Brookings Papers on Economic Activity 1995:2, Macroeconomics

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 of current economic issues.

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Contents include:

Articles

“Plant-Level Adjustment and Aggregate Investment Dynamics” by Ricardo J. Cabellero, Eduardo M. R. A. Engel, and John C. Haltiwanger

“The Transformation of the U.S. Banking Industry: What a Long, Strange Trips It’s Been” by Allen N. Berger, Anil K. Kashyap, and Joseph M. Scalise

“Currency Crises and Collapses” by Rudger Dornbusch, Ilan Goldfajn, and Rodrigo O. Valdés

“Stock Ownership Patterns, Stock Market Fluctuations, and Consumption” by James Poterba and Andrew A. Samwick

“Involvement, Prosperity, and Economic Growth?” by Joel Slemrod

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.