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Justin Tobias

Justin Tobias

Professor and Head, Department of Economics
Senior Associate Dean, Krannert School of Management
Loeb Chair in Economics



Ph.D., Economics, University of Chicago

Justin Tobias is Professor of Economics at Purdue University. His research and teaching interests are in econometrics, specifically the theory and application of Bayesian econometric methods.

Professor Tobias is a Distinguished Author of the Journal of Applied Econometrics and Associate Editor of the Journal of the American Statistical Association, Journal of Business and Economic Statistics and Journal of Applied Econometrics. He is also a co-author of the textbook Bayesian Econometric Methods  (with Dale J. Poirier and Gary Koop) and has previously held tenured positions at Iowa State University and the University of California-Irvine.

  •  Idea Light Bulb

    Nobel Ideas

    Purdue’s Krannert School of Management presented a public panel discussion sponsored by the Hugh and Judy Pence family that focused on interdisciplinary perspectives on early childhood development and a fireside chat with Nobel Laureate James Heckman as part of an Economic Ideas Forum in April that served as the inaugural event of the University’s growing economic research center.

    Full story: Nobel Ideas

  • PURCE Rendering

    Centered on Economics

    The Purdue University Research Center in Economics (PURCE), a fast-growing initiative in need of space, will soon have a new home in the Krannert School of Management to conduct empirical research in economics focused on the role of incentives and markets in public policy.

    Full story: Centered on Economics

  • Purdue trustees approve naming of Krannert faculty positions and study abroad program

    The Purdue University Board of Trustees has ratified two named faculty positions at Krannert and approved the naming of the school's study abroad program in honor of an alumna. Professor Justin Tobias was named the Loeb Chair in Economics, while Associate Professor Kevin Mumford was named the Kozuch Director of the Purdue University Research Center in Economics (PURCE). Trustees also approved a resolution of appreciation for those who recently contributed $1 million or more to the university, including Krannert alumna Nancy Handel, whose ongoing gift commitments will create the Nancy H. Handel Study Abroad Program.

    Full story: Purdue trustees approve naming of Krannert faculty positions and study abroad program

Phone: (765) 494-8570
Office: RAWL 4076

Quick links

Personal website

Area(s) of Expertise

Bayesian Methods Econometrics Empirical Microeconomics