U.S. Economy
Brookings Papers on Economic Activity: Spring 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:
Editors’ Summary
The Financial Crisis: An Inside View By Phillip Swagel
Understanding Inflation-Indexed Bond Markets By John Y. Campbell, Robert J. Shiller, and Luis M. Viceira
Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending By Christina D. Romer and David H. Romer
Causes and Consequences of the Oil Shock of 2007-08 By James D. Hamilton
Why Doesn’t Capitalism Flow to Poor Countries? By Rafael Di Tella and Robert MacCulloch, reviewing a previous edition or volume
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Authors
Edited by
David H. Romer
Nonresident Senior Fellow
- Economic Studies
The New Editors
David Romer is the Herman Royer Professor of Political Economy at Berkeley and is currently a senior resident scholar at the International Monetary Fund. He is director of the Program in Monetary Economics at the National Bureau of Economic Research and is a member of the NBER's Business Cycle Dating Committee.
JustinWolfers is an associate professor in the Business and Public Policy department at theWharton School. He is also a faculty research fellow with the National Bureau of Economic Research.
