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Brookings Papers on Economic Activity [SJR: 2.826] [H-I: 59] [46 followers] Follow  Open Access journalISSN (Print) 0007-2303 - ISSN (Online) 1533-4465 Published by Brookings Institution  [1 journal]
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- Where have all the workers gone' An inquiry into the decline of the
U.S. labor force participation rate
Authors: Alan B. Krueger
Abstract: The increase in opioid prescriptions from 1999 to 2015 could account for about 20 percent of the observed decline in men’s labor force participation (LFP) during that same period. In “Where have all the workers gone? An inquiry into the decline of the U.S. labor force participation rate” (PDF), Princeton University’s Alan Krueger examines the…
PubDate: Thu, 07 Sep 2017 04:00:24 +000
- Strengthening and streamlining bank capital regulation
Authors: Robin Greenwood; Samuel G. Hanson, Jeremy C. Stein, Adi Sunderam
Abstract: Bank capital requirements shouldn’t be lowered, but post-crisis rules should be simplified to ensure all banks are subjected to a single constraint dictating minimum requirements, according to a new financial regulatory framework outlined in “Strengthening and streamlining bank capital regulation” (PDF) by Harvard’s Robin Greenwood, Samuel G. Hanson, Jeremy C. Stein, and Adi Sunderam. Stein…
PubDate: Thu, 07 Sep 2017 04:00:21 +000
- The European trust crisis and the rise of populism
Authors: Yann Algan; Sergei Guriev, Elias Papaioannou, Evgenia Passari
Abstract: Economic insecurity resulting from the Great Recession—as opposed to anti-immigrant or xenophobic attitudes—is an important driver of populism and voting for anti-establishment political parties throughout Europe. In “The European trust crisis and the rise of populism” (PDF), Yann Algan of Sciences Po, Sergei Guriev of EBRD and Sciences Po, Elias Papaioannou of the London Business…
PubDate: Thu, 07 Sep 2017 04:00:16 +000
- A symposium on business tax reform
Authors: Alan Auerbach; Martin Feldstein, Gita Gopinath, James Hines
Abstract: The U.S. corporate tax rate is one of the highest in the world and much has been made about the prospects of corporate tax reform in 2017. Both House Republicans and President Trump have released their visions of changes to corporate taxes. But what would these proposals mean for the economy? Are they targeting the…
PubDate: Thu, 07 Sep 2017 04:00:11 +000
- The rise, the fall, and the resurrection of Iceland
Authors: Sigriður Benediktsdóttir; Gauti B. Eggertsson, Eggert Þórarinsson
Abstract: Iceland’s banking crisis—which in terms of failed assets vs. GDP was the largest banking crisis on record—produced several important lessons for international regulators, according to a new analysis of Iceland’s banking sector before, during, and after the 2008 financial crisis. In "The rise, the fall, and the resurrection of Iceland" (PDF), Sigriður Benediktsdóttir, Gauti B.…
PubDate: Thu, 07 Sep 2017 04:00:07 +000
- Investment-less growth: An empirical investigation
Authors: German Gutierrez; Thomas Philippon
Abstract: Decreased competition and tightened governance help explain distressingly low business investment in the U.S. since the early 2000s. In “Investment-less growth: An empirical investigation" (PDF), German Gutierrez and Thomas Philippon of New York University examine several theories to explain the well-established and problematic phenomenon of low business investment. In their analysis, the authors investigate why…
PubDate: Thu, 07 Sep 2017 04:00:03 +000
- Mortality and morbidity in the 21st century
Authors: Anne Case; Sir Angus Deaton
Abstract: In “Mortality and morbidity in the 21st century,” Princeton Professors Anne Case and Angus Deaton follow up on their groundbreaking 2015 paper that revealed a shocking increase in midlife mortality among white non-Hispanic Americans, exploring patterns and contributing factors to the troubling trend. Case and Deaton find that while midlife mortality rates continue to fall among all education classes […]
PubDate: Thu, 23 Mar 2017 04:01:38 +000
- Safety, liquidity, and the natural rate of interest
Authors: Marco Del Negro; Domenico Giannone, Marc P. Giannoni, Andrea Tambalotti
Abstract: In “Safety, liquidity, and the natural rate of interest,” Marco Del Negro, Domenico Giannone, Marc P. Giannoni, and Andrea Tambalotti of the Federal Reserve Bank of New York find that the secular decline in the natural rate of interest (the real rate of return that prevails when the economy is at its potential) in the […]
PubDate: Thu, 23 Mar 2017 04:00:41 +000
- Monetary policy in a low interest rate world
Authors: Michael T. Kiley; John M. Roberts
Abstract: In “Monetary policy in a low interest-rate world,” the Federal Reserve Board’s Michael T. Kiley and John M. Roberts, using standard economic models, find that rates could hit zero as much as 40 percent of the time—twice as often as predicted in work by others—according to standard economic models of the type used at the […]
PubDate: Thu, 23 Mar 2017 04:00:20 +000
- Along the watchtower: The rise and fall of U.S. low-skilled immigration
Authors: Gordon H. Hanson; Chen Liu, Craig McIntosh
Abstract: In “Along the watchtower: The rise and fall of U.S. low-skilled immigration,” Gordon H. Hanson, Chen Liu, and Craig McIntosh of the University of California San Diego find immigration to the U.S. of young, low-skilled workers will continue to slow until it reverses in 2050, regardless of U.S. policy, thanks to weak labor-supply growth in […]
PubDate: Thu, 23 Mar 2017 04:00:17 +000
