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Recent Publications

Department Publications

(*) denotes a current or former Macalester College Student

2022

West, Sarah. “Redevelopment along Arterial Streets: The Effects of Light Rail on Land Use Change,” with Kadek Ayu Vergianti Agustini.* Real Estate Economics, forthcoming.

Friedt, Felix L. “Ports, Trade, Employment, and Local Factor Prices: An Urban Equilibrium Theory.” Journal of Transport Economics and Policy. 56.4 (2022): 381-398.

Friedt, Felix L., Jeffrey P. Cohen and Jackson P. Lautier. “The Impact of the Coronavirus Pandemic on New York City Real Estate: First Evidence.” Journal of Regional Science. 62.3 (2022): 858-888.

Friedt, Felix L. and Aidan Toner-Rodgers*. “Natural disasters, intra-national FDI spillovers and economic divergence: Evidence from India.” Journal of Development Economics, Volume 157, June 2022

2021

Solis-Garcia, Mario. “A (pedagogical) note on the log-linearization of functions of several variables.” International Review of Economics Education 37, 100210.

Lade, Gabriel. “Residential Water Conservation During Drought: Experimental Evidence from Three Behavioral Interventions.” With Katrina Jessoe, Frank Loge and Edward Spang. Journal of Environmental Economics and Management. 110, 2021

Lade, Gabriel.  “Hurricanes and Gasoline Price Gouging.” With Timothy K.M. Beatty and Jay Shimshack. Journal of the Association of Environmental and Resource Economists. 8(2), 2021.

Lade, Gabriel.  “Conservation Spillovers and Behavioral Interventions: Experimental Evidence from Water and Energy Use.” With Katrina Jessoe, Frank Loge and Edward Spang. Journal of the Association of Environmental and Resource Economists. 8(2), 2021.

Lade, Gabriel.  “The Design of Renewable Fuel Policies and Cost Containment Mechanisms.” With C.-Y Cynthia Lin Lawell. Environmental and Resource Economics. 79(2): 213-247, 2021.

Ding, Liang.  “Conditional Correlation between Exchange Rates and Stock Prices”, Quarterly Review of Economics and Finance, Volume 80, May 2021, Pages 452-463.

Friedt, Felix L. “Natural Disasters, Aggregate Trade Resilience and Persistent Local Disruptions: Evidence from Hurricane Katrina.” Review of International Economics. March 2021.

Friedt, Felix L. and Jeffrey Cohen. “Valuation of Noise Pollution and Abatement Policy: Evidence from the Minneapolis-Saint Paul International Airport.” Land Economics. August 2021.

Friedt, Felix L. and Abigail Crispin*. “The Far Reach of Hurricane Maria: Spillover Effects on U.S. Pharmaceutical Sectors and Other Exposed Industries.” Economics of Disasters and Climate Change. October 2021.

Friedt, Felix L. and Jeffrey P. Cohen. “Perception vs. Reality: The Aviation Noise Complaint Effect on Home Values.” Transportation Research Part D: Transport and Environment. November 2021.

2020

Friedt, Felix. “Trade, Transportation and Trade Imbalances: An Empirical Examination of International Markets and Backhauls.” With Wesley W. Wilson. Canadian Journal of Economics. 53.2 (2020): 592-636

Friedt, Felix. The triple effect of Covid-19 on Chinese exports: First evidence of the export supply, import demand and GVC contagion effects” With Kaichong Zhang* Covid Economics: Vetted and Real-Time Papers. 53 (2020): 72-109

Friedt, Felix. “The Economic Impact of Seaport and Other Infrastructure Investment and Leakages: A Literature Review.” With Wesley W. Wilson. Journal of Transportation Economics and Policy. 54(4) (2020): 219-243.

Lade, Gabriel. “Costs of Inefficient Regulation: Evidence from the Bakken.” With Ivan Rudik. Journal of Environmental Economics and Management. 102: 1-19, 2020.

2019

Kronebusch, Natalie* and Amy Damon. “The effect of Conditional Cash Transfers on the Micronutrient Transition” Economics and Human Biology  Vol. 33, May, 169-180.

Damon, Amy and Aine McCarthy. “The effect of polygamy on agricultural input decisions” Agricultural Economics Vol. 50(5) pgs. 527-542.

2018

Snyder, Samantha. “Spatial and Temporal Variation in the Value of the Women, Infants, and Children Program’s Fruit and Vegetable Voucher.” with Metin Çakır, Timothy K M Beatty, Michael A Boland, Timothy A Park, Yanghao Wang. American Journal of Agricultural Economics, Volume 100, Issue 3, April 2018, Pages 691–706

Solis-Garcia, Mario. “Measuring the size of the shadow economy using a dynamic general equilibrium model with trends.” with Yingtong Xie. Journal of Macroeconomics 56: 258-275, 2018.

