Areas of Expertise

Industrial Organization, Applied Econometrics, Productivity, Market Integration

Academic Degrees

• Ph.D., Kellogg School of Management, Northwestern University, 2015
• B.A. in Economics, University of North Carolina at Chapel Hill, 2008
• General Course, London School of Economics, 2007

Professional Experience

• Indiana University, Kelley School of Business: Assistant Professor; July 2015—present
• Federal Reserve Bank of Chicago, Economic Research: Associate Economist; 2008—2010

Awards, Honors & Certificates

• Rising Star Award, International Industrial Organization Conference, 2015
• Kellogg School of Management Graduate Fellowship, 2010

Selected Publications

• Butters, R. A. (2020). Demand Volatility, Adjustment Costs, and Productivity: An Examination of Capacity Utilization in Hotels and Airlines. American Economic Journal: Microeconomics, 12(4), 1-44.
• Butters, R. A. (2019). On Demand Uncertainty in the Newsvendor Model. Economics Letters, 185.
• Brave, S., Butters, R. A., and Justiniano, A. (2019). Forecasting Economic Activity with Mixed Frequency Bayesian VARs. International Journal of Forecasting, 35(4), 1692-1707.
• Butters, R. A., and Spulber, D. (2015). Market Integration through Factor Price Equalization: Evidence from the Electric Power Market. Working paper.
• Brave, S., and Butters, R. A. (2012). Diagnosing the Financial System: Financial Conditions and Financial Stress. International Journal of Central Banking, 8(2), 191-239.

Edited on July 3, 2023