Medcalfe is a Professor of Economics and Finance in the James M. Hull College of Business at Augusta University. He holds a Ph.D. in business and economics from Lehigh University in Bethlehem, PA and a Master of Science degree in finance from Leicester University in England. He has published academic articles in the areas of sports and health economics and economic education as well as contributing to labor economics and entrepreneurial finance textbooks.
Areas of Expertise (3)
Economics of Religion
Educational Innovation Award
Office of Faculty Development and Teaching Excellence, 2018
Outstanding Faculty Award
James M. Hull College of Business, 2018
Distinguished Service Award
The Graduate School, Augusta University, 2016
Outstanding Educator Award
Federation of Business Disciplines, 2016
Lehigh University: Ph.D., Business/Managerial Economics 2006
University of Leicester: M.S., Finance, General 1998
University of Leicester: B.A., Economics, General 1991
Media Appearances (3)
Manufacturing job loss has benefits for nation
The Augusta Chronicle
By Simon Medcalfe, Guest Columnist I often get asked about the future of manufacturing in the U.S. and locally. Sometimes this is phrased as “when are we going to produce stuff again?" I think most people know the manufacturing industry has suffered. But how much, and what are the causes?
Scuttlebiz: Area has lots of old banks, but new names
The Augusta Chronicle
Although Augusta University’s Leading Economic Index for the metro area shows the overall economy has been flat for 2016, the uptick in June was the best monthly increase since July 2015. The index’s creator, AU associate professor of finance Simon Medcalfe, attributed the month’s gain to a double-digit growth in residential housing permits, new job openings and a 23 percent decline in initial claims for unemployment insurance...
Augusta tourism officials switch to millennials as target audience
The Augusta Chronicle
Simon Medcalfe, an Augusta University finance professor and local economic analyst, said the city’s hospitality industry is a major economic engine and is growing at a faster pace than the national average...
Competitive balance in women’s collegiate cross country runningApplied Economics Letters
2019 Women started competing in National Collegiate Athletic Association (NCAA) cross country championships in 1981 and participation in Division 1 women’s cross country has increased by 174%. Using data covering 34 years of Division 1 championships we find some evidence that competitive balance in women’s races improved with increased participation although results are sensitive to how competitive balance is measured and how participation is counted.
A reconsideration of operating-financial leverage tradeoff hypothesisJournal of Financial Economic Policy
2018 This paper aims to attempt to perform a test of the operating leverage-financial leverage tradeoff hypothesis that is more methodologically consistent with the logical framing of the hypothesis appearing in the Mandelker and Rhee (1984) paper.
The Effect of Foreign Players on Pay and Performance in Major League SoccerFIT Publishing
2018 Over the last ten years, Major League Soccer (MLS) has attracted many overseas players. This study examines the role country of birth plays in salary determination, team performance on the pitch, and fan attendance in Major League Soccer for the 2007 through 2014 seasons. Players born in the U.S. earn less than equally productive foreign-born players. However, there is much heterogeneity amongst these foreign-born players. Players born in France, Gambia, Argentina, Brazil, Columbia, and Costa Rica earn salary premiums relative to their productivity.
Estimating the implied discount rate: An application to multi-year nfl trades of draft picksJournal of Economic and Social Measurement
2018 We estimate the implied discounted rate associated with trades of National Football League (NFL) draft picks that involve draft picks in different years. The NFL conducts an annual draft of draft-eligible college football players. NFL executives use draft charts to determine the value of each draft pick, and we use this draft chart to estimate the implied discount rate of trades combining current and future year draft picks.
Economic Well-Being in U.S. Metropolitan Statistical AreasJournal for Quality-of-Life Measurement
2018 Abstract In recent years there has been increased interest from economists and policy makers to measure a nation’s economic well-being. This paper extends this development to US Metropolitan Statistical Areas (MSAs). An economic well-being index is constructed using indicators of income, education, crime, health and pollution. The analysis allows comparison of a MSA with another and with itself over time.