Education and Certification
•PhD - Washington University in St. Louis (Economics, 1999)
•AM - Washington University in St. Louis (Economics, 1996)
•MBA with High Honors - University of Chicago (Economics and Finance, 1994)
•Certified Public Accountant (Illinois, certificate no. 52,878, 1990)
•BS with Distinction - Indiana University (Business, 1989)
Current Positions
•Florida State University, College of Law, Associate Professor of Law & Economics (2007 – present)
•Florida State University, Departments of Economics and Political Science, Associate Professor (2008 – present, by courtesy)
•Stanford University, Hoover Institution, Campbell National Fellow (Fall 2007, Summer 2008, Summer-Fall 2009)
•Economic Advisors, Business intelligence and litigation support (2000 – present)
Past Positions
•Montana State University, Department of Agricultural Economics and Economics, Associate Professor (2006–07), Assistant Professor (2002–06)
•Executive Office of the President, Council of Economic Advisers (Chairmen Ben Bernanke and Edward Lazear), Senior Economist (2005–06)
•University of California at Berkeley, School of Public Health, Robert Wood Johnson Foundation Scholar in Health Policy Research (2001–03)
•University of Tennessee, Department of Economics, Assistant Professor and member of the graduate and Physician Executive MBA faculties (2000–02)
•Washington University in St. Louis, Center in Political Economy, Research Fellow (Spring 2000)
•INDETEC International, Litigation Support Group, Economist (1996–99)
•Whitman Corporation, Manager of Corporate Finance (1991–93), Staff and In-Charge Financial Statement Auditor (1990–91), Intern (1988)
Other Experience
•Top Secret Security Clearance (2005–06)
•Federal Reserve Bank of Minneapolis, Beige Book Contact (2003–06)
•Federal Reserve Bank of Kansas City, Visiting Co-Author (2002–04)
Research and Publications
Top 5% Author: Social Science Research Network, http://ssrn.com/author=301243
Interests: Politics, law, and economics; regulation; corporate finance
Books and Chapters
1.Political Economy (edited with Norman Schofield). London: Routledge. (Under contract)
2.Democratic Governance and Economic Performance: How Accountability can go too far in Politics, Law, and Business. 2009. New York: Springer. (Available summer)
3.Money, Financial Intermediation, and Governance (with Michael J. Orlando, and foreword by Antoine Martin). 2008. Edward Elgar Publishing.
4.Constraining Rational Choice: Allocation Versus Efficiency and the Origin of Commitment Problems (with Gary Miller). 2004. In Irwin Morris, Joe Oppenheimer, and Karol Soltan (eds.) Politics from Anarchy to Democracy (pp. 110-131). Palo Alto: Stanford Law and Politics.
5.Contributions (with Steve Parsons) to the Encyclopedia of Healthcare Management. 2004. Michael J. Stahl (ed.). Thousand Oaks, London, New Delhi: Sage Publications.
Scholarly Articles
6.Auditor Independence and Earnings Quality: Evidence for Market Discipline vs. Sarbanes-Oxley Proscriptions (with James Brown and Michael Orlando). Invited for revision and resubmission to the American Law and Economics Review. Working paper available at http://ssrn.com/abstract=940847.
7.Shareholder Democracy and Corporate Governance. Forthcoming in the Review of Banking and Financial Law (Boston University Law School).
8.Can Lobbying Prevent Anticompetitive Outcomes? Evidence on Consumer Monopsony in Telecommunications. 2008. Journal of Competition Law and Economics 4(4):1065-96.
9.Does a Hospital’s Profit Status Affect its Operational Scope? (with Marco Castañeda). 2008. Review of Industrial Organization 33(2):129-59. Awarded Best Paper by a Junior Author by the Industrial Organization Society.
10.Aggregate Health Expenditures, National Income, and Institutions for Private Property. 2005. Economics & Politics 17(3):391-429.
11.Is Auditor Independence Endogenous? Evidence and Implications for Public Policy (with Michael Orlando). 2003. Research Division Working Paper 03-13, Federal Reserve Bank of Kansas City.
