Bo Zhao

Contact Information

Office address: Federal Reserve Bank of Boston, Research Department, 600 Atlantic Ave, T-10, Boston, MA 02210

Phone: 617-973-3061 (office), 617-619-8357 (fax)

Email: bozhao@gmail.com (personal), bo.zhao@bos.frb.org (office)

Personal homepage: https://sites.google.com/site/bozhao/

Business homepage: https://www.bostonfed.org/people/bank/bo-zhao.aspx

ORCID: http://orcid.org/0000-0002-2890-1850

Education

Ph.D. in Economics, The Maxwell School, Syracuse University, May 2005

Advisor: John Yinger

M.S. in Applied Statistics, Syracuse University, August 2002

Graduate student in Economics, Renmin University of China, 1997–1999

B.A. in Economics (with honor), Renmin University of China, 1997

Areas of Research Interests

Applied Microeconomics (Public Finance, Urban and Regional Economics, and Labor Economics)

Work Experience

Senior economist, Federal Reserve Bank of Boston, April 2008–present

Economist, Federal Reserve Bank of Boston, May 2005–March 2008

Research associate, Center for Policy Research, Syracuse University, August 2000–May 2005

Instructor (Introductory Microeconomics), Syracuse University, June–August 2003

Tutor, Stevenson Educational Center, Syracuse University, 2001

Teaching assistant, Department of Economics, Syracuse University, August 1999–May 2000

Professional Services

Editorial Board Member, Public Budgeting & Finance, 2019–present

Representative for the Federal Reserve Bank of Boston, Federal Reserve System Committee on Regional Analysis, 2021–present

Co-organizer, New England Study Group Seminar Series, Federal Reserve Bank of Boston, 2015–present

Editorial Board Member, Communities & Banking Magazine, Federal Reserve Bank of Boston, 2008–2009, 2015–2016

Guest Co-editor, Public Finance and Management, Symposium on Fiscal Disparity and Equalization, 2013–2014

Technical Advisor, Local Aid Task Force of the Massachusetts Executive Office of Administration and Finance, 2011–2012

Judge for the APPAM Poster Session Award, APPAM Fall Research Conference, 2008

Ph. D. Dissertation Committee Member (Ph. D. Student: Timothy F. Page), Department of Economics, University of New Hampshire, 2007–2008

Judge, College Fed Challenge Competition and High School Fed Challenge Competition, 2007–2009

Member and Research Staff, Municipal Aid Subcommittee of Massachusetts Municipal Finance Task Force, 2006–2007

Articles Published in Academic Journals

Zhao, Bo. 2018. "From Urban Core to Wealthy Towns: Nonschool Fiscal Disparities across Municipalities." Public Finance Review 46(3): 421–453.

Zhao, Bo, and David Coyne. 2017. "Walking a Tightrope: Are U.S. State and Local Governments on A Fiscally Sustainable Path?" Public Budgeting & Finance 37(3): 3–23. (Lead Article of the Issue)

Zhao, Bo. 2016. "Saving for a Rainy Day: Estimating the Needed Size of U.S. State Budget Stabilization Funds." Regional Science and Urban Economics 61: 130–152.

Zhao, Bo. 2015. “Municipal Aid Evaluation and Reform." Municipal Finance Journal 36(1): 27–50.

Zhao, Bo, and David Coyne. 2015. “A More Equitable Approach to Cutting Intergovernmental Aid." Public Finance Review 43(1): 32–52.

Wu, Yonghong, and Bo Zhao. 2014. "Introduction to Symposium on Fiscal Disparity and Equalization." Public Finance and Management 14(4): 371–373.

Zhao, Bo. 2011. "The Fiscal Impact of Local-option Taxes on Municipalities: The Case of Massachusetts." Municipal Finance Journal 31(4): 63–86.

Zhao, Bo, and Katharine Bradbury. 2009. “Designing State Aid Formulas.” Journal of Policy Analysis and Management 28(2): 278–295.

Bradbury, Katharine, and Bo Zhao. 2009. “Measuring Non-school Fiscal Disparities among Municipalities.” National Tax Journal 62(1): 25–56.

Blanchard, Lloyd A., Bo Zhao, and John Yinger. 2008. “Do Lenders Discriminate against Minority and Woman Entrepreneurs?Journal of Urban Economics 63(2): 467–497.

