Curriculum Vita

Stephen Bruestle

University of Virginia
Department of Economics

Monroe Hall
Charlottesville, VA 22903

website: http://stephen.bruestle.net/
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Last Updated: 5/24/2010

Education:

 

Doctorate:         University of Virginia

 Economics Ph.D. in Progress

 Fall 2007 Entering Class


Masters:            University of Virginia, 2008

                         Economics (MA)

 

Undergraduate:  Lafayette College, 2007

 Economic History (BA) and Mathematics (BA) Double Major with an Honors in Economics and Business

 Dean's List all Semesters

 

High School:     Hopewell Valley Central High School, 2003

Awards: Cum Laude, Testamur Scholar, and Performing Arts Service Award

Advanced Courses: BC Calculus, AP Physics, AP European History, Independent Study in Political Science


Publication:

(with Assistant Professor Michael A.Kelly) Trend Of Subjects Published In Economics Journals 1969-2007. Economic Inquiry: 2010, 1465-7295.

JEL CODES: A11, A14

ABSTRACT: We describe the evolution of subject areas published in economics over four decades and calculate the percentage of articles published in each Journal of Economic Literature (JEL) subject category, with and without weighting by Eigenfactor.com’s Article Influence (AI). Finance, Development, and Industrial Organization have seen their share of total articles rise over the past four decades while Microeconomics, Macroeconomics, and Labor have seen their share fall. We use JEL codes to define specialty journals and find that more specialty journals tend to increase the overall percentage share for that subject. This effect is ambiguous when re-weighted by AI.



Working Paper:

(with William E. Simon Professor of Political Economy W. Mark Crain) Forecasting Household Expenditures Using the Consumer Confidence Index: A Mean-Variance Approach.

ABSTRACT: This paper refines the way consumer confidence survey data are used in forecasting models. The refinement is easy to describe: it extends existing models by controlling for statistically significant changes in consumer confidence index values. The motivation behind this refinement is simply that not all changes in the confidence index are statistically significant, and mean index values alone provide a noisy signal. Controlling for significant versus insignificant changes in the consumer confidence index materially enhances the explanatory power of household expenditure forecasting models.



Work in Progress:

Showing Ads to the Wrong Consumers: Strategic Inefficiency in Online Targeteed Pay-Per-Click Advertising.

JEL CODES: C78, D83, L19, L86, M37
ABSTRACT: Online advertising is different from newspaper, television and other traditional advertising, because 1) Google, Amazon, Facebook and other online advertising platforms are better able to personalize ads to fit consumers’ characteristics and 2) merchants pay per consumer that clicks on their ad. This is the first paper to analyze online targeted pay-per-click advertising. Because online advertisement platforms maximize clicking and do not maximize the merchants’ profits, I find that a platform is induced to show ads inefficiently, showing an ad to some consumers who would not buy the product and not showing the same ad to other consumers who would.
 

Professional Experience:

 

Summer 2009             Research Assistant to Associate Professor John Pepper

                                    Edited a paper of his for publication

Summer 2009             Research Assistant to Professor Lee Coppock

                                    Formatted and organized statistics

Summer 2006-2007    Excel Research Assistant to Assistant Professor Michael A. Kelly

Areas of Research: Effect of Sarbanes-Oxley on the stock market, effect of filing NT 10-K, using JEL Classification to see how Economics Publications have changed since 1969.

Summer 2005              Excel Research Assistant to William E. Simon Professor of Political Economy W. Mark Crain

and January 2006         Areas of Research: University of Michigan Consumer Sentiment Index, Consumer Spending, Forecasting, Statistical Difference in Distributions

 

Teaching Experience:
 

Summer 2010             Instructor (forthcoming)

                                     Intermediate Microeconomics (UVA ECON 3010)

Spring 2010                Teaching Assistant to Assistant Professor Federico Cilberto

                                     Intermediate Microeconomics (UVA ECON 3010)

                                     Led three discussions sections

Fall 2009                    Teaching Assistant to Professor Edgar Olsen

                                     Economics of the Public Sector (UVA ECON 4310)

                                     Led three discussions sections

Spring 2009                 Teaching Assistant to Kenneth Strazzeri

                                     Introduction to Statistical Analysis (UVA STAT 2020)

                                     Proctored quizzes, led a discussion section and designed test questions

Fall 2008                    Teaching Assistant to Assistant Professor Eric Furstenberg

