Economics Research

Forthcoming Publications

• Chan, J. C. C. (2022). Comparing Stochastic Volatility Specifications for Large Bayesian VARs. Journal of Econometrics,

• Moore, T., Gelber, A., & Strand, A. (2022). Disability Insurance Income Saves Lives. Journal of Political Economy,

• Plott, C., Cason, T. N., Gillen, B., Lee, H., & Maron, T. (2022). General Equilibrium Methodology Applied to the Design, Implementation and Performance Evaluation of Large, Multi-Market and Multi-Unit Policy Constrained Auctions. Economic Theory,

• Zou, B., Gu, Y., Guo, N., & Wu, J. (2022). Home Location Choices and the Gender Commute Gap. Journal of Human Resources,

• Jiang, J. H., Puzzello, D., & Zhang, C. (2022). Inflation, Output, and Welfare in the Laboratory. European Economic Review,

• Chan, J. C. C. (2022). Large Hybrid Time-Varying Parameter VARs. Journal of Econometrics,

• Moore, T., & Morris, T. (2022). Shaping the Habits of Teen Drivers. American Economic Journal: Economic Policy,

• Mary Kate Batistich, Timothy N. Bond (2022). Stalled Racial Progress and Japanese Trade in the 1970s and 1980s. Review of Economic Studies,

• Farid Farrokhi, Heitor Pellegrina (2022). Trade, Technology, and Agricultural Productivity. Journal of Political Economy,

Journal Articles

• Siebert, Ralph (2023). "Exploring the Incremental Merger Value from Multimarket and Technology Arguments", with Sebastian Linde, forthcoming. International Journal of Industrial Organization,

• Zou, B., & Zhang, H. (2023). A Marriage-Market Perspective on Risk-Taking and Career Choices: Theory and Evidence. European Economic Review, vol. 152 | Related Website |

• Bao, Y. & Zhou, X. (2023). Heterogeneous Spatial Dynamic Panel Models with an Application to US Housing Data. Spatial Economic Analysis, vol. 18 (2), 259-285. | Related Website |

• Bond, T.N, Giuntella, O., & Lonsky, J. (2023). Immigration and Work Schedules: Theory and Evidence. European Economic Review, vol. 152

• Hong, S. (2023). MPCs in an Emerging Economy: Evidence from Peru. Journal of International Economics, vol. 140 | Related Website |

• Hedlund, A. D., Garriga, C., Wang, P., & Tang, Y. (2023). Rural-Urban Migration, Structural Transformation, and Housing Markets in China. American Economic Journal: Macroeconomics, vol. 15 (2), 413-440.

• Sarzosa, M (2023). Sexual Orientation and Labor Market Disparities. Journal of Economic Behavior and Organization, | Related Website |

• Gill, D. & Prowse, V. (2023). Strategic complexity and the value of thinking. Economic Journal, | Related Website |

• Gill, D. & Prowse, V. (2023). Strategic complexity and the value of thinking. Economic Journal, | Related Website |

• Siebert, Ralph (2023). “Airbnb or Not Airbnb? That is the Question: How Airbnb Bans Disrupt Rental Markets”, with Michael J. Seiler and Liuming Yang (appeared in the news of Purdue University Research Center of Economics; appeared in the news of Purdue University; interviewed by Fortune). forthcoming Real Estate Economics.,

• Siebert, Ralph (2022). "Spatial Differentiation and Market Power in Input Procurement: Evidence from a Structural Model of the Corn Market", with Juan Sesmero and Jinho Jung,. American Journal of Agricultural Economics, Vol.104, p.613-644.,

• Siebert, Ralph (2022). "The Competitive Effects of Declining Entry Costs over Time: Evidence from the Static Random Access Memory Market", with An-Hsiang Liu. International Journal of Industrial Organization, Vol. 80,

• Siebert, Ralph (2022). "The Impact of Private Label Introduction on Assortment, Prices, and Profits of Retailers," with Meilin Ma, forthcoming. Journal of Industrial Economics,

• Gelder, A, Kovenock, D. & Roberson, B. (2022). All-Pay Auctions with Ties. Economic Theory, vol. 74 pages1183–1231. | Related Website |

• Chan, J. C. C., Jacobi, L., & Zhu, D. (2022). An Automated Prior Robustness Analysis in Bayesian Model Comparison.. Journal of Applied Econometrics, vol. 37 (3), 583-602.

