Prof. Eduardo Minuci

Economist

I study how institutional rules and market structure shape incentives, bargaining power, and firm strategy in professional sports and banking. Assistant Professor of Economics at North Carolina A&T State University.

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Eduardo G. Minuci

About Me

Brazilian-born, U.S.-trained, fascinated by how institutions, risk, and incentives affect market outcomes

In professional sports, I study labor markets, contracts, and the local economic impact of facilities. A current project with Brad Humphreys and Candon Johnson finds that banks in metropolitan areas that open a new stadium or arena take in about 13 percent more deposits. Published work covers contract and wage determinants in the WNBA, career continuity under collective bargaining, pay and discrimination in the NBA, and the returns to tanking. Ongoing projects estimate what WNBA rookies would earn without the rookie scale, and how betting markets price roster news.

In banking, I study how regulation and market structure shape lending, performance, and risk-taking, using FDIC and other banking data. Published work covers what makes community banks unique and how cost efficiency relates to the Dodd-Frank Act, and current work asks what sovereign wealth investment does to bank risk.

A third line of research examines how people learn quantitative material, including work with communication colleagues on instructor listening, math anxiety, and burnout in quantitative courses.

I use AI-augmented workflows in my research. In the projects where I use them, automated checks examine merges, weights, filters, panel keys, and derived variables before estimation. A co-author and I also use a shared database that catalogs our sports datasets and records where each one came from and what it covers.

I earned my PhD in Economics from West Virginia University in 2021 and my B.A. summa cum laude from Winthrop University. I also work one-on-one with students and early-career professionals; past mentees have moved on to Harvard Law School, the Federal Reserve Bank of Boston, and national fellowships. As an educator, I emphasize AI integration and active learning experiences in the classroom.

At a Glance

  • Position: Assistant Professor of Economics, NC A&T State University
  • Ph.D. Economics, West Virginia University (2021)
  • M.A. Economics, West Virginia University (2019)
  • B.A. Economics (Summa Cum Laude), Winthrop University (2016)
  • Fields: Industrial organization, labor economics, financial economics
  • Research domains: Professional sports, commercial banking, economics education
  • Citizenship: United States & Brazil

Awards

  • 2025: Top Paper Award, International Communication Association Convention
  • 2024–25: Junior Faculty Excellence in Teaching Award, Deese College of Business and Economics
  • 2023–24: Academic Advising Excellence Award, NC A&T (university-wide winner as the Deese College nominee)
  • 2020: Best Doctoral Economics Student, WVU

Research

Industrial organization · Labor economics · Financial economics

Published Papers

Sports labor markets

Determinants of Contracts and Wages in the Women's National Basketball Association

Minuci, E. G., & Rodriguez, Z. (2026). Journal of Sports Economics. Advance online publication. https://doi.org/10.1177/15270025261474143

The Role of Off-Season Play, COVID-19, and the 2020 CBA in WNBA Career Continuity

Minuci, E. G., & Rubenstein, K. (2026). Eastern Economic Journal, 52, 539–561. https://doi.org/10.1057/s41302-026-00329-9

Should more teams "trust the process" of tanking?

Minuci, E. G., Cardazzi, A., & Johnson, C. (2026). Contemporary Economic Policy, 44(2), 408–425. https://doi.org/10.1111/coep.12705

The impact of the 2017 Collective Bargaining Agreement on wage discrimination in the NBA

Minuci, E. G., & Johnson, C. (2025). Applied Economics, 57(5), 543–546. https://doi.org/10.1080/00036846.2024.2305608

Wage discrimination in the NBA: Evidence using free agent signings

Johnson, C., & Minuci, E. (2020). Southern Economic Journal, 87(2), 517–539. https://doi.org/10.1002/soej.12461

Finance & banking

Are U.S. states' banks unique?

Minuci, E., & Schuh, S. (2026). Contemporary Economic Policy, 44(2), 426–461. https://doi.org/10.1111/coep.70014

The relationship between the Dodd–Frank Act and the cost efficiency of US banks

Minuci, E. G. (2025). Economic Notes, 54, e70008. https://doi.org/10.1111/ecno.70008

Does uniqueness matter for community banks?

