Editors’ Summary of the Brookings Papers on Economic Activity – 1990 No 2

George L. Perry and

George L. Perry Senior Fellow Emeritus - Economic Studies

William C. Brainard

WCB

William C. Brainard

THIS ISSUE of Brookings Papers on Economic Activity contains papers
and discussions presented at the fiftieth conference of the Brookings
Panel on Economic Activity, which was held in Washington, D.C., on
September 13 and 14, 1990. Four major papers explore hyperinflation,
the cyclical movements of U.S. workers into and out of employment,
whether the stock market has noise effects on business investment, and
plans and prospects for European monetary union. Two shorter reports
discuss privatizing property in Eastern Europe and recent U.S. trade
performance