Patrick Bayer
  • Patrick Bayer

  • Professor
  • Economics
  • 213 Social Sciences Building
  • Campus Box 90097
  • Phone: (919) 660-1815
  • Office Hours: by appointment
  • Homepage
  • Curriculum Vitae
  • Bio

    Patrick Bayer joined the Duke faculty as an associate professor in 2006 and was promoted to full professor and became the chair of the department of economics in 2009. He is a research associate at the National Bureau of Economic Research. Patrick received his Ph.D. in economics from Stanford University in 1999 and his B.A. in mathematics from Princeton University in 1994. He spent the first seven years of his teaching career as an assistant and then associate professor at Yale University.

    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.

    Patrick has been invited to present his research at universities and conferences across the country on well over a hundred occasions, including the meetings of the American Economics Association, National Bureau of Economic Research, Econometric Society, and Stanford Institute on Theoretical Economics as well as top economics departments including Harvard, Chicago, Stanford, Berkeley, Northwestern, Yale, and Penn

    Over the past decade, Patrick has served on the committees of well over twenty PhD students and as the main advisor for ten students. He currently advises a a number of top PhD students at Duke and is actively engaged in the PhD program more generally.
  • Specialties

    • Urban and Real Estate Economics
    • Economics of Education
    • Industrial Organization
    • Labor Economics / Economics of the Household
  • Working Papers

    • Patrick Bayer and Robert McMillan.
    • (2005).
    • Racial Sorting and Neighborhood Quality.
    • NBER Working Paper
    • .
    • [web]
  • Research Summary

    urban economics, public economics, economics of education, economics of crime
  • Research Description

    Bayer'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.
  • Areas of Interest

    Residential Sorting
    Neighborhood and Peer Effects
    Education Demand
    School Competition
    Housing Markets
    Racial Discrimination
  • Awards, Honors and Distinctions

      • Economic Inquiry, Best 2009 Article Award for Bayer, Bernheim and Scholz, “Financial Education in the Work Place,
      • 2010
  • Recent Publications

      • Patrick Bayer, Bryan Ellickson, Paul Ellickson.
      • (May, 2010).
      • Dynamic Asset Pricing in a System of Local Housing Markets.
      • American Economics Association Papers and Proceedings
      • .
      • P. Bayer, R. McMillan.
      • (Submitted, April 30, 2010).
      • Choice and Competition in Education Markets.
      • NBER Working Paper
      • .
      • Peter Arcidiacono, Patrick Bayer, Jason Blevins, and Paul Ellickson.
      • (Submitted, 2010).
      • Estimation of Dynamic Discrete Choice Models in Continuous Time.
      • NBER Working Paper
      • .
      • Peter Arcidiacono and Patrick Bayer and Aurel Hizmo.
      • (2010).
      • Beyond Signaling and Human Capital: Education and the Revelation of Ability.
      • American Economic Journal: Applied Economics
      • .
      • [web]
      • P. Bayer, R. Hjalmarsson, S. Anwar.
      • (Submitted, 2010).
      • Jury Discrimination in Criminal Trials.
      • NBER Working Paper
      • .
  • View All Publications
  • Postdoctoral Students

    • Marcus Casey
      • 2009/10
  • PhD Students

    • Alvin Murphy
      • 2008
    • Erika Martinez
      • 2011
    • Marcus Casey
      • 2009
    • Elliot Anenberg
      • 2011
    • Randi Hjalmarsson
      • 2005
    • Mainak Sarkar
      • 2005
    • Ulrich Wagner
      • 2006
    • Kyle Mangum
      • 2012
    • Aurel Hizmo
      • 2011
  • Teaching

    • ECON 901.01
      • APPLIED MICROECONOMICS WKSHP
      • Social Sciences 111
      • Tu 03:05 PM-05:45 PM
    • ECON 951S.04
      • APPLIED MICRO RESEARCH
      • Social Sciences 327
      • M 11:45 AM-01:00 PM
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