
Alicia Sasser Modestino is a Senior Economist in the New England Public Policy Center at the Federal Reserve Bank of Boston. Prior to joining the Bank, Modestino worked as an economist in the private sector and taught economics at Mount Holyoke College.
Her current research focuses on the labor force, migration, housing affordability, and expansions in health insurance coverage. Alicia's work has appeared in journals such as Regional Science & Urban Economics, Journal of Human Resources,and Health Affairs and has been presented at annual meetings of the American Economic Association, the Association of Public Policy Analysis and Management, and the National Tax Association.
Modestino earned both a master’s degree and a Ph.D. in Economics from Harvard University where she also served as a doctoral fellow in the Inequality and Social Policy Program at the Kennedy School of Government.
Refereed journal articles
“Voting with Their Feet? Local economic conditions and state migration patterns,” Regional Science and Urban Economics, vol. 40, issue 2-3, pp. 122-135 (2010).
“The Future of the Skilled Labor Force.” The New England Journal of Higher Education, vol. XXIII, No. 3 (2009).
The Value Of Antihypertensive Drugs: A Perspective On Medical Innovation,” with David M. Cutler, Genia Long, Ernst R. Berndt, Jimmy Royer, Andrée-Anne Fournier, and Pierre Cremieux. Health Affairs. vol. 26, no. 1 (2007): 97-110.
“Gender Differences in Physician Pay: Tradeoffs Between Career and Family.” Journal of Human Resources. vol. 40, no. 2 (2005).
“Assessing the Economic Impact of Chronic Conditions in Post-Menopausal Women,” with Maida Taylor, Howard Birnbaum, Michael Schoenfeld, Emily Oster, and Matthew Rousculp. Expert Opinion on Pharmacotherapy. vol. 6, no. 11 (September 2005): 1803-1814.
“Economic Burden of Osteoporosis, Breast Cancer, and Cardiovascular Disease Among Postmenopausal Women in an Employed Population,” with Matthew Rousculp, Howard Birnbaum, Emily Oster, Edward Lufkin, and David Mallet. Women’s Health Issues. vol. 15, no. 3 (2005): 97-108.
Working papers and other unpublished papers
“The Impact of the Vaccines for Children Program on Rates of Childhood Immunization.” with Howard Birnbaum, Andree-Anne Fournier, Genia Long, Louis Rossiter, and Jimmy Royer. Submitted to Health Affairs.
“The Impact of Antihypertensive Drugs on the Number and Risk of Death, Stroke and Myocardial Infarction in the United States,” with Genia Long, David Cutler, Ernst R. Berndt, Jimmy Royer, Andrée-Anne Fournier, Pierre Cremieux. NBER Working Paper w12096: March 2006.
“The Impact of Managed Care on the Gender Earnings Gap Among Physicians.” Revise and Resubmit, Industrial Labor & Relations Review, 2005.
Federal Reserve Bank of Boston publications
“Mismatch in the Labor Market: Measuring the Supply of and Demand for Skilled Labor in New England.” New England Public Policy Center Series, Research Report No. 10-2 (2010).
"Voting with their Feet? Local Economic Conditions and Migration Trends in New England", New England Public Policy Center, Working Paper no. 09-1, (2009).
“The Supply of Recent College Graduates in New England.” Federal Reserve Bank of Boston, 2008 Annual Report, (2009).
“Retention of Recent College Graduates in New England.” New England Public Policy Center Series, Policy Brief No. 09-2 (2009).
“The Supply of Recent College Graduates in New England.” New England Public Policy Center Series, Policy Brief No. 09-1 (2009).
“The Future of Skilled Labor: New England’s Supply of Recent College Graduates.” New England Economic Indicators, (January 2009).
“The Future of the Skilled Labor Force in New England: The Supply of Recent College Graduates.” New England Public Policy Center Series, Research Report No. 08-1 (2008).
“Reaching the Goal: Expanding Health Insurance Coverage in New England
Current Strategies and New Initiatives.” New England Public Policy Center Series, Research Report No. 07-1 (2007).“Crowded out of the Housing Market.” with Darcy Rollins Saas. New England Public Policy Center Series, Policy Brief No. 07-2 (2007).
