May, 2008
John Kennan
Department of Economics Phone: 608-262-5393
The University of Wisconsin Fax: 608-263-3876
1180 Observatory Drive e-mail: jkennan@ssc.wisc.edu
Madison, WI 53706 http: www.ssc.wisc.edu/~jkennan
Education:
1968 B.A., University College, Dublin.
1973 Ph.D., Northwestern University.
Employment
1992- Professor of Economics, The University of Wisconsin, Madison
2007 Visiting Professor of Economics, Yale University (Spring)
2007 Visiting Professor, Department of Economics, University of Melbourne (Jan-March)
2006 Visiting Professor, Department of Economics, National University of Ireland, Maynooth (November-December)
2000 Senior Fellow, Department of Economics, University of Melbourne (Jan-March)
1999 Visiting Professor of Economics, Stanford University (Autumn quarter)
1987-92 Professor of Economics, The University of Iowa.
1987-88 National Fellow, Hoover Institution, Stanford University.
1987-88 Visiting Associate Professor of Economics, Stanford University.
1980-87 Associate Professor of Economics, The University of Iowa.
1977-79 Visiting Assistant Professor of Economics, McMaster University.
1972-80 Assistant Professor of Economics, Brown University.
Professional Appointments:
2003- Co-Editor, Journal of Labor Economics.
1996- Research Associate, National Bureau of Economic Research
2000- Institute for Research on Poverty, Affiliate, University of Wisconsin.
2001-
Center for Demography and Ecology, University of Wisconsin, Steering Committee,
1985-95 Member, Board of Editors, American Economic Review. 1990-93 Editorial Board, Canadian Journal of Economics. 1990-97 Associate Editor, Journal of Business & Economic Statistics
Grants and Awards
Fellow, Society of Labor Economists, 2008-
Fellow, Econometric Society, 2005-
Christensen Award in Empirical Economics, University of Wisconsin, 2005 (with Shintaro Yamguchi).
NICHD Grant, “Economic and Family Determinants of Migration Dynamics,” (with James R. Walker), 2004-06.
National Science Foundation Grant SES 0112288, “Economic Influences on Migration Decisions of Young Workers,” (with James R. Walker), 2001-04.
Christensen Award in Empirical Economics, University of Wisconsin, 2001 (with Limor Golan).
Vilas Associate, University of Wisconsin, 1998-00.
National Science Foundation Grant SBR-9410711, "Repeated Bargaining with Persistent Private Information: Structural Estimation of Screening Equilibria," 1994-99.
Christensen Award in Empirical Economics, University of Wisconsin, 1996 (with Robert Lemke).
National Science Foundation Grant SES-9123263, "Empirical Applications of Strategic Bargaining Models", 1992-94.
National Science Foundation Grant SES-8910930, "Tests of Strategic Bargaining Models using Data on Strikes and Wage Settlements", 1989-91.
National Science Foundation Grant SES-8607771 (Co-PI with Robert Forsythe and Barry Sopher): "An Experimental Study of Private Information Theories of Strikes," 1986-89.
National Fellow, Hoover Institution, Stanford University, 1987-88.
National Science Foundation Grant SES-8510539 (Co-PI with Robert Forsythe): "An Experimental Study of Strikes," 1985-86.
National Science Foundation Grant SES-8309003 (Principal Investigator): "Equilibrium Labor Market Fluctuations: Theories and Evidence," 1983-85.
University Faculty Scholarship award, University of Iowa, 1991-1993.
Graduate student teaching award, University of Iowa, 1982-83, 1986-87, and 1989-90.
Prize Winner, Economics of Labor Unions Prize Contest; Center for Study of Public Choice, 1979.
Publications :
"Uniformly Optimal Infinite Horizon Plans," (with Peter J. Hammond), International Economic Review, 1979, 283-96.
"The Estimation of Partial Adjustment Models with Rational Expectations," Econometrica, 1979, 1441-1456.
"Bonding and the Enforcement of Labor Contracts," Economics Letters, 1979, 61-66.