12.Credible Commitments and Investment: Do Checks on the Ability or Incentive for Opportunism Matter? 2003. Economic Inquiry 41(4):660-74.
13.Can Theoretically Latent Groups Influence Policy Decisions? The Case of Telecommunications Policy. 2003. Journal of Law, Economics, and Organization 19(1):83-105.
14.Golden Parachutes: Credible Commitments or Evidence of Shirking? 2002. Journal of Corporate Finance 8(2):159-78.
15.Does Partisan Heritage Matter? The Case of the Federal Reserve. 2002. Journal of Law, Economics, and Organization 18(2):488-510.
16.Constraining Leviathan: Moral Hazard and Credible Commitment in Constitutional Design (with Gary Miller). 2001. Journal of Theoretical Politics 13(4):389-411.
Other Articles
17.If We Want Low-Priced Homeowners Insurance, We Need Political Risk Insurance (with Christopher Douglass). 2009. Orlando Sentinel, January 29.
18.Rocking the Fed’s Boat (with Michael J. Orlando). 2008. Hoover Digest (4):47-52.
19.When Deficits Make Sense. 2008. Hoover Digest (3):72-5.
20.Cutting the Dividends Tax…and Corporate Governance Too? (with Michael J. Orlando). 2005. Corporate Ownership & Control 3(2):31-4.
21.Optimization in the Production of Governance Services: Lessons for the Regulation of Auditor Independence (with Michael Orlando). 2004. Financiële Studievereniging Rotterdam (FSR) Forum 6(2):16-23.
22.Book review of Usha Haley’s (2001) Multinational Corporations in Political Environments. New Jersey, London, Singapore, and Hong Kong: World Scientific. Published in the 2002 International Journal of Organizational Analysis 10(3):290-2.
Working Papers
23.Sex Differences in Risk Taking? Evidence from Female Representation in Legislatures. Available at http://ssrn.com/abstract=418340.
24.Electoral Accountability and Consumer Monopsony: Evidence from Elected vs. Appointed Regulators. Available at http://ssrn.com/abstract=645401.
25.Can Electoral Mobility Diminish Economic Performance? Evidence from the US Telecommunications Sector. Available at http://ssrn.com/abstract=413583.
26.The Confederate Flag: Southern Heritage or Racial Bias? Available at http://ssrn.com/abstract=988225.
Dissertation
Decisions, Decisions, Decisions: Essays on How Interested Individuals Influence Collective Choices
Committee and readers: Marcus Berliant (chair), Gary Miller, Robert Parks, Norman Schofield, Lee Benham, and Itai Sened
Courses Taught
•Law: Business Associations, Corporate Finance, Insurance Law: A Law and Political Economy Approach, Economic Regulation of Business
•Executive MBA: Managerial Economics
•Graduate: Math for Economists, Microeconomics, Macroeconomics
•Undergraduate: Economics and Politics of Strategy, Health Economics, Macroeconomics (principles and intermediate), Microeconomics (principles), Money and Banking
Academic, Professional, and Public Presentations
2009
1.Stanford University (Hoover Institution)
2.University of San Diego (American Law and Economics Association)
3.Florida State University (College of Law)
4.Florida State University (Economics of Crime Symposium)
5.Florida House of Representatives (Office of the Speaker-Designate)
6.Florida Chamber Property Insurance Summit (Orlando, FL)
7.University of Chicago Alumni Club (Tallahassee, FL)
8.Capital Campus Florida (Mercatus Center at GMU and FSU Law)
9.Florida Senate (Select Committee on Florida’s Economy)
10.State of the Florida Insurance Market Summit (Orlando, FL)
2008
11.University of Texas (Law, Business & Economics)
12.Cornell University (Corporations, Shareholders, and Policy)
13.Cornell University (Law and Economics)
14.Washington University in St. Louis (CNISS)
15.University of Toronto (ISNIE)
16.Florida State University (Political Science)
17.Florida State University (Economics)
2007
