USNA Economics faculty
perform original research in a varied range of fields, including time series
econometrics, law and economics, industrial organization, empirical and
theoretical macroeconomics, health economics, economic growth, international
trade and trade policy, and labor economics. In recent years, faculty members
have published research in many top general interest and field journals,
including the Journal
of International Economics, Journal of Economic Perspectives, Public Economic
Theory, Journal of Applied Econometrics, Economic Inquiry, International
Economic Review, Contemporary Economic Policy, Journal of Economic Behavior and
Organization, the Southern Economic Journal, Experimental Economics, and the Journal of Human Resources, to name a few
examples. In addition, Professor Brendan Cunningham has co-edited
the Journal of Media Economics. The robust research atmosphere in the
department is augmented by faculty experience spending time at the Federal
Trade Commission,
Also, recently
Professors and co-authors, Pamela Schmitt and Kurtis
Swope, received a National Science Foundation grant to continue work in their
already established research agenda in game theory and experimental
economics. The three-year continuing grant, titled “Laboratory
Studies of Holdout and Efficiency in Multilateral Bargaining,” was
awarded through the NSF’s Decision, Risk and Management Sciences (DRMS)
program.
And in 2009, Assistant
Professor Melinda Miller won the Allen Nevins Prize for best Doctoral
Dissertation in American Economic History, for her dissertation, “Essays
on Race and the Persistence of Economic Inequality.”
Below is a
chronological listing of faculty publications in recent years. For additional
publications, see our working paper archive as well as the websites of individual faculty
members.
Forthcoming and 2012 publications:
CUNNINGHAM, Brendan M., “Smaller Pie, Larger Slice: How Bargaining Power Affects the Decision to Bundle”, BE Journal of Economic Analysis and Policy, Vol. 12, Issue 1, April 2012 (with Peter J. Alexander and Nodir Adilov).
GOODMAN, Rae Jean B., “Faculty Development: mentoring,
evaluation,documentation and resources,” in Gail M. Hoyt and KimMarie McGoldrick
(eds) International Handbook on Teaching and Learning Economics, 2012,
Northampton, MA: Edward Elgar, 707-722.
RAHMAN, Ahmed S. and SMITH, Katherine A. “Nation Building and Economic Growth”
American Economic Review P&P 102(3) 2012, 278-282. (w. Ellyn Creasey (USNA
2011).
THIERFELDER, Karen, forthcoming. International Trade and CGE Models: Theory,
Practice, Problems, Improvements. World Scientific Studies in International
Economics. (w. Sherman Robinson).
2011:
BRADY, Ryan R. “How the Housing and Financial Wealth
Effects Have Changed over Time,” The B.E. Journal of Macroeconomics,
(2011), Vol. 11: Iss. 1 (Topics), Article 28 (w. Stimel, DS)
BRADY, Ryan R. “Measuring the diffusion of housing prices across space and over
time,” Journal of Applied Econometrics, 26, 2 (March), (2011)
213-231.
BRADY, Ryan R. “Consumer Credit, Liquidity, and the Transmission Mechanism of
Monetary Policy,” Economic Inquiry, 49, 1 (January), (2011) 246-263.
GLASER, Darrell J. and RAHMAN, Ahmed S. “Human Capital and
Technological Transition - Insights from the U.S. Navy” Journal of Economic
History, 71(3) 2011, 704-729.
SCHMITT, Pamela M. and SWOPE, Kurtis J. “ An Experimental Dynamic Public Goods
Game with Carryover” Journal of Economic Behavior and Organization, 80(3)
2011, 523 - 531. (w. Patrick Wayland (USNA 2010) and John Cadigan).
SCHMITT, Pamela M. and SWOPE, Kurtis J., “The Holdout Problem and Urban Sprawl:
Experimental Evidence" Journal of Urban Economics 69 (2011) 72 - 81. (w.
Robert Shupp and John Cadigan).
SMITH, Katherine A. "Can Financing Constraints
Explain the Asset Pricing Puzzles in Production Economies?" International
Economic Review 52 (2011) 739-765.
SWOPE, Kurtis J. and SCHMITT, Pamela M., “Contracts, Behavior, and the Land
Assembly Problem: Experimental Evidence” in Research in Experimental
Economics Volume 14, 151 - 180. (w. Ryan Wielgus (USNA 2009) and John
Cadigan).
