American Economic Policy in the 1990's

Preface and Acknowledgments xi Introduction 1(18) I Macroeconomics Monetary Policy 19(42) U.S. Monetary Policy During the 1990s 19(25) N. Gregory Mankiw Panelists Alan Blinder 44(4) William Poole 48(4) Alice M. Rivlin 52(4) Summary of Discussion 56(5) Fiscal Policy 61(78) Fiscal Policy and Social Security Policy During the 1990s 61(59) Douglas W. Elmendorf Jeffrey B. Liebman David W. Wilcox Panelists Martin Feldstein 120(6) Rudolph G. Penner 126(4) Robert Rubin 130(6) Summary of Discussion 136(3) Tax Policy 139(52) Tax Policy from 1990 to 2001 139(31) Eugene Steuerle Panelists Henry J. Aaron 170(6) Leonard Burman 176(8) William A. Niskanen 184(4) Summary of Discussion 188(3) International Finance and Crises in Emerging Markets 191(86) Between Meltdown and Moral Hazard: The International Monetary and Financial Policies of the Clinton Administration 191(64) J. Bradford DeLong Barry Eichengreen Panelists Stanley Fischer 255(5) Lawrence Summers 260(5) Allan H. Meltzer 265(6) Summary of Discussion 271(6) II Microeconomics Trade Policy 277(84) International Trade Policy in the 1990s 277(51) Robert Z. Lawrence Panelists Charlene Barshefsky 328(5) Jagdish Bhagwati 333(8) Lael Brainard 341(14) Summary of Discussion 355(6) Information Technology 361(74) The ``New Economy'' and Information Technology Policy 361(52) Pamela Samuelson Hal R. Varian Panelists Martin N. Baily 413(6) Esther Dyson 419(4) Paul Romer 423(8) Summary of Discussion 431(4) Industrial Organization 435(74) Antitrust Policy in the Clinton Administration 435(51) Robert E. Litan Carl Shapiro Panelists Robert Pitofsky 486(7) Richard Schmalensee 493(7) Robert Willig 500(4) Summary of Discussion 504(5) Energy Policy 509(74) Energy Policy During the 1990s 509(54) Paul L. Joskow Panelists Charles B. Curtis 563(6) Philip R. Sharp 569(3) Daniel Yergin 572(6) Summary of Discussion 578(5) Environmental Policy 583(80) National Environmental Policy During the Clinton Years 583(62) Robert W. Hahn Robert N. Stavins Panelists George T. Frampton 645(5) Paul R. Portney 650(4) Murray Weidenbaum 654(3) Summary of Discussion 657(6) III Economics and Social Policy Labor and Education 663(86) Putting Students and Workers First? Education and Labor Policy in the 1990s 663(66) Alan B. Krueger Cecelia E. Rouse Panelists Lawrence Mishel 729(6) Roger B. Porter 735(6) Robert B. Reich 741(5) Summary of Discussion 746(3) Poverty and Welfare 749(76) The Clinton Legacy for America's Poor 749(52) Rebecca M. Blank David T. Ellwood Panelists Robert Greenstein 801(10) Ron Haskins 811(7) Bruce Reed 818(4) Summary of Discussion 822(3) Health Care and Tobacco Policy 825(74) Health Policy In The Clinton Era: Once Bitter, Twice Shy 825(50) David Cutler Jonathan Gruber Panelists Victor R. Fuchs 875(5) Joseph Newhouse 880(5) W. Kip Viscusi 885(7) Summary of Discussion 892(7) Medicare Policy 899(84) Medicare 899(57) Joseph Newhouse Panelists Nancy-Ann DeParle 956(8) Mark McClellan 964(4) Robert D. Reischauer 968(8) Summary of Discussion 976(7) IV Process The Role of Institutions in the White House 983(68) The Process of Economic Policy-Making During the Clinton Administration 983(45) Jonathan M. Orszag Peter R. Orszag Laura D. Tyson Panelists Gene B. Sperling 1028(6) Sylvia Mathews 1034(5) R. Glenn Hubbard 1039(4) Roger B. Porter 1043(3) Summary of Discussion 1046(5) Contributors 1051(14) Name Index 1065(12) Subject Index 1077