Devesh R. Raval

Consumer Protection
(202) 326-2260
Email Address:

Selected Publications

  • "Economics at the FTC: Fraud, Mergers and Exclusion," with David J. Balan, Patrick DeGraba, Francine Lafontaine, and Patrick McAlvanah, Review of Industrial Organization, 2016.
  • "What's Wrong with Capital in the 21st Century's Model?," In After Piketty: The Inequality Agenda post-Capital in the 21st Century (Harvard University Press, forthcoming), 2016.
  • "Predictions Without Models? Using Natural Experiments to Test the Performance of Machine Learning Algorithms," with Ted Rosenbaum and Nate Wilson, Working Paper, 2016.
  • "What Determines Consumer Complaint Behavior?," Working Paper, 2016.
  • "How Strong is Gravity? Using Hospital Choice to Separate Home Bias from Distance Costs,"  with Ted Rosenbaum, Working Paper, 2016.
  • "How Does Steering Affect Patient Choice? Evidence from Florida Medicaid," with Ted Rosenbaum, Working Paper, 2016.
  • "Industrial Reorganization: Learning about Patient Substitution Patterns from Natural Experiments," with Ted Rosenbaum and Nate Wilson, Working Paper, 2016.
  • "A Semiparametric Discrete Choice Model: An Application to Hospital Mergers," with Ted Rosenbaum and Steve Tenn, Revise and Resubmit, Economic Inquiry, 2015.
  • "How Important are Distance and Switching Costs in Retail Choice: Evidence from Childbirth," with Ted Rosenbaum, Working Paper, 2015.
  • "Micro Data and Macro Technology," with Ezra Oberfield, Revise and Resubmit, Econometrica, 2014.
  • "The Micro Elasticity of Substitution and Non Neutral Technology ," Revise and Resubmit, RAND Journal of Economics, 2014.


University of Chicago
PhD Economics
University of Chicago
MA Economics
University of Virginia
BA Economics and Mathematics

Fields of Interest

  • Industrial Organization
  • Macroeconomics
  • Applied Econometrics

Professional Experience

Federal Trade Commission

Senior Economist