Solis-Garcia, Mario. “Yes we can! Teaching DSGE models to undergraduate students.” Forthcoming, Journal of Economic Education, 2018.

Damon, Amy. “Asymmetric information in microinsurance markets: Experimental evidence from Mexico” with Jonathan Bauchet and Brian Hunter. Economic Development and Cultural Change in press.

West, Sarah. “Fading premiums: The effect of light rail on residential property values in Minneapolis, Minnesota,” with Clemens Pilgram.* Regional Science and Urban Economics. 69: 1–10, 2018.

Damon, Amy. “What Education Policies and Programs Affect Learning and Time in School in Developing Countries?” with Paul Glewwe, Suzanne Wisniewki, and Bixuan Sun. Review of Education. in press.

Ding, Liang. “Asymmetric Impact of Monetary Surprises on Exchange Rates”, with Qianyi Yang*, Applied Economics, Volume 50, 2018 – Issue 7, Pages 789-803.

2017

Damon, Amy. “Microfinance bundling and consumer protection: experimental evidence from Colombia,” with Jonathan Bauchet and Vance Larsen. Forthcoming, Journal of Development Effectiveness, 2017.

Ferderer, Pete, and Gary Krueger. “Building research skills in the Macalester Economics major.” Journal of Economic Education 48(4): 301-5, 2017.

2016

Damon, Amy. “Bilingual education in Peru: evidence on how Quechua-medium education affects indigenous children’s academic achievement,” with Disa Hynsjo*. Economics of Education Review (53): 116-32, 2016.

Solis-Garcia, Mario. “Accounting for Spanish business cycles,” with Jesús Rodríguez-López. Macroeconomic Dynamics 20(3): 685-714, 2016.

Ding, Liang. “School quality and real estate prices in China,” with Wanyi Li*. International Journal of Housing Markets and Analysis, 2016.

West, Sarah. “Do consumers recognize the value of fuel economy? Evidence from used car prices and gasoline price fluctuations,” with Jim Sallee* and Wei Fan. Journal of Public Economics 135: 61-73, 2016.

2015

Damon, Amy. “Migration responses to adverse household shocks: do family relationships and types of shocks matter?” with Suzanne Wisniewski. Migration and Development 4(1): 4-22, 2014.

Moe, Karine. “Negotiating work and family in America,” with Dianna Shandy. In Conformity and Conflict: Readings in Cultural Anthropology, 15th edition, edited by David McCurdy, Dianna Shandy, and James Spradley. New York NY: Allyn & Bacon Press, 2015.

Moe, Karine. “Families and the economics of flexible workplaces.” In Economics of the Family: How Households Affect Markets and Economic Growth, edited by Esther Redmount, 115-139. Santa Barbara CA: ABC Clio Press, 2015.

Solis-Garcia, Mario. “Tax enforcement, technology, and the informal sector,” with Ceyhun Elgin. Economic Systems 39(1): 97-120, 2015.

2014

Damon, Amy. “Childhood obesity in Mexico: the effect of international migration,” with Devon Kristiansen (‘13). Agricultural Economics 45(6): 711-27, 2014.

Damon, Amy. “Angel investment and collective agricultural marketing: the case of the Minnesota Food Network,” with Diego Nicola. American Journal of Agricultural Economics 96(2): 589-97, 2014.

Moe, Karine. “Smart women, different choices: college-educated women with children negotiating work and family,” with Dianna Shandy. In Stay at Home Mothers: Dialogues and Debates, edited by Elizabeth Reid Boyd and Gale Letherby, 203-215. Bradford ON: Demeter Press, 2014.

West, Sarah. “Public transit and urban redevelopment: the effect of Light Rail Transit on land use in Minneapolis, Minnesota,” with Needham Hurst*. Regional Science and Urban Economics, 46: 57-72, 2014.

2013

Damon, Amy. “Prices, poaching, and protein alternatives: an analysis of bushmeat consumption around Serengeti National Park, Tanzania,” with Dennis Rentsch. Ecological Economics 91: 1-9, 2013.

Damon, Amy. “First of the month effect: does it apply across food retail channels?” with Rob King and Ephraim Leibtag. Food Policy 41: 18-27, 2013.

