Katharine Bradbury

photo of katharine bradbury
Senior Economist and Policy Advisor
Research Department
T: 617-973-3192
F: 617-973-3957
Katharine.Bradbury@bos.frb.org
 
 
Primary fields of research:
Income inequality, state-local public finance, labor economics, and the New England economy

Katharine Bradbury is a Senior Economist and Policy Advisor at the Federal Reserve Bank of Boston. Prior to joining the Bank in 1981, Bradbury worked as a research associate at the Brookings Institution in Washington, D.C. and at the Institute for Research on Poverty at the University of Wisconsin. Earlier, she served as a Peace Corps volunteer in the Mariana Islands.

Bradbury’s research focuses on income inequality and income mobility, labor force participation and other labor economics topics, state aid to local governments and other issues of state and local public finance, and the New England regional economy. In addition to her duties at the Federal Reserve, Bradbury is an editorial board member for Massachusetts Benchmarks and serves on the Local Aid Subcommittee of the Massachusetts Municipal Finance Task Force.

Bradbury earned her B.A. from Carleton College and her Ph.D. from the Massachusetts Institute of Technology.

  • Education
  • Work Experience
  • Publications
  • Public Service

Education

Ph.D., Massachusetts Institute of Technology, 1976

B.A., Carleton College, with distinction in economics, 1968

Work Experience

Federal Reserve Bank of Boston
Senior Economist and Policy Advisor, 2005-
Vice President and Economist, 1995-2004
Assistant Vice President and Economist, 1988-1995
Economist, 1981-1988
The Brookings Institution
Economic Studies Research Associate, 1978-1981
University of Wisconsin, Institute for Research on Poverty
Research Associate, 1975-1977
Massachusetts Institute of Technology, Department of Economics
Research Assistant, Urban Modeling Project, 1972-1975
Boston Urban Observatory, Municipal Finance Alternatives Project
Research Staff Member, 1972-1973
Peace Corps
Volunteer, Advisor to Mariana Islands District Community Action Agency, Saipan, Mariana Islands, Trust Territory of the Pacific Islands, 1968-1970
 

Publications

Refereed journal articles

"Designing State Aid Formulas," with Bo Zhao, Journal of Policy Analysis and Management 28(2): 278-295 (Spring 2009).

"Measuring Non-School Fiscal Disparitites among Municipalities," with Bo Zhao. National Tax Journal 62(1): 25-26 (March 2009).

“Property Tax Limits, Local Fiscal Behavior, and Property Values: Evidence from Massachusetts under Proposition 2½,” with Christopher J. Mayer and Karl E. Case. Journal of Public Economics 80(2): 287-311 (May 2001).

“The Postwar Evolution of New England Employment,” with Lynn E. Browne. Connection: New England’s Journal of Higher Education and Economic Development 9(4) (Winter 1995).

“City Taxes and Property Tax Bases,” with Helen F. Ladd. National Tax Journal 41(4) (December 1988).

“State Aid to Offset Fiscal Disparities Across Communities,” with Helen F. Ladd, Mark Perrault, Andrew Reschovsky, and John Yinger. National Tax Journal 37(2) (June 1984).

“Review of Raymond J. Struyk and Marc Bendick, Jr., eds., ‘Housing Vouchers for the Poor.’” Journal of Economic Literature 20: 637-638 (June 1982).

“Forty Theories of Urban Decline,” with Anthony Downs and Kenneth A. Small. Urban Affairs Papers 3(2): 13-20 (Spring 1981).

“Some Dynamics of Central City - Suburban Interactions,” with Anthony Downs and Kenneth A. Small. American Economic Review 70(2): 410-414 (May 1980).

“Public Assistance, Female Headship, and Economic Well-Being,” with Sheldon Danziger, Eugene Smolensky, and Paul Smolensky. Journal of Marriage and the Family 41(3): 519-535 (August 1979).

“Income Maintenance Alternatives and Family Composition: An Analysis of Price Effects.” Journal of Human Resources 13(3): 305-331 (Summer 1978).

“Shifting Local Services to the State: Boston,” with Philip I. Moss and Joseph S. Slavet. National Tax Journal 29(1): 97-107 (March 1976).

