Brookings Announces New Editors for Brookings Papers on Economic Activity

Douglas W. Elmendorf, N. Gregory Mankiw and Lawrence H. Summers to Edit


May 25, 2007, 01:00 ET from The Brookings Institution

    WASHINGTON, May 25 /PRNewswire-USNewswire/ -- The Brookings Institution
 has named three prominent economists as co-editors of Brookings Papers on
 Economic Activity (BPEA), the flagship economic journal of the Institution,
 Brookings President Strobe Talbott announced today.
     The new co-editors, whose first volume will appear in mid-2008, are
 Douglas W. Elmendorf, N. Gregory Mankiw, and Lawrence H. Summers.
     Elmendorf will become a Brookings senior fellow and the Edward M.
 Bernstein Scholar in the Brookings Economic Studies program, effective June
 1. He previously served as a staff member of the Federal Reserve Board, and
 at the Treasury Department, the White House Council of Economic Advisers,
 and the Congressional Budget Office.
     Mankiw is the Robert M. Beren Professor of Economics at Harvard
 University and was the chairman of the Council of Economic Advisers from
 2003 to 2005. Mankiw's introductory economics textbook Principles of
 Economics (South- Western/Thomson, 4th ed; 2007) has sold more than a
 million copies and has been translated into twenty languages.
     Summers is the Charles W. Eliot University Professor at Harvard
 University. He previously served as president of Harvard University,
 Secretary of the Treasury, and chief economist of the World Bank. In 1993,
 he received the John Bates Clark Medal, awarded every two years to the
 outstanding American economist under the age of 40. Summers also serves on
 the Board of Trustees of the Brookings Institution.
     "The new editorial team brings a wealth of extraordinary scholarship
 and outstanding service in economic policy-making," said William G. Gale,
 Brookings vice president and director of the Economic Studies program. "The
 editors have reputations as clear and forceful writers and speakers who
 recognize the direct connection between clarity and impact. They will
 engage the best minds in the economics profession to analyze important and
 timely economic issues and will bring their own high standards to the
 papers they solicit and publish."
     Founded in 1970 by Arthur Okun and George Perry, the Brookings Papers
 on Economic Activity journal contains research papers presented at
 twice-yearly conferences organized at the Brookings Institution. The
 authors and discussants of the articles are distinguished economists from
 leading universities and institutions. The journal's audience includes
 academic economists, government officials, and members of the financial and
 business communities.
     The journal is currently edited by George Perry, a senior fellow at
 Brookings, who has served as editor since the inception of the journal, and
 William Brainard, Arthur Okun Professor Emeritus of Economics at Yale
 University, who has served as editor since 1980 after Okun passed away.
 Brainard and Perry will be editors emeritus of the journal beginning in
     "George Perry and Bill Brainard made the Brookings Papers on Economic
 Activity one of the premier economic journals in the country. Their
 dedicated stewardship will serve as an example to guide BPEA in the
 future," said Gale.
     The Brookings Institution is a private nonprofit organization devoted
 to independent research and innovative policy solutions. For more than 90
 years, Brookings has analyzed current and emerging issues and produced new
 ideas that matter -- for the nation and the world.

SOURCE The Brookings Institution