2010:
BRADY, Ryan R, and
CUNNINGHAM, Brendan M. "A Theory of Network
Build-Out: the Case of
GLASER, Darrell J. “Time-Varying effects of human capital on military retention,” Forthcoming, Contemporary Economic Policy, 29: 231–249, 2010.
GOODMAN, Rae Jean B. “Problem-based Learning: Merging of
Economics and Mathematics,” Journal of Economics and Finance,
34: 477-483, 2010.
RAHMAN, Ahmed S. “Fighting the Forces of Gravity - Seapower and Maritime Trade Between the 18th and 20th
Centuries,” Explorations in Economic History, January, 2010,
28-48.
SCHMITT, Pamela M. “Strategic Entry Deterrence and
Terrorism: Theory and Experimental Evidence” Public Choice, 143 (1-2), 2010, 3-22 (w. John Cadigan)
THIERFELDER, Karen. “Wage Subsidy and Labour Market Flexibility in
2009:
CUNNINGHAM,
Brendan M. “Faculty: Thy Administrator’s Keeper?”
Economics of Education Review, Volume 28, Number 4, August 2009; pp.
444-453.
CUNNINGHAM,
Brendan M. “Law and Innovation in Copyright Industries,” Review
of Economic Research on Copyright Issues, Volume 6, Number 1, June 2009;
pp. 61-82 (w M. Baker).
GLASER, Darrell J. "Teenage Dropouts and Drug Use: Does the Specification of Peer Group Structure Matter?" Economics of Education Review, Volume 28, Number 4, August 2009; pp. 497-504.
SMITH, Katherine A. "The Composition of Capital Flows When
Emerging Market Firms Face Financing Constrants,"
Journal of Development Economics, Volume 89, Issue 2, 2009; pp. 223-234
(w. D. Valderrama).
SWOPE, Kurtis J., SCHMITT, Pamela M. “An Experimental Study
of the Holdout Problem in a Multilateral Bargaining Game” (with ), Southern
Economic Journal 2009, 76(2), 444–457 (w. John Cadigan and Robert Shupp).
2008:
BRADY, Ryan R. “Structural Breaks and Consumer Credit: Is Consumption Smoothing finally a Reality?” Journal of Macroeconomics, 30, 2008, 1246-1268.
GREENFIELD,
Victoria A., Design of the Qatar National Research Fund, An Overview of the
Study Approach and Key Recommendations, RAND, TR-209-QF, 2008 (with Knopman, D., Talley, E., Bloom, G, Balkovich,
E., Peterson, D.J., and others).
GREENFIELD,
Victoria A. and BRADY, Ryan R., “The Changing Shape of the Defense
Industry and Implications for Defense Acquisitions and Policy,” Proceedings
of the Fifth Annual Acquisition Research Symposium, Acquisition Research,
Naval Postgraduate School (NPS), Monterey, CA, May 2008. (online here)
SCHMITT,
Pamela M., and Kurtis SWOPE ,
“Personality Preferences in Laboratory Economics Experiments” Journal
of Socio-Economics, 37, 2008, 998-1009. (w. Robert
Shupp and John Cadigan).
SCHMITT, Pamela M. and Kurtis SWOPE. “Personality
Preferences and Pre-Commitment: Behavioral Explanations in Ultimatum
Games” Journal of Economic Behavior and Organization, Vol. 66/3-4,
2008. (w. Robert Shupp
and Justin Mayer).
SWOPE, Kurtis and SCHMITT, Pamela M. “Social Position
and Distributive Justice: Experimental Evidence.” Southern Economic
Journal, 74(3), 2008, 811-818. (w. , Robert
Shupp and John Cadigan).
THIERFELDER, Karen.
"Asian Growth and Trade Poles:
THIERFELDER, Karen. “The Macroeconomic Dynamics of Scaling-up Foreign Aid,”
forthcoming in
2007:
GREENFIELD, Victoria A. “Tajikistan: The Rise of a Narco-State,” Journal of Drug Issues, vol. 37, no. 4, Fall 2007, pp. 951-980 (w. L. Paoli, I Rabakov and P. Reuter).
GREENFIELD, Victoria A. “Contractors on the Battlefield: When and How?” in Proceedings of the Fourth Annual Acquisition Research Symposium, Acquisition Research: Creating Synergy for Informed Change, Naval Post Graduate School, Monterey, CA, May 2007, available online. (w. Frank Camm).
