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Working Papers

From Federal Reserve Bank of Boston
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21-3: Who Gets Medication-assisted Treatment for Opioid Use Disorder, and Does It Reduce Overdose Risk? Evidence from the Rhode Island All-payer Claims Database Downloads
Mary A. Burke, Katherine Carman, Riley Sullivan, Hefei Wen, James Frank Wharam and Hao Yu
21-2: The Roles of State Aid and Local Conditions in Elementary School Test-Score Gaps Downloads
Katharine Bradbury
21-1: How to Design a State Education Aid Formula That Is Equitable, Adequate, and Politically Feasible: The Case of Connecticut Downloads
Bo Zhao
20-20: A Fundamental Connection: Exchange Rates and Macroeconomic Expectations Downloads
Vania Stavrakeva and Jenny Tang
20-19: Do Lenders Still Discriminate? A Robust Approach for Assessing Differences in Menus Downloads
Paul S. Willen and David Hao Zhang
20-17: No Firm Is an Island? How Industry Conditions Shape Firms’ Expectations Downloads
Philippe Andrade, Olivier Coibion, Erwan Gautier and Yuriy Gorodnichenko
20-16: Consumption Heterogeneity by Occupation: Understanding the Impact of Occupation on Personal Consumption during the COVID-19 Pandemic Downloads
Christopher Cotton, Vaishali Garga and Justin Rohan
20-15: Household Inflation Expectations and Consumer Spending: Evidence from Panel Data Downloads
Mary A. Burke and Ali Ozdagli
20-14: Larceny in the Product Market: A Hidden Tax? Downloads
Osborne Jackson and Thu Tran
20-13: Distributional Effects of Payment Card Pricing and Merchant Cost Pass-through in the United States and Canada Downloads
Marie-Helene Felt, Fumiko Hayashi, Joanna Stavins and Angelika Welte
20-12: The Impact of Regulatory Stress Tests on Bank Lending and Its Macroeconomic Consequences Downloads
Falk Bräuning and Jose Fillat
20-11: Fiscal Expansions in the Era of Low Real Interest Rates Downloads
Vaishali Garga
20-10: Bargaining Power and Outside Options in the Interbank Lending Market Downloads
Puriya Abbassi, Falk Bräuning and Niels Schulze
20-9: Consumer Payment Choice for Bill Payments Downloads
Claire Greene and Joanna Stavins
20-8: Real Effects of Foreign Exchange Risk Migration: Evidence from Matched Firm-Bank Microdata Downloads
Puriya Abbassi and Falk Bräuning
20-7: Mortgage Prepayment, Race, and Monetary Policy Downloads
Kristopher Gerardi, Paul S. Willen and David Hao Zhang
20-6: Estimating the Cost Function of Connecticut Public K–12 Education: Implications for Inequity and Inadequacy in School Spending Downloads
Bo Zhao
20-5: Dynamic Sales Tax Competition: Evidence from Panel Data at the Border Downloads
Melissa Gentry, Nadia Greenhalgh-Stanley, Shawn Rohlin and Jeffrey Thompson
20-4: Wealth Distribution and Retirement Preparation among Early Savers Downloads
Alice Henriques Volz, Lindsay Jacobs, Elizabeth Llanes, Kevin B. Moore and Jeffrey Thompson
20-3: No Longer Qualified? Changes in the Supply and Demand for Skills within Occupations Downloads
Mary Burke and Alicia Modestino
20-2: The Inflation Target and the Equilibrium Real Rate Downloads
Christopher Cotton
20-1: Punishment and Crime: The Impact of Felony Conviction on Criminal Activity Downloads
Osborne Jackson
19-20: Recent Employment Growth in Cities, Suburbs, and Rural Communities Downloads
Benjamin Couillard and Christopher Foote
19-19: Output Hysteresis and Optimal Monetary Policy Downloads
Vaishali Garga and Sanjay Singh
19-18: The Optimal Inflation Target and the Natural Rate of Interest Downloads
Philippe Andrade, Jordi Galí, Hervé Le Bihan and Julien Matheron
19-17: Delphic and Odyssean Monetary Policy Shocks: Evidence from the Euro Area Downloads
Philippe Andrade and Filippo Ferroni
19-16: How Magic a Bullet Is Machine Learning for Credit Analysis? An Exploration with FinTech Lending Data Downloads
Charles B. Perkins and J. Christina Wang
19-15: Output Spillovers from U.S. Monetary Policy: The Role of International Trade and Financial Linkages Downloads
Falk Bräuning and Viacheslav Sheremirov
19-14: Inflation Thresholds and Inattention Downloads
Anat Bracha and Jenny Tang
19-13: Accounting for racial wealth disparities in the United States Downloads
Gustavo Suarez and Jeffrey Thompson
19-12: Tariff passthrough at the border and at the store: evidence from US trade policy Downloads
Alberto Cavallo, Gita Gopinath, Brent Neiman and Jenny Tang
19-11: Technological innovation in mortgage underwriting and the growth in credit, 1985–2015 Downloads
Christopher Foote, Lara Loewenstein and Paul S. Willen
19-10: Consumption, credit, and the missing young Downloads
Daniel Cooper, Olga Gorbachev and Maria Luengo-Prado
19-9: Trends in household portfolio composition Downloads
Jesse Bricker, Kevin B. Moore and Jeffrey Thompson
19-8: Does getting a mortgage affect credit card use? Downloads
Scott Fulford and Joanna Stavins
19-7: How does liquidity affect consumer payment choice? Downloads
Joanna Stavins
19-6: Measuring household wealth in the Panel Study of Income Dynamics: the role of retirement assets Downloads
Daniel Cooper, Karen E. Dynan and Hannah Rhodenhiser
19-5: The impact of migration on earnings inequality Downloads
Osborne Jackson
19-4: Estimating the marginal propensity to consume using the distributions of income, consumption and wealth Downloads
Jonathan Fisher, David Johnson, Timothy Smeeding and Jeffrey Thompson
19-3: Fiscal multipliers in advanced and developing countries: evidence from military spending Downloads
Viacheslav Sheremirov and Sandra Spirovska
19-2: State disinvestment in higher education: the impact on public research universities' patent applications Downloads
Bo Zhao
19-1: Family characteristics and macroeconomic factors in U. S. intragenerational family income mobility, 1978–2014 Downloads
Katharine Bradbury
18-12: The ups and downs of the gig economy, 2015–2017 Downloads
Anat Bracha and Mary Burke
18-11: What are the consequences of global banking for the international transmission of shocks?: a quantitative analysis Downloads
Jose Fillat, Stefania Garetto and Arthur V. Smith
18-10: The dollar during the global recession: US monetary policy and the exorbitant duty Downloads
Vania Stavrakeva and Jenny Tang
18-9: Intrinsic expectations persistence: evidence from professional and household survey expectations Downloads
Jeffrey Fuhrer
18-8: Should the Fed regularly evaluate its monetary policy framework? Downloads
Jeffrey Fuhrer, Giovanni Olivei, Eric Rosengren and Geoffrey Tootell
18-7: Credit card debt and consumer payment choice: what can we learn from credit bureau data? Downloads
Joanna Stavins
18-6: The pricing of FX forward contracts: micro evidence from banks’ dollar hedging Downloads
Puriya Abbassi and Falk Bräuning
18-5: The effects of changes in local-bank health on household consumption Downloads
Daniel Cooper and Joe Peek
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