Other journal articles

Women’s Rise- A Work in Progress: Are Professional Women Opting Out? Recent Evidence on College-Educated Women's Labor Force Participation,” with Jane Katz. Regional Review 14(3) (Quarter 1, 2005).

Are Lifetime Incomes Growing More Unequal? Looking at New Evidence on Family Income Mobility,” with Jane Katz. Regional Review 12(4) (Quarter 4, 2002).

Women's Labor Market Involvement and Family Income Mobility When Marriages End,” with Jane Katz. New England Economic Review (Fourth Quarter 2002).

Education and Wages in the 1980s and 1990s: Are All Groups Moving Up Together?New England Economic Review (First Quarter 2002).

How Much Do Expansions Reduce the Black-White Unemployment Gap?Regional Review 10(3) (Quarter 3, 2000).

Rising Tide in the Labor Market: To What Degree Do Expansions Benefit the Disadvantaged?New England Economic Review (May/June 2000).

Job Creation and Destruction in Massachusetts: Gross Flows Among Industries.” New England Economic Review (September/October 1999).

Chasing Good Schools in Massachusetts,” with Karl Case and Christopher Mayer. Regional Review 8(3) (Quarter 3, 1998).

School Quality and Massachusetts Enrollment Shifts in the Context of Tax Limitations,” with Karl E. Case and Christopher J. Mayer. New England Economic Review (July/August 1998).

The Effects of State and Local Public Policies on Economic Development: An Overview,” with Yolanda K. Kodrzycki and Robert Tannenwald. New England Economic Review (March/April 1997).

The Growing Inequality of Family Incomes: Changing Families and Changing Wages.” New England Economic Review (July/August 1996).

“Spatial and Labor Market Contributions to Earnings Inequality: An Overview,” with Yolanda K. Kodrzycki and Christopher J. Mayer. New England Economic Review (May/June 1996).

“Massachusetts’ Recent School Aid Reforms.” 1994 Proceedings of the 86th Annual Conference of the National Tax Association, 1995, pp. 37-41.

“New England Job Changes During the Recession: The Role of Self-Employment.” New England Economic Review (September/October 1994).

“The New England Recovery,” with Peggy Gilligan. The Journal of Commercial Lending 76(12) (August 1994).

“New England: The Regional Recovery,” with Peggy Gilligan. New England Banking Trends 2(2) (Spring 1994).

“School District Spending and State Aid: Why Disparities Persist.” New England Economic Review (January/February 1994).

“Perspective: On Jobs,” with Karl Case. Regional Review 3(4 )(Fall 1993). Reprinted in BusinessWest 10(8) (December 1993).

“Shifting Patterns of Regional Employment and Unemployment: A Note.” New England Economic Review (September/October 1993).

“Equity in School Finance: State Aid to Local Schools in New England.” New England Economic Review (March/April 1993).

“What Past Recoveries Say about the Outlook for New England,” with Yolanda K. Kodrzycki. New England Economic Review (September/October 1992).

“Can Local Governments Give Citizens What They Want? Referendum Outcomes in Massachusetts.” New England Economic Review (May/June 1991).

“Retrospective of the 1980s,” with others. New England Economic Indicators (August 1990).

“The Changing Fortunes of American Families in the 1980s.” New England Economic Review (July/August 1990).

“Geographic Patterns of Mortgage Lending in Boston, 1982-1987,” with Karl E. Case and Constance R. Dunham. New England Economic Review (September/October 1989).

“Shifting Property Tax Burdens in Massachusetts.” New England Economic Review (September/October 1988).

“New England Approaches the 1990s,” with Lynn E. Browne. New England Economic Review (January/February 1988).

“City Property Taxes: The Effects of Economic Change and Competitive Pressures,” with Helen F. Ladd. New England Economic Review (July/August 1987).

“The Shrinking Middle Class.” New England Economic Review (September/October 1986).

“Black Men in the Labor Market,” with Lynn E. Browne. New England Economic Review (March/April 1986).

“Changes in the Fiscal Capacity of U.S. Cities, 1970-1982,” with Helen F. Ladd. 1984 Proceedings of the 77th Annual Conference of the National Tax Association - Tax Institute of America, 1985, pp. 205-217.

“Prospects for Growth in New England: The Labor Force.” New England Economic Review (September/October 1985).

