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Leaving Money on the Table: The 106 Pension Funds of Massachusetts

Author: Ken Ardon The focus of this paper is the choice that local retirement boards have of managing their own investors or investing all or a portion of their assets in PRIT. Most local boards choose to retain control of their investments. In 2004, 55 out of the 104 local systems invested entirely on their own, 29 had some assets invested in PRIT or the PRIT seg- mentation program, and only 20 invested entirely with PRIT. Leaving Money on the Table: The 106 Pension Funds of Massachusetts

Long-Term Leasing of State Skating Rinks: A Competitive Contracting Success Story

Author: Susan Frechette This paper looks at the success of competitive contracting in addressing long-term cap- ital needs, reducing operating costs, and expanding access to state-owned skating rinks since the 1990s. It argues that the lessons learned from the experience can be applied notonly to other assets in recreation portfolio that are suffering from budget cuts and neglect, but also to many other services and activities that the Commonwealth has been performing directly. Long-Term Leasing of State Skating Rinks: A Competitive Contracting Success Story

Long-Term Leasing of State-Owned Skating Rinks: A Competitive Contracting Success Story

Author: Susan Frechette This paper looks at the success of competitive contracting in addressing long-term cap- ital needs, reducing operating costs, and expanding access to state-owned skating rinks since the 1990s. It argues that the lessons learned from the experience can be applied notonly to other assets in recreation portfolio that are suffering from budget cuts and neglect, but also to many other services and activities that the Commonwealth has been performing directly. Long-Term Leasing of State Skating Rinks: A Competitive Contracting Success Story

Regulation and the Rise of Housing Prices in Greater Boston: A study based on new data from 187 communities in eastern Massachusetts

This paper is part of the Initiative on Local Housing Regulation, a joint effort of the Pioneer Institute for Public Policy Research and Harvard University’s Rappaport Institute for Greater Boston. As part of this initiative, researchers at the Pioneer Institute and the Rappaport Institute have assembled and coded a database on zoning codes, subdivision requirements, and enviormental regulations that as of 2004 governed land use in 187 communities in eastern and central Massachusetts. The searchabl database is available at www.pioneerinst.wpengine.com/municipalregs/. The site also housing summary reports, analyses of the data, and a downloadable version in formats that can be used for economic analyses. In coming months, Pioneer Institute and the Rappaport Institute will also be issuing papers and policy briefs, […]

Residential Land-Use Regulation in Eastern Massachusetts: A Study of 187 Communities

Local housing regulations concerning zoning, road design and installation, and the environment play a fundamental role in housing development in Massachusetts. National studies have indicated that in some regions of the country, including Massachusetts, municipalities have used regulations to restrict the supply of housing, thus driving up prices. Since as far back as 1969, when Massachusetts policymakers passed Chapter 40B, the “Anti-Snob Zoning Ac,” policymakers have been concerned that municipal zoning does not allow the market to meet the range of housing needs, particularly for low-income households. More recently, “smart growth” advocates have argued that local regulations favorted low-desnsity residential development are causing the loss of forest and agricultural land in ecologically sensitive areas in Massachusetts. Yet, despite the persistence […]