Ejindu Ume

Associate Professor



Academic Background

  • Ph.D. University of Alabama, Economics, 2014
  • M.A. Duke University, Economics, 2007
  • B.A. Eastern New Mexico University, Computer Information Systems, 2004

Academic & Professional Experience

  • Associate Professor, Miami University (2021-Present)
  • Assistant Professor, Miami University (2014-2021)
  • Analyst, Credit Suisse, Valuation Risk Group (VRG) (2007-2009)
  • Statistical Analyst, Duke Fuqua School of Business - Center for International Business Education & Research (CIBER) (2007)

Recent Publications

  • Dao Bui, K., & Ume, E. (2019). Credit Constraints and Labor Supply: Evidence from Bank Branching Deregulation. Economic Inquiry, 58(1), 335-360.
  • Reed, R.R., & Ume, E. (2018). Housing, Stochastic Liquidity Preference, and Monetary Policy. Journal of Macroeconomics, 60, 138-162.
  • Ume, E., & Williams, M.J. (2018). The Differential Impact of Monetary Policy on Blacks and Whites since the Great Recession. Journal of Economics, Race, and Policy, pp 1-13,
  • Reed, R.R. & Ume, E. (2018). Mortgage Recourse Provisions and Housing Prices. Regional Science and Urban Economics, 73, 99-111.
  • Ume, E. (2018). The Impact of Monetary Policy on Housing Market Activity: An Assessment using Sign Restrictions. Economic Modelling, 68, 23-31.
  • Boulware, K.D., Reed, R.R., & Ume, E. (2016). Human Capital Investment under Quasi-Geometric Discounting. Economics Bulletin, 36 (4), 1986-1992.
  • Reed, R.R. & Ume, E. (2016). Housing and Unemployment: The Search for the American Dream. Journal of Macroeconomics, 48, 72-86.
  • Boulware, K.D., Reed, R.R., & Ume, E. (2013). Time Inconsistency and the Long-Run Effects of Inflation. Economics Letters, 120 (2), 267-270.


Dr. Ume focuses his research pursuits on housing, monetary policy, banking, and other aspects pertaining to the field of macroeconomics. His studies have explored a variety of factors, such as mortgage recourse provisions, bank competition, time inconsistency, labor search, monetary policy transmission channels, labor supply adjustments, fiscal policy, and income inequality. Most of his research centers on developing general equilibrium models to explore topics brought into focus by the recent financial crisis.


  • SPRING 2023
  • ECO 301 C TR 2:50-4:10, FSB 0019
  • ECO 301 D TR 4:25-5:45, FSB 0019
  • ECO 317 C TR 1:15-2:35, FSB 0026
Ejindu Ume

Contact Information

Office Hours

  • MW 1:00-3:00


* Accessible version of PDF available upon request.