New England Economic Review

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

Articles from March

Consumption Risk-Sharing across G-7 Countries
An intensely debated issue in international economics concerns the extent to which investors exploit the gains from international trade in financial assets. Economic theory has long recognized the potential benefits of open capital markets. International...
Depositor Discipline at Failing Banks
Uninsured depositors, whose deposits are not fully protected by federal deposit insurance, have an incentive to monitor banks' activities and impose additional funding costs on risky banks. This pricing is a form of market discipline, since the market...
The Role of Firms in Job Creation and Destruction in U.S. Manufacturing
At least since the deep recession of 1981-82, changes in corporate organizational structure have been viewed as a primary cause of employment adjustment. The popular notion of corporate downsizing is a leading--albeit somewhat misleading--example,...