Damon, Amy. “The effectiveness of providing evidenced-based perinatal practice to low-income populations providing perinatal care: does patient income influence the delivery of quality care?” with Carmen Parrotta, Lindsey Wallace, and William Riley. Journal of Hospital Administration 2(4): 82-90, 2013.

Ding, Liang. “Portfolio reallocation and exchange rate dynamics,” with Jun Ma. Journal of Banking and Finance 37(8): 3100-24, 2013.

2012

Ding, Liang. “Exchange rates and oil prices: a multivariate stochastic volatility analysis,” with Minh Vo. Quarterly Review of Economics and Finance 52(1): 15-37,

Ding, Liang. “Semi-transparency, dealership market and foreign exchange market quality,” with Vittorio Addona and Hao Zou*. Review of Financial Economics 21(1): 1-13, 2012.

Ding, Liang. “Thursday effect of the forward premium puzzle.” International Review of Economics and Finance 21(1): 302-18, 2012.

Moe, Karine. “The opt-out phenomenon: women, work, and identity in America,” with Dianna Shandy. In Conformity and Conflict: Readings in Cultural Anthropology, 14th edition, edited by James Spradley and David McCurdy, 197-207. New York NY: Allyn & Bacon Press, 2012.

Solis-Garcia, Mario. “Public trust, taxes, and the informal sector,” with Ceyhun Elgin. Boǧaziçi Journal Review of Social, Economic and Administrative Studies 26(1): 27-44, 2012.

2011

Damon, Amy. “Valuing the benefits of the education provided by public universities: A case study of Minnesota,” with Paul Glewwe. Economics of Education Review 30(6): 1242-61, 2011.

Ding, Liang. “Asymmetric correlations in equity returns: a fundamental-based explanation,” with Hiro Miyaki* and Hao Zou*. Applied Financial Economics 21(6): 389-99, 2011.

Moe, Karine. “Review of ‘When gay people get married: what happens when societies legalize marriage’ by M.V. Lee Badgett.” Feminist Economics 17(3): 207-10, 2011.

2010

Damon, Amy. “Agricultural land use and asset accumulation in migrant households: the case of El Salvador.” Journal of Development Studies 46(1): 162-89, 2010.

Ding, Liang. “The electronic trading systems and bid-ask spreads in the foreign exchange market,” with Jonas Hiltrop*. Journal of International Financial Markets, Institutions and Money 20(4): 323-45, 2010.

Ding, Liang. “The forward premium puzzle across maturities,” with Linh To*. Economics Bulletin 30(2): 1113-9, 2010.

Moe, Karine. Glass Ceilings and 100-hour Couples: What the Opt-Out Phenomenon Can Teach Us about Work and Family, with Dianna Shandy. University of Georgia Press, 2010.

West, Sarah. “Tax and subsidy combinations for the control of car pollution,” with Don Fullerton. The B.E. Journal of Economic Analysis & Policy 10(1), 2010.

2009

Ding, Liang. “Bid-ask spread and order size in the foreign exchange market: an empirical investigation.” International Journal of Finance and Economics 14(1): 98-105, 2009.

Moe, Karine. “Heading home: women, work, and identity in America,” with Dianna Shandy. In Conformity and Conflict: Readings in Cultural Anthropology, 13th edition, edited by James Spradley and David McCurdy. New York: Allyn & Bacon Press, 2009.

West, Sarah. “Alcohol-leisure complementarity: empirical estimates and implications for tax policy,” with Ian Parry. National Tax Journal 62(4): 611-33, 2009.

West, Sarah. “Fiscal and externality rationales for alcohol taxes,” with Ian Parry and Ramanan Laxminarayan. The B.E. Journal of Economic Analysis & Policy 9(1), 2009.

2008

Ding, Liang. “Market structure and dealer’s quoting behavior in the foreign exchange market.” Journal of International Financial Markets, Institutions and Money 18(4): 313-25, 2008.

Ferderer, Pete. “Advances in communication technology and growth of the American over-the-counter markets, 1876-1929.” Journal of Economic History 68(2): 1-34, 2008.

Moe, Karine. “Measuring married women ‘Opting out’,” with Dianna Shandy. Practicing Anthropology 30(1): 18-21, 2008.

Moe, Karine. “Marking time: an analysis of youth hours of work and study in urban Mexico,” with Deborah Levison and Felicia Knaul. Review of Development Economics 12(4): 751-63, 2008.

2007

West, Sarah. “Optimal taxation and cross-price effects on labor supply: estimates of the optimal gas tax,” with Roberton Williams III. Journal of Public Economics 91(3-4): 593-617, 2007.