Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communit

Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communit

Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communit

Contents include: - Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox Betsey Stevenson and JustinWolfers (University of Pennsylvania)

Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economi