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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
Journal Article
Equality of education opportunity revisited
Kain, John F.; Singleton, Kraig
(1996-05)
New England Economic Review
, Issue May
, Pages 87-114
Journal Article
Technology and growth: an overview
Little, Jane Sneddon; Fuhrer, Jeffrey C.
(1996-11)
During the 1990s, the Federal Reserve has pursued its twin goals of price stability and steady employment with considerable success. But despite--or perhaps because of--this success, concerns about the pace of economic and productivity growth have attracted renewed attention. Many observers ruefully note that the average pace of GDP growth has remained below rates achieved in the 1960s and that a period of rapid investment in computers and other capital equipment has had disappointingly little impact on the productivity numbers. Most of the industrial world has experienced a similar decline ...
New England Economic Review
, Issue Nov
, Pages 3-25
Journal Article
Are district presidents more conservative than board governors?
Tootell, Geoffrey M. B.
(1991-09)
It is widely believed that the Federal Open Market Committee policy votes of Federal Reserve Bank presidents are more "conservative" than those of their Board governor counterparts. In both academia and Congress, the suspicion runs deep that the political appointment procedure exercised over Federal Reserve Board governors-nomination by the President and confirmation by the Senate-results in monetary policy that is more concerned with output and less concerned with inflation than the policy produced by the more politically independent District Bank presidents. ; This article examines the ...
New England Economic Review
, Issue Sep
, Pages 3-12
Journal Article
The behavior of home buyers in boom and post-boom markets
Shiller, Robert J.; Case, Karl E.
(1988-11)
New England Economic Review
, Issue Nov
, Pages 29-46
Journal Article
Taking charge: should New England increase its reliance on user charges?
Tannenwald, Robert
(1990-01)
New England relies less on user charges for its state and local revenues than any other region of the country. As a result, some policymakers maintain that increases in user charges would correct an "imbalance" in the regions revenue mix. However, the national mix of state and local revenues is not necessarily the best mix for the states of New England. The degree to which a state should rely on u. ser charges depends on the priorities of its policymakers among competing principles of taxation, the conditions under which each principle favors user charges over taxes, and the extent to which ...
New England Economic Review
, Issue Jan
, Pages 56-74
Journal Article
The regional impact of health care reform - with a focus on New England
Jud, Michael D.; Little, Jane Sneddon
(1994-07)
The United States has begun the huge task of reforming its health care system and many individuals have already begun to consider the likely impact of health care reform on their state's economy. Given the momentum of change in the private sector and at the state level, the U.S. health care system will never be the same again, with or without federal legislation. Because New England is the U.S. region most dependent on employment in health care services, concerns about the impact of health care reform are particularly acute in this area. ; Accordingly, this article presents a preliminary ...
New England Economic Review
, Issue Jul
, Pages 3-32
Journal Article
Are stock returns different over weekends? a jump diffusion analysis of the \"weekend effect\"
Fortune, Peter
(1999-09)
The distribution of returns on common stocks is, arguably, one of the most widely studied financial market characteristics. The performance of stock prices during breaks in trading has received considerable attention in recent years, especially since the advent of "circuit breakers" designed to create stability when markets are chaotic. This study examines the distribution of daily returns on five popular stock price indices, with a special emphasis on the difference between returns over weekends and returns over adjacent intraweek trading days. The author revisits the "weekend effect" in ...
New England Economic Review
, Issue Sep
, Pages 3-19
Journal Article
Input tariffs as a way to deal with dumping
Skeath, Susan E.
(1993-11)
The General Agreement on Tariffs and Trade (GATT) has significantly reduced the use of tariffs as barriers to international trade in todays marketplace. The existence of antidumping legislation, however, provides American industry with a method of procuring protection when the pressures of international competition become oppressive. Many American companies have taken advantage of the legislation and claimed injury at the hands of unfair competition from abroad, often winning the imposition of punitive duties on competing imports as compensation for previous underpricing. This article uses an ...
New England Economic Review
, Issue Nov
, Pages 45-55
Journal Article
Measuring credit risk in interest rate swaps
Simons, Katerina
(1989-11)
New England Economic Review
, Issue Nov
, Pages 29-38
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Kopcke, Richard W. 27 items
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