Zhao, Bo, Jan Ondrich, and John Yinger. 2006. “Why Do Real Estate Brokers Continue to Discriminate? Evidence from the 2000 Housing Discrimination Study.” Journal of Urban Economics 59(3): 394–419.

Zhao, Bo. 2005. “Does the Number of Houses a Broker Shows Depend on a Homeseeker’s Race?Journal of Urban Economics 57(1): 128–147.

Articles Published in Books, Newspapers, and Nonacademic Journals

Zhao, Bo, and Calvin Kuo. 2016. "Haves and Have-Nots: Municipal Fiscal Disparities in Connecticut." Communities & Banking (Spring): 28-31.

Zhao, Bo, and Jennifer Weiner. 2015. "Measuring Municipal Fiscal Disparities in Connecticut." In Ebel, Robert and Michael Bell eds., Connecticut Tax Panel Final Report Volume 2.

Kodrzycki, Yolanda K., and Bo Zhao. 2015. "Time for Massachusetts to Reform Obsolete, Unfair Local Aid Program." New Bedford Standard-Times. January 16.

Kodrzycki, Yolanda K., and Bo Zhao. 2013. "State Needs to Reform Local Aid Program." Boston Globe, The Podium section. May 21.

Zhao, Bo, and David Coyne. 2012. "Making Cuts in State Aid More Equitable." Communities & Banking (Spring): 24–26.

Zhao, Bo, and David Coyne. 2011. "Reforming Municipal Aid in Massachusetts." MassBenchmarks 13(2): 15–20.

Coyne, David, and Bo Zhao. 2011. "Making Municipal Aid Count: Mind the Gap!" Communities & Banking (Spring): 23–25.

Zhao, Bo. 2002. "Data Appendix." In Stephen L. Ross and John Yinger, The Color of Credit: Mortgage Discrimination, Research Methodology, and Fair-Lending Enforcement, pp. 387–388. Cambridge, MA: The MIT Press.

Zhao, Bo, Jan Ondrich, and John Yinger. “Why Do Real Estate Brokers Continue to Discriminate? Evidence from the 2000 Housing Discrimination Study.” In Why Housing Agents Discriminate: The Measurement, Causes, and Consequences of Housing Discrimination and Housing and Commuting: The Theory of Urban Residential Structure (ebooks by John Yinger).

Federal Reserve Bank of Boston Working Papers and Reports

Zhao, Bo. 2021."How to Design a State Education Aid Formula That Is Equitable, Adequate, and Politically Feasible: The Case of Connecticut." Federal Reserve Bank of Boston Research Department Working Paper No. 21-1.

Zhao, Bo. 2021. "Reforming Connecticut’s Education Aid Formula to Achieve Equity and Adequacy across School Districts." Federal Reserve Bank of Boston New England Public Policy Center Research Report No. 21-1.

Zhao, Bo. 2020. "Estimating the Cost Function of Connecticut Public K-12 Education: Implications for Inequity and Inadequacy in School Spending." Federal Reserve Bank of Boston Research Department Working Paper No. 20-6.

Zhao, Bo, and Nicholas Chiumenti. 2020. "Measuring Disparities in Cost and Spending across Connecticut School Districts." Federal Reserve Bank of Boston New England Public Policy Center Research Report No. 20-2.

Zhao, Bo. 2020. "Forecasting the New England States’ Tax Revenues in the Time of the COVID-19 Pandemic." Federal Reserve Bank of Boston Research Department Current Policy Perspectives No. 20-4.

Zhao, Bo. 2019. "State Disinvestment in Higher Education: The Impact on Public Research Universities' Patent Applications." Federal Reserve Bank of Boston Research Department Working Paper No. 19-2. (Also published as the Federal Reserve Bank of Minneapolis Opportunity and Inclusive Growth Institute System Working Paper 19-10.)

Zhao, Bo. 2019. "Consequences of State Disinvestment in Higher Education: Lessons for the New England States." Federal Reserve Bank of Boston New England Public Policy Center Research Report No. 19-1.

Zhao, Bo. 2018. "Disinvesting in the Future? A Comprehensive Examination of the Effects of State Appropriations for Public Higher Education." Federal Reserve Bank of Boston Research Department Working Paper No. 18-1.

Zhao, Bo, and Wen Wang. 2017 "Transparency in State Debt Disclosure." Federal Reserve Bank of Boston Research Department Working Paper No. 17-10.

