Adam Smith (1723-1790) was the great                                           Milton Friedman (1912-2006),

Scottish philosopher and economist who                                           possibly the greatest economist

is best known for his book The Wealth of Nations.                          of the 20^th century.                                     

*An economics professor explains why economics is a popular major @ Harvard

*80 year old gets PhD in economics at University of Chicago!! 

* Is UNC Tuition too high?

Timothy Perri

Department of Economics, Appalachian State University, Boone, NC 28608

Phone: (828) 262-2251; Fax: (828) 262-6105; E-mail: perritj@gmail.com; Web: www.appstate.edu/~perritj

Fields: labor economics, economics of information, & industrial organization

Education: B.S. (economics), University of Kentucky; M.A. & Ph.D. (economics), Ohio State University

Vita

Papers

"Does Signaling Solve the Lemon's Problem?" May 2013

"Lemons and Loons" May 2013

"The More Abstract the Better? Raising Education Cost for the Less Able when Education is a Signal" May 2013

"Can A Draft Induce More Human Capital Investment in the Military?" Economics Bulletin, Volume 33, Number 2, April 2013, pp. 905-913.

"Spence Revisited: Signaling and the Allocation of Individuals to Jobs" March 2013

"The Evolution of Military Conscription in the United States." Independent Review, Volume 17, Winter 2013, pp. 429-439.

"Substitution and Superstars" November 2012

"Uncle Sam Wants Whom? The Draft and the Quality of Military Personnel" July 2012

"Between the Penthouse and the Outhouse: The Sorting of Economics Professors," Applied Economics Letters Volume 19, Issue 18, December 2012, pp.1899-1902

"A Competitive Model of (Super)Stars". Forthcoming in Eastern Economic Journal 

"Deferments and the Relative Cost of Conscription," B.E. Journal of Economic Analysis and Policy: Topics, Volume 10, Issue 1, 2010.

"Garden Leave vs. Covenants not to Compete." Review of Law and Economics, Vol. 6, Issue 2, 2010,  

"The Dilemma of Choosing Talent: Michael Jordans are Hard to Find" (with P. Groothuis & R. Hill). Applied Economics, Volume 41, Issue 25, November 2009

"The Economics of US Civil War Conscription," American Law and Economics Review, Volume 10, Number 2, Fall 2008

"The Payment of Professors: Implications for Professorial and Student Human Capital" May 2008

"Raiding and Signaling in the Academic Labor Market" June 2006

"How Might Adam Smith Pay Professors Today?" July 2005

"Early Entry in the NBA Draft: The Influence of Unraveling, Human Capital, and Option Value" (with P. Groothuis & R. Hill),  Journal of Sports Economics (2007, Vol.8, No.3, June) 

Class Web Page

Econ 3720. Syllabus:   problem set 1:   Problem set 2:   Problem set 3:

MBA 5110. Syllabus:   Problem Set 1:   Problem Set 2:   Problem Set 3:    Problem Set 4:

Economics Department Department Seminars

Deferment

Spence