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 Heeding Daedalus: Optimal Inflation and the Zero Lower BoundBy John C. Williams The Age of Reason: Financial Decisions over the Life Cycle and Implications for RegulationBy Sumit Agarwal, John C. Driscoll, and Xavier Gabaix Interpreting the Unconventional U.S. Monetary Policy of 2007-09By Ricardo Reis By How Much Does GDP Rise If the Government Buys More Output?By Robert E. Hall When the North Last Headed South: Revisiting the 2930sBy Carmen M. Reinhart and Vincent R. ReinhartWe observe the original loan amount, the LTV and appraised home value at origination, and the APR. We also observe ... Small Business Credit Cards We use a proprietary dataset of small business credit card accounts originated at several large institutions that issued such cards nationally. ... Most of the businesses are very small, are owned by a single family, and have no public financial records.
|Title||:||Brookings Papers on Economic Activity: Fall 2009|
|Author||:||David H. Romer, Justin Wolfers|
|Publisher||:||Brookings Institution Press - 2010-02|