Jackson, Osborne, Riley Sullivan, and Bo Zhao. 2017. "Reintegrating the Ex-offender Population in the U.S. Labor Market: Lessons from the CORI Reform in Massachusetts." Federal Reserve Bank of Boston New England Public Policy Center Research Report No. 17-1.

Jackson, Osborne, and Bo Zhao. 2016. "Does Changing Employers’ Access to Criminal Histories Affect Ex-offenders’ Recidivism? Evidence from the 2010–2012 Massachusetts CORI Reform." Federal Reserve Bank of Boston Research Department Working Paper No. 16-31.

Jackson, Osborne, and Bo Zhao. 2016. "The Effect of Changing Employers’ Access to Criminal Histories on Ex-offenders’ Labor Market Outcomes: Evidence from the 2010‒2012 Massachusetts CORI Reform." Federal Reserve Bank of Boston Research Department Working Paper No. 16-30. Made SSRN's Top Ten download list for: ERN: Other Macroeconomics: Employment, Income & Informal Economy (Topic) in May 2017.

Zhao, Bo. 2015. "From Urban Core to Wealthy Towns: Nonschool Fiscal Disparities across Connecticut Municipalities." Federal Reserve Bank of Boston Research Department Working Paper No. 15-14.

Kodrzycki, Yolanda K. and Bo Zhao. 2015. "Achieving Greater Fiscal Stability: Guidance for the New England States." Federal Reserve Bank of Boston New England Public Policy Center Research Report No. 15-2.

Zhao, Bo, and Jennifer Weiner. 2015. "Measuring Municipal Fiscal Disparities in Connecticut." Federal Reserve Bank of Boston New England Public Policy Center Research Report No. 15-1.

Zhao, Bo. 2014. "Saving for a Rainy Day: Estimating the Appropriate Size of U.S. State Budget Stabilization Funds." Federal Reserve Bank of Boston Research Department Working Paper No. 14-12.

Triest, Robert, and Bo Zhao. 2013. "The Role of Economic, Fiscal, and Financial Shocks in the Evolution of Public Sector Pension Funding." Federal Reserve Bank of Boston Research Department Working Paper No. 13-26.

Zhao, Bo, and David Coyne. 2013. "Walking a Tightrope: Are U.S. State and Local Governments on A Fiscally Sustainable Path?" Federal Reserve Bank of Boston Research Department Working Paper No. 13-18.

Zhao, Bo, and David Coyne. 2011. “A More Equitable Approach to Cutting State Aid." Federal Reserve Bank of Boston New England Public Policy Center Policy Brief No. 11-2.

Zhao, Bo, and David Coyne. 2011. “Designing Formulas for Distributing Reductions in State Aid." Federal Reserve Bank of Boston New England Public Policy Center Working Paper No. 11-2.

Zhao, Bo. 2011. “Municipal Aid Evaluation and Reform." Federal Reserve Bank of Boston New England Public Policy Center Working Paper No. 11-1.

Zhao, Bo, and David Coyne. 2010. "Reforming Municipal Aid in Massachusetts: The Case for A Gap-based Formula." Federal Reserve Bank of Boston New England Public Policy Center Policy Brief No. 10-2.

Zhao, Bo. 2010. "Does Springfield Receive Its Fair Share of Municipal Aid? Implications for Aid Formula Reform in Massachusetts." Federal Reserve Bank of Boston New England Public Policy Center Working Paper No. 10-4.

Zhao, Bo. 2010. “The Fiscal Impact of Potential Local-option Taxes in Massachusetts.” Federal Reserve Bank of Boston New England Public Policy Center Working Paper No. 10-2.

Zhao, Bo. 2009. “The Impact of Recent Credit Market Turmoil on New England State Housing Finance Agencies.” Federal Reserve Bank of Boston Public Memo Series.

Zhao, Bo, and Katharine Bradbury. 2008. “Designing State Aid Formulas: The Case of A New Formula for Distributing Municipal Aid in Massachusetts.” Federal Reserve Bank of Boston Research Department Working Paper No. 08-1.

Bradbury, Katharine and Bo Zhao. 2007. “Measuring Non-school Fiscal Imbalances of New England Municipalities.” Federal Reserve Bank of Boston New England Public Policy Center Policy Brief No. 07-6.

Bradbury, Katharine, and Bo Zhao. 2006. “Measuring Disparities in Non-school Costs and Revenue Capacity among Massachusetts Cities and Towns.” Federal Reserve Bank of Boston Research Department Working Paper No. 06-19 (revised May 2007).

