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Keywords:Service industries 

Journal Article
The role of services in New England's rise and fall: engine of growth or along for the ride?

The downturn in the New England economy has surprised almost everyone by its severity and breadth. Even those who foresaw that the rapid expansion of the mid 1980s could not be sustained warned of slower growth rather than sharp contraction. This article assesses the role played by services and financial services in New Englands fluctuating economic fortunes. ; The author examines the size of the nationally oriented component of financial and other services and the stability of a more servicesoriented economy. If financial and other services can serve as regional economic drivers in a ...
New England Economic Review , Issue Jul , Pages 27-44

Journal Article
The shift from manufacturing to services: a concerned view

New England Economic Review , Issue Jan , Pages 30-38

Journal Article
Taking in each other's laundry--the service economy

New England Economic Review , Issue Jul , Pages 20-31

Journal Article
New England at your service: the new geography of service industries

Regional Review , Volume 8 , Issue Q 4 , Pages 6-11

Report
Interpreting the Great Moderation: changes in the volatility of economic activity at the macro and micro Levels

We review evidence on the Great Moderation together with evidence about volatility trends at the micro level to develop a potential explanation for the decline in aggregate volatility since the 1980s and its consequences. The key elements are declines in firm-level volatility and aggregate volatility - most dramatically in the durable goods sector - but with no decline in household consumption volatility and individual earnings uncertainty. Our explanation for the aggregate volatility decline stresses improved supply-chain management, particularly in the durable goods sector, and, less ...
Staff Reports , Paper 334

Journal Article
Inflation in the service sector

Quarterly Review , Volume 11 , Issue Win

Journal Article
Tracking inflation in the service sector

In the last forty years, inflation in the service sector has consistently exceeded inflation in the rest of the economy. This article investigates whether the observed difference in inflation rates reflects upward bias in the measurement of service prices.
Quarterly Review , Volume 16 , Issue Sum

Report
Modelling U.S. services trade flows: a cointegration-ECM approach

The U.S. service surplus soared from near zero in 1985 to about $60 billion in 1992, offsetting about two thirds of the goods trade deficit. Could this merely reflect improvement in data collection? Or does this mean U.S. services industries are more competitive internationally than goods industries? Is the services surplus likely to continue to rise? This paper estimates a forecastable model of U.S. services trade to address the above questions. We find that data improvement actually had a negative net impact on the services surplus, since it affected imports more than exports. Instead, the ...
Research Paper , Paper 9518

Report
Why do services prices rise more rapidly than goods prices?

Research Paper , Paper 9330

Report
Tests for measurement of service sector productivity

Research Paper , Paper 8906

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Fisher, Richard W. 9 items

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