My interests are in the areas of labor economics, program evaluation, and the economics of education. Currently my research focuses on college student debt accumulation and the subsequent risk of default, the effect of tuition subsidies on college attendance, the influence of family wealth on college attendance and completion, the effect of financial aid packages on college attendance, completion and subsequent labor market earnings, the influence of education on job displacement and subsequent earnings, the impact of unemployment insurance rules on unemployment durations and re-employment wages, and the determinants and consequences of repeat use of the unemployment insurance system.
Prof. Shapiro is the Lawrence R. Klein Collegiate Professor of Economics, College of Literature, Science, and the Arts and Research Professor, Survey Research Center, Institute for Social Research, at the University of Michigan, Ann Arbor.
Prof. Shapiro’s general area of research is macroeconomics. He has studied investment and capital utilization, business-cycle fluctuations, consumption and saving, financial markets, monetary policy, fiscal policy, and time-series econometrics. Among his current research interests are consumption, saving, retirement, and portfolio choices of households, the effects of tax policy on investment, using surveys in macroeconomics, and improving the quality of national economic statistics.
My research focuses on the intended and unintended consequences of language in financial markets. I examine this relationship across a number of contexts, such as the Federal Reserve, initial public offerings, and mergers and acquisitions. More broadly, my work aims to develop new theoretical and methodological approaches to understand the role of language in society.
My research focus is on the development and application of machine learning tools to large scale financial and unstructured (textual) data to extract, quantify and predict risk profiles and investment grade rating of private and public companies. Example datasets include social media and financial aggregators such as Bloomberg, Pitchbook, and Privco.
Jeffrey S. McCullough, PhD, is Associate Professor in the department of Health Management and Policy in the School of Public Health at the University of Michigan, Ann Arbor.
Prof. McCullough’s research focuses on technology and innovation in health care with an emphasis on information technology (IT), pharmaceuticals, and empirical methods. Many of his studies explored the effect of electronic health record (EHR) systems on health care quality and productivity. While the short-run gains from health IT adoption may be modest, these technologies form the foundation for a health information infrastructure. As scientists are just beginning to understand how to harness and apply medical information, this problem is complicated by the sheer complexity of medical care, the heterogeneity across patients, and the importance of treatment selection. His current work draws on methods from both machine learning and econometrics to address these issues. Current pharmaceutical studies examine the roles of consumer heterogeneity and learning about the value of products as well as the effect of direct-to-consumer advertising on health.
Michael Cafarella, PhD, is Associate Professor of Electrical Engineering and Computer Science, College of Engineering and Faculty Associate, Survey Research Center, Institute for Social Research, at the University of Michigan, Ann Arbor.
Prof. Cafarella’s research focuses on data management problems that arise from extreme diversity in large data collections. Big data is not just big in terms of bytes, but also type (e.g., a single hard disk likely contains relations, text, images, and spreadsheets) and structure (e.g., a large corpus of relational databases may have millions of unique schemas). As a result, certain long-held assumptions — e.g., that the database schema is always known before writing a query — are no longer useful guides for building data management systems. As a result, my work focuses heavily on information extraction and data mining methods that can either improve the quality of existing information or work in spite of lower-quality information.
Dr. Raghunathan’s primary research interest is in developing methods for dealing with missing data in sample surveys and in epidemiological studies. The methods are motivated from a Bayesian perspective but with desirable frequency or repeated sampling properties. The analysis of incomplete data from practical sample surveys poses additional problems due to extensive stratification, clustering of units and unequal probabilities of selection. The model-based approach provides a framework to incorporate all the relevant sampling design features in dealing with unit and item nonresponse in sample surveys. There are important computational challenges in implementing these methods in practical surveys. He has developed SAS based software, IVEware, for performing multiple imputation analysis and the analysis of complex survey data. Raghunathan’s other research interests include Bayesian methods, methods for small area estimation, combining information from multiple surveys, measurement error models, longitudinal data analysis, privacy, confidentiality and disclosure limitations and statistical methods for epidemiological studies. His applied interests include cardiovascular epidemiology, social epidemiology, health disparity, health care utilization, and social and economic sciences. Raghunathan is also involved in the Survey Methodology Program at the Institute for Social Research, a multidisciplinary team of sociologists, statisticians and psychologists, provides an opportunity to address methodological issues in: nonresponse, interviewer behavior and its impact on the results, response or measurement bias and errors, noncoverage, respondent cognition, privacy and confidentiality issues and data archiving. The Survey Methodology Program has a graduate program offering masters and doctoral degrees in survey methodology.
Dr. Nalliah’s research expertise is process evaluation. He has studied various healthcare processes, educational processes and healthcare economics. Dr. Nalliah’s research studies were the first time nationwide data was used to highlight emergency room resource utilization for managing dental conditions in the United States. Dr. Nalliah is internationally recognized as a pioneer in the field of nationwide hospital dataset research for dental conditions and has numerous publications in peer reviewed journals. After completing a masters degree at Harvard School of Public Health, Dr. Nalliah’s interests have expanded and he has studied various public health issues including sports injuries, poisoning, child abuse, motor vehicle accidents and surgical processes (like stem cell transplants, cardiac valve surgery and fracture reduction). National recognition of his expertise in these broader topics of medicine have given rise to opportunities to lecture to medical residents, nurse practitioners, students in medical, pharmacy and nursing programs about oral health. This is his passion- that his research should inform an evolution of health education curriculum and practice.
Dr. Nalliah’s professional mission is to improve healthcare delivery systems and he is interested in improving processes, minimizing inefficiencies, reducing healthcare bottlenecks, increasing quality, and increase task sharing which will lead to a patient-centered, coherent healthcare system. Dr. Nalliah’s research has identified systems constraints and his goal is to influence policy and planning to break those constraints and improve healthcare delivery.
Exploring properties of spatial-econometric methods for valid estimation of interdependent processes, i.e., estimation of spatially & spatiotemporally dynamic responses, primarily in political science and political economy applications. Specific applications have included international tax-competition and national tax & other economic policies, U.S. inter-state policy diffusion, the (possibly contagious) spread of intra- and inter-state conflict.