Faculty Publications

Recent Publications

Aura, Saku	"What's in a Name?" (with G. Hess), Economic Inquiry, forthcoming
	"Supply Constraints and Housing Prices"(with T. Davidoff), Economics Letters, forthcoming
	"Does the Balance of Power within a Family Matter? The Case of the Retirement Equity Act," Journal of Public Economics, 2005
Basker, Emek	Does Wal-Mart Sell Inferior Goods?, Economic Inquiry, forthcoming
	The Evolving Food Chain: Competitive Effects of Wal-Mart's Entry into the Supermarket Industry (with M. Noel), Journal of Economics and Management Strategy, forthcoming
	"The Causes and Consequences of Wal-Mart's Growth," Journal of Economic Perspectives, 2007.
	"'Twas Four Weeks before Christmas: Retail Sales and the Length of the Christmas Shopping Season," Economics Letters, 2005
	"Selling a Cheaper Mousetrap: Wal-Mart's Effect on Retail Prices," Journal of Urban Economics, 2005
	"Job Creation or Destruction? Labor-Market Effects of Wal-Mart Expansion," Review of Economics and Statistics, 2005
Harstad, Ron	"Does a Seller Really Want Another Bidder?", AER Bulletin, 2008
	"Information Aggregation in Auctions with an Unknown Number of Bidders" (with I. Tsetlin and A. Pekec), Games and Economic Behavior, 2008
	"The Economic Impact of the U of Missouri System" (with J. Haslag), Office of the President, University of Missouri, 2008
	Current & Classic Readings for Microeconomic Literacy (with S. Ryan, eds.). 2007
	"Ex-post Full Surplus Extraction, Straightforwardly" (with V. Mares), Economic Theory, 2007
Haslag, Joe	"Who is Afraid of the Friedman Rule?" (with J. Bhattacharya, A. Martin and R. Singh), Economic Inquiry, forthcoming
	"On the Determinants of Optimal Border Enforcement" (with M. Guzman and P. Orrenius), Economic Theory, forthcoming
	"On Money and Output: Is Money Redunant" (with R. Hafer and G. Jones), Journal of Monetary Economics, forthcoming
	"Optimality of the Friedman Rule in an Overlapping Generations Model with Spatial Separation" (with A. Martin), Journal of Money, Credit, and Banking, forthcoming
	"The Role of Money in Two Alternative Models: When is the Friedman Rule Optimal and Why?" (with J. Bhattacharya and S. Russell), Journal of Monetary Economics, forthcoming
	"Crony Capitalism and Financial System Stability" (with R. Pecchenino), Economic Inquiry, forthcoming
	"Suboptimality of the Friedman Rule in Townsend's Tunrpike and Stochastic Relocation Models: Do Finite Lives and Initial Dates Matter?" (with J. Bhattacharya and A. Martin), Journal of Economic Dynamics and Control, 2006
	"Heterogeneity, Redistribution and the Friedman Rule" (with J. Bhattacharya and A. Martin), International Economic Review, 2005
	"The Non-monotonic Relationship Between Senior Age and Inequality" (with J. Bhattacharya and H. Bunzel), Canadian Journal of Economics, 2005
Koedel, Cory	"Teacher Quality and Dropout Outcomes in a Large, Urban School District," Journal of Urban Economics, forthcoming.
	"Does School Choice Work? Effects on Student Integration and Achievement" (with J. Betts, L. Rice, A. Zau and Y. E. Tang), San Francisco, Public Policy Institute of California, 2006.
