Alumni

Public Economics Students Propose Policy Solutions for Connecticut Waste Management Problem

Public Economics students
Public Economics students, (from left to right), Brendan Tuite, Abigail McDonough, Isaias Juarez, and Yukun Zhang, present their findings in class on November 19, 2024, Stamford campus

During the Fall 2024, the students in the ECON 3431- “Public Economics” course at the Stamford campus worked with the industry professional to research, analyze, and propose policy solutions to the imminent State of Connecticut problem of Solid Waste Management.

The applied nature of the course allowed students to experience every aspect of public policy development from problem identification, ideation, research of the literature, data gathering, analysis, and policy recommendation formulation.

In addition to Professor Smirnova, who is the instructor of this course, the students worked under the mentorship of Mr. Brian Bartram (CLAS’ 94), who has been the manager of the Salisbury/Sharon (CT) Transfer Station in Connecticut since 2007. At that time Salisbury & Sharon were seeking design ideas to be used in the construction of a new transfer station. Since then, Brian has been active in the Northeast Resource Recovery Association, CT Department of Energy & Environmental Protection’s Solid Waste Advisory Committee, and CT Product Stewardship Council. In 2012 he was appointed by Gov. Malloy to be a member of the Modernizing Recycling Working Group. Brian completed the UConn Master Composter Program in 2015.

Students were assigned to groups to imitate the economic think-tank work environment. Each group selected their topic through the process of ideation based on Brian’s presentation about the acute waste management problem in Connecticut. The following research questions were formulated and answered during the semester:

  1. Cost Benefit Analysis of Installing a Methane Capture System at the Manchester, Connecticut Landfill.
  2. Government Policies Promoting Recycling and Landfill Use Reduction.
  3. Where Did Your Old TV Go?
  4. What is the Most Cost-Effective Waste Conversion Technology for Connecticut Municipalities?
  5. How does Connecticut Dispose of Waste Tires?
Public Economics students
Public Economics students, (from left to right), Sam Jenkins, Jordi Silva, Hannah Geary, and Kyle Nelson, present their findings in class on November 19, 2024, Stamford campus

At the completion of the course, student teams presented their findings to the class with Mr. Bartram visiting the class virtually, asking questions, and commenting on issues. Brian reflected that he “really enjoyed how different student teams were looking at the issue from different angles. Solid waste is a national, regional, state, and local issue. All different views and situations need to be considered and assessed.”

Through this exercise, students learned to collaborate with and present and defend their findings to the industry expert. Collaborative experiences such as this, between UConn students and the State of Connecticut professionals, are invaluable in preparing our students for careers in industries and the public sector. By integrating the workplace analytical approaches into the curriculum of applied courses, we are teaching students career competencies that are demanded of them upon graduation.

Fall 2024 GA Training Workshop: Faculty Insights

Last Thursday, October 17, 2024, the Department of Economics held its regular semester GA Training Workshop, aimed at preparing new Graduate Assistants for their teaching responsibilities. Three faculty members—Professors Talia Bar, Professor Kai Zhao, and Professor Tianxu Chen—shared valuable advice drawn from their teaching experience.

Professor Bar emphasized the importance of adapting to students’ varying levels of mathematical proficiency, using active learning strategies to keep students engaged, and proactively addressing potential classroom challenges.

Professor Zhao reflected on his early teaching experiences, offering advice on understanding student backgrounds, using relatable examples, and ensuring clear communication to avoid confusion.

Professor Chen concluded the session by focusing on classroom management, encouraging a positive learning environment, and balancing teaching duties with academic responsibilities. Her practical tips provided GAs with useful strategies for success.

This workshop remains a cornerstone of the department’s efforts to support GAs, offering them essential tools and insights to excel in both teaching and their academic progress each semester.

Recent PhD Graduates Publish on Wealth Inequality

Profile picture of Umesh Ghimire
Umesh Ghimire
Profile picture of Aaron Cooke
Aaron Cooke

Recent UConn graduates Aaron Cooke (2018 PhD, U.S. Department of the Treasury) and Umesh Ghimire (2021 PhD, Commonwealth University of Pennsylvania) have had their paper accepted for publication in Macroeconomic Dynamics.

