Brookings Papers on Economic Activity : Spring 2009

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 The Financial Crisis: An Inside View By Phillip Swagel Understanding Inflation-Indexed Bond Markets By John Y.

Campbell, Robert J. Shiller, and Luis M. Viceira Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending By Christina D.

Romer and David H. Romer Causes and Consequences of the Oil Shock of 2007-08 By James D.

Hamilton Why Doesn't Capitalism Flow to Poor Countries?

By Rafael Di Tella and Robert MacCulloch, reviewing a previous edition or volume