John Pepper
Merrill S. Bankard Professor
Office Address
Monroe Hall, Room 234
Hours: Mondays 12 - 2pm or by appointmentFields of Interest
Social Program Evaluation, Econometrics, Public Economics
Education
Selected Publications
"How do Right-to-Carry Laws Affect Crime Rates? Coping with Ambiguity Using Bounded-Variation Assumptions,” (with Charles Manski), Review of Economics and Statistics, 2018, 100(2): 232-244.
“The Effect of Vocation Rehabilitation Services for People with Mental Illness,” (with David Dean, Robert Schmidt, and Steven Stern), Journal of Human Resources, 2017, 52(3), 826-858.
“The Effect of Vocation Rehabilitation for People with Cognitive Impairments,” (with David Dean, Robert Schmidt, and Steven Stern), International Economic Review, 2015, 56(2), 399-426.
“Identifying the Effects of SNAP (Food Stamps) on Child Health Outcomes when Participation is Endogenous and Misreported,” (with Craig Gunderson, Dean Jolliffe, and Brent Kreider), Journal of the American Statistical Association, September 2012, 107:499, 958-975.
“More on Monotone Instrumental Variables” (with Charles Manski), The Econometrics Journal, 12, July 2009, S200-216.
“Disability and Employment: Reevaluating the Evidence in Light of Misreporting Errors,” (with Brent Kreider), Journal of the American Statistical Association, 102 (478), June 2007, 432-441.
“Robust Inferences for Method of Moments Estimators from Random Clustered Samples: An Application Using Data from the Panel Study of Income Dynamics,” Economic Letters, 75(3), June 2002, 75, 341-345.
“The Intergenerational Transmission of Welfare Receipt: A Nonparametric Bounds Analysis,” The Review of Economics and Statistics, 82(3), August 2000, 472-88.
“Monotone Instrumental Variables: With an Application to the Returns to Schooling,” (with Charles Manski), Econometrica, 68(4), July 2000, 997-1010.
Simon Anderson
Commonwealth Professor of Economics
Office Address
Monroe Hall, Room 236A
Hours: Wednesday 1:30 - 2:30pm or by appointmentFields of Interest
Advertising, Search and Information, Price Dispersion, Media Economics, Industrial Organization
Education
Working Papers
Search Direction: Position Externalities and Position Auction Bias (with Régis Renault); CEPR Discussion Paper 16724 (to be resubmitted to Review of Economic Studies)
Price Discrimination in the Information Age: Prices, Poaching, and Privacy with Personalized Targeted Discounts (with Alicia Baik and Nathan Larson), CEPR Discussion Paper 13793
Price Discrimination in the Information Age: Prices, Poaching, and Privacy with Personalized Targeted Discounts (with Alicia Baik and Nathan Larson), Revised Version forthcoming in Review of Economic Studies
Hybrid Platform Model (with Özlem Bedre-Defolie), CEPR Discussion Paper 27404-1623244227
Economic Distributions, Primitive Distributions, and Demand Recovery in Monopolistic Competition, (with Andre De Palma), CEPR Discussion Paper 15731 (to be resubmitted to Journal of Economic Theory)
Ad Clutter, Time Use, and Media Diversity, (with Martin Peitz), CEPR Discussion Paper 15130 (Revised version forthcoming in American Economics Journal- Micro)
Choosing a Champion: Party Membership and Policy Platform, (with Kieron J. Meagher), CEPR Discussion Paper 8941
Selected Publications
Online Trade Platforms: hosting, selling, or both? (with Ozlem Bedre-Defolie), forthcoming International Journal of Industrial Organization
The Advertising‐Financed Business Model in Two‐Sided Media Markets (with Bruno Jullien);Chapter from Handbook of Media Economics
Product quality, competition, and multi-purchasing, (with Oystein Foros and Hans Jarle Kind), CEPR Discussion Paper 8923 International Economic Review 58.1 (2017): 183-210.
Push-Me Pull-You: Comparative Advertising in the OTC Analgesics Industry, (with Federico Ciliberto, Jura Liaukonyte and Régis Renault), CEPR Discussion Paper 8988 Appendices Supplement RAND Journal of Economics 47.4 (2016): 1029-1056.
Opaque Selling (with Levent Celik), Information Economics and Policy, doi:10.1016/j.infoecopol.2020.100869
Media See-saws: Winners and Losers in Platform Markets (with Martin Peitz), 2019; Journal of Economic Theory, 186, doi.org/10.1016/j.jet.2019.104990
Aggregative Games and Oligopoly Theory: Short-run and Long-run Analysis (with Nisvan Erkal and Daniel Piccinin), 2019; CEPR Discussion Paper 9511, RAND Journal of Economics, 51(2), June 2020, 470-495 doi.org/10.1111/1756-2171.12322
Price Discrimination figures (with Regis Renault), in Handbook in Transport Economics Ch.4 527-560 Eds. A. de Palma, R. Lindsey, E. Quinet and R. Vickerman; Edward Elgar
The CES distribution circle and its decoupling (with Andre de Palma) Economic Journal, 130, 628, May 2020, 911–936, doi.org/10.1093/ej/ueaa001
Discrete Choice Theory of Product Differentiation (with A. de Palma and J.F.Thisse), MIT Press 1992
Oligopolistic Competition and the Optimal Provision of Products (with A. de Palma and Y. Nesterov), Econometrica, 63(6), 1281–1301, 1995
Rent Seeking with Bounded Rationality: An Analysis of the All-Pay Auction (with J. Goeree and C. Holt), Journal of Political Economy, 106(4), 828–853, 1998
Market Provision of Broadcasting: A Welfare Analysis (with Stephen Coate), Review of Economic Studies, 72(4), 947–972, 2005
Advertising Content (with Regis Renault), American Economic Review, 96(1), 93–113, 2006
Firm Pricing with Consumer Search with Régis Renault; Handbook of Game Theory and Industrial Organization, Luis Corchon and Marco Marini eds., Edward Elgar, 2017
Firm Pricing with Consumer Search with Régis Renault
Media market concentration advertising levels and ad prices (with Øystein Foros, Hans Jarle Kind, Martin Peitz), International Journal of Industrial Organization (2012) 30(3) 321-325.
Advertising: the Persuasion Game (with Régis Renault)
The Advertising Mix for a Search Good (with Régis Renault) CEPR paper 8756 Discussion Paper, Management Science, (2013), 59(1), 69-83
Media Mergers and Media Bias with Rational Consumers (Figures or Figures: long version) Extended version (Figures) (with John McLaren); Journal of the European Economics Association, (2012), 10(4), 831-859.
Information Congestion: open access in a two-sided market Figures (with Andre de Palma), April 2007; RAND Journal of Economics (2009), 40(4), 688-709.
Entry on Product Differentiation for New Palgrave Dictionary Thanks to Emily Blanchard, Maxim Engers, Sanjay Jain, and Cat Tyler for their comments.
Market Performance with Multiproduct Firms (Figures) (with Andre de Palma), Journal of Industrial Economics 54 (1) 95–124 March 2006
Market Provision of Broadcasting: A Welfare Analysis (with Stephen Coate), Review of Economic Studies 72 (4) 947–972 October 2005; March 2004 Paper (Figures) January 2005 Paper (Figures) Earlier Version
Participation Games: Market Entry Coordination and the Beautiful Blonde (with Maxim Engers), Journal of Economic Behavior and Organization (2007) 63(1) 120-137
The Economics of Pricing Parking (with Andre de Palma), Journal of Urban Economics (2004) 55(1) 1-20
Efficiency and Surplus Bounds in Cournot Competition (with Regis Renault), Journal of Economic Theory 113 (2) 253-264 Dec 2003 short version or long version-with figures
Price discrimination in transportation figures (in French) (with Regis Renault), "Tarification Discriminante" in La Tarification des Transports: enjeux et defies Ch.5 107-151 Eds. A. de Palma and E. Quinet Economica Paris.
Price Discrimination figures (with Regis Renault), Handbook in Transport Economics Ch.4 527-560 Eds. Edward Elgar, A.de Palma,R. Lindsey, E. Quinet and R. Vickerman
Advertising Content (with Regis Renault), American Economic Review (2006) 96(1) 93-113
International Pricing with Costly Consumer Arbitrage (with Victor Ginsburgh), Review of International Economics (1999) 7(1) 126-139.
