John Pepper
Merrill S. Bankard Professor; Dept. Chair
Office Address
Monroe Hall, Room 234
Hours: Monday 10:00-11:00amFields of Interest
Social Program Evaluation, Econometrics, Public Economics
Education
Publications
- “The Effect of Dental Insurance on the Use of Dental Care For Older Adults: A Partial Identification Analysis,” (with Brent Kreider, Richard Manski, and John Moeller), Health Economics, forthcoming.
- “The Effect of Vocation Rehabilitation for People with Cognitive Impairments,” (with David Dean, Robert Schmidt, and Steven Stern), International Economic Review, forthcoming.
- “Deterrence and the Death Penalty: Partial Identification Analysis Using Repeated Cross Sections,” (with Charles Manski), Journal of Quantitative Criminology, 2013, Volume 29, Issue 1, 123-141.
- “Identifying the Effects of Food Stamps on the Nutritional Health of Children when Program Participation is Misreported,” (with Craig Gunderson, Dean Jolliffe, and Brent Kreider), Journal of the American Statistical Association, September 2012, 107:499, 958-975.
- “The Impact of the National School Lunch Program on Child Health: A Nonparametric Bounds Analysis,” (with Craig Gunderson and Brent Kreider), Journal of Econometrics, 2012, 166: 79-91.
- “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.
- “Slippery When Wet: The Effects of Local Alcohol Access Laws on Highway Safety,” (with Reagan Baughman, Michael Conlin and Stacy Dickert-Conlin), Journal of Health Economics, November 2001, 1089-1096.
- “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.
Lee Coppock
Professor, Undergraduate Director
Office Address
Monroe Hall, Room 210
Hours: Tuesday and Thursday 2:00-3:30pm or by appointmentFields of Interest
Public Choice and Public Economics
Education
Publications
Selected Publications
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"Principles of Economics", with Dirk Mateer, W.W. Norton, (2013)
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“The Tax Man Cometh: Constitutional Principles for Tax Enforcement,” with Daniel Sutter, Constitutional Political Economy, (2003)
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“Evaluating the Fisher Effect in Long-Term Cross-Country Averages,” with Marc Poitras, International Review of Economics and Finance, (2000).
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“Why Good Economic News Depressed Stock and Bond Prices in 1996,” with Willem Thorbecke, Economics Letters (1997)
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“Monetary Policy, Stock Returns, and the Role of Credit in the Transmission of Monetary Policy,” with Willem Thorbecke, Southern Economic Journal (1996
Simon Anderson
Commonwealth Professor of Economics
Office Address
Monroe Hall, Room 236A
Hours: Wednesday 1:30 - 2:30 pm or by appointmentFields of Interest
Advertising, Search and Information, Price Dispersion, Media Economics, Industrial Organization
Education
Working Papers
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
Product quality, competition, and multi-purchasing (with Oystein Foros and Hans Jarle Kind) CEPR Discussion Paper 8923
Publications
Selected Publications
Opaque Selling ( with Levent Celik), 2019
Media See-saws:Winners and Losers in Platform Markets ( with Martin Peitz), 2019
Aggregative Games and Oligopoly Theory:Short-run and Long-run Analysis (with Nisvan Erkal and Daniel Piccinin), 2019
PRICE DISCRIMINATION IN THEINFORMATION AGE: PRICES, POACHING, AND PRIVACY WITH PERSONALIZED TARGETED DISCOUNTS (with Alicia Baik and Nathan Larson), - CEPR DP13739 , 2019
Decoupling the CES distribution circle with quality and beyond: equilibrium distributions and the CES-Logit nexus (with André de Palma), 2019
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
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)
Information Congestion: open access in a two-sided market Figures (with Andre de Palma) April 2007
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 Nicholas 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 February 2013
Advertising and the Internet Handbook of Digital Economics Eds. M. Peitz and J. Waldfogel Ch. 14 355-399
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
Personalized Pricing and Advertising: An Asymmetric Equilibrium Analysis
PRODUCT LINE DESIGN (Long Version) (shorter version) (with Levent Celik)
Market Power in Transportation: Spatial Equilibrium under Bertrand Competition (Figures) (with Wesley W. Wilson)
Economic Distributions and Primitive Distributions in Monopolistic Competition (with André de Palma)
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
Gaurab Aryal
Assistant Professor
Office Address
Monroe Hall, Room 255
Hours: Wednesday 9:30 -11:00amFields of Interest
Empirical Industrial Organization
Education
Zach Bethune
Assistant Professor
Office Address
Monroe Hall, Room 339
Hours: Tuesday and Thursday 11:00am - 12:00pmFields 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)
- “Frictional Goods Markets: Theory and Applications” (with M. Choi and R. Wright)
Publications
Selected Publication
“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
Federico Ciliberto
Professor
Office Address
Monroe Hall, Room 220
Hours: Monday 9:30 - 11:00amFields of Interest
Empirical Industrial Organization, Applied Microeconomics, Applied Econometrics
Education
Kenneth Elzinga
Robert C. Taylor Professor of Economics
Office Address
Monroe Hall, Room 216
Hours: Monday and Wednesday 2:00 - 5:00pmFields of Interest
Antitrust economics; religion and economics
Education
Publications
- The Lerner Index of Monopoly Power: Origins and Uses,” (w/ David E. Mills) 101 The American Economic Review 3, 558 (2011).