Sasser, Alicia, Bo Zhao, and Darcy Saas. 2006. “The Lack of Affordable Housing in New England: How Big A Problem? Why Is It Growing? What Are We Doing about It?” Federal Reserve Bank of Boston New England Public Policy Center Working Paper No. 06-1.

Papers Being Revised for Re-submission or under the Initial Review

Zhao, Bo, and Wen Wang. "Salience and Political Economy of State Debt Reporting: Implications for Fiscal Transparency." Revise and Resubmit, Public Finance Review.

Zhao, Bo. "Estimating the Cost Function of Connecticut Public K-12 Education: Implications for Inequity and Inadequacy in School Spending." Revise and Resubmit, Education Economics.

Zhao, Bo. "How to Design a State Education Aid Formula That Is Equitable, Adequate, and Politically Feasible: The Case of Connecticut, USA." Under Review.

Zhao, Bo. "Opting in with the Joneses: What Affects the Timing of Municipal Adoption of a Local-option Meals Tax?" Under Review.

Referee

China Economic Review

Cityscape: A Journal of Policy Development and Research

Eastern Economic Journal

Economic Inquiry

Education Finance and Policy

Journal of Economics and Statistics

Journal of Housing Economics

Journal of Human Resources

Journal of Urban Affairs

Journal of Urban Economics

Municipal Finance Journal

National Tax Journal

Public Administration Review

Public Budgeting & Finance

Public Finance Review

Publius: The Journal of Federalism

Real Estate Economics

Regional Science and Urban Economics

Regional Studies

Scandinavian Journal of Economics

Sociological Inquiry

Sociological Quarterly

Southern Economic Journal

State and Local Government Review

Academic Conference Activities

As Presenter

Federal Reserve System Committee on Regional Analysis Annual Meetings, 2012, 2013, 2016, 2019, 2020

Association for Education and Finance Policy (AEFP) Annual Conference, 2018, 2020

Association for Budgeting and Financial Management (ABFM) Annual Conference, 2013–2015, 2017, 2019

National Tax Association (NTA) Annual Conference, 2006, 2007, 2012–2017

Association for Public Policy Analysis & Management (APPAM) Annual Fall Research Conference, 2008, 2011, 2012, 2014, 2016, 2017 (presented by coauthor)

Society of Labor Economics (SOLE) Annual Conference, 2017

Public Choice Society Annual Meetings, 2016

North American Meetings of the Regional Science Association International (NARSC), 2015

London School of Economics Asia Research Centre and Sun Yat-Sen University, A Conference on Financing Local Investments within a Sustainable Development Strategy for P. R. China, 2015 (presented by coauthor)

Southern Economic Association (SEA) Annual Conference, 2014

National Conference on Public Employee Retirement Systems and the Institute on Public Pension Solutions, Public Pension Funding Forum, 2014 (presented by coauthor)

Federal Reserve Bank of Cleveland, A Conference on Public Pension Underfunding: Closing the Gaps, 2013 (presented by coauthor)

Arizona State University, School of Public Affairs, Fiscal Sustainability Workshop, 2013

Federation of Tax Administrators (FTA) Revenue Estimation & Tax Research Conference, 2011, 2012

Federal Reserve System Applied Microeconomics Annual Conference, 2007, 2011

World Bank Institute and National Institute of Public Finance and Policy (India), International Seminar on Measuring Fiscal Health of Cities, 2008

As Discussant

NTA Annual Conference, 2006, 2008–2014, 2019, 2020

ABFM Annual Conference, 2013, 2014, 2016, 2019

APPAM Fall Research Conference, 2008, 2010, 2017

Public Choice Society Annual Meetings, 2016

North American Meetings of the Regional Science Association International (NARSC), 2015

ASSA Annual Conference, 2008, 2015

SEA Annual Conference, 2014

Federal Reserve System Applied Microeconomics Annual Conference, 2008

Federal Reserve System Regional Analysis Annual Conference, 2007

As Organizer or Chair

NTA Annual Conference, Session Organizer, 2014–2017

APPAM Annual Fall Research Conference, Session Organizer, 2016, 2017

APPAM Annual Fall Research Conference, Session Chair, 2017

NTA Annual Conference, Session Chair, 2008, 2015, 2016

ABFM Annual Conference, Session Chair, 2013, 2014, 2016

Federal Reserve Bank of Boston's Conference on "Financing Municipalities in New England: Revisiting the State-Local Relationship," Conference Organizer, 2007

