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Author:Browne, Lynn E. 

Working Paper
Does Springfield receive its fair share of municipal aid? : implications for aid formula reform in Massachusetts

This paper examines the distribution of unrestricted municipal aid in Massachusetts, which has been a major concern to civic leaders and elected officials of many communities, including Springfield. The paper develops a measure of the municipal fiscal gap indicating the relative need of municipalities for state aid. The analysis shows that in recent years, unrestricted municipal aid has not been distributed in proportion to the gap measure among the 10 largest cities in Massachusetts. For example, despite having the largest municipal gap, Springfield received almost the lowest per capita ...
New England Public Policy Center Working Paper , Paper 10-4

Journal Article
Real estate and the credit crunch: an overview

In the late 1980s, declining real estate values led to an increase in nonperforming loans, which forced the shrinkage or failure of many banks. Has a "credit crunch" resulted, as many small business representatives insist? This article offers an overview of the Federal Reserve Bank of Bostons 1992 economic conference, which examined the crisis. The first sessions explored the causes of the sharp fluctuations in real estate values and construction activity, and the significance of economic fundamentals, tax and regulatory policy, and speculation. The next two sessions dealt with the effects ...
New England Economic Review , Issue Nov , Pages 25-36

Journal Article
Black men in the labor market

New England Economic Review , Issue Mar , Pages 32-42

Productivity growth and the \\"new economy\\"

Annual Report

Journal Article
High technology industry in the world marketplace

New England Economic Review , Issue May , Pages 21-25

Journal Article
The saving mystery, or where did the money go?

Of great concern and puzzlement to many has been the decline in the U.S. personal saving rate. From 8 percent of personal income 20 years ago, saving has fallen to less than 4 percent. This is a matter of concern because saving and investment are closely linked, and investment is believed critical to productivity gains and a rising standard of living. The decline in saving is also a source of puzzlement because it runs counter to many people's perception of what is happening.> This article investigates the decline in saving, focusing on "where the money went." The authors find that rising ...
New England Economic Review , Issue Sep , Pages 15-27

Conference Paper
Real estate and the credit crunch: proceedings of a conference held in September 1992

Conference Series ; [Proceedings] , Volume 36 , Issue Jun

Massachusetts in the 1990's: the role of state government

Research Report , Paper 72

Conference Paper
How the commercial real estate boom undid the banks

Conference Series ; [Proceedings] , Volume 36 , Pages 57-113

Journal Article
The labor force, unemployment rates, and wage pressures

New England Economic Review , Issue Jan , Pages 21-29


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