• Chan, J. C. C. (2022). Asymmetric Conjugate Priors for Large Bayesian VARs. Quantitative Economics, vol. 13 (3), 1145-1169.

• Kejriwal, M. & Perron, P. & Yu, X (2022). A Two Step Procedure for Testing Partial Parameter Stability in Cointegrated Regression Models. Journal of Time Series Analysis,

• Fe, E. & Gill, D. & Prowse, V. (2022). Cognitive skills, strategic sophistication, and life outcomes. Journal of Political Economy, | Related Website |

• Fe, E. & Gill, D. & Prowse, V. (2022). Cognitive skills, strategic sophistication, and life outcomes. Journal of Political Economy, | Related Website |

• Eriksen, Michael D., Hamilton Fout, Mark Palim, and Eric Rosenblatt (2022). Contract Confirmation Bias: Evidence from Repeat Appraisals. Journal of Real Estate Finance and Economics, 77-98.

• Chan, J. C. C., Carriero, A., Clark, T., & Marcellino, M. (2022). Corrigendum to: Large Bayesian Vector Autoregressions with Stochastic Volatility and Non-Conjugate Priors. Journal of Econometrics, vol. 227 (2), 506-512.

• Denning, Jeffrey T., Eric Eide, Kevin J. Mumford, and Daniel Sabey (2022). Decreasing Time to Baccalaureate Degree in the United States. Economics of Education Review, vol. 90 102287. | Related Website |

• Cason, T. N., Gangadharan, L., & Grossman, P. (2022). Gender, Beliefs and Coordination with Externalities. Journal of Public Economics, vol. 214

• Moore, T., Evans, W., & Garthwaite, C. (2022). Guns and Violence: The Enduring Impact of Crack Cocaine Markets on Young Black Males. Journal of Public Economics, vol. 206

• Engelhardt, Gary V. and Michael D. Eriksen (2022). Homeownership in Old Age and at the Time of Death.. Economic Letters, vol. 212

• Bond, T. N., Carr, J. B., Packham, A., & Smith, J. (2022). Hungry for success? SNAP timing, high-stakes exam performance, and college attendance. American Economic Journal: Policy, vol. 14 (4), 51-79.

• Bond, T.N., Carr, J.B., Packham, A., & Smith, J. (2022). Hungry for success? SNAP timing, high-stakes exam performance, and college attendance. American Economic Journal: Economic Policy, vol. 14 (4), 51-79. | Related Website |

• Ashkanani, Ahmad, Benjamin B. Dunford, and Kevin J. Mumford (2022). Impact of Motivation and Workload on Service Time: An Empirical Analysis of Call Center Operations.. Management Science, vol. 68 (9), 6697-6715. | Related Website |

• Bao, Y. & Yu, X. (2022). Indirect Inference Estimation of Dynamic Panel Data Models. Journal of Econometrics, | Related Website |

• Bethune, Z., Rocheteau, G., Wong, T. N., & Zhang, C (2022). Lending Relationships and Optimal Monetary Policy. Review of Economic Studies, vol. 89 (4), 1833–1872. | Related Website |

• Woods, D., Abdalla, M., Bagchi, S., Sundaram, S., & Cason, T. N. (2022). Network Defense and Behavioral Biases: An Experimental Study. Experimental Economics, vol. 25 254-286.

• Hudja, S., Roberson, B., & Rosokha, Y. (2022). Public Leaderboard Feedback in Sampling Competition: An Experimental Investigation. Review of Economic Studies and Statistics, 1-45. | Related Website |

• Roberson, B. A., Hudja, S.G, & Rosokha, Y. (2022). Public Leaderboard Feedback in Sampling Competition: an Experimental Investigation. Review of Economics and Statistics, 1-45. | Related Website |

• Eriksen, M. D., & Orlando, A. (2022). Returns to Scale in Residential Construction: The Marginal Impact of Building Height” Real Estate Economics.. Real Estate Economics, vol. 49 (2), 30.

