Professor Martin B. Schmidt is a Professor of Economics at The College of William and Mary, affiliated with the Department of Economics in the College of Arts & Sciences. He joined the faculty in 2004 after teaching at Portland State University and holding visiting positions at Oregon State University and Southern Oregon State College. His research focuses on macroeconomics, monetary economics, applied econometrics, and sports economics, with a particular emphasis on structural models of monetary policy and empirical analysis of professional sports markets. Professor Schmidt holds a Ph.D., M.A., and B.A. from Colorado State University. His work integrates economic theory with practical applications, such as analyzing institutional changes in sports leagues, the impact of globalization on labor markets, and the dynamics of competitive balance in professional sports. His research has been published in leading journals, with recent topics including the role of foreign athletes in firm performance, incentive structures in sports tournaments, and athlete anthropometric trends. His articles span over three decades, reflecting a sustained focus on sports economics, macroeconomic policy, and institutional analysis. Notable works include studies on the NFL Draft, MLB player movement, and the economic implications of coalition military operations. Beyond academia, he maintains a passion for sports and music. Professor Schmidt’s contributions to the field include developing frameworks for evaluating player performance, analyzing market efficiency in sports, and exploring the intersection of institutional reforms with economic outcomes. His work bridges theoretical economics with real-world applications, particularly in understanding how structural changes affect labor markets and competitive dynamics.


