Economics Research

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

Areendam Chanda

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.

Christopher Coombs

Coombs, C., Newman, R. J., Cebula, R. J, and White, M. L (2015). The Bargaining Power of Health Care Unions and Union Wage Premiums for Registered Nurses. Journal of Labor Research, 36(4), 442-61.

Coombs, C. K and Cebula, R. J (2011). The Impact of Union Corruption on Union Membership. Industrial Relations, 50(1), 131-48.

Daniel Keniston

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.

Faik A. Koray

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.

Philip Marx

"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

H Naci Mocan

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.

Dek Terrell

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.

Bulent Unel

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.

Qiankun Zhou

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.

Research Seminar Series

Every semester, the Department of Economics hosts a Research Seminar Series. Speakers have experience in various disciplines and speak on topics covering the economics field. The series provides students, faculty, and business professionals with engaging thought leadership and unique perspectives to broaden their knowledge, skills, and networks.

Fall 2022 Research Seminar Series

September 23  | 3:30 p.m. | BEC 1305

September 30 | 3:30 p.m. | BEC 1305


October 19 | 3:30 p.m. | BEC 1305

October 28 | 3:30-5:00 p.m. | BEC 1305

  • Sadia Farzana, LSU Department of Economics
    Presentation title: "The Impact of Family Income and Maternal Labor Supply on Child Achievement and Behavior"

November 7 |  3:30 p.m. |  BEC 1305

  • Alex Albright, The Opportunity and Inclusive Growth Institute of the Federal Reserve Bank of Minneapolis
    Presentation title: The Hidden Effects of Algorithmic Recommendations

November 18 | 3:30 p.m. | BEC 1305

  • Justin Cook, Tulane University

December 7 | 3:30 p.m. | TBD

  • Murat Mungan, George Mason University

Explore past research seminar speakers:

Kathleen McKiernan
Vanderbilt University
Title: "Revisting Retirement and Social Security Claiming Decisions"

Cory Smith
University of Maryland
"Land Concentration and Long-Run Development"

Michelle Marcus
Vanderbilt University
"Unchartered Waters: Effects of Maritime Emission Regulation"

Zhixu Yu
University of Minnesota

Kerem Cosar
University of Virginia
"Rise and Fall of Empires in the Industrial Era: A Story of Shifting Comparative Advantages"

Spring 2020:

Rossella Calvi
Rice University, Department of Economics
"Sharing the Pie: Undernutrition, Intra-household Allocation, and Poverty"


Fall 2020: 

Sandra Rozo
Paper: "Give me Your Tired and Your Poor: Impact of a Large-Scale Amnesty Program for Undocumented Refugees"

Peter Testa
Paper: “Resource Blessing? Oil, Risk, and Religious Communities as Social Insurance in the US South.” 

Barton Willage
Paper: "Childbirth and Job Loss: Impact of Postpartum Job Displacement on Mother and Child"

Patrick Button
Paper: “Gender Identity, Race, and Ethnicity in Access to Mental Health Care: Evidence from a Pilot Audit Field Experiment” 

Areendam Chanda
Paper: "Do Attitudes Toward Risk Taking Affect Entrepreneurship? Evidence from Second-generation Americans" 

Dan Keniston
Paper: “A Division of Laborers: Identity and Efficiency in India”

Austin Denteh
Paper: “Using Machine Learning to Estimate the Heterogeneous Impacts of Medicaid Managed Care”

Julien Labonne
Paper: "Captured Labour Markets: Social Structure and Labour Market Performance in the Philippines"

Vegard Mokleiv Nygaard
Paper: "Optimal Allocation of the COVID-19 Stimulus Checks"

Spring 2019: 

Amanda Agan
Rutgers University
The Minimum Wage, EITC, and Criminal Recidivism

David Atkin
A New Engel on Price Index and Welfare Estimation

Fang Yang
The Lost Generation: the Opportunities and Outcomes of Non-College Educated Americans Born in the 1960s

David Weil
Brown University
The Dynamics of Income, Population, and Health in a Multi-Country World

Jonathan Pritchett
Tulane University
Demographic Consequences of the Interregional Slave Trade


Fall 2019:

Peter Gingeleskie

Yangling Qi
Cal State Long Beach
Title: Do We Stay in the Hospital too Long? Evidence from China

Brent Sorensen
University of Houston
Title: Quantifying Productivity Gains from Foreign Investment

Sara Markowitz
Emory University
Title: The Effects of State Scope of Practice Laws on the Labor Supplyof Advanced Practice Registered Nurses

Aaditya Dar
Indian School of Business
Title: Parachuters vs. Climbers: Economic Consequences of Barriers to Political Entry in a Democracy

Ilan Tojerow
Université Libre de Bruxelles
Title: The 'Other' Child Penalty: Work Disability after Motherhood and how Paternity Leave can Help

Nishith Prakash
University of Connecticut
Title: Wheels of Change: Transforming Women's Lives with Education and Empowerment

Spring 2018: 

Nicolás Ajzenman
Sciences Po
The Power of Example: Corruption Spurs Corruption

Abigail Peralta
Texas A&M
The impact of election fraud on government performance

Alexander Willen
Cornell University
From a Fixed National Pay Scale to Individual Wage Bargaining: The Labor Market Effects of Wage Decentralization

Ashna Arora
Columbia University
Juvenile Crime and Anticipated Punishment

Emily Weisburst
University of Texas-Austin
Whose help is on the way? The importance of individual police officers in law enforcement outcomes

Barton Willage
Cornell University
Ex Ante Moral Hazard in Health Insurance: Lessons from the ACA and Risky Sex

Robert Fairlie
University of California--Santa Cruz
How Many Jobs Does an Entrepreneur Create? Evidence from the Universe of U.S. Startups

Martin Stuermer
Federal Reserve Bank of Dallas
Non-Renewable Resources, Extraction Technology, and Endogenous Growth

Gabriel Mathy
American University
Acyclical Productivity and its implications for business cycles: Evidence from a century of labor productivity

Randall Walsh
University of Pittsburgh

Pia Orrenius
Hispanics in the U.S. Labor Market: A Tale of Three Generations

Jose Mustre-del-Rio
Federal Reserve Bank of Kansas City


Fall 2018:

David Altig
Executive VP and Director of Research
Atlanta Federal Reserve

Xintong Wang
The Complicated Effects of the Vietnam Lottery Draft and Military Service on Self-Reported Health Revisited

Emily Nix
University of Southern California
Shared Punishment: The Impact of Incarcerating Fathers on Child Outcomes

Honoring the research of Cheng Hsiao, USC

Carlos Dobkin
UC Santa Cruz
Insurance and Access to Care

Cynthia Yang
Florida State University
Econometric Analysis of Production Networks and Dominant Units

Neha Bairoliya
University of Tennessee at Knoxville
The Macroeconomic Impact of Fertility Changes in an Aging Population 

Justin Gallagher
Case Western Reserve University
The Effect of Cash Assistance on Household Finance and Business Growth after a Natural Disaster




Journal Editors

Department of Economics faculty serving as editors of peer-reviewed academic journals, provide subject-matter expertise and thought leadership on the latest examinations of economics-related scholarship.

Areendam Chanda

  • Economic Modelling -  Associate Editor
  • Economic Inquiry - Co-Editor




Working Papers

Below is a selection of recent working papers from the Department of Economics. Contact 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.

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.