Logan Kelly, Ph.D.

Professor of Economics
University of Wisconsin-River Falls

At a Glance

Ph.D. in Economics from the University of Kansas
12+ years of forensic economics experience
Testimony in 7 jurisdictions (federal and state courts)
18+ peer-reviewed publications in leading journals
Full Professor with tenure at UW-River Falls
Former Department Chair & Director, Center for Economic Research

Forensic Economics Focus

Dr. Kelly specializes in agricultural litigation with particular expertise in dairy farm damages. His forensic economics practice focuses on quantifying economic losses in complex agricultural disputes.

Stray Voltage Litigation

Economic damages from electrical interference affecting dairy production and livestock health

Toxic Feed Cases

Losses from contaminated feed including reduced milk production and herd impacts

Equipment Failure

Damages from defective machinery and storage systems affecting farm productivity

Business Interruption

Lost profits and economic impact of operational disruptions

Jurisdictions: Wisconsin, Minnesota, Iowa, North Dakota, Maine, Missouri, Illinois

Methods & Data Sources

Econometric Approaches

But-for analysis and counterfactual projections
Time-series regression analysis
Present value calculations
Sensitivity and robustness testing

Data Sources

Farm records and financial statements
DHIA (Dairy Herd Improvement Association) data
USDA and industry benchmarks
Market price data and commodity indices

Academic Background

Current Positions

Professor of Economics (with tenure), University of Wisconsin-River Falls (2019-present)
Chair, Department of Economics (2017-2020, 2025-present)
Forensic Economist, Kelly Economics, LLC (2013-present)

Recognition

Outstanding University Researcher Award (2013, 2018)
Outstanding Teacher Award (2015)
Former Director, Center for Economic Research

Research Areas

Macroeconomics, monetary economics, applied econometrics, and forensic economics. Research published in leading peer-reviewed journals.

Credentials

Education

Ph.D. in Economics
University of Kansas, 2007
Specializations: Macroeconomics, Applied Econometrics

Selected Publications

"A model of monetary policy shocks for financial crises and normal conditions," Journal of Money, Credit and Banking (2019)
"'Risky' monetary aggregates for the UK and US," Journal of International Money and Finance (2018)
"Rethinking the liquidity puzzle," Journal of Banking & Finance (2011)