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Bank:Federal Reserve Bank of Boston  Series:New England Economic Review 

Journal Article
Role of firms in job creation and destruction in U.S. manufacturing

Research in recent years has documented extensively the fact that labor markets are characterized by large and pervasive flows of jobs among places of employment. However, virtually none of this research pertains to the role of the firm and its decisions in determining job creation and destruction. Previous research and data-gathering efforts have focused on employment at individual physical locations called establishments, or plants. This neglect leaves fundamental questions regarding the role of firms unanswered. Job reallocation occurring within firms may have very different causes and ...
New England Economic Review , Issue Mar , Pages 29-44

Journal Article
Regional banking competition

New England Economic Review , Issue Jul , Pages 3-19

Journal Article
The capital crunch in New England

The increase in real estate lending was a major reason for the rapid expansion of New England banks during the 1980s. When nominal real estate prices began to decline in New England, collateral became impaired and many loans stopped performing. The consequent increased provision for expected loan losses (loan loss reserves) caused a rapid deterioration in bank capital throughout the region. ; Having just lost a significant proportion of their capital, many banks tried to satisfy their capital/asset ratio requirements by shrinking their institutions. This article discusses why banks facing ...
New England Economic Review , Issue May , Pages 21-31

Journal Article
Purchasing power parity within the United States

Economics has many articles of faith. One of the most dearly held is Purchasing Power Parity, which posits that the price of the same good in different regions should be equivalent when no barriers to arbitrage exist. Because Purchasing Power Parity (PPP) is an important assumption in much of international economic theory, this article examines empirical evidence testing this proposition. ; Instead of analyzing international data, this study analyzes PPP between regions of the United States. By comparing regions within a country, it eliminates many of the hypotheses offered to explain the ...
New England Economic Review , Issue Jul , Pages 15-24

Journal Article
New England approaches the 1990s

New England Economic Review , Issue Jan , Pages 31-45

Journal Article
The European Central Bank and the Eurosystem

The Eurosystem comprises the European Central Bank at its center as well as the national central banks of the twelve countries currently participating in monetary union. The European Central Bank was established in July 1998, six months before the beginning of Stage Three of economic and monetary union. Although decisions regarding monetary policy are made centrally by the Governing Council of the Eurosystem, the operational aspects of monetary policy-including open market operations, administration of the minimum reserve system, and management of the standing facilities-are undertaken in a ...
New England Economic Review , Issue Q 2 , Pages 25-28

Journal Article
New England manufacturing and international trade

New England Economic Review , Issue Sep , Pages 22-28

Journal Article
The stock market and economic activity

New England Economic Review , Issue May , Pages 39-50

Journal Article
Financial assets, interest rates, and money growth

New England Economic Review , Issue Mar , Pages 17-30

Journal Article
Interstate banking and the outflows of local funds

New England Economic Review , Issue Mar , Pages 7-19

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Kopcke, Richard W. 27 items

Little, Jane Sneddon 26 items

Rosengren, Eric S. 26 items

Browne, Lynn E. 24 items

Bradbury, Katharine L. 21 items

Fieleke, Norman S. 21 items

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