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-2023: M 12:15-1:45 and W 10:30-12pm

Research

Working Papers:

"The Emergence of a Uniform Business Cycle in the United States: Evidence from New Claims-Based Unemployment Data," with Andrew Fieldhouse, Sean Howard, and Christoffer Koch. forthcoming, Brookings Papers on Economic Activity - [View] [Historical Claims Data] (Coverage: Macro Roundup)

"The Rockets and Feathers of Inflation Attention" with Oleg Korenok. [View]

"The Company You Keep: Foreign investors, risk taking, and international contagion," with Jae Hoon Choi. -[View]

Publications:

"Do Losses Trigger Deliberative Reasoning?" with Jeff Carpenter. forthcoming, 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.  Journal of Applied Econometrics 39.3 (2024), 498-512 - [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)

"Market Concentration and the Responsiveness of Prices and Mark-ups," with Curtis Kephart. Journal of Behavioral and Experimental Economics 104 (2023): 102007  - [View]

"Market Liquidity and Excess Volatility: Theory and Experiment," with Jae Hoon Choi. Journal of Economic Dynamics and Control 139 (2022): 104442. -  [View] 

"Wage bargaining in a matching market: experimental evidence," with Oleg Korenok, (2021). Labour Economics 73, 102078  [View]

"Consumer Behavior and Firm Volatility" (2021), Journal of Money, Credit, and Banking 53 (4), 845-873. [View

"Preferences for Efficiency and Redistribution: An Experiment Using Charitable Donations," with Jake Guth (Midd '19), (2020). Economics Bulletin 40 (3), 2217-2226 [View

"Experience, Skill Composition, and the Persistence of Unemployment Fluctuations," with Aspen Gorry and Christian vom Lehn, (2020).  Labour Economics 63, 101793. [View]

"Dynamic Runs and Circuit Breakers: An Experiment," with Jacopo Magnani (2020), Experimental Economics 23, 127-153.  [View] 

"Combinatorial Clock Auctions: Price Direction and Performance," with Stephen Rassenti (2019), Games and Economic Behavior 117, 195-217. [View

"An Experiment on a Core Controversy," with Huibin Yan and Daniel Friedman, (2016) Games and Economic Behavior  96, 132-144.  [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 17(8): e0271670. [View] [Replication Package]

Resting Papers:

"Unemployment Composition and Aggregate Dynamics," (2018) [View