The Department of Economics is committed to excellence in research. Our faculty and graduate students contribute to the global advancement of the science of economics through their research.
Select Faculty Publications
Chanda, A. and Kabiraj, S. (2020). Shedding Light on Regional Growth and Convergence in India. World Development.
Chanda, A., Cook, C. Justin, and Putterman, L. (2014). Persistence of fortune: Accounting for Population Movements, There was no Post-Columbian Reversal. American Economic Journal: Macroeconomics, 6(3), 1-28.
Chanda, A., Alfaro, L., Kalemli-Ozcan, S., and Sayek, S. (2010). Foreign Direct Investment, Financial Markets and Economic Growth. Journal Of Development Economics.
Chanda, A. and Dalgaard, C. (2008). Dual Economies and International Total Factor Productivity Differences. Economica, 75, 629-661.
Chanda, A., Alfaro, L., Kalemli-Ozcan, S., and Sayek, S. (2004). Foreign Direct Investment and Economic Growth: The Role of Local Financial Markets. Journal of International Economics, 64(64), 89-112.
Chanda, A., Bockstette, V., and Putterman, L. (2002). States and Markets: The Advantages of an Early Start. Journal of Economic Growth.
Keniston, D., Banerjee, A., Duflo, E., Chattopadyay, R., and Singh, N. (2021). Improving Police Performance in Rajasthan, India: Experimental Evidence on Incentives, Managerial Autonomy, and Training. American Economic Journal: Economic Policy.
Banerjee, A., Duflo, E., Keniston, D., Singh, N., and , .. The Efficient Deployment of Police Resources: Theory and New Evidence from a Randomized Drunk Driving Crackdown in India. Econometrica.
Keniston, D. and Allcott, H. (2018). Dutch Disease or Agglomeration? The Local Economic Effects of Commodity Booms and Busts in Modern America. Review of Economic Studies, 85(2), 695-731.
Hornbeck, R. and Keniston, D. (2017). Creative Destruction: Barriers to Urban Growth and the Great Boston Fire of 1872. American Economic Review, 107(6), 1365-1398.
Banerjee, A., Banerji, R., Duflo, E., Glennerster, R., Keniston, D., Khemani, S., and Shotland, M. (2007). Can information campaigns raise awareness and local participation in primary education?. Economic and Political Weekly, , 1365--1372.
Koray, F., Arin, K., and Spagnolo, N. (2015). Fiscal Multipliers in Good Times and Bad Times. Journal of Macroeconomics, 44, 303-311.
Koray, F., Arin, P., Berlemann, M., and Kuhlenkasper, T. (2013). Non-Linear Growth Effects of Taxation: A Semi-Parametric Approach Using Average Marginal Tax Rates. Journal of Applied Econometrics, 28(5), 883-899.
Koray, F. and McMillin, W. Douglas (1999). Monetary Shocks, the Exchange Rate, and the Trade Balance. Journal of International Money and Finance, , 925-940.
Koray, F. (1993). Inflation Variability and the Turkish Economy. Applied Economics, , 787-793.
Koray, F. and Lastrapes, W. D (1990). International Transmission of Aggregate Shocks under Fixed and Flexible Exchange Rate Regimes: A VAR Analysis. Journal of International Money and Finance, , 402-423.
Koray, F. and Lastrapes, W. D (1989). Real Exchange Rate Volatility and Bilateral Trade under Alternative Exchange Rate Regimes: A VAR Analysis. Review of Economics and Statistics, , 708-712.
Koray, F. (1989). Money and Functional Distribution of Income. Journal of Money, Credit, and Banking, , 33-48.
Koray, F. and Chan, P. (1988). Fiscal Policy and Stabilization of Exchange Rates under Alternative Criteria. Canadian Journal of Economics, , 97-114.
Koray, F. (1987). Government Debt, Economic Activity and Transmission of Economic Disturbances. Journal of Money, Credit, and Banking, , 361-375.
"A Robust Test of Prejudice for Discrimination Experiments," with Daniel Martin. 2022. Management Science (Fast Track) 68(6), 4527-4536.
"An Absolute Test of Racial Prejudice." 2022. Journal of Law, Economics, and Organization 38(1), 42-91.
"Revenue from Matching Platforms," with James Schummer. 2021. Theoretical Economics 16(3), 799-824
Depew, B., Eren, O., and Mocan, H. Naci (2017). Judges, Juveniles, and In-Group Bias. Journal of Law and Economics, 60(2), 209-239.
Mocan, H. Naci, Raschke, C., and , . (2016). Economic Well-being and Anti-Semitic, Xenophobic, and Racist Attitudes in Germany. European Journal of Law and Economics, 41(1), 1-63.
Mocan, H. Naci and Altindag, D. (2013). Salaries and Work Effort: An Analysis of European Union Parliamentarians. Economic Journal, 123, 1130-67.
