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Justin Tobias

Justin Tobias

Professor and Head, Department of Economics and Senior Associate Dean, Krannert School of Management
Economics

Education

University of Chicago, Ph.D.

Justin Tobias is Professor of Economics at Purdue University. His research and teaching interests are in econometrics, specifically the theory and application of Bayesian econometric methods.

Professor Tobias is a Distinguished Author of the Journal of Applied Econometrics and Associate Editor of the Journal of the American Statistical Association, Journal of Business and Economic Statistics and Journal of Applied Econometrics. He is also a co-author of the textbook Bayesian Econometric Methods  (with Dale J. Poirier and Gary Koop) and has previously held tenured positions at Iowa State University and the University of California-Irvine.

Journal Articles

  • Chan, J. and Tobias, J.L. (2015). Priors and Posterior Computation in Linear Endogenous Variables Models with Imperfect Instruments. Journal of Applied Econometrics,
  • Kline, B. and J.L. Tobias (2014). Explaining Trends in Body Mass Index Using Demographic Counterfactuals. Econometric Reviews, 172-196.
  • Y. Xiong, F. Mannering and Tobias, J.L. (2014). The Analysis of Vehicle Crash Injury-Severity Data: A Markov Switching Approach with Road-Segment Heterogeneity. Transportation Research Record Part B,
  • Li, M., Mumford, K. and J.L. Tobias (2012). Bayesian Analysis of Payday Loans and their Regulation. Journal of Econometrics, 205-216.
  • B. Abidoye, J. Herriges and J.L. Tobias (2012). Controlling for Observed and Unobserved Site Characteristics in RUM Models of Recreation Demand. American Journal of Agricultural Economics, 1070-1093.
  • Lopes, H. and Tobias, J. (2011). Confronting Prior Convictions: On issues of prior sensitivity and likelihood robustness in Bayesian Analysis. Annual Review of Economics,
  • Li. M. & Tobias, J. (2011). Bayesian methods in microeconometrics. Handbook of Bayesian Econometrics,
  • Li, Mingliang and Tobias, J.L. (2011). Bayesian Inference in a Correlated Random Coefficients Model: Modeling Causal Effect Heterogeneity with and Application to Heterogeneous Returns to Schooling. Journal of Econometrics, 346-361.
  • Tobias, J. (2010). Volitility in Agribusiness Oriented Asset Markets: Peeking Through a Bayesian Window. American Journal of Agricultural Economics,
  • Tobias, J.L., C. Kling, C-C/ Liu, J. Herriges (2010). What are the Consequences of Consequentiality?. Journal of Environmental Economics and Management,
  • Tobias, J.L., J. Herriges and D. Phaneuf (2008). Estimating Demand Systems When Outcomes are Correlated Counts. Journal of Econometrics,
  • Tobias, J.L. and B. Kline (2008). The Wages of BMI: Bayesian Analysis of a Skewed Treatment Response Model with Nonparametric Endogeneity.. Journal of Applied Econometrics,
  • Ranjan, P. and Tobias, J.L. (2007). Bayesian Inference for the Gravity Model. Journal of Applied Econometrics,
  • Li, M. and J.L. Tobias (2006). Bayesian Analysis of Structural Effects in an Ordered Equation System. Studies in Nonlinear Dynamics and Econometrics,
  • J.L. Tobias (2006). Estimation, Learning and Parameters of Interest in a Multiple Outcome Selection Model. Econometric Reviews,
  • Koop, G. and J.L. Tobias (2006). Semiparametric Bayesian Inference in Smooth Coefficient Models. Journal of Econometrics,
  • Li, M. and Tobias, J.L. (2006). Calculus Attainment and Grades Received in Intermediate Economic Theory. Journal of Applied Econometrics,
  • Tobias, J.L. and M. Li (2005). Bayesian Modeling of Schools Effects Using Hierarchical Models with Smoothing Priors. Studies in Nonlinear Dynamics and Econometrics,
  • Koop, G., Poirier, D.J. and J.L. Tobias (2005). Semiparametric Bayesian Inference in Multiple Equations Models. Journal of Applied Econometrics,
  • Koop, G. and Tobias, J.L. (2004). Learning About Heterogeneity in Returns to Schooling. Journal of Applied Econometrics,
  • Tobias, J.L. (2004). Assessing Assessments of School Performance: The Case of California. The American Statistician,
  • Heckman, J.J., Vytlacil, E. and Tobias, J.L. (2003). Simple Estimators for Treatment Parameters in a Latent Variable Framework. Review of Economics and Statistics,
  • Li, M., Poirier, D.J. and J.L. Tobias (2003). Do Dropouts Suffer From Dropping Out? Estimation and Prediction of Outcome Gains in Generalized Selection Models. Journal of Applied Econometrics,
  • Poirier, D.J. and J.L. Tobias (2003). On the Predictive Distributions of Outcome Gains in the Presence of an Unidentified Parameter. Journal of Business and Economic Statitics,
  • Tobias, J.L. (2003). Are Returns to Schooling Concentrated Among the Most Able? A Semiparametric Analysis of the Ability-Earnings Relationships. Oxford Bulletin of Economics and Statistics,
  • Li, M. and Tobias, J.L. (2003). A Finite Sample Hierarchical Analysis of Wage Variation Across Public High Schools: Evidence From the NLSY and High School and Beyond. Journal of Applied Econometrics,
  • Tobias, J.L. and Zellner, A. (2001). Further Results on Bayesian Method of Moments Analysis of the Multiple Regression Model. International Economic Review,
  • J.L. Tobias (2001). Forecasting Output Growth Rates and Median Output Growth Rates: A Hierarchical Bayesian Approach. Journal of Forecasting,
  • DiNardo, J. and Tobias, J.L. (2001). Nonparametric Density and Regression Estimation. Journal of Economic Perspectives,
  • Heckman, J., Vytlacil, E. and J.L. Tobias (2001). Four Parameters of Interest in the Evaluation of Social Programs. Southern Economic Journal,
  • Tobias, J. L. and Zellner, A. (2001). Aggregation, Disaggregation and Forecasting Performance. Journal of Forecasting,

Books

  • Koop, G., Poirier, D.J. and Tobias, J.L. (2007). Bayesian Econometric Methods. Cambridge University Press,

Book Chapters

  • Li, M. and Tobias, J.L. (2014). Bayesian Analysis of Treatment Effect Models. Bayesian Inference in the Social Sciences, 63-90.
  • D.J. Poirier and J.L. Tobias (2006). Bayesian Econometrics. Palgrave Handbook of Econometrics, Volume 1: Econometric Theory,

Research In Progress

  • Chan, J. and Tobias, J.L. Bayesian Causal Variance Effects.
  • Chan, J., Koop, G., Poirier, D. and Tobias, J.L. Bayesian Econometric Methods (Second Edition).

Working Papers

  • Bland, J. and Tobias, J.L. Mixture models of behavior and nuisance parameters: A semi-parametric Bayesian Approach.

Contact

jltobias@purdue.edu
Phone: (765) 49-48570
Office: RAWL 4076

Quick links

Personal website

Area(s) of Expertise

Bayesian methods Econometrics Empirical microeconomics