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. Contents include: Explaining Regulatory Policy, Clifford Winston and Robert W. Crandall Measuring Industry-Specific Protection: Antidumping in the United States, Robert W. Staiger and Frank A. Wolak Alcohol Consumption and Young Adults' Socioeconomic Status, Donald S. Kenkel and David C. Ribar The Extent and Consequences of Job Turnover, Patricia M. Anderson and Bruce D. Meyer Economic Issues in Reform of Health Care Financing, Henry J. Aaron and Barry P. Bosworth Competition Policy in Russia during and after Privatization, Paul L. Joskow, Richard Schmalensee, and Natalia Tsukonova