Curriculum Vitae
Websites
Biography
Dr. Cullen F. Goenner is Professor and Clow Fellow in the Department of Economics & Finance at the Nistler College of Business and Public Administration at the University of North Dakota. Professor Goenner received his PhD in Economics and his Masters of Science in Business (Quantitative Math of Finance) from the University of Wisconsin –Madison. He earned a BA and MA in Economics and BA in Political Science from the University of Southern California.
During his time at UND, he has worked as a consultant for the North Dakota Departments of Transportation and Commerce, the University of North Dakota, and the Grand Forks Department of Health, in addition to a number of private clients.
Professor Goenner is a macroeconomist and applied econometrician whose current research interests are primarily in the area of credit markets and banking. His past work also examines the relations between trade and interstate conflict. This research has appeared in highly selective academic journals, which include Business & Society, Financial Review, Journal of Banking and Finance, Journal of Business Finance and Accounting, Journal of Real Estate Finance and Economics, Journal of Macroeconomics, Journal of Peace Research, and the Review of Quantitative Finance and Accounting.
Principles of Microeconomics
Money and Banking
Principles of Banking II
Intermediate Macroeconomics
Financial Derivatives
Financial Economics
Applied Econometrics (Graduate)
Health Economics (Graduate)
Applied Economics Research Seminar (Graduate)
"The Impact of Payday Alternative Loans on Credit Union Performance and Loan Quality," Journal of Consumer Affairs, 58(2): 558–586, 2024.
"The Robust Lessons Learned from Bank Failures During the Great Financial Crisis," Review of Quantitative Finance and Accounting, 62(2), 449-498, 2024.
"Audit Engagement Partner Ideology, Homophily, and Audit Quality," with Xiaoli Guo & Matthew Notbohm. Journal of Business Finance and Accounting, 51(5-6): 1161-1192, 2024.
“Majority-minority Boards of Directors and Decision Making: The Effects of Homophily on Lending Decisions,” Business & Society, 62(1): 54-86, 2023.
"Political Ideology and CEO Performance under Crisis", with Katherine Campbell, Matthew Notbohm, & Adam Smedema, Review of Quantitative Finance and Accounting, 58(1):329-359, 2022.
“The Capital Structure of Domestic and Foreign Denominated Debt: Firm-level Evidence from South Korea,” with Kwan Yong Lee, International Review of Financial Analysis, 83: Article 102268, 2022.
"Uncertain Times and Early Predictions of Bank Failure", The Financial Review, 55(4): 583-601, 2020.
"The Market for Private Student Loans: An Analysis of Credit Union Involvement, Risk, and Returns", Review of Quantitative Finance and Accounting, 50(4): 1227-1251, 2018.
“The Policy Impact of New Rules for Loan Participation on Credit Union Returns", Journal of Banking and Finance, 73(December):198-210, 2016.
“Mission Accomplished: A Reply to Reuveny and Keshk”, Conflict Management and Peace Science, 30(1):19-23, 2013.
"Survival of the Fittest: What do Early Behaviors Tell Us About Student Outcomes?,” with Melissa Harris & Kenton Pauls", Journal of College Student Development, 54(1):43-61, 2013.
“Simultaneity Between Trade and Conflict: Endogenous Instruments of Mass Destruction,” Conflict Management and Peace Science, 28(5):459-477, 2011.
"From Toys to Warships: Interdependence and the Effects of Disaggregated Trade on Militarized Disputes." Journal of Peace Research, 47(5): 547-559, 2010.
"Discrimination and Mortgage Lending in Boston: The Effects of Model Uncertainty", Journal of Real Estate Finance and Economics, 40(3): 260-285, 2010.
“Investing in Fortune’s 100 Best Companies to Work for in America,” Journal of Economics, 34(1): 1-20, 2008.
“A Life-Cycle Approach to the Intertemporal Elasticity of Substitution" with Daniel K. Biederman, Journal of Macroeconomics, 30(1):481-498, 2008.
“Economic War and Democratic Peace,” Conflict Management and Peace Science, 24(3): 171-182, 2007.
“A Predictive Model of Inquiry to Enrollment,” with Kenton Pauls, Research in Higher Education, 47(8): 935-956, 2006.
“Accounting for Model Uncertainty in the Prediction of University Graduation Rates,” with Sean M. Snaith, Research in Higher Education, 45(1): 25-41, 2004.
“Predicting Graduation Rates: An Analysis of Student and Institutional Factors at Doctoral Universities,” with Sean M. Snaith. Journal of College Student Retention, 5(4): 409-420, 2004.
“Uncertainty of the Liberal Peace,” Journal of Peace Research, 41(5): 589-605, 2004.
“Assessing the Impact of Increased Admission Standards,” with Sean M. Snaith. College and University, 80(1): 29-34, 2004.
University of Wisconsin - Madison, WI
PhD, Economics, 2001.
Major: Macroeconomics Minor: Econometrics, Finance
Thesis: “Empirical Approaches to the Study of Interstate Conflict”
Committee: Steven N. Durlauf (Chair), Yuichi Kitamura, M. Scott Taylor.
MS, Business: Quantitative Math of Finance, 1999.
MS, Economics, 1997.
University of Southern California - Los Angeles, CA
BA/MA, Economics, 1996.
BA, Political Science, 1996.
North Dakota Department of Transportation, Principal Investigator, “Customer Satisfaction Survey,” 2014, ($49,500)
UND Collaborative Research Seed Grant, Co-principal Investigator with Chih Ming Tan, Cristina Oancea, and Karen Goldsteen,” 2014 ($75,000)
City of Grand Forks, Principal Investigator, “Economic Impact of Tobacco Legislation,” 2012, ($6,400)
North Dakota Department of Transportation, Principal Investigator, “Customer Satisfaction Survey,” 2012, ($46,500)
City of Grand Forks, Co-principal Investigator with Cordell Fontaine, “Grand Forks City 2011 Secondhand Smoking Impact Study,” 2011, ($29,500)
North Dakota Department of Commerce, Principal Investigator, “Economic Impact of Innovate North Dakota,” 2010, ($4,750)
North Dakota Department of Transportation, Principal Investigator, “Customer Satisfaction Survey,” 2010, ($41,500)
North Dakota Department of Commerce, Principal Investigator, “Industry Productivity and Economic Impact: North Dakota and Beyond,” 2009, ($3500)
North Dakota Department of Commerce, Principal Investigator, “Economic Impact of Experience North Dakota,” 2008, ($4,000)
North Dakota Department of Transportation, Principal Investigator, “Customer Satisfaction Survey,” 2008, ($30,500)
North Dakota Department of Transportation, Principal Investigator, “Customer Satisfaction Survey,” 2006, ($28,600)
North Dakota Small Business Development Center, Principal Investigator, “Target Marketing and the Use of Internet Shopping Agents,” 2005, ($5,000)