Noisy Directional Learning and the Logit Equilibrium (with Jacob Goeree and Charles Holt), Scandinavian Journal of Economics festschrift for Reinhard Selten (2004) 106(3) 581-602
Regulation of television advertising Ed. Paul Seabright The Economic Regulation of Broadcasting Markets , Cambridge University Press (2007) 189-224
The Media and Advertising: a tale of two-sided markets tables (with Jean J. Gabszewicz) in Handbook of the Economics of Art and Culture (2006), Eds. Victor Ginsburgh and David Throsby Elsevier; North Holland CEPR Discussion Paper 5223
Consumer Surplus and Producer Surplus (with Maxim Engers), Articles for International Encyclopedia of the Social Sciences 2nd Ed (2007) Ed. William A. Darity Jr
Platform Siphoning: Ad-Avoidance and Media Content (with Joshua Gans) CEPR Discussion Papers 7729, American Economic Journal: Microeconomics (2011) 3(4): 1–34
Spatial Modeling in Transportation (with Wesley W. Wilson) Handbook of Transportation Policy and Administration Ed. Jeremy F. Plant, Pennsylvania State University, Harrisburg, (2007) 255-280
Comparative Advertising: Disclosing Horizontal Match Information-long version figures (with Régis Renault), RAND Journal of Economics (2009) 40(3) 558-581
Differentiated Products International Trade and Simple General Equilibrium Effects (with Nicolas Schmitt) Eds. G. Dow, A. Eckert, Doug West: Essays in honor of Curt Eaton, University of Toronto Press. (2010) Ch 7 136-59
Competition for Attention in the Information (Overload) Age (with Andre de Palma), CEPR Discussion Paper 7286, RAND Journal of Economics (2012) 43(1): 1-25.
The ABC of complementary products mergers (with Simon Loertscher and Yves Schneider), Economics Letters, (2010) 106(3) 212-215
Spatial Competition Pricing And Market Power in Transportation: A Dominant Firm Model Figures (with Wesley W. Wilson), Journal of Regional Science, (2008) 48(2) 367-397
Information Content of Advertising: Empirical Evidence from the OTC Analgesic Industry (with Federico Ciliberto and Jura Liaukonyte), International Journal of Industrial Organization (2013) 31(5) 355-367
Getting into Your Head(ache): Advertising Content for OTC Analgesics (previous version)
Shouting to be Heard in Advertising (with Andre de Palma), Management Science (2013), 59(7), 1545-1556
Advertising and the Internet Handbook of Digital Economics Eds. M. Peitz and J. Waldfogel, Ch. 14 355-399, Oxford University Press
Oligopoly and Luce’s Choice Axiom (with Andre de Palma), Regional Science and Urban Economics, Regional Science and Urban Economics, 42 (2012) 1053-1060
Aggregative Oligopoly Games with Entry (with Nisvan Erkal and Daniel Piccinin)
Competition for Advertisers and for Viewers in Media markets (Oystein Foros and Hans Jarle Kind) Economic Journal, (2017) 128, 34-54.
Personalized Pricing and Advertising: An Asymmetric Equilibrium Analysis (with Alicia Baik and Nathan Larson), CEPR Discussion Paper 10464, Games and Economic Behavior (2015), 92, 53-73.
Product Line Design (Long Version) (shorter version) (with Levent Celik), Journal of Economic Theory, 157, 517-526, (2015)
Market Power in Transportation: Spatial Equilibrium under Bertrand Competition (Figures) (with Wesley W. Wilson), Economics of Transportation, Special Issue on Collective Contributions in the Honor of Richard Arnott, 4(1-2), 7-15, March–June 2015
Economic Distributions and Primitive Distributions in Monopolistic Competition (with André de Palma)
Federico Ciliberto
Professor, Chair
Office Address
Monroe Hall, Room 218
Fields of Interest
Empirical Industrial Organization, Applied Microeconomics, Applied Econometrics
Education
Selected Publications
“Coordinated Capacity Reductions and Public Communication in the Airline Industry,” with Gaurab Aryal (University of Virginia) and Ben Leyden (Cornell University), the Review of Economic Studies, 2021.
“Market Structure and Competition in Airline Markets,” with Charles Murry (Boston College) and Elie Tamer (Harvard University), Journal of Political Economy, Volume 129, Number 11, November 2021. [Lead Article]
“Superstar Exporters: An Empirical Investigation of Strategic Interactions in Danish Export Markets,” with Ina Charlotte Jäkel (Aarhus University, Denmark), Journal of International Economics, Volume 129, March 2021.
“Valuing Product Innovation: Genetically Engineered Varieties in US Corn and Soybeans,” with GianCarlo Moschini (Iowa State University), and Edward Perry (Kansas State University). Rand Journal of Economics, 2019, Vol. 50, Issue 3, Pages 615-644. This article is the winner of the 2020 Quality of Research Discovery Award awarded by the Agricultural and Applied Economic Association.
Kenneth Elzinga
Robert C. Taylor Professor of Economics
Office Address
Monroe Hall, Room 216
Hours: By Appointment via Graham Lea (grahamrlea@virginia.edu)Fields of Interest
Antitrust economics; religion and economics
Education
Selected Publications
- The Mystery of the Invisible Hand by Marshall Jevons (pseudonym). Princeton: Princeton University Press, 2014. Paperback version published by Princeton University Press, 2016. Chinese version published by AND Publishing Ltd., 2016. Chinese Simplified version published by Beijing-Time Chinese Press, 2019.
- “Craft Beer In The United States: History, Numbers, and Geography,” (w/Carol Horton Tremblay and Victor J. Tremblay), 10 Journal of Wine Economics, 242 (2015).
- “The Beer Industry,” in James Brock (ed.) The Structure of American Industry 13th ed. Long Grove, IL: Waveland Press, 2016.
- “Alfred Marshall: Why He Matters,” Number 67 Faith & Economics, 5 (2016).
- “Thirteen Editions of The Structure of American Industry: An I.O. Perspective,” (w/ F.M. Scherer), 49 Review of Industrial Organization, 515 (2016).
- “Louis Brandeis and Contemporary Antitrust Enforcement,” (w/ Micah Webber), 33 Touro Law Review, 277 (2017).
- “Resale Price Maintenance and the Tenth Anniversary of Leegin.” Introduction and Editor of Special Issue of the Review of Industrial Organization DOI 10.1007/s11151-017-9569-9 (2017).
- “Craft Beer in the USA: Strategic Connections to Macro- and European Brewers,” (w/Carol Horton Tremblay and Victor J. Tremblay) in Christian Garavaglia and Johan Swinnen (eds.) Economic Perspectives on Craft Beer: A Revolution in the Global Beer Industry. London: Palgrave Macmillan, 2018.
- “Predatory Pricing in the Airline Industry: Spirit Airlines v. Northwest Airlines,” (w/ David E. Mills; revised and updated from prior edition) in John E. Kwoka and Lawrence J. White (eds.), The Antitrust Revolution 7th ed. Oxford: Oxford University Press, 2018.
- “Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis,” (w/ Vandy M. Howell) in George Hay (ed.) Special Issue of the Review of Industrial Organization 10.1007/s11151-018-9658-4 (2018).
- “Towards an Economic Theory of Amateurism: The NCAA, Antitrust, and the Student-Athlete,” (w/ John P. Bigelow), in CPI Antitrust Chronicle (2020).
Maxim Engers
Professor
Office Address
Monroe Hall, room 230
Hours: Thursday 3:30 - 4:45pmFields of Interest
Economics of Information; Applied Game Theory
Education
Selected Publications
- "Producer Surplus", (with Simon Anderson) International Encyclopedia of the Social Sciences (2nd edition), forthcoming;
- "Charity Auctions," (with Brian McManus), International Economic Review, Vol. 48, August 2007;
- "Participation games: Market entry, coordination, and the beautiful blonde," (with Simon Anderson), Journal of Economic Behavior and Organization, Vol. 63, May 2007;
- "R&D Policy with International Spillovers," (with Shannon Mitchell), European Economic Review, Vol. 50, October 2006.
