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Author:Minehan, Cathy E. 

Conference Paper
Foreword

Education is an issue that touches everyone, personally, professionally, and as citizens of our respective nations and the world. The Federal Reserve Bank of Boston has had a long involvement with education reform in Massachusetts and in Boston specifically. We do this out of a sense of community involvement, but also out of a real desire to improve the pool from which we draw a major share of our workforce. As we consider the challenges facing our country and the world, education, more so than almost anything else, is at once both at the heart of every problem and a part of every solution.
Conference Series ; [Proceedings] , Volume 47 , Issue Jun , Pages xi-xiii

Report
Systemic supervision: a necessity of financial modernization

The world of financial services has changed rapidly in the past decade. The recent pace of innovation suggests that change could, if anything, accelerate in the coming years. Such an environment poses difficult challenges for financial industry supervisors, especially in addressing threats to the over-all stability of the financial system. Financial supervision in the United States has evolved in recent years to keep pace, but the coming, new environment may require an approach to supervision that more explicitly monitors the health of the financial system as a whole.
Annual Report

Conference Paper
The policy implications of technology for the future of financial services

Proceedings , Paper 530

Report
Productivity growth and the \\"new economy\\"

Annual Report

Report
Trade and growth in New England

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

Report
The U.S. retail payments system: moving to the future

Annual Report

Conference Paper
Seismic shifts: the economic impact of demographic change: foreword

Conference Series ; [Proceedings] , Volume 46 , Issue Jun

Report
Living beyond our means

Both the current account deficit and the federal fiscal deficit are symptoms of living beyond our means. In this essay, we first provide the basic conceptual background, starting with some elements of national income accounting. We show how the two deficits are related to each other, and how they may be affected by public policy and private actions that impact economic behavior. We then cover the facts about the two deficits--their magnitude and their recent history. Next comes the question of sustainability and the long term consequences of the deficits. We conclude with an overview of the ...
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