My research interests include industrial organization, and applied econometrics. Google scholar page. SSRN author page. Research Gate.
"Soaking Up the Sun: Battery Investment, Renewable Energy, and Market Equilibrium" with Jackson Dorsey and Gautam Gowrisankaran. Forthcoming at Econometrica.
"Charging Into the Future: Intermittency and the Role of Energy Storage in the Transition to a Renewable Electric Grid" with Thomas Palley, Asa Palley, and Oguz Cetin.
"How Long is the Long Run? Evidence of Market Integration in Wholesale Electricity"
"Why Do Retail Prices Fall During Seasonal Demand Peaks?" with Daniel W. Sacks and Boyoung Seo. RAND Journal of Economics, 56(1), 2025: 35-54.
"Competitive Balance in Professional Sports: A Multi-Dimensional Perspective," with Levi Bognar, Scott A. Brave and Kevin A. Roberts. Sports Economics Review, 6, 2024: 1-15.
"Industry Structure, Segmentation and Quality Competition in the U.S. Hotel Industry" with Thomas N. Hubbard. Journal of Industrial Economics, 71(2), 2023: 491-537. [Hotel News Now]
"A Practitioner's Guide and MATLAB Toolbox for Mixed Frequency State Space Models," with Scott A. Brave and David Kelley. Journal of Statistical Software, 104(10), 2022: 1-40.
"Tracking the Economy with the Brave-Butters-Kelley Indexes," Indiana Business Review, 97(3), 2022.
"The Perils of Working with Big Data and a SMALL Framework You Can Use to Recognize Them," with Scott A. Brave and Michael Fogarty. Business Horizons, 62, 2022: 481-492.
"How Do National Firms Respond to Local Cost Shocks?" with Daniel W. Sacks and Boyoung Seo. American Economic Review, 112(5), 2022: 1737-1772.
"Forecasting Unemployment Insurance Claims in Realtime with Google Trends" with Daniel Aaronson, Scott A. Brave, Michael Fogarty, Daniel W. Sacks and Boyoung Seo. International Journal of Forecasting, 38(2), 2022: 567-581.
"Demand Volatility, Adjustment Costs, and Productivity: An Examination of Capacity Utilization in Hotels and Airlines," American Economic Journal: Microeconomics, 12(4), 2020: 1-44 (Lead article). [Research Highlights]
"Looking Down the Road with ALEX: Forecasting U.S. GDP," with Scott A. Brave and Michael Fogarty. Chicago Fed Letter, No. 447, October 2020.
"The Extent of the Market and Integration Through Factor Markets: Evidence From Wholesale Electricity," with Daniel Spulber. Economic Inquiry 58(3), 2020: 1076-1108.
"Using the Eye of the Storm to Predict the Wave of Covid-19 UI Claims" with Daniel Aaronson, Scott A. Brave, Daniel W. Sacks, and Boyoung Seo. Covid Economics: Vetted and Real-Time Papers 9, 2020: 59-76.
"The Stay-At-Home Labor Market: Google Searches, Unemployment Insurance, and Public Health Orders," with Daniel Aaronson, Scott A. Brave, and Michael Fogarty. Chicago Fed Letter No. 436, May 2020.
"On Demand Uncertainty in the Newsvendor Model," Economics Letters, 185, 2019.
"Forecasting Economic Activity with Mixed Frequency Bayesian VARs," with Scott A. Brave and Alejandro Justiniano. International Journal of Forecasting 35(4), 2019: 1692-1707.
"Uncovering the Sources of Team Synergy: Player Complementarities in the Production of Wins," with Scott A. Brave and Kevin A. Roberts. Journal of Sports Analytics 5(4), 2019: 247-279. [Wall Street Journal] [The Atlantic][Marginal Revolution]
"A New `Big Data' Index of U.S. Economic Activity," with Scott A. Brave and David Kelley. Economic Perspectives 43(1), 2019: 1-30.
"Nowcasting Using the Chicago Fed National Activity Index," with Scott A. Brave. Economic Perspectives 38(1), 2014: 19-37.
"Estimating the Trend Rate of Economic Growth Using the CFNAI," with Scott A. Brave. Chicago Fed Letter No. 311, June 2013.
"Diagnosing the Financial System: Financial Conditions and Financial Stress," with Scott A. Brave. International Journal of Central Banking 8(2), June 2012: 191-239. [Wall Street Journal Blog] [Bernanke at Economic Club 11.20.12] [Wall Street Journal]
"Detecting Early Signs of Financial Instability," with Scott A. Brave. Chicago Fed Letter No. 305, December 2012.
"Monitoring Financial Stability: A Financial Conditions Index Approach," with Scott A. Brave. Economic Perspectives 35(1), 2011: 22-43.
"What Is the Relationship between Large Deficits and Inflation in Industrialized Countries?" with Marco Bassetto. Economic Perspectives 34(3), 2010: 83-100.
"Chicago Fed National Activity Index Turns Ten—Analyzing Its First Decade of Performance," with Scott A. Brave. Chicago Fed Letter No. 273, April 2010.
"Preannounced Tax Cuts and Their Potential Influence on the 2001 Recession," with Marcelo Veracierto. Economic Perspectives 33(3), 2009: 17-32.