Ana Fostel
Professor
Office Address
Monroe Hall, Room 232
Hours: Tuesday 1:00 - 3:00pm by email appointment only
Fields of Interest
Finance, International Finance, Economic Theory,Experimental Finance
Education
Doctor of Philosphy (PhD): Yale University
Leora Friedberg
Associate Professor, Vice Chair
Office Address
Monroe Hall, Room 257
Hours: Wednesday 1:00 - 2:00pmFields of Interest
Public Economics;Labor Economics
Education
Selected Publications
- "The Social Security Earnings Test and the Labor Supply of Older Men," Tax Policy and the Economy, Volume 12, National Bureau of Economic Research, 1998;
- "Did Unilateral Divorce Raise Divorce Rates? Evidence from Panel Data," American Economic Review, Volume 88 (3), 608-627, June 1998;
- "The Effect of Old Age Assistance on Retirement," Journal of Public Economics, Volume 71 (2), 213-232, February 1999;
- "The Labor Supply Effects of the Social Security Earnings Test," The Review of Economics and Statistics, Volume 82 (1), 48-63, February 2000.
James Harrigan
Professor, , Graduate Studies Director
Office Address
Monroe Hall, Room 215
Hours: Tuesday 11:00am - 12:15pm, Hours: Wednesday 2:00 - 3:15pmFields of Interest
International Trade, Economic Geography, Applied Microeconomics, East Asian economies
Education
Working Papers
Link to Prof. Harrigan's Research Page
Charles Holt
A Willis Robertson Professor of Political Economy
Office Address
Monroe Hall, Room 238
Hours: Monday and Wednesday 11:00am - 12:30pmFields of Interest
Experimental economics, mathematical economics
Education
Biography
Charles Holt was a founding co-editor and advisory editor of the journal, Experimental Economics. His research pertains to measures of risk aversion and subjective beliefs, and studies of strategic behavior, using a mix of game theory and laboratory experiment. He has worked on auction design projects for the FCC, the Regional Greenhouse Gas Initiative, and the NY Federal Reserve Bank. Current research is focused on asset market bubbles and bounded rationality (quantal response equilibrium). He is the director of the Veconlab (Google “veconlab admin”) and does all programming for that free online site. He received the 2008 SEA Kenneth G. Elzinga Teaching Award, the 2018 UVA Thomas Jefferson Award for Scholarship, and the inaugural 2023 AEA Distinguished Economic Education Award.
Selected Publications
Selected Publications
- “Ten Little Treasures of Game Theory and Ten Intuitive Contradictions,” (with Jacob Goeree) American Economic Review, December 2001, 1402-1422.
- “Risk Aversion and Incentive Effects” (with Susan Laury) American Economic Review, December 2002, 92: 1644-55.
- “The Nash Equilibrium: A Perspective” (with Al Roth) Proceedings of the National Academy of Sciences, USA, March 2004, 101(12) pp. 3999-4002.
- Quantal Response Equilibrium: A Stochastic Theory of Games, (with Jacob Goeree and Thomas Palfrey), Princeton University Press, 2016.
- “Price Bubbles, Gender, and Expectations in Experimental Asset Markets,” (with Megan Porzio and Michelle Song) European Economic Review, 2017, 100, 72-94.
- Markets, Games, and Strategic Behavior: An Introduction to Experimental Economics, Princeton University Press, 2019.
William Johnson
Office Address
Monroe Hall, Room 232
Hours: By appointment onlyFields of Interest
Labor economics; public economics; economics of information
Education
Selected Publications
Selected Publications
- "Are Public Subsidies to Higher Education Regressive ?", Education Finance and Policy, Summer 2006
- "Faculty without Students: Resource Allocation in Higher Education", (with Sarah Turner) Journal of Economic Perspectives, Spring 2009
- "Fixed Costs and Hours Constraints", Journal of Human Resources, Fall 2011
- “House Prices and Female Labor Force Participation” ,Journal of Urban Economics, 2014.
- “Parties or Problem Sets: Review Article on How College Works and Paying for the Party”, Journal of Economic Literature, 2017
John McLaren
Professor
Office Address
Monroe Hall, Room 226
Hours: Tuesday 2:00 - 3;30pmFields of Interest
International Trade, Political Economy, Industrial Organization, Economic Development, Effects of Economic Globalization
Education
Selected Publications
- “Looking for Local Labor-Market Effects of NAFTA” (joint with Shushanik Hakobyan). Review of Economics and Statistics 98:4, October 2016, pp. 728-41.
- “Trade Policy and Wage Inequality: A Structural Analysis with Occupational and Sectoral Mobility.” (With Erhan Artuç). Journal of International Economics 97, pp. 278-94, 2015.
- “When is it Optimal to Delegate: The Theory of Fast-track Authority.” (With Levent Çelik and Bilgehan Karabay.) American Economic Journals: Microeconomics, August 2015.
Ron Michener
Associate Professor
Office Address
Monroe Hall, Room 251
Hours: Wednesday 1:00- 3:00pmFields of Interest
Colonial Monetary History, Monetary Theory, Economic History
Education
Selected Publications
Selected Publications
- "Fixed Exchange Rates and the Quantity Theory in Colonial America," Carnegie-Rochester Conferences Volume, 1987;
- "The Political Economy of Insider Trading Laws," with C.Tighe, Papers and Proceedings of the American Economic Associations, 1994;
- "Inflation, Expectations, and Output: Lucas's Island Revisited," Journal of Macroeconomics 20, 767-83, Fall 1998;
- "State 'Currencies' and the Transition to the U.S. Dollar: Clarifying some Confusions." , R. Michener and R. Wright, American Economic Review, 682-703, June 2005;
- "Development of the US monetary union," R. Michener and R. Wright, Financial History Review, vol. 13:1, 19-41, 2006
Amalia Miller
Georgia S. Bankard Professor
,
Director of Bridge 2 Doctorate
Office Address
Monroe Hall, Room 239
Hours: Mondays and Wednesdays 1:00 - 2:00pmFields of Interest
Public Finance, Labor Economics, Health Economics, Industrial Organization
Education
Denis Nekipelov
Associate Professor, Director of Graduate Placement
Office Address
Monroe Hall, Room 254
Hours: Monday 10:00am - 12:00pmEdgar Olsen
Professor
Office Address
Monroe Hall, Room 336
Fields of Interest
Housing Markets and Policies, Welfare Policies
Education
Working Papers
- Alleviating Poverty through Housing Policy Reform
- The Effect of Fundamental Housing Policy Reforms on Program Participation (.pdf)
- Report on Adjusting Poverty Thresholds for Geographic Price Differences (.pdf)
- The Cost-Effectiveness of Alternative Methods of Delivering Housing Subsidies (.pdf)
- Getting More from Low-Income Housing Assistance (.pdf)
- The Future of Public Housing (.pdf)
- Promoting Homeownership among Low-Income Households
- The Simple Analytics of Vouchering Out Unit-Based Housing Assistance (.pdf)
- The Millennial Housing Commission Report: An Assessment
Selected Publications
Selected Publications
- “A Competitive Theory of the Housing Market,” American Economic Review, LIX (September 1969), 612-22
- "An Econometric Analysis of Rent Control," Journal of Political Economy, LXXX , 1081-1100, Nov./Dec. 1972;
- "The Benefits and Costs of Public Housing in New York City" (with David Barton), Journal of Public Economics, XX, 299-332, April 1983;
- "The Demand and Supply of Housing Services: A Critical Survey of the Empirical Literature" in Handbook in Urban Economics, ed., Edwin S. Mills, Amsterdam: North-Holland, 1987;
- "The Welfare Economics of Equal Access," (with Diane Lim Rogers), Journal of Public Economics, XLV, 91-105, June 1991;
- “Subsidized Housing, Emergency Shelters, and Homelessness: An Empirical Investigation Using Data from the 1990 Census” (with Dirk Early), Advances in Economic Analysis & Policy, 2 (2002), 1-34;
- “Housing Programs for Low-Income Households” in Means-Tested Transfer Programs in the United States, ed., Robert Moffitt, National Bureau of Economic Research (Chicago: University of Chicago Press, 2003);
- "Low-Income Housing Policy," New Palgrave Dictionary of Economics, Second Edition, London:Macmillan, 2008;
- “Fundamental Housing Policy Reforms to End Homelessness” in How to House the Homeless, ed., Ingrid Gould Ellen and Brendan O'Flaherty (New York: Russell Sage, 2010).
