New England Economic Review - 1998 Issues - Boston Fed

Research & Data

Home :: Research & Data :: Papers & Publications :: New England Economic Review

New England Economic Review - 1998 Issues

This section provides links to abstracts of articles appearing in 1998 issues of the New England Economic Review. Issues are in reverse chronological order; articles are in the order they appear in the Review.

November/December	May/June
September/October	March/April
July/August	January/February

November/December

Beyond Shocks: What Causes Business Cycles? An Overview Jeffrey C. Fuhrer and Scott Schuh	Abstract Full Text
A Primer on U.S. Stock Price Indices Peter Fortune	Abstract Full Text
The Effects of Employer-Provided Severance Benefits on Reemployment Outcomes Yolanda K. Kodrzycki	Abstract Full Text

September/October

Inflation, Asset Markets, and Economic Stabilization: Lessons from Asia Lynn Elaine Browne, Rebecca Hellerstein, and Jane Sneddon Little	Abstract Full Text
Risk-Adjusted Performance of Mutual Funds Katerina Simons	Abstract Full Text
Resolving a Banking Crisis: What Worked in New England John S. Jordan	Abstract Full Text

July/August

School Quality and Massachusetts Enrollment Shifts in the Context of Tax Limitations Katharine Bradbury, Karl E. Case, and Christopher J. Mayer	Abstract Full Text
Globalization and U.S. Inflation Geoffrey M. B. Tootell	Abstract Full Text
Economic Profit and Performance Measurement in Banking Ralph C. Kimball	Abstract Full Text

May/June

Proceedings of a Colloquium on Devolution: The New Federalism
Opening Remarks Cathy E. Minehan	Full Text
Devolution: The New Federalism - An Overview Robert Tannenwald	Abstract Full Text
The Normative Political and Economic Underpinnings of the Current Devolution Movement U.S. intergovernmental relations have been the focus of economic and political theorists since Colonial times. What strands of political philosophy and economic theory have been cited by proponents and opponents of devolution? To what extent have protagonists in the devolution debate used normative theories as rationalizations to further political and economic interests? What is the political economy of the current devolution movement?
The Devolution Tortoise and the Centralization Hare	Abstract Full Text
Paper: John Kincaid Panelists: David R. Beam, David T. Ellwood, William F. Fox, and William B. Modahl Moderator: George Latimer How Will State and Local Governments Respond to the Challenges and Opportunities of the New Federalism? Some policymakers are concerned that many state governments will lack the fiscal capacity to assume devolved responsibilities, meet demands for traditional state services, and provide adequate aid for local governments. This study evaluates the fiscal capacity, fiscal need, and tax effort of the 50 states and the District of Columbia, following the approach developed by the U.S. Advisory Commission on Intergovernmental Relations. The study also analyzes Census and NIPA statistics to gain insights into the capacity of states to meet the challenges and exploit the opportunities of the new federalism.
Come the Devolution, Will States Be Able to Respond?	Abstract Full Text
Paper: Robert Tannenwald Panelists: John D. Donahue, Patricia McGovern, Esq., Isabel V. Sawhill, and John Shannon Moderator: Helen F. Ladd

March/April

European Monetary Union Michael W. Klein	Abstract Full Text
Has Antitrust Policy in Banking Become Obsolete? Katerina Simons and Joanna Stavins	Abstract Full Text
The Evolution of Bank Lending to Small Business Joe Peek and Eric S. Rosengren	Abstract Full Text

January/February

Mutual Funds, Part II: Fund Flows and Security Returns Peter Fortune	Abstract Full Text
Problem Loans at New England Banks, 1989 to 1992: Evidence of Aggressive Loan Policies John S. Jordan	Abstract Full Text
Fiscal Pressures and the Privatization of Local Services Yolanda K. Kodrzycki	Abstract Full Text

Stay Connected

New England Economic Review Links

New England Economic Review Home

Research Review