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New Krannert Faculty 2019
join Dean Hummels in welcoming our newest faculty

Krannert Faculty

Victoria Prowse

Victoria Prowse

Associate Professor of Economics
Marge Magner Chair


Ph.D., Economics, Oxford University
M.Phil, Economics, Oxford University
B.A. Economics and Management, Oxford University

Victoria Prowse is an empirical microeconomist with research interests in labor, public and experimental economics. Her research explores how cognitive skills and preferences affect effort provision, learning, and life outcomes including educational attainment, labor supply, retirement, and inequality. She is also interested in understanding how interventions and public policies shape important life outcomes.

Professor Prowse is the Magner Chair and an Associate Professor in the Department of Economics and the Krannert School of Management at Purdue University. She is a Faculty Affiliate of the Purdue Integrative Data Science Initiative and the Purdue Policy Research Institute as well as a Research Fellow of IZA and DIW. Victoria’s teaching interests include labor economics and applied econometrics.

You can find Victoria's C.V. and publications here.

Google Scholar | IZA | Ideas | SSRN

Journal Articles

  • Clark, D., Gill, D., Prowse, V., Rush, M. (2020). Using Goals to Motivate College Students: Theory and Evidence from Field Experiments. Review of Economics and Statistics, vol. 102 (4), 459 - 954. | Download |
  • Gill, D., Kissova, Z., Lee, J., Prowse, V. (2019). First-place Loving and Last-place Loathing: How Rank in the Distribution of Performance Affects Effort Provision. Management Science , vol. 65 (2), | Download |
  • Gill, D., Prowse, V. (2019). Measuring Costly Effort Using the Slider Task. Journal of Behavioral and Experimental Finance, vol. 21 1-9. | Download |
  • Gill, D. & Prowse, V. (2016). Cognitive Ability, Character Skills, and Learning to Play Equilibrium: A Level-k Analysis. Journal of Political Economy, vol. 124 (6), 619-1676. | Download |
  • Haan, P. & Prowse, V. (2014). Longevity, Life-cycle Behavior and Pension Reform. Journal of Econometrics, vol. 173 (3), 582-601. | Download |
  • Gill, D. & Prowse, V. (2014). Gender Differences and Dynamics in Competition: The Role of Luck. Quantitative Economics, vol. 5 (2), 351-376. | Download |
  • Gill, D. & Prowse, V. (2013). Cheating in the Workplace: An Experimental Study of the Impact of Bonuses and Productivity. Journal of Economic Behavior and Organization, vol. 96 120-134. | Download |
  • Gill, D. & Prowse, V. (2012). A Structural Analysis of Disappointment Aversion in a Real Effort Competition. American Economic Review, vol. 102 (1), 469-503. | Download |
  • Prowse, V. (2012). Modeling Employment Dynamics with State Dependence and Unobserved Heterogeneity. Journal of Business and Economic Statistics, vol. 30 (2), 411-431. | Download |
  • Haan, P. & Prowse, V. (2010). A Structural Approach to Estimating the Effect of Taxation on the Labor Market Dynamics of Older Workers. Econometrics Journal, (13), 3. | Download |
  • Prowse, V. (2009). Estimating Labour Supply Elasticities Under Rationing: A Structural Model of Time Allocation Behaviour. Canadian Journal of Economics, vol. 41 (1), 90-112. | Download |

Working Papers

  • David Gill; Victoria Prowse (2021). The Creativity Premium.
  • Eduardo Fe; David Gill; Victoria Prowse (2021). Cognitive skills, strategic sophistication, and life outcomes.
  • Peter Haan; Victoria Prowse (2020). Optimal Social Assistance and Unemployment Insurance in a Life-cycle Model of Family Labor Supply and Savings.
  • Peter Haan; Daniel Kemptner; Victoria Prowse (2020). Insurance, Redistribution, and the Inequality of Lifetime Income.
  • David Gill; Victoria Prowse (2019). Strategic Complexity and the Value of Thinking.
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    Higher Performance

    Balancing the need to provide an affordable, accessible education with a commitment to transforming students’ lives and preparing them for the future is an ongoing challenge in higher education. New research from economists at Purdue University’s Krannert School of Management finds that task-based goal setting can help on both fronts as a low-cost and logistically simple approach to improving students’ course performance.

    Full story: Higher Performance

  • ECON 360 (Spring 2017)
  • ECON 360 (Spring 2018)
  • ECON 360 (Spring 2019)
  • ECON 360 (Spring 2020)
  • ECON 360 (Spring 2021)
  • ECON 690 (Spring 2017)
  • ECON 690 (Spring 2019)
  • ECON 690 (Spring 2020)
  • ECON 690 (Spring 2021)

Phone: (765) 496-2049
Office: RAWL 4072

Quick links

Personal website
Google Scholar

Area(s) of Expertise

Labor Economics, Public Economics, Experimental Economics, Economics of Education, Applied Economics