- “Geographic Price Variation, Housing Assistance, and Poverty” (with Dirk Early) in Oxford Handbook of the Economics of Poverty, ed., Philip N. Jefferson (Oxford: Oxford University Press, 2012)
- “The Performance and Legacy of Housing Policies” (with Jens Ludwig) in The Legacies of the War on Poverty, ed., Martha Bailey and Sheldon Danziger (New York: Russell Sage, 2013)
- “U. S. Housing Policy” (with Jeff Zabel) in Handbook of Regional and Urban Economics, Volume 5, ed., Giles Duranton, J. Vernon Henderson, and William Strange (Amsterdam: North-Holland, 2015)
- “Racial Rent Differences in U.S. Housing Markets: Evidence from the Housing Voucher Program” (with Paul Carrillo and Dirk Early), Journal of Regional Science, 59(4), (September 2019), 669-700
Oped Pieces
- Flying under the Radar Screen: The BBB Act’s Low-Income Housing Provisions
- UVA Living Wage Q&A (.pdf)
- Housing the Poorest Hurricane Victims (.pdf)
- Housing the Poorest Hurricane Victims-NOW (.pdf)
- Rearranging the Deck Chairs in the Housing Market (.pdf)
- Improving the Housing Provisions of the Stimulus Package (.pdf)
- We Don't Need More Housing Projects
Congressional Testimony
-
U.S. Senate Committee on the Budget September 16, 2020
-
U.S. Senate Committee on Banking, Housing, and Urban Affairs, Subcommittee on Housing, Transportation, and Community Development September 22, 2016
-
U.S. Senate Committee on Appropriations, Subcommittee on Transportation, Housing and Urban Development, and Related Agencies September 21, 2016
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U.S. Senate Committee on Banking, Housing, and Urban Affairs March 12, 2008
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U.S. House Committee on Government Reform, Subcommittee on Federalism and the Census February 15, 2006 [oral] [written]
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U.S. House Committee on Financial Services, Subcommittee on Housing and Community Opportunity June 17, 2003
-
U.S. Senate Committee on Banking, Housing, and Urban Affairs November 29, 2001
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U.S. House Subcommittee on Housing and Community Opportunity, Committee on Financial Services June 21, 2001
Sheetal Sekhri
Associate Professor
Office Address
Monroe Hall, Room 258
Hours: Tuesday 11:00am - 12:00pm or by appointmentFields of Interest
Development Economics, Applied Microeconomics
Education
Peter Troyan
Associate Professor
Office Address
Monroe Hall, Room 340
Hours: Monday 1:00 - 2:00pmFields of Interest
Microeconomic theory, game theory, market design, matching
Education
Sarah Turner
University Professor of Economics & Education, Souder Family Professor
Office Address
Monroe Hall, Room 244
Hours: Zoom on Tuesdays from 2:00 - 3:30pmEducation
Working Papers
-
Does Enrollment Lead to Completion? Investigating the Link Between Increased High School Persistence and High School Graduation in Response to Trade Exposure; Ramiro Burga and Sarah Turner; 2020;University of Virginia Paper draft.
-
.Work Boots to Combat Boots: Mass Layoffs and Military Enlistment.; Murphy, Francis; Dalton Ruh and Sarah Turner.;University of Virginia Paper draft; In Progress
- Hoxby, C. and Turner, S. 2019. “The Right Way to Capture College “Opportunity”: Popular Measures Can Paint the Wrong Picture of Low-Income Student Enrollment.” Education Next. Vol. 19, No. 2
- Barr, A. and Turner, S. 2018. “A Letter and Encouragement: Does Information Increase Post-Secondary Enrollment of UI Recipients?” American Economic Journal: Economic Policy.
- Caroline Hoxby and Sarah Turner. 2015. “What High-Achieving Low-Income Students Know About College Options” Working draft.
- Caroline Hoxby and Sarah Turner. 2013. “Expanding College Opportunities for High-Achieving, Low Income Students” SIEPR Discussion Paper 12-014.
- "Back to School: Federal Student Aid Policy and Adult College Enrollment," (with N. Seftor), Journal of Human Resources, 2002;
- Going to War and Going to College: Did the G.I. Bill Increase Educational Attainment," (with J. Bound), Journal of Labor Economics (4), 2002
- "Trade in University Training: Cross State Variation in the Production and Use of College Educated Labor," (with Bound, Groen, & Kezdi), Journal of Econometrics, Vol. 121 , 2004"Closing the Gap or Widening the Divide: The Effects of the G.I. Bill and World War II on the Educational Outcomes of Black Americans",(with John Bound), Journal of Economic History, Vol. 63, No. 1 (March) [NBER Working Paper No. 9044], 2003.
- "Race, Income and College in 25 Years: Evaluating Justice O'Connor's Conjecture" (with Alan Krueger and Jesse Rothstein), American Law and Economics Review, 2006.
- "Opportunities for Low Income Students at Top Colleges and Universities: Policy Initiatives and the Distribution of Students" (with Amanda Pallais), National Tax Journal, LIX (2): 357-386, 2006.
- "Cohort Crowding: How Resources Affect Collegiate Attainment" (with John Bound), Journal of Public Economics [NBER Working Paper No. 12424], forthcoming.
Selected Publications
Selected Publications
- Andrew Barr and Sarah Turner. Forthcoming. “Out of Work and Into School: Labor Market Policies and College Enrollment During the Great Recession,” Journal of Public Economics
- John Bound, Breno Braga, Joe Golden and Sarah Turner. 2013. “Pathways to Adjustment: The Case of Information Technology Workers” American Economic Review Papers and Proceedings.
- Andrew Barr and Sarah Turner. 2013 “Expanding Enrollments and Contracting Budgets: The Effect of the Great Recession Higher Education,” The Annals: American Academy of Political and Social Science.
- John Bound, Mike Lovenheim and Sarah Turner. 2012. “Understanding the Increased Time to the Baccalaureate Degree.” Education Finance and Policy, Vol. 7, No. 4: 375–424.
- Christopher Avery and Sarah Turner. 2012. “Student Loans: Do College Students Borrow Too Much--Or Not Enough?” Journal of Economic Perspectives, 26(1): 165–92
Eric Van Wincoop
Robert P Black Research Professor of Economics
Office Address
Monroe Hall, Room 231
Hours: ECON 8220- Monday 11:00am - 12:00pm, Hours: ECON 4220 - Wednesday 1:00 - 2:00pmFields of Interest
Open Economy, Macro Economics
Education
Eric Young
Professor
Office Address
Monroe Hall, Room 224
Hours: By appointment onlyFields of Interest
Macroeconomics, Computational Economics
Education
Working Papers
- "Capital Controls or Exchange Rate Policy? A Pecuniary Externality Perspective; Benigno, Gianluca, Huigang Chen, Christopher Otrok, Alessandro Rebucci, and Eric R. Young (2016), " Journal of Monetary Economics 84, pp. 147-165.
- "Rational Inattention and Dynamics of Consumption and Wealth in General Equilibrium," Luo, Yulei, Jun Nie, Gaowang Wang, and Eric R. Young (2017), Journal of Economic Theory 172, pp. 55-87.
- "Bankruptcy and Delinquency in a Model of Unsecured Debt,"Athreya, Kartik, Juan M. Sánchez, Xuan S. Tam, and Eric R. Young (2018), International Economic Review 59(2), pp. 593-623
- "Capital Controls and Monetary Policy in Sudden-Stop Economies," Devereux, Michael B., Eric R. Young, and Changhua Yu (2019), Journal of Monetary Economics 103, pp. 52-74.
- "Ambiguity, Low Risk-Free Rates, and Consumption Volatility," Luo, Yulei, Jun Nie, and Eric R. Young (2019), forthcoming, Economic Journal.
