New England Economic Review

New England Economic Review is a magazine specializing in Economic topics.

Articles from July-August

Credit Card Borrowing, Delinquency, and Personal Bankruptcy
I. Background Credit cards have become a common form of payment. Average balances have increased and use of credit cards is more widespread across income groups (Yoo 1998). Figure 1 shows that outstanding credit card loans increased steeply during...
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The Role of Savings and Investment in Balancing the Current Account: Some Empirical Evidence from the United States
I. Savings, Investment, and the Current Account Simple national accounting identities help to shed light on the macroeconomic determinants of current account fluctuations. For this purpose, it is useful to start with the definition of a country's...
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