Brookings papers on economic activity, Fall 2009 (Brookings Institution Press, 2010)
Includes papers and comments delivered at the 88th conference of the Brookings Panel on Economic Activity, held September 10 and 11, 2009 in Washington, D.C.--P. vii
Includes bibliographical references
Editors' summary -- Heeding Daedalus : optimal inflation and the zero lower bound / John C. Williams. Comment by Michael Woodford -- The age of reason : financial decisions over the life cycle and implications for regulation / Sumit Agarwal [and others]. Comments by Giovanni Dell'Ariccia and Karen M. Pence -- Interpreting the unconventional U.S. monetary policy of 2007-09 / Ricardo Reis. Comments by Timothy Besley and Donald L. Kohn -- By how much does GDP rise if the government buys more output? / Robert E. Hall. Comments by Alan J. Auerbach and Christopher L. House -- When the north last headed south : revisiting the 1930s / Carmen M. Reinhart and Vincent R. Reinhart. Comment by Chang-Tai Hsieh