Search Results
Briefing
Immigrants as a potential source of growth for New England’s highly skilled workforce
Watson, Tara
(2013)
In recent decades, growth in New England?s college-educated workforce has lagged behind that in the nation as a whole. Attraction and retention of college graduates, especially those trained in STEM (science, technology, engineering, and mathematics) fields is a policy priority. This brief analyzes the region?s attraction and retention of foreign-born college graduates, examining two groups of immigrants: those arriving in the United States between the ages of 16 and 20, and those arriving in the United States between the ages of 21 and 29. The author finds that the foreign-born make up a ...
New England Public Policy Center Policy Brief
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
What's so special about manufacturing?
Sass, Steven A.
(1994-04)
Regional Review
, Issue Spr
, Pages 19-24
Journal Article
Chances aren't
Conaway, Carrie
(2002-07-03)
While we tend to think of whom and when we marry as an individual decision, social and economic forces play a major role.
Regional Review
, Volume 12
, Issue Q 3
, Pages 24-30
Discussion Paper
Who gains and who loses from credit card payments?: theory and calibrations
Stavins, Joanna; Shy, Oz; Schuh, Scott
(2010)
Merchant fees and reward programs generate an implicit monetary transfer to credit card users from non-card (or ?cash?) users because merchants generally do not set differential prices for card users to recoup the costs of fees and rewards. On average, each cash-using household pays $151 to card-using households and each card-using household receives $1,482 from cash users every year. Because credit card spending and rewards are positively correlated with household income, the payment instrument transfer also induces a regressive transfer from low-income to high-income households in general. ...
Public Policy Discussion Paper
, Paper 10-3
Working Paper
Business complexity and risk management: evidence from operational risk events in U. S. bank holding companies
Wang, Jianlin; Chernobai, Anna; Ozdagli, Ali K.
(2016-10-01)
How does business complexity affect risk management in financial institutions? The commonly used risk measures rely on either balance-sheet or market-based information, both of which may suffer from identification problems when it comes to answering this question. Balance-sheet measures, such as return on assets, capture the risk when it is realized, while empirical identification requires knowledge of the risk when it is actually taken. Market-based measures, such as bond yields, not only ignore the problem that investors are not fully aware of all the risks taken by management due to ...
Working Papers
, Paper 16-16
Working Paper
Larceny in the Product Market: A Hidden Tax?
Jackson, Osborne; Tran, Thu
(2020-10-01)
This paper compares the distortionary impact of larceny theft across different product markets, characterizing such crime as a “hidden tax” on producers or consumers. We estimate the size of this tax and how it is affected by exogenous changes in larceny rates driven by the enactment of higher felony larceny thresholds. Pre-enactment hidden tax rates are small, ranging from 0.1 percent to 0.4 percent. These tax rates rise or fall with enactment, varying by product market. Such exogenous changes in the hidden tax induce state-level annual welfare changes that are minimal, ranging from ...
Working Papers
, Paper 20-14
Journal Article
Promoting economic prosperity by welcoming immigrants
Steinhardt, Rachel
(2013-07)
Civic leaders are catching on to what savvy businesses already understand: diversity and immigration are opportunities that can improve prosperity for all.
Communities and Banking
, Issue Summer
, Pages 8-10
Briefing
Authorization to Work: The Prevalence of Occupational Licensing in New England
Jackson, Osborne; Sexton, Matthew
(2024-10-02)
Proponents of occupational licensing—a policy that requires workers to obtain a government-awarded credential before they can legally practice certain professions—argue that it can reduce safety risks to consumers and improve the general quality of goods and services. Opponents argue that, given the mixed evidence of the policy’s benefits to consumers, it may needlessly impede workers’ ability to enter some professions. This Regional Brief examines the prevalence of occupational licensing in New England and considers the implications for the region’s labor markets and product ...
New England Public Policy Center Regional Brief
, Paper 2024-4
Journal Article
Working at odd hours
Katz, Jane
(1998-01-01)
Regional Review
, Issue Q 1
, Pages 8-13
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state finances 29 items
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financial stability 28 items
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maximum employment 19 items
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Bank capital 17 items
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economic outlook 16 items
price stability 16 items
Debt 15 items
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credit cards 15 items
employment 15 items
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Infrastructure (Economics) 14 items
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interest rates 14 items
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dual mandate 13 items
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labor market 12 items
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consumer payments 11 items
pandemic 11 items
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exchange rates 10 items
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checks 5 items
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consumer behavior 4 items
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cost-price pass-through 4 items
credit 4 items
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financial intermediation 4 items
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reaching for yield 4 items
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Automobile industry and trade 3 items
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bank examinations 3 items
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college costs 3 items
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input-output tables 3 items
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mortgage 3 items
opioids 3 items
options 3 items
payment behavior 3 items
poststratification estimates 3 items
price dispersion 3 items
prices 3 items
productivity premium 3 items
racial wealth gap 3 items
rent 3 items
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