Peter F. Orazem Curriculum Vitae (.pdf)

University Professor of Economics, Iowa State University

Ph.D. Yale, 1983

M. Phil. Yale, 1980

B.A. with distinction, Kansas, 1977

Iowa State

Office: 267 Heady Hall

Phone: (515) 294-8656

FAX: (515) 294-0221


Interests: Labor economics, transition economies, human capital investment, rural labor markets, policy evaluation, economic development, applied econometrics

Selected Books and Chapters:

Orazem, Peter F., Guilherme Sedlacek and Zafiris Tzannatos. 2009 Child Labor and Education in Latin America:         An Economic Perspective

Orazem, Peter F. and Elizabeth M. King. 2008  “Schooling in Developing Countries: The Roles of Supply, Demand and Government Policy.” Chapter 55 in T. P. Schultz and John Strauss, eds. Handbook of Development Economics, Volume 4. 2008. Amsterdam: North Holland
Huffman, Wallace and Peter F. Orazem.2007  “Agriculture and Human Capital in Economic Growth:  Farmers, Schooling and Health.”  Chapter 43 in R. E. Evenson and P. Pingali, eds.  Handbook of Agricultural Economics Vol. 3. 2007. Amsterdam: North Holland
Orazem, Peter F., Paul Glewwe, and Harry Patrinos. 2009 “The Benefits and Costs of Alternative Strategies to Improve Educational Outcomes.” Chapter 4 in Bjorn Lomborg, ed. Global Crises, Global Solutions, 2nd ed. Cambridge: Cambridge University Press. 2009. pp. 180-214.
Orazem, Peter F. 2007. “Lack of Education.” Chapter 15 in Bjorn Lomborg, ed. Solutions for the World's Biggest Problems: Costs and Benefits, Cambridge: Cambridge University Press. 2007. pp. 241-262, 2007.
Orazem, Peter F. 2013.

“Education: the case for improving school quality and student health as a development strategy ” Chapter 5 in Bjorn Lomborg, ed. Global Problems, Smart Solutions Costs and Benefits Cambridge: Cambridge University Press. 2013. pp. 273-304, 2013.

Orazem, Peter F. 2014

“Benefits and Costs of the Education Targets for the Post-2015 Development Agenda.” Post 2015 Consensus Working Paper



Post-2015 Consensus

Selected Articles (CV):

   “Entrepreneurship over the Business Cycle.” Economics Letters.122 (2) (2014): 105–110. (with Li Yu and Robert W. Jolly).

“Student and Teacher Attendance: The Role of Shared Goods in Reducing Absenteeism”, Economics of Education Review 31(5) (2012):563-574 (with Ritwik Banerjee, Elizabeth M. King, and Elizabeth M. Paterno).

“Economic Freedom, Human Rights, and the Returns to Human Capital: An Evaluation of the Schultz Hypothesis.”  Economic Development and Cultural Change. 61(1) (2012): 39-72. (with Elizabeth M. King and Claudio E. Montenegro).

   “Why do rural firms live longer?” American Journal of Agricultural Economics 93(3) (April 2011): 673-692 (with  Li Yu and Robert Jolly).

    “Lifetime Health Consequences of Child Labor in Brazil.” In Research in Labor Economics, Vol 31: Child Labor and the Transition Between School and Work, edited by R.K.Q.Akee, E.V. Edmonds and K. Tatsiramos. (2010) :99-133. (with Chanyoung Lee)

        “Do Market Pressures Induce Economic Efficiency:  The Case of Slovenian Manufacturing, 1994-2001.” Southern Economic Journal. 76(2) (October 2009):553-576.(with  Milan Vodopivec)

         “"Does Local School Control Raise Student Outcomes?:  Evidence on the Roles of School Autonomy and Parental Participation," Economic Development and Cultural Change 58(1) (October 2009): 25-52. (with Victoria Gunnarsson, Peter F. Orazem,  Mario Sanchez and Aimee Verdisco)

        “Child Labor and School Achievement in Latin America.”  World Bank Economic Review 20 (January 2006):31-54. (with Victoria Gunnarsson and Mario Sanchez).

        “Cyclicality and the Labor Market for Economists.”  Southern Economic Journal. 72 (October 2005):284-304. (with Craig Gallet and John List)

        "Long-term Attachments and Long-Run Firm Rates of Return."Southern Economic Journal 71 October 2004. (with Marvin Bouillon and B. Michael Doran).

