Brookings Papers on Economic Activity: Fall 2008 [Paperback]

Douglas W. Elmendorf (Editor), N. Gregory Mankiw (Editor), Lawrence H. Summers (Editor)

Book Description

Series: Brookings Papers on Economic Activity | Publication Date: March 30, 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

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

Editorial Reviews

About the Author

Douglas W. Elmendorf is a senior fellow in the Economic Studies Program at the Brookings Institution. He previously served as a staff member at the Federal Reserve Board, Treasury Department, Council of Economic Advisers, and Congressional Budget Office. N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. From 2003 to 2005, he served as chairman of the Council of Economic Advisers. Lawrence H. Summers is the Charles W. Eliot University Professor at Harvard University. He served as president of Harvard from 2001 to 2006 and as secretary of the U. S. Treasury from 1999 to 2001. He is also a former chief economist with the World Bank.

Product Details

• Paperback: 439 pages
• Publisher: Brookings Institution Press (March 30, 2009)
• Language: English
• ISBN-10: 081570299X
• ISBN-13: 978-0815702993
• Product Dimensions: 9 x 6 x 1.2 inches
• Shipping Weight: 1.4 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #3,054,441 in Books (See Top 100 in Books)