"Pareto Optimality and the Economics of Strike Duration," Journal of Labor Research, 1980, 77-94.
"The Effect of Unemployment Insurance Payments on Strike Duration," in Unemployment Compensation: Studies and Research, Volume 2, National Commission on Unemployment Compensation, 1980, 467-483.
"The Existence of Expected Utility Maximizing Decisions when Utility is Unbounded," Econometrica, 1981, 215-8.
"The Employment-Real Wage Relationship: An International Study," (with P. T. Geary), Journal of Political Economy, 1982, 854-71.
"The Duration of Contract Strikes in U.S. Manufacturing," Journal of Econometrics, 28 (1985) 5-28.
"The Economics of Strikes," in Orley Ashenfelter and Richard Layard, eds., Handbook of Labor Economics, New York: North-Holland, 1986, 1091-1137.
"Do Big Countries Win Tariff Wars?" (with R. Riezman), International Economic Review, 29(1), February 1988, 81-85.
"An Econometric Analysis of Fluctuations in Aggregate Labor Supply and Demand," Econometrica, 56(2), March 1988, 317-333.
"Equilibrium Interpretations of Employment and Real Wage Variations," in Stanley Fischer, Ed., NBER Macroeconomics Annual 1988, MIT Press, 157-205.
"Simultaneous Equations Bias in Disaggregated Econometric Models," Review of Economic Studies, January 1989, 151-156.
"Strategic Bargaining Models and Interpretation of Strike Data," (with Robert Wilson), Journal of Applied Econometrics, December 1989 (Supplement), Vol. 4, S87-S130.
"Optimal Tariff Equilibria with Customs Unions" (with R. Riezman), Canadian Journal of Economics, February 1990, 70-83.
"Can Strategic Bargaining Models Explain Collective Bargaining Data?" (with Robert Wilson), American Economic Association Papers and Proceedings, May 1990, 80 (2), 405-409.
"Theories of Bargaining Delays," (with Robert Wilson), Science, Vol. 249, 7 September 1990, 1124-1128.
"Dividing a Shrinking Pie: An Experimental Study of Strikes in Bargaining Games with Complete Information," (with Robert Forsythe and Barry Sopher) in Mark Isaac, editor, Research in Experimental Economics, Volume 4, Greenwich, CT: JAI Press, 1991, 223-268.
“An Experimental Analysis of Strikes in Bargaining Games with One-Sided Private Information,” (with Robert Forsythe and Barry Sopher), American Economic Review, March 1991, 253-278.
“Bargaining with Private Information,” (with Robert Wilson), Journal of Economic Literature, March 1993, 45-104.
“Repeated Contract Negotiations with Private Information,” Japan and the World Economy, 7 (1995), 447-472.
“The Elusive Effects of Minimum Wages,” Journal of Economic Literature, December 1995, 1949-1965.
“Minimum Wage Regulation,” The New Palgrave Dictionary of Economics and the Law, 1998.
“Repeated Bargaining with Persistent Private Information,” Review of Economic Studies, 68, October 2001, 719-755.
“Uniqueness of Positive Fixed Points for Increasing Concave Functions on Rn: An Elementary Result,” Review of Economic Dynamics, 4, October 2001, 893-899 (http://dx.doi.org/doi:10.1006/redy.2001.0133).
“Output and Price Level Effects of Monetary Uncertainty in a Matching Model,” (with Brett Katzman and Neil Wallace), Journal of Economic Theory, 108(2), February 2003, 217-255 (http://dx.doi.org/doi:10.1016/S0022-0531(03)00030-9)
“Strikes,” The New Palgrave Dictionary of Economics, 2nd Edition, 2008.
Book Reviews and Comments
"Comment on 'Hysteresis and the European Unemployment Problem', by Blanchard and Summers," in Stanley Fischer, Ed., NBER Macroeconomics Annual 1986, MIT Press, 78-85.
Review of Labor Demand, by Daniel S. Hamermesh, Journal of Economic Literature, September 1995, 1371-3.
Review of Rewarding Work, by Edmund S. Phelps, Journal of Economic Literature, September 1999, 1202-3.
