Recent Publications


Kaplan, David M., and Longhao Zhuo (forthcoming).  Frequentist properties of Bayesian inequality tests.  Journal of Econometrics.

Kim, Dongwoo, Cory Koedel, Wei Kong, Shawn Ni, Michael Podgursky, and Weiwei Wu (forthcoming). Pensions and Late Career Teacher Retention. Education Finance and Policy.

Kim, Dongwoo, Cory Koedel, and P. Brett Xiang (forthcoming). The Trade-off Between Pension Costs and Salary Expenditures in the Public Sector (with Dongwoo Kim and P. Brett Xiang). Journal of Pension Economics and Finance.

Kim, Taehwan (forthcoming). Price Competition and Market Segmentation in Retail Gasoline: New Evidence from South Korea. Review of Industrial Organization.

Li, Diyi, Cheng Qian, and Cory Koedel (forthcoming). Non-Resident Postsecondary Enrollment Growth and the Outcomes of In-State Students. Contemporary Economic Policy.

Li, Diyi, and Cory Koedel (forthcoming). Representation and Salary Gaps by Race/Ethnicity and Gender at Selective Public Universities. Educational Researcher.

Koedel, Cory and Jiaxi Li (forthcoming). The Efficiency Implications of Using Proportional Evaluations to Shape the Teaching Workforce. Contemporary Economic Policy.

Wilson Kang, K. Lee, and R. Ratti "Economic Policy Uncertainty and Firm-Level Investment", Journal of Macroeconomics, forthcoming.

Shawn Ni, Michael Podgursky, and Xiqian Wang. Teacher Pension Plan Incentives, Retirement Decisions, and Workforce Quality, Journal of Human Resources

Chu, Shiou-Yen “Credit Frictions and Consumption Dynamics in an Open Economy,” International Review of Economics and Finance.

Chyi, Yih-Luan, Yee-Man Lai & Wen-Hsien Liu "Knowledge Spillover and Firm Performance in the High-Tech Industries,”Research Policy.

de Castro, Luciano, Antonio Galvao, David M. Kaplan and Xin Liu. Smoothed GMM for quantile models. Journal of Econometrics 213(1), 121-144.
Noh, Sanha. Posterior Inference on Parameters in a Nonlinear DSGE Model via Gaussian-Based Filters. Computational Economics (2019).

Koedel, Cory, Jiaxi Li, Matthew G. Springer, and Li Tan (2019). Teacher Performance Ratings and Professional Improvement. Journal of Research on Educational Effectiveness 12(1), 90-115.

Parsons, Eric, Cory Koedel, and Li Tan (2019). Accounting for Student Disadvantage in Value-Added Models. Journal of Educational and Behavioral Statistics 44(2), 144-179.

Tan, Li, and Cory Koedel (2019). The Effects of Differential Income Replacement and Mortality on U.S. Social Security Redistribution. Southern Economic Journal 86(2), 613-37.


Koedel, Cory, Jiaxi Li, Matthew G. Springer and Li Tan (2017). The Impact of Performance Ratings on Job Satisfaction for Public School Teachers. American Educational Research Journal 54(2), 241-278.

Koedel, Cory, and P. Brett Xiang (2017). Pension Enhancements and the Retention of Public Employees. Industrial and Labor Relations Review 70(2), 519-551.

Koedel, Cory, Diyi Li, Morgan S. Polikoff, Tenice Hardaway and Stephani L. Wrabel (2017). Mathematics Curriculum Effects on Student Achievement in California. AERA Open 3(1), 1-22.

Li, Diyi, and Cory Koedel (2017). Representation and Salary Gaps by Race/Ethnicity and Gender at Selective Public Universities. Educational Researcher 46(7), 343-354.


Backes, Ben, Dan Goldhaber, Cyrus Grout, Cory Koedel, Shawn Ni, Michael Podgursky, P. Brett Xiang and Zeyu Xu (2016). Benefit or Burden? On the Intergenerational Inequity of Teacher Pension Plans. Educational Researcher 45(6), 367-377.
Ehlert, Mark, Cory Koedel, Eric Parsons and Michael Podgursky (2016). Selecting Growth Measures for Use in School Evaluation Systems: Should Proportionality Matter? Educational Policy 30(3), 465-500.

