Economics – Wayne Marr

Austan Goolsbee

University of Chicago

Source: University of Chicago

Robert P. Gwinn Professor of Economics
University of Chicago, G.S.B.
5807 S. Woodlawn Ave, Chicago, IL 60637

Phone: (773) 702-5869
Fax: (773) 702-0458
email: goolsbee@gsb.uchicago.edu

EDUCATION:

Ph.D., Economics, Massachusetts Institute of Technology, May 1995
M.A., Economics, Yale University, May 1991
B.A., Economics, Yale University, summa cum laude with distinction, May 1991

OTHER AFFILIATIONS AND EXPERIENCE:

Member, Panel of Economic Advisers to the Congressional Budget Office, 2007-present; Columnist, New York Times (Economic Scene), 2006-present;
Research Associate, National Bureau of Economic Research, Cambridge, 2001-present; Research Fellow, American Bar Foundation, Chicago 1996-present

PREVIOUS POSITIONS AND EXPERIENCE:

Columnist, Slate (The Dismal Science) 2005-2006; Member, U.S. Census Advisory Committee (representing the American Economic Association) , 2001-2006; Professor of Economics, University of Chicago, G.S.B. 2001-2005;
Lead Editor, Journal of Law and Economics, 2001-2004; Special Consultant for Internet Policy, Department of Justice, Antitrust Division, 2000-2001; Associate Professor of Economics, University of Chicago, G.S.B., 1999-2001
Faculty Research Fellow, National Bureau of Economic Research, 1997-2001; Associate Editor, Law and Social Inquiry, 1997-2001; Visiting Scholar, Federal Reserve Bank of Minneapolis, 1999; Assistant Professor of Economics, University of Chicago, G.S.B., 1995-1999; Economics Staff, Senator David Boren, Washington, D.C., 1991; Member, Macroeconomic Task Force for Polish Economic Restructuring, Warsaw, Poland, 1990

ACADEMIC HONORS, GRANTS AND AWARDS:

HONORS AND AWARDS

Fulbright Scholar, 2006-2007; Named one of the 40 Under 40, Crain’s Chicago Business, 2006; PELS Lecture, Harvard University, 2006; Peter Lisagor Award for Exemplary Journalism, Society of Professional Journalists/Chicago Headline Club, 2005; Selected one of the Financial Times’ six Gurus of the Future/Best Under 40, September, 2005; Named one of the Young Global Leaders, World Economic Forum, Switzerland, 2005; Fathauer Distinguished Lecture, University of Arizona, 2003; Named one of the 100 Global Leaders for Tomorrow, World Economic Forum, Switzerland, 2002; Lumina Award for Pioneering Research in E-Commerce (with co-author Jeffrey Brown), Global; Reinsurance, Monte Carlo, 2001; Ranked as one of the “Leading Academics in Technology,” i-Street Magazine, 2001; Centel Foundation/Robert P. Reuss Scholar, 2000; Selected as one of the 30 Under 30 (“up-and-comers under 30 in Chicago; area business”), Chicago Sun-Times, 1999; William M. Massee Prize (best academic grade record in economics), Yale 1991; De Forest Prize (best public speaker), Yale 1991.

GRANTS AND FELLOWSHIPS

Grant, Kauffman Foundation, “The Survival of Entrepreneurs,” 2005; National Science Foundation (SES0312749), “The Internet and Public Schools” (Jonathan Guryan, co-PI), 2003-2006; Alfred P. Sloan Research Fellow, 2000-2002; CAREER grant, National Science Foundation (SES9984567), 2000-2003; Grant, Kauffman Foundation, “Taxes and High-Tech Entrepreneurs,” 1999; Grant, American Bar Foundation, “Tax Policy in the Open Economy,” 1997-2000; Center for Energy and Economic Policy Research Fellowship, MIT 1994; National Science Foundation Graduate Fellowship, MIT 1991-1995

TEACHING/EDUCATIONAL SERVICE

COURSES

Microeconomics (MBA); Strategy in the Information Economy (MBA); Economics and Policy for the Telecom, Media and Technology Industries (MBA); Business, Public Policy and the New Economy (MBA); The Economics of the Firm (Executive MBA Program); Public Economics (Ph.D. program, Department of Economics)

HONORS AND AWARDS

Named as “outstanding faculty”/”star” professor, Business Week’s Biennial, Guide to the Best Business Schools, 1999, 2001; ….Phoenix Award (exceptional contributions to education inside and outside the classroom), .
Chicago, G.S.B., 1998

OTHER SERVICE

Board of Trustees, University of Chicago, Charter Schools Corporation, 2007-present; Board of Trustees, Milton Academy, Milton, MA, 2005-present; Council of the University Senate, University of Chicago, 2002-2005, 2006-2009; Committee to Advise the Trustees on the Selection of the President, University of Chicago, 2005-2006;
Policy Committee, University of Chicago, G.S.B., 2004-2005; Chair, Faculty Advisory Committee on Research Infrastructure, 2004-2006

JOURNAL PUBLICATIONS

Papers are in PDF format. For published papers, the documents are usually a late draft as opposed to the final version. For the final version you will need to check the published source itself.