Loginova, Oksana	"Exposure Order Effects and Advertising Competition," Journal of Economic Behavior and Organizations forthcoming
	"Real and Virtual Competition," Journal of Industrial Economics, forthcoming
	“Price Experimentation with Strategic Buyers” (with C. Taylor), Review of Economic Design, 2008
Mandy, David	"Incentives for Sabotage in Vertically Related Industries" (with D. Sappington), Journal of Regulatory Economics, 2008
Miller, Douglas	"Computation and Asymptotic Properties of Estimated Coherent Risk Measures" (with M. Kim), Chapter in Computational Finance and Its Applications III, 2008
	"The Impact of Collusion on Price Behavior: Empirical Results from Two Recent Cases" (with Y. Bolotova & J. Connor), International Journal of Industrial Organization, 2008
	"Factors Influencing the Magnitude of Cartel Overcharges: An Empirical Analysis of Food-Industry Cartels" (with Y. Bolotova and J. Connor), Agribusiness, 2007
	"Applications of Penalized Binary Choice with Improved Predictive Fit" (with W. Liu), in Computational Finance and its Applications II, 2006
	"Improved Estimation of Portfolio Value-at-Risk under Copula Models with Mixed Marginals" (with W. Liu), Journal of Futures Markets, 2006
	"Estimating Willingness-to-Pay Using a Polychotomous Choice Function: An Application to Pork Products with Environmental Attributes" (with J. Hurley and J. Kliebenstein), Journal of Agricultural and Resource Economics, 2006
Miller, J. Isaac	"Extracting a Common Stochastic Trend: Theory with Some Applications" (with Y. Chang and J.Y. Park), Journal of Econometrics, forthcoming
Milyo, Jeff	"Environmental Policy Attitudes, Geographic Scale and Political Trust," (with D. Konisky and L. Richardson); Social Science Quarterly, 2008
	"Inequality and Public Good Provision: an Experimental Analysis" (with L. Anderson and J. Mellor), Journal of Socio-Economics, 2008
	"The Effects of Photographic Identification on Voter Turnout in Indiana: A County-Level Analysis," Institute of Public Policy, Truman School of Public Affairs, 2008
	"The Effects of Cross-Ownership on the Local Content and Political Slant of Local Television News," Federal Communication Commission, 2008
	"Campaign Finance Red Tape: Strangling Free Speech and Political Debate," Institute for Justice, 2008
	"Estimating the Impact of State Policies and Institutions with Mixed-level Data" (with D. Primo and M. Jacobsmeier), State Politics and Policy Quarterly, 2007
	"Campaign Finance," in Concise Encyclopedia of Economics (2nd edition), 2008
	"Public Financing of Campaigns" (with D. Primo), Engage, 2007
	"Induced Heterogeneity in Trust Experiments" (with L. Anderson and J. Mellor), Experimental Economics, 2007
	"A Social Science Perspective on Media Bias" (with T. Groseclose), Critical Review, 2007
	"Campaign Finance Laws and Political Efficacy in the States" (with D. Primo), Election Law Journal, 2006
	"A Measure of Media Bias" (with T. Groseclose), Quarterly Journal of Economics, 2006
	"State Campaign Finance Reforms, Competitiveness, and Party Advantage in Gubernatorial Elections" (with D. Primo and T. Groseclose), in The Marketplace of Democracy, 2007
	"State Social Capital and Individual Health Status" (with J. Mellor), Journal of Health Politics, Policy and Law, 2006
	"Do Liberals Play Nice? The Effects of Political Party and Ideology in Public Goods and Trust Games" (with L. Anderson and J. Mellor), in Advances in Applied Microeconomics: Experimental and Behavioral Economics, 2006
	"Reform Without Reason: The Scientific Method and Campaign Finance" (with D. Primo), in Taxpayer Financing of Political Campaigns, 2005
Mueser, Peter	"The Impact of Welfare Reform on Leaver Characteristics, Employment and Recidivism: An Analysis of Maryland and Missouri" (with D. Stevens, and K. Troske), Welfare Reform and its Long-Term Consequences for America's Poor, James P. Ziliak (ed.), Cambridge, UK: Cambridge University Press. forthcoming
	"The Role of Temporary Help Employment in Low-wage Worker Advancement" (with C. Heinrich and K. Troske), Labor Market Intermediaries, edited by D. Autor. Cambridge, Mass: National Bureau of Economic Research, forthcoming
	"Introduction: Economics and Interdisciplinary Approaches in Migration Research" (with C. Boswell), Journal of Ethnic and Migration Studies, 2008
	"Using State Administrative Data to Measure Program Performance" (with K. Troske and A. Gorislavsky), Review of Economics and Statistics, 2007
	"The Effects of Welfare-to-Work Program Activities on Labor Market Outcomes" (with A. Dyke, C. Heinrich, K. Troske, and K. Jeon), Journal of Labor Economics, 2006
	Welfare and Work in the 1990s: Experiences in Six Cities (with C. King). 2005
	"Welfare to Temporary Work: Implications for Labor Market Outcomes" (with C. Heinrich and K. Troske), Review of Economics and Statistics, 2005
Ni, Shawn	"Intrinsic Bayesian Estimation of Linear Time Series Models" (with D. Sun), International Journal of Statistics and Systems, 2007
	"Reference Priors for AR(2) Models" (with D. Sun), Proceedings of American Statistical Association 2007, 2008
	“Bayesian Stochastic Search for VAR Model Restrictions” (with E. George and D. Sun), Journal of Econometrics, 2008.
