Mark J. Perry

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Mark Joseph Perry is an American economist and professor of economics and finance in the School of Management at University of Michigan–Flint.[1]



He has a MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota, and both a M.A. and Ph.D. in economics from George Mason University in Washington, D.C. Since 1997, he has been a member of the Board of Scholars for the Mackinac Center for Public Policy in Michigan.[2]


He is a visiting scholar at the American Enterprise Institute.[3] He maintains a blog, Carpe Diem[4] and is a frequent contributor at[5]


He has written about gender issues, including differences in wage rates between men and women, for publications such as the Washington Post and the Wall Street Journal.[6] He has been critical of how the difference in pay has been measured and the conclusions drawn. For example, he argues differences in hours worked, education and having children should be accounted for.[7][8]

He has written that increasing the minimum wage may lead to job loses, criticising a report by John Komlos who argued few jobs would be lost.[4][9][10][11] Economist Jacob Vigdor later stated that Perry's analysis was carried out using faulty data; in response, Perry said "The jury is still out on the $15 minimum wage, [...] and it will take years to assess its impact. I'm simply pointing to some possible evidence in employment trends that might suggest that there is early evidence of some effects." [12]

Civil rights complaint[edit]

In June 2016 Perry filed a complaint with the Michigan Department of Civil Rights seeking the closure of Michigan State University's Women's Lounge, alleging that having a private place for women to study on campus discriminated against men, and was a violation of civil rights.[6] He claimed the female only facility was a violation of both the Michigan Civil Rights Initiative and the equal opportunity in education act Title IX. In August 2016, the lounge was renovated and was opened to all.[13][14]

Selected publications[edit]

  • Kevin B. Grier, Mark J. Perry, "On inflation and inflation uncertainty in the G7 countries"., published in the Journal of International Money and Finance Volume 17, Issue 4, 1 August 1998, Pages 671–689[15]
  • Kevin B. Grier, Mark J. Perry, "The effects of real and nominal uncertainty on inflation and output growth: some GARCH-M evidence"., published in the Journal of Applied Econometrics Vol. 15, No. 1 (Jan. - Feb., 2000), pp. 45–58[16]
  • Seyed Mehdian, Mark J. Perry "The Reversal of the Monday Effect: New Evidence from US Equity Markets" Journal of Business Finance and Accounting Volume 28, Issue 7-8, September/October 2001 Pages 1043–1065 [17]


  1. ^ "Mark J. Perry's Articles". 
  2. ^ "Carpe Diem, About Me".
  3. ^ "Mark J. Perry » AEI Scholar". Retrieved 2016-08-17. 
  4. ^ a b "A bouillabaisse of economic errors, misunderstandings and false presumptions about the $15 minimum wage - AEI". 
  5. ^ "Mark J. Perry's Articles". Seeking Alpha. Retrieved 2016-08-17. 
  6. ^ a b "U of M-Flint professor targets MSU in civil rights complaint". 2016-07-22. Retrieved 2016-08-17. 
  7. ^ Biggs, Mark J. Perry And Andrew G. (7 April 2014). "The '77 Cents on the Dollar' Myth About Women's Pay" – via Wall Street Journal. 
  8. ^ "Asian American women are closing the gap with white men, but that's not the point". 
  9. ^ "New evidence suggests that Seattle's 'radical experiment' might be a model for the rest of the nation not to follow - AEI". 
  10. ^ "Teens Deserve a $15 Minimum Wage—Or Not". 16 August 2016 – via Wall Street Journal. 
  11. ^ Worstall, Tim. "A Bouillabaisse Of Economic Errors On The $15 Minimum Wage". 
  12. ^ "Why do conservatives keep saying Seattle's minimum wage hike has failed - without data?". LA Times. 2016-02-23. Retrieved 2016-08-17. 
  13. ^ "Michigan State Faces Civil Rights Complaint For Women-Only Lounge". 
  14. ^ Eric OwensEducation Editor (2016-07-13). "Civil Rights Complaint Over Michigan State Womens Lounge". The Daily Caller. Retrieved 2016-08-17. 
  15. ^ Grier, Kevin B.; Perry, Mark J. (1 August 1998). "On inflation and inflation uncertainty in the G7 countries". Journal of International Money and Finance. 17 (4): 671–689. doi:10.1016/S0261-5606(98)00023-0 – via ScienceDirect. 
  16. ^ "The Effects of Real and Nominal Uncertainty on Inflation and Output Growth: Some Garch-M Evidence on JSTOR". JSTOR 2678579. 
  17. ^ Mehdian, Seyed; Perry, Mark J. (1 September 2001). "The Reversal of the Monday Effect: New Evidence from US Equity Markets". 28 (7-8): 1043–1065. doi:10.1111/1468-5957.00404 – via Wiley Online Library. 

External links[edit]