I'm an Associate Professor in the Economics Department at Middlebury College. My research interests are in the areas of macroeconomics, experimental economics, and labor economics. I teach classes in introductory and advanced macroeconomics, international finance, and money and banking.
Contact:
Warner Hall 306
Middlebury College
Middlebury, VT
05754
dmunro 'at' middlebury.edu
Office Hrs F/W: M 2-3:30, W 10:30-12
Research
Working Papers:
"Zoning Reforms and Housing Affordability: Evidence from the Minneapolis 2040 Plan" with Helena Gu (Midd '25). [View]
"The Rockets and Feathers of Inflation Attention" with Oleg Korenok. [View]
"Sticky Prices as Coordination Failure: An Experimental Investigation" with Joy Buchanan. [View]
"The language of the Federal Reserve's inflation target" with Mariia Dzholos (Midd '24). [View]
"The Company You Keep: Foreign investors, risk taking, and international contagion," with Jae Hoon Choi. -[View]
Publications:
"The Emergence of a Uniform Business Cycle in the United States: Evidence from New Claims-Based Unemployment Data," with Andrew Fieldhouse, Sean Howard (Midd '20), and Christoffer Koch. Brookings Papers on Economic Activity - [View] [Historical Claims Data] (Coverage: Macro Roundup)
"Do Losses Trigger Deliberative Reasoning?" with Jeff Carpenter, (2025) Judgment and Decision Making -[View]
"How does the dramatic rise of nonresponse in the current population survey impact labor market indicators?" with Robert Bernhardt (Midd '19.5) and Erin Wolcott, (2024). Journal of Applied Econometrics - [View]
"Inflation and Attention Thresholds," with Oleg Korenok and Jiayi Chen. forthcoming, Review of Economics and Statistics- [View] [Replication Package] (Coverage: Marginal Revolution, Esprits Animaux, Economist, Financial Times, Money and Banking Blog, Bank of Canada, Bundesbank, Macroeconomic Policy Nexus)
"Market Concentration and the Responsiveness of Prices and Mark-ups," with Curtis Kephart, (2023). Journal of Behavioral and Experimental Economics - [View]
"Market Liquidity and Excess Volatility: Theory and Experiment," with Jae Hoon Choi, (2022). Journal of Economic Dynamics and Control - [View]
"Wage bargaining in a matching market: experimental evidence," with Oleg Korenok, (2021). Labour Economics - [View]
"Consumer Behavior and Firm Volatility" (2021), Journal of Money, Credit, and Banking - [View]
"Preferences for Efficiency and Redistribution: An Experiment Using Charitable Donations," with Jake Guth (Midd '19), (2020). Economics Bulletin - [View]
"Experience, Skill Composition, and the Persistence of Unemployment Fluctuations," with Aspen Gorry and Christian vom Lehn, (2020). Labour Economics - [View]
"Dynamic Runs and Circuit Breakers: An Experiment," with Jacopo Magnani (2020), Experimental Economics - [View]
"Combinatorial Clock Auctions: Price Direction and Performance," with Stephen Rassenti (2019), Games and Economic Behavior - [View]
"An Experiment on a Core Controversy," with Huibin Yan and Daniel Friedman, (2016) Games and Economic Behavior - [link]
"Combinatorial Auctions," with David Porter and Stephen Rassenti, in Thomas, Christopher R. and Shugart, William F. , (2013), The Oxford Handbook of Managerial Economics, Oxford University Press [View]
Non-Econ Research:
"Are there lane advantages in track and field?" (2022), PLOS ONE - [View] [Replication Package]