Professor Lisa D. Cook


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Mailing Address:

Department of Economics
106 Old Botany
East Lansing, MI 48824-1038
Tel: (517) 432-7106
Fax: (517) 432-1068

James Madison College
357 N Case Hall
East Lansing, MI 48825-1205
Tel: (517) 432-1804   
Email: lisacook at msu dot edu

Professional Experience:


Michigan State University, 2005 — Current

Department of Economics and James Madison College, Associate Professor


Stanford University, 2002 — 2005

Hoover Institution, National Fellow and Research Fellow


Harvard University, 1997— 2004

Kennedy School of Government, Visiting Assistant Professor

Center for International Development, Deputy Director, Africa Research

Harvard Business School, Faculty, Making Markets Work


U.S. Treasury Department 2000 — 2001

Council on Foreign Relations International Affairs Fellow, Senior Advisor on Finance and Development




University of California, Berkeley

Ph.D. Economics, NSF Fellowship


Université Cheikh Anta Diop de Dakar Dakar, Senegal

Master’s Thesis, Philosophy

Oxford University

B.A., Philosophy, Politics, and Economics, Marshall Scholar


Spelman College

B.A., Philosophy (magna cum laude)


Research and Teaching Fields:


Macroeconomics, Development, Money and Banking, Economic History,

Technology and Innovation, Finance and Public Policy

Research Publications:


Research Publications: Here

At Ideas: Here

At NBER Authors Page: Here


Other Working Papers:

“Under-adjustment to Extreme Macroeconomic Events? Evidence from Michigan Households during the Great Recession,” October 2010

“Financial Crisis and Growth in Nigeria: Evidence from the Community Banking System,” Stanford University, September 2003.

“Is Intellectual-Property Protection in Developing Countries and Emerging Markets Driven by Supply or Demand? Evidence from Ethanol Production in Brazil, 1980 to 2008,” with Chaleampong Kongcharoen.


Book Reviews:

Rayvon Fouché. Black Inventors in the Age of Segregation. Baltimore and London: The Johns Hopkins University Press, 2003, reviewed for Journal of Economic of Economic History, (2004), 64:3:900-902 Cambridge University Press.

Robert J. Norrell. Up from History: The Life of Booker T. Washington. Cambridge: Harvard University Press, 2008, reviewed for Business History Review, by Lisa D. Cook (Spring 2010)


Bruce Sinclair, ed. Technology and the African American Experience: Needs and Opportunities for Study. Cambridge, MA: MIT Press, 2004, reviewed for Journal of Economic History, (2004), 64:3:900-902 Cambridge University Press.

Ross Thomson, Structures of Change in the Mechanical Age: Technological Innovation in the United States, 1790-1865. Baltimore: Johns Hopkins University Press, 2009. xiv + 432 pp. $68 (hardcover), ISBN: 978-0-8018-9141-0, reviewed for EH.NET by Lisa D. Cook (February 2010)


Research Projects:


Patents and Economic Activity

Ongoing exploration of patent data as an indicator of economic activity and as an incentive for innovation using historical and current data from the U.S., the Soviet Union/Russia, and Israel; 2002 to present


Russian, Soviet, and Russian Patents

This research project spans the Tsarist, Soviet, and Post-Soviet behavior of inventors in the territory that was once the Soviet Union. Inventors in this region patented extensively outside this region, even during the Soviet period when private property was largely banned. What was the incentive to do so? To what extent were these patents commercialized? Did patented and patent-like inventions follow inventors after the breakup of the Soviet Union? These and other questions are being addressed by this research.


The National Lynching Data Set

In tandem with a recent surge in interest in lynching in the United States in the late 19th and early 20th centuries, researchers in a number of fields have begun to use lynching data in new ways for a wide range of empirical investigations. A limited number of historical national lynching data series are available, have well-known flaws, and are nonetheless used. This project seeks to construct a national database of confirmed lynching victims, whose broader applications are just beginning to be explored.


Historical Distinctively Black Names and Their Consequences (with Trevon Logan and John Parman)

We have identified a set of historical (pre-1960) black names. The contribution of this research is that these names are externally validated, and this is the first known systematic identification of naming patterns among African Americans in the period following the Civil War and before the Civil Rights Movement. We are matching these names to various outcomes, such as mortality, to understand their influence.


Economic and Financial Crisis, Expectations, and the New Poor

New research to aid in measuring effects of the Great Recession on American households using survey evidence from Michigan households and to better predict future financial and economic crises; 2009 to present


The African American and Women Inventors and Patents Data Set. Stanford University, August 2003; last revised, November 2008; extended to women inventors, August 2009


Finance and Innovation (with Raoul Minetti)

Research focused on explaining patent booms and the effect of the adoption of new products and processes on bank finance using firm-level data in emerging markets and developing countries; 2007 to present


Financial Reform in Emerging Markets

An examination of the structure of and changes in financial institutions and markets in Russia and other emerging markets; 1995 to present


Nigerian Bank Reform and Poverty Alleviation, National Bureau of Economic Research, African Successes Program

A study of comprehensive bank reform from 2000 to 2005 and its effect on access to finance for the poor; 2009 to present


Grants and Awards:


