
John Pepper
Merrill S. Bankard Professor; Dept. Chair
Office Address
Monroe Hall, Room 234
Hours: Tuesday and Thursday 5:00 - 6:15pm 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 - 2:30 pm or By appointment onlyFields of Interest
Advertising, Search and Information, Price Dispersion, Media Economics, Industrial Organization
Education
Working Papers
Ad Clutter, Time Use, and Media Diversity, (with Martin Peitz), CEPR Discussion Paper 15130
Choosing a Champion: Party Membership and Policy Platform, (with Kieron J. Meagher), CEPR Discussion Paper 8941
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.
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.
Selected Publications
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)

Gaurab Aryal
Assistant Professor
Office Address
Monroe Hall, Room 255
Hours: ECON 4195: Monday 2:00-3:15pm, Hours: ECON 4020: Monday 5:00-6:30pm or by appointment, Hours: ECON: 8180: By appointment onlyFields of Interest
Empirical Industrial Organization
Education

Zach Bethune
Assistant Professor
Office Address
Monroe Hall, Room 339
Hours: By appointmentFields of Interest
Macroeconomics, Monetary Theory, Labor Economics, Credit Markets
Education
Working Papers
“Consumer Credit, Unemployment, and Aggregate Labor Market Dynamics”
“Dynamic Indeterminacy and Welfare in Credit Economies” (with T.W. Hu and G. Rocheteau)
Selected Publications
"Aggregate Unemployment and Household Unsecured Debt” (with G. Rocheteau and P. Rupert), Review of Economic Dynamics (Special Issue on Money, Credit, and Financial Frictions), 2015
Frictional Goods Markets: Theory and Applications (with Michael Choi, University of California, Irvine and Randall Wright, Zhejiang University, University of Wisconsin-Madison and FRB Minneapolis) Posted in Review of Economic Studies, September 9, 2019

Karim Chalak
Assistant Professor
Office Address
Monroe Hall, Room 256
Hours: Monday and Wednesday 2;15 - 3:15pm or by appointmentFields of Interest
Econometric Theory, Applied Econometrics, Causal Inference
Education
Working Papers
- Chalak, K. and D. Kim (2020), ''Measurement Error in Multiple Equations: Tobin's q and Corporate Investment, Saving, and Debt,'' Journal of Econometrics, 214, 413-432. (Link).
- Chalak, K. (2019), ''A Note on the Robustness of Quantile Treatment Effect Estimands,'' Economics Letters, 185, Article 108703. (Link).
- Chalak, K. and D. Kim (2019), ''Measurement Error without the Proxy Exclusion Restriction,'' Journal of Business and Economic Statistics, forthcoming. (Link).
- Chalak, K. (2019), ''Identification of Average Effects under Magnitude and Sign Restrictions on Confounding,'' Quantitative Economics, 10, 1619-1657. (Link).
- Chalak, K. (2017), ''Instrumental Variables Methods with Heterogeneity and Mismeasured Instruments,'' Econometric Theory, 33, 69-104. (Link).
- White, H., H. Xu, and K. Chalak (2014), ''Causal Discourse in a Game of Incomplete Information,'' Journal of Econometrics, 182, 45-58. (Link).

