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Krannert Directory

Matthew Hoelle

Assistant Professor of Economics;

I am an Assistant Professor of Economics at Purdue University. I received my PhD in Economics from the University of Pennsylvania in May 2010. I spent the academic year following graduation as a Max Weber Postdoctoral Fellow at the European University Institute (EUI) in Florence, Italy.

My research focuses on how economic policy can mitigate the impacts of market frictions and imperfections, specifically incomplete financial markets. By modeling such frictions directly and abstracting away from the underlying causes of such incompleteness, including information asymmetries, agency problems, hold-up problems, and lack of commitment, I can derive general properties for the mechanism by which policy interacts with the frictions to generate real effects.

One such property is the ability of policy to support an efficient (in the Pareto sense) allocation of resources. Another such property, an essential one for policy analysis, is a determinate set of equilibria for a given policy choice.

My teaching portfolio includes Game Theory (at the undergraduate level, including a popular online text) and Macroeconomics at the MBA, MS, and PhD levels, including a novel distance-learning course design.


Ph.D. Economics, University of Pennsylvania (2010)
B.S. Chemical Engineering, Washington University (2005)

Matthew Hoelle


Phone: (765) 49-62737
Office: KCTR 226

Quick links

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