National Science Foundation, “The Idea Gap in Pink and Black,” Science of Science Policy Program, May 2011 to December 2012; to study educational outcomes and incentives for innovation, including venture-capital funding to account for disparities in innovative outcomes among women and minorities


National Bureau of Economic Research and the Kauffman Foundation, Innovation Policy and the Economy Small Grant; Visiting Scholar, NBER, January to August 2009; to examine incentives for innovation, including to account for disparities in innovative outcomes among women and minorities

National Poverty Center, University of Michigan, Visiting Scholars Program, “Consumer Finance, the Financial Crisis, and the New Poor in Michigan,” May to August 2010; to examine the effects of the Great Recession on U.S. households using Michigan survey data

National Bureau of Economic Research and Bill and Melinda Gates Foundation, “Nigerian Bank Reform and Poverty Alleviation,” NBER African Successes Project, 2009-2011

Harvard Business School Alfred Chandler Grant, “Historical Origins of Financial Crises,” May to July 2011

Michigan Initiative for Innovation and Entrepreneurship Grant, Co-PI with Center for Venture Capital, Private Equity, and Entrepreneurial Finance at Broad School of Business

Institute for Public Policy and Social Research, Michigan State University, Research Grant, 2009-2010; for collection of data and research on Michigan households during the Great Recession

Prior to 2009

Economic History Association, Arthur M. Cole Grant

National (Post-Doctoral) Fellowship, Hoover Institution, Stanford University

National Science Foundation, Graduate Education

Ford Foundation (West Africa), Banking for the Poor

Council on Foreign Relations International Affairs (Post-Doctoral) Fellowship

Harvard Institute for International Development Post-Doctoral Fellowship

American Economic Association Summer Research and Training Opportunity

American Economic Association/Federal Reserve Bank of New York, Graduate Summer Research Fellowship

Social Science Research Council Workshop in Transition, Graduate Summer Research Fellowship

Marshall Scholarship, Oxford University

Harry S. Truman Foundation Fellowship

Harry S. Truman Foundation Public Service Award

Charles E. Merrill Study Abroad Fellowship, Spelman College

Courses Taught or Developed:

Macroeconomics, graduate and undergraduate, Michigan State University

Development Economics, graduate and undergraduate, Harvard University and Michigan State University

“Making Markets Work,” graduate (executive), Harvard Business School

International Relations, undergraduate, Michigan State University

Research Design and Empirical Methods for Public Policy, undergraduate, Michigan State University

Economics of Baseball, undergraduate (Truman Scholars Leadership Week), William Jewell College


Professional Memberships and Affiliations:


American Economic Association

Economic History Association

Economic History Society (UK)

Institute for the Economy in Transition (Moscow, Russia)

W.E.B. DuBois Institute, Harvard University, Non-Resident Fellow, 2003-4

Michigan State University:

Core Faculty Member and Acting Assistant Director, Center for Venture Capital, Private Equity, and Entrepreneurial Finance, Broad School of Business

Core Faculty Member, Center for European, Russian, and Eurasian Studies

Core Faculty Member, Center for the Advanced Study of International Development

Core Faculty Member and Advisory Committee Member, African Studies Center

Faculty Mentor, Humphrey Fellows Program

Other Activities:

Member, EHA Representative, NASA Committee, American History Association

Associate Editor, Feminist Economics

Referee: Journal of Economic History, Explorations in Economic History, Oxford Economic Papers, Feminist Economics, Review of Black Political Economy

Reviewer: National Science Foundation (various programs), MIT Press, Addison-Wesley Publishing

Obama Presidential Transition Team, Economics and International Trade; Team Leader, World Bank Agency Review, and Co-Team Leader, International Affairs, Treasury Department Agency Review

Visiting Researcher, Federal Reserve Bank of Philadelphia

Visiting Researcher and Dissertation Fellow, Federal Reserve Bank of New York

Spelman College Board of Trustees

Marshall, Gates Cambridge Trust, and Harry S. Truman Scholarship Selection Panels

Five-on-Five Basketball Tournament, James Madison College, Michigan State University (coach and player; winner, Spring 2010)


English, French, Latin, Spanish, Russian, Wolof


Media and Other Appearances, Selected:

Congressional Testimony:

U.S. – Africa Trade Relations: Creating a Platform for Economic Growth,” Joint Hearing of the Subcommittee on Commerce, Trade, and Consumer Protection of the Committee on Energy and Commerce and the Subcommittee on Africa and Global Health of the Committee on Foreign Affairs, June 24, 2009

Family Impact Seminar for State Legislators, “Consumer Finance and Households in Michigan,” State Capitol (Lansing), Organized by the Institute for Public Policy Research and the Department of Family Ecology, Michigan State University, December 1, 2009

WABC-AM “ON AIR”(Iraq and lessons from post-conflict economies), New York, NY

BET “Tavis Smiley Show” (debt relief for poor and African countries), Washington, DC

Port Huron Times-Herald (2008 financial crisis), Port Huron, MI

WILS 1320 (Lansing), The Tony Conley Show: “Crisis in the U.S. Stock Market and Greek Debt,” 2010

American Economic Association, Committee on the Status of Minorities, Profile




© 2011 Lisa D. Cook