Federico Ciliberto
Professor
Office Address
Monroe Hall, Room 220
Hours: Monday 8:00 - 10:00amFields of Interest
Empirical Industrial Organization, Applied Microeconomics, Applied Econometrics
Education
Working Papers
“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 paper was awarded the Quality of Research Discovery Award by the Agricultural and Applied Economic Association in 2020.
“Genetically Engineered Crops and Pesticide Use in U.S. Maize and Soybeans,” with David A. Hennessy (Michigan State University), GianCarlo Moschini (Iowa State University), and Edward D. Perry (Kansas State University), Science Advances, 31 Aug 2016, Vol. 2, no. 8.
“Push-Me Pull-You: Comparative Advertising in the OTC Analgesics Industry,” CEPR Discussion Paper 8988, with Simon Anderson (University of Virginia), Jura Liaukonyte (Cornell University), and Regis Renault (Université de Cergy-Pontoise), Rand Journal of Economics, Volume 47, Issue 4, Winter 2016, PP. 1029-1056.
“Playing the Fertility Game At Work,” CEPR Discussion Paper 9429, with Amalia Miller (University of Virginia), Helena Skyt Nielsen and Marianne Simonsen (Aarhus University, Denmark), International Economic Review, Volume 57, Issue 3, August 2016, pages 827-856.
“Does Multi-Market Contact Facilitate Tacit Collusion? Inference on Conduct Parameters in the Airline Industry,” with Jonathan Williams (University of North Carolina), The RAND Journal of Economics, Volume 45, Issue 4, pages 764–791, Winter 2014.
“Information Content of Advertising: Empirical Evidence from the OTC Analgesic Industry,” with Simon P. Anderson (University of Virginia), Jura Liaukonyte (Cornell University), International Journal of Industrial Organization, Volume 31, Issue 5, September 2013, Pages 355–367. [Lead Article].
“Limited Access to Airport Facilities and Market Power in the Airline Industry,” with Jonathan Williams (University of North Carolina). The Journal of Law and Economics, Volume 53, Number 3 (August 2010), pp. 467-495.
“Public Policy and Market Competition: How the Master Settlement Agreement Changed the Cigarette Industry,” with Nick Kuminoff (Arizona State University), The B.E. Journal of Economic Analysis & Policy: Vol. 10 : Iss. 1 (Frontiers), Article 63, 2010.

Kenneth Elzinga
Robert C. Taylor Professor of Economics
Office Address
Monroe Hall, Room 216
Hours: Tuesday and Thursday 2:30 - 5:00pmFields 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: Tuesday 3:30 - 4:45pm or by appointmentFields 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 222
Hours: Tuesday and Thursday 9:30-10:45 (Zoom)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: Tuesday and Thursday 11:00am - 12:00pmFields 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
Office Address
Monroe Hall, Room 215
Hours: Tuesday 3:30 - 5:00 Zoom Meeting ID 986 8949 8128, Passcode: 646569, Hours: Thursday 3:00 - 4:00pm Zoom Meeting ID 986 8949 8128, Passcode: 646569Fields 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 10:30 - 11:30am or by appointmentFields 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 2018 Thomas Jefferson Award for Scholarship, and the 2008 Kenneth G. Elzinga Teaching 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
Georgia S. Bankard Professor
Office Address
Monroe Hall, Room 232
Hours: Monday 3:30 - 5:00pmFields 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

Andrew Kloosterman
Assistant Professor
Office Address
Monroe Hall, Room 211
Hours: Thursday 1:30 -2:30pmFields of Interest
Microeconomic Theory, Experimental Economics, Dynamic Games
Education

John McLaren
Professor
Office Address
Monroe Hall, Room 226
Hours: Tuesday 4:00 - 5:00pmFields 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 - 3:00pm or by appointmentFields 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
Professor, Graduate Studies Director
Office Address
Monroe Hall, Room 239
Hours: Friday 11:00am - 12:00pmFields of Interest
Public Finance, Labor Economics, Health Economics, Industrial Organization
Education

Denis Nekipelov
Associate Professor
Office Address
Monroe Hall, Room 254
Hours: Monday 10:00am - 12:00pm
Edgar Olsen
Professor
Office Address
Monroe Hall, Room 250
Hours: Tuesday 12:00 - 2:30pmFields of Interest
Housing Markets and Policies, Welfare Policies
Education
Working Papers
- Does HUD Overpay for Voucher Units, and Will SAFMRs Reduce the Overpayment?
- Racial Rent Differences in U.S. Housing Markets
- Alleviating Poverty through Housing Policy Reform
- The Effect of Fundamental Housing Policy Reforms on Program Participation
- A Panel of Interarea Price Indices for All Areas in the United States 1982-2012 (.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)
Oped Pieces
Congressional Testimony
- U.S. Senate Budget Committee September 16, 2020
- House010621Oral12 (.pdf)
- Senate011129Oral12 (.pdf)
- House060215Oral12 (.pdf)
- Whither Public Housing? (.pdf)
- House030617Oral12 (.pdf)
- Senate080312Oral12 (.pdf)
- SenateAppropriationsSubcommittee160921OralFinal12 (.pdf)
- SenateBankingHousingUrbanAffairsSubcommittee160922OralFinal12 (.pdf)

