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Working Papers
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Working Papers present statistical or technical research conducted by Boston Fed economists and are intended for publication in professional journals. The intended audience is scholars and informed specialists.

Latest Working Papers

No. 08-1
“Designing State Aid Formulas: The Case of a New Formula for Distributing Municipal Aid in Massachusetts”
by Bo Zhao and Katharine Bradbury

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No. 07-16
“Input and Output Inventories in General Equilibrium”
by Matteo Iacoviello, Fabio Schiantarelli, and Scott Schuh
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No. 07-15
“Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures”
(Revised in May 2008)
by Kristopher Gerardi, Adam Shapiro, and Paul Willen
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No. 07-14
“The Effects of Expectations on Perception: Experimental Design Issues and Further Evidence”
by Tyler Williams

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No. 07-13
“Active Decisions and Pro-Social Behavior”
by Alois Stutzer, Lorenz Goette, and Michael Zehnder

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No. 07-12
“Social Networks and Vaccination Decisions”
by Neel Rao, Markus M. Möbius, and Tanya Rosenblat

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No. 07-11
“How Much Is a Friend Worth? Directed Altruism and Enforced Reciprocity in Social Networks”
by Stephen Leider, Markus M. Möbius, Tanya Rosenblat, and Quoc-Anh Do

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No. 07-10
“Space and Time in Macroeconomic Panel Data: Young Workers and State-Level Unemployment Revisited”
by Christopher L. Foote
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No. 07-9
“Doing Good or Doing Well? Image Motivation and Monetary Incentives in Behaving Prosocially”
by Dan Ariely, Anat Bracha, and Stephan Meier
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No. 07-8
“Population Aging, Labor Demand, and the Structure of Wages”
by Margarita Sapozhnikov and Robert K. Triest
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No. 07-7
“Does Competition Reduce Price Discrimination? New Evidence from the Airline Industry”
by Kris Gerardi and Adam Hale Shapiro
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No. 07-6
“How Strong is the Macroeconomic Case for Downward Real Wage Rigidity?”
by Steinar Holden and Fredrik Wulfsberg
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No. 07-5
“Minimally Altruistic Wages and Unemployment in a Matching Model”
by Julio J. Rotemberg
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No. 07-4
“Debt and the Effects of Fiscal Policy”
by Carlo Favero and Francesco Giavazzi
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No. 07-3
“Impatience and Credit Behavior: Evidence from a Field Experiment”
by Stephan Meier and Charles Sprenger
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No. 07-2
“Using Unexpected Recalls to Examine the Long-Term Earnings Effects of Job Displacement”
(Revised in August 2007)
by Yolanda K. Kodrzycki

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No. 07-1
“GARCH-Based Identification of Triangular Systems with an Application to the CAPM: Still Living with the Roll Critique”
(Revised in March 2007)
by Todd Prono
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earlier papers  

Abstracts are available online for nearly all Working Papers. Full text of most papers since 1991 are available in portable document format (PDF).

Working Papers not available online may be available in hard copy from the Bank’s Research Library:

Research Library – W
Federal Reserve Bank of Boston
600 Atlantic Avenue
Boston, MA 02210
phone: 617 973-3397
boston.library@bos.frb.org

For questions or feedback about the Working Papers series, please contact:

Suzanne Lorant
Economics Editor
suzanne.lorant@bos.frb.org

For questions or feedback about individual papers, please contact the author(s); contact information for authors appears with the papers and abstracts.

 
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