Retaining recent college graduates in New England: an update on current trends
This policy brief presents some basic facts about the retention of recent college graduates and changes in retention over time. It considers how New England compares with other divisions, what factors affect its ability to retain graduates, and the reasons why recent college graduates choose to leave New England. It also highlights a Boston-area initiative to promote internships as a retention tool.
Uncertain futures: are American youth increasingly idle?: think again
Continued high unemployment and low labor force participation among U.S. youth have led many observers to question what the future path of employment will look like for younger workers. Of particular concern is the share of the youth population that is idle, or what is technically termed ?not in employment, education, or training? (NEET). These individuals are particularly vulnerable to continued adverse labor market outcomes and their prolonged detachment from the labor market may result in significant individual and social costs. This policy brief details trends in youth labor market ...
Measuring non-school fiscal imbalances of New England municipalities
Local jurisdictions differ in the per capita costs that they must incur to provide a standard quality and quantity of municipal services at average efficiency. These cost differences are attributable to local social and economic characteristics or circumstances that are outside the control of local government.
A guide to state debt affordability studies: common elements and best practices
Policymakers must carefully balance a state's capital needs with efforts to keep debt levels affordable. To help weigh these competing concerns, a number of states routinely prepare formal debt affordability studies. By exploring the purpose of such studies, their common elements, and best practices, this policy brief aims to provide guidance to states that are developing or re-examining their own debt affordability analyses.
Reforming municipal aid in Massachusetts: the case for a gap-based formula
This policy brief evaluates the distribution of municipal aid in Massachusetts in FY 2011 and suggests an approach for reforming municipal aid without redistributing current aid. We use the ?municipal gap,? a measure that is outside the control of local officials, to determine a community?s need for municipal aid. To show the general pattern of municipal gaps across the state, we compare five prototype communities -- large cities, job-center suburbs, higher-income residential suburbs, rural towns, and resort towns. The analysis shows that the distribution of FY 2011 municipal aid does not ...
Revenue forecasting processes in New England
State governments creating their budgets are concerned about available revenues. The basis of a successful budget is a sound revenue forecast. How states arrive at this forecast is both a science and an art and the approach differs markedly among states. This policy brief responds to the dearth of readily accessible information about states? revenue forecasting processes by describing, comparing, and contrasting the revenue forecasting processes of the New England states.
Who are the uninsured, and why are they uninsured?
Since 2000, the number of uninsured Americans, both nationally and in New England, has risen by nearly 20 percent. In 2005, 46.6 million Americans and 1.5 million New Englanders lacked health insurance. For millions more Americans, the prospect of losing coverage is a tangible and real concern.
The New England rental market
New England?s rental prices are high but relatively affordable to most residents.
An overview of Chapters 40R and 40S: Massachusetts’ newest housing policies
In creating Chapters 40R and 40S, policymakers recognized that respecting local concerns in the pursuit of statewide goals was a more effective strategy than mandating or regulating behavior. While the jury is still out on how effective 40R and 40S will be, moving from regulation to incentives is a commendable step for housing policy in the Commonwealth.
A more equitable approach to cutting state aid
Local governments in New England rely on state aid to finance the provision of essential public services. Yet in response to the recent and ongoing fiscal crisis, state governments across the region have cut local aid deeply, often by the same percentage in each community. This across-the-board approach ignores differences in underlying local fiscal health and places a larger burden on many resource-poor communities. To address this concern, this policy brief provides a new, more equitable approach that allocates smaller aid cuts to communities that are in worse underlying fiscal health and ...