“The New England Rental Market.” New England Public Policy Center Series, Policy Brief No. 07-1 (2007).“The Lack of Affordable Housing in New England: How Big a Problem? Why Is It Growing? What Are We Doing About It?” with Bo Zhao and Darcy Rollins Saas (with an overview by Robert Tannenwald), New England Public Policy Center Series, Working Paper No. 06-1 (2006).
“The Potential Economic Impact of Increasing the Minimum Wage in Massachusetts.” New England Public Policy Center Series, Research Report No. 06-1 (2006).
“Perspective: On State Tax Policy,” with Robert Tannenwald. Regional Review. vol. 7, no. 1 (1997).
Popular articles and other material
"Mismatch in the Labor Market: The Supply and Demand for Middle-Skill Workers in New England." The New England Journal of Higher Education, (February 8, 2011)
“The Future of the Skilled Labor Force.” The New England Journal of Higher Education, vol. XXIII, No. 3 (2009).
“Regional Economy Shows Steady Growth, but Slower than the Nation’s.” Women’s Business Journal, (January 2007).
“New England Recovery Continues, But Economy to Grow Slower than the Nation.” Women’s Business Journal, (January 2006).
“The Impact of Welfare Reform on Children’s Health and Nutritional Status,” with Phil Gleason, Mathematica Policy Research, Research Report (May 2002).
“A Snapshot of the Implementation of California’s Mental Health Parity Law,” with Timothy Lake, Cheryl Young, and Brian Quinn. Mathematica Policy Research, Research Report (February 2002).
“The Role of Gender and Family in the Labor Market.” Doctoral dissertation. Cambridge, MA: Harvard University (2001).
"Economic Conditions in New England and the Nation." Presented at Real Estate Finance Assocation, Members Only Luncheon, January 2011.
"Mismatch in the Labor Market? Measuring the Supply and Demand for Skilled Labor in New England." Presented at Central Mass. Workforce Investment Board, January 2011.
“Mismatch in the Labor Market? Ensuring an Adequate Supply of Skilled Labor in New England.” Presented at the annual meetings of the Association of Public Policy & Management, November 2010.
“Mismatch in the Labor Market: Measuring the Supply and Demand for Skilled Labor.” Presented at the New England Public Policy Forum, November 2010.
“Regional Economic Update.” Presented to the New England Advisory Council, June 2010.
“Voting with Their Feet? Local economic conditions and state migration patterns.” Presented at the Federal Reserve System Conference on Microeconomics, May 2010.
“Overview of the Housing Market and Affordability Conditions.” Presented at “Understanding the Housing Collapse: What is to Blame and What Can be Done?” Sponsored by Harvard University's Rappaport Institute for Greater Boston, Taubman Center for State and Local Government, and the Federal Reserve Bank of Boston, May 2010.
“Overview of Housing and Labor Market Conditions.” Presented to the Boston Redevelopment Authority, February 2010.
“The Future of the Skilled Labor Force: Keeping a Long-Term Perspective in the Current Economy.” Presented to the New England Association of Schools and Colleges, December 3, 2009.
"The Supply of Recent College Graduates in Massachusetts." Presented to Malden Chamber of Commerce, September 24, 2009.
"The Future of the Skilled Labor Force: What is the Role for Public Policy?"
Presented to New England Association for Schools and Colleges, December 3, 2009
Briefing to UMass Amherst, January 8, 2009.
“Choosing Where to Live and Work After Graduation” Presented at the Greater Boston Chamber of Commerce/Federal Reserve Bank Intern Event, July 22, 2009.
“Overview of Regional Economic Conditions.” Presented to CoreNet. April 2009.
“The Future of the Skilled Labor Force in New England: The Supply of Recent College Graduates.” Presented to the New England Study Group, December 3, 2008.
“The Supply of Recent College Graduates.” Presented to the Federal Reserve System Committee on Regional Analysis, November 6, 2008.
“The Supply of Recent College Graduates in Massachusetts.” Presented to Mass Jobs, October 14, 2008 and Boston University, December 4, 2008.
“The Future of the Skilled Labor Force in New England: The Supply of Recent College Graduates.” Presented at the Greater Boston Chamber of Commerce/Federal Reserve Bank of Boston Breakfast Meeting, September 18, 2008.
"The Future of the Skilled Labor Force: What is the Role for Public Policy?"
Briefing to Board of Directors of the Federal Reserve Bank of Boston, May 13, 2008.