Review of Advances in economics and econometrics, edited by David M. Kreps and Kenneth F. Wallis, Journal of Economic Literature, September 1999, 1184-6.
“Comment on ‘Job Loss, Job Finding, and Unemployment in the U.S. Economy over the Past Fifty Years’, by Robert E. Hall,” in Mark Gertler and Kenneth Rogoff, Eds., NBER Macroeconomics Annual 2005, MIT Press, forthcoming.
Work in Progress (http://www.ssc.wisc.edu/~jkennan/research)
“Wages, Welfare Benefits and Migration,”(with James R. Walker), Revised April, 2008.
“The Effect of Expected Income on Individual Migration Decisions,” (with James R. Walker), NBER Working Paper No. 9585, revised February 2008.
“Average Switching Costs in Dynamic Logit Models,” January 2008.
“Pairwise-core monetary trade in the Lagos-Wright model,” (with Tai-wei Hu and Neil Wallace), NBER Working Paper No. 13310, July 2007.
“A Note on Discrete Approximations of Continuous Distributions,” September 2006.
“Private Information, Wage Bargaining and Employment Fluctuations,” NBER Working Paper No. 11967, Revised July 2007.
“Informational Conflict and Employment Fluctuations,” revised November 2003.
“Informational Rents in Bargaining with Serially Correlated Valuations,” December 1998.
Unpublished Papers
"Bargaining and Strikes with Two-Sided Private Information," presented to the Econometric Society, Berkeley, June 1987; revised August 1987.
"Why Does the Information Matrix Test Reject Too Often? A Diagnosis of Some Monte Carlo Symptoms," (with George Neumann), January 1988.
"Inflation Precedes Recession: An Empirical Re-Examination of the Phillips Curve" (with P. T. Geary), paper presented to the Econometric Society, New York, December 1988.
"Screening Models of Bargaining with Private Information: An Empirical Application," (with Robert Wilson), presented at the World Congress of the Econometric Society, August 1990; revised January 1991.
"Repeated Wage Bargaining with Private Information," (with Robert Wilson), January 1992.
"Stationary Equilibrium in a Repeated Bargaining Game with Serially Correlated Private Information," presented at the European Economic Association Annual Congress, Dublin, August 1992.
"Repeated Contract Negotiations with Transient Private Information," presented at the Society for Economic Dynamics and Control Annual Meetings, Nafplio, June 1993.
"Information Cycles in Repeated Contracts," presented at the NBER Summer Institute, July 1993.
Recent Seminar Presentations and Conference Activities:
Philadelphia Workshop on Monetary and Macroeconomics (invited discussant), March 2004.
Arizona State University Conference (invited discussant), March 2004.
Federal Reserve Bank of Minneapolis (invited seminar), May 2004.
Stanford Institute for Theoretical Economics (invited paper), July 2004
NBER Summer Institute (invited participant), Cambridge, July 2004.
Conference on Labor Market Models and Matched Employer-Employee Data, Aarhus University, August 2004 (contributed paper).
NBER Economic Fluctuations and Growth Research Meeting (co-organizer) February, 2005.
Yale University (invited seminar), March 2005.
NBER Macro Annual Conference (invited discussant), Cambridge, April 2005.
University of Maryland (invited seminar), April 2005.
Northwestern University (invited seminar), May 2005.
Society of Labor Economists Annual Meeting (contributed paper, invited discussant), San Francisco, June 2005.
Society of Economic Dynamics Annual Meeting (contributed paper), Budapest, June 2005.
Yale University (invited seminar), September 2005.
University of Minnesota (invited seminar), October 2005.
Duke University (invited seminar), November 2005.
Wayne State University, Pihl Lecture, November 2005.
NBER Economic Fluctuations and Growth Research Meeting (participant) February, 2006.
San Francisco Federal Reserve Bank Conference, (discussant), February 2006.
Penn State University Conference in honor of Neil Wallace (participant), March 2006.
Cornell University (invited seminar), March 2006.