J. Isaac Miller and Xi Wang “Implementing Residual-Based KPSS Tests for Cointegration with Data Subject to Temporal Aggregation and Mixed Sampling Frequencies,” Journal of Time Series Analysis.

Geiguen Shin, Seung-Whan Choi, and Shali Luo "Do Economic Sanctions impair Target Economies?" International Political Science Review


Koedel, Cory, Eric Parsons, Michael Podgursky and Mark Ehlert (2015). Teacher Preparation Programs and Teacher Quality: Are There Real Differences Across Programs?Education Finance and Policy 10(4): 508-534.

Hughes, Andrew, Cory Koedel and Joshua A. Price (2015). Positional WAR in the National Football League. Journal of Sports Economics 16(6): 597-613.

Parsons, Eric, Cory Koedel, Michael Podgursky, Mark Ehlert and P. Brett Xiang (2015). Incorporating End-of-Course Exam Timing into Educational Performance Evaluations. Journal of Research on Educational Effectiveness 8(1): 130-147.

Ehlert, Mark, Cory Koedel, Eric Parsons and Michael Podgursky (2015). A Research-Based Response to Federal Non-Regulatory Guidance on Growth Models. In Value Added Modeling and Growth Modeling with Particular Application to Teacher and School Effectiveness (eds. Hong Jiao and Robert W. Lissitz). Charlotte, NC: Information Age Publishing, Inc.


Shali Luo and J. Isaac Miller “On the Spatial Correlation of International Conflict Initiation and Other Binary and Dyadic Dependent Variables,” Regional Science and Urban Economics.

Shawn Ni and Youn Seol, "New Evidence on Excess Sensitivity of Household Consumption", Journal of Monetary Economics.


Wilson Kang "The Impact of Mandatory IFRS Adoption on the Earnings-Returns Relation", Applied Financial Economics, 2013

Wilson Kang with R. Ratti "Structural Oil Price Shocks and Policy Uncertainty", Economic Modelling, 2013.

"The Impact of Mandatory IFRS Adoption on the Earnings-Returns Relation", Applied Financial Economics, 2013

Ehlert, Mark, Cory Koedel, Eric Parsons and Michael Podgursky "The Sensitivity of Value-Added Estimates to Specification Adjustments: Evidence from School- and Teacher-Level Models in Missouri." Statistics and Public Policy

Liu, Wen-Hsien, Ching-Fan Chung & Kuang-Liang Chang "Inventory Change, Capacity Utilization and the Semiconductor Industry Cycle,” Economic Modelling.

Chenhang Zeng "Optimal Advance Selling Strategy under Price Commitment," Pacific Economic Review.

Choi, Seung-Whan & Shali Luo “Economic Sanctions, Poverty, and International Terrorism: An Empirical Analysis,”International Interactions.

Liu, Lin & X. H. Wang "Entry Bias and Product Substitutability,
"Journal of Institutional and Theoretical Economics

Koedel, Cory, Michael Podgursky and Shishan Shi " Teacher Pension Systems, the Composition of the Teaching Workforce, and Teacher Quality". Journal of Policy Analysis and Management.

Bhatt, Rachana, Cory Koedel & Douglas Lehmann " Is Curriculum Quality Uniform? Evidence from Florida." Economics of Education Review

Liu, Lin and Anthony Dukes "Consideration Set Formation with Multiproduct Firms: The Case of Within-Firm and Across-Firm Evaluation Costs," Management Science.


Seoung Joun Won & Jongick Jang "Nonlinear Income Inequality Effect on Software Piracy" The Korean Journal of Economics

Koedel, Cory, Rebecca Leatherman & Eric Parsons “Test Measurement Error and Inference from Value-Added Models,”The B.E. Journal of Economic Analysis & Policy

Koedel, Cory & Teerachat Techapaisarnjaroenkit “The Relative Performance of Head Start,” Eastern Economic Journal
(This paper was awarded the Eckstein prize for the best article published in the Eastern Economic Journal in 2011 and 2012.)

Koedel, Cory & Eric Tyhurst “Math Skills and Labor-Market Outcomes: Evidence from a Resume-Based Field Experiment,”Economics of Education Review

Liu, Lin, X. H. Wang & Bill Yang "Strategic Choice of Channel Structure in an Oligopoly," Managerial and Decision Economics