	"Intrinsic Bayesian Estimation of VAR Impulse Responses" (with D. Sun and X. Sun), Journal of Business and Economic Statistics, 2007
	"Bayesian Stochastic Search of Multivariate Stochastic Volatility Models" (with A. Loddo and D. Sun), Proceedings of American Statistical Association 2006, 2007
	"Bayesian Analysis of Multivariate State-Space Models with Noninformative Priors" (with D. Sun), Proceedings of American Statistical Association 2006, 2007
	"High Corruption Income in Ming and Qing China" (with V. Pham), Journal of Development Economics, 2006
	"Bayesian Search of Multivariate Stochastic Volatility Models" (with D. Sun), Proceedings of American Statistical Association 2005, 2006
	"Bayesian Stochastic Search for VAR Models" (with E. George and D. Sun), Proceedings of American Statistical Association 2004, 2005
	"Bayesian Estimates for Vector-Autoregressive Models" (with D. Sun), Journal of Business and Economic Statistics, 2005
	"Review on Stiglitz and Greenwald’s Towards a New Paradigm for Monetary Economics," (book review) International Review of Economics and Finance, 2005
Podgursky, Michael	"Introduction: From Equity to Adequacy to Choice," Peabody Journal of Education, forthcoming
	"A New Defendant at the Table: An Overview of Missouri School Finance and Recent Litigation," Peabody Journal of Education, forthcoming
	"Fiscal Effects of a Tuition Tax Credit Program in Missouri" (with Brodsky & Hauke), Show-Me Institute Report, 2008
	"Peaks, Cliffs, and Valleys: The Peculiar Incentives of Teacher Pension Systems" (with Costrell), Education Next, 2007
	"Golden Peaks and Perilous Cliffs: Rethinking Ohio's Teacher Pension System" (with Costrell), Fordhm Institute Report, 2007
	"Teacher Performance Pay: A Survey" (with M. Springer), Journal of Policy Analysis and Management, 2007
	"Credentials Versus Performance: A Review of Teacher Incentive Pay Research" (with M. Springer), Peabody Journal of Education, 2007
	"Teams Versus Bureaucracies: Personnel Policy, Wage-Setting, and Teacher Quality in …" Charter Schools: Their Growth and Outcomes, 2007
	"Is Teacher Pay 'Adequate?'" School Money Trials, 2006
	"Is It Time to Rethink Teacher Pensions in Maryland?" Abell Foundation & Maryland Public Policy Institute, 2006
	"(Mis) Measuring the Relative Pay of Teachers" (with R. Tongrut) Education Finance and Policy, 2006
	"Is There a 'Qualified Teacher' Shortage?" Education Next, 2006
	"K-12 Public School Finance in Missouri: An Overview," Federal Reserve Bank of St. Louis Regional Economic Development, 2006
	"Teacher Licensing in U.S. Public Schools: The Case for Simplicity and Flexibility," Peabody Journal of Education, 2005
	"Teaching is Not Medicine," Academic Questions, 2005
	"Comment on Rivkin and Hanushek," in Brookings Papers on Education Policy: 2004, 2005
Ratti, Ronald	“Bank concentration and financial constraints on firm-level investment in Europe” (with S. Lee and Y. Seol), Journal of Banking and Finance, forthcoming
	“Oil price shocks and stock markets in the U.S. and 13 European countries:” (with J. Park), Energy Economics, forthcoming
	"Conservative Central Banks, and Nominal Growth, Exchange Rage and Inflation Targets" (with S. Bae), Economica, forthcoming
	"Political Influence and the Banking Sector: Evidence from Korea" (with J. An & S. Bae), Oxford Bulletin of Economics and Statistics, 2007
	"Economic Activity, Foreign Exchange Rate, and the Interest Rate during the Asian Crisis" (with J. Kim), Journal of Policy Modeling, 2006
Sharma, Gunjan	"Price Effects of Preferential Market Access: The Caribbean Basin Initiative and the Apparel Sector" (with C. Ozden), World Bank Economic Review, 2006
Trindade, Vitor	"Networks, Standards and Intellectual Property Rights" (with J. Moenius), Intellectual Property, Growth, and Trade, 2008
	"Inequality, Nonhomothetic Preferences, and Trade: a Gravity Approach" (with M. Dalgin and D. Mitra), Southern Economic Journal, 2008
	"The Big Push, Industrialization, and International Trade: the Role of Exports," Journal of Development Economics, 2005
	"Inequality and Trade" (with D. Mitra), Canadian Journal of Economics, 2005
Wang, X.H.	"Price and Quantity Competition Revisited," Economics Bulletin, 2008
	"Welfare Reductions from Small Cost Reductions in Differentiated Oligopoly" (with J. Zhao), International Journal of Industrial Organization, 2007
	"Optimal Decisions with Linear Random Payoff" (with C. Menezes), Manchester School, 2006
	"People Prefer a Dollar Sooner Than Later But Not Because Interest Can Be Earned" (with B. Yang), Perspectives on Economic Education Review, 2006
	"Cooperative versus Noncooperative R&D and the Mode of Foreign Expansion" (with R. Tongrut), Proceedings of the 5th Global Conference on Business & Economics, 2006
	"On Welfare under Cournot and Bertrand Competition in Differentiated Oligopolies" (with J. Hsu), Review of Industrial Organization, 2005
	"Increasing Outer Risk" (with C. Menezes), Journal of Mathematical Economics, 2005
	"Duality and the Slutsky Income and Substitution Effects of Increases in Wage Rate Uncertainty" (with C. Menezes), Oxford Economic Papers, 2005
	"Duality, Income and Substitution Effects for the Competitive Firm under Price Uncertainty" (with C. Menezes), Managerial and Decision Economics, 2005
	"Duality and Consumption Decisions under Income and Price Risk" (with C. Menezes and J. Bigelow), Journal of Mathematical Economics, 2005