Michael Lovenheim is a Professor of Economics, Policy Analysis and Management, and Industrial and Labor Relations. He currently is the Donald C. Opatrny '74 Chair of the Department of Economics. His research is in public finance and labor economics, particularly focusing on the economics of education and issues in local taxation and regulation. His recent research examines the effect of higher education funding on long-run student outcomes, the return to for-profit college enrollment, the return to college majors, the effect of housing wealth on fertility and child health outcomes, the long-run effect of teacher collective bargaining, the incidence of commodity tax complexity, and several questions related to the economics of tobacco regulation. Lovenheim received his PhD in Economics from the University of Michigan in 2007 and joined PAM in 2009 after two years as a Searle Freedom Trust Post-doctoral Fellow at the Stanford Institute for Economic Policy Research. He received a joint appointment in the School of Industrial and Labor Relations and the Economics Department in 2018.
“How Does For-Profit College Attendance Affect Student Loans, Defaults and Earnings” (With Luis Armona and Rajashri Chakrabarti), Journal of Financial Economics, Conditionally Accepted. Also published as NBER Working Paper No. 25042.
“The Effect of Grade Retention on Adult Crime: Evidence from a Test-Based Promotion Policy” (With Ozkan Eren and H. Naci Mocan), Journal of Labor Economics, Forthcoming. Also published as NBER Working Paper No. 25384.
“The Economics of Tobacco Control Regulation” (With Philip DeCicca and Donald Kenkel), Journal of Economic Literature, Forthcoming. Also published as NBER Working Paper No. 25042.
“Do Health Insurance Mandates Spillover to Education? Evidence from Michigan’s Autism Insurance Mandate” (With Riley Acton and Scott Imberman), Journal of Health Economics, December 2021, vol. 80: 102489. Also published as NBER Working Paper No. 26079.
“Home Prices, Fertility, and Early-Life Health Outcomes” (With Meltem Daysal, Nikolaj Siersbaek, and David Wasser), Journal of Public Economics, June 2021, vol. 198: 104366. Also published as IZA Working Paper No. 13417 and NBER Working Paper No. 27469.
“The Competitive Effects of Online Education” (With David Deming and Richard Patterson), in Productivity in Higher Education (Caroline Hoxby and Kevin Stange, Eds.). Also published as NBER Working Paper No. 22749.
“Recruiting and Supporting Low-Income, High-Achieving Students at Flagship Universities” (With Rodney Andrews and Scott Imberman), Economics of Education Review, February 2020, vol. 74: 101923. Also published as CESifo Working Paper No. 5977 and NBER Working Paper No. 25042.
“The Long-run Effect of Teacher Collective Bargaining” (With Alexander Willén), American Economic Journal: Economic Policy, August 2019, vol. 11, no. 3: 292-324. Also published as CESifo Working Paper No. 5977 and NBER Working Paper No. 25042.
“The Economics of Smoking Prevention” (With Philip DeCicca, Donald Kenkel, and Erik Nesson), Oxford Research Encyclopedia of Economics and Finance, April 2018.
“Does Choice Increase Information? Evidence from Online School Search Behavior” (With Patrick Walsh), Economics of Education Review, February 2018, 62: 91-103. Also published as NBER Working Paper No. 23445.
“Achievement Effects of Individual Performance Incentives in a Teacher Merit Pay Tournament” (with Scott Imberman and Margaret O’Rourke). Labour Economics, January 2017, vol. 44: 133-150. Also published as NBER Working Paper No. 21598.
“The Effect of Prices on Nutrition: Comparing the Impact of Product- and Nutrient-Specific Taxes” (With Matthew Harding), Journal of Health Economics, May 2017, vol. 51: 53-71. Also published as NBER Working Paper No. 19781.
“Does the Market Value Value-Added? Evidence from Housing Prices after Public Release of Teacher Value-Added” (With Scott Imberman), Journal of Urban Economics, January 2016, vol. 91: 104-121. Also published as NBER Working Paper No. 19157.
“The Effect of Health Care Access on Schooling: Evidence from Public Insurance Expansions” (With Sarah Cohodes, Daniel Grossman, and Samuel Kleiner), Journal of Human Resources, 2016, vol. 51, no. 3: 727-759. Also published as NBER Working Paper No. 20178.
“Affirmative Action and the Quality-Fit Tradeoff” (with Peter Arcidiacono). 2016, Journal of Economic Literature 54(1): 3-51. Also published as NBER Working Paper No. 20962.
“Quantile Treatment Effects of Higher Education Quality on Earnings: Evidence from Administrative Records in Texas” (With Rodney Andrews and Jing Li) Journal of Human Resources, 2016, vol. 54, no. 1: 3-51. Also published as NBER Working Paper No. 18068.
“Affirmative Action in Undergraduate Admissions” (with Peter Arcidiacono and Maria Zhu), Annual Review of Economics (7): 487-518.
“Incentive Strength and Worker Productivity: Evidence from a Group-Based Teacher Incentive Pay System” (with Scott Imberman), Review of Economics and Statistics, 2015, vol. 97, no. 2: 364-386. Also published as NBER Working Paper No. 18439.
