Jeff Yankow (Ph.D., The Ohio State University) joined the Furman economics faculty in 1999 and has held the David C. Garrett, Jr. Chair in Economics since 2008.  He regularly teaches courses in labor economics, intermediate microeconomics, the history of economic thought, senior economics seminar, and a freshman seminar on Adam Smith and the Wealth of Nations.   

Dr. Yankow's extensive research agenda has focused on the pecuniary returns to geographic mobility, the effect of neighborhoods on work behavior, the patterns of job search among young workers, and why workers living in cities earn higher real wages.  His research has been published in leading peer-reviewed journals such as the Journal of Labor Economics, Journal of Regional Science, and Journal of Urban EconomicsHe was also instrumental in the creation of the department's Richard Stanford Prize, which celebrates the research and writing efforts of Furman students by recognizing the best paper written on an economics topic in a given year. 

An accomplished sportsman and traveler, Dr. Yankow played minor league baseball in the Kansas City Royals' farm system prior to attending graduate school.  In 2010, he lived for six months in Ukraine and served as an official international observer for the Ukrainian presidential election in that year.  More recently, he spent the 2015 Spring term lecturing in Scotland while leading the Furman in Edinburgh study away program.

Name Title Description


Macroeconomic Principles

An introduction to the study of the operation of the economy as a whole. Analysis of theories of government expenditure and tax policy and monetary policy as tools to promote economic stability. Topics include national income accounting, unemployment, inflation, money supply and interest rates, and the national debt.


Microeconomic Principles

An introduction to economic analysis focusing on individual units--households, firms and industries--or individual markets in the economy. The role of the price system in explaining behavior of these units and applications of price theory to current microeconomic issues including labor unions, government regulation of business, environmental protection, income distribution and poverty.


Introduction to Economics

Introduction to the essential concepts of economic analysis and implications for public policy. Emphasis on examining the operation of markets in both a macro and micro setting. Topics include: inflation, unemployment and monetary policy as well as consumer behavior, the operation of business firms, and supply and demand. Offerings at other institutions are not typically considered equivalent to this course unless they provide thorough coverage of topics introduced in both macro and microeconomics.


Economics of Poverty

Examination of the issues of income inequality and economic poverty in modern America. Topics include: theories of poverty and income distribution; statistical measurement of poverty and inequality; poverty trends among important racial and demographic groups; public policy initiatives.


History of Economic Thought

Development of economic thought from pre-classical writers through Adam Smith, the classical economists, socialist, marginalist, neoclassical and institutional writers to the present.


Labor Economics

The study of labor markets from both the firms' and workers' perspectives. Trends and relationships pertaining to the gender, race, age and educational composition of the workforce are discussed, as are worker mobility training and productivity. Major policies that affect labor markets (e.g., minimum wage, social security) are also examined.


Intermediate Microeconomics

Operation of the price system and its role in understanding the behavior of individual economic units: consumers, producers, and suppliers of resources. Applications of price theory to contemporary microeconomic problems.


Senior Seminar in Economics

Capstone course for economics majors. Reading and analysis of selected topics. Research, data analysis and writing of selected topics. Presentation of student research in oral forum.


The Wealth of Nations

Examines the factors that makes some nations wealthy and others poor, the debate over which economic system is best, and the ways a country's wealth and income are distributed among its citizens. Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations will be used as a primary point of departure for student discussion of the free enterprise system of markets and government embraced by much of the modern world.

  • "Employed Job Search Among Young Workers:Do Women Still Search Less Than Men in the Internet Age?" International Advances in Economic Research, 23(2), 2017, 245-259.
  • "U.S. State Economic Freedom and the Labor Supply of Young Workers," Modern Economy, 7(7), 2016, 822-828.
  • "A Longitudinal Analysis of the Impact of State Economic Freedom on Individual Wages," Journal of Regional Analysis and Policy, 44(1), 2014, 58-70.
  • "Gender Differences in Employed Job Search: Why Do Women Search Less Than Men?" (with Mary Jean Horney), Modern Economy, 4(7), 2013, 489-500.
  • "The Impact of Advertising on Fund Flows in Alternative Distribution Channels" (with Thomas I. Smythe, Michael Jones, and Vance Lesseig), International Journal of Financial Research, 2(1), 2011, 2-22.
  • "Some Empirical Evidence of the Efficacy of Job Matching in Urban Labor Markets," International Advances in Economic Research, 15(2), 2009, 233-244.
  • "Why Do Cities Pay More? An Empirical Examination of Some Competing Theories of the Urban Wage Premium," Journal of Urban Economics, 60(2), 2006, 139-161.
  • "The Geographic Mobility of Displaced Workers: Do Local Labor Market Conditions Matter?" Review of Regional Studies, 34(2), 2004, 120-136.
  • "Do Neighborhoods Affect Hours Worked? Evidence from Longitudinal Data," with Bruce A. Weinberg and Patricia B. Reagan, Journal of Labor Economics, 22(4), 2004, 891-924.
  • "Migration, Job Change and Wage Growth: A New Perspective on the Pecuniary Return to Geographic Mobility," Journal of Regional Science, 43(3), 2003, 483-516.
  • "Does Distance Matter? A Comparison of Boundary and Distance-Based Measures of Internal Migration," Journal of Economic and Social Measurement, 28(3), 2002/2003, 161-175.
  • "Migration, Job Change, and Sample Selection: A Probit Approach to Estimating the Determinants of Internal Migration," Pennsylvania Economic Review, 12(1), 2003, 1-11.
  • "The Wage Dynamics of Internal Migration within the United States," Eastern Economic Journal, 25(3), 1999, 265-278.
  • David C. Garrett, Jr. Endowed Chair in Economics, Furman University, 2008-present
  • Robert E. Hughes Endowed Professorship, Furman University, 1999-2002
  • William H. Green Memorial Fellowship, Ohio State University, 1998-99.
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