Mark J. Perry

Mark Joseph Perry (born 1966)[1] is an American economist and professor of economics and finance in the School of Management at University of Michigan–Flint.[2]

Mark J. Perry
Born
Mark Joseph Perry

1966 (age 53–54)
Academic background
Alma materGeorge Mason University
ThesisMacroeconomic applications of ARCH models (1993)
Academic work
InstitutionsUniversity of Michigan–Flint

Biography

Education

He has an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota, and both a M.A. and Ph.D. in economics from George Mason University in Fairfax, Virginia.[3] Since 1997, he has been a member of the Board of Scholars for the Mackinac Center for Public Policy in Michigan.[4]

Work

He is a visiting scholar at the American Enterprise Institute.[5] He maintains a blog, Carpe Diem[6] and is a frequent contributor at SeekingAlpha.com.[2]

Analysis

He has written about gender issues, including differences in wage rates between men and women, for publications such as the Washington Post and the Wall Street Journal.[7] He has been critical of how the difference in pay has been measured and the conclusions drawn. For example, he argues differences in hours worked, education and having children should be accounted for.[8][9]

He has written that increasing the minimum wage may lead to job losses, criticizing a report by John Komlos who argued few jobs would be lost.[6][10] Economist Jacob Vigdor later stated that Perry's analysis was carried out using faulty data; in response, Perry said "The jury is still out on the $15 minimum wage, [...] and it will take years to assess its impact. I'm simply pointing to some possible evidence in employment trends that might suggest that there is early evidence of some effects."[11]

Affirming that the consumer confidence was a lagging indicator in econometrics[12], he criticised Obama's policies of demand market stimulation like the proposal of subsidizing electric and hybrid cars' sector, both for producers and consumers. Perry qualified public economic subsidies as a "boondoggle" and a severe market distortion, which would have been hindered the development of other alternative technologies such as hybrids and gasoline advanced engines.[13]

Civil rights complaint

In June 2016 Perry filed a complaint with the Michigan Department of Civil Rights seeking the closure of Michigan State University's Women's Lounge, alleging that having a private place for women to study on campus discriminated against men, and was a violation of civil rights.[7] He claimed the female only facility was a violation of both the Michigan Civil Rights Initiative and the equal opportunity in education act Title IX.

Selected publications
  • Grier, Kevin B.; Perry, Mark J. (1 August 1998). "On inflation and inflation uncertainty in the G7 countries". Journal of International Money and Finance. 17 (4): 671–689. doi:10.1016/S0261-5606(98)00023-0.CS1 maint: ref=harv (link)
  • Grier, Kevin B.; Perry, Mark J. (January–February 2000). "The effects of real and nominal uncertainty on inflation and output growth: some GARCH-M evidence". Journal of Applied Econometrics. 15 (1): 45–58. doi:10.1002/(SICI)1099-1255(200001/02)15:1<45::AID-JAE542>3.0.CO;2-K. JSTOR 2678579.CS1 maint: ref=harv (link)
  • Mehdian, Seyed; Perry, Mark J. (September–October 2001). "The reversal of the Monday Effect: new evidence from US equity markets". Journal of Business Finance and Accounting. 28 (7–8): 1043–1065. doi:10.1111/1468-5957.00404.CS1 maint: ref=harv (link)

Notes
  1. "Perry, Mark Joseph, 1966-". Library of Congress. Retrieved 6 November 2018.
  2. "Mark J. Perry's Articles". seekingalpha.com. Seeking Alpha. Retrieved 17 August 2016.
  3. Perry, Mark J. (1993). Macroeconomic applications of ARCH models (PhD thesis). George Mason University. OCLC 28247567.
  4. Perry, Mark J. "Carpe Diem, About Me". blogspot.com. Blogspot. Retrieved 24 June 2008.
  5. "Mark J. Perry". aei.org. AEI Scholar. Retrieved 17 August 2016.
  6. Perry, Mark J. (3 August 2016). "A bouillabaisse of economic errors, misunderstandings and false presumptions about the $15 minimum wage". aei.org. AEI Scholar. Retrieved 17 August 2016.
  7. Wolcott, R.J. (22 July 2016). "U of M-Flint professor targets MSU in civil rights complaint". Lansing State Journal. Retrieved 17 August 2016.
  8. Perry, Mark J.; Biggs, Andrew G. (7 April 2014). "The '77 cents on the dollar' myth about women's pay". Wall Street Journal. Retrieved 17 August 2016.
  9. Guo, Jeff (6 January 2016). "Asian American women are closing the gap with white men, but that's not the point". The Washington Post. Archived from the original on 17 April 2016. Retrieved 17 August 2016.
    • See also:
    Perry, Mark J. (4 January 2016). "Monday afternoon links: 5. Chart of the Day V — Wages by Race and Gender". aei.org. AEI Scholar. Retrieved 10 November 2018.
  10. Other citations:
  11. Hiltzik, Michael (23 February 2016). "Why do Conservatives keep saying Seattle's minimum wage hike has failed - without data?". Los Angeles Times. Retrieved 17 August 2016.
  12. Nate Silver (Sep 27, 2012). The Signal and the Noise: Why So Many Predictions Fail-but Some Don't. New York: The Penguin Press. pp. 188, 480. ISBN 978-1-59420-411-1. OCLC 820003931. Archived from the original on July 5, 2019. Retrieved February 27, 2020.
  13. Perry, Mark J. (2015). "The Government Should Not Subsidize Electric Cars". In Louise I. Gerdes (ed.). Hybrid and Electric Cars. Greenhaven Publishing. p. 76. ISBN 978-0-7377-6838-1. OCLC 857711648. Archived from the original on July 5, 2019.
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