“Heterogeneous Paths Through College: Detailed Patterns and Relationships with Graduation and Earnings” (With Rodney Andrews and Jing Li), Economics of Education Review, October 2014, vol. 42: 93-108. Also published as NBER Working Paper No. 19935.
“Within-family Obesity Associations: Evaluation of Parent, Child, and Sibling Relationships” (with Matthew Harding and Mark Pachucki), American Journal of Preventive Medicine, October 2014, vol. 47, no. 4: 382-391.
“Early Retirement Incentives and Student Achievement” (With Maria Fitzpatrick), American Economic Journal: Economic Policy, August 2014, vol. 6, no. 3: 120-154. Also published as NBER Working Paper No. 19281.
“Does Federal Financial Aid Affect College Enrollment? Evidence from Drug Offenders and the Higher Education Act of 1998” (With Emily Owens), Journal of Urban Economics, May 2014, vol. 81: 1-13. Also published as NBER Working Paper No. 18749.
“Do Family Wealth Shocks Affect Fertility Choices? Evidence from the Housing Market” (with Kevin Mumford), Review of Economics and Statistics, May 2013, vol. 95, no. 2: 464-475.
“The Effect of Housing Wealth on College Choice: Evidence from the Housing Boom” (With C. Lockwood Reynolds), Journal of Human Resources, Winter 2013, vol. 48, no. 1: 3-37. Also published as NBER Working Paper No. 18075.
“The Heterogeneous Geographic and Socioeconomic Incidence of Cigarette Taxes: Evidence from Nielsen Homescan Data” (with Matthew Harding and Ephraim Leibtag), American Economic Journal: Economic Policy, Fall 2012, vol. 4, no. 4: 169-198.
“Increasing Time to Baccalaureate Degree in the United States” (With John Bound and Sarah E. Turner), Education Finance and Policy, Fall 2012, vol. 7, no. 4: 365-424. Also published as NBER Working Paper No. 15892.
“Changes in Postsecondary Choices by Ability and Income: Evidence from the National Longitudinal Surveys of Youth” (With C. Lockwood Reynolds), Journal of Human Capital, Spring 2011, vol. 5, no. 1: 70-109.
“The Effect of Liquid Housing Wealth on College Enrollment.” Journal of Labor Economics, October 2011, vol. 29, no. 4: 741-771.
“Do Blue Laws Save Lives?: The Effect of Sunday Alcohol Sales Bans on Fatal Vehicle Accidents” (With Daniel Steefel), Journal of Policy Analysis and Management, Fall 2011, 30(4): 798 – 822.
“Why Have College Completion Rates Declined? An Analysis of Changing Student Preparation and Collegiate Resources” (With John Bound and Sarah E. Turner), American Economic Journal: Applied Economics, July 2010, vol. 2, no. 3: 1-31. Also published as NBER Working Paper 15566.
“Playing with Fire: Cigarettes, Taxes and Competition from the Internet” (with Austan Goolsbee and Joel Slemrod), American Economic Journal: Economic Policy, February 2010, vol. 2, no. 1: 131-153. Also published as NBER Working Paper 15612.
“The Fatal Toll of Driving to Drink: The Effect of Minimum Legal Drinking Age Evasion on Traffic Fatalities” (With Joel Slemrod), Journal of Health Economics, January 2010, vol. 29, no. 1: 62-77.
“The Effect of Teachers’ Unions on Education Production: Evidence from Union Election Certifications in Three Midwestern States.” Journal of Labor Economics, October 2009, vol. 27, no. 4: 525-587.
“How Far to the Border?: The Extent and Impact of Cross-Border Casual Cigarette Smuggling.” National Tax Journal, March 2008 (Winner of the Richard Musgrave Prize).
Economics of Education (with Sarah Turner), Worth: New York City. Expected publication date Summer 2017.
“Early Retirement Payoff.” Education Next, Summer 2014, vol. 20, no. 3: http://educationnext.org/early-retirement-payoff/
“A Bad Bargain: How Teacher Collective Bargaining Affects Students’ Employment and Earnings Later in Life.” Education Next, Winter 2015, vol. 16, no. 1: http://educationnext.org/bad-bargain-teacher-collective-bargaining-employment-earnings/
PAM 3100 - Mulitvariate Regression Analysis
PAM 3550/Econ 3760 - Economics of Education
PAM 6471/ILR7471 - Graduate Economics of Education
PAM 6970/Econ 6970 - Empirical Public Finance and Taxation
Ph.D., Economics, University of Michigan (2007)
M.A., Economics, University of Michigan (2005)
B.A., Magna Cum Laude, Economics, Amherst College (2000)
Donald C. Opatrny '74 Chair of the Department of Economics
My Economics Page: https://economics.cornell.edu/michael-lovenheim
My NBER Profile: https://www.nber.org/people/michael_lovenheim
My Google Scholar Page: https://scholar.google.com/citations?user=Cwtk2ksAAAAJ&hl=en