How Do Incumbents Respond to the Threat of Entry? The Case of Major Airlines” (with Chad Syverson, University of Chicago), forthcoming, Quarterly Journal of Economics

Valuing Consumer Goods by the Time Spent Using Them: An Application to the Internet,” (with Peter Klenow, Stanford University), American Economic Review (Papers and Proceedings), May 2006, 96(2), 108-113

The Impact of Internet Subsidies for Public Schools,” (with Jonathan Guryan, University of Chicago, GSB), Review of Economics and Statistics, May 2006, Vol. 88, No. 2: 336-347.

The Value of Broadband and the Deadweight Loss of Taxing New Technologies,” Contributions to Economic Analysis & Policy (B.E. Press Journals), 5(1), 2006.

Investment, Overhang and Tax Policy,” (with Mihir Desai, Harvard Business School), Brookings Papers on Economic Activity, 2004(2), 285-338.

The Impact and Inefficiency of the Corporate Income Tax: Evidence from State Organizational Form Data,”Journal of Public Economics, 88(11), September 2004, 2283-2299.

The Consumer Gains from Direct Broadcast Satellites and the Competition with Cable Television” (with Amil Petrin, University of Chicago, GSB) Econometrica 72(2), March 2004, 351-381.

Taxes and the Quality of Capital,” Journal of Public Economics, 88(3-4), March 2004, 519-543.

Price Competition Online: Amazon Versus Barnes And Noble,” (with Judy Chevalier, Yale University), Quantitative Marketing and Economics, 1(2), June 2003, 203-222.

How Prevalent is Tax Arbitrage? Evidence from Corporate Investments in Municipal Bonds,” (with Merle Erickson, University of Chicago, GSB and Edward Maydew, Kenan-Flagler Business School, UNC), National Tax Journal, LVI (1, part 2), March 2003, 259-270.

Investment Tax Subsidies and the Wages of Capital Goods Workers: To the Workers Go the Spoils?National Tax Journal, LVI (1, part 2), March 2003, 153-166.

Evidence on Learning and Network Externalities in the Diffusion of Home Computers,” (with Peter Klenow, Federal Reserve Bank of Minneapolis), Journal of Law and Economics, October 2002, Vol XLV (2, part 1), 317-344.

Taxes and Organizational Form: The Case of REIT Spinoffs,” (with Edward Maydew, Kenan-Flagler Business School,
UNC), National Tax Journal,
September 2002, vol. 55, 441-456.

Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry,” (with Jeffrey Brown, Kennedy School of Government), Journal of Political Economy, June 2002, 110(3), 481-507.

Competition in the Computer Industry: Online Versus Retail,” Journal of Industrial Economics, 49(4), December 2001, 487-499

The Implications of Electronic Commerce for Fiscal Policy (and Vice Versa),” Journal of Economic Perspectives, Winter 2001, 5(1) 13-24. Reprinted in Cyber Policy and Economics in an Internet Age, William Lehr and Lorenzo Pupillo, eds., forthcoming Kluwer Academic Press

The Importance of Measurement Error in the Cost of Capital,” National Tax Journal. June, 2000. vol. 53(2), pp. 215-228.

In a World Without Borders: The Impact of Taxes on Internet Commerce,Quarterly Journal of Economics, May 2000, vol 115(2), 561-576. Reprinted in The Internet Upheaval: Raising Questions, Seeking Answers in Communications Policy, Ben Compaine, ed., MIT Press. Translated and reprinted as “Limpatto dell’imposizione fiscale sul commercio elettronico negli USA: un’analasi econometrica” by Fiscalia vol. 1(2), 144-158.

Taxes, High-Income Executives, and the Perils of Revenue Estimation in the New Economy,” American Economic Review (Papers and Proceedings), May 2000, vol. 90(2), 271-275.

What Happens When You Tax the Rich? Evidence from Executive Compensation,” Journal of Political Economy, April 2000, vol. 108(2), 352-378.

Coveting Thy Neighbor’s Manufacturing: The Dilemma of State Income Apportionment,” (with Ed Maydew, University of Chicago), University of Chicago, Journal of Public Economics, January 2000, vol. 75(1), 125-143.

