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Devesh Raval

Deputy Director

Bureau, Office or Division
Office of the Director
Email Address

Selected Publications

  • "Testing the Production Approach to Markup Estimation," Review of Economic Studies, 2023.
  • "Using Disaster Induced Closures to Evaluate Discrete Choice Models of Hospital Demand," with Ted Rosenbaum and Nathan Wilson, RAND Journal of Economics, 2022.
  • "Micro Data and Macro Technology," with Ezra Oberfield, Econometrica, 2021. 
  • "Why is Distance Important for Hospital Choice? Separating Home Bias from Transport Costs," with Ted Rosenbaum, Journal of Industrial Economics, 2021.
  • "How Do Machine Learning Algorithms Perform in Changing Environments? Evidence from Disaster Induced Hospital Closures," with Ted Rosenbaum and Nathan Wilson, Journal of Health Economics, 2021.
  • "Whose Voice Do We Hear in the Marketplace?: Evidence from Consumer Complaining Behavior," Marketing Science, 2020. 
  • "Which Communities Complain to Policymakers? Evidence from Consumer Sentinel," Economic Inquiry, 2020.
  • "The Micro Elasticity of Substitution and Non Neutral Technology," RAND Journal of Economics, 2019. 
  • "Do Previous Choices Matter for Hospital Demand? Decomposing Switching Costs from Unobserved Preferences," with Ted Rosenbaum, Review of Economics and Statistics, 2018.
  • "What's Wrong with Capital in the 21st Century's Model?," After Piketty: The Inequality Agenda post-Capital in the 21st Century (Harvard University Press), 2017.
  • "A Semiparametric Discrete Choice Model: An Application to Hospital Mergers," with Ted Rosenbaum and Steven Tenn, Economic Inquiry, 2017.

Selected Presentations

  • Multi-Output Production and Economies of Scope. ECARES, Universite Libre Bruxelles. Brussels, Belgium (2023)
  • Hassle Costs and Consumers' Voice: Evidence from a Website Redesign. DG-Justice, European Commission. Brussels, Belgium (2023)
  • Fraud Across Borders. International Industrial Organization Conference. Washington, DC (2023)
  • Steering in One Click: Platform Self-Preferencing in the Amazon Buy Box. Harvard Law School. Cambridge, MA (2022)
  • Do Gatekeepers Develop Worse Products? Evidence from Online Review Platforms. Harvard Law School. Cambridge, MA (2022)


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

Fields of Interest

  • Industrial Organization
  • Productivity
  • Applied Econometrics

Professional Experience

Deputy Director
Federal Trade Commission

Victor H. Kramer Foundation Fellow
Harvard Law School

Federal Trade Commission

Senior Economist


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