“Changes in the Revenue-Raising Capacity of U.S. Cities, 1970-1982,” with Helen F. Ladd. New England Economic Review (March/April 1985).

“Labor Market Conditions: Outlook for New England,” with Lynn E. Browne. New England Economic Indicators (November 1984).

“Urban Decline and Distress: An Update.” New England Economic Review (July/August 1984).

“Making Ends Meet: Boston’s Budget in the 1980s,” with John Yinger. New England Economic Review (March/April 1984).

“State Aid Distribution Formulas: The Need for More Equalization,” with Helen F. Ladd, Mark Perrault, Andrew Reschovsky, and John Yinger. Impact: 2½ Newsletter 58 (September 15, 1983).

“Revenues and Expenditures in New England’s Largest Cities and Towns.” New England Economic Review (July/August 1983).

“Structural Fiscal Distress in Cities - Causes and Consequences.” New England Economic Review (January/February 1983).

“Municipal Fiscal Distress.” New England Economic Indicators(January 1983).

“Fiscal Distress in Large U.S. Cities.” New England Economic Review (November/December 1982).

“Proposition 2½: Initial Impacts, Parts I and II,” with Helen F. Ladd and Claire Christopherson. New England Economic Review (January/February 1982) and (March/April 1982).

“First-Year Impacts of Proposition 2½.” New England Economic Indicators (February 1982).

Books and book chapters

"Unemployment Measurement" in The New Palgrave Dictionary of Economics, 2nd edition, Steven N. Durlauf and Lawrence E. Blume, ed., Basingstroke and New York: Palgrave Macmillan, 2008.

"Are Lifetime Incomes Growing More Unequal? Looking at New Evidence on Family Income Mobililty," with Jane Katz, in The Inequality Reader: Contemporary and Foundational Readings in Race, Class, and Gender, David B. Grusky and Szonja Szelenyi, eds. Boulder, CO: Westview Press, 2007. Reprinted from “Are Lifetime Incomes Growing More Unequal? Looking at New Evidence on Family Income Mobility,” with Jane Katz. Regional Review 12(4) (Quarter 4, 2002).

“Discussion of School Finance Papers by Downes, Sonstelie, and Stiefel, Rubenstein, & Schwartz,” in Education Finance and Organizational Structure in New York State Schools. 2004 Symposium Proceedings, Education Finance Research Consortium at University at Albany, SUNY. pp. 91-97.

“Discussion of Eric A. Hanushek, ‘Non-Labor-Supply Responses to the Income Maintenance Experiments,’”in Lessons from the Income Maintenance Experiments. Proceedings from the Federal Reserve Bank of Boston Conference Series no. 30, 1987.

Energy Costs, Urban Development, and Housing, edited with Anthony Downs. Washington, DC: The Brookings Institution, 1984.

“The Initial Impacts on State and Local Finances,” with Helen F. Ladd and Claire Christopherson, in Proposition 2½: Its Impact on Massachusetts, Lawrence E. Susskind, ed., Cambridge, MA: Oelgeschlager, Gunn & Hain, 1983.

“Central City Decline: The Case for Attacking the Symptoms,” with Kenneth A. Small, in Research in Urban Economics, Volume 3, J. Vernon Henderson, ed. Greenwich Place, CT: JAI Press, Inc., 1983.

Urban Decline and the Future of American Cities, with Anthony Downs and Kenneth A. Small. Washington, DC: The Brookings Institution, 1982.

Do Housing Allowances Work? edited with Anthony Downs. Washington, DC: The Brookings Institution, 1981.

Futures for a Declining City: Simulations for the Cleveland Area, with Anthony Downs and Kenneth A. Small. New York: Academic Press, 1981.

“Simultaneous Estimation of the Supply and Demand for Housing Location in a Multi-zoned Metropolitan Area,” with Robert Engle, Owen Irvine, and Jerome Rothenberg, in Residential Location and Urban Housing Markets, Gregory K. Ingram, ed. Cambridge, MA: Ballinger Publishing Company for the National Bureau of Economic Research, 1977.

Financing State-Local Services: A New Strategy for Greater Equity, with Joseph S. Slavet and Philip I. Moss. Lexington, MA: D.C. Heath and Company (Lexington Books), 1975.

