New England Economic Review - 1996 Issues
This section provides links to abstracts of articles appearing in 1996 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
| Technology
and Growth: An Overview Jeffrey C. Fuhrer and Jane Sneddon Little | Abstract |
| Unilateral
International Transfers: Unrequited and Generally
Unheeded Norman S. Fieleke | Abstract |
| Regional
Housing Supply and Credit Constraints Christopher J. Mayer and C. Tsuriel Somerville | Abstract |
September/October
| Value
at Risk - New Approaches to Risk Management Katerina Simons | Abstract |
| The
Saving Mystery, or Where Did the Money Go? Lynn Elaine Browne with Joshua Gleason | Abstract |
| Do
Municipal Bond Yields Forecast Tax Policy? Peter Fortune | Abstract |
| The
Use of Capital Ratios to Trigger Intervention in
Problem Banks: Too Little, Too Late Joe Peek and Eric S. Rosengren | Abstract |
July/August
| Laid-Off
Workers in a Time of Structural Change Yolanda K. Kodrzycki | Abstract |
| Risk
and the Capital of Insurance Companies Richard W. Kopcke | Abstract |
| Can
Demand Elasticities Explain Sticky Credit Card Rates? Joanna Stavins | Abstract |
| The
Growing Inequality of Family Incomes: Changing Families
and Changing Wages Katharine L. Bradbury | Abstract |
May/June
| Earnings
Inequality: Proceedings of a Symposium
Although the increase in earnings inequality in the 1980s and 1990s has been well documented, its causes are still being studied and debated. Some explanations revolve around changes in job skills, job requirements, and labor market institutions. Other explanations focus on the deteriorating quality of many urban neighborhoods and the increasing economic isolation of their residents. A symposium at the Federal Reserve Bank of Boston on November 17, 1995, brought together experts from labor and urban economics to address the extent to which changes in labor markets and location have contributed to rising inequality. Participants also discussed the effectiveness of policies that may help overcome the problem. |
|
| Spatial
and Labor Market Contributions to Earnings Inequality:
An Overview Katharine L. Bradbury, Yolanda K. Kodrzycki, and Christopher J. Mayer | Full Text  |
| Summary
of Issues and Current Knowledge The papers in this session summarize recent research on how labor markets and location contribute to earnings inequality, in order to provide a context for the papers to follow. |
|
| Labor Markets and
Earnings Inequality: A Status Report Yolanda K. Kodrzycki | Full Text |
| Does Location Matter? Christopher J. Mayer | Full Text |
|
The
Role of Neighborhood and Job Location in Employment/
Hiring and Earnings How important are neighborhood externalities, physical access to jobs, race, and the concentration of poverty in explaining the severe problems in many urban neighborhoods? What is the relative importance of each of these factors? What policies might help? |
|
| Spatial Effects
upon Employment Outcomes: The Case of New Jersey
Teenagers Katherine M. O'Regan and John M. Quigley Discussion : Edward L. Glaeser | Full Text |
| Spatial Factors
and the Employment of Blacks at the Firm Level Harry J. Holzer and Keith R. Ihlanfeldt Discussion: James E. Rosenbaum | Full Text |
| The
Role of Schools and the Changing Quality of Labor
in Earnings Inequality To what extent do students have equal access to educational opportunity? Are their educational choices responsive to the relative earnings for different types of jobs? Is inequality likely to increase or decrease in the future, given the current system of primary, secondary, and higher education? |
|
| Equality of Educational
Opportunity Revisited John F. Kain and Kraig Singleton Discussion: Eric A. Hanushek | Full Text |
| Is the Market for
College Graduates Headed for a Bust? Demand and
Supply Responses to Rising College Wage Premiums
John H. Bishop Discussion: Richard J. Murnane | Full Text |
| The
Role of Organizational Change and Labor Market Institutions
in Earnings Inequality What are the characteristics of technology or work organization that are contributing to changes in skill requirements and relative earnings? To what extent has the decline of institutions such as collective bargaining and the minimum wage contributed to rising inequality? What scope is there for the United States to develop institutions and work environments to reduce inequality? |
|
| Technology and Skill
Requirements: Implications for Establishment Wage
Structures Peter Cappelli Discussion: John Bound | Full Text |
| Labor Market Institutions
and Earnings Inequality Richard B. Freeman Discussion: Peter Gottschalk | Full Text |
| Panel
Discussion on Policy Implications What have we learned from the papers presented at this Symposium? What are the implications of rising earnings inequality for economic growth? What are the appropriate roles (if any) of employers and federal, state, and local governments in addressing the problems posed by earnings inequality? To what extent are small-scale socioeconomic experiments generalizable? How urgent is the problem and what are the prospects for action? Anita A. Summers, Moderator; Ann B. Schnare, Frank Levy, and Lawrence F. Katz | Full Text |
March/April
| How
Do Changes in Military Spending Affect the Economy?
Evidence from State-Level Data Mark A. Hooker | Abstract |
| Anomalies
in Option Pricing: The Black-Scholes Model Revisited Peter Fortune | Abstract |
| International
Capital Movements: How Shocking Are They? Norman S. Fieleke | Abstract |
January/February
| U.S. Regional
Trade with Canada during the Transition to Free
Trade Jane Sneddon Little | Abstract |
| State Business
Tax Climate: How Should It Be Measured and How Important
Is It? Robert Tannenwald |
Abstract |
| CEO Incentive
Contracts, Monitoring Costs, and Corporate Performance Stacey Tevlin | Abstract |
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