Minuci, E. G., & Rodriguez, Z. (2024). Journal of Economics and Finance, 48, 947–977. https://doi.org/10.1007/s12197-024-09684-9

Shill bidding and trust

McCannon, B. C., & Minuci, E. (2020). Journal of Behavioral and Experimental Finance, 26, 100279. https://doi.org/10.1016/j.jbef.2020.100279

Education, communication & methods

Instructor active empathetic listening and its impact on students' math anxiety

Minuci, E. G., Kelly, S., Burkey, M. L., & Ducking, J. (2025). Communication Reports, 38(3), 153–167. https://doi.org/10.1080/08934215.2025.2451895

Understanding student burnout in quantitative reasoning courses

Kelly, S., Minuci, E. G., Ducking, J., & Romero, A. (2025). Communication Quarterly, 73(1), 115–132. https://doi.org/10.1080/01463373.2024.2438835

A data envelopment analysis of West Virginia school districts

Minuci, E., Ferreira Neto, A. B., & Hall, J. (2019). Heliyon, 5(7), e01990. https://doi.org/10.1016/j.heliyon.2019.e01990

Work In-Progress or Under Review

Are NBA Players on Rookie Contracts Underpaid or Overpaid?

with J. Ducking and C. Johnson · Under Review

The Impact of Professional Sports Facilities on the Local Banking Industry

with B. Humphreys and C. Johnson

Not Just a Smaller NBA: Institutional Differences and Research Design Considerations for Comparing the NBA and WNBA's Labor Markets

with K. Rubenstein

Did the 2022 World Cup Revitalize Tourism in Qatar?

with D. A. Nguyen and A. Scarcioffolo

Knights or Enablers? How Sovereign Wealth Investments Shape Bank Risk

with R. Chen and S. Schuh

Roster News and Market Reactions: Betting Efficiency Around Transactions in the NBA and WNBA

with K. Rubenstein

Talent at a Discount: Estimating the Market Value of WNBA Rookies

with K. Rubenstein and K. Gershon

Peer Review & Professional Activity

Journal Referee

International Journal of Sport Finance · Journal of Sports Economics · Basketball Studies · Applied Economics · Contemporary Economic Policy · Industrial Relations · Journal of Economics, Race, and Policy · American Business Review · Journal of Economics and Finance Education

Professional Memberships

North American Association of Sports Economists (NAASE) · American Society of Hispanic Economists (ASHE)

Selected Conference Presentations

Sports Economics Conference at UMBC (2026, 2025) · Southern Economic Association (2024, 2023, 2022) · Academy of Economics and Finance (2023)

Invited Talks

Appalachian State University, Department of Economics Seminar Series (2025) · Union College Seminar (2024) · University of Kansas, Undergraduate Sports Economics (2022)


Teaching

Backward course design, active learning, and assessment built around student judgment

Research-Driven Learning

Students critique published studies, develop testable hypotheses, and work with real-world datasets, building analytical skills that transfer beyond the classroom.

Empirical Methods

From econometrics to data visualization, courses emphasize hands-on application of quantitative tools to economic questions.

Institutions and Incentives

Sports leagues and banks both operate under explicit rules, which makes them good settings for students to see how institutional design shapes behavior and outcomes.

Active Learning with AI

Students work through individual cases with real data, use AI as part of the work, verify what it returns, and defend their conclusions out loud. I use a growth-mindset approach that treats difficulty as part of learning.

Across the curriculum

I teach sports economics, managerial economics, and money and banking, along with principles of macroeconomics and microeconomics, and I deliberately run material between the upper-level courses. In sports economics, students work through financial statements, the valuation of assets and liabilities, and what an organization in the sports industry is actually worth under competing methods. Money and banking runs the same material in the other direction, using firms from that industry as worked examples when we reach financial instruments and capital structure.