GREENFIELD,
Victoria A. Economically Targeted Terrorism: A Review of the
Literature and a Framework for Considering Defensive Approaches,
GREENFIELD, Victoria A., Installation Mapping Enables Many Missions: The Benefits of and Barriers to Sharing Geospatial Data Assets, Santa Monica, CA: RAND Corporation, MG-552-OSD, 2007 (with Lachman, Beth E., Peter Schirmer, David R. Frelinger, Michael S. Tseng, Tiffany Nichols).
LITTLE, Roger D. and John J. Hisnanick. "The Earnings of Tied-Migrant Military Husbands," Armed Forces & Society, Volume 33, Number 4, July 2007; pp. 547-70.
2006:
CUNNINGHAM, Brendan. “Court Decisions and Equity Markets: Estimating the Value of Copyright Protection,” Journal of Law and Economics, Vol. 49, 2006 (w. Matthew Baker)
CUNNINGHAM,
Brendan “Public and Private Decision Making: The Value of Diversity in
Broadcast Television News,” Media Diversity and Localism: Meaning and
Metrics, Philip M. Napoli (Ed.), Laurence Earlbaum
Associates,
GREENFIELD, Victoria A. Using Logic Models for Strategic Planning and Evaluation, Application to the National Center for Injury Prevention and Control, Santa Monica, CA: RAND Corporation, TR-370-NCIPC, 2006 (w. Valerie L. Williams, and Elisa Eiseman, ).
SCHMITT, Pamela M. and Kurtis J. SWOPE. “On the Role of the Hostage in Ultimatum Bargaining Games” Journal of Socio-Economics, 35(3) 2006, 399-411 (w. Robert Shupp).
SWOPE, Kurtis J. and Pamela M. SCHMITT. “Personality and the Performance of Economics Majors” Journal of Economic Education 37(4), 2006, 387-394.
SMITH, Katherine A.. “Quantitative Implications of a Debt-Deflation Theory of Sudden Stops and Asset Prices,”Journal of International Economics, September 2006 (w. Enrique Mendoza).
THIERFELDER,
Karen. “The Macroeconomic Dynamics of Scaling-up
Foreign Aid,” forthcoming in
THIERFELDER, Karen. “Impact of Switching Production to Bioenergy Crops: The Switchgrass Example,” Energy Economics, Vol 20., 2006, pp. 243-265 (with McDonald, Scott, Sherman Robinson)
2005:
BOWMAN,
William R. "Marital Status and Productivity: Evidence from Personnel
Data," Forthcoming, Southern Economic Journal, Vol. 72, 2005, 63-77 (w.
SWOPE, Kurtis. "Taxes or Fees? The Political Economy of Providing Excludable Public Goods", Journal
of Public Economic Theory, 2005, 7(3),
405-426 (w.
BAKER, Matthew J. "Optimal Land Inheritance Rules: Theory and Cross Cultural Evidence," Journal of Economic Behavior and Organization, January 2005, vol 56 (1), p. 77-102 (w. T Miceli)
BAKER, Matthew J. "Credible Criminal Enforcement," European Journal of Law and Economics, 2005 vol. 20 5-15. (w. T. Miceli)
THIERFELDER, Karen. “The
Effects of Domestic Agricultural Reforms and Market Access on Trade and
Production in Less Developed Countries,” in WTO, Agriculture, and
Developing Countries, (
2004:
CUNNINGHAM, Brendan M., "Diversity in Broadcast Television: an Empirical Study of Local News," International Journal of Media Management, December 2004, vol. 4, no. 3&4, pp. 176-183.
SCHMITT, Pamela M and Kurtis SWOPE. "Multi-Period Rent Seeking Contests with Carryover: Theory and Experimental Evidence", Economics of Governance, November 2004, vol. 5, no. 3, pp. 187-211 (w. R. Shupp and J. Cadigan)
THIERFELDER, Karen E.
Professor, “Regionalism: Old and New, Theory and Practice,” in A. Goiovanni, ed. Agricultural Policy Reform and the
WTO: Where Are We Heading? (
CUNNINGHAM, Brendan M., "A Theory of Broadcast Media Competition and Commercial Advertising," Journal of Public Economic Theory, October 2004, vol. 6, no. 4, pp. 557-575 . (w. P. J. Alexander).
