Kathryn Graddy

Kathryn Graddy is an economist who is currently serving as the dean of Brandeis International Business School at Brandeis University. Graddy is a professor of economics, and holds the title of Fred and Rita Richman Distinguished Professor in Economics. Her research interests include the economics of art, culture, and industrial organization.

Kathryn Graddy
Alma materPrinceton University (PhD)
Scientific career
InstitutionsBrandeis University
ThesisWho pays more? Essays on bargaining and price discrimination. (1994)

Education and career

Graddy received a BS in mathematics and a BA in Russian language from Tulane University, an MBA from Columbia University, and a PhD in economics from Princeton University. Prior to working at the University of Oxford, she was appointed as an assistant professor of economics at the London Business School. Afterwards, she was a research fellow at Jesus College and then at Exeter College.[1]

After leaving Oxford, Graddy joined Brandeis University in 2007, where she is the Fred and Rita Richman Distinguished Professor in Economics. Among other leadership roles, she has chaired the university's department of economics and directed the PhD program at Brandeis International Business School (IBS). In 2016, she was named senior associate dean of IBS, a position she held until she became dean in 2018.[1]

Research

Graddy's research interests include the economics of art, culture, and industrial organization.[2]

As a graduate student, Graddy spent a month shadowing a trader at the Fulton Fish Market to analyze competition within fish markets. In her 2006 study, she described how the traders appeared to charge different prices to different ethnic groups, and perfect competition at the market was not apparent.[3][4]

In a 2017 paper co-authored with Princeton University economist Carl Lieberman, the two economists concluded that "artists, in the year following the death of a friend or relative, are on average less creative than at other times of their lives." The results were based on an analysis of thirty-three French Impressionist painters and fifteen American artists born between 1910 and 1920.[5][6] This followed an earlier working paper by Graddy, which found that visual artists' creative output suffered during periods of bereavement.[7][8][9]

Selected publications
  • Barrett, Scott; Graddy, Kathryn (October 2000). "Freedom, growth, and the environment". Environment and Development Economics. Cambridge University Press. 5 (4): 433–456. JSTOR 44404310.
  • Ashenfelter, Orley; Graddy, Kathryn (September 2003). "Auctions and the Price of Art". Journal of Economic Literature. 41 (3): 763–786. doi:10.1257/002205103322436188.
  • Angrist, Joshua D.; Graddy, Kathryn; Imbens, Guido W. (July 2000). "The Interpretation of Instrumental Variables Estimators in Simultaneous Equations Models with an Application to the Demand for Fish". The Review of Economic Studies. 67 (3): 499–527. doi:10.1111/1467-937X.00141.

References
  1. "Kathryn Graddy named dean of Brandeis University International Business School". Brandeis University. May 1, 2018. Retrieved December 5, 2020.
  2. "Kathryn Graddy". Brandeis University. Archived from the original on December 5, 2020. Retrieved December 5, 2020.
  3. Harford, Tim (June 22, 2007). "What do fish markets teach us about the economy?". Slate. Retrieved December 5, 2020.
  4. "How deep are your pockets?". The Economist. June 30, 2012. Retrieved December 5, 2020.
  5. Jacobs, Tom (December 5, 2017). "Contrary to Cliché, Misery May Inhibit Creativity". Pacific Standard. Retrieved December 5, 2020.
  6. Voon, Claire (December 6, 2017). ""Tortured" Artists Are Actually Less Creative, Study Suggests". Hyperallergic. Retrieved December 5, 2020.
  7. Malvern, Jack (December 24, 2015). "There's no need to suffer for your art". The Times. Retrieved December 5, 2020.
  8. Clark, Nick (December 22, 2015). "An academic has debunked the myth of the tortured artist". The Independent. Retrieved December 5, 2020.
  9. Blakemore, Erin (January 8, 2016). "Grief May Not Make Artists Better". Smithsonian. Retrieved December 5, 2020.
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