Brookings Papers on Economic Activity 1:2004

For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided 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 Include: Editors’ Summary Assessing the Impact of Welfare Reform on Single Mothers Hanming Fang and Michael P. Keane Ending Africa’s Poverty Trap Jeffrey D. Sachs, John W. McArthur, Guido Schmidt-Traub, Margaret Kruk, Chandrika Bahadur, Michael Faye, and Gordon McCord Demography and the Long-Run Predictability of the Stock Market John Geanakoplos, Michael McGill and Martine Quinzii Report: What Does the Public Know about Economic Policy, and HOw Does It Know It? Alan S. Blinder and Alan B. Krueger

William C. Brainard is professor of economics at Yale University. George L. Perry is a senior fellow in the Economic Studies program at the Brookings Institution.