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: The Pitfalls of External Dependence: Greece, 1829-2015 Carmen M. Reinhart and Christoph TrebeschIsThe Greek Crisis One of Supply or Demand? Yannis M. Ioannides and Christopher PissaridesGreek Debt Sustainability and Official Crisis Lending Julian Schumacher and Beatrice Weder di MauroGreek Budget Realities: No Easy Options Christopher L. House and Linda L. TesarWeather Adjusting Economic Data Michael Boldin and Jonathan H. WrightInflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand Saten Kumar, Hassan Afrouzi, Olivier Coibion, and Yuriy Gorodnichenko"Dynamic Scoring": Why and How to Include Macroeconomic Effects in Budgetary Estimates for Legislative Proposals Douglas ElmendorfLooking for a Success in the Euro Crisis Adjustment Programs: The Case of Portugal Ricardo ReisOvercoming the Lost Decades? Abenomics after Three Years Joshua K. Hausman and Johannes F. WielandA Crisis in Student Loans? How Changes in the Characteristics of Borrowers and in the Institutions They Attend Contributed to Rising Loan Defaults Adam Looney and Constantine Yannelis