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Report
Trade and growth in New England
Little, Jane Sneddon; Minehan, Cathy E.
(1996)
From the time when New England timber built the British navy and Salem boys sailed ginseng root to China and returned as wealthy men, New England?s growth has been tightly linked with international trade. The ties are no less compelling today. Trade raises living standards by promoting the efficient use of resources and encouraging the adoption of new technologies and productivity improvements. New England is a region that specializes in new technologies, a region with limited natural resources, and trade is essential to its future well-being. However, like technological change, increased ...
Annual Report
Conference Paper
Is globalization really to blame?
Pou, Pedro
(1999-06)
Conference Series ; [Proceedings]
, Volume 43
, Issue Jun
, Pages 243-250
Conference Paper
Libertarian paternalism is not an oxymoron
Thaler, Richard H.; Sunstein, Cass R.
(2003-06)
The idea of libertarian paternalism might seem to be an oxymoron, but it is both possible and legitimate for private and public institutions to affect behavior while also respecting freedom of choice. Often people's preferences are ill-formed, and their choices will inevitably be influenced by default rules, framing effects, and starting points. In these circumstances, a form of paternalism cannot be avoided. Equipped with an understanding of behavioral findings of bounded rationality and bounded self-control, libertarian paternalists should attempt to steer people's choices in ...
Conference Series ; [Proceedings]
, Volume 48
, Issue Jun
Journal Article
Across the region: six-state review
anonymous
(2005-07)
Fiscal Facts
, Issue Sum
, Pages 6-11
Journal Article
The market for single-family homes in the Boston area
Case, Karl E.
(1986-05)
New England Economic Review
, Issue May
, Pages 38-48
Discussion Paper
The Boston Fed study of consumer behavior and payment choice: a survey of Federal Reserve System employees
Blair, Krista; Crowe, Marianne; Schuh, Scott; Benton, Marques
(2007)
The way people pay for goods and services is changing dramatically, but little data and research on consumer behavior and payment choice are publicly available. This paper describes the results of a survey of payment behavior and attitudes taken by Federal Reserve employees in 2004. Major contributions of the survey are that it asks: 1) why payment choices are made; 2) why individual payment behavior has changed; and 3) why individual-specific payment characteristics matter for payment choice. Although the survey is not statistically representative of U.S. consumers, and thus may not provide ...
Public Policy Discussion Paper
, Paper 07-1
Speech
Perspectives on the U.S. Economic Outlook
Rosengren, Eric S.
(2019-12-17)
My view is that the economy is currently in a good place. Labor markets are strong, inflation is moving to target, and growth is likely to be somewhat above potential. Particularly given the recent cuts in the federal funds rate, and the fact that monetary actions take effect with some lag, I would say that this is a good time to patiently assess the economy. In the short run, I do not see a need for additional policy easing unless there is a material change to the forecast.
Speech
Working Paper
Estimating demand elasticities in a differentiated product industry: the personal computer market
Stavins, Joanna
(1995)
Supply and demand functions are typically estimated using uniform prices and quantities across products, but where products are heterogeneous, it is important to consider quality differences explicitly. This paper demonstrates a new approach to doing this by employing hedonic coefficients to estimate price elasticities for differentiated products in the market for personal computers. Differences among products are modeled as distances in a linear quality space derived from a multi-dimensional attribute space. Heterogeneous quality allows for the estimation of varying demand elasticities among ...
Working Papers
, Paper 95-9
Journal Article
Reviving downtown New England: Westfield, Massachusetts brownfields project
Carter, Becky
(1997-10)
Westfield not only looks like other small New England cities, it also shares many of their challenges. Westfield also contains a brownfield site, this one in the middle of its downtown commercial district.
Communities and Banking
, Issue Fall
, Pages 9
Journal Article
Social security reform: an overview
Triest, Robert K.
(1997-11)
Recent decades have seen a trend toward longer life expectancy and reduced birth rates across the globe. This is good news -- the pressures created by rapid population growth are being relaxed, and people are more likely to live to old age -- but it creates problems for programs such as Social Security, which are designed to provide for the consumption needs of the elderly. In the United States, the retirement of the baby boom generation will result in a decrease in the number of workers per Social Security beneficiary from 3.3 now to 2.2 in the year 2030. The decrease in the ratio of workers ...
New England Economic Review
, Issue Nov
, Pages 3-16
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economic outlook 14 items
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pandemic 10 items
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