Author Description

For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues. Contents Include: Articles SAM PELTXMAN The Economic Theory of Regulation after a Decade of Deregulation STEVEN A. MORRISON and CLIFFORD WINSTON Enhancing the Performance of the Deregulated Air Transportation System PAUL L. JOSKOW Regulatory Failure, Regulatory Reform, and Structural Changed in the Electrical Power Industry LAWRENCE F. KATZ and LAWRENCE H. SUMMERS Industry Rents: Evidence and Implications ZVI GRILISHES Patents: Recent Trends and Puzzles ARIEL PAKES and MARGARET SIMPSON Patent Renewal Data