Briefing to Dan O'Connell, Massachusetts Secretary of Housing and Economic
Development, August 13, 2008.
Briefing to the New England Governors Council, December 3, 2008.
Remarks on “From New Paradigm to New Paradox: Understanding Greater Boston’s Housing Market Greater Boston Housing Report Card 2008.” Presented at The Boston Foundation Breakfast Meeting, October 28, 2008.
“Update on the New England Economy and Housing Market.” Presented at the New England Realtor's Conference, March 3, 2008.
Remarks on “Securitized Non-Prime Mortgages: What, Where, and to Whom?” Presented at “Housing and the Built Environment: Access, Finance, Policy. A Conference Honoring Professor Karl E. Case,” Lincoln Institute of Land Policy, December 8, 2007.
“Fiscal Challenges on the Horizon: Expanding Health Insurance Coverage in New England.” Keynote Address. Presented at the Fifth Annual New England Public Finance Conference, October 22, 2007.
“The Potential Economic Impact of Increasing the Minimum Wage.” Presented at the House of Representatives Continuing Education Session “The Livable Wage”, January 11, 2007.
“The Impact of Managed Care on the Gender Earnings Gap Among Physicians.” Presented at the American Economic Association Annual Meeting, January 6, 2007.
“Reaching the Goal: Evaluating Policy Alternatives for Expanding Coverage.” Presented at “Covering the Uninsured: Costs, Benefits, and Policy Alternatives for New England” New England Public Policy Center, Annual Conference, December 5, 2006.
“Extending Health Care Coverage in New England.” Presented at “State Efforts to Extend Health Care Coverage,” National Tax Association Meetings, November 16, 2006.
“Voting with Their Feet? High House Prices and Migration in New England.”
Presented to the Federal Reserve System Committee on Regional Analysis, November 2, 2006.
"The Lack of Affordable Housing in New England: How Big a Problem? Why Is It Growing? What Are We Doing About It?” Presented at "Housing and the Economy in Greater Boston: Trends, Impacts, and Potential Responses," Federal Reserve Bank of Boston, May 22, 2006.
“New England's Expensive Housing: Issues, Evidence, and Policies. ” with
Bo Zhao. Presented to Gordon College, February 23, 2006.
“Understanding Housing Affordability in New England. ” with
Bo Zhao. Presented to the New England Study Group, December 6, 2005.
“The State of Affordable Housing in Greater Boston.” Presented as part of the John Laware Leadership Forum series, November 2, 2005.
“Gender Differences in Physician Pay.” Presented at the American Economic Association Annual Meeting, January 5, 2003.
“The Impact of Managed Care on the Gender Earnings Gap Among Physicians.” Presented at the U.S. Bureau of Labor Statistics Seminar Series, December 2001.
Editorial Board Member, Communities & Banking, 2006-2007
Advisor, Federal Reserve System Economic Advisory Group, 2007-
Referee:
Economic Journal
Labour Economics
Eastern Economic Journal
American Journal of Public Health
Regional Science and Urban Economics
Health Affairs
Book reviewer:
Research in the Sociology of Work: Workforce Diversity. Edited by Corinne Post and Nancy DiTomaso, New York: Elsevier 2004.
Discussant:
Remarks on “Greater Boston Housing Report Card 2010: Taking Stock in an Uncertain Time.” Presented at The Boston Foundation Breakfast Meeting, October, 2010.
Remarks on “Characteristics of Prime versus Sub-prime Borrowers in New York City,” Presented at the Federal Reserve System Committee on Regional Economics, October 2009.
Remarks on “Greater Boston Housing Report Card 2009: Positioning Boston in a Post-Crisis World.” Presented at The Boston Foundation Breakfast Meeting, October, 2009.
Remarks on “Greater Boston Housing Report Card 2008: From New Paradigm to New Paradox: Understanding Greater Boston’s Housing Market.” Presented at The Boston Foundation Breakfast Meeting, October, 2008.
Remarks on “Securitized Non-Prime Mortgages: What, Where, and to Whom?” Presented at “Housing and the Built Environment: Access, Finance, Policy. A Conference Honoring Professor Karl E. Case,” Lincoln Institute of Land Policy, December, 2007.
Remarks on “Adoption of Medicare Managed Care Plans,” Presented at the Federal Reserve System Committee on Microeconomics, May 2007.