According to the New York Times article yesterday, President Obama's choice for a key economics adviser, Alan B. Krueger, a Princeton University professor, knows a lot about labor markets and unemployment, having written a key study on the minimum wage and effects on jobs. But Krueger also has a wide ranging set of interests in economic subjects, including a 2004 paper he co-authored on the concert industry entitled "Rockonomics: The Economics of Popular Music", online here.

The summary abstract of the paper states that it:

"... considers economic issues and trends in the rock and roll industry, broadly defined. The analysis focuses on concert revenues, the main source of performers’ income. Issues considered include: price measurement; concert price acceleration in the 1990s; the increased concentration of revenue among performers; reasons for the secondary ticket market; methods for ranking performers; copyright protection; and technological change.

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