        " Minimum Wage Effects on Hours, Employment and Number of Firms: The Iowa Case." Journal of Labor Research 23 (Winter 2002):3-23. (with J. P. Mattila).

        " School Quality, School Cost, and the Public/Private School Choices of Low Income Households in Pakistan." Journal of Human Resources Spring 2001. (with H. Alderman and E.M. Paterno).

        "Central Mandates and Local Incentives: The Colombia Education Voucher Program." World Bank Economic Review 13 (September 1999): 467-492.(with E. King and D. Wohlgemuth)

        "Empirical Tests of Efficiency Wage Hypotheses,"Economica, February 1998. (with T.L. Huang, J.A. Hallam and E.M. Paterno)

        "Male-Female Supply to State Government Jobs and Comparable Worth,"Journal of Labor Economics, January 1998. (with J. Peter Mattila)

        "Winners and Losers in Transition: Returns to Education, Experience and Gender in Slovenia," World Bank Economic Review, May, 1995. (with Milan Vodopivec)

        "Human Capital, Uncertain Wage Distributions, and Occupational and Educational Choices," International Economic Review, February 1991. (with J. Peter Mattila)

  "The Implementation Process of Comparable Worth: Winners and Losers," Journal of Political Economy, February 1990. (with J. Peter Mattila)

Wallace Huffman Festschrift

Friday, August 1, 2014

Gateway Center, Ames Iowa

Honors and Past Assignments:


Go To Economics 101: Principles of Microeconomics Home Page

Go To Economics 320: Undergraduate Labor Economics Home Page

Go To Economics 321: Economics of Discrimination

Go To Economics 521: Graduate Labor Markets Home Page

Go To Economics 322: Collective Bargaining Home Page

Research and Commentary on Ames’ Economic Growth

Data Sets and Appendices

Stata data set used for Artz, Hoque,Orazem and Shah. "Urban-Rural Wage Gaps, Inefficient Labor Allocations, and GDP per Capita." Urban-Rural Wage Inequality Data Please contact Peter Orazem at if you encounter difficulties.

Stata data set used for Kuchibhotla, Orazem and Ravi.The Scarring Effects of Youth Joblessness in Sri Lanka."  Review of Development Economics. Sri Lanka Data Please contact Peter Orazem at if you encounter difficulties.

EXCEL data set used for Green, Orazem and Swepston. "College Quality as Revealed by Willingness-to-Pay for College Graduates" ”  Data set 1: Main data set Data Set 2: Supplemental Institutional ranking data set Please contact Peter Orazem at if you encounter difficulties.

Intermediate Microeconomic Problem Set described in, "Empirical Isoquants and Observable Optima".Review of Agricultural Economics(Fall/Winter, 1998):489-501.

International Agricultural Data

Appendix to "Design, Evaluation, and Sustainability of Private Schools for the Poor: The Pakistan Urban and Rural Fellowship School Experiments"Economics of Education Review(June 2003):265-274.

Appendices to "Rural Population Growth, 1950-1990: The Roles of Human Capital, Industry Structure and Government Policy". American Journal of Agricultural Econmomics 84 (August 2002):615-627. Data Appendix    and   Supplemental Regression Analysis

Appendix to "Economic freedom, human rights, and the returns to human capital : an evaluation of the Schultz hypothesis" King, Elizabeth M., Claudio Montenegro, and Peter F. Orazem February 2012.

Stata file for "College Quality as Revealed by Willingness-to-Pay for College Graduates " John Green, Peter F Orazem and Nicole Swepston 2023.

Stata file for "Urban-Rural Wage Gaps, Inefficient Labor Allocations, and GDP per Capita " Georgeanne M. Artz,Mohammad Mainul Hoque, Peter F Orazem and Urja Shah 2023.

  • Stata code for regressions using the data set in "Urban-Rural Wage Gaps, Inefficient Labor Allocations, and GDP per Capita "

  • Life Beyond Economics

    What's going on at the Iowa State Center? Ask Patti!

    YouTube links

    Shopping with Dad

    Stand-up Career 1
    Stand-up Career 2
    Stand-up Career 3
    Economics Department Skits, 1988-2007

    This Year's Nobel Prize Goes To.....

    Past Nobel Prize Announcements

    Predictions: Who will win the Nobel Prize Next Year?

    Go Back

    Economics Home Page | Index of Faculty|