consequences of Disappearing Government Debt” by Vincent Reinhart and Brian Sack “Financial Market Implications of the Federal Debt Paydown” by Michael J. Fleming “Tax Smoothing Implications of the Federal Debt Paydown” by George J. Hall and Stefan Krieger

Authors

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.