- "Macro-Financial Volatility under Dispersed Information," Wu, Jieran, Jianjun Miao, and Eric R. Young (2019), forthcoming, Theoretical Economics.
Carter Doyle
Assistant Professor, General Faculty
Office Address
Monroe Hall, Room 205
Hours: Monday and Wednesday 2:30-4:00pm or by appointmentMarc Santugini
Associate Professor, General Faculty
Office Address
Monroe Hall, Room 213
Hours: By appointmentEducation
Ph.D., Economics, University of Virginia, 2007
M.A., Economics, University of Virginia, 2003
M.A., Economics, University of Nebraska-Lincoln, 2001
B.A., Economics and International Studies, La Salle University, 1999
Maria Westerfield
Visiting Lecturer
Office Address
Monroe Hall, Room 219
Hours: Tuesday and Thursday 3:30 - 4:30pm; Zoom hours by appointmentEdwin Burton
Visiting Professor
Office Address
Monroe Hall, Room 262
Hours: Tuesday, Wednesday and Thursday 11:00am - 12:00pmEducation
- Bachelor of Arts (BA), Rice University
- Master of Arts (MA), Rice University
- Doctor of Philosophy (PhD), Northwestern University
Peter Debaere
Professor of Business Administration
Office Address
Darden School, FOB 283
Michael (Mike) Gallmeyer
Associate Professor
Office Address
Rouss & Roberston Halls, Room 366
Fields of Interest
Finance
Molly Lipscomb
Associate Professor of Public Policy and Economics
Office Address
Garrett Hall
Fields of Interest
Environmental Economics, Development Economics,International Trade, Applied Microe
Education
- Ph.D. in Economics, May 2009, University of Colorado at Boulder
- M.A. in Economics, May 2005, University of Colorado at Boulder
- BA in Economics, May 1999, Claremont McKenna College
- With honors, Magna Cum Laude, Minor in Political Science
Isaac Mbiti
Assistant Professor of Public Policy and Economics
Office Address
Garrett Hall, room 106
Fields of Interest
Public Policy
Daniel Murphy
Assistant Professor
Office Address
Darden, FOB 158
Fields of Interest
International and Macro Economics
Christopher Ruhm
Professor of Public Policy and Economics
Office Address
Garrett Hall
Fields of Interest
Health Economics, Labor Economics, Public Economics
Education
- University of California, Berkeley, Ph.D. 1984
- University of California, Berkeley, M.A. 1981
- University of California, Davis, B.A. (with highest honors) 1978,
Jay Shimshack
Associate Professor of Public Policy and Economics
Office Address
Garrett Hall, Room 103
Fields of Interest
Environmental, applied microeconomics
William Shobe
Director of Center for Economic & Policy Studies, Professor of Public Policy
Office Address
Monroe Hall, Room 332
Hours: Monday and Wednesday 1:00 -2:30pmFields of Interest
Environmental economics, experimental economics, emission market design, early childhood education, federalism, public finance
Education
- B.A., Vanderbilt University, Nashville, TN
- J.D., Lewis & Clark Law School, Portland OR
- Ph.D., University of Minnesota, Minneapolis, MN
Selected Publications
Selected Publications
- Rethinking Environmental Federalism in a Warming World (January 2012), William Shobe and Dallas Burtraw. CEPS Working Papers (wp12-01), Center for Economic and Policy Studies, Charlottesville, VA (Forthcoming in Climate Change Economics).
- Price Discovery in Emissions Permit Auctions (2011), Dallas Burtraw, Charlie Holt, Erica Myers, Jacob Goeree, Karen Palmer, and William Shobe, in R. Mark Isaac, Douglas A. Norton (ed.) Experiments on Energy, the Environment, and Sustainability (Research in Experimental Economics, Volume 14), Emerald Group Publishing Limited, pp.11-36.
- A Database for a Changing Economy: Review of the Occupational Information Network (O*NET), Nancy T. Tippins and Margaret L. Hilton, Editors; Panel to Review the Occupational Information Network (O*NET); National Research Council, 2010. [Member of the review panel organized by the Committee on National Statistics of the National Research Council.]
- An Experimental Analysis of Auctions versus Grandfathering to Assign Pollution Permits, with Dallas Burtraw, Charlie Holt, Erica Myers, Jacob Goeree, and Karen Palmer. Journal of the European Economic Association Vol. 8, No. 2-3: 514-525 (April/May 2010).
- An Experimental Analysis of Auctioning Emissions Allowances under a Loose Cap (2010), William Shobe, Dallas Burtraw, Charlie Holt, Jacob Goeree, Karen Palmer and Erica Myers. Agricultural and Resource Economics Review Vol. 39, No. 2: 162-175.
- Collusion in Auctions for Emission Permits: An Experimental Analysis, with Dallas Burtraw, Charlie Holt, Jacob Goeree, Karen Palmer and Erica Myers. Journal of Policy Analysis and Management, Vol. 28, No. 4: 672-691 (2009).
- The Design, Testing, and Implementation of Virginia's NOx Allowance Auction, with David Porter, Stephen Rassenti, Vernon Smith, and Abel Winn. Journal of Economic Behavior & Organization, Vol. 69, No. 2, pp. 190 - 200 (2009).
- Auction Design for Selling CO2 Emission allowances Under the Regional Greenhouse Gas Initiative, with Dallas Burtraw, Charlie Holt, Jacob Goeree, and Karen Palmer. Research sponsored by the New York State Energy Research and Development Agency (October 2007).
Mark Thomas
Professor of History and Economics
Office Address
Nau Hall, Room 381
Hours: Tuesdays, 3:30 - 5:00pm (and by appointment) in Nau Hall, rm 381Fields of Interest
British Economic, US Business and Economic, International Economic, Australia
Education
- B.A. Oxford 1976
- M.A. Cornell 1979
- D.Phil. Oxford 1984
Francis (Frank) Warnock
James C. Wheat, Jr. Professor of Business Administration
Office Address
Darden School, FOB 298D
Fields of Interest
International Finance; International Portfolio Allocation; Capital Flows; Financial Sector Development
James (Jim) Wyckoff
Director of Center on Education Policy and Workforce Competitiveness
,
Professor
Office Address
Olsson Hall, room 238C
Gabriela Barbosa
Roisin McCord
Ganna "Anya" Prykhodko
Tony Pyle
Ariel Salvaro
Jennifer Jones
Director, Economics Career Office
Office Address
Monroe Hall, Room 228
Hours: Please see Handshake for appointment availability.Fields of Interest
Career Development, Leadership, Entrepreneurship
Education
Master of Education, University of Virginia
Master of Science in English Education, Hofstra University
Bachelor of Arts, University at Albany
Certified in MBTI
Biography
Jennifer Jones directs the activities of the Economics Career Office (ECO) to equip majors with tools and resources to successfully reach the next steps in their career planning. Jen partners with faculty, alumni, employers, and other career offices on the grounds toward this goal. She was hired in 2013 to spearhead this effort after funding was provided by many enthusiastic and committed donors through the leadership of Professors Ken Elzinga and Charlie Holt.
Jen returned to the University of Virginia (U.Va.) in 2013 after working as the Director of Student Career Services for Columbia University’s School of International and Public Affairs (SIPA). Before that time she worked as a fundraiser for U.Va. and served in several roles, including Associate Director for Corporate Relations, and Senior Major Gift Officer for the College and Graduate School of Arts & Sciences.
Fortunate to work alongside University volunteers, trustees, faculty, foundations, and corporations, Jen assisted in raising money for research funding, building projects, new undergraduate courses and programming, and in support of academic positions. She began her career at U.Va. working in the U.Va. Career Center office managing the Employer Relations Team and the On-Grounds Interviewing Program.
Jen has been recognized by the Eastern Association of Colleges and Employers (EACE) with the association’s award for Innovation and is energized by designing creative and customized career programs to meet students’ needs in an ever-evolving economy. Jen holds a Master’s degree in Education from U.Va. and a Master’s degree in English Education from Hofstra University. She and her husband founded the Big Blue Door Improv Comedy School and Theater in Charlottesville in 2012. She spends as much time as possible with her 12-year old daughter.
