Brookings Papers on Economic Activity: Fall 2014

Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.

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Contents

• Why the Geographic Variation in Health Care Spending Cannot Tell Us Much About the Efficiency or Quality of Our Health Care System, Louise Sheiner

• Efficient Credit Policies in a Housing Debt Crisis, Janice Eberly and Arvind Krishnamurthy

• Seesaws and Social Security Benefits Indexing, Matthew Weinzierl

• Labor Force Participation: Recent Developments and Future Prospects, Stephanie Aaronson, Tomaz Cajner, Bruce Fallick, Felix Galbis-Reig, Christopher Smith, and William Wascher

• The Early Impact of the Affordable Care Act, State by State, Amanda E. Kowalski