Sheetal Sekhri
Associate Professor
Office Address
Monroe Hall, Room 258
Hours: By appointment onlyFields of Interest
Development Economics, Applied Microeconomics
Education

Peter Troyan
Associate Professor
Office Address
Monroe Hall, Room 340
Hours: Tuesday 1:30 -2:30pmFields 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: Monday 1:00 - 3:30pm ( online only)Education
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: Tuesday and Thursday 9:30 -10:30amFields of Interest
Open Economy, Macro Economics
Education

Eric Young
Professor
Office Address
Monroe Hall, Room 224
Hours: Monday 1:00 - 3:00pmFields 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
Lecturer, Blue Ridge Distinguished Teaching Fellow
Office Address
Monroe Hall, Room 205
Hours: Monday and Wednesday : 10;00 -11:30am or by appointment
Marc Santugini
Lecturer, Blue Ridge Distinguished Teaching Fellow
Office Address
Monroe Hall, Room 213
Hours: Econ 4170: Tuesdays and Thursday 11:00am-1:00pm, Hours: Econ 3010: Monday and Wednesday 9:00am-11:00am
Maria Westerfield
Visiting Lecturer
Office Address
Monroe Hall, Room 219
Hours: Tuesday and Thursday 2:10 - 3:10 in New Cabell 348, Hours: Or by appointment
Edwin 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 219
Hours: Monday and Wednesday 3:30 - 4:30pmFields 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

Hanna Charankevich
Fields of Interest
Industrial Organization, Political Economy, Applied Microeconomics
Education
PhD expected May 2021
MA Economics, University of Virgina, 2016
BA (Specialist), Analytical Economics, Belarus State Economic University, 2015
Working Papers
“Bid Manipulation in Open Procurement Auctions” (Job Market Paper)
“Procurements with Bidder Asymmetry in Cost and Risk-Aversion,” with Gaurab Aryal, Eugene Jeong and D-H Kim (submitted)

Brett Fischer
Advisors
Fields of Interest
Public Economics, Labor Economics, Political Economy
Education
PhD Economics, University of Virginia (expected 2021)
MA Economics, University of Virginia (2016)
BS Economics; BA Mathematics and English Literature, Arizona State University (2015)
Summa Cum Laude
Job Market Paper
"No Spending Without Representation: School Boards and the Racial Gap in Education Finance"Working Papers
“No Spending without Representation: School Boards and the Racial Gap in Education Finance,”
(R&R, AEJ: Economic Policy)
“Is There Racial Bias in Plea Bargaining—And Can Defense Attorneys Help Prevent It?” (Working Paper)
“Who Should Re-enroll in College?” (Under review) with Kelli Bird (UVa), Benjamin Castleman (UVa), and Benjamin Skinner (University of Florida)

Haruka Takayama
Advisors
Fields of Interest
International Trade, Industrial Organization, Labor Economics
Education
PhD expected May 2021
MA Economics, Boston University (2013)
BA Economics, Kobe University (2009)
Job Market Paper
"Greenfield or Brownfield? FDI Entry Mode and Intangible Capital"Working Papers
"An International Comparison of Entry Modes," with Yukiko Saito (RIETI Policy Discussion Paper 20-P-017 )
“FDI and the Local Labor Market: Japanese Automobile Plant Openings in the 1980s”

Ekaterina Khmelnitskaya
Advisors
Federico Ciliberto, Gaurab Aryal, Simon Anderson, Denis Nekipelov
Fields of Interest
Industrial Organization, Computational Economics, Applied Microeconomics
Education
PhD expected May 2021
MS Econ, Economic Science Institute, Chapman University, 2014
BS Econ, Higher School of Economics (Moscow), 2009
Job Market Paper
Competition and Attrition in Drug DevelopmentWorking Papers
"Common Subcontracting and Competition in the Airline Industry," with Gaurab Aryal (UVA), Dennis J. Campbell (UVA) and Federico Ciliberto (UVA)
Selected Publications
"Global Concavity and Optimization in a Class of Dynamic Discrete Choice Models," with Yiding Feng (Northwestern University) and Denis Nekipelov (UVA) (Proceedings of the 37th International Conference on Machine Learning, Online, PMLR 119, 2020)

