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Journal Article
Are state and local revenue systems becoming obsolete?
Tannenwald, Robert
(2001)
As recently as a year ago, state governments were awash in revenue, but reports from state revenue officials suggest that growth in tax receipts has slowed considerably in recent quarters. The flow of tax revenues into state coffers has decelerated primarily because the economy has suffered a severe shock (it was weakening even before September 11) and delayed tax cuts enacted in earlier, more prosperous times have taken full effect. However, many tax analysts believe that long-term economic, technological, and political trends are also partially responsible and will continue to constrain ...
New England Economic Review
Journal Article
The need to protect depositors of large banks, and the implications for powers and ownership
Randall, Richard E.
(1990-09)
Three fundamental and interconnected issues should be carefully considered before making any decisions on altering the federal safety net or the structure of the U.S. banking system. The first is whether or not bank depositors and other creditors can exercise timely and meaningful restraint on excessive risk-taking by bank managements. The second is whether the government should handle the orderly resolution of large bank failures in such a way that uninsured depositors and other bank creditors are protected. The third fundamental issue is the degree to which banking should continue to be ...
New England Economic Review
, Issue Sep
, Pages 63-75
Journal Article
Modeling the Fed: a forward- looking monetary policy reaction function
McNees, Stephen K.
(1986-11)
New England Economic Review
, Issue Nov
, Pages 3-8
Journal Article
Massachusetts' tax competitiveness
Tannenwald, Robert
(1994-01)
One of the most important issues facing the Commonwealth of Massachusetts today is maintaining a hospitable climate for business. If Massachusetts' taxes are deterring firms from locating and expanding within its territory, then the Commonwealth should consider ways of making its tax system less repellent. On the other hand, if its tax system is not such a deterrent, the Commonwealth should devote more attention to issues of greater concern to its employers, such as high unemployment insurance taxes, workers' compensation premiums, health care costs, and energy prices. ; This article presents ...
New England Economic Review
, Issue Jan
, Pages 31-49
Journal Article
Technology and skill requirements: implications for establishment wage structures
Cappelli, Peter
(1996-05)
New England Economic Review
, Issue May
, Pages 139-156
Journal Article
The accuracy of two forecasting techniques: some evidence and an interpretation
McNees, Stephen K.
(1986-03)
New England Economic Review
, Issue Mar
, Pages 20-31
Journal Article
New England's educational advantage: past successes and future prospects
Kodrzycki, Yolanda
(2000-01)
Any enumeration of New England's competitive strengths is likely to include the high education levels of its work force. The growing availability of highly educated workers in the region has permitted the development of industries that make use of advanced skills and raised the average standard of living during the past several decades. This article investigates the sources of New England's educational advantage historically, examines recent trends in key determinants, and discusses prospects for the future. ; The author presents the basic facts on educational attainment in New England and ...
New England Economic Review
, Issue Jan
, Pages 25-40
Journal Article
Credit card borrowing, delinquency, and personal bankruptcy
Stavins, Joanna
(2000-07)
Credit card delinquencies and personal bankruptcy rates increased during the mid 1990s, despite the strength of the U.S. economy. Even though per capita income rose during that period, household borrowing grew at an even faster pace. The rise in revolving debt-mainly credit card loans-was especially noticeable, and the increase in personal bankruptcy rates was also substantial. This article examines the relationship between consumer credit card borrowing, delinquency rates, and personal bankruptcies. The author looks at developments involving borrowers, the demand side, and lenders, the ...
New England Economic Review
, Issue Jul
, Pages 15-30
Journal Article
It's time to tax employee benefits
Munnell, Alicia H.
(1989-07)
New England Economic Review
, Issue Jul
, Pages 49-63
Journal Article
Bank participation in real estate: conduct, risk, and regulation
Felgran, Steven D.
(1988-11)
New England Economic Review
, Issue Nov
, Pages 57-73
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