- “Developments in U.S. Merger Policy: The Beer Industry as Lens,” (w/ Anthony W. Swisher) The Economics of Beer (Johan F.M. Swinnen, ed.), New York: Oxford University Press, 2011.
- “The U.S. Beer Industry: Concentration, Fragmentation, and a Nexus with Wine,” 6 Journal of Wine Economics, 2, 217 (2011).
- “The Economics of NASCAR,” (w/ Andrew E. Abere and Peter Bronsteen) in Leo H. Kahane and Stephen Shmanske (eds.), The Oxford Handbook of Sports Economics: Vol. I: The Economics of Sports. Oxford University Press, 2012.
- “The Socratic Method,” in Gail Hoyt and KimMarie McGoldrick (eds.), International Handbook on Teaching and Learning Economics. Cheltenham: Elgar Press, 2012.
- “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 6th ed. Oxford: Oxford University Press.
- “Leegin v. PSKS (2007): Resale Price Maintenance Wins a Reprieve,” (w/ David E. Mills) in John E. Kwoka and Lawrence J. White (eds.), The Antitrust Revolution 6th ed. Oxford: Oxford University Press.
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
Working Papers
- Are Lemons Really Hot Potatoes?, with Monica Hartmann and Steven Stern
- R & D Policy With Layers of Economic Integration, with Shannon K. Mitchell
- Charity Auctions, with Brian McManus
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: Wednesday 5:00 - 6:30pmFields 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
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: On leaveFields of Interest
International Trade, Economic Geography, Applied Microeconomics, East Asian economies
Education
Charles Holt
A Willis Robertson Professor of Political Economy
Office Address
Monroe Hall, Room 238
Hours: Monday 1:00 - 1:45pm , Hours: by appointmentFields of Interest
Experimental economics, mathematical economics
Education
Publications
Selected Publications
- “An Experimental Analysis of Asymmetric Power in Conflict Bargaining,” (with K. Sieberg, D. Clark, T. Norstrom, W. Reed) Games and Economic Behavior, 2013, 4(3), 375-397.
- “A Reverse Auction for Toxic Assets,” (with O. Armantier and C. Plott) forthcoming, in American Economic Jouranl: Microeconomics, November, 2013.
- “Hierarchical Package Bidding: A Paper & Pencil Combinatorial Auction,” (with Jacob Goeree) Games and Economic Behavior, 70, September 2010, 146-169.
- “Assessment and Estimation of Risk Preferences” (with Susan Laury), Handbook of the Economics of Risk and Uncertainty, M. Machina and K. Viscusi, eds., Elsevier, 2013, Chapter 4.
- “Ten Little Treasures of Game Theory and Ten Intuitive Contradictions,” (with Jacob Goeree) American Economic Review, December 2001, 1402-1422.
William Johnson
Georgia S. Bankard Professor
Office Address
Monroe Hall, Room 232
Hours: Wednesday 1:30 - 3:00 pmFields of Interest
Labor economics; public economics; economics of information
Education
Publications
Selected Publications
- "Are Public Subsidies to Higher Education Regressive ?", Education Finance and Policy, Summer 2006
- "The Economics of Ideas and the Ideas of Economists", Southern Economic Journal, July 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
Andrew Kloosterman
Assistant Professor
Office Address
Monroe Hall, Room 211
Hours: Tuesday 2:30 - 4:30pmFields 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
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
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
Office Address
Monroe Hall, Room 239
Hours: Tuesday 9:00 - 11:00amFields of Interest
Public Finance, Labor Economics, Health Economics, Industrial Organization
Education
Denis Nekipelov
Associate Professor
Office Address
Monroe Hall, Room 254
Hours: Monday 12:00 - 1:30pm or by appointment
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
- 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
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
- House010621Oral12 (.pdf)
- Senate011129Oral12 (.pdf)
- House060215Oral12 (.pdf)
- Whither Public Housing? (.pdf)
- House030617Oral12 (.pdf)
- Senate080312Oral12 (.pdf)
- SenateAppropriationsSubcommittee160921OralFinal12 (.pdf)
- SenateBankingHousingUrbanAffairsSubcommittee160922OralFinal12 (.pdf)
Sheetal Sekhri
Associate Professor, Graduate Director
Office Address
Monroe Hall, Room 258
Hours: Thursday 1:00 - 2:00pm or by appointmentFields of Interest
Development Economics, Applied Microeconomics
Education
Peter Troyan
Assistant Professor
Office Address
Monroe Hall, Room 340
Hours: Tuesday 1:30 -3:00pmFields 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: By appointment onlyEducation
Working Papers
- 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.