Seunghyeon Lee
Advisors
Fields of Interest
Macroeconomics, Monetary Economics, Applied Time Series
Education
PhD expected May 2021
MA Economics, University of Virginia (2017)
BA Economics, BS Statistics, Seoul National University (2008)
Working Papers
"Optimal Monetary Policy under Heterogeneous Consumption Baskets" (Job Market Paper)
"Monetary Non-Neutrality in a Multisector Economy: The Role of Risk-Sharing," with Jae Won Lee

Moogdho Mahzab
Fields of Interest
Development Economics, Political Economy, Applied Microeconomics
Education
PhD expected May 2021
MA Economics, University of Virginia, 2016
MA Policy Economics, Williams College, 2014
BSS Economics, University of Dhaka, 2010
Job Market Paper
"Dishonesty and public goods provision: A tale of tax evading politicians”Working Papers
"Balancing lives and livelihoods using contagion risk based COVID-19 management: A study on Bangladesh,” with A. Shonchoy (FIU) & T. Mahmod (TTU) (Submitted)
"Size and growth of middle class in Bangladesh: Trends, drivers and policy implications,” with Binayak Sen (BIDS, IFPRI) & Iqbal Hossain (U of Manitoba)

Roisin McCord

Melissa Spencer
Advisors
Fields of Interest
Health Economics, Labor Economics, Applied Econometrics
Education
PhD expected May 2021
MA in Economics, University of Virginia (2016)
BA in Economics and Women's Leadership, Clemson University (2015)
Working Papers
“Safer Sex? The Effect of AIDS Risk on Birth Rates” (Job Market Paper)
“Effects of the COVID-19 Pandemic on Domestic Violence in US Cities,” with Amalia Miller (UVA) and Carmit Segal (University of Zurich)
“The Effect of Tasers on Fatal Police Encounters”
“The Effect of Abortion Restrictions on Maternal Inputs,” with Rebecca Brough (Notre Dame)

Divya Pandey
Advisors
Fields of Interest
Development Economics, Applied Microeconomics
Education
PhD expected May 2021
MSc Economics & International Financial Economics, University of Warwick, 2014
BSc Economics (with Honors), University of Calcutta, 2012
Working Papers
“Reinforcing Gender Norms or Easing Housework Burdens? The Role of Mothers-in-Law in Determining Women’s Labor Force Participation,” with Madhulika Khanna (JMP)
"The Effects of Making Prenatal Sex-Detection Illegal In India"
“The Effects of Communal Riots on Human Capital Formation”

Ganna "Anya" Prykhodko

Tony Pyle

Ariel Salvaro

Sarah Lapp
Assistant to Kenneth Elzinga
Office Address
Monroe Hall, Room 214

Annamarie Black
Undergraduate Program Coordinator
Office Address
Monroe Hall, Room 253
Hours: By appointment: http://economics.virginia.edu/appointments
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 6-year-old daughter, Ellie Grace.

Matthew Slatosky
Monroe Hall Computer Engineer
Office Address
Monroe Hall, Room 217

Debby (Debs) Stanford
Administrative Coordinator
Office Address
Monroe Hall, Room 237

Christine Cheng
Biography
What are you involved in on-grounds?
Hackcville, CHN Yearbook Committee, Chinese Students & Scholars Society, Outdoors Club.
How has your economics experience been so far? Where do you hope to take your economics education?
What are your plans after graduation?
Planning on going to Grad School.
What has been your favorite topic or class in the department that you have taken?
I haven’t taken it yet, but I think Game Theory would be very interesting.
Do you have any advice for interested or newly declared majors?
Go to office hours and do not be afraid to ask questions
What is something interesting about you that people might not know?

