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About Paul
Paul Chen is an Honorary Associate Professor in the Research School of Economics at the Australian National University. He earned his PhD from Stanford University, which provided him with a robust foundation in advanced economic research methodologies. Over his tenure at ANU, Chen has engaged deeply with pivotal economic topics, including wage indexation, price controls, gender wage differentials, efficiency wages, and methods of pay. His ongoing research centers on the convergence of labour economics and behavioural economics, particularly examining fairness and reciprocity dynamics within workplace settings. These investigations contribute to understanding how psychological factors influence economic behaviors and outcomes in labor markets.
Chen's publication record features several influential works. Notable among them is 'Efficiency Wages and Industry Wage Differentials: A Comparison Across Methods of Pay,' co-authored with Per-Anders Edin and published in the Review of Economics and Statistics (84:4, November 2002, pp. 617-631), which empirically tests efficiency wage models against industry wage variations under different payment structures. Another significant contribution is 'Setting Price Controls While Facing Variable or Uncertain Market Conditions,' appearing in the International Economic Review (40:3, August 1999, pp. 617-634), analyzing optimal price regulation strategies amid market volatility. He also produced the working paper 'Openness, Technological Change and Labor Demand in Pre-Crisis Indonesia' (ANU Working Paper Series in Economics and Econometrics, August 1999), exploring trade openness and technological shifts' effects on Indonesian labor demand. More recently, Chen collaborated on 'Conflict of Interest, Disclosure and Vertical Relationships: An Experimental Analysis' with Martin Richardson, published in 2019, employing experimental methods to study disclosure in conflicted vertical relationships. Additionally, his work 'Conflicted Financial Advice: Disclosure Revisited' was published in 2017. Chen has earned several teaching awards, recognizing his commitment to excellence in economics education at ANU.
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