Research

2012

Economic Forecast & Revenue Estimate Presentation to Governor’s Advisory Board of Economists, JABE, September/October, 2006 – present. Available upon request

APEE - The Association of Private Enterprise Education Annual Conference Paper Presentation "Philosophical Criteria for State Coercion of Ethical Claims" April 1, 2012

Virginia Bankers Association Presentation, Board Members and Subsidiary State Boards, Economic Outlook and Economic Ethics, April 27, 2012, Richmond, VA. Forty CEOs and Bank Statewide Leadership

Virginia Association of Community Banks Annual Convention Presentation, “The Moral Foundations of Capitalism, From the Great Generation to Financial Crisis…What Went Wrong?, Williamsburg Lodge, October 14, 2012 – Audience 100 Bank CEOs & Leadership

Virginia Government Finance Officers Association 2012 Fall Conference – Forecast Presentation, “Clarity in a Time of Uncertainty: An Economic Outlook for the Nation and the Commonwealth”, Charlottesville, VA, October 17-19, 2012

2011

“God and Advanced Mammon – Can Theological Types Handle Usury and Capitalism?” By David Brat for Interpretation, April 2011

2010

“An Analysis of the Moral Foundations in Ayn Rand” by Katy Holland and David Brat, presented and published in the proceedings of Southeast Informs, Myrtle Beach, SC, October 6, 2010

“Human Capital in Eastern Europe: Revised Determinants of Student Test Scores”, by Soso Mamukelashvili and David Brat, presented and published in Proceedings of the Southeast Decision Sciences, Wilmington, NC, February 2010

Economic Forecast Presentations to Joint Advisory Board of Economists, JABE, October 2010, (JABE was newly established (prior GABE) under Governor McDonnell

2009

“No State Left Behind: Can State Policy Enhance Business Climate and Student Performance?”, by Kenneth Sands, Evan Dungan and David Brat, published in the Virginia Economic Journal, December 2009

“Explaining Freshman Retention Rates Between Colleges”, by C. Barry Pfitzner, Steven Lang and David A. Brat in the Virginia Economic Journal, December 2009

Economic Forecast Presentations to Governor’s Advisory Board of Economists, GABE, July 2009 Special Session and October 2009

“ The Mortgage Crisis and Credit Crunch: From Housing Losses to Balance Sheets to a Decrease in Economic Growth”, by Sydney Jones and David Brat published in Proceedings of the Southeast Informs Annual Meetings, October, 2009

Richmond Rotary Talk, “Adam Smith and Rotarian Ethics – Two good systems with one flawed assumption” October, 2009

TV Newscasts on “Economic Outlook for Retail Sales in 2009” for Channel 12 News. Feb 6 & 20, 2009. Similar newscasts at least once a month for Channels 8 and 12

Print News, Richmond Times Dispatch at least once a month on various economics topics, speaking as Chair of Economics & Business for RMC.

“Kantian Ethics and the Financial Crisis”, by David Brat presented at the Association of Private Enterprise Education international conference, Guatemala City, Guatemala, April 5, 2009.

“Energy and the Global Economy” presentation to the World Affairs Council of Greater Richmond in partnership with the Virginia Historical Society, the Foreign Policy Association, and the League of Women Voters, March 19, 2009.

Presentation to Virginia Bankers Association President and senior leadership of Provident and M&T Banks on “The Business Climate in Virginia.” Feb 2, 2009.

Recruiter/Moderator for "State of the Commonwealth Economic Summit", sponsored by Richmond Area Business Economists, RABE, to showcase state experts (Sec. Finance, Tax etc…) on budget sources, legislator previews of budget priorities and state and local economic development prospects for 2009 in light of budget. January 8, 2009 at VCU.

Review of Virginia Economic Development Partnership “Internal return on investment model” used to evaluate the economic impact for the Commonwealth from all announced expansions and new investment projects, January 5, 2009.

2008

Economic Forecast Presentation to Governor’s Advisory Board of Economists, GABE, September, 2008

“Economics and the Oil Crisis” – Public Television Interview by Rick Young with David Brat (RMC), George Hoffer (VCU) & Jack Woodfin, July 1, 2008

“R&D and Cross State Economic Growth: Does R&D Complement Higher Education in Generating Growth?”, by Catherine Noyes and David Brat, presented and published in Proceedings of the Southeast Informs Annual Meetings, October, 2008. Received Best Paper in Session Award.

“No State Left Behind: Can State Policy Enhance Business Climate and Student Performance?”, by Evan Dungan and David Brat, presented and published in Proceedings of the Southeast Informs Annual Meetings, October, 2008.

“Meta-Analyses of Cross Country Economic Growth and NAEP Test Scores: Do international NAEP scores measure Human Capital?”, by Trang Le and David Brat, presented and published in Proceedings of the Southeast Informs Annual Meetings, October, 2008.

Channel 6 News Clips 2008 - Interviewed on various topics: Closing of Army Navy Stores and Broader Unemployment Effects, Unemployment Effects from Circuit City and Job Skills, Credit Crisis and Investment Behavior

2007

Economic Forecast Presentation to Governor’s Advisory Board of Economists - 2007

R&D and Cross State Economic Growth: Does R&D Complement Higher Ed in Generating Growth?

