Dr. John Burger


Professor of Economics
France-Merrick Economics Faculty Scholar


Sellinger Hall 313


John D. Burger is professor of economics in the Sellinger School of Business at Loyola University Maryland.  He has published research in a number of areas including international finance, monetary policy, and sports economics.  Professor Burger has served as a consultant to the Asian Development Bank, World Bank and the Inter-American Development Bank.  Over the course of his career, Professor Burger has been invited to present his research at the Federal Reserve Board, International Monetary Fund, World Bank, Peterson Institute of International Economics, Banco de España, Central Bank of Peru, and the Federal Reserve Bank of San Francisco. Professor Burger received a B.S. from Wake Forest University and Ph.D. from the University of North Carolina at Chapel Hill.

The link to my personal page is https://sites.google.com/view/johnburger

Academic Degrees

Ph D, University of North Carolina at Chapel Hill
BS, Wake Forest University

Representative Publications

“The Symmetry and Cyclicality of R&D Spending in Advanced Economies,” (with Norman Sedgley and Kerry Tan), Empirical Economics 57(5): 1811-1828, November 2019.

Sedgley, N. H., Burger, J. D., & Tan, K. M. (2019). The symmetry and cyclicality of R&D spending in advanced economies. Empirical Economics, 57(5), 1811-1828.

Currency Matters: Analyzing International Bond Portfolios” (with Frank and Veronica Warnock) Journal of International Economics 114: 376-388, September 2018.

"Benchmarking Portfolio Flows,” (with Frank and Veronica Warnock) IMF Economic Review 66(3): 527–563, September 2018.

"The Symmetry and Cyclicality of R&D Spending in Advanced Economies,” (with Norman Sedgley and Kerry Tan), forthcoming Empirical Economics.

"Jobless Recoveries: Stagnation or Structural Change,” (with Jeremy Schwartz) Economic Inquiry 56(2): 709-723, April 2018.

"The Effects of U.S. Monetary Policy on Emerging Market Economies’ Sovereign and Corporate Bond Markets," (with Frank and Veronica Warnock) Central Banking, Analysis, and Economic Policies Book Series, in: Enrique G. Mendoza & Ernesto Pastén & Diego Saravia (ed.), Monetary Policy and Global Spillovers: Mechanisms, Effects, and Policy Measures, edition 1, volume 25, chapter 3, pages 49-96 Central Bank of Chile, 2018.

Macroeconomic Shocks and Corporate R&D,” (with Norman Sedgley and Kerry Tan) B.E. Journal of Macroeconomics, June 2017.

“US Investment in Global Bonds: As the Fed pushes, Some EMEs pull,” (with Rajeswari Sengupta and Frank and Veronica Warnock) Economic Policy 30(84): 729-766, October 2015.

“Productive Recessions and Jobless Recoveries,” (with Jeremy Schwartz) Contemporary Economic Policy 33(4): 636-648, October 2015.

“Bond Market Development in Developing Asia,” (with Frank and Veronica Warnock) From Stress to Growth: Strengthening Asia's Financial Systems in a Post-Crisis World Ed.

Marcus Noland and Donghyun Park. Peterson Institute for International Economics, October 2015.

"Emerging Local Currency Bond Markets" (with F.E. Warnock and V.C. Warnock) Financial Analysts Journal 68(4):73-93, July 2012.

"Is America's Pastime Too Time Consuming?" (with Stephen J.K. Walters), Economics Letters 116(2):204-206, May 2012.

"External capital structures and oil price volatility," (with A. Rebucci, F.E. Warnock and V.C. Warnock), Journal of Business, Finance and Economics in Emerging Economies 5(2): 1-37, December 2010.

“Uncertain Prospects: Rates of Return in the Baseball Draft,” (with Stephen J.K. Walters), Journal of Sports Economics 10(5):485-501, October 2009.

“Testing Fair Wage Theory,” (with Stephen J.K. Walters), Journal of Labor Research 29(4):318-332, December 2008.

“The Existence and Persistence of a Winner’s Curse: New Evidence from the (Baseball) Field,” (with Stephen J.K. Walters), Southern Economic Journal 75(1):232-45, July 2008.

“Foreign Participation in Local-Currency Bond Markets,” (with Francis E. Warnock), Review of Financial Economics 16(3): 291-304, July 2007.

“Local Currency Bond Markets” (with Francis E. Warnock), IMF Staff Papers 53: 133-146, September 2006.