Table Of Content

Index—1991 Banking The Liberalization of International Trade and Public Finance and Taxation Are We Experiencing a Credit Crunch? Payments in Eastern Europe Can Local Governments Give Citizens What Richard F. Syron Norman S. Fieleke They Want? Referendum Outcomes in July/August 1991 p. 3 March/April 1991 p. 41 Massachusetts Cyclical Swing or Secular Slide? A Primer on the Arms Trade Katharine L. Bradbury Why Have New England's Banks Been Norman S. Fieleke May/June 1991 p. 3 Losing Money? November/December 1991 p. 47 Financing Capital Expenditures in Robert Tannenwald Massachusetts November/December 1991 p. 29 Alicia H. Munnell and Leah M. Cook Do Capital Markets Predict Problems in Macroeconomics March/April 1991 p. 52 Large Commercial Banks? Explaining the Postwar Pattern of Personal Massachusetts in the 1990s: The Role of Katerina Simons and Stephen Cross Saving State Government May/June 1991 p. 51 Alicia H. Munnell and Leah M. Cook Alicia H. Munnell and Lynn E. November/December 1991 p. 17 Browne How Fast Can We Grow? January/February 1991 p. 15 Employment and Earnings Stephen K. McNees Medicaid Changes in the Structure of Wages: January/February 1991 p. 3 Jane Sneddon Little A Regional Comparison The Influence of Housing and Durables January/February 1991 p. 27 Ramon Vilches on Personal Saving July/August 1991 p. 45 Richard W. Kopcke, Alicia H. Munnell, and Leah M. Cook Regional November/December 1991 p. 3 The Real Estate Cycle and the Economy: Finance Infrastructure and Regional Economic Consequences of the Massachusetts Boom The Municipal Bond Market, Part I: Performance: Comment of 1984-87 Politics, Taxes, and Yields Robert Eisner Karl E. Case Peter Fortune September/October 1991 p. 47 September/October 1991 p. 37 September/October 1991 p. 13 Is There a Shortfall in Public Capital The Role of Services in New England's Rise A Real, Affordable Mortgage Investment? An Overview and Fall: Engine of Growth or Along for Joe Peek and James A. Wilcox Alicia H. Munnell the Ride? January/February 1991 p. 51 May/June 1991 p. 23 Lynn E. Browne Stock Market Efficiency: An Autopsy? July/August 1991 p. 27 Peter Fortune “Whither New England?’ March/April 1991 p. 17 Monetary Theory and Policy Stephen K. McNees and Geoffrey Are District Presidents More Conservative M.B. Tootell than Board Governors? July/August 1991 p. 11 International Geoffrey M.B. Tootell Foreign Exchange Intervention as a Signal September/October 1991 p. 3 of Monetary Policy Regional Economic Conditions and the Michael W. Klein and Eric S. FOMC Votes of District Presidents Rosengren Geoffrey M.B. Tootell May/June 1991 p. 39 March/April 1991 p. 3 64 November/December 1991 New England Economic Review Index—1991 Banking The Liberalization of International Trade and Public Finance and Taxation Are We Experiencing a Credit Crunch? Payments in Eastern Europe Can Local Governments Give Citizens What Richard F. Syron Norman S. Fieleke They Want? Referendum Outcomes in July/August 1991 p. 3 March/April 1991 p. 41 Massachusetts Cyclical Swing or Secular Slide? A Primer on the Arms Trade Katharine L. Bradbury Why Have New England's Banks Been Norman S. Fieleke May/June 1991 p. 3 Losing Money? November/December 1991 p. 47 Financing Capital Expenditures in Robert Tannenwald Massachusetts November/December 1991 p. 29 Alicia H. Munnell and Leah M. Cook Do Capital Markets Predict Problems in Macroeconomics March/April 1991 p. 52 Large Commercial Banks? Explaining the Postwar Pattern of Personal Massachusetts in the 1990s: The Role of Katerina Simons and Stephen Cross Saving State Government May/June 1991 p. 51 Alicia H. Munnell and Leah M. Cook Alicia H. Munnell and Lynn E. November/December 1991 p. 17 Browne How Fast Can We Grow? January/February 1991 p. 15 Employment and Earnings Stephen K. McNees Medicaid Changes in the Structure of Wages: January/February 1991 p. 3 Jane Sneddon Little A Regional Comparison The Influence of Housing and Durables January/February 1991 p. 27 Ramon Vilches on Personal Saving July/August 1991 p. 45 Richard W. Kopcke, Alicia H. Munnell, and Leah M. Cook Regional November/December 1991 p. 3 The Real Estate Cycle and the Economy: Finance Infrastructure and Regional Economic Consequences of the Massachusetts Boom The Municipal Bond Market, Part I: Performance: Comment of 1984-87 Politics, Taxes, and Yields Robert Eisner Karl E. Case Peter Fortune September/October 1991 p. 47 September/October 1991 p. 37 September/October 1991 p. 13 Is There a Shortfall in Public Capital The Role of Services in New England's Rise A Real, Affordable Mortgage Investment? An Overview and Fall: Engine of Growth or Along for Joe Peek and James A. Wilcox Alicia H. Munnell the Ride? January/February 1991 p. 51 May/June 1991 p. 23 Lynn E. Browne Stock Market Efficiency: An Autopsy? July/August 1991 p. 27 Peter Fortune “Whither New England?’ March/April 1991 p. 17 Monetary Theory and Policy Stephen K. McNees and Geoffrey Are District Presidents More Conservative M.B. Tootell than Board Governors? July/August 1991 p. 11 International Geoffrey M.B. Tootell Foreign Exchange Intervention as a Signal September/October 1991 p. 3 of Monetary Policy Regional Economic Conditions and the Michael W. Klein and Eric S. FOMC Votes of District Presidents Rosengren Geoffrey M.B. Tootell May/June 1991 p. 39 March/April 1991 p. 3 64 November/December 1991 New England Economic Review