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: On leaveFields of Interest
Open economy macro economics
Education
Eric Young
Professor
Office Address
Monroe Hall, Room 224
Hours: Monday 10:00am - 12:00pmFields of Interest
Macroeconomics, Computational Economics
Education
Carter Doyle
Lecturer, Blue Ridge Distinguished Teaching Fellow
Office Address
Monroe Hall, Room 205
Hours: Monday and Wednesday : 11:15am - 12:00pm and 2:00 - 3:00pm , or by appointment
Marc Santugini
Lecturer, Blue Ridge Distinguished Teaching Fellow
Office Address
Monroe Hall, Room 213
Hours: Monday and Wednesday 11:00am - 1:00PM; 1:30 - 3:00pm
Maria Westerfield
Visiting Lecturer
Office Address
Monroe Hall, Room 219
Hours: Tuesday and Thursday 12:40 - 1:35pm
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
Albert Choi
Albert C. BeVier Research Professor of Law
Office Address
Virginia Law School: Rm WB302K
Fields of Interest
Law and economics, applied contract theory
Education
- Bachelor of Arts (BA), Pomona College
- Doctor of Law (JD), Yale University
- Doctor of Philosophy (PhD), Massachusetts Institute of Technology
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
Garrett Hall,
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
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
Kieran Walsh
Assistant Professor
Office Address
Darden, FOB 156
Fields of Interest
Macro Economics and Finance
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
Devaki Ghose
Office Address
Monroe Hall, Room B-10
Hours: Wednesday, 5.30-7.00Fields of Interest
Trade, Economic Geography, Education, Development, Industrial Organization
Education
Ph.D. Candidate, University of Virginia (Expected May 2020)
M.A. Economics, University of Virginia (May 2016)
M.S. Economics, Indian Statistical Institute (May 2013)
B.S. Economics, St. Xavier’s College (May 2011)
Alex Gross
Advisors
Fields of Interest
Industrial Organization, Marketing
Education
MA, Economics, University of Virginia (2015)
BS, Mathematics and Economics, University of Delaware (2014)
Working Papers
Publications
Does Option Theory Hold for Major League Baseball Contracts? (with Charles Link), Economic Inquiry (2016)
Diego Legal
Fields of Interest
Macroeconomics, Household Finance, Labor Markets, and Computational Methods
Education
Ph.D. Candidate, University of Virginia
M.A. Economics, University of Virginia (2016)
M.A. Economics, University of Illinois at Chicago (2014)
B.S. Economics, Universidad Nacional de Asunción (2010)
Roisin McCord
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
Ganna "Anya" Prykhodko
Tony Pyle
Ariel Salvaro
Xin (Power) Xue
Office Address
Monroe Hall
Advisors
Denis Nekipelov, Andrew Kloosterman, William Wilhelm, Zhaohui Chen
Fields of Interest
Financial Intermediation, Industrial Organization, Entrepreneurship, Contracts
Education
Ph.D., Economics, University of Virginia (July 2018)
B.A., Finance, Math and Statistics, Michigan State University (2012)
Job Market Paper
“Lending Platforms’ Information Aggregation under Competition”Working Papers
“Investment Bank Governance and Client Relationships,” with Z. Chen, A. Morrison, W. Wilhelm (under review)
“Optimal Equity Financing Contracts and Private Monitoring”
“Investment Banker Human Capital and Firm Capital Structure,” with S. Karolyi (draft coming soon)
Sarah Lapp
Assistant to Kenneth Elzinga
Office Address
Monroe Hall, Room 214
Christopher Swenson
Undergraduate Program Coordinator
Office Address
Monroe Hall, Room 253
Hours: By appointment: http://economics.virginia.edu/appointments
Jennifer Jones
Senior Career Counselor
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
Adminstrative Assistant
Office Address
Monroe Hall, Room 237
Steve Peterson
Visiting Faculty
Office Address
Monroe Hall, Room 339
Hours: Tuesday and Thursday 2:30 - 3:30pm
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
Associate Professor
Office Address
Monroe Hall, room 242
Hours: Tuesday 2:30 - 4:30pmFields of Interest
International trade, Economic Geography, Industrial Organization
Education
Sandip Sukhtankar
Associate Professor
Office Address
Monroe Hall, room 330
Hours: Wednesday 3:15 - 4:45 and by appointmentFields of Interest