Debby (Debs) Stanford
Administrative Coordinator
Office Address
Monroe Hall, Room 237
Kerem Cosar
Professor
Office Address
Monroe Hall, room 242
Hours: Tuesday 11:00am - 12:00pmFields of Interest
International Trade, Economic Geography, Industrial Organization
Education
Working Papers
Link to Prof. Cosar's Research Page
Sandip Sukhtankar
Professor, Director of Graduate Admissions
Office Address
Monroe Hall, room 330
Hours: By appointment onlyFields of Interest
Development Economics, Political Economy, Applied Microeconomics
Education
Jonathan Colmer
Assistant Professor
Office Address
Monroe Hall, Room 332
Hours: https://calendly.com/jonathan-colmer/graduate-student-meetingsFields of Interest
Environmental Economics, Development Economics, Public Economics, Labor Economics, International Trade
Education
PhD, London School of Economics & Political Science (2016)
David Mills
Professor
Selected Publications
- Ownership Arrangements and Congestion-Prone Facilities, American Economic Review 71 (1981) 493-502.
- "Industry Structure with Fluctuating Demand," (with Laurence Schumann), American Economic Review 75 (1985) 758-767.
- "Capacity Expansion and the Size of Plants," RAND Journal of Economics 21 (1990) 555-566.
- "Why Retailers Sell Private Labels," Journal of Economics and Management Strategy 4 (1995) 509-528.
- "Price Wars Triggered by Entry," (with Kenneth G. Elzinga), International Journal of Industrial Organization 17 (1999) 179-198.
- “The Lerner Index of Monopoly Power: Origins and Uses,” (with Kenneth G. Elzinga), American Economic Review: Papers and Proceedings 101 (2011) 558-564.
- “Countervailing Power and Chain Stores,” Review of Industrial Organization, 42 (2013) 281-295.
- “Antitrust Predation and The Antitrust Paradox,” (with Kenneth G. Elzinga) Journal of Law and Economics 57 (2014)
- “Inducing Cooperation with a Carrot Instead of a Stick,” Review of Industrial Organization, 50 (2017) 245-261
William (Ben) Chenault
Fields of Interest
Environmental Economics, Public Economics, Agricultural Economics
Education
PhD expected May 2024
BA, Economics, Virginia Tech- 2018
MA, Economics, University of Virginia- 2019
Job Market Paper
The Displacement Effects of Regulating Land Development: Evidence from Municipal Stormwater permitsMrithyunjayan Nilayamgode
Fields of Interest
Financial Economics, Macroeconomics Theory, Finance
Education
PhD expected May 2024, University of Virginia
Job Market Paper
Collateral and Punishment: Coexistence in General EquilibriumLee Coppock
Professor
Office Address
Monroe Hall, Room 210
Hours: Tuesday and Thursday 2:00 - 3:30pm or by appointmentFields of Interest
Principles of Macroeconomics and the Teaching of Economics
Education
Selected Publications
Selected Publications
-
"Teaching Principles of Macroeconomics after COVID-19,” Journal of Economic Education, Forthcoming
- “Capital Constraints and Asset Bubbles: An Experimental Study,” with Daniel Harper and Charles Holt, Journal of Economic Behavior and Organization, 2021
- “Teaching Modules for Principles of Economics,” with Dirk Mateer, Journal of Economics Teaching, 2021
- "Principles of Economics", with Dirk Mateer, W.W. Norton, 2013
David Chapman
Professor of Commerce; Area Coordinator - Finance
Office Address
McIntire School of Commerce, Robertson & Rouss Hall
Fields of Interest
Finance, Asset Pricing Theory, Portfolio Theory
Education
PhD., Business Administration, University of Rochester
M.S., Applied Economics, University of Rochester
Leland Farmer
Assistant Professor
Office Address
Monroe Hall, Room 240
Hours: Thursday 1:00 - 2:30pm or by appointmentFields of Interest
Macroeconomics, Finance, Econometrics, Computational Economics
Education
- Ph.D. Economics - University of California, San Diego, 2017
- B.S. Mathematical and Computational Science, with Honors, Minor in Economics - Stanford University, 2011
Jenna Blochowicz
Fields of Interest
Industrial Organization, Econometrics, Microeconomics
Education
PhD expected May 2024, University of Virginia
MA, Economics, University of Virginia- 2019
MA, Economic Theory, ITAM- 2018
BA, Economics, Boston College- 2015
Job Market Paper
Bargaining for Exclusive Rights in Two-Sided Markets: The case of the NFL and Broadcast Channels"?Ishita Gambhir
Fields of Interest
Development Economics, Political Economy, Applied Microeconomics
Jessica Montgomery
Fields of Interest
Development, Applied Microeconomics, Public
Education
PhD expected May 2025, University of Virginia
MA, Economics, Western Kentucky University- 2017
BA, Economics, Western Kentucky University- 2016
Job Market Paper
Coase in the Coal Fields? Historical Property Institutions in Appalachia and Long-Run DevelopmentYutong Chen
Fields of Interest
Development Economics, Labor Economics, Health Economics
Education
PhD expected May 2024, University of Virginia
MHS, Health Economics, John Hopkins University- 2018
BA, Economics, Waseda University Japan- 2017
Job Market Paper
Digitalization as a Double-Edged Sword: Winning Services and Losing Manufacturing in IndiaYong Hoon Cho
Fields of Interest
Monetary Policy, Fiscal Policy, Price Level/inflation
Education
BA, Economics, Indiana University- 2017
BA, Mathematics, Indiana University- 2017
Job Market Paper
The Optimal Supply of government bonds: collateralization and overaccumulation of capitalSnigdha Das
Fields of Interest
Applied Microeconomics, Experimental Economics, Public Economics
Education
PhD expected May 2024 University of Virginia
BA, Economics, University of Delhi- 2018
MA, Economics, University of Virginia- 2019
Job Market Paper
Common Pool Corruption and the Golden goose effectYi Ping
Fields of Interest
Macroeconomics, Financial Economics, Computational Economics
Education
PhD expected May 2024
MA, Economics, University of Virginia 2019
MA, Economics, University of Texas at Austin 2018
BA, Economics, Renmin University of China 2015
Job Market Paper
Leverage Cycle over the Life Cycle: A Quantitative Model of Endogenous LeverageJiafeng Wu
Advisors
Fields of Interest
Industrial Organization, Applied Microeconomics, Health Economics
Education
PhD expected May 2022
BS Economics, BA Mathematics, Arizona State University, 2017
Job Market Paper
"Price and Efficiency in a Market for Generic Drugs in China"Working Papers
“Lower Drug Prices but Higher Bills: An Unintended Policy Impact,” with Lichen Wang (UVa)
Siqi Yang
Fields of Interest
Development Economics, Environmental Economics
Education
PhD expected May 2024, University of Virginia
MA, Economics, Peking University, China, 2017
BA, Economics, Peking University, China, 2014
Job Market Paper
The Land Market Impacts of Large Water Transfer ProjectDonghyun Suh
Fields of Interest
Macroeconomics, Economics of AI, Economic Growth
Education
PhD expected May 2024, University of Virginia
M.A. in Economics, Yonsei University, 2018
B.A. in Economics, Yonsei University, 2014
Job Market Paper
Machines and Superstars: Technological Change and Top Labor IncomesLee Lockwood
Professor
Office Address
Monroe Hall, Room 339
Hours: On leaveFields of Interest
Public Finance, Labor Economics
Education
B.S. Industrial Engineering and Economics, Northwestern University
M.Sc. Economics, London School of Economics
Ph.D. Economics, University of Chicago
Selected Publications
Targeting with In-Kind Transfers: Evidence from Medicaid Home Care
April 2019 (with Ethan Lieber), American Economic Review, 109 (4): 1461-1485
NBER working paper #24267
Incidental Bequests and the Choice to Self-Insure Late-Life Risks
September 2018; American Economic Review, 108(9): 2513-2550.
NBER working paper #20745
Government Old-Age Support and Labor Supply: Evidence from the Old Age Assistance Program
August 2018 (with Daniel Fetter); American Economic Review, 108(8): 2174-2211.
