New England Economic Review

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

Articles from March-April

The Costs of Defense-Related Layoffs in New England
Since the late 1980s, declines in defense spending have resulted in dramatic employment reductions in defense-related sectors. The costs to New England have been disproportionate, for several reasons. New England industries are relatively more dependent...
The Housing Cycle in Eastern Massachusetts: Variations among Cities and Towns
Numerous studies over the years have attempted to identify the impact of amenities on housing price levels within specific metropolitan areas. It is well known, for example, that local public goods, tax burdens, school quality, crime rates, and the...
The Lowell High-Tech Success Story: What Went Wrong?
Ten years ago Lowell, Massachusetts was a high-tech success story. After several decades of stagnation, the Lowell area had emerged as a thriving center for high-technology employment. The Lowell story was viewed as a "model for reindustrialization"...
The Phillips Curve Is Alive and Well
The Federal Reserve Bank of Boston's 1978 economic conference was entitled "After the Phillips Curve." Many of the papers in the conference volume sounded the death knell of the Phillips curve, citing its dismal performance in the face of oil shocks...