Thomas J. Holmes
Curriculum Vitae
Birth Date: November 16, 1959
Education
Northwestern University, 1985, Ph.D in Economics
Northwestern University, 1983, M.A. in Economics
University of Pennsylvania, 1981, B.S. in Economics (Wharton School)
University of Pennsylvania, 1981, B.A. in Mathematics (Arts and Sciences)
Current Positions
Department of Economics, University of Minnesota
Curtis L. Carlson Professor of Economics
(2003-2008)
Professor of Economics (2001-present)
Associate Professor (1995-2001)
Federal Reserve Bank of Minneapolis
Visiting Scholar (1995-present)
National Bureau of Economic Research
Research Associate (2002-present)
Previous Positions
Research Department, Federal Reserve Bank of Minneapolis
Economist (1993-1995)
Department of Economics, University of Wisconsin-Madison
Assistant Professor (1985-1993)
Dartmouth College
Visiting Assistant Professor (1990-1991)
Published Articles
"The Effects of Third-Degree Price Discrimination in Oligopoly," American Economic Review, Vol.79, March 1989, pp. 244-250. JSTOR Link
"A Theory of Entrepreneurship and Its Application to the Study of Business Transfers," with James A. Schmitz, Journal of Political Economy, Vol. 98, April 1990, pp. 265-294. JSTOR Link
"Consumer Investment in Product-Specific Capital: The Monopoly Case,"
Quarterly Journal of Economics, Vol. 105, August 1990, pp. 789-801. JSTOR
Link
"The Efficiency of Advance-Purchase Discounts in the Presence of Aggregate
Demand Uncertainty," with Ian Gale, International Journal of Industrial
Organization, Vol. 10, September 1992, pp. 413-437.
"Advance-Purchase Discounts and Monopoly Allocation of Capacity,"
with Ian Gale, American Economic Review, Vol 83, March 1993, pp. 135-146.
JSTOR
Link
"Resistance to Technology and Trade Between Areas," with James A.
Schmitz, Jr., Federal Reserve Bank of Minneapolis Quarterly Review, Winter
1995, pp 2-17. Link
"Analyzing a Proposal to Ban State Tax Breaks," Federal Reserve
Bank of Minneapolis Quarterly Review, Spring 1995, pp 29-39. Link
"On the Turnover of Business Firms and Business Mangers," Journal
of Political Economy 103, October 1995, 1005-1038, with James A. Schmitz,
Jr. JSTOR
Link
"Managerial Tenure, Business Age, and Small Business Turnover," Journal
of Labor Economics 14, January 1996, 79-99, with James A. Schmitz, Jr. JSTOR
Link
"Can Consumers Benefit from a Policy Limiting the Market Share of a Dominant
Firm?" International Journal of Industrial Organization, vol. 14,
1996, 365-387.
"Nonresponse Selection Bias and Business Turnover Rates: The Case of the
Characteristics of Business Owners Survey," Journal of Business and
Economic Statistics, Vol. 14, No. 2, April 1996, with James A. Schmitz.
"The Effects of State Policies on the Location of Industry: Evidence from
State Borders," Journal of Political Economy Vol. 106, No. 4, August
1998, 667-705. JSTOR
Link
"Localization of Industry and Vertical Disintegration," Review
of Economics and Statistics, Vol. 81, No. 2, May 1999, 314-25.
"Scale of Local Production and City Size," American Economic Review
Papers and Proceedings, Vol. 89, No. 2, May 1999, 317-20. JSTOR
Link
"How Industries Migrate When Agglomeration Economies Are Important,"
Journal of Urban Economics 45, 1999, 240-263.
"Competition at Work: Railroads vs. Monopoly in the U.S. Shipping Industry,"
Federal Reserve Bank of Minneapolis Quarterly Review, Spring 2001, Vol.
25, No. 2, 3-29., with James A. Schmitz, Jr., Link
"A Gain From Trade: From Unproductive to Productive Entrepreneurship,
Journal of Monetary Economics, Vol. 47, No. 2, April 2001, pp. 417-46,
James A. Schmitz, Jr.
"Barcodes lead to Frequent Deliveries and Superstores," Rand Journal
of Economics Vol. 32, No. 4, Winter 2001, pp 708-725.
"Geographic Concentration and Establishment Scale," Review of
Economics and Statistics, Vol. 84, No. 4, November 2002, pp.682-690, with
John J. Stevens.
"Step-by-step Migrations," Review of Economic Dynamics, Volume 7, Issue 1 , January 2004, Pages 52-68 Link
"Geographic Concentration and Establishment Size: Analysis in an Alternative Economic Geography Model," , Journal of Economic Geography,.Volume 4, June 2004, 227-250, with John J. Stevens. Link
"Does Home Market Size Matter for the Pattern of Trade?," forthcoming Journal of International Economics, with John J. Stevens.
"Mergers and the Evolution of Industry Concentration: Results from the
Dominant Firm Model, forthcoming, Rand Journal of Economics, with Gautam
Gowrisankaran. Link
"Spatial Distribution of Economic Activities in North America," January 2003. To appear in the Handbook on Urban and Regional Economics, with John J. Stevens. Link
"The Location of Sales Offices and the Attraction of Cities," forthcoming, Journal of Political Economy. Link
Working Papers
"A Theory of Factor Allocation and Plant Size," with Matthew F. Mitchell,
October 2003, Federal Reserve Bank of Minneapolis Staff Report #325.
"Geographic Spillover of Unionsim," manuscript in progress, September 2004.