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,How Much Do Immigration and Trade Affect Labor Market Outcomes? by George J. Rojas, Richard B. Freeman, and Lawrence F. KatzSystemic Monetary Policy and the Effects of Oil Price Shocks By Ben S. Bernanke, Mark Gertler, and Mark WatsonPublic Resistance to Indexation: A puzzle by Robert J. ShillerCan Families Smooth Variable Earnings? by Susan Dynarski and Jonathan GruberAddressing the Quality Change Issue in the Consumer Price Index by Brent R Moulton and Karin E. MosesBrazil's Incomplete Stabilization and Reform by Rudiger Dornbusch