Evidence on the High Income Laffer Curve from Six Decades of Tax Reform:Brookings Papers on Economic Activity, 1999(2), 1-47.

Evaluating the Costs and Benefits of Taxing Internet Commerce” (with Jonathan Zittrain, Harvard Law School), National Tax Journal, 52(3), September 1999, 413-428.

Taxes, Organizational Form and the Dead Weight Loss of the Corporate Income Tax,” Journal of Public Economics, vol. 69, July 1998, 143-152.

Does R&D Policy Primarily Benefit Scientists and Engineers?American Economic Review (Papers and Proceedings), 88(2), May 1998, 298 – 302.

The Business Cycle, Financial Performance, and the Retirement of Capital Goods,” Review of Economic Dynamics, 1(2), April 1998, 474 – 496.

Investment Tax Incentives, Prices, and the Supply of Capital Goods,” Quarterly Journal of Economics, 113(1),
February 1998, 121 – 148.


ARTICLES IN BOOKS, CONFERENCE VOLUMES AND OTHER PUBLICATIONS:

“World Wide Wonder? Measuring the (non-) Impact of Internet Subsidies in Public Schools,” Education Next, Winter, 2006, 6(1), pp. 61-65

The TurboTax Revolution? Evaluating the Ability of Technology to Solve the Tax Complexity Dilemma,” in The Crisis in Tax Administration, edited by Henry Aaron and Joel Slemrod, , 124-137, Brookings Institution Press (Washington, D.C.).

Subsidies, the Value of Broadband, and the Importance of Fixed Costs,” in Broadband: Should we Regulate High-Speed Internet Access?, Robert Crandall and James H. Alleman, eds. 2002, 278-294, Brooking Institution Press (Washington, D.C.).

Education and the Internetin The Economic Payoff from the Internet Revolution, Robert Litan, and Alice Rivlin, eds., 2001. Internet Policy Institute/Brookings Institution Press (Washington, D.C.), 269-284.

Tax Sensitivity, Internet Commerce, and the Generation Gap,” in Tax Policy and the Economy, volume 14 (2000), 45-66, James Poterba, ed., MIT Press, Cambridge, MA.

It’s Not About the Money: Why Natural Experiments Don’t Work on the Rich,”in Does Atlas Shrug? The Economic Consequences of Taxing the Rich, J. Slemrod, ed., 2000, 141-158. Russell Sage Foundation and Harvard University
Press, Cambridge, MA.

“Why the Network Effect is so Striking,” Financial Times, (Mastering Strategy, Part One), September 27, 1999.Reprinted in Mastering Strategy: The Complete MBA Companion in Strategy, pp. 21-22, 2000, (Financial Times Prentice-Hall; London, U.K.)

WORKING PAPERS

Are Durable Goods Consumers Forward Looking? Evidence from College Textbooks,” (with Judy Chevalier, Yale University), revised and resubmitted, Quarterly Journal of Economics

Playing with Fire: Cigarettes Taxes and Competition from the Internet” (with Joel Slemrod, University of Michigan)

“Estimating Adjustment Costs with Data on Heterogeneous Capital Goods,” (with David Gross, University of Chicago), University of Chicago revise and resubmit, Journal of Monetary Economics.

OTHER PUBLICATIONS:

James Heckman’s Contributions to Law and Economics,”Law and Social Inquiry, Winter 2002, 27(1), 1-5.

Comment” on James Hines and Adam Jaffe “International Taxation and the Location of Inventive Activity,“ in International Taxation, James Hines, ed, 2000. National Bureau of Economic Research and University of Chicago Press, Chicago, IL.

Review” of Fiscal Policy: Lessons from Economic Research, Alan Auerbach, ed., MIT Press, 1998 in National Tax Journal, 51(2), June 1998, pp. 405 – 409.

OTHER WRITINGS AND COLUMNS:

Link to New York Times Economic Scene columns, Slate Dismal Science columns, and other articles

REFEREE:

American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Journal of Public Economics, Rand Journal of Economics, B.E. Press Journal in Economics Analysis and Policy, Journal of Labor Economics, Journal of Law and Economics, National Tax Journal, Journal of Industrial Economics, Review of Economic Dynamics, Economic Inquiry, Economic Journal, Journal of Public Economic Theory, International Taxation and Public Finance, Law and Society Review, Law and Social Inquiry, Journal of Accounting Research, National Science Foundation, Journal of Business.

PERSONAL:

Married (to Robin Winters Goolsbee), three children (Aden, Addison, Emmett)