Michael R. Donihue

Professor of Economics; Associate Vice President for Academic Affairs and Associate Dean of Faculty, 2008-2010

Box 5232

Phone: 207-859-5232
Fax: 207-859-5229
Mailing Address:
5232 Mayflower Hill
Waterville, Maine 04901-8852
Donihue, Michael R.

Education

Ph.D. University of Michigan, 1989 (Economics)
M.A. University of Michigan, 1983 (Applied Economics)
B.A. Colby College, 1979 (Economics)

Areas of Expertise

  • Econometric modeling for policy analysis and forecasting
  • Macroeconomic policy

Courses Currently Teaching

CourseCourse Title
EC278 A Joules to Dollars
EC393 A Econometrics
EC393 B Econometrics
EC473 A Seminar: Economic Forecasting

Other Courses Taught

CourseCourse Title
EC345Research in Economics

Coursework

Teaching Areas
Econometrics
Economic Forecasting
Macroeconomic Theory
Macroeconomic Principles
Mathematical Economics

Professional Information

Work Experience
Professor of Economics, Colby College, 2007-present
Associate Vice President for Academic Affairs and Associate Dean of Faculty, 2008-2011
Associate Professor of Economics, Colby College, 1996-2007
Assistant Professor of Economics, Colby College, 1989-1996
Visiting Scholar, Research Department, Federal Reserve Bank of Boston, 2004-2005
Senior Economist, Council of Economic Advisers, Washington, D.C., 1994-1995
Dana Fellow, Yale University, 1992

Maine Health Access Foundation, Grants Committee member, 2012 – present
Maine Consensus Economic Forecasting Commission, 1992-2009
CEME Model Comparison Seminar, 1985-1994, 1995-1998 (chair)

Consulting Activities
Analysis of attorney fees following the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 funded by the American Bankruptcy Institute, 2011.
Maine Development Foundation: Economic impact assessment of the current healthcare delivery system in the Kennebec Valley Region, 2008
Central Maine Power Company 1998, 2000-2002, 2006, 2010 (Demand Elasticity Estimation, Forecast Evaluation, Testimony before the Public Utilities Commission)
PGE Energy Trading, 2000 (Electricity Demand Forecasting)
Maine State Planning Office, 1999 (Economic Forecasting & Policy Analysis)
McCain Foods, 2002 (French Fry Market Demand Analysis & Contract Arbitration Testimony)

Current Research

“The Relative Importance of Housing Wealth in the Retirement Saving Decision,” (with Caroline Theoharides).

“The Impact of BAPCPA on Consumer Bankruptcy Costs,” (with Lois Lupica).

“Secured and Unsecured Distributions to Creditors: The Impact of BAPCPA,” (with Lois Lupica)

Statistical Abstract for the Belgrade Lakes Watershed

Economic Impact Study of the Belgrade Lakes Watershed: A Survey of Household Spending, Employment, and Ecosystem Resource Awareness

Publications

“The Consumer Bankruptcy Fee Study: Final Report” (with Lois Lupica and Bodie Colwell), American Bankruptcy Institute, 2011.


Decomposing Consumer Wealth Effects: Evidence on the Role of Real Estate Assets Following the Wealth Cycle of 1990-2002 (with Andriy Avramenko '04), The B.E. Journal of Macroeconomics: 2007, Vol. 7: Issue 1 (Topics), Article 25.


"An Analysis of Attendance at Major League Baseball Spring Training Games" (with David W. Findlay and Peter Newberry '03). Journal of Sports Economics, Vol. 8, 2007.


"What's An Oscar Worth?" (with R.A. Nelson, D.M. Waldman, and C. Wheaton '92) Economic Inquiry, Vol. 39, 2001.


"The Troika Process: Economic Models and Macroeconomic Policy in the USA," (with John Kitchen) in Empirical Models and Policy Making: Interaction and Institutions, Frank A.G. den Butter and Mary S. Morgan, eds., Routledge Publishers, London, 2000.


"Do Faculty Salaries Rise With Job Seniority?" (with D.A. Barbezat) Economic Letters, Vol. 58, February 1998.


"Teaching Economic Forecasting to Undergraduates," The Journal of Economic Education, Vol. 26, Spring 1995.

Working Papers, Forecasts & Statistical Abstracts

Meeting the Standards: An Analysis of Eighth Grade Educational Assessment Test Scores in Maine

Colby Economic Outlook

Statistical Abstracts for the Greater Waterville Area

 


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