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Robert Krol
Professor of Economics

General Information

College of Business and Economics


Economic Policy Uncertainty and Small Business Decisions, Cato Journal, forthcoming Winter 2017

Tolling the Freeway: Congrestion Pricing and the Economics of Managing Traffic, Mercatus Research, May 2016

Transportation Cost-Benefit Analysis Can Be Highly Misleading, Regulation, Winter, 2015-2016

Political Incentives and Transportation Funding, Mercatus Research, July 2015

Do Governments Impede Transportation Innovation? Mercatus Research, June 2015

Infrastructure and Economic Development, Encyclopedia of Public Administration and Policy, 2015

Economic Policy Uncertainty and Exchange Rate Volatility, International Finance, Summer 2014

Forecast Bias of Government Agencies, Cato Journal, Winter 2014

Forecasting State Revenue under a Flexible Loss Function, International Journal of Forecasting, April-June 2013

Trade, Protectionism, and the U.S. Economy: Examining the Evidence, Cato Institute Trade Briefing Paper, Sept. 16, 2008

The Role of Fiscal and Political Institutions in Controlling the Growth of Government, Cato Journal, Fall 2007

Unions and Employment Growth: Evidence from State Economic Recoveries, Journal of Labor Research, Summer 2007 (with S. Svorny)

Budget Rules and State Business Cycles, (with S. Svorny), Public Finance Review, 35(4):530-544, July 2007

The Effect of Rent Control on Commute Times, Journal of Urban Economics, 58(3):421-436, November 2005 (with S. Svorny)

The Collapse of a Noble Idea (describes the failure of the Los Angeles Community Development Bank), Regulation, V27(4):30-33, Winter 2005 (with S. Svorny)

Infrastructure and Economic Development, in the Encyclopedia of Public Administration and Public Policy, edited by Tom Liou and Jack Rabin, 2003

Cross-Country Evidence on Capital Account Liberalization and Economic Growth, Global Economy Quarterly, January-March 2001

The Role of Public Capital in the Economic Development Process, International Journal of Public Administration, October 2001

The Case for Open Global Capital Markets, Cato Trade Policy Briefing Paper, March 2001

The Impact of Financial Development on Growth in Emerging Economies, Jobs & Capital, Spring 1998 (with J. Ortenzi)

Public Infrastructure and Economic Development, in the Handbook of Economic Development, edited by Tom Liou, June 1998

A Survey on the Impact of Budget Rules on State Taxation, Spending, and Debt, Cato Journal, Winter 1997

The Effect of the Bank Regulatory Environment on State Economic Activity, Regional Science and Urban Economics, August 1996 (with S. Svorny)

International Capital Mobility: Evidence from Panel Data, Journal of International Money and Finance, June 1996 reprinted in The International Library of Critical Writings in Economics Series Editor: Mark Blaug International Financial Integration, Sylvester Eijffinger and Jan Lemmen (eds.), 2003

Can Budget Rules Help Control the Growth of Government? Jobs & Capital, Summer 1996

Testing Tariff Endogeneity in Japan: A Comparison of Pre- and Postwar Periods, Economics Letters, March 1996

Public Infrastructure and State Economic Development, Economic Development Quarterly, November 1995

Can State-Level Deregulation Affect Economic Well-being? Jobs & Capital, Fall 1995 (with S. Svorny)

Regulation and Economic Performance: Lessons from the States, Cato Journal, Spring-Summer 1994 (with S. Svorny)

Inner Cities and Long-Run Government Policy, Jobs & Capital, Spring 1994 (with S. Svorny)

Trends, Random Walks and Persistence: An Empirical Study of U.S. Industrial Production, The Review of Economics and Statistics, February 1992

Money and the U.S. Business Cycle: An Analysis Using Disaggregated Industrial Production, Economics Letters, September 1991

The Impact of Stochastic and Deterministic Trends on Money-Output Causality: A Multi-Country Investigation, Journal of Econometrics, September 1990 (with L. Ohanian)

The Information in the Term Structure of Eurocurrency Interest Rates, Economics Letters, December 1989

A Time-Series Analysis of U.S. Petroleum Industry Inventory Behavior, Energy Journal, October 1987 (with S. Svorny)

The Term Structure of Eurodollar Interest Rates and its Relationship to the U.S. Treasury-Bill Market, Journal of International Money and Finance, September 1987

The Interdependence of the Term Structure of Eurocurrency Interest Rates, Journal of International Money and Finance, June 1986

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