Mocan, H. Naci (2013). Vengeance. Review of Economics and Statistics, 95(3), 969-82.
Mocan, H. Naci and Bali, T. (2010). Asymmetric Crime Cycles. Review of Economics and Statistics, 92(4), 899-911.
Mocan, H. Naci and Tekin, E. (2010). Ugly Criminals. Review of Economics and Statistics, 92(1), 15-30.
Mocan, H. Naci (2008). What Determines Corruption? International Evidence from Micro Data. Economic Inquiry, 46(4), 493-510.
Mocan, H. Naci and Tekin, E. (2006). Guns and Juvenile Crime. Journal Of Law And Economics, , 507-31.
Mocan, H. Naci, Billups, S., and Overland, J. (2005). A Dynamic Model of Differential Human Capital and Criminal Activity. Economica, 72, 655-81.
Mocan, H. Naci and Corman, H. (2005). Carrots, Sticks and Broken Windows. Journal Of Law And Economics, 48(1), 235-66.
Argys, L. and Mocan, H. Naci (2004). Who Shall Live and Who Shall Die? An Analysis of Prisoners on Death Row in the United States. Journal Of Legal Studies, 33(2), 255-82.
Mocan, H. Naci and Gittings, K. (2003). Getting Off Death Row: Commuted Sentences and the Deterrent Effect of Capital Punishment. Journal Of Law And Economics, 46(2), 453-78.
Mocan, H. Naci and Tekin, E. (2003). Nonprofit Sector and Part-Time Work: An Analysis of Employer-Employee Matched Data of Child Care Workers. Review Of Economics And Statistics, 85(1), 38-50.
Blau, D. M and Mocan, H. Naci (2002). The Supply of Quality in Child Care Centers. Review Of Economics And Statistics, 84(3), 483-96.
Corman, H. and Mocan, H. Naci (2000). A Time-Series Analysis of Crime, Deterrence and Drug Abuse in New York City. American Economic Review, 90(3), 584-604.
Terrell, D. and Kleit, A. (2001). Measuring Potential Efficiency Gains from Deregulation of Electricity Generation: A Bayesian Approach. Review Of Economics And Statistics, , 523-30.
Terrell, D. and Bratsberg, B. (1998). Experience, Tenure, and Wage Growth of Young black and White Men. Journal Of Human Resources, , 658-682.
Terrell, D. and Farmer, A. (1996). Optimal Betting and Efficiency in Betting Markets with Information Costs. The Economic Journal, , 846-868.
Chanda, A. and Unel, B. (2021). Do Attitudes Toward Risk Taking Affect Entrepreneurship? Evidence from Second-generation Americans. Journal of Economic Growth, 26, 385-413.
Beland, L. and Unel, B. (2019). Politics and Entrepreneurship in the U.S.. Canadian Journal of Economics, 57, 33-57.
Unel, B. (2018). Offshoring and Unemployment in a Credit-Constraint Economy. Journal of International Economics, 111, 21-33.
Dinopoulos, E. and Unel, B. (2015). Entrepreneurs, Jobs, and Trade. European Economic Review, 79, 93-112.
Dinopoulos, E. and Unel, B. (2011). Quality Heterogeneity and Global Economic Growth. European Economic Review, 55, 595-612.
Page, T., Putterman, L., and Unel, B. (2005). Voluntary Association in Public Goods Experiments: Reciprocity, Mimicry, and Efficiency. Economic Journal, 115, 1032-53.
Zhou, Q., Liu, R., Shang, Z., and Zhang, Y. (2020). Identification and estimation in panel models with overspecified number of groups. Journal of Econometrics, 215(215), 17.
Pesaran, M. Hashem and Zhou, Q. (2018). Estimation of time-invariant effects in static panel data models. Econometric Reviews, 37, 1137-1171.
Lee, N., Moon, H. Roger, and Zhou, Q. (2017). Many IVs estimation of dynamic panel regression models with measurement error. Journal of Econometrics, 200(2), 251 259.
Zhang, Y., Zhou, Q., and Jiang, L. (2017). Panel kink regression with an unknown threshold. Economics Letters.
Hsiao, C. and Zhou, Q. (2017). First difference or forward demeaning: Implications for the method of moments estimators. Econometric Reviews, 36(6-9), 883-897.
Xue, S., Yang, T. Tao, and Zhou, Q. (2017). Binary choice model with interactive effects. Economic Modeling, , 1-13.
Wang, Y., Zhang, Y., and Zhou, Q. (2016). A Stein-like estimator for linear panel data models. Economics Letters, 141, 156 161.
Hsiao, C. and Zhou, Q. (2016). Asymptotic distribution of quasi-maximum likelihood estimation of dynamic panels using long difference transformation when both N and T are large. Statistical Methods & Applications, 25(4), 675-683.
