2026
The Brookings Papers on Economic Activity (BPEA) is a semi-annual academic conference and journal that pairs rigorous research with real-time policy analysis to address urgent economic challenges of the day. The Spring 2025 BPEA Conference was held March 27-28, 2025 by the Brookings Economic Studies program. The conference proceedings were livestreamed and the recordings available below for anyone who wishes to observe the vanguard of economic thought around global economic issues.
Download the conference agenda here»
Submit a proposal to present at a future BPEA conference here»
Agenda
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March 27
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DAY ONE: Thursday, March 27
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Taming Cycles: China’s Growth Targets and Macroeconomic Management
1:00 pm - 2:15 pm
Authors
Wei Xiong Professor of Economics - Princeton University
Jeffery (Jinfan) Chang Associate Professor of Finance - Chinese University of Hong Kong, ShenzhenDiscussants
Kenneth Rogoff Thomas D. Cabot Professor of Public Policy and Professor of Economics - Harvard University, Former Brookings Expert -
Should I Stay or Should I Go? The Response of Labor Migration to Economic Shocks
2:30 pm - 3:45 pm
Authors
Andrea Foschi Research Fellow - Bank of Italy
Christian Proebsting Associate Professor of Economics - KU LeuvenDiscussants
Brian Kovak Professor of Economics and Public Policy - Carnegie Mellon University
Abigail Wozniak Vice President and Director, Opportunity & Inclusive Growth Institute - Federal Reserve Bank of Minneapolis @AbigailWozniak -
The U.S. Trade Deficit: Myths and Realities
4:00 pm - 5:15 pm
Authors
Maurice Obstfeld C. Fred Bergsten Senior Fellow - Peterson Institute for International Economics, Class of 1958 Professor of Economics Emeritus - University of California, BerkeleyDiscussants
Brent Neiman Professor of Economics - University of Chicago Booth School of Business
Fabrizio Perri Deputy Director and Monetary Advisor - Federal Reserve Bank of Minneapolis -
DAY TWO: Friday, March 28
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March 28
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Treasury Market Dysfunction and the Role of the Central Bank
9:00 am - 10:15 am
Authors
Anil Kashyap Stevens Distinguished Service Professor of Economics and Finance - University of Chicago Booth School of Business
Jeremy C. Stein Moise Y. Safra Professor of Economics - Harvard University
Jonathan L. Wallen Assistant Professor of Finance - Harvard Business SchoolDiscussants
Hyun Song Shin Economic Adviser & Head of Research - Bank for International Settlements @HyunSongShin -
Recovering from COVID
10:30 am - 11:45 am
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America’s Housing Affordability Crisis and the Decline of Housing Supply
12:00 pm - 1:15 pm
Authors
Edward Glaeser Fred and Eleanor Glimp Professor of Economics - Harvard University
Joseph Gyourko Nonresident Senior Fellow - Economic Studies
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