Brookings Papers on Economic Activity: Spring 2009
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.
Contents: Editors' Summary
The Financial Crisis: An Inside View By Phillip Swagel
Understanding Inflation-Indexed Bond Markets By John Y. Campbell, Robert J. Shiller, and Luis M. Viceira
Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending By Christina D. Romer and David H. Romer
Causes and Consequences of the Oil Shock of 2007-08 By James D. Hamilton
Why Doesn't Capitalism Flow to Poor Countries? By Rafael Di Tella and Robert MacCulloch, reviewing a previous edition or volume