Seminar Presentations

Federal Reserve Bank of Boston, 2005, 2007, 2009, 2012, 2014, 2016–2019

Clark University, 2016

FDIC, 2016

Suffolk University, Beacon Hill Institute, 2010

University of New Hampshire, 2009

Harvard University, Rappaport Institute for Greater Boston, 2007

Northern Illinois University, 2005

Federal Reserve Bank of Kansas City, 2005

Freddie Mac, 2005

Grand Valley State University, 2005

JP Morgan Chase, 2005

Alfred University, 2005

Testimonies, Briefings, and Public Talks

New England Advisory Council, 2010–2022 (scheduled)

Springfield Regional Development Corporation, Vermont, 2021 (scheduled)


North Central Massachusetts Chamber of Commerce's Economic Forecast Conference, 2021


New Hampshire Estate Planning Council, 2021


Vermont Bankers Association, 2021

Massachusetts Society of CPAs, 2021

Annual Regional & Community Bankers Conference, Federal Reserve Bank of Boston, 2020

Public Event for Releasing the Report "Measuring Disparities in Cost and Spending across Connecticut School Districts," 2020

Maine Consensus Economic Forecasting Commission, 2020

Lincoln Institute of Land Policy, Economic Perspectives on State and Local Taxes Seminar, 2011, 2015 (Jan. and Dec.), 2019

New Hampshire Senate and House Ways and Means and Finance Committees' Joint Economic and Fiscal Briefing, 2005, 2019

Massachusetts House and Senate Ways and Means Committees, Public Hearing on the State's Economy and Tax Revenue, 2018

Rhode Island Chapter of the American Council of Engineering Companies, 2018

Emerging Leaders in New England's Banking Industry, 2018

"Measuring Impact: CORI Reform on Employment & Recidivism Rates," a forum hosted by MassInc, Federal Reserve Bank of Boston's New England Public Policy Center, and Massachusetts Bar Association, 2017

Massachusetts Executive Office of Labor and Workforce Development, Department of Criminal Justice Information Services, and Governor's Office, 2017

Massachusetts Executive Office of Administration and Finance and Department of Revenue, 2010, 2016

"Counting What Matters: Good Data for Good Policy in Connecticut" organized by Connecticut Data Collaborative, 2016

Lincoln Institute of Land Policy, Seminar on Critical Issues for the Fiscal Health of New England Cities and Towns, 2016

Atlantic States Fiscal Leaders Forum, organized by National Conference of State Legislatures, Pew Charitable Trusts, and New England Public Policy Center, 2014, 2016

Massachusetts Executive Office of Administration and Finance, 2015

North Eastern States Tax Officials Association Annual Conference, 2015

Connecticut State Legislature's State and Local Tax Study Panel, 2015

Massachusetts House and Senate Joint Committee on Municipalities and Regional Government, Public hearing on H. 1828 "An Act Regarding Revenue Sharing with Cities and Towns," 2015

Connecticut General Assembly's Legislative Program Review and Investigations Committee, 2015

Massachusetts State House, Local Aid Day, 2011, 2015

Connecticut General Assembly's Office of Legislative Program Review and Investigations and Office of Fiscal Analysis, 2015

Belmont Savings Bank, A Forum on Massachusetts Economy Convened for Municipal Treasurers, 2014

New England Fiscal Leaders Forum, organized by National Conference of State Legislatures, Pew Charitable Trusts, and New England Public Policy Center, 2013

Municipal Tax Authority Working Group of the Connecticut Legislature’s Municipal Opportunities and Regional Efficiency Commission (M.O.R.E.), 2013

1000 Friends of Connecticut, 2013

Massachusetts House and Senate Joint Committee on Municipalities and Regional Government, Public hearing on H. 1820 "An Act Reforming Additional Assistance to Municipalities," 2013

National Association of State Budget Officers (NASBO), A Meeting on Lessons Learned from the Downturn, 2012

Hispanic-American Chamber of Commerce of Greater Boston, 2012

Eastern States Legislative Fiscal Officers Association Conference, 2011

Collaboration and Leadership in Smaller Industrial Cities: A Forum on the Economic, Fiscal, and Political Challenges and Opportunities Facing New England's Smaller Industrial Cities, 2011

