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Europe grew rapidly for many years, but now, faced with greater challenges, several of the large economies in Europe have either failed to generate en...
Economic Policymaking for the Next Century
For nearly two decades the U.S. economy has been plagued by two disturbing economic trends: the slowdown in the growth rates of productivity and avera...
Restructuring the U.S. Residential Mortgage Market
Fannie Mae and Freddie Mac, government-sponsored enterprises that played a prominent role in the financial crisis of 2008, and the federal government ...
The collapse of U.S. productivity growth since the late 1960s has been the most severe and persistent of recent economic problems. This volume reviews...
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The Future of Consumer Payments
Once we paid for things with bills, coins, or checks. Today we pay with zeroes and ones—digital entries on credit and debit cards, or electronic mes...
Lessons from Other Countries
A Brookings Institution Press and Nomura Institute of Capital Markets Research publication The financial crisis of 2007–08 and the Great Recession c...
Structural Change and Cyclical Dynamics
A longstanding puzzle of empirical economics is that average labor productivity declines during recessions and increases during booms. This paper prov...
Labor market performance, competition, and inflation; Unemployment, unsatisfied demand for labor, and compensation growth, 1956-80; Inflation, flexibl...
What's Wrong with America's System and a Sensible Way to Fix It
A comprehensive plan from two leading experts on how to fix America's outdated retirement system America's retirement system has serious problems. Whi...
"Examines trend toward digital means of consumer payments, asking several questions: How will digital money evolve? What impacts will technologies suc...
Implications for Policy Today
Microeconomics, 1989
Readings, Cases and Problems