Manu Raghav

Manu Raghav

Visiting Scholar and Adjunct Faculty
Department of Economics, Indiana University Bloomington

About

I am an applied microeconomist with research interests in the economics of education, higher education finance, campus policy, labor markets, and law and economics. My empirical work draws on modern econometric methods — including difference-in-differences, panel data, and fixed-effects designs — to answer policy-relevant questions about how institutions shape student outcomes.

I received my Ph.D. in Economics from Indiana University Bloomington in 2007. I have previously taught at DePauw University and Washington and Lee University. I am a Research Fellow at the Institute of Labor Economics (IZA) and a Fellow of the Global Labor Organization (GLO).

Economics of Education Higher Education Finance Policy Econometrics Labor Economics Law and Economics Applied Microeconomics

Publications

  1. Raghav, M. & Diette, T.M. (2022). Greek Myth or Fact? The Role of Greek Houses in Alcohol and Drug Violations on American Campuses. Applied Economics, 54(55), 6406–6417.
  2. Toutkoushian, R. & Raghav, M. (2021). Estimated Profit: A Look at the Excess Revenues of Private Four-Year Nonprofit Postsecondary Institutions. Education Finance and Policy, 16(1), 125–145.
  3. Diette, T.M. & Raghav, M. (2018). Do GPAs Differ Between Longer Classes and More Frequent Classes at Liberal Arts Colleges? Research in Higher Education, 59(4), 519–527.
  4. Barreto, H. & Raghav, M. (2017). An Introduction to Understanding and Teaching Within-Cluster Correlation in Complex Surveys. Eastern Economic Journal, 43(4), 727–728.
  5. Diette, T.M. & Raghav, M. (2017). Does the Early Bird Get the Worm or a Lower GPA? Evidence from a Liberal Arts College. Applied Economics, 49(33), 3341–3350.
  6. Diette, T.M. & Raghav, M. (2016). A Student's Dilemma: Is There a Trade-Off Between a Higher Salary or Higher GPA? Education Economics, 24(6), 612–621.
  7. Diette, T.M. & Raghav, M. (2015). Class Size Matters: Heterogeneous Effects of Larger Classes on College Student Learning. Eastern Economic Journal, 41(2), 273–283.
  8. Barreto, H. & Raghav, M. (2013). Understanding and Teaching Unequal Probability of Selection. Journal of Econometric Methods, 2(1), 101–112.
  9. Rasmusen, E., Raghav, M. & Ramseyer, M. (2009). Convictions versus Conviction Rates: The Prosecutor's Choice. American Law and Economics Review, 11(1), 47–78.

Selected Working Papers

Teaching

Current Teaching (Spring 2026), Indiana University Bloomington

E-251: Fundamentals of Economics I (Introduction to Microeconomics)

E-252: Fundamentals of Economics II (Introduction to Macroeconomics)

B-251: Fundamentals of Economics for Business I

Courses Taught

Econometrics, Economics of Education, Economics of Higher Education, Health Economics, Introduction to Economics, Intermediate Microeconomics, Introduction to Microeconomics, Introduction to Macroeconomics, Law and Economics, Labor Economics, Statistical Methods for Business and Economics, Senior Seminar

Other Teaching Interests

Computational Economics, Game Theory, Growth Economics, Industrial Organization, Machine Learning Methods for Economics, Public Economics

Profiles & Links