Featured in the NBER Digest, in the NBER Reporter, as the AEA Chart of the Week, and by the Institute for Policy Research
NBER working paper #22132
Bequest Motives and the Annuity Puzzle
April 2012; Review of Economic Dynamics, 15(2): 226-243.
Geographic Variation in Health Care: The Role of Private Markets.
Spring 2010 (with Tomas Philipson, Seth Seabury, Darius Lakdawalla, and Dana Goldman)
Brookings Papers on Economic Activity, 325-361.
Tyler Wake
Fields of Interest
Macroeconomics, Financial Economics, Corporate Economics
Education
PhD expected May 2024
B.A. Mathematics, Economics. Ohio Wesleyan University, 2016
M.A. Economics, University of Virginia, 2019
Job Market Paper
Business Relationships, Trade Credit, and Idiosyncratic ShocksAnton Korinek
Professor
Office Address
Monroe Hall, Room 246
Hours: By appointment onlyFields of Interest
Artificial Intelligence, Inequality, Macroeconomics, International Finance, Financial Stabilty
Education
M.A., University of Vienna, 2000
Ph.D., Columbia University, 2007
Eric Leeper
Paul Goodloe McIntire Professor in Economics
Office Address
Monroe Hall, Room 252
Hours: By appointmentFields of Interest
Macroeconomics, Monetary and Fiscal Policy Analysis, Applied Time Series
Education
Bachelor of Science (BS) George Mason University
Doctor of Philosophy (PhD) University of Minnesota
Biography
Eric Leeper is the Paul Goodloe McIntire Professor in Economics at the University of Virginia, a position he began in 2018. He is also a Research Associate at the National Bureau of Economic Research, director of the Virginia Center for Economic Policy at the University of Virginia, an external advisor to the Swedish central bank, and a member of the Research Council of the Bundesbank.
His research focuses on theoretical and empirical models of macroeconomic policy, with special emphasis on monetary-fiscal policy interactions. One line of work focuses on a new mechanism—called the “fiscal theory of the price level”—by which fiscal policy can influence economic activity and inflation. Recent research examines the economic impacts of government spending, the macroeconomic consequences of alternative resolutions to long-run fiscal imbalances, and the modeling of the “fiscal limit” and sovereign risk.
Leeper received a Ph.D. in economics from the University of Minnesota in 1989 and a B.S. in economics from George Mason University in 1980. Prior to joining the faculty at Virginia, Leeper spent 23 years at Indiana University and eight years in the Federal Reserve System. Leeper was born in Isfahan, Iran, and spent his school-age years in Taiwan, Malaysia, Seattle, Hong Kong, and Northern Virginia.
In coming years, Leeper’s research will focus on the policies that allowed the United States to recover from the Great Depression and on a project with the International Monetary Fund to quantify fiscal limits across countries.
Selected Publications
“Equilibria Under ‘Active’ and ‘Passive’ Monetary and Fiscal Policies,” Journal of Monetary Economics 27(1): 129-147, 1991
“The Dynamic Impacts of Monetary Policy: An Exercise in Tentative Identification,” Journal of Political Economy 102(6): 1228-1247, 1994
“Fluctuating Macro Policies and the Fiscal Theory,” in Daron Acemoglu, Kenneth Rogoff and Michael Woodford, eds., NBER Macroeconomics Annual 2006 (Cambridge: MIT Press):
247-298
“Generalizing the Taylor Principle,” American Economic Review 97(3): 607-635, 2007
“Fiscal Foresight and Information Flows,” Econometrica 81(3): 1115–1145, 2013
“Clearing Up the Fiscal Multiplier Morass,” American Economic Review 107(8): 2409–2454, 2017
Lidia Kosenkova
Assistant Professor
Office Address
Monroe Hall, Room 247
Hours: Tuesday 8:00 - 10:00amFields of Interest
Econometric Theory, Applied Econometrics, Empirical Industrial Organization
Education
Bachelor of Science (BS) in Mathematics and Computer Science- Moscow State University, Moscow, Russia
Masters Degree in Economics (MA)-New Economic School, Moscow, Russia
Doctor of Philosophy (PhD), Pennsylvania State University, PA
Sally Hudson
Assistant Professor of Public Policy, Education, and Economics
Office Address
Garrett Hall, Room L032
Fields of Interest
Labor and Public Economics and Applied Econometrics
Sebastian Tello-Trillo
Assistant Professor of Public Policy and Economics
Office Address
Garrett Hall, Room L031
Fields of Interest
Health Economics, Development Economics, Public Economics
Kinda Hachem
Associate Professor of Business Administration
Office Address
Darden School of Business, FOB 262
Fields of Interest
Macroeconomics, Banking and Monetary Economics
Dylan McGee
Visiting Faculty
Office Address
Monroe Hall, Room 211
Hours: Monday 1:00 - 3:00pm; Thursday 3:30- 4:30pm, Hours: Zoom: by Request: Friday 10:00am - 11:00amAshley Watkins
Department Finance and Administration Manager
Office Address
Monroe Hall, Room 233
Biography
Major(s): Computer Science and Economics
Hometown: Medford, NJ
Passions: Skiing, Playing Piano, Cooking
Allison Sullivan
Biography
Majors: Economics, Global Public Health; Minor: Global Sustainability
Hometown: Richmond, VA
Fun Fact: My favorite food is pancakes, and I'm a certified EMT (unrelated, but still fun!)
Biography
Majors: Economics and Psychology
Minor: Environmental Science
Hometown: Centreville, Virginia
Things I enjoy: Gardening, Yoga, Bees, and Board Games!
Joe Anderson
Education
MBA (Finance Certificate), Creighton University, 2016
BBA, Economics (Public Policy Emphasis), University of Georgia, 2013
Selected Publications
"Regressive Effects of Regulation on Wages" with James Bailey and Diana Thomas, Public Choice, 2019, 180(1): 91-103
Shan Aman-Rana
Assistant Professor
Office Address
Monroe Hall, Room 248
Hours: Wednesday 11:30am - 12:30pmFields of Interest
Development Economics, Organisational Economics and Political Economy
Education
London School of Economics, PhD (2019),
London School of Economics MRes Economics (2014)
London School of Economics MSc. Economics (2011)
Gaurav Chiplunkar
Assistant Professor
Office Address
Darden Business School
Fields of Interest
Development and Labor Economics
Siying Liu
Postdoctoral Fellow, Wake Forest University; UVA PhD, 2018
Fields of Interest
Health Economics, Industrial Organization, Public Health, Applied Econometrics
Education
PhD in Economics, University of Virginia (2018)
MA in Economics, University of Virginia (2013)
BS in Mathematics and Economics, Wuhan University (2011)
Job Market Paper
“Entry Decisions and Incumbents' Responses: Evidence from the Outpatient Surgery Market”Working Papers
"Entry Decisions and Incumbents' Responses: Evidence from the Outpatient Surgery Market”
“Can Growth Conquer All? The Pollution-Mortality Relationship in High-Income High-Pollution Hong Kong,” with Jonathan Colmer, Dajun Lin and Jay P. Shimshack
Selected Publications
“Opioid Deaths and Local Health Care Intensity: A Longitudinal Analysis of the U.S. Population, 2003-2014,” with Dajun Lin and Christopher J. Ruhm. Forthcoming at American Journal of Preventive Medicine.
“Breastfeeding, Schooling and Income: Insights from the Indonesian Family Life Survey,” with Randall Lutter, Christopher J. Ruhm and Dajun Lin, Maternal & Child Nutrition, 15.1(2019): e12651.
