Department Chair and Professor of Economics
Research Associate at the National Bureau of Economic Research
Patrick’s research focuses on wide range of subjects including racial inequality and segregation, social interactions, housing markets, education, and crime. He has received numerous grants from the National Science Foundation, Social Science and Humanities Council of Canada, and the US Department of Education. His most recent work has been published in the Quarterly Journal of Economics, the Journal of Political Economy, the Journal of Environmental Economics, and American Economics Association P&P. He is currently working on projects that explore housing price dynamics, racial discrimination in home sales, dynamic equilibrium in a national system of cities, the microdynamics of neighborhood discrimination, and the impact of the racial composition of juries on criminal trial outcomes.
This year the Department of Economics recognized 11 graduates with a Ph.D., 61 graduates with a master of arts in economics, five graduates with a master of science in statistical and economic modeling, and approximately 200 graduates with an economics major.
Duke University has bested its Ivy League competitors to claim the No. 1 spot in a ranking of best economics colleges for undergraduates in the United States.
One of the great contributors to the intellectual life of the Department of Economics is the Economic Research Initiative at Duke (ERID). Its successful Visitors Program has allowed faculty to bring top experts to give lectures and meet with graduate students.
“These changes bring together our commitment to expand faculty involvement and student support, broaden research opportunities, and increase the number of teaching assistantships and other work opportunities for our MA students,” Department of Economics Chair Patrick Bayer explained. “This will in turn strengthen what is a unique feature of our program. . .
Funded by the National Science Foundation, DITE is an initiative to increase the tenure rates among young minority faculty around the country. "We had excellent participation by our faculty in these sessions last year," said department chair Patrick Bayer. "I hope that we continue the tradition of contributing our time and energy to this important effort."
In its latest list, Tilburg University has slotted Duke University at number 14 in its worldwide rankings for economics schools based on publications between 2004-2008. Duke shares the 14th spot with the University of Michigan.