Curriculum Vitae

(pdf version)

A short summary of my research is here.


Department of Economics
Stanford University
Stanford, CA 94305-6072

Phone (office): 650-725-3995

E-mail: jkastl@stanford.edu


            Age: 36           
            Citizenship: Czech Republic, U.S. permanent resident

Primary:            Industrial Organization
            Secondary:        Applied Econometrics, Game Theory, Economics of Information

            Ph.D. in Economics, Northwestern University, 2006
                        Dissertation: Essays in Auctions and Vertical Contracting
                        Primary Advisor: Prof. Michael Whinston
            M.A. in Economics, Northwestern University, 2003
            B.A. in International Business, University of Economics, Prague, Czech Rep., 2001
            B.A. in Economics, Charles University, Prague, Czech Republic, 2000

            Assistant Professor, Department of Economics, Stanford University, 2007-

            Faculty Research Fellow, NBER, 2009-
            Faculty Fellow, Stanford Institute for Economic Policy Research, 2008-

            Northwestern University, Department of Economics, May-July 2012
            Becker-Friedman Institute, University of Chicago, May 2012
            Harvard University, Department of Economics, February-April 2012
            CERGE-EI, June 2011-December 2011
            Cowles Foundation, Yale University, September 2010
            Minneapolis Fed, October 2008

            Alfred P. Sloan Foundation Research Fellowship, 2014-2016
            Cowles Foundation Postdoctoral Fellowship, Yale University, 2006-07
            Review of Economic Studies European Tour 2006
            Center for the Study of Industrial Organization Dissertation Fellowship, 2005-06
            Distinguished Teaching Assistant Award, 2004-05
            Northwestern University Conference Travel Grant, 2004, 2005
            Northwestern University Fellowship, 2001-02


National Science Foundation CAREER Grant: Empirical Analysis of Financial Markets Using Auction Data, 2014-2019, (Award amount: $450,000)

National Science Foundation Grant: SES-1123314, Empirical Analysis of Auction Markets: Liquidity, Electricity and Information Structure 2011-2014 (Award amount: $218,141)

National Science Foundation Grant: SES-0752860, Divisible Good Auctions with Constrained Bidding: Theory, Empirics and Test for Common Values, 2008-2011 (Award amount: $217,199)

1. “Discrete Bids and Empirical Inference in Divisible Good Auctions,” Review of Economic Studies , 78 (3), pp. 974-1014, 2011

2. “Wily Welfare Capitalists: Werner von Siemens and the Pension Fund,” (with Lyndon Moore), Cliometrica, 4(3), pp. 321-348, 2010

3. “When Should Manufacturers Want Fair Trade?: New Insights from Asymmetric Information,” (with David Martimort and Salvatore Piccolo),” Journal of Economics and Management Strategy, 20(3), 2011   

4. “Valuing Dealers' Informational Advantage: A Study of Canadian Treasury Auctions,” (with Ali Hortacsu), Econometrica , 80(6), pp.2511-2542, 2012

5. “On the Properties of Equilibria in Private Value Divisible Good Auctions with Constrained Bidding,”  Journal of Mathematical Economics, 48(6), pp.339-352, 2012

“Delegation, Ownership Concentration and R&D Spending: Evidence from Italy,” (with David Martimort and Salvatore Piccolo), Journal of Industrial Economics, 61(1), pp. 84-107, 2013u

7. “The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds," with Nuno Cassola and Ali Hortacsu, Econometrica, 81(4), pp. 1309-1345, 2013


“Crisis Management: Analyzing Default Risk and Liquidity Demand during Financial Stress," with Jason Allen and Ali Hortacsu

Liquidity Auctions, Fixed Rate Tenders and Bailouts in the EURO Zone,” with Nuno Cassola and Ali Hortacsu

Empirical Analysis of Systemic Risk in the EURO Zone,” with Pietro Bonaldi and Ali Hortacsu

“Impact of Emission Permits on Electricity Generation," with Federico Boffa

Horizontal Mergers without Price Effects: A Study of South-African Gold Mines,” with Lyndon Moore

Econometric Society, American Economic Association  

Associate Editor, International Journal of Industrial Organization

Referee for
American Economic Review, RAND Journal of Economics, Journal of Industrial Economics, Review of Economic Studies, Econometrica, Journal of Political Economy, Economic Journal, International Journal of Industrial Organization, Journal of Business & Economic Statistics, Review of Finance, NSF, Decision Analysis, Review of Economics and Statistics, AEJ: Microeconomics, Journal of Econometrics, AEJ: Applied, Journal of Economic Theory, Economic Theory, Review of Financial Studies, International Economic Review, Journal of Law, Economics and Organization, Journal of Economic Dynamics and Control, Scandinavian Journal of Economics, SSH Research Council of Canada

Program committee member for the Society of Economic Dynamics meetings in Montreal, Canada, 2010.

2005/06: Arizona State University, Columbia University (Econ and GSB), Northwestern University, Princeton University, Stanford University, Tel Aviv University, University College London, University of California - Berkeley (Econ and Haas), University of California - San Diego, University of Essex, University of Oslo, University of Pennsylvania (Econ), Yale University (SOM)

2006/07: MIT, University of Maryland, University of Minnesota, University of Pennsylvania (Wharton), University of Wisconsin at Madison, Yale University (Econ)

2007/08: Harvard University, Minneapolis Fed, CERGE, UC Davis

2008/09: Bank of Canada, NYU Stern, UCLA, University of Chicago, University of Montreal, UC Santa Cruz

2009/10: European Central Bank, Carnegie Mellon, ITAM

2010/11: Duke, Yale, Czech Central Bank, University of Chicago-Booth (Finance), Columbia, UC Irvine

2011/12: Mannheim, CERGE-EI, New York Fed, Paris School of Economics, EIEF, Collegio Carlo Alberto, Naples, Yale, Harvard, Northwestern, University of Chicago

2012/13: Maryland, Stanford, LSE, UCL, Princeton

2013/14 (including scheduled): Ohio State, UCLA, EUI (Florence), UC Berkeley, UC Berkeley - Haas (Marketing), NYU

ES Summer Meetings, Evanston, 2003
International Industrial Organization Conference, Chicago, 2004
EEA-ESEM Summer Meetings, Madrid, 2004
Summer School on Game Theory, Bolzano, 2005
Econometrics of Auctions, Toulouse, 2006
MTS Conference on Financial Markets, Istanbul, 2006
SED, Prague, 2007
UMinn Applied Micro,
Minneapolis, 2007
AEA, New Orleans, 2008
Penn State Conference on Auctions, State College, 2008
SED, Boston, 2008
Utah WBEC, Salt Lake City, 2009
Cowles Conference, Yale University, 2009
MTS Conference on Financial Markets, London, 2009
SED, Montreal, 2010
MTS Conference on Financial Markets, London, 2010
Utah WBEC, Salt Lake City, 2012
Security Market Auctions and IPOs, Kellogg, Evanston, 2012
Cowles Conference, Yale, 2013
Barcelona GSE Summer Forum, 2013
Winter Marketing-Economics Summit, Wengen, 2014
EEA-ESEM, Toulouse, 2014


Junior Recruiting, 2007-2009, 2012-
Graduate Admissions, 2009-2012