Most of my recent research has dealt with education policy issues. I am also doing some work on topics in normative economics, particularly the problem of interpersonal comparisons of well-being, and have written some papers on teaching normative issues and ethics in economics classes.
Current working papers:
- Schmidt, Stephen J. “Racial Stratification and Local Education Funding.” December 14, 2022
Link to paper - Schmidt, Stephen J. “If you can’t sell your kidney, can you trade it? Examining the morality of alternative kidney exchange institutions.” May 21, 2019
Link to paper - Schmidt, Stephen J. “Making interpersonal comparisons of the value of income with a hypothetical auction.” June 15, 2019
Link to paper - Schmidt, Stephen J., and Matthew Toy. “Student Loans, Financial Aid, and College Retention Rates.” October 30, 2019
Link to paper
Publications:
- Davis, Lewis, Stephen J. Schmidt, and Sophia Zacker. “Covid on Campus: An Empirical Analysis of Covid Infection Rates at US Colleges and Universities.” Southern Economic Journal, April 2023, v. 89, n. 4, p. 1034-55.
Link to paper - Schmidt, Stephen J. “Minimum Grade Requirements for Economics Majors: Effects on Enrollments and Student Learning.” American Economics Association: Papers and Proceedings, May 2021 (111), p. 107-11.
Link to paper - Schmidt, Stephen J. “Resources and the acceptability of the Repugnant Conclusion.” Theoria, v35, n1 (2020), p. 113-128
Link to paper - Mara, Jack, Lewis Davis, and Stephen J. Schmidt. “Social Animal House: The Economics and Academic Consequences of Fraternity Membership.” Contemporary Economic Policy, April 2018, v. 36, n. 2, p. 263-276.
Link to paper FAQ list for paper - Schmidt, Stephen J. “A Proposal for More Sophisticated Normative Principles in Introductory Economics.” Journal of Economic Education, January-March 2017, v. 48, n. 1, p. 3-14
Link to article - Schmidt, Stephen J., and Manuel Pardo. “The Contribution of Study Abroad to Human Capital Formation.” Journal of Higher Education, January 2017, v. 88 n. 1, p. 135-157.
Link to article - Schmidt, Stephen J. “Examining Theories of Distributive Justice with an Asymmetric Public Goods Game.” Journal of Economic Education, June 2015, v. 46, n. 3, p. 260-273.
Link to article
Online supplements: Materials Sample Results Appendix - Schmidt, Stephen. J. “Permanent Income.” In Encyclopedia of Education Economics and Finance; Dominic J. Brewer and Lawrence O. Picus, editors. Los Angeles: Sage Publications, 2014.
Link to book website - Frederick, Allison, Stephen J. Schmidt, and Lewis S. Davis. “Federal policies, state responses, and community college outcomes: A test of an augmented Bennett hypothesis” Economics of Education Review, December 2012, v. 31, n. 6, p. 908-917.
Link to article - Morlando, Scott L., Stephen J. Schmidt, and Kathleen LoGiudice. “Reduction of Lyme disease risk as an economic benefit of habitat restoration.” Restoration Ecology, July 2012, v. 20, n. 4, p. 498-504.
Link to article - Schmidt, Stephen J., and Therese A. McCarty. “Estimating Permanent and Transitory Income Elasticities of Education Spending From Panel Data.” Journal of Public Economics, October 2008, v. 92, n. 10-11, p. 2132-2145.
Link to article - Schmidt, Stephen J., and Karen Scott. “Reforming Reforms: Changing Incentives in Education Finance in Vermont.” Education Finance and Policy, Fall 2006, p. 441-64.
Link to article - Schmidt, Stephen J. “Active and Cooperative Learning Using the World Wide Web.” Journal of Economic Education, v. 34, n. 2 (Spring 2003), p. 151-167.
Link to article - McCarty, Therese A., and Stephen J. Schmidt. “Dynamic Patterns In State Government Finance.” Public Finance Review, Vol. 29, No. 3 (May 2001), p. 208-222.
Link to article - Schmidt, Stephen J. “Incentive Effects of Expanding Federal Mass Transit Formula Grants.” Journal of Policy Analysis and Management, Vol. 20, No. 2 (Spring 2001), p. 239-261.
Link to article - Schmidt, Stephen J. “Market Structure and Market Outcomes in Deregulated Rail Freight.” International Journal of Industrial Organization, Vol. 19, No. 1 (January 2001) p. 99-131.
Link to article - Chapin, Alison S., and Stephen J. Schmidt. “Do Mergers Improve Efficiency? Evidence from Deregulated Rail Freight.” Journal of Transport Economics and Policy, Vol. 33, Part 2 (May 1999), p.147-162.
Link to article - McCarty, Therese A., and Stephen J. Schmidt. “A Vector Autoregression Analysis of State Government Expenditure.” American Economic Review, Vol. 87, No. 2 (May 1997), p.278-282.
Link to REPEC