18.State of the Florida Insurance Market Summit (Orlando, FL)
19.NYU School of Law (Conference on Empirical Legal Studies)
20.Washington University in St. Louis (Center in Political Economy)
21.Kiwanis International (Bozeman, MT)
22.Midwest Political Science Association (Chicago, IL)
23.Gallatin Association of Realtors (Bozeman, MT)
24.Florida State University (College of Law)
25.Naval Postgraduate School (Business and Public Policy)
26.Santa Clara University (Economics)
27.Opportunity Link (Keynote address, Great Falls, MT)
28.Tulane University (Economics)
2006
29.Aspen Pointe Speakers Series (Bozeman, MT)
30.Montana Council on Economic Education (Keynote address, Helena, MT)
31.University of Colorado (ISNIE)
32.Federal Reserve Bank of Kansas City
33.The White House (Center for the Study of the President)
34.George Washington University (Washington Area Finance Association)
35.NERA Economic Consultants (San Francisco, CA)
2005
36.Southern Economic Association (Washington, DC)
37.Department of Homeland Security (Washington, DC)
38.Public Choice Society (New Orleans, LA)
2004
39.University of Guelph (Economics)
40.Stanford University (Society for Political Methodology)
41.Western Economic Association (Vancouver, BC)
42.Washington University in St. Louis (Center in Political Economy)
2003
43.Montana State University (Conference on Collective Action)
44.Robert Wood Johnson Scholars in Health Policy Research (Aspen, CO)
2002
45.Western Economic Association (Seattle, WA)
46.Robert Wood Johnson Scholars in Health Policy Research (Aspen, CO)
47.Vanderbilt University (Midwest Macroeconomics Conference)
48.Public Choice Society (San Diego, CA)
49.Montana State University (Agricultural Economics & Economics)
2001
50.Washington University in St. Louis (CNISS)
51.University of California at Berkeley (ISNIE)
52.Vanderbilt University (Economics)
53.Public Choice Society (San Antonio, TX)
54.University of Maryland (Political Science)
2000
55.Midwest Political Science Association (Chicago, IL)
56.Midwest Economic Association (Chicago, IL)
57.Public Choice Society (Charleston, SC)
58.University of Tennessee (Economics)
59.Yale University (RWJF Scholars)
60.University of California at Berkeley (RWJF Scholars)
61.West Virginia University (Economics)
62.Econometric Society (Boston, MA)
1999
63.Econometric Society (University of Wisconsin)
64.Michigan State University (Political Science)
65.World Bank (ISNIE)
66.Purdue University (Midwest Economic Theory)
67.Midwest Political Science Association (Chicago, IL)
68.Public Choice Society (New Orleans, LA)
1998
69. Midwest Political Science Association (Chicago, IL)
Media Appearances
•Quoted in “Consumer Group Urges Insurance Bill Veto.” Published in the Bradenton Herald (Tampa, FL), May 5, 2009.
•Talk show guest on “Open Range” (KMMS, AM 1450, Fox News affiliate for southwest Montana), June 28, 2007. Topic – “Retirement Security.”
•Talk show guest on “Open Range” (KMMS, AM 1450, Fox News affiliate for southwest Montana), June 18, 2007. Topic – “Money 101.”
•Talk show guest on “Open Range” (KMMS, AM 1450, Fox News affiliate for southwest Montana), May 21, 2007. Topic – “The Fed.”
•Talk show guest on “Open Range” (KMMS, AM 1450, Fox News affiliate for southwest Montana), April 2, 2007. Topic – “Affordable Housing.”
•Interview on “Poor People Need More Opportunities, MSU Economist Says.” Published in the Bozeman Daily Chronicle, February 27, 2007.
•Interview on “Poverty Should be Fought on Personal Level.” Published in the Great Falls Tribune, January 28, 2007.
•Interview on “Economist Brings White House Experience to MSU Business Students.” Published in the Dillon Tribune, November 29, 2006.
•Interview on “White House Advisor at MSU.” Published in the Miles City Star, November 28, 2006.
