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Author:Henderson, Yolanda K. 

Journal Article
Regulating New England's supply of electricity: goals, incentives, and payoffs

New England Economic Indicators , Issue Q IV , Pages iv-vii

Journal Article
Planning for New England's electricity requirements

New England Economic Review , Issue Jan , Pages 3-30

Journal Article
Financial intermediaries under value-added taxation

New England Economic Review , Issue Jul , Pages 37-50

Journal Article
Defense cutbacks and the New England economy

Defense is a regrettable expenditure. Like law enforcement and insurance, defense spending may be necessary but intrinsically it does not make us feel better off in the same way as, for example, housing, transportation services, and education. Thus the reductions in East- West tensions that enable us to allocate more dollars to items that directly improve living standards should be welcome. ; Nevertheless, adjustment to a lower level of defense spending has costs. Reduced demand for defense services will cause disruptions for defense-oriented companies and their workers. Concern is especially ...
New England Economic Review , Issue Jul , Pages 3-24

Journal Article
Retrospective of the 1980s

New England Economic Indicators , Issue Q I , Pages iv-xi

Journal Article
Is leverage a tax dodge--or not?

In passing the Tax Reform Act of 1986, policymakers wanted to ensure that corporations would pay their fair share of tax. Congress broadened the corporate tax base, rescinded the investment tax credit, and instituted a new minimum tax. The issue of adequate tax payments has not gone away, however, because corporations have been taking larger interest deductions as a result of having substituted debt for equity on their balance sheets. ; This study begins by measuring the aggregate tax consequences of corporate leverage decisions. It also examines the tax implications of recent transactions in ...
New England Economic Review , Issue Mar , Pages 11-32

Journal Article
Capital costs, industrial mix, and the composition of business investment

The composition of business investment in the United States changed dramatically during the 1980s. Workplaces were transformed as a result of investments in information processing equipment such as computers, fax machines, copiers, and sophisticated telephones. Businesses built new office towers and shopping malls, but few industrial facilities. ; This article considers the extent to which changes in the cost of capital can account for these shifts. A number of developments occurred in the 1980s that affected the cost of capital more for some industries and assets than others. It is well ...
New England Economic Review , Issue Jan , Pages 67-92

Journal Article
The emergence of the venture capital industry

New England Economic Review , Issue Jul , Pages 64-79

Journal Article
Further base broadening: a possible source of tax revenues?

New England Economic Review , Issue Mar , Pages 33-45

Journal Article
Lessons from federal reform of business taxes

New England Economic Review , Issue Nov , Pages 9-25

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