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 "The East Asian Financial Crisis: Diagnosis, Remedies, Prospects" by Steven Radelet and Jeffrey D. Sachs "Self-Control and Saving for Retirement" by David I. Laibson, Andrea Repetto, and Jeremy Tobacman "The Political Economy of Fiscal Adjustments" by Alberto Alesina, Roberto Perotti, and Jos? Tavares Reports "The Wealth Dynamics of American Families, 1984-94" by Erik Hurst, Ming Ching Luoh, and Frank P. Stafford "Hours Reductions as Work-Sharing" by Jennifer Hunt