•Interview on “Economist Brings White House Experience to MSU.” Published in the Bozeman Daily Chronicle, November 27, 2006.
•Interview on “MSU Instructor Returns from Advising at the White House.” Published in the Miles City Star, November 27, 2006.
•Interview on “Presidential Adviser Returns to MSU.” Published in the Great Falls Tribune, November 26, 2006.
•Interview on “Economist Brings White House Experience to MSU Students.” Published in the Sidney Herald - Leader, November 26, 2006.
•Written testimony for US Treasury Secretary John Snow on “White House Opposes Muni-Bond Bailout.” Published in the Wall Street Journal, October 7, 2005, p. C4.
•Interview on “MSU Economist Picked to Advise White House.” Published in the Bozeman Daily Chronicle (Montana), July 1, 2005.
•Interview on “Social Security Reform.” Appeared on KXLF (CBS television affiliate for southwest Montana), June 27, 2005.
•Interview on “Full Steam Ahead: Local Economy Continues to Gain Ground After Year of Record Growth.” Published in Business to Business: A Trade Journal for Southwest Montana, February 17, 2004.
•Interview on “Interest Rates.” Published in Business to Business: A Trade Journal for Southwest Montana, September 30, 2003.
Service
Professional
•Referee - American Law and Economics Review, American Political Science Review, Comparative Political Studies, Economic Inquiry, Economics & Politics, Industrial and Corporate Change, Journal of Economic Behavior and Organization, Journal of Economics, Journal of Law, Economics, & Organization, Journal of Public Economic Theory, Journal of Theoretical Politics, National Science Foundation, Public Finance Review, Review of Economics and Statistics, Southern Economic Journal
•Chair/Discussant - Econometric Society, International Society for New Institutional Economics, Midwest Economic Association, Midwest Political Science Association, Public Choice Society, Western Economics Association
University, College, and Department
•Faculty Liaison (FSU Law) – Mercatus Center at George Mason University, Capital Campus Florida
•Faculty Advisor (FSU Law) – Healthcare Law Society, Middle Eastern Law Students’ Association, JD/MBA and JD/MS joint degree programs
•Committee Member (Montana State University) – Advisory (2), Graduate Affairs, Junior Search, Masters Theses (4)
•Organizer (Montana State University) – Political Economy Reading Group
•Committee Member (University of Tennessee) – Graduate Program, Macroeconomic Search, Masters Thesis (mathematics), Ph.D. Qualifying Exams for Microeconomic Theory and Public Finance, Undergraduate Honors Thesis
•President (Washington University) – Graduate Student Association
•Organizer (Washington University) – Seminar in Political Economy
Conference Sponsorship and Organization
•Corporate Governance and US Economic Performance: A View from the Council of Economic Advisers. Distinguished lecture by the Honorable Randall S. Kroszner, University of Chicago, February 25, 2005
•Studies in Public and Private Governance, Vancouver, BC, June 30 – July 3, 2004 (a set of organized panels for the Western Economic Association)
•Conference on Collective Action, Montana State University, July 25-26, 2003
Competitive Academic Awards
•Montana State University (2005): Letters and Science Research Enhancement Awards (3)
•Montana State University (2004): Course reduction award under the Buy-out for Enhancing Scholarship and Teaching (BEST) Program
•University of Tennessee (2001-02): Scholarly Research Grant
•Washington University (1995-1999): Center in Political Economy Dissertation Fellowship, John Stuart Mill Graduate Fellowship, John M. Olin Fellowship, Research Grants (3)
References
Jonah Gelbach, PhD
Associate Professor
Department of Economics
University of Arizona
Tucson, AZ 85721-0108
Jonathan Klick, JD, PhD
Professor
Law School
University of Pennsylvania
Philadelphia, PA 19104
Gary Miller, PhD
Professor
Department of Political Science
Washington University
St. Louis, MO 63130
Michael Orlando, PhD, MBA
Principal
Economic Advisors, Inc.
Denver, CO 80209