Development Economics, Political Economy, Applied Microeconomics
Education
Jonathan Colmer
Assistant Professor
Office Address
Monroe Hall, Room 332
Hours: By Appointment OnlyFields of Interest
Environmental Economics, Development Economics, Public Economics, Labor Economics, International Trade
Education
PhD, London School of Economics & Political Science (2016)
Eric Chyn
Assistant Professor
Office Address
Monroe Hall, Room 336
Hours: Monday 9:00 - 10:00amFields of Interest
Labor Economics, Public Economics
Education
Jae Won Lee
Assistant Professor
Office Address
Monroe Hall, Room 334
Hours: Thursday 1:30 - 3:00pmFields of Interest
Macroeconomics, International Economics, Applied Time Series Analysis
Education
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: Wednesday 3:30 - 5:30pmFields of Interest
Pricing Strategies, Industry Structure, Vertical Relationships, Antitrust Policy, Regulating Infrastructure
Education
Publications
Selected Publications
- “Ownership Arrangements and Congestion-Prone Facilities, American Economic Review 71 (1981) 493-502.
- Growth, Speculation and Sprawl in a Monocentric City," The Journal of Urban Economics 10 (1981) 201-226.
- "Industry Structure with Fluctuating Demand," (with Laurence Schumann), American Economic Review 75 (1985) 758-767.
- "Testing for Predation: Is Recoupment Feasible?" (with Kenneth G. Elzinga) The Antitrust Bulletin 34 (1989) 869-893.
- "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.
- “Buyer Power and Industry Structure,” Review of Industrial Organization 36 (2010) 213-225.
- “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.
- “Inducing Cooperation with a Carrot Instead of a Stick,” Review of Industrial Organization, 50 (2017) 245-261
Anthony Swisher
Visiting Faculty
Office Address
Monroe Hall, Room 339
Hours: Monday 10:30 - 11:30am
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
Sage Bradburn
Graduate Program Coordinator
Office Address
Monroe Hall, Room 249
Lee Lockwood
Assistant Professor
Office Address
Monroe Hall, Room 248
Hours: 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
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.
Sheisha Kulkarni
Visiting Faculty
Office Address
Monroe Hall, Room 252
Hours: Mondays 4:45 - 5:45pm
Julia Devlin
Visiting Faculty
Office Address
Monroe Hall, Room 219
Hours: Wednesday 5:00 -6:00pm
Lidia Kosenkova
Assistant Professor
Office Address
Monroe Hall, Room 247
Hours: Tuesday 10:00am - 12:00pmFields 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
Anton Korinek
Associate Professor
Office Address
Monroe Hall, Room 246
Hours: Thursday 2:00 - 3:00pm or 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: By Appointment OnlyFields of Interest
Macroeconomics, Monetary and Fiscal Policy Analysis, Applied Time Series
Education
Batchelor 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.
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
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
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
Adam Leive
Assistant Professor of Public Policy and Economics
Office Address
Garrett Hall, Room 109
Fields of Interest
Health Economics, Public Economics
Dylan McGee
Visiting Faculty
Office Address
Monroe Hall, Room 339
Hours: Tuesday and Thursday 11:00am - 12:00pm
Ashley Watkins
Business Manager
Office Address
Monroe Hall, Room 233
Biography
Major(s): Computer Science and Economics
Hometown: Medford, NJ
Passions: Skiing, Playing Piano, Cooking
Joe Anderson
Education
MBA (Finance Certificate), Creighton University, 2016
BBA, Economics (Public Policy Emphasis), University of Georgia, 2013
Publications
"Regressive Effects of Regulation on Wages" with James Bailey and Diana Thomas, Public Choice, 2019, 180(1): 91-103
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!
Simon Anderson
Commonwealth Professor of Economics
Zach Bethune
Assistant Professor
Karim Chalak
Assistant Professor
Federico Ciliberto
Professor
Jonathan Colmer
Assistant Professor
Kerem Cosar
Associate Professor
Kenneth Elzinga
Robert C. Taylor Professor of Economics- 1 of 4
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