Kerem Cosar
Professor
Office Address
Monroe Hall, room 242
Hours: Tuesday and Thursday 3:30 -4:30pmFields of Interest
International trade, Economic Geography, Industrial Organization
Education
Working Papers
Link to Prof. Cosar's Research Page

Sandip Sukhtankar
Associate Professor
Office Address
Monroe Hall, room 330
Hours: By appointmentFields of Interest
Development Economics, Political Economy, Applied Microeconomics
Education
Working Papers
- Improving last-mile service delivery using phone-based monitoring, with Karthik Muralidharan (UCSD), Paul Niehaus (UCSD), and Jeff Weaver (USC). Conditionally accepted.
[NBER Working paper] - Identity Verification Systems in Welfare Programs: Experimental Evidence from India, with Karthik Muralidharan and Paul Niehaus (both UCSD), under review.
[NBER Working paper] [Ungated Version] - General Equilibrium Effects of (Improving) Public Employment Programs: Experimental Evidence from India, with Karthik Muralidharan and Paul Niehaus (both UCSD), under review. [NBER Working paper] [Latest version] [Online Appendix]
- India's National Rural Employment Guarantee Scheme: What Do We Really Know about the World's Largest Workfare Program?
Brookings-NCAER India Policy Forum, vol 13, pp 231-86, July 2017. [Final pre-publication version] - Replications in Development Economics
American Economic Review Papers and Proceedings, vol 107, no 5, pp 32-36, May 2017. [Published version] [Final pre-publication version] - Building State Capacity: Evidence from Biometric Smartcards in India, with Paul Niehaus and Karthik Muralidharan (both UCSD).
American Economic Review, vol 106, no 10, pp 2895-2929, Oct 2016. [Published version] [NBER Working Paper w19999] [Final pre-publication version]

Jonathan Colmer
Assistant Professor
Office Address
Monroe Hall, Room 332
Hours: By appointmentFields of Interest
Environmental Economics, Development Economics, Public Economics, Labor Economics, International Trade
Education
PhD, London School of Economics & Political Science (2016)

Jae Won Lee
Assistant Professor
Office Address
Monroe Hall, Room 334
Hours: Friday 10:00am - 12:00pmFields of Interest
Macroeconomics, International Economics, Applied Time Series Analysis
Education
Working Papers
- Sectoral Price Facts in a Sticky-Price Model (with Carlos Carvalho and Woong Yong Park), American Economic Journal: Macroeconomics, forthcoming 2020. [Link to the article]
- The Cross-Sectional Distribution of Price Stickiness Implied by Aggregate Data (with Carlos Carvalho and Niels Dam), Review of Economics and Statistics 102(1): 162-179, 2020. [Link to the article]
- Policy Regimes, Policy Shifts, and U.S. Business Cycles (with Saroj Bhattarai and Woong Yong Park), Review of Economics and Statistics 98(5): 968-983, 2016. [Link to the article]
- Optimal Monetary Policy in a Currency Union with Interest Rate Spreads (with Saroj Bhattarai and Woong Yong Park), Journal of International Economics 96(2): 375-397, 2015. [Link to the article]
- Inflation Dynamics: The Role of Public Debt and Policy Regimes (with Saroj Bhattarai and Woong Yong Park), Journal of Monetary Economics 67: 93-108, 2014. [Link to the article]
- Price Indexation, Habit Formation, and the Generalized Taylor Principle (with Saroj Bhattarai and Woong Yong Park), Journal of Economic Dynamics and Control 48: 218-225, 2014. [Link to the article]
- Monetary Policy with Heterogeneous Households and Imperfect Risk-Sharing, Review of Economic Dynamics 17(3): 505-522, 2014.[Link to the article]
- Monetary-Fiscal Policy Interactions and Indeterminacy in Post-War U.S. Data (with Saroj Bhattarai and Woong Yong Park), American Economic Review (P&P) 102(3): 173-178, 2012. [Link to the article]
- Aggregate Implications of Heterogeneous Households in a Sticky-Price Model, Journal of Money, Credit and Banking 44(1): 1-22, 2012. [Link to the article]