City of Boston, MA Administration, 2011

Metro Mayors’ Coalition, 2006, 2011

Pioneer Valley Planning Commission and the Franklin Regional Council of Governments, Municipal Aid Forum, 2011

Chair of Massachusetts House Ways and Means Committee, 2011

City of New Bedford, MA Administration, 2010

House Chair of Massachusetts Gateway Cities Caucus, 2010

House Chair of Massachusetts House and Senate Joint Committee on Revenue, 2010

Boston Municipal Research Bureau, 2010

Massachusetts Budget and Policy Center, 2010

Massachusetts Association of Regional Planning Agencies, 2010

Jobs for Massachusetts Forum, 2010

UMass Dartmouth Urban Initiative, 2010

City of Brockton, MA Administration, 2010

Boston Redevelopment Authority, 2010

Massachusetts Annual Governor's Conference on Travel and Tourism, 2009

Environmental Business Council of New England, 2008

Community Development Advisory Council, 2008

Massachusetts Chapter of the American Society of Public Administration, 2008

Federal Reserve Bank of Boston, A Conference on Financing Municipalities in New England: Revisiting the State-Local Relationship, 2007

Massachusetts Lodging Association’s Boston Outlook Conference, 2007

Massachusetts Municipal Association, Fiscal Policy Committee and Revenue Sharing Task Force, 2006

Gordon College, 2006

Media Interviews and Coverage

New Haven Independent (February 15, 2021)

Connecticut Mirror (September 16, 2015; Op-ed, March 29, 2016; July 6, 2016; August 31, 2016; May 30, 2018; April 24, 2019; July 18, 2019; September 17, 2020; November 9, 2020; December 31, 2020, "Best of 2020")

WNPR: Connecticut Public Radio (September 18, 2020; November 11, 2020)

The Middletown Press (October 21, 2020)

News Times (November 22, 2016; September 22, 2020, Editorial)

The Hour (September 22, 2020, Editorial)

WFSB-HFD TV, CBS Affiliate (September 18, 2020)

WSHU-FM Radio (September 18, 2020)

Connecticut Examiner (September 18, 2020)

Hartford Courant (September 16, 2015; Editorial, August 21, 2016; April 25, 2019; September 17, 2020)

New Haven Register (September 27, 2014; May 21, 2015; May 7, 2019; September 17, 2020)

Connecticut Post (April 24, 2019; September 17, 2020)

Bitcoin Market Journal (July 20, 2020)

Boston Globe (March 28, 2009; July 16, 2010; November 28, 2010; March 2, 2011; June 5, 2014, Front Page; July 20, 2014, Editorial; February 21, 2016, Editorial; March 21, 2017; March 22, 2017; June 12, 2019; July 17, 2020)

Hartford Business Journal (May 30, 2018; July 10, 2020)

State House News Service (July 16, 2010; March 2, 2011; March 21, 2017; February 26, 2019; March 4, 2019; April 22, 2020; July 10, 2020)

WBUR (July 15, 2010; March 22, 2017; November 20, 2018; February 26, 2019; March 5, 2019; July 9, 2020)

Providence Business News (May 7, 2020; July 9, 2020)

Portland Press Herald (April 27, 2020; May 27, 2020)

Providence Journal (April 29, 2020)

Central Maine (April 27, 2020)

Go Local Prov (April 26, 2020)

News Break (April 26, 2020)

Boston Business Journal (March 4, 2019; March 7, 2019; May 9, 2019; April 23, 2020)

South Coast Today (March 3, 2011; December 21, 2011; March 7, 2019; April 22, 2020)

Worcester Telegram (July 14, 2011; April 22, 2020)

Salem News (April 22, 2020)

Taunton Daily Gazette (March 2, 2011; February 26, 2019; April 22, 2020)

Berkshire Eagle (April 22, 2020)

Education Dive (February 25, 2019; February 26, 2019; February 28, 2019; March 4, 2019; July 2, 2019)

Politico Massachusetts Playbook (February 22, 2019; June 12, 2019)

Stamford Advocate (May 7, 2019)

Connecticut Economic Resource Center CERCONOMY Podcast (March 21, 2019)

Brattleboro Reformer (March 14, 2019)

Bennington Banner (March 13, 2019)

The Chronicle of Higher Education (March 5, 2019)

Gloucester Daily Times (February 26, 2019; March 5, 2019)

Massachusetts Daily Collegian (March 5, 2019)

