The Brookings Papers on Economic Activity, long one of Brookings's signature publications, has new leadership. The three incoming editors have all made outstanding contributions to economic research, economic policymaking, and the communication of economic ideas to a broad audience. They will ensure that BPEA continues to be a central meeting place for leading scholars analyzing important economic problems. The new editorial team will retain BPEA's focus on empirical research of current issues in macroeconomics and economic policy, emphasizing real-world events and institutions. The journal will uphold its tradition of excellence in areas such as fiscal and monetary policy, labor markets, wages and prices, the distribution of income and wealth, international capital flows, and international trade and development. Contents include:Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox Betsey Stevenson and JustinWolfers (University of Pennsylvania) Trade and Wages, Reconsidered Paul Krugman (Princeton University)The Economics of Place-Making Policies Edward Glaeser and Joshua Gottlieb (Harvard University)
Douglas W. Elmendorf is a senior fellow in the Economic Studies Program at the Brookings Institution, Washington, D.C., USA. He previously served as a staff member at the Federal Reserve Board, Treasury Department, White House Council of Economic Advisers, and Congressional Budget Office, and he has taught at Harvard University, Massachusetts, USA. N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University, USA. From 2003 to 2005, he served as chairman of the Council of Economic Advisers, and his textbook Principles of Economics has sold over a million copies. Mankiw also writes an influential economics blog. Lawrence H. Summers is the Charles W. Eliot University Professor at Harvard University, USA. He served as president of Harvard from 2001 to 2006 and was secretary of the U. S. Treasury from 1999 to 2001. He is also a former chief economist with the World Bank, Washington, D.C., USA.