William D. Shipman Professor of Economics
Hubbard Hall - 112
An intermediate-level study of contemporary microeconomic theory. Analysis of the theory of resource allocation and distribution, with major emphasis on systems of markets and prices as a social mechanism for making resource allocation decisions. Topics include the theory of individual choice and demand, the theory of the firm, market equilibrium under competition and monopoly, general equilibrium theory, and welfare economics.
Seminar. Studies approaches to evaluating the effectiveness of public policy programs. Covers the basics of cost-benefit analysis and emphasizes the empirical methods used to measure and evaluate program impacts. Examines the strengths and limitations of social experiments, quasi-experiments, and non-experimental observational designs with applications to education, health, public assistance, and labor market policies.
John M. Fitzgerald received his Ph.D. in economics from the University of Wisconsin at Madison in 1983 and has been on the faculty of Bowdoin College since that time. In 2006 he was named to the William D. Shipman Chair in Economics. He has also been an Honorary Fellow (visitor) at the University of Wisconsin, an associate of the Institute for Research on Poverty, and an American Statistical Association/Census Fellow at the U.S. Bureau of the Census in Washington D.C., and a New Zealand Treasury Visiting Research Fellow.
His current research focuses on attrition issues in models of intergenerational links in health and income, particularly sibling models. Research interests include the effects of government welfare and anti-poverty programs on family well-being, labor supply and family structure in the US and in New Zealand (where he spent a recent sabbatical), and the economics of marriage and its relation to labor supply. Other interests include study of earnings instability, the measurement of poverty, and the valuation of household production (housework).
He enjoys teaching courses in public economics (government taxing and spending), intermediate microeconomics, economic statistics and econometrics, as well as principles of economics. Native to Montana, he enjoys fly fishing, rock climbing and other outdoor activities.
"Impacts of the Community Reinvestment Act on Neighborhood Change and Gentrification," with Samuel Vitello '13. Working Paper, October 2013.
"Attrition in Models of Intergenerational Links Using the PSID with Extensions to Health and Sibling Models," The B.E. Journal of Economics Analysis & Policy, Vol. 11: Iss. 3 (Advances), Article 2 (2011).
Additional tables for above paper.
"The Impact of Changes in Family Assistance on Partnering and Women's Employment in New Zealand," New Zealand Econ Papers. 42:1 (2008).
"Mother's Time Spent in Care of her Children and Market Work: A Simultaneous Model with Attitudes as Instruments" with Peter Howie, John Wicks, Doug Dalenberg, and Rachel Connelly. Applied Economics Letters 13:8 (2006): 503-506.
"Transitions in Welfare Participation and Female Headship," with Dave Ribar. Institute for Research on Poverty Discussion Paper DP#1275-03. November 2003. Revised version published in Population Research and Policy Review 23:5/6 (2004):641-670.
"The Impact of Welfare Waivers on Female Headship Decisions," with David Ribar, October 2003. Revised version published as "Welfare Reform and Female Headship" in Demography 41:2 (2004):189-212.
"Measuring the Impact of Welfare Benefits on Welfare Durations: State Stratified Partial Likelihood and Fixed Effects Approaches," The B.E. Journal of Economic Analysis and Policy, 4:1, Article 1 (2004).
"How much is Leisure Worth? Direct Measurement with the Contingent Valuation Method" with Doug Dahlenberg, John Wicks, and Eric Schuck, October 2001. Revised version published in Review of Economics of the Household 2:4 (2004): 351-365.
"Direct Valuation of Person Care by Households" with Doug Dalenberg and John Wicks. Population Research and Policy Review 23 (2004): 73-89.
"The Effect of the Size Distribution of Establishments on Employment and Earnings," with David Ribar, July 2001.