• Kejriwal, M. & Li, X. & Nguyen, L. & Totty, E. (2022). The Efficacy of Ability Proxies for Estimating the Returns to Schooling: A Factor Model-Based Evaluation. Journal of Applied Econometrics,

• Castro-Zarzur, R. Espinoza, R. and Sarzosa, M. (2022). Unintended Consequences of Free College: Self-Selection into the Teaching Profession. Economics of Education Review., vol. 89 102260. | Related Website |

• Sarzosa, M (2022). Victimization and Skill Accumulation: The Case of School Bullying. Journal of Human Resources, | Related Website |

• Denning, Jeffrey T., Eric R. Eide, Kevin J. Mumford, Richard W. Patterson, and Merrill Warnick (2022). Why Have College Completion Rates Increased? An Analysis of Rising Grades. American Economic Journal: Applied Economics, vol. 14 (3), 1-29. | Related Website |

• Siebert, Ralph (2022). “Heterogeneous Foreclosure Discounts of Homes”. Journal of Real Estate Research, Vol.44, p.1-28.,

• Siebert, Ralph (2022). “The Competitive Effects of Declining Entry Costs over Time: Evidence from the Static Random Access Memory Market” with An-Hsiang Liu, 2020, CESifo Working Paper No. 8552. International Journal of Industrial Organization, vol. 80

• Siebert, Ralph (2022). “What Determines Heterogeneous Merger Effects on Competitive Outcomes?”. Journal of Industrial Economics, Vol.70, pp.217-256,

Other Publications

• Denning, Jeffrey , Eric Eide, Kevin Mumford, Richard Patterson, and Merrill Warnick (2022). Lower Bars, Higher College GPAs: How grade inflation is boosting college graduation rates. Education Next, vol. 22 (1), 56-62. | Related Website |

Research In Progress

• Siebert, Ralph (2022). "Do as Essay, not as I do? How Inflated List Prices of Unsold Essayer Homes Affect the Price Discovery Process", with Sumit Agarwal, and Michael J. Seiler. Under Review..

• Siebert, Ralph (2022). "The Dynamic Effects of Entry in the Ethanol Market" with Juan Sesmero and Jinho Jung.

• Siebert, Ralph (2022). Exploring the Heterogeneous Effects of State Price Transparency Laws on Charge Prices, Negotiated Prices, and Operating Costs, with Sebastian Linde. Under Review..

• Siebert, Ralph (2022). “Do Real Estate Contingency Clauses Affect Selling Price and Time-on-the-Market?” with Bruce L. Gordon, Michael J. Seiler, and Daniel T. Winkler. Under Review. Won the “Best Paper Award” issued by the American Real Estate Society..

• Siebert, Ralph (2022). “Prospect Theory and a Two-Way Disposition Effect: Theory and Evidence from the Housing Market”, with Zhaohui Li, Michael J. Seiler, and Hua Sun. About to Submit..

Working Papers

• Banan, A., Santavirta, T. and Sarzosa, M. (2023). Childhood Gender Nonconformity and Gender Gaps in Life Outcomes. | Related Website |

• Mumford, Kevin J., Rich Patterson, and Anthony Yim (2023). College Course Shutouts.

• Santavirta, T. and Sarzosa, M. (2023). Effects of Disruptive Peers in Endogenous Social Networks. | Related Website |

• Saltiel, F. and Sarzosa, M. (2023). Grade Retention and Multidimensional Skill Formation in Young Children. | Related Website |

• Batistich, Mary Kate, Timmothy N. Bond, Sebastian Linde, and Kevin J. Mumford (2023). Statistical Discrimination and Optimal Mismatch in College Major Selection.

• Mumford, Kevin J. (2023). Student Selection into an Income Share Agreement.

• Lo, M., Miyamoto, K. and Sarzosa, M. (2023). The Impact of Modernizing Koranic Schools on Cognitive and Socio-Emotional Development.

• Kejriwal, M. & Nguyen, L. & Yu, X. (2022). Multistep Forecast Averaging with Stochastic and Deterministic Trends.

• Hummels, D. L., Munch, J., & Xiang, C. (2022). No Pain, No Gain: Work Demand, Work Effort, and Worker Health. Review of Economics and Statistics (Conditionally Accepted),

• Hummels, D. L., Munch, J., & Xiang, C. (2022). No Pain, No Gain: Work Demand, Work Effort, and Worker Health. Review of Economics and Statistics (Conditionally Accepted),

• Siebert, Ralph (2022). “Do as Essay, not as I do? How Inflated List Prices of Unsold Essayer Homes Affect the Price Discovery Process”, with Sumit Agarwal, and Michael J. Seiler, 2022, CESifo Working Paper No. 10069..

• Siebert, Ralph (2022). “Do Real Estate Contingency Clauses Affect Selling Price and Time-on-the-Market?” with Bruce L. Gordon, Michael J. Seiler, and Daniel T. Winkler. Under Review. Won the “Best Paper Award” issued by the American Real Estate Society.. CESifo Working Paper No. 9947,