Today, the Economic Studies program at Brookings is launching the fall 2021 edition of the Brookings Papers on Economic Activity (BPEA). Below, see a selection of the new research and check out today's virtual conference at 10:00 AM EDT for presentations and links to all the papers.
The $62 billion in green investments in the Obama administration’s 2009 American Recovery and Reinvestment Act created 640,000 jobs per year by 2017 according to this paper. The authors explore ways that future green investments—such as those in infrastructure legislation that recently passed the Senate—could affect workers and shape the economy.
Authors of a new BPEA study find that debt relief during the pandemic was well-targeted and protected millions of Americans. About 60% of borrowers who entered debt forbearance have exited it as of May. The question now, especially for mortgage loans still in forbearance, is how borrowers can repay their arrears manageably if mandated forbearance expires as scheduled at the end of September.
Looking at trends from recent U.S. history and examples from abroad, Ricardo Reis calls on monetary policymakers to carefully track inflation expectations when trying to judge whether elevated inflation levels will persist beyond this year.
Thursday, September 9, 2021 10:00 AM – 5:10 PM EDT
More on BPEA
BPEA is a semi-annual academic conference and journal that pairs rigorous research with real-time policy analysis to address the most urgent economic challenges of the day. BPEA papers are often cited by leadership and senior staff of the Federal Reserve and Council of Economic Advisers and mentioned in congressional testimony.
Due to the COVID-19 pandemic, the Brookings Institution campus in Washington, D.C. is currently closed and all events are virtual only. For more information on the Institution's response, read our full guidance here.
The Brookings Institution, 1775 Massachusetts Ave NW, Washington, DC 20036