NBER Macro Annual Conference (participant), Cambridge, April 2006.
Society of Labor Economists Annual Meeting (participant), Boston, May 2006.
Yale University Macro-Labor Conference (discussant), May 2006.
Northwestern University (invited seminar), May 2006.
NBER Summer Institute (invited participant), Cambridge, July 2006.
Cleveland Federal Reserve Bank Conference in honor of Randall Wright, (participant) August 2006.
National University of Ireland, Maynooth (invited seminar), November, 2006.
University College Dublin (invited seminar), November, 2006
University of Melbourne (invited seminar), February 2007.
La Trobe University (invited seminar), February 2007.
University of Sydney (invited seminar), March 2007.
Southern Workshop in Macroeconomics, University of Auckland (invited paper), March 2007
NBER Summer Institute (invited participant), Cambridge, July 2007.
Conference on Monetary Policy and the Monetary Transmission Mechanism in Open Economies, Hong Kong University of Science and Technology (invited discussant), June 2007
NBER Summer Institute (invited participant), Cambridge, July 2008.
University of Pennsylvania (invited seminar), November 2007.
Analytical Labor Economics Conference (invited paper), University of Chicago, November 2007.
Vanderbilt University (invited seminar), April 2008.
CIC Conference on Human Capital and Development (invited paper), Federal Reserve Bank of Minneapolis, June 2008.
Other Professional Activities:
Nominating Committee, Society of Labor Economists, 2005-2008
Economics Department External Review Committee, College of Arts and Science, University of Missouri-Columbia, 2006.
Program Committee, Econometric Society Winter Meetings, New York, January 1999.
Program Committee, Econometric Society Summer Meetings, Madison, June 1999.
Program Committee, European Economic Association Annual Congress, Stockholm, August 2003.
Program Committee, Econometric Society Summer Meetings, Duke University, June 2007.
Selection committee, 1998-99 H. Gregg Lewis Prize (Journal of Labor Economics)
Member: Econometric Society, American Economic Association, Society of Labor Economists, Society for Economic Dynamics, Irish Economic Association, European Economic Association.
Referee for: Journal of Political Economy, Econometrica, Journal of Labor Economics, American Economic Review, Journal of Economic Theory, Economic Journal, Quarterly Journal of Economics, Journal of Monetary Economics, Industrial Relations, International Economic Review, Journal of Business and Economic Statistics, Economic Inquiry, Journal of International Economics, Journal of Money, Credit and Banking, Journal of Economic Dynamics and Control, Journal of Econometrics, Journal of Economics, Journal of Labor Research, National Science Foundation, Resources For The Future, Journal of Economic Literature, European Economic Review, Journal of Applied Econometrics, Journal of Human Resources, Journal of Conflict Resolution, Bulletin of Economic Research, Labour Economics, Economic Record, International Journal of Game Theory, Review of Economic Dynamics.
University Service
University of Wisconsin
Department Chair, 2002-2005
Graduate Admissions Director, 2000-2002
Placement Director, 1993-99
Graduate Committee, 1993-97, 1998-99, 2001-02
Budget Delegation Committee, 2001-02
Assistant Professor Review Committee (chair), 1998-99
Review Committee for the Department of Statistics, College of Letters and Sciences, 1998-99.
Faculty Recruitment Committee, 1992-93, 1995-98, 2000-2001.
University Faculty Compensation Commission, 1994-97
Workload and Governance Committee, 1995-96.
Faculty Prizes and Awards Committee, 1994-95
Shoemaker Chair Search Committee, 1992-1994
University of Iowa
College Research Committee, 1990-91, 1991-92.
Departmental Graduate Committee, 1990-91, 1991-92.
Departmental Self-Study Committee, 1990-91.
Departmental Faculty Recruitment Committee, 1980-81, 1981-82 (chair), 1982-83, 1986-87, 1988-89, 1989-90 (chair).
Departmental Seminar Committee, 1980-85.
Computational Services Committee, College of Business, 1982-85, 1986-87.
Review Committee for the Department of Geography, College of Liberal Arts, 1984-85.