"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
Financial Crash, Commodity Prices, and Global Imbalances, By
Ricardo J. Caballero, Emmanuel Farhi, and Pierre-Olivier
Gourinchas
Making Sense of the Subprime Crisis, By Kristopher Gerardi,
Andreas Lehnert, Shane M. Sherlund, and Paul Willen
The Central Role of Home Prices in the Current Financial Crisis:
How Will the Market Clear? By Karl E. Case
Beyond Leveraged Losses: The Balance Sheet Effects of the Home
Price Downturn, By Jan Hatzius
Financial Regulation in a System Context, By Stephen Morris and
Hyun Song Shin
The Unofficial Economy and Economic Development, By Rafael La
Porta and Andrei Shleifer
The Real Exchange Rate and Economic Growth, By Dani Rodrik
General
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