Remarks at Fordham Wall Street Council, Fordham University Graduate School of Business, New York City.

Remarks at the University at Buffalo, Buffalo, New York.

Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the New England Board of Higher Education's "New England Works" summit on bridging higher education and the workforce, Boston, Massachusetts, November 7, 2011

It has become almost hackneyed to suggest that we now live in a knowledgebased economy. Firms prosper and die based on their ability to add intellectual value to their products and services. Even in mature industries, such as manufacturing, the application of knowledge to enhance production...

We investigate whether the degree production and research and development (R&D) activities of colleges and universities are related to the amount and types of human capital present in the metropolitan areas where the institutions are located. We find that degree production has only a small...