Editors' Summary

Robert E. Litan, Anthony M. Santomero
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Abstract

THIS ISSUE of Brookings Papers on Economic Activity contains papers and discussions presented at the fiftieth conference of the Brookings Panel on Economic Activity, which was held in Washington, D.C., on September 13 and 14, 1990. Four major papers explore hyperinflation, the cyclical movements of U.S. workers into and out of employment, whether the stock market has noise effects on business investment, and plans and prospects for European monetary union. Two shorter reports discuss privatizing property in Eastern Europe and recent U.S. trade performance.
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编者总结
本期《布鲁金斯经济活动论文》收录了1990年9月13日至14日在华盛顿特区举行的布鲁金斯经济活动小组第五十届会议上发表的论文和讨论。四篇主要论文探讨了恶性通货膨胀,美国工人进入和退出就业的周期性运动,股票市场是否对商业投资有噪音影响,以及欧洲货币联盟的计划和前景。两份较短的报告讨论了东欧的房地产私有化和美国最近的贸易表现。
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