Sano Nagai
Biography
What are you involved in on-grounds?
Program Coordinator for Economics Career Office (ECO), Virginia Dance Company, VISAS, Japan Club (Academic Chair), Women in Computing Science
What are your plans after graduation?
I plan on pursuing a career in business and technology, and am also interested in working abroad!
What has been your favorite topic or class in the department that you have taken?
ECON 4220 International Finance and Open Economy Macroeconomics with Professor Van Wincoop, and ECON 4020 Auction Theory with Professor Aryal
Do you have any advice for interested or newly declared majors?
Economics is a field of study that you can really do anything with, and because of that the major offers opportunities to not only study whatever you are interested in, but also connects you with so many people involved in various fields, adding to your human capital. Don’t be afraid to ask around and take advantage of all of the resources the Econ Department has to offer!
What is something interesting about you that people might not know?

David Mills
Professor
Office Address
Monroe Hall, room 218
Hours: Zoom meetings on Mondays and Tuesdays from 2:00 until 3:00 PM and beyond as neededFields of Interest
Industrial Organization, Microeconomic Theory
Education
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

Spencer Kennedy
Advisors
Fields of Interest
Economics of Education, Labor Economics, Public Economics
Education
PhD expected May 2021
MA Economics, University of Virginia, 2018
BA Economics with Honors, Kalamazoo College, 2016
Working Papers
“Silver Linings: The Quality of New Teacher Hires During Recessions” (Job Market Paper)

Luan Santos
Advisors
Fields of Interest
Applied Microeconomics, Public Economics, Development Economics
Education
PhD expected May 2021
MA Economics, University of Virginia, 2018
MS Economics, Universidade Federal do Ceará, 2016
BS Economics, Universidade Federal do Ceará, 2013
Working Papers
Deadly Politics: Political Connections, Intergovernmental Transfers, and Mortality (JMP)

Lee Coppock
Professor, Undergraduate Director
Office Address
Monroe Hall, Room 210
Hours: Tuesday and Thursday 2:00- 3:30pmFields of Interest
Public Choice and Public Economics
Education
Selected Publications
Selected Publications
- “Capital Constraints and Asset Bubbles: An Experimental Study,” with Daniel Harper and Charles Holt, Journal of Economic Behavior and Organization, forthcoming
- “Teaching Modules for Principles of Economics,” with Dirk Mateer, Journal of Economics Teaching, forthcoming
- "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: By appointment onlyFields 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

Anthony Swisher
Visiting Faculty
Office Address
Monroe Hall, Room 339
Hours: By appointment
Sage Bradburn
Graduate Program Coordinator
Office Address
Monroe Hall, Room 249

Lee Lockwood
Associate Professor
Office Address
Monroe Hall, Room 248
Hours: On Leave- By appointment onlyFields 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.

Anton Korinek
Associate Professor
Office Address
Monroe Hall, Room 246
Hours: By appointmentFields 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: Monday and Wednesday 10:30 - 11:30amFields 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 and Thursday 8:00 - 9:00 amFields 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

Adam Leive
Assistant Professor of Public Policy and Economics
Office Address
Garrett Hall, Room 109
Fields of Interest
Health Economics, Public Economics

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 219
Hours: Monday and Wednesday 9:00 - 10:00am
Ashley 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

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 336
Hours: Wednesday 3:00 - 4:00pmFields 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)

Steven Peterson
Visiting Faculty
Office Address
Monroe Hall, Room 219
Hours: Zoom: Monday and Wednesday 7:00 - 8:00pm or by appointment
Michael Moore
Visiting Faculty
Office Address
Monroe Hall, Room 219
Hours: Zoom: By appointment only
Julia Devlin
Visiting Faculty
Office Address
Monroe Hall, Room 219
Hours: Thursday 3:00 - 4:00 or by appointment
Terence Johnson
Visiting Faculty
Office Address
Monroe Hall , Room 209
Hours: Zoom: Wednesday 10:00- 11:30am and 3:00 - 4:30pm