The Brookings Papers on Economic Activity, long one of Brookings's signature publications, has new leadership. The three incoming editors have all made outstanding contributions to economic research, economic policymaking, and the communication of economic ideas to a broad audience. They will ensure that BPEA continues to be a central meeting place for leading scholars analyzing important economic problems. The new editorial team will retain BPEA's focus on empirical research of current issues in macroeconomics and economic policy, emphasizing real-world events and institutions. The journal will uphold its tradition of excellence in areas such as fiscal and monetary policy, labor markets, wages and prices, the distribution of income and wealth, international capital flows, and international trade and development. Contents include:Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox Betsey Stevenson and JustinWolfers (University of Pennsylvania) Trade and Wages, Reconsidered Paul Krugman (Princeton University)The Economics of Place-Making Policies Edward Glaeser and Joshua Gottlieb (Harvard University)