John Shea

John Shea spearheads initiatives to address complex economic phenomena through his role as an Associate Professor in the Department of Economics at the University of Maryland. With a Ph.D. in economics from MIT, obtained in 1990, John has been a pivotal member of the Maryland faculty since 1996. His research is distinguished by its empirical orientation, delving into the short-run response of prices and quantities to demand shocks and exploring nominal illusion in major league baseball decision-making. In his academic pursuits, John is deeply engaged in teaching both graduate and undergraduate courses in macroeconomics. His dedication to education is matched by his contributions to the field, having published in some of the most prestigious economic journals. His scholarly interests are diverse, encompassing consumption and savings behavior, interindustry linkages, and agglomeration economies, alongside a unique focus on baseball statistics. John's work on consumption and savings behavior examines how individuals and households make financial decisions, while his research on interindustry linkages explores the interconnectedness of different sectors within the economy. His interest in agglomeration economies investigates the benefits that firms and industries derive from being geographically close to each other. Additionally, his fascination with baseball statistics provides a unique lens through which he analyzes decision-making processes in sports, offering insights that extend beyond traditional economic boundaries. Through his multifaceted research and teaching, John Shea continues to contribute significantly to the understanding of economic dynamics, influencing both academic circles and practical applications in various fields. His work not only enhances the academic environment at the University of Maryland but also impacts broader economic discourse.