Zhou, Q. and Yu, J. (2015). Asymptotic theory for linear diffusions under alternative sampling schemes. Economics Letters, 128, 1-5.
Below is a selection of recent working papers from the Department of Economics. Contact firstname.lastname@example.org for more information regarding our research or for archived working papers.
2021-01 - Bulent Unel, "Effects of Chinese Import Competition on U.S. Self-Employment"
2021-02 - Bulent Unel, "Tariff Wars, Unemployment, and Income Distribution," with Elias Dinopoulos and Gunnar Heins
2021-03 - Eunseong Ma, "Gini in the Taylor Rule: Should the Fed Care About Inequality?" with Kwangyong Park
2021-04 - Bulent Unel, "Oil & Gas Induced Economic Flucuations and Self-Employment," with Gregory B. Upton Jr.
2020-01 - Christopher K. Coombs, "Employment-at-Will Exceptions, Social Welfare Programs and the Decline of Unions", with Robert J. Newman
2020-02 - Eunseong Ma, "Monetary Policy and Inequality: How Does One Affect the Other?"
2020-03 - Eunseong Ma, "Entrepreneurship and Income Distribution Dynamics: Why is the Income Share of Top Income Earners Acyclical over the Business Cycle?," with Noh-Sun Kwark
2020-04 - Eunseong Ma, "Homeownership and Housing Transitions: Explaining the Demographic Composition," with Sarah Zubairy
2020-06 - Eunseong Ma, "Are Real Wages Procyclical Conditonal on a Monetaty Policy Shock?"
2019-01 - Qiankun Zhou, "GMM and IV Estimation of Dynamic Panel Models with Heterogeneous Trend"
2019-02 - Qiankun Zhou, "Specification Tests for Time-Varying Coefficient Panel Models"
2019-04 - Bulent Unel, "Effects of U.S. Banking Deregulation on Unemployment Dynamics"
2019-05 - Bulent Unel, "Effects of Fracking on Entrepreneurial Activity in the U.S."
2019-06 - Areendam Chanda, "Who Gained from India's Demonetization? Insights from Satellites and Surveys." with C. Justin Cook.
2019-07 - Areendam Chanda, "Do Attitudes Toward Risk Taking Affect Entrepreneurship? Evidence From Second-Generation Americans." with Bulent Unel.
2018-01 - Bulent Unel, "Effects of Immigration on Native Entrepreneurship in the U.S."
2018-02 - Qiankun Zhou, "Panel Parametric, Semi-parametric and Nonparametric Construction of Counterfactuals - California Tobacco Control Revisited" with Cheng Hsiao
2018-03 - Qiankun Zhou, "Identification and estimation in panel models with overspecified number of groups" with Ruiqi Liu, Anton Schick, Zuofeng Shang, and Yonghui Zhang
2018-04 - Louis-Philippe Beland, "Traffic and the Provision of Public Goods" with Daniel Brent
2018-05 - W. Douglas McMillin, "Nominal GDP versus Price Level Targeting: An Empirical Evaluation" with James S. Fackler
2018-08 - Areendam Chanda, "Shedding Light on Regional Growth and Convergence in India"
2017-01 - Areendam Chanda, "Early Urbanization and the Persistence of Regional Disparities within Countries" with Dachao Ruan.
2017-02 - Louis-Philippe Beland and Daniel Brent, "Traffic and Crime".
2017-03 - R. Carter Hill, "Baumol and Bowen Cost Effects in Research Universities" with Robert E. Martin and Melissa S. Waters.
2017-04 - Daniel A. Brent, "Energy Efficiency and Financial Literacy" with Michael Ward.
2017-05 - Louis-Philippe Beland and Bulent Unel , "Politics and Entrepreneurship in the U.S.".
2017-06 - - Anindo Sarker and Bulnet Unel, "The Impact of Bank Expansion on Self-Employed Business Owners: Evidence from US States".
2017-07 - Daniel A. Brent, "Are Normative Appeals Moral Taxes? Evidence from a Field Experiment on Water Conservation" with Corey Lott, Michael Taylor, Joseph Cook, Kim Rollins, and Shawn Stoddard.
2017-08 - Fan Duan and Bulnet Unel, "Persistence of Cities: Evidence from China".
2017-09 - Daniel Brent, "The Geography of Civic Crowdfunding: Implications for Social Inequality and Donor-Project Dynamics" with Katie Lorah.
2017-10 - Qiankun Zhou, "JIVE for Panel Dynamic Simultaneous Equations Models" with Cheng Hsiao.
2017-11 - Qiankun Zhou, "Incidental parameters, initial conditions and sample size in statistical inference
for dynamic panel data models" with Cheng Hsiao.