Courses taught at NC A&T (Fall 2021–Present)

ECON 201: Principles of Macroeconomics In-person · 11 sections · 29–181 students
ECON 200: Principles of Microeconomics In-person & Online · 6 sections · 28–173 students
ECON 315: Money and Banking Online · 3 sections · ~30 students
ECON 330: Sports Economics In-person & Online · 2 sections · ~15 students
ECON 408: Managerial Economics Online · 1 section · ~20 students

Previous: West Virginia University

BADM 618: Macro and Managerial Economics (Graduate) Online
ECON 302: Intermediate Macroeconomic Theory In-person & Online
ECON 331: Money and Banking Online
ECON 202: Principles of Macroeconomics Online
ECON 200: Survey of Economics Online

Certifications & Credentials

NBA CBA Mastery 2.0 with Bobby Marks (Sports Business Classroom on Demand) 2025
ACUE Teaching with A.I. Certificate 2024
AEA EDUCATE Workshop 2023
ACUE Certificate of Effective College Instruction 2020

AI-Augmented Workflow

How AI actually shows up in my own teaching and research

In the Classroom

Individualized projects, one per student

Each student works on a different real case and defends their work live on video.

Course material informed by practitioners

I speak with practitioners in the industries my courses cover and use those conversations to shape the examples and assignments students work through.

Course design built backward from outcomes

Before I build a slide, a structured AI interview forces me to state the course’s learning objectives first. Every weekly example is either cited to a real source or labeled illustrative, never in between.

Assessment that ends in a defended judgment

My assignments run students through concepts, math, original research, data analysis, and graphical work, and then turn on a decision. Do you cut one job or lower everyone’s wage? Do you match a rival’s price cut or hold and lose share? The analysis can be argued either way, so what gets graded is the decision a student reaches and how well they defend it.

Course materials built to pass accessibility checks

Course slides are built to pass the LMS accessibility check, and the conversion is scripted rather than fixed deck by deck.

In My Research

Data checks before estimation

In the projects where I use them, automated checks examine merges, weights, filters, panel keys, and derived variables before estimation.

A searchable literature library

I use a cloud model to read and catalogue papers, then store and search the resulting library locally. The index and the search run on my own machine, with no outside service involved.

Separate review passes for sources and empirical output

For citation checking, a separate pass receives only citation strings, independently locates the sources, and reports what they say without access to my document or the values I recorded. I also use defined review passes to examine empirical output for problems and identify opportunities for further analysis.

I build the workflows I use

I designed and connected these workflows for use in my own research projects, including data checks, literature retrieval, citation checking, and review of empirical output.


Mentoring & Advising

One-on-one guidance for students and early-career professionals

Mentees’ achievements, program participation, and professional experience Harry S. Truman Scholarship (first in NC A&T history) RFK John Lewis Young Leaders Fellowship (1 of 16 nationally) Harvard Law School Federal Reserve Bank of Boston Job Shadow Program Participant BLK Capital Management Urban-Brookings Tax Policy Center AEA Summer Program at Howard University (2024 and 2025)

Values-Based Career Alignment

Career planning works best when it starts with what you actually value, not with what others say you should value. We explore your highest values and use them as the foundation for academic and career decisions. The work centers on you: what fits your priorities, what builds the life you want, what sustains your motivation past the first hard week.

Career Strategy

Considering economics PhD programs, public policy, banking, finance, law school, or industry research roles? We map where you want to go, what you’d need to get there, and how each path fits the priorities you’ve identified.

Econometrics & Empirical Methods

Causal inference, applied econometrics, and empirical work with real datasets across sports, labor, finance, policy, and education. Sessions are hands-on. You build the skills by working through actual problems, not by watching someone else solve them.

Research Guidance

Working on an undergrad thesis, independent project, or first conference paper? Together we find the gap in the literature, conduct a critical literature review, evaluate feasibility, scope the question, choose the right methods, and shape the writing.

Graduate & Professional School Prep

Applying to PhD or master’s programs in economics, public policy, or law school? You’ll move through school selection, drafting personal statements, choosing writing samples, and working through the application process, with feedback at each step.

Fellowships & Scholarships

Truman Scholarship, RFK John Lewis Young Leaders Fellowship, AEA Summer Program, and other competitive national programs. We look at which programs fit your goals and what a thoughtful, competitive application looks like.

AI Skills for Students

How to use AI tools across research, writing, and job-prep work without shortcutting the learning. Practical workflows for undergrads and early-career professionals.

Ready to work together? Let’s talk.

Get in Touch

Curriculum Vitae

Full academic CV available for download

Download CV (PDF)

Contact

Get in touch

Eduardo G. Minuci

Assistant Professor of Economics

Department of Economics

North Carolina A&T State University

Greensboro, NC

Academic: egminuci@ncat.edu

Personal: minucieg@gmail.com