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Discussion Paper
University-community partnerships: 2006 Worcester speaker series
Over the last decade, partnerships between colleges and universities, government, and businesses have helped foster economic development in the city of Worcester, Massachusetts. In 2006, the Worcester UniverCity Partnership, a coalition of private and public sector organizations working with colleges, in collaboration with the New England Resource Center for Higher Education, organized a speaker series aimed at promoting the depth and impact of university-community partnerships in the city. This report provides highlights from the 2006 Worcester Speaker Series, discusses the history and characteristics of Worcester?s partnerships, and suggests steps toward a workable action agenda for the city. This is a portrait of one city?s approach to strengthening its partnerships, which can also serve as a model for other cities interested in promoting economic development through university-community partnerships. ; Prepared by Marga, Inc. with support from the Federal Reserve Bank of Boston and the Annie E. Casey Foundation.
AUTHORS: anonymous
DATE: 2007
Journal Article
Reaching the top: challenges and opportunities for women leaders
This special edition of the Regional Review is based on presentations made at Reaching the Top: Challenges and Opportunities for Women Leaders, a conference sponsored by the Federal Reserve Bank of Boston on March 3, 2004.
AUTHORS: anonymous
DATE: 2005-01
Report
Deflation
The Great Depression and Japan's more recent experience convinced some central bankers that deflation is dangerous. This report, however, argues that deflation is an acceptable economic outcome if it is occasional, small in magnitude, and accompanied by strong productivity growth. They analyze the economic impact of deflation and conclude that while the zero, or very low, nominal interest rates that often accompany deflation can cause problems, many of the problems attributed to deflation are not unique to falling prices per se. Some business people mistakenly fear deflation when the real issue is the decline in the price of the goods and services they produce relative to other prices. Furthermore, some of the disruptions attributed to deflation arise not because the price level is falling but because prices are rising more slowly than anticipated. A better understanding of the dangers of deflation is especially pertinent in light of modern central banks' near-universal commitment to low inflation and their increasing use of inflation targeting as an operational framework.
AUTHORS: anonymous
DATE: 2002
Report
The year of disinflation
A review of 1982 monetary policy decisions and economic conditions, with an analysis of the continuing 1981 recession and the process of disinflation.
AUTHORS: anonymous
DATE: 1983-03
Report
Can economics help save our schools?
Education and the flexibility to adapt to change are the most important factors in stimulating innovation and economic growth. Educated societies possess people who have the skills that enable them to induce change and then to successfully adapt.
AUTHORS: anonymous
DATE: 2004
Report
Theory ahead of rhetoric: measurement and the “New Economy”
The annual report essay discusses the measurement system used to track U.S. economic activity, and why it is not yet up to the task of effectively measuring aspects of economic activity that contribute the most to long-term economic growth. For historical reasons, our measuring system has concentrated on expenditure and output; going forward, though, it will need to gauge the true economic values of land, labor, and capital more accurately. Contemporary theories about the business cycle and economic growth indicate that conventional methods of measuring these factors fall short of what we really need to understand how our economy is operating
AUTHORS: anonymous
DATE: 2000
Report
A puzzle for the world
An analysis of the strength of the U.S. dollar in 1984 and imbalances in U.S. international transactions.
AUTHORS: anonymous
DATE: 1985-04
Report
Innovation, growth, and economic policy in an environment of change
In this report, we explore innovation as the engine of economic prosperity and argue that the greatest strength we possess is our ability to induce and embrace change, from the integration of new technologies to new peoples and cultures. Indeed, if we hope to remain an ongoing, vital player in the global economy, flexibility is likely to be our most valuable asset.
AUTHORS: anonymous
DATE: 2003
Report
Governments and money
A discussion of the history of attempts to protect the purchasing power of money, which contends that fostering competition among currencies may be the best way to generate economic growth through price stability.
AUTHORS: anonymous
DATE: 1995-01
Report
Beyond price stability: a reconsideration of monetary policy in a period of low inflation
Proposals for making price stability the Federal Reserve's primary monetary policy objective still deserve serious consideration and support, but perhaps this objective should be considered in a broader context than has been the case in recent years.
AUTHORS: anonymous
DATE: 1998
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