BAKER, Matthew J. "The Old Ball game: Organization of 19th Century Professional Base Ball Clubs," Journal of Sports Economics, August 2004, vol. 5, no. 3, pp. 277-291.
CUNNINGHAM, Brendan M., "Peer-to-Peer File Sharing Communities," Information Economics and Policy, July 2004, vol. 16, no. 2, pp. 197-213 . (w. P. J. Alexander, and N. Adilov).
FREDLAND, J. Eric. "Outsourcing Military Force: A Transactions Cost Perspective on the Role of Military Companies," Defense and Peace Economics, June 2004, vol. 15, no. 4, pp. 205-219.
SCHMITT, Pamela M. "On Perceptions of Fairness: The Role of Valuations, Outside Options, and Information in Ultimatum Bargaining Games", February 2004, Experimental Economics, , vol. 7, no. 1, pp. 49-73.
THIERFELDER,
Karen E. "Genetically Modified Foods, Trade, and Developing
Countries," in M. Ingco and
THIERFELDER,
Karen E. "Consumer Attitudes Towards Genetically
Modified Foods: The Modelling of Preference
Changes," in R. E. Evenson and V. Santaniello (eds) Consumer
Acceptance of Genetically Modified Foods (
2003:
THIERFELDER, Karen E. Professor, “Consumer Preferences and Trade in Genetically Modified Foods,” Journal of Policy Modeling, Vol. 25, No. 8, November 2003 (w. C. Nielsen and S. Robinson)
CUNNINGHAM,
Brendan M. "The Distributional Heterogeneity of Growth Effects: Some
Evidence," The
THIERFELDER, Karen E. "Free Trade Agreements and the SADC Economies," Journal of African Economies, Vol 12. No. 2. July 2003 (w S. Robinson).
GOODMAN, Rae Jean. " Regional Workshops to Improve the Teaching Skills of Economics Faculty," The American Economic Review Papers and Proceedings, May 2003, vol. 93 no. 2. (w. M Maier and R. Moore).
GOODMAN, Rae Jean B., Professor, Advanced
Placement Economics, Macroeconomics and Microeconomics: Student Activities,
3rd ed. (
GOODMAN, Rae Jean B.,
Professor, Advanced Placement Economics, Teacher Resource Manual, 3rd
ed. (
MCCOSKEY,
SUZANNE K. “The Impact of Misdiagnosing a Structural Break on Standard
Unit Root Tests:
GOODMAN, Rae Jean. "Advanced Placement Economics," Social Education, Vol 67, No.2, March 2003. (w. C. Melican)
SCHMITT, Pamela M. "A Vertically Differentiated Duopoly with Marginal Cost Differentials," International Game Theory Review, Vol 5, No 1. March 2003.
THIERFELDER, Karen E. "Trade and Tradeability: Exports, Imports, and Factor Markets in the Salter-Swan Model," The Economic Record, Vol 79, No. 244 March 2003. (w. S. Robinson)
BAKER, Matthew J., “An Equilibrium Conflict Model of Land Tenure in Hunter-Gatherer Societies,” Journal of Political Economy, Vol. 111, No. 1 February 2003.
2002:
MCCOSKEY, Suzanne K. “On the Long Run Interdependence of Stock Markets: A Tale of Correlations, Autoregressions, and Decompositions,” South African Journal of Economic and Management Sciences, Vol. 5 No. 3, 2002. (w H. C. Moolman)
SCHMITT, Pamela M., “The Impact of a Marginal Cost Increase on Price and Quality: Theory and Evidence from Airline Market Strikes,” Australian Economic Papers, Vol. 41, No. 3 September, 2002.
THIERFELDER,
Karen E. “Developing Countries and the Gains from Regionalism: Links
Between Trade and Farm Policy Reform in
THIERFELDER, Karen E. 2002. “The Global Impacts of Farm Policy Reforms in OECD Countries,” American Journal of Agricultural Economics, Vol. 84, No. 3 August 2002 (w. M. Burfisher and S. Robinson)
CUNNINGHAM, Brendan M., “The Determinants of Donative Revenue Flows from Alumni of Higher Education: An Empirical Inquiry,” Journal of Human Resources, Vol. 37, No. 3 Summer, 2002 (w. C. Cochi Ficano)
McCOSKEY, Suzanne K., “Convergence in Sub-Saharan
SWOPE, Kurtis., "An Experimental Investigation of Excludable Public Goods", in Experimental Economics, 2002, 5(3), 209- 222
BOWMAN, William R., "College Quality and Employee Job Performance: Evidence from Naval Officers," Industrial and Labor Relations Review, Vol 55, No. 4 July 2002. (w. Stephen L. Mehay)
THIERFELDER,
Karen E., “Modeling the Global Market Effects of GMOs:
The Importance of Preferences and Policy Choices,” in V. Santaniello, R.E. Evenson, and D.