The paper examines the impact of life-cycle savings, intergenerational transfers, and fertility differences between the rich and the poor on the wealth distribution in the United States

Profile picture of Kai Zhao
Kai Zhao
Profile picture of Hyun Lee
Hyun Lee

This paper is a joint work with Dr. Hyun Lee (former UConn faculty) and Professor Kai Zhao. The key message of the paper is that the fertility differences between the rich and the poor significantly amplify the role of bequests in shaping the U.S. wealth inequality.

You can find the paper here

Spotlight on Alumni: Huskies in Sewanee

Professor Furdate with PhD alumni Huarui Jing and Tao Song.
Professor Furtado with UConn PhD alumni Huarui Jing and Tao Song at Sewanee

This past spring, Prof. Delia Furtado gave the Georgescu-Rogen Lecture at Sewanee: The University of the South while visiting with UConn PhDs, Huarui Jing and Tao Song.

Sewanee is among the nation’s top national liberal arts colleges and is consistently ranked as one of the top five in the South. While Professor Furtado enjoyed walking around the beautiful campus, often spotting students and faculty in their academic gowns, her favorite part of the trip was catching up with former UConn students.

Sewanee: The University of the SouthHuari’s research interests are in asset pricing, financial econometrics, macro finance, and machine learning.  At Sewanee, she teaches the courses, Investment Finance, Derivatives and Fixed Income Securities, Financial Modeling, and Financial Engineering.

Tao’s research interests are in labor and urban economics with a particular focus on immigration. He has taught Microeconomics, Macroeconomics, and Econometrics as well as the field courses Labor Economics, Urban Economics, and the Economics of Immigration. This month, he was awarded tenure and promoted to associate professor. Congratulations, Tao!

Interior of building at at Sewanee: The University of the SouthCurrent UConn PhD students, do reach out to Huari and Tao for advice on building a successful academic career at a liberal arts college.

Former UConn PhD students, we would love to know where you are and what you’re up to! Contact Lisa Bono at lisa.bono@uconn.edu.

PhD Students Present Research on Gender and Race at Workshop

Two graduate students in the UConn Department of Economics presented their research at the New England Experimentalist Workshop last week.

PhD Student Ana Karaban presents her researchAnastassiya Karaban presented her paper, “The role of gender comparisons in determining reference wage and labor supply.” She finds that when people make different wages, we choose to compare our wage to others of the same gender. Women work harder when making more than other women (but not when making more than other men). Men work less hard if they are making less than another man (but not if they are making less than a woman).

PhD Student Victor Volkman presents his researchVictor Volkman presented his paper, “Race and experimental design: How respondents may read context into a neutrally framed scenario.” Traditionally, economics experiments have participants engage in “context free” simulated economic transactions. Victor examines whether such absence of context can affect individuals differently based on their racial backgrounds. He finds evidence that different racial groups interpret context-free scenarios differently, and thus their actions are not directly comparable.

The presentations offered the students both broader exposure for their research and a chance to receive valuable feedback from researchers at other universities.

UConn Hosts Experimental Economics Workshop

On July 1 and 2, the Department of Economics hosted the annual New England Experimentalist Workshop.

The Workshop brought together experimental and behavioral economists from twelve universities to present research on topics as diverse as gender pay disparities, self-censorship of political views in the classroom, and effective environmental policy.

The two-day workshop was organized by faculty members Remy Levin and Mike Shor and graduate student Anastassiya Karaban.

Career Advice is Shared with Stamford Economics Students

Mara Gauger (’13) at the Stamford campus on April 9, 2024

Students in Professor Smirnova’s Financial Economics and Money and Banking classes were visited by UConn Alumna, Mara Gauger (’13) on Tuesday, April 9, 2024.

Mara Gauger graduated from UConn with BA degree in Economics in 2013. After graduation, she worked at Citi, and achieved the level of Assistant Vice President. Since 2016 she works at Deloitte.