Working papers and other unpublished papers

"Do Foreclosures Affect Boston Public School Student Academic Performance?", with Mary A. Burke and Robert K. Triest. FRB Boston Public Policy Brief Series, brief no. 13-5 (2013).

"The Effect of Foreclosure on Boston Public School Student Academic Performance", with Mary A. Burke and Robert K. Triest. FRB Boston Working Papers Series, paper no. 13-12 (2013).

"Long-Term Inequality and Mobility." FRB Boston Public Policy Brief Series, brief no. 12-1 (2012).

"Trends in the U.S. Family Income Mobility, 1969 - 2006". FRB Boston Working Papers Series, paper no. 11-10 (2011).

"State Government Budgets and the Recovery Act". FRB Boston Public Policy Brief Series, brief no. 10-1 (2010).

"Trends in U.S. Family Income Mobility, 1967-2004", with Jane Katz, FRB Boston Working Papers Series, paper no. 09-7 (2009).

"The Responsiveness of Married Women's Labor Force Participation to Income and Wages: Recent Changes and Possible Explanations," with Jane Katz. FRB Boston Working Papers Series, paper no. 08-7 (2008).

"Designing State Aid Formulas: The Case of a New Formula for Distributing Municipal Aid in Massachusetts," with Bo Zhao. FRB Boston Working Papers Series, paper no. 08-1 (2008).

"Measuring Non-School Fiscal Imbalances of New England Municipalities," with Bo Zhao, New England Public Policy Center Policy Brief Series no. 07-6. Federal Reserve Bank of Boston, 2007.

Massachusetts Employment Growth 1996-2006: Effects of Industry Performance and Industry Composition,” with Yolanda K. Kodrzycki. FRB Boston Public Policy Briefs Series, brief no. 07-1 (2007).

Measuring Disparities in Non-School Costs and Revenue Capacity among Massachusetts Cities and Towns,” with Bo Zhao. FRB Boston Working Papers Series, paper no. 06-19 (2006).

Measurement of Unemployment .” FRB Boston Public Policy Briefs Series, brief no. 06-2 (2006).

Additional Slack in the Economy: The Poor Recovery in Labor Force Participation During This Business Cycle.” FRB Boston Public Policy Briefs Series, brief no. 05-2 (2005).

Regional Differences in the Impact of Energy Price Increases.” FRB Boston Public Policy Briefs Series, no. 05-1 (2005).

Wives’ Work and Family Income Mobility,” with Jane Katz. FRB Boston Public Policy Discussion Papers Working Papers Series, paper no. 04-3

Other material

"U.S. Family Income Mobility and Inequality, 1994 to 2004." Interactive graphic and summary analysis (pdf). Federal Reserve Bank of Boston. 2008.

“Direct and Indirect Local Aid,” with Lynn E. Browne, in Alicia H. Munnell and Lynn E. Browne, Massachusetts in the 1990s: The Role of State Government. FRB Boston Research Report no. 72. (November 1990).

Public Service

Public Service (last 10 years)

Massachusetts Benchmarks
Editorial Board Member, 1997-
Communities & Banking (a publication of the Federal Reserve Bank of Boston)
Editorial Board Member 2005-
Federal Reserve System Committee on Regional Analysis
Member 2000-
Chair 2003-2006
Presenter, International Seminar on Measuring Fiscal Health of Cities, organized by the World Bank Institute and National Institute of Public Finance and Policy (India), Washington, D.C.
2008
Municipal Finance Task Force
Member 2004-2007
Local Aid Subcommittee, Member, 2006-2007
Massachusetts Governor's Economic Development Council
Member, 2000
Workforce Development Committee, Member 2000
Mass Insight Education Reform Leadership Group
Advisor, 1995-2000
Initiative for a Competitive Inner City
Advisory Board for Study of Leveraging Government Resources, Member, 1997-1998
New England Economic Project
Chair of Forecast Management Committee, 1988-1992
Quality Review Committee, Member, 1988-2001
The Finance Project, Working Group on Strategies for Financing Education and Other Children’s Services
Member, 1995-1997
National Tax Association, Intergovernmental Fiscal Relations Committee
Member, 1994-1998

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