Candidate Spotlight is a showcase of research by PhD students coming onto the job market from the Department of Economics, University of Toronto. Today’s post introduces Jie Fang whose job market paper entitled When are Patents Traded and Why: A Dynamic Structural Model of Drug Development and Patent Trading examines the role of patent trade and its impact on innovation outcomes and incentives in the pharmaceutical industry. Assistant Professor Murat Çelik, a member of Fang’s supervision committee, describes the paper and its contribution to the discipline.
