Economics Hidden

Section 1

Daniel McMillen

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Professor of Economics, Professor of Urban and Regional Planning, Professor at Institute of Governmental and Public Affairs

Research Interests

Urban Economics, Applied Econometrics and Real Estate


Economics, Northwestern University, 1987

Daniel McMillen holds joint faculty appointments in the Department of Economics, the Department of Urban and Regional Planning, and the Institute of Government and Public Affairs. He also is a visiting fellow at the Lincoln Institute of Land Policy and a consultant at the Federal Reserve Bank of Chicago. He served as the Director of the Center for Urban Real Estate at the University of Illinois at Chicago from 1999-2005, and has been a member of the economics departments at the University of Oregon, Santa Clara University, Tulane University, and the University of Illinois at Chicago. McMillen received his Ph.D. in Economics from Northwestern University in 1987. His publications have appeared in such academic journals as the Journal of Urban Economics, Regional Science and Urban Economics, the Review of Economics and Statistics, Real Estate Economics, and the Journal of Business and Economic Statistics. He has been co-editor of Regional Science and Urban Economics since 2007. He also serves on the editorial boards of other leading journals in urban economics and real estate, and is on the Board of Directors of the American Real Estate and Urban Economics Association.

Selected Publications

  • Changes in the Distribution of House Prices over Time: Structural Characteristics, Neighborhood or Coefficients?” Journal of Urban Economic 64 (Nov. 2008), 573-589.
  • Clustering of Auto Supplier Plants in the United States: Generalized Method of Moments Spatial Logit for Large Samples,” Journal of Business and Economic Statistics 26 (Oct. 2008), 460-471, with Thomas Klier.
  • Land Values and the 1957 Comprehensive Amendment to the Chicago Zoning Ordinance," Urban Studies 45:8 (July 2008), 1647-1661, with John F. McDonald and Jian Zhou.
  • "Estimating Time, Age, and Vintage Effects in Housing Prices," Journal of Housing Economics 17 (June 2008), 138-151, with N. Edward Coulson.
  • "Commercial Lending Distance and Historically Underserved Areas," Journal of Economics and Business 60 (January/February 2008), 149-164, with Robert DeYoung, W. Scott Frame, Dennis Glennon, and Peter Nigro.
  • Evolving Agglomeration in the U.S. Auto Industry," Journal of Regional Science 48 (January 2008), 245-267, with Thomas Klier.
  • Spatial Competition and the Price of College," Economic Inquiry 45 (October 2007), 817-833, with Larry D. Singell, Jr. and Glen Waddell.
  • The Dynamics of Intra-Urban Quantile House Price Indexes," Urban Studies 44 (July 2007), 1517-1537, with N. Edward Coulson.
  • A Mismatch Made in Heaven: A Hedonic Analysis of Overeducation and Undereducation, Southern Economic Journal (April 2007), 901-930, with Paul T. Seaman and Larry D. Singell, Jr. (Georgescu-Roegen Prize for best paper of 2007).
  •  “Teardowns and Land Values in the Chicago Metropolitan Area,” Journal of Urban Economics 61 (January 2007), 45-64, with Richard F. Dye.
  • “The Aroma of Tacoma: Time-Varying Average Derivatives and the Effect of a Superfund Site on House Prices,” Journal of Business and Economic Statistics 21 (April 2003), 237-246, with Paul Thorsnes.
  • “Land Values in a Newly Zoned City,” Review of Economics and Statistics 84 (Feb. 2002), 62-72, with John F. McDonald.