Mara Gauger is currently a Senior Manager Deloitte’s Capital Markets practice with extensive experience supporting securities firms and broker-dealers. Mara focuses on assisting firms on topics related to securities operations, trading systems, and risk management programs. At Deloitte, Mara has been a lead in the SEC Rule 613 Consolidated Audit Trail project office as well as assisting firms in their design and implementation of the rule requirements. Mara is also a core member of the Deloitte team supporting SIFMA, ICI, and DTCC’s efforts to analyze the impacts of an accelerated settlement cycle (T+1) since inception.

The goal of Mara’s visit was to familiarize students with careers in the financial sector, and mentor them on how to get their first job upon graduation from UConn with the Economics degree. Mara generously shared her wisdom about how to navigate the process of job and internship search: what to showcase on the resume to stand out; how to network through LinkedIn and HuskyLink; how to prepare for and conduct interviews; how to utilize the Career Center and Career Fairs; and what skills and career competencies are in demand in the marketplace.

Students were able to ask questions pertaining to their career aspirations and their experiences with internships and job search. Students who are seniors were the most vocal and were able to ask the most pointed and specific questions. Students who are juniors and sophomores received a motivational advice to start their networking as early as possible. Mara suggested utilizing HuskyLink as the first step of connecting with the UConn alumni.

Mara Gauger and Natalia Smirnova
Mara Gauger (’13) (right) and Dr. Smirnova at the Stamford campus on April 9, 2024

Mara shared that her visit to UConn is the way to give back to her Alma Mater after working in the financial industry for 10 years. She was very supportive of students’ inquiries and honest about identifying the competitiveness of the industry and challenges of getting the first job out of college. Students took her advice and candid conversation in stride. They were encouraged by Mara to continue their studies, gain career competencies, and confidently showcase their strengths and skills to the employers.

Thank you, Mara Gauger (’13) for visiting us at UConn Stamford. We really appreciate it!

Fostering Teaching Excellence: Key Takeaways from the 2024 Spring GA Training Seminar

The Department of Economics recently held the 2024 Spring GA Training Seminar in Herbst (formerly Oak) Room 337 on March 29, 2024. This seminar provided a crucial platform for student instructors to develop teaching skills and foster discussions on effective teaching methods. Professor Richard Langlois, Professor Olivier Morand, and Professor Tianxu Chen, shared invaluable insights with first-time student instructors in the meeting.

The seminar started with Professor Morand’s presentation, focusing on the pedagogy of teaching quantitative content. Through interactive discussions, he emphasized the importance of learning styles and clarity in teaching.

Professor Langlois primarily discussed tips for teaching writing-intensive courses (W class), drawing upon his extensive experience in the field. He shared strategies for effectively engaging students in such courses.

Lastly, Professor Chen addressed the challenges encountered by student instructors in their teaching roles. She offered insights into fostering attendance, promoting student interaction, and managing email communications adeptly.

The seminar concluded with an open discussion, providing participants with the opportunity to exchange experiences, address challenges, and seek guidance from peers and faculty mentors. Through collaborative exchanges, attendees garnered inspiration, valuable insights, and peer support to refine and elevate their teaching practices. This seminar was coordinated by Professor Chen, and it is part of ECON 6492: Teaching Economics—a recently developed course tailored for first-time student instructors.

Economics GA Training Seminar – Fall 2023

The 2023 Fall Economics Graduate Assistant (GA) Training Seminar was held in Herbst (Previously Oak) 312 on November 1, 2023. The GA training seminar was designed to help student instructors and graduate assistants in the Economics Department succeed in their teaching roles at UConn, and to help promote their professional development.

During the event, Professor Talia Bar, Professor Tianxu Chen, Professor Delia Furtado and Professor Derek Johnson shared their teaching experiences, and addressed a variety of issues/questions raised by our student instructors and GAs. Specifically, the topics addressed in the seminar included (1) responsibility of instructors, (2) evaluation of teaching, (3) improving attendance, (4) responding to students’ emails, (5) suggestions for first time teaching, and (6) disputes between instructor and student.

Student instructors teaching in Fall 2023 and other GAs participated in the seminar. They also shared their teaching experiences, and the challenges they face, with the faculty and their peers. The event was a big success, and provided valuable support for our student instructors and GAs. The seminar was coordinated by Professor Chen, who is also the instructor for ECON 6492: Teaching Economics, the newly designed course for first-time student instructors.