Prof. Deniz Ozabaci, visiting assistant professor, has accepted an appointment to the University of New Hampshire. The Department thanks her for her service and wishes her the very best in the future. Congratulations!
Announcements
Prof. Heffley retires
Photo L to R: Dennis Heffley, Perry Shapiro, Subhash Ray
Prof. Dennis Heffley retired from the Department of Economics after 41 years at the University of Connecticut, including 4 years as the Department Head, 2005-2009. About 45 family members, current and former colleagues, many former graduate students, and Dennis’s major adviser, Perry Shapiro, who traveled from California, gathered for a retirement party and to celebrate his many achievements in late December at the end of the fall semester.
Dennis expects to keep busy in his retirement and would love to hear from everybody. We thank Dennis for his many years of service to the Department and the University and wish him and his family the very best.
Latest RePEc Rankings- Economics is Up
According to the latest RePEc rankings, the UConn Department of Economics is currently ranked 55 out of 491 U.S. institutions. This latest increase in ranking is a true reflection of the university’s recent investment towards national prominence. With continuing hard work from faculty and students, we expect our rise to continue in the future.
See the rankings here: https://ideas.repec.org/top/top.usecondept.html
Dr. Benny Widyono to Speaks at CKS Headquarters
On January 13, Dr. Benny Widyono will give a talk titled “Economic Globalization and the impact on the Cambodian economy,” at the Center for Khmer Studies’ Headquarters in Siem Reap.
Dr. Widyono is currently an adjunct professor at the UConn Stamford campus. He is also an advisor at Leopard Capital LP. Previously, Dr. Widyono served as a United Nations diplomat in Cambodia, Thailand, Chile, and New York. He was a peacekeeper in Cambodia with UNTAC from 1992 to 1993, and then returned to Cambodia as the UN Secretary-General’s Representative from 1994-1997. Dr. Widyono published Dancing in the Shadows: Sihanouk, the Khmer Rouge, and the United Nations in Cambodia while he was a visiting scholar at Cornell University.
For more about Khmer Studies, please click here.
Economics Department Receives New Trust Fund
The Economics Department is very pleased to announce that it has been designated as the beneficiary of the Eleanor Bloom Trust. The trust is a permanent endowment, and Ms. Bloom left instructions that the funds be used to provide financial aid to the Economics Department, preferably for research assistants. Funding of this type provides critical support for our department and graduate program, allowing us to provide greater opportunities for the enhancement of research and teaching, and the education and training of graduate research assistants. And it is particularly gratifying when the source is a former student who chose to give back to the University and the Department in this way.
Ms. Bloom received her B.A. in Economics with Honors from UConn in 1955. She went on to receive her MA from Trinity College and taught Latin at E.O. Smith High School in Storrs. The Department is very grateful for her support.
Archita Banik defends, heads to Bloomsburg University of Pennsylvania
Archita Banik defended her dissertation on Monday, July 22nd 2013. Her dissertation entitled “Three Essays on Health Economics” was completed under the supervision of her major advisor Dennis Heffley and associate advisors Thomas Miceli and Nishith Prakash.
Archita’s dissertation analyzes an incentive-based health insurance plan in the context of developing countries and also examines the importance of different socioeconomic factors and presence of microcredit in determining ever-married women’s health in the context of India. The first essay of her dissertation is a theoretical analysis where she analyzes an individual’s behavior with misperceived health risk under incentive-based health insurance plan vs. a conventional plan. The other two essays are empirical studies in the context of India where she shows that age, education, marital status, and presence of microcredit are important factors in determining ever-married women’s health in India.
Archita is heading to Bloomsburg University of Pennsylvania, where she will join as a tenure-track assistant professor of economics starting from Fall.
Congratulations, Archita!
Congratulations to Alumnus Marius Jurgilas
Lithuanian President Dalia Grybauskaitė recently signed a decree appointing Marius Jurgilas to the 5-member Board of the Lithuanian Central Bank. Marius was recommended for this appointment by the Advisory Council, a group of prominent economists in the field of finance. He will assume his new responsibilities on May 15.
Marius’ appointment to the Board reflects his extensive background, experience, and expertise in the banking sector. He began developing this expertise during his time as a finance major in the Department of Economics at Vilnius University in Lithuania. In 2001, he joined the Economics Department here at UConn, where he earned his PhD in 2007 with a field in monetary economics. Christian Zimmermann, who is now at the St. Louis Federal Reserve Bank, was his major advisor. His dissertation was on “Interbank Markets under Currency Boards.”
After finishing his PhD, Marius was an assistant professor at Elon University for a year but left Elon to take a position at the Bank of England, where he worked for three years. Most recently, he has worked in the Financial Stability Research Department at the Norwegian Central Bank. He has also spent time at the European Central Bank, SEB Vilniaus Bankas, and Lithuanian Savings Bank, and has been a visiting professor at ISM University of Management ant Economics in Vilnius.
Marius’ research covers a wide range of topics relating to banking and housing. Some of his recent publications include:
JURGILAS, M. & Lansing K. J., (2012 June 25 issue) “Housing bubbles and homeownership returns”, FRBSF Economic Letter, Federal Reserve Bank of San Francisco
GUPTA, R., JURGILAS, M., KABUNDI A. & MILLER M. S. (2012), “Monetary Policy and
Housing Sector Dynamics in a Large-Scale Bayesian Vector Autoregressive Model” International Journal of Strategic Property Management, Vol 16(1): 1-20
GUPTA, R., JURGILAS, M., MILLER, M.S., & WYK, V.D. (2012 January), “Financial Market Liberalization, Monetary Policy, and Housing Sector Dynamics”, International Business and Economics Research Journal, Vol. 11(1).
For more information about Marius’ appointment, click here.
Talia Bar to join Economics Department
Dr. Talia Bar will be joining the department this Fall as an assistant professor. She graduated with a PhD. in economics from Yale University in 2003. She received her bachelor’s degree in mathematics and her master’s degree in economics from the Hebrew University in Israel where she grew up. She has worked as an assistant professor at Cornell University, and as a visiting assistant professor at Binghamton University. Bar’s research interests include industrial organization and microeconomics, mostly she works on firms’ research and development strategies and patent policy as well as issues in economics of higher education. Bar has published articles in, for example, the Journal of Economics Perspectives, the Journal of Labor Economics and the International Journal of Industrial Organization.
Professor Michael Carter to Visit Campus
On Thursday, April 11, Professor Michael Carter will be on campus as the speaker for the annual Austin Forum on the Economics of Public Policy. Professor Carter directs the BASIS Program, a research consortium funded by USAID that studies rural poverty alleviation strategies in Africa, Asia and Latin America. He has worked extensively on understanding poverty traps and poverty dynamics, and on the design and evaluation of programs to alleviate rural poverty.
In addition to giving his lecture at 4:00 p.m., Prof. Carter has graciously offered to speak in Prof. Randolph’s development course (2:00-3:15), as well as Prof. Furtado’s labor course (11:00-12:15).
At 4:00 p.m. in the Dodd Center, Prof. Carter will give a lecture titled “Global Poverty and Food Security: Perspectives and Options.” Faculty, staff, students, and non-university members are invited to attend.
Recent UConn Visitor accepts Position at Top 10 Chinese Research Institution
Xiaofang Dong, who visited our department for a year and a half to work with Professor Stephen Ross on agglomeration economies, recently accepted a faculty position at Xiamen University in China. Xiamen University was ranked 6th this year among research institutions in China. Xiaofang recently completed her dissertation on Entreprenuership, Firm life cycle and Agglomeration Economics at the Southwest University of Finance and Economics, China.