                                     Intermediate Microeconomics (UVA ECON 3010)

                                     Led three discussions sections

Summer 2008             Teaching Assistant to Kulwant Rai

                                     Introduction to Microeconomics (UVA ECON 2010)

                                     Led a discussions section, gave lectures and gave group assignments

Summer 2008             Teaching Assistant to Associate Professor Lee Coppock

                                     Introduction to Macroeconomics (UVA ECON 2020)

                                     Graded Homework, graded tests and formatted statistics on students

Spring 2008                Teaching Assistant to Associate Professor Lee Coppock

                                     Introduction to Macroeconomics (UVA ECON 2020)

                                     Led three discussions sections

Fall 2007                    Teaching Assistant to Professor Kenneth Elzinga

                                     Introduction to Microeconomics (UVA ECON 2010)

                                     Led three discussions sections


Skills:

 

Economics:       Industrial Organization, Economics of Advertising, Microeconomics, Principles

 

Mathematics:    Game Theory, Probability, Statistics Abstract Algebra, Vector Spaces, Calculus, Mathematical Modeling

 

Computers:       MaTLab, Stata, EViews, SAS, Microsoft Excel, TextPad regular expressions, Microsoft Word, Adobe Acrobat, Microsoft Access, Dream Weaver/ web design

 

Personal:           Poetry, Creative Writing, Sculpting, Fitness, Poker, Creating an Economics Board Game (Pimponomics)

 

Undergraduate Papers:

(at Lafayette College)

 

Firm Structure and Industrial Revolutions. Fall 2006. ECON 495 02 Thesis. Working Paper. Thesis Advisor Professor W. Mark Crain.

 

Islam and Economic Choice. Fall 2006. REL 215 02 Islam. Working Paper.

 

African culture as a good is it a normal good?: Evidence for Pan-Africanism in Latin America. Fall 2006. HIST 361 02 Africa in the Atlantic World.

 

How was the quantity of slaves shipped to the Americas chosen? What drove the slave market? Fall 2006. HIST 361 02 Africa in the Atlantic World.

 

The Tall Tale of Heights: An Econometric History of 18th Century British Living Standards. Spring 2006. Joint ECON 365 02 Econometric Analysis and HIST 225 02 Age of Revolution.

 

From Workshop of the World to Second Rate Power: A Review Essay of Three Contemporary Arguments Concerning Britain's Relative Economic Decline. Fall 2005. HIST 224 02 Modern British History.

 

The Spirit of a Samurai - The Ability of a Merchant (Shikon Sho­sai). Spring 2005. HIST 106 02 Introduction to History: The History of the Samurai.

 

Honors:

 

2006 - Inducted Member of Pi Mu Epsilon (Mathematics Honors Society)

2006 - Inducted Member of Delta Epsilon (Economics Honors Society)

2006 - First place in the BARGE (the Lafayette College school wide team mathematics competition)

2005 - Samurai Paper chosen to represent the History Department of Lafayette College for President Weiss's inauguration

Paper: "The Spirit of a Samurai - The Ability of a Merchant (Shikon Sho­sai).

2003-2007 - Lafayette College Dean's List all Semesters

 

Leadership Roles:

 

2009-2010         Member of Peace and Justice Committee of the Westminster Presbyterian Church

2006-2007         President of the Lafayette College History Club

2006-2007         Chair of Events Committee of the W.O.R.D.S (poetry group)

2006-2007         Webmaster of the W.O.R.D.S (poetry group)

2005-2006         Treasurer of the Lafayette College History Club

2004-2005         Webmaster of the Lafayette College History Club

2004-2005         Secretary of the Lafayette College History Club

2004                  Youth Advisory Delegate to PCUSA General Assembly

2004                  Head Manager of the Pep Band of Lafayette College

2004                  Student Representative to the Library Faculty Committee

2004                  Member of the Student Government of Lafayette College

2004                  Farinon Student Services Representative (Student Government of Lafayette College)

2004                  Elections Chair of the Student Government of Lafayette College

2003                  Directed Lysistrata (Hopewell Valley Central High School)

2002                  Youth Advisory Delegate to PCUSA Synod of the North East

2001-2010         Elder of the Presbyterian Church (USA)

2001-2003         Member of Session of the Pennington Presbyterian Church