Category: Department Updates
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Hale co-authors article on the value of nature-based climate solutions
Professor Galina Hale co-authored “Financial value of nature: coastal housing markets, mangroves, and climate resilience” for the Review of Finance, which finds that homes in coastal Florida saw smaller price declines after storms when they were near mangrove forests versus homes that were farther from them. The magnitude of home-value declines following major hurricanes that…
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Friedman published three articles on mathematical models and behavioral economics
Distinguished Professor Emeritus Daniel Friedman co-published “Allocation among multiple selves” with Zeyu Liu and Simon Weidenholzer in Theory and Decision. It examines a mathematical model of individual decision-making with a Freudian flavor: a central executive system (“Ego”) allocates resources to a “Cold” (or superego) sub-self and an impulsive sub-self with different preferences (“Hot” or Id).…
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Fall 2025 Newsletter
Jump to: Letter from the chair | Faculty highlight | Staff highlights | Awards/scholarship highlights | Events recap | Course recommendations | Summer courses | Stay connected As campus comes alive for a new academic year, we are excited to share the fall 2025 edition of the Economics Department’s newsletter. While the past year brought…
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Economics Ph.D. Job Market Candidates 2025-26
Giancarlo Barcia Fields of Interest: Macroeconomics and Monetary Economics Job Market Paper Title: “Sovereign Spread Volatility and Financial Risk” Faculty references: Galina Hale, Alonso Villacorta Mariana Bessa Fields of Interest: Macroeconomics and Monetary Economics Job Market Paper Title: “Branch Banking Regulations and Financial Stability: A Cross-State Analysis of Depression-Era Banking” Faculty references: Carlos Dobkin (Chair),…
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Friedman co-authors three articles on behavorial economics, information and pricing, and market performance
Distinguished Professor Emeritus Daniel Friedman co-authored the article “A model of multiple selves” with Zeyu Liu and Simon Weidenholzer, which is forthcoming in Theory and Decision. The paper proposes a theoretical model reminiscent of Freud’s Ego/Id/Superego, and finds some new behavioral consequences. He also co-authored “Information, Asset Price Volatility, and Liquidity,” Grace Weishi Gu and…
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Hale leads authoring of article on alternatives to animal-source foods in reaching climate goals
Professor Galina Hale was the lead author of the article “Pace of adoption of alternatives to animal-source foods is an important factor in reaching climate goals” in Scientific Reports. The article explores how animal agriculture accounts for a large share of food-system emissions, both directly and through the production of animal feed. Global population growth…
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Distinguished Emeritus Professor Walsh presents at Federal Reserve Board
On May 15-16, Distinguished Emeritus Professor Carl Walsh presented “Lessons for the Federal Open Market Committee’s Monetary Policy Strategy” at the 2nd Thomas Laubach Conference held at the Federal Reserve Board in Washington, D.C. The aim of the conference was to solicit input from academic economists as the FOMC, the Fed’s monetary policy committee, reviews…
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Administrative Staff Employment Updates
Sorry, we do not have any employment opportunities at this time.
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(Reverse) Price Discrimination with Information Design, American Economic Journal: Microeconomics, May 2024
This article, co-authored by Dong Wei, examines how price and information discrimination impact seller/consumer markets.
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Market Access, Trade Costs, and Technology Adoption: Evidence from Northern Tanzania, The Review of Economics and Statistics, November 2024
This article, co-authored by Jonathan Robinson and Alan Spearot, uncovers how these variables impact travel costs for villages seeking to improve their agricultural productivity.
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Monitoring in Small Firms: Experimental Evidence from Kenyan Public Transit, American Economic Review, October 2024
This article, co-authored by David Schönholzer, focuses on how small firms struggle to grow, using evidence from a study of commuter minibuses in Kenya.
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Climate Risks and Foreign Direct Investment
Professor Galina Hale and Associate Professor Weishi Steadmon co-wrote this 2023 article in the Journal of International Economics, exploring how climate-related risks have increased in recent decades, both in terms of the frequency of extreme weather events and the implementation of climate-change mitigation policies. This paper explores whether multinational firms react to such risks by…