Bengt Söderlund
Post-doctoral Researcher
Fields of Interest
International Trade, Applied Microeconomics, Economic Geography
Education
PhD in Economics, Stockholm School of Economics (2019)
BA in Economics, Stockholm School of Economics (2012)
Job Market Paper
“The Importance of Business Travel for Trade: Evidence from the Liberalization of the Soviet Airspace”Selected Publications
“Capital Freedom, Financial Development and Provincial Economic Growth in China,” with Patrik Tingvall (The World Economy, 2017)
“Redirecting International Trade: Contracts, Conflicts and Institutions,” with Patrik Tingvall and Ari Kokko (Journal of Economics and Statistics, 2014)
“Dynamic Effects of Institutions on Firm-Level Exports,” with Patrik Tingvall (Review of World Economics, 2014)
Stefan Ruediger
Visiting Faculty
Office Address
Monroe Hall, Room 211
Hours: Wednesday 11:00am - 1:00pmMegan Stevenson
Associate Professor of Law
,
Associate Professor of Economics
Education
-
Ph.D.University of California at Berkeley 2016
-
M.S.University of California at Berkeley 2011
-
B.A.University of California at Berkeley 2009
Kristina Johnson
Graduate Coordinator
Office Address
Monroe Hall, room 249
Julie Holland Mortimer
Kenneth G. Elzinga Professor in Economics and the Law
Office Address
Monroe Hall, Room 250
Hours: By Appointment onlyFields of Interest
Empirical Industrial Organization
Education
Bachelor of Arts (BA), Carleton College
Master of Arts (MA), University of California, Los Angeles
Doctor of Philosophy (PhD), University of California, Los Angeles
Selected Publications
Efficiency and Foreclosure Effects of Vertical Rebates: Empirical Evidence,' with Christopher T. Conlon, Journal of Political Economy, Vol. 129, No. 12, (2021): 3357-3404.
'Empirical Properties of Diversion Ratios,' with Christopher T. Conlon, RAND Journal of Economics, Vol 52, Issue 4 (2021): 693-726.
'Infringing Use as a Path to Legal Consumption: Evidence from a Field Experiment,' with Hong Luo, Journal of Economics and Management Strategy (2021).
'Empirical Evidence on Conditional Pricing Practices,' with Bogdan Genchev, Anti-trust Law Journal, Vol 81, No 2 (2017): 343-370.
'Copyright Enforcement: Evidence from Two Field Experiments,' with Hong Luo, Journal of Economics and Management Strategy, Vol 26, Issue 2 (2017): 499-528.
William Shobe
Visiting Faculty
Office Address
Monroe Hall, Room 219
Hours: By appointmentNoah Myung
Associate Professor of Public Policy and Economics
Office Address
Garrett Hall, Room L005
Fields of Interest
Experimental Economics, Applied Game Theory, Defense Economics
Education
Ph.D, California Institute of Technology
MS, California Institute of Technology
BS, University of California, Los Angeles
Derek Wu
Assistant Professor of Public Policy and Economics
Office Address
Garrett Hall, Room 007
Fields of Interest
Public Economics, Labor Economics
Education
University of Chicago, Ph.D. (2021)
Princeton University, A.B. (2013)
Bo Sun
Associate Professor of Business Administration
Office Address
Darden School of Business, Room 233
Fields of Interest
Information Economics, Finance and Macroeconomics
Education
Ph.D. Economics, University of Virginia.
Minjung Kim
Visiting Scholar
Office Address
Monroe Hall, room 112
Sushma Shukla
Visiting Faculty
Office Address
Monroe Hall, Room 219
Hours: Friday 10:00 - 12:00pm via Zoom (https://virginia.zoom.us/my/prof.shukla )Jennifer Wise
Undergraduate Coordinator
Office Address
Monroe Hall, Room 209
Hours: Walk in hours: Tue/Thu 1-2:30pm Wed 9-10:30amFelipe Saffie
Asst. Professor of Business Adminstration
Office Address
Darden School, FOB 197
Emma Harrington
Assistant Professor
Office Address
Monroe Hall, Room 255
Hours: Tuesday 2:00 - 4:00pm or by appointmentFields of Interest
Labor, Personnel, Law & Economicvs, and Crime
Education
- Bachelor of Arts (BA), Williams College
- Doctor of Philosophy (PhD), Harvard University
Vladimir Smirnyagin
Assistant Professor
Office Address
Monroe Hall, room 222
Hours: Monday 10:00am - 12:00pmFields of Interest
Macro, Finance
Education
Higher School of Economics (B.A.)
New Economic School (M.A.)
University of Minnesota (Ph.D.)
Ella O’Hanlon
Biography
Name: Ella O’Hanlon
Year: Third-Year
Major: Economics
Minor: Computer Science
Hometown: Milton, MA
Short Bio: Ella is a third year economics major who has served as the Treasurer of the Girls Who Code club for the past two years. She also tutors middle school students in French once a week and served as a Research Assistant for the department of Computer Science during her second year. Ella’s favorite economics course at UVA was intermediate microeconomics. She joined ECOSAB this year because of her love for economics and great experience at events that ECOSAB helped create!
Ella O’Hanlon
Biography
Name: Ella O’Hanlon
Year: Third-Year
Major: Economics
Minor: Computer Science
Hometown: Milton, MA
Short Bio: Ella is a third year economics major who has served as the Treasurer of the Girls Who Code club for the past two years. She also tutors middle school students in French once a week and served as a Research Assistant for the department of Computer Science during her second year. Ella’s favorite economics course at UVA was intermediate microeconomics. She joined ECOSAB this year because of her love for economics and great experience at events that ECOSAB helped create!
Rachel Choi
Biography
Name: Rachel Choi
Year: Fourth Year
Major: Economics
Minor: Government
Hometown: Fairfax, VA
Short Bio: Rachel serves as Co-Chair of the ECO Student Advisory Board, where she helps inform ECO programming and decision making. She is also a member of the club field hockey team at UVA and founder of the undergraduate Women in Econ Club. Rachel has been a part of the ECOSAB since her second year, and she hopes to give back to the Economics department as it has afforded her many career and personal development opportunities.
Abbie Copperthite
Biography
Name: Abbie Copperthite
Year: First-Year
Major: Economics
Hometown: Chesapeake, Virginia
Short Bio: Abbie is a member of the Women’s Business Forum at McIntire. She is also a new member of the ECO Student Advisory Board, where she is excited to help plan ECO events that can educate and assist her peers with their career goals. An ECO project that Abbie is excited for is the Career Forum in the spring.
Krishna Mohan Bhamidipati
Biography
Name: Krishna Mohan Bhamidipati
Year: Second-Year
Major: Economics and Applied Statistics
Minor: Mathematics
Hometown: Herndon, Virginia
Short Bio: Krishna works as an RA with PHD Candidate Ashwin Nair and can also be found working in the many mailrooms on grounds. He is also involved with the Virginia Consulting Group, Alfred Marshall Society, and Greek Life. Krishna joined ECOSAB this year after attending and volunteering at the Career Forum last year. His favorite economics course at UVA was Mathematical Microeconomics and is excited to share his passion for UVA's Economic Department with Current Students, Alumni, and Faculty.
Ritvik Thakur
Biography
Name: Ritvik Thakur
Year: Third-Year
Major: Economics
Minor: Data Science
Hometown: Bristow, VA
Short Bio: Ritvik serves as an undergraduate teaching fellow for principles of microeconomics and macroeconomics. He joined the ECOSAB to get more involved in the economics community at UVa, and he wants to share his excitement about the economics with others. He can be found being an economics nerd at Alfred Marshall Society and when he is teaching his students. He is also an avid climber and gets outside on rock whenever he can.
Calvin Roe
Biography
Name: Calvin Roe
Year: Second-Year
Major: Economics and Applied Statistics
Hometown: Oak Park, Il
Short Bio: Calvin is a sports reporter for the Cavalier Daily and president of club men’s ultimate frisbee at UVA. In the classroom, he is passionate about modeling how the world works through economic concepts. He is grateful for all the exceptional resources of the Economics Career Office and hopes to share his love for the major in his time with ECOSAB.
JP Hoffman
Biography
Name: JP Hoffman
Year: Second-Year
Major: Economics
Minor: Statistics and Urban & Environmental Planning
Hometown: Orlando, FL
Short Bio: JP serves as co-president of the Economics Club at UVA, where he is passionate about bringing a love of economics to students of all disciplines. Working alongside the ECO, he hopes to strengthen the connection between students, employers, and professors. Outside of economics, JP is involved in SEED Consulting, the Jefferson Society, and music.
Mark Plant
Visiting Faculty
Office Address
Monroe Hall, Room 220
Hours: Thursday 1:30 - 3:00pmGraham Lea
Assitant to Kenneth Elzinga
Office Address
Monroe Hall, Room 214