Zilberman, eds. Market Developments for
Genetically Modified Agricultural Products, (
THIERFELDER, Karen E., “The Marginal Cost of Funds in Developing Countries,” in A. Fossati and W. Wiegard, eds. Policy Evaluations with Computable General Equilibrium Models, (New York: Routledge Press), 2002 (w. S. Devarajan and S. Suthiwart-Narueput)
BAKER, Matthew J., “Optimal Title Search,” Journal of Legal Studies, January 2002, (w. T. Miceli, C. Sirmans, and G. Turnbull)
THIERFELDER, Karen E., "Trade Liberalization and Regional Integration: The Search for Large Numbers." Australian Journal of Agricultural and Research Economics Vol 46. 6. 2002. (w. S. Robinson)
2001:
THIERFELDER,
Karen E., “The Impact of NAFTA on the
THIERFELDER,
Karen E., “Estimating the Global Economic Effects of GMO’s”
in P. Pardey, ed. The
Future of Food, Biotechnology Markets and Policies in an International Setting
(
BAKER, Matthew J., “Property Rights by Squatting: Adverse Possession Statutes and Land Ownership Risks,” Land Economics, August 2001 (w. T. Miceli, C. Sirmans, and G. Turnbull)
THIERFELDER, Karen E., “Genetic Engineering and Trade: Panacea or Dilemma for Developing Countries?” World Development,Vol 29, No. 8 August 2001 (w. C. Nielsen and S. Robinson)
McCOSKEY, Suzanne K., “Near Integration, Bank Reluctance, and Aggregate Discount Window Borrowing,” Journal of Banking and Finance, Vol 25, No 6, June 2001 (w. D. Dutkowsky)
McCOSKEY, Suzanne K. Assistant Professor, “Comparing Panel Data Cointegration Tests with an Application to the “Twin Deficits” Problem,” Journal of Propagations in Probability and Statistics, Vol 1, No. 2 February 2001 (w. C. Kao)
2000:
SCHMITT, Pamela, and SWOPE, Kurtis., "Collective Action with Incomplete Commitment: Experimental Evidence," (w. James M. Walker) in Southern Economic Journal, 2000, 66(4), 829-854
SWOPE, Kurtis., "Bucks for Ducks, or Money for Nothin'? The Political Economy of the Federal Duck Stamp Program," (with Daniel K. Benjamin and Terry L. Anderson) in Political Environmentalism: Going behind the Green Curtain, Terry L. Anderson editor, Stanford: Hoover Institution Press, 2000, 121-159.
THIERFELDER, Karen E., “North American Agriculture and the WTO,” American Journal of Agricultural Economics, Vol 82, August 2000, (w. M. Burfisher and S. Robinson)
BAKER, Matthew J. Assistant Professor, “Statutes of Limitations for Accident Cases: Theory and Evidence” in R. Zerbe and W. Kovacic, eds, Research in Law and Economics, 2000 (w. T Miceli)
1999:
BOWMAN, William R., Professor, “Graduate Education and Employee Performance: Evidence from Military Personnel,” (w. S. Mehay) Economics of Education Review Vol 18, No 4, 1999
FREDLAND, J.
Eric, and Adrian P. KENDRY, “The Privatisation
of Military Force: Economic Virtues, Vices and Government
Responsibility,”
McCOSKEY, Suzanne K., “Testing the Stability of a Production
Function with Urbanization as a Shift Factor,”
McCOSKEY, Suzanne K., “Estimation and Inference of a
Cointegrated Regression in Panel Data: A
McCOSKEY, Suzanne K., “Health Care Expenditures and GDP:
Panel Data Unit Root Test Results” (w. T. Selden), Journal of Health
Economics Vol 17, No. 3, 1998