Fall River Herald News (February 26, 2019)

Mass Live/The Republican, Springfield (July 15, 2010; March 2, 2011; February 21, 2019)

National Review (August 6, 2018)

The Sun Chronicle (May 4, 2018)

Waterloo-Cedar Falls Courier (November 6, 2017)

Cedar Rapids Gazette (November 5, 2017)

Mason City Globe Gazette (November 4, 2017)

St. Joseph News (November 4, 2017)

Sious City Journal (November 4, 2017)

Cherokee Tribune (November 4, 2017)

Quad City Times (November 3, 2017)

Arizona Daily Star (August 25, 2017)

Stateline (August 22, 2017)

Huffington Post (August 22, 2017)

The Daily Caller (July 24, 2017)

Quartz (July 24, 2017)

WGBH Radio (June, 5, 2017)

Sentinel & Enterprise (March 25, 2017)

Massachusetts Lawyers Weekly (March 23, 2017)

Christian Science Monitor (March 21, 2017, Editorial)

Governing Magazine (July 2014; April 2016; July 2016)

Connecticut DataHaven (April 15, 2016)

WFSB Chanel 3 Hartford Connecticut (April 3, 2016, "Facing the State")

Maine Wire (February 22, 2016; March 17, 2016)

Maine Public Broadcasting (March 8, 2016)

CT-N Connecticut Network TV Station (November 7, 2013; May 8, 2015; September 16, 2015)

The Times-Picayune | NOLA.com (August 19, 2014)

Reuters (April 11, 2014)

WFCR New England Public Radio (January 13, 2011; December 6, 2011; March 28, 2014)

Journalist's Resource (February 3, 2014)

Middleboro Gazette (March 17, 2011)

Newburyport News (March 4, 2011)

Boston Herald (March 28, 2009; July 15, 2010; March 2, 2011)

Worcester Magazine (January 27, 2011)

WAMC Northeast Public Radio (January 14, 2011)

WWLP-TV 22 Springfield (August 3, 2010)

Greenfield Recorder (July 23, 2010)

WBZ Radio Boston (July 16, 2010)

Ledger Dispatch (October 9, 2008)

Cape Cod Times (February 27, 2008, op-ed)

Utica Observer Dispatch (February 16, 2008)

Business Wire (July 10, 2007)

Legislation Based on or Influenced by Bo Zhao's Research

Massachusetts Bill H. 2139, "An Act to Reform the Distribution of Unrestricted Local Aid," 2021

Massachusetts Bill S. 1344, "An Act to Establish a Commission to Study the Distribution of Unrestricted Local Aid," 2021

Massachusetts Bill H. 1762, "An Act to Reform the Distribution of Unrestricted Local Aid," 2019

Connecticut Raised Bill No. 1141, "An Act Concerning Property Tax Reform," 2019

Massachusetts Bill H. 3354, "An Act Implementing Fair Revenue Sharing among All Cities and Towns," 2017

Massachusetts Bill H. 1828, "An Act Regarding Revenue Sharing with Cities and Towns," 2015

Massachusetts Bill H. 1820, "An Act Reforming Additional Assistance to Municipalities," 2013

Massachusetts Bill H. 3103, "An Act Relative to Reforming Municipal Aid Formulas," 2011

Massachusetts Bill H. 3102, "An Act Reforming Additional Assistance to Municipalities," 2011

Awards and Honors

Top 10% of Authors on SSRN by Total New Downloads within the Last 12 Months, November 2017, August 2019–May 2020

Top 20 Most Read/Downloaded Paper in Public Budgeting & Finance 2017–2018

SSRN's Top Ten Download List, May 2017

President's Award, Federal Reserve Bank of Boston, 2013

Service Quality Award, Federal Reserve Bank of Boston, 2009, 2014

One of 20 young scholars nationwide selected to participate in the Entrepreneurship Research Boot Camp sponsored by the Ewing Marion Kauffman Foundation, July 2005

Paul Speranza Tax Policy Research Scholarship, Syracuse University, 2002–2004

Maxwell Summer Fellowship, The Maxwell School, Syracuse University, 2004

Center for Policy Research Summer Research Fellowship, Syracuse University, 2002

Citizenship

United States


Disclaimer

The views expressed on this website are those of Bo Zhao and do not necessarily represent the views of the Federal Reserve Bank of Boston or the Federal Reserve System.

(Last updated: October 2021)