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Mu Yang Shin

PhD Candidate, Department of Economics — University of Texas at Austin

I am a PhD candidate in the Department of Economics at the University of Texas at Austin. My research interests focus on Public Economics, Political Economy, Health Economics, and Labor Economics. I am on the 2025–2026 job market.

Working Papers

  • Industry Influence on Medicaid Policy: Evidence From State Preferred Drug Lists

    Job Market Paper

    Abstract to be updated.

  • Corporate Leaders' Campaign Contributions as Investments

    Invited to revise and resubmit — Journal of Law, Economics, and Organization

    This paper investigates whether corporate leaders’ political donation is partly motivated by investment considerations. I first develop a simple model of individuals’ political giving with testable predictions: when investment considerations are present, there exists a positive correlation between corporate leaders’ campaign contributions and their firm’s stake in the election, and its magnitude must be larger for corporate leaders with a greater financial stake in their firm’s performance. By constructing a dataset where corporate leaders are matched to campaign donors in the 2012 and 2016 US presidential elections, this paper presents findings consistent with the predictions: (i) there is a positive correlation between political giving and firm’s stake, (ii) the correlation is stronger among corporate leaders with compensation more closely tied to firm performance, and (iii) this pattern is mostly driven by donations to Republican candidates rather than Democrats.

Research in Progress

Long-run Effects of Fluoridation on Student Outcomes

Other Publications

Impact of COVID-19 on Insurers (with Divya Kirti). IMF Special Series on COVID-19, May 2020.

Financial Inclusion and Human Development (with Maria Soledad Martinez Peria). Oxford Research Encyclopedia on Economics and Finance, 1–30, 2020.

Teaching

  • Teaching Assistant, University of Texas at Austin
    • Microeconomics (Master's)
    • Microeconomic Theory
    • Causal Inference (Master's)
    • Introduction to Microeconomics