No State Left Behind: Can State Policy Enhance Business Climate and Student Performance?

2006

“Growth Diagnostics vs. The Washington Consensus”, by Megan Kittle and David A.Brat in Proceedings of the Southeast Information Sciences, presented in Myrtle Beach, NC, October 2006. Summer Undergraduate Research Project with Megan Kittle, Summer 2006

Economic Convergence: Evidence from Counties in Virginia

Binding Constraints in Economic Development: Rodrik's Growth Diagnostics for NEPAD and Africa

2005

Educating America’s Children: No Child Left Behind and Virginia’s SOLs”, by Rachel Mathers and David A.Brat in Virginia Economic Journal (pending), presented at Virginia Association of Economists meetings in Williamsburg, VA, April 2006. Summer Undergraduate Research Project with Rachel Mathers, Summer 2005

“Adam Smith’s God and the End of Economics”, by David A. Brat in Virginia Economic Journal, presented at Virginia Association of Economists meetings in Richmond, VA, March 2005.

“Is Growth Exogenous? Taking Bernanke Seriously: But How Can a Fed Guy Forget the Institutions?”, by David A. Brat in Proceedings of the Southeast Information Sciences, presented in Myrtle Beach, NC, October 2005.

Book: "The Philosophy Of Economics: A History Of Science, Method And Ethics"

2004

“Long-Run Relationships Between GDP, Risk, Earnings and the Stock Market”, by C.B. Pfitzner and David A. Brat in Proceedings of the Southeast Information Sciences, presented in Myrtle Beach, NC, October 2004.

“Economic Growth and Institutions: The Rise and Fall of the Protestant Ethic?”, by David A. Brat in Virginia Economic Journal (2004), at Virginia Association of Economists meetings in Virginia Beach, VA, March 2004

“Are All Democracies Created Equal? 195 Years Might Matter”, by David A. Brat, Michael Olson and C.B. Pfitzner in Proceedings of the Southeast Information Sciences, presented in Myrtle Beach, NC, October 2004.

“GDP Growth and Stock Market Valuation Limits: From the Gordon Model to Ibbotson S&P Return Decompositions”, by David A. Brat in Proceedings of the Southeast Decision Sciences, presenting in Charleston, SC, February 2004

2003

“Milton Friedman’s Methodology of Positive Economics after 50 Years – A Call from the AEA in 2003”, by David A. Brat in Virginia Economic Journal (2003), at Virginia Association of Economists meetings in Virginia Beach, VA, March 2003

“Supply Side Determinants of Stock Market Valuation”, by John Carter Armstrong and David A. Brat in Proceedings of the Southeast Information Sciences, presented in Myrtle Beach, NC, October 2003

2002

Explaining Sol Variation Across Virginia School Districts
Tiebout Choice And Commuting Constraints

“Deterministic versus Stochastic Trends: The Implications for Long-term Stock Returns” by C., Barry Pfitzner and David A. Brat in Proceedings of the Southeast Information Sciences, presented in Myrtle Beach, NC, October 2002

“Measuring The Elasticity of Aggregate Demand: A Reappraisal”, by C. Barry Pfitzner and David A. Brat in Proceedings of the Southeast Decision Sciences, presented in Hilton Head, NC, February 2002

2001

“Explaining SOL Variation Across Virginia School Districts: Results from 1998, 1999 and 2000, by David A. Brat, in Virginia Economic Journal (2001), presented at Virginia Association of Economists meetings in Charlottesville, VA, March 2001

“Forecasting the Exchange Rate: An Evaluation of Competing Models”, by C. Barry Pfitzner and David A. Brat in Proceedings of the Southeast Decision Sciences, presented in Charlotte, NC, February 2001

2000

“Economic Growth and Human Capital Accumulation: The Rise and Fall of the Protestant Ethic?”, by David A. Brat in Proceedings of the Southeast Decision Sciences, 2000

“Explaining Freshman Retention Rates Between Colleges”, by C. Barry Pfitzner and David A. Brat in Proceedings of the Southeast Decision Sciences, presented in Wilmington, NC, February 2000

Science and Religion in the 19th Century: Historical Implications For the New Growth Theory

1999

Lesson Plans and Presentations, Hopewell Public Schools, High school lesson plan “Trade Patterns, Economic Interdependence and Developing Nations” , Middle school lesson plan “The Virginia Economy, Free Markets and the New Deal”, Powhatan County Public Schools, Elementary lesson plan “Trading Bags, Indentured Servitude, the Economics of the Civil War, and An Entrepreneurial Experience”, Summer 1999 (Letters and plans available upon request)

Business and Popular Culture Chapter

1998

“Inputs and Outputs in Virginia’s Education System”, with Steve Lang and Barry Pfitzner, in Virginia Economic Journal, December 1998

Central Bank Independence And Economic Growth

1997

How Stratified Is The World? Openness and Development

1996

Cross-Country Research and Development and Economic Growth

1995

Inequality Among Nations

Updated April 29, 2013