Author: kak11010

Grad Students and Grad Alumni: Don’t Forget to Join LinkedIn

The Economics Department hosts two groups on LinkedIn for our graduate programs. Current PhD and MA students, as well as those who have received either degree, are encouraged and invited to join the appropriate group. Long after your direct connection to the university has gone, you will be able to contact old classmates, utilize networking opportunities, and receive updates on the department. These groups will also be our main source of contact information for those on the job market.

To join LinkedIn, please click here.

Credibility and the International Monetary Regime

Professor Paul Hallwood has four chapters in the above titled book just published by Cambridge University Press in England.  The chapters are “Crash! Expectational Aspects of the Departures of the United Kingdom and United States from the Inter-War Gold Standard”;  “Realignment Expectations and the US Dollar, 1890–1897: Was There a ‘Peso’ Problem?”; “Credibility and Fundamentals: Were the Classical and Inter-War Gold Standards Well-Behaved Target Zones?”; and “Did Impending War in Europe Help Destroy the Gold Bloc in 1936? An Internal Inconsistency Hypothesis?”  All four chapters were written with Ronald MacDonald and Ian Marsh, and the book is edited by Michael D. Bordo and Ronald MacDonald.

 Hallwood’s chapters demonstrate that adherence to a fixed exchange regime imposes severe monetary and fiscal discipline on member countries – not unlike the Euro-zone today; that at some point this discipline can become unbearable, though the USA did ride out the free-silver movement in the 1890s; that the gold standard was heavily implicated in the generation of the Great Depression: and that it was also implicated in the French defeat by Germany in 1940 as France for too long accepted the fiscal constraint of gold, restraining its military spending, even while Germany remilitarized.

Professor Harmon Speaks on Instructional Uses of Social Media

Professor Oskar Harmon recently presented on the topic “Using Facebook as a Discussion Board in an Online Class” at the 2nd Annual Online Learning Conference, at Post University, Waterbury CT, April 20, 2012. The theme of this year’s conference was “Driving Innovation in Online Higher Education.” Prof. Harmon organized a panel of instructors teaching online courses at Uconn. The session was titled “Innovative Active Learning Instructional Activities.” The other panel participants were Dan Mercier, Director of the Institute of Teaching and Learning, Andy DePalma, Professor of Continuing Studies, and Roger Travis, Professor of Literatures, Cultures, and Languages.

Professor Couch Presents Research at Yale and University of Michigan

Professor Ken Couch recently made presentations at the Yale School of Public Health and the University of Michigan’s Retirement Research Consortium meeting.  Both presentations discussed the impacts of common life occurrences on economic well-being and long-run health outcomes.  This line of research has been supported by research funding from the Social Security Administration and is the topic of a book currently under submission by Couch and his collaborators to Stanford University Press.

2012 Spring Awards Banquet

On April 12, the department convened for an awards banquet that recognized the best among undergraduate and graduate students, as well as faculty. This year’s award recipients are:

Omicron Delta Epsilon inductees:
Kurtis Adei
Alex Amarante
Lyla Eljizi
Elizabeth Fesenmeyer
Clifford Garnet
John Giardina
Levi Jackson
Nicholas Leonetti
Michael Littman
Brett Mauro
Andrew Moynihan
Loi Nham
Shivani Panchal
Marcos Quispe
Thomas Samuels
Vidya Sridhar
Jennifer Stansfield
Matthew Travalini
Suo Wang
Daniel White
Mallika Winsor

Undergraduate Awards
Louis D. Traurig Scholarship
William Kimball
Colleen Phelan
Paige Rhymer
Vidya Sridhar

Ross Mayer Scholarship
Nicholas Leonetti
Garrett Rapsilber

Paul N. Taylor Memorial Prize
Kevin Landry
Antonio Spinelli

Rockwood Q. P. Chin Scholarship
Lydia Kowinko
Yuqi Xing

Graduate Awards
W. Harrison Carter Award
Paul Tomolonis

Albert E. Waugh Scholarship
Matthew Schurin

Abraham Ribicoff Graduate Fellowship
Elizabeth Kaletski

Economics Department General Scholarship (for 2012: Recognition for Excellence as a Teaching Assistant)
Eric Gibbons
Sara Kauffman
Matthew Joseph Histen

Timothy A. and Beverly C. Holt Economics Fellowship
Matthew Schurin
Rong Zhou
Zheng Xu
Peijingran Yu
Bryce Casavant

Faculty Awards
Grillo Family Research Award
Mikhael Shor

Grillo Family Teaching Award
William Alpert
Oskar Harmon

Congratulations to everyone!

Professor Hallwood’s Research with Professor MacDonald Elicits Strong Reactions in the UK

Faculty member Professor Paul Hallwood‘s work on fiscal federalism is recognized in a retrospecitive article as attracting “intensive political scutiny” in the on going debate on fiscal devolution in the UK, downward from the Westminster Parliament to the Scottish Parliament.  His original work appeared in the book New Wealth for Old Nations (Diane Coyle et al. eds, Princeton University Press, 2005) alongside papers by Paul Krugman, William Baumol, Edward Glaeser, James Heckman and others. Whether to include a question on fiscal autonomy in the upcoming referendum on Scottish independence is still being discussed by British politicians.

Read more here.

Professor Prakash invited to London School of Economics and University College London for the Summer

Professor Prakash will spend two months this summer in England, working with the London School of Economics and Political Science and University College London.

From June 18 through July 30, Professor Prakash will be an Academic Visitor at the Economic Organisation and Public Policy Programme at the Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD) at the London School of Economics and Political Science.

During that time (June 25-29), Professor Prakash will be giving a seminar at the Centre for Research and Analysis of Migration (CReAM) at University College London.

Professor Harmon Contributes to Starting Point

Professor Harmon was one of 16 invited participants to the Spring Workshop of Starting Point: Teaching and Learning Economics, at Carleton College, MN (March 25-27, 2012).

Starting Point is an NSF funded project that seeks to introduce economists to pedagogical innovations developed witnin and beyond the discipline of economics. The project develops research based instructional strategies to promote student learning in economics. 

The Workshop participants spent an intensive 3 days planning, writing, reviewing, and editing instructional modules. The goal of the project is to create an online open source database of  classroom-tested examples for instructors of core undergraduate economics courses.  Harmon, a new convert of the project, believes it is visionary and in time will become an often consulted, and often used resource.  Both for graduate-student instructors looking for teaching ideas, and to experienced instructors looking for new ideas to try out in their classroom. To read more about the Starting Point Project, click here. To view the current inventory of examples click here.

Professor Shor publishes results of NIH-funded research

Professor Mike ShorProfessor Mike Shor, PI on an NIH grant examining choice overload, has had the results of his research published by two economics journals. Along with his co-investigators (Tibor Besedes, Cary Deck, and Sudipta Sarangi), Professor Shor finds that people faced with too many choices often have difficulty discerning the right choice, contrary to classic economic theory. Seniors are especially vulnerable to poor decision-making when facing a multitude of options, such as critical decisions relating to health care. The main results are forthcoming in the Review of Economics and Statistics. An examination of why seniors, specifically, make poor decisions appears in a recent issue of the Journal of Economic Behavior and Organization. The authors find that poor performance among seniors is not for lack of trying, but due to seniors’ use of sub-optimal decision rules to reduce the number of choices down to a manageable level.