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Journal Article
CRA sunshine provisions
Lewis, Carol
(2001-07)
Questions and answers about the new section to Regulation G.
Communities and Banking
, Issue Sum
, Pages 23
Journal Article
Reviving Main Street: two New England case studies
Marcuss, Mamie
(2005-01)
For 25 years, the Main Street program of the National Trust for Historic Preservation has been revitalizing town centers and rejuvenating downtown commercial districts. This article takes a look at the Main Street strategy and examines its success in Boston, Massachusetts, and Littleton, New Hampshire.
Communities and Banking
, Issue Win
, Pages 3-9
Journal Article
The subprime meltdown: who knew what when?
McCoy, Patricia A.; Engel, Kathleen C.
(2010-10)
Today there is a frequent refrain that the subprime collapse came as a surprise. We contend that, on the contrary, many saw it coming. Starting in the 1990s, there were white papers by consumer organizations and articles in newspapers about abuses in the subprime market. Consumer advocates repeatedly testified before House and Senate committees, citing evidence that, for example, home foreclosures had tripled between 1982 and 1997, high-cost subprime loans accounted for 22 percent of all foreclosures in 1998, and many subprime loans were simply unaffordable.
Communities and Banking
, Issue Fall
, Pages 16-18
Conference Paper
Hysteresis in unemployment
Ball, Laurence
(2008)
Hysteresis is central to long-run unemployment movements in many countries. This essay addresses two broad issues. The first is whether there is clear evidence of hysteresis effects. To put it differently, can we reject the hypothesis that the NAIRU, and hence the long run behavior of unemployment, is independent of aggregate demand? The second broad issue is the nature of hysteresis. Through what mechanisms do short-run unemployment movements influence the NAIRU? What determines the strength of these effects in different countries and time periods? What are the implications for monetary ...
Conference Series ; [Proceedings]
Report
Did the Medicaid Expansion Crowd Out Other Payment Sources for Medications for Opioid Use Disorder? Evidence from Rhode Island
Burke, Mary A.; Sullivan, Riley
(2022-04-14)
Using information from the all-payer claims database for Rhode Island covering more than three-quarters of health insurance enrollees in the state from April 2011 through May 2019, this paper offers new measures of the association between the Medicaid expansion and the rate of receipt of buprenorphine and methadone for opioid use disorder (OUD). These robust measures adjust for the extent to which new Medicaid payments for these medications that started in 2014 crowded out payments from either non-Medicaid insurance or from non-insurance subsidies for the treatment of opioid abuse. We find ...
Current Policy Perspectives
Journal Article
Lessons from variations in state Medicaid expenditures
Little, Jane Sneddon
(1992-01)
Because Medicaid is absorbing a large and growing share of government spending in every state, policymakers are under intense pressure to control the cost of this budget-breaking program. In search of clues concerning Medicaid cost containment, this article examines state data on per-recipient Medicaid spending by type of service. This effort suggests focusing on nursing homes, because per-recipient payments to these institutions are highly variable across states. Indeed, the article concludes that a key explanation for cross-state differences in per-recipient Medicaid expenses is the ...
New England Economic Review
, Issue Jan
, Pages 43-66
Working Paper
Another hidden cost of incentives: the detrimental effect on norm enforcement
Fuster, Andreas; Meier, Stephan
(2009)
Monetary incentives are often considered as a way to foster contributions to public goods in society and firms. This paper investigates experimentally the effect of monetary incentives in the presence of a norm enforcement mechanism. Norm enforcement through peer punishment has been shown to be effective in raising contributions by itself. We test whether and how monetary incentives interact with punishment and how this in turn affects contributions. Our main findings are that free riders are punished less harshly in the treatment with incentives, and as a consequence, average contributions ...
Working Papers
, Paper 09-2
Conference Paper
Bank credit and economic activity
Walsh, Carl E.; Wilcox, James A.
(1995)
Conference Series ; [Proceedings]
, Volume 39
, Pages 83-125
Journal Article
Spatial and labor market contributions to earnings inequality: an overview
Mayer, Christopher J.; Kodrzycki, Yolanda; Bradbury, Katharine L.
(1996-05)
New England Economic Review
, Issue May
, Pages 1-10
Discussion Paper
Foreclosure externalities: some new evidence
Willen, Paul S.; Gerardi, Kristopher S.; Yao, Vincent W.; Rosenblatt, Eric
(2012)
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale prices of nearby properties. We revisit this issue using a more robust identification strategy combined with new data that contain information on the location of properties secured by seriously delinquent mortgages and information on the condition of foreclosed properties. We find that while properties in virtually all stages of distress have statistically significant, negative effects on nearby home values, the magnitudes are economically small, peak before the distressed ...
Public Policy Discussion Paper
, Paper 12-5
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economic outlook 15 items
inflation 15 items
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employment 14 items
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consumption 11 items
pandemic 11 items
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dual mandate 7 items
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