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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. 09-13
“Financial Leverage, Corporate Investment, and Stock Returns”
by Ali K. Ozdagli
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No. 09-12
“Housing and Debt Over the Life Cycle and Over the Business Cycle”
by Matteo Iacoviello and Marina Pavan |
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No. 09-11
“Social and Private Learning with Endogenous Decision Timing”
by Julian Jamison, David Owens, and Glenn Woroch |
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No. 09-10
“Estimating the Border Effect: Some New Evidence”
by Gita Gopinath, Pierre-Olivier Gourinchas, Chang-Tai Hsieh, and Nicholas Li |
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No. 09-9
“Efficient Organization of Production: Nested versus Horizontal Outsourcing”
by Oz Shy and Rune Stenbacka |
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No. 09-8
“Real Estate Brokers and Commission: Theory and Calibrations”
by Oz Shy |
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No. 09-7
Trends in U.S. Family Income Mobility, 1967–2004
by Katharine Bradbury and Jane Katz |
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No. 09-6
The Optimal Level of Deposit Insurance Coverage
by Michael Manz |
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No. 09-5
Geographic Variations in a Model of Physician Treatment Choice with Social Interactions
by Mary A. Burke, Gary M. Fournier, and Kislaya Prasad |
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No. 09-4
Empirical Estimates of Changing Inflation Dynamics
by Jeff Fuhrer, Giovanni Olivei, and Geoffrey M. B. Tootell |
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No. 09-3
Has Overweight Become the New Normal?
Evidence of a Generational Shift in Body Weight
Norms
by Mary A.
Burke, Frank Heiland, and Carl
Nadler |
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No. 09-2 Another
Hidden Cost of Incentives: The Detrimental Effect
on Norm Enforcement
by Andreas Fuster and Stephan Meier
A subsequent version of this paper is forthcoming in Management Science. |
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No. 09-1
Why
Are (Some) Consumers (Finally) Writing Fewer Checks?
The Role of Payment Characteristics
by Scott Schuh
and Joanna Stavins
A subsequent version of this paper is forthcoming in the Journal of Banking and Finance.
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No. 08-8
Race, Obesity, and the Puzzle of Gender Specificity
by Mary A.
Burke and Frank Heiland |
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No. 08-7
The Responsiveness of Married Women's Labor
Force Participation to Income and Wages: Recent
Changes and Possible Explanations
by Katharine
Bradbury and Jane Katz |
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No. 08-6
The Impact of Immigration on Occupational
Wages: Evidence from Britain
by Stephen Nickell and Jumana Saleheen |
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No. 08-5 Classroom
Peer Effects and Student Achievement
by Mary
A. Burke and Tim R. Sass |
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No. 08-4 The
Value of Risk: Measuring the Service Output of U.S.
Commercial Banks
by Susanto Basu, Robert Inklaar, and J.
Christina Wang |
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No. 08-3 Blood
Donations and Incentives: Evidence from a Field
Experiment
by Lorenz
Goette and Alois Stutzer |
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No. 08-2
Credit Card Debt and Payment Use
by Charles Sprenger and Joanna
Stavins |
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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
A subsequent version of this paper is available
in the spring 2009 issue of the Journal of
Policy Analysis and Management, vol. 28,
no. 2, pp. 278-295. |
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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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