Editors’ Summary of the Brookings Papers on Economic Activity – 1980 No 2

George L. Perry and

George L. Perry Senior Fellow Emeritus - Economic Studies

William C. Brainard

WCB

William C. Brainard

THE BROOKINGS PANEL on Economic Activity held its thirtieth conference
in Washington, D.C., on October 2 and 3, 1980. The papers presented
then are published in this second issue in 1980 of Brookings Papers
on Economic Activity. Four articles address economic issues of both immediate
and continuing concern: financial markets and monetary policy,
world oil markets and economic performance, the determinants of home
building activity, and the valuation of corporations in stock and bond
markets. Two shorter reports examine the consumer price index and the
continuing problem of employment for blacks.