Brookings Papers on Economic Activity 2005

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William C. Brainard, George L. Perry
Brookings Institution Press, Jun 1, 2005 - Business & Economics - 350 pages

Topics include inflation dynamics and the distribution of income, underdiversification in 401(k) plans, gauging employment, and central bank transparency and the signal value of prices.

 

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Contents

Central Bank Transparency and the Signal Value of Prices
1
Comments and Discussion
44
General discussion
58
Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income
67
Comments and Discussion
128
General discussion
145
Are Empowerment and Education Enough? Underdiversification in 401k Plans
151
Comments and Discussion
199
General discussion
208
A Robust Strategy for Sustainable Energy
215
Comments and Discussion
270
General discussion
279
Is the Professional Wisdom Wrong?
285
Comment and Discussion
312
General discussion
319
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About the author (2005)

William C. Brainard is professor of economics at Yale University. George L. Perry is a senior fellow in the Economic Studies program at the Brookings Institution.

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