Department of Economics

Selected Faculty publications


Altonji, J.G.,  L.B. Kahn, and J. Speer. "Cashier or Consultant? Entry Labor Market Conditions, Field of Study, and Career Success," accepted, Journal of Labor Economics 

Nocetti, D.  and W.T. Smith, "Changes in Risk and Strategic Interaction," Journal of Mathematical Economics, 56 (2015): 37-46


Eckel, C. and W.T. Smith, "The Discriminating Beta: Prices and Capacity with Correlated Demands," Southern Economic Journal, 81 (2014): 56-67

Altonji, J.G., L.B. Kahn, and J. Speer. "Trends in Earnings Differentials Across College Majors and the Changing Task Composition of Jobs," American Economic Review, Papers and Proceedings, 104(5), p.387-393, May 2014

Astorne-Figari C. and A. Yankelevich. “Consumer Search with Asymmetric Price Sampling,” Economics Letters 122 (2014): 331-333.

Chen, W., A. Okunade, and G. Lubiani. “Quality-Quantity Decomposition of Income Elasticity of U.S. Hospital Care Expenditure Using State-level Panel Data,” Health Economics (2014).

Grove, W., and A. Hussey. “Returns to MBA Quality: Pecuniary and Non-Pecuniary Returns to Peers, Faculty, and Institution Quality,” Labour Economics 26 (2014): 43-54.

Grove, W., and A. Hussey. “Affirmative Action in MBA Programs: Investigating the Mismatch Hypothesis for Race and Gender,” B.E. Journal of Economic Analysis & Policy (Advances) (2014) 14(3)  613-668.

Hussey, A., Nikolsko-Rzhevskyy, A., and J. Walker, "AIDing Contraception: HIV and Recent Trends in Abortion Rates," Applied Economics 46 (2014) : 1788-1803.

Han, J., H. Lee, and J. Lee, “How and where to Offshore: a Productivity Comparison at the Firm Level,” Applied Economics 46 (2014): 1704-1715.

Lee, J. "The Transfer of Workers within Multinationals and Ownership of Foreign Affiliates," Economics Letters 125 (2014), p.149-152


Arcidiacono, P., E. Aucejo, A. Hussey, A., and K. Spenner. “Racial Segregation Patterns in Selective Universities,” Journal of Law and Economics 56.4 (2013): 1039-60.

Debaere, P., H. Lee, and J. Lee. “Language, Ethnicity, and Intra Firm Trade,” Journal of Development Economics 103 (2013): 244-253.

Dyer, J., W.T. Smith, and J. Schneider. “Saving-Based Asset Pricing,” Journal of Banking & Finance 37 (2013), 3704-3715.

Jetter, M., Nikolsko-Rzhevskyy, and W.T. Smith. “The Effects of Wage Volatility on Growth,” Journal of Macroeconomics 37 (2013): 93-109.

Lubiani, G. and A. Okunade. “Production Cost Structure in U.S. Outpatient Physical Therapy Health Care,” Health Economics 22 (2013): 212-223.


Chen, W., W. Grove and A. Hussey, A. “The Payoff to School Selectivity: An Application of Dale and Krueger’s Method to MBA Programs,” Economics Letters 116.2 (2012): 247-249.

Hussey, A. “Human Capital Augmentation versus the Signaling Value of MBA Education,” Economics of Education Review 31.4 (2012): 69-83.

Kemme, D. and S. Roy. “Did the Recent Housing Boom Signal the Global Financial Crisis?” Southern Economic Journal 78.3 (2012): 999-1018.

Kemme, D. and S. Roy. “Causes of Banking Crises:  Deregulation, credit booms, and asset bubbles, then and now,” International Review of Economics and Finance, 24: 270-294. (2012)

Echazu, L., D, Nocetti, and W.T. Smith. “A New Look at the Determinants of the Ecological Discount Rate: Disentangling Social Preferences,” B.E. Journal of Economic Analysis & Policy, Advances (2012).


Chang, C., T.M. Waters, W.T. Cecil, P. Kasteridis, and D.M. Mirvis. “Impact of Consumer Directed Health Plans on Healthcare Utilization and Costs,” Health Services Research 46, (2011) 155-172.

Grove, W. and A. Hussey. “Returns to Field of Study versus School Quality: MBA Selection on Observed and Unobserved Heterogeneity,” Economic Inquiry 49.3 (2011): 730-749.

Grove, W., M. Jetter, and A, Hussey. “The Gender Pay Gap Beyond Human Capital: Heterogeneity in Noncognitive Skills and in Labor Market Tastes,” Journal of Human Resources, 46.4 (2011): 827-874.

Hussey, A. “The Effect of Ethics on Labor Market Success: Evidence from MBA Graduates,” Journal of Economic Behavior and Organization 80.1 (2011): 168-180.

Hussey, A. and O. Swinton. “Estimating the Ex Ante Expected Returns to College,” American Economic Review Papers & Proceedings 101, 3 (2011): 598-602.

Kemme, D. and S. Roy. “What is Really Common in the Run-up to Banking Crises?” Economic Letters 113.3 (2011): 211-214.

Kemme, D. and G. Lyakir. “From Peg to Float:  Exchange Market Pressure and Monetary Policy in the Czech Republic,” Review of International Economics, 19(1), 93-108. (2011). 

D. Nocetti and W.T. Smith. “Price Uncertainty, Saving, and Welfare,” Journal of Economic Dynamics & Control 35 (2011): 1139-1149.

D. Nocetti and W.T. Smith. “Precautionary Saving and Endogenous Labor Supply with and without Expected Utility,” Journal of Money, Credit & Banking 43 (2011): 1475-1504.



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