Current students

Rui Sun and Zhonghui Zhang at Econometric Society Meeting (2019 AMES)

Posted on March 15, 2019 by McConnel, Mark

PhD students Rui Sun and Zhonghui Zhang have had their papers accepted at the 2019 Asian Meeting of the Econometric Society (2019 AMES).

Zhonghui Zhang will be presenting his paper “Mahalanobis Metric Based Clustering for Fixed Effects Model”.

Rui Sun’s paper “Bias-Corrected Estimators in the Dynamic Panel Data Model” has been accepted for poster session.

The conference, June 14-16, 2019 at Xiamen University, is held by the Econometric Society, the international society for the advancement of economic theory in its relation to statistics and mathematics.

https://www.econometricsociety.org

Graduate Students in the Big Apple to Present New Work

Posted on March 15, 2019March 15, 2019 by McConnel, Mark

Graduate students Shiyi Chen, Edlira Cocoli, Treena Goswami, Xin Liang, and Patralekha Ukil presented papers at the Annual Conference of the Eastern Economics Association in New York, Feb. 28–Mar. 3. Paper titles are listed below. If you see them in the hallways, be sure to ask them about their research.

Shiyi Chen: Affirmative Action and Interracial Marriage

Edlira Cocoli: The Impact of Promise Programs on Student Enrollment: A Nationwide Analysis of Enrollment Impact by Gender, Race and Program Type

Treena Goswami: High Skilled Immigrant Inflows and More Managerial Natives?

Xin Liang: Early Retirement, Pension System and the High Saving Rate in China, University of Connecticut

Patralekha Ukil: Parental Economic Shocks and Infant Health

Have a look at a tweet about Patralekha’s presentation here, and you can see the full EEA program here.

UConn-Stamford FED Challenge Team Earns Honorable Mention at Competition in NYC

Posted on January 10, 2019January 10, 2019 by McConnel, Mark

The UConn-Stamford FED Challenge team earned honorable mention in the Federal Reserve Bank of New York 2018 College FED Challenge competition. This marked the third consecutive year of participation in the competition by the Stamford Campus team and the first time advancing to the semi-final round. The competition started with 39 teams in the initial round on October 24. The UCONN-Stamford team advanced to the semi-final round held on November 14 among only eight teams. Rutgers University-New Brunswick placed first and advanced to the final round held in Washington DC November 29. Columbia University placed second. UConn-Stamford earned Honorable Mention along with Fairfield University, Fordham University, Siena College, and SUNY-Oneonta.

The College Fed Challenge is a team competition for undergraduate students. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee. The Federal Reserve Bank of New York is one of four Federal Reserve Banks that host the College Fed Challenge Competition. The regional winners go to the final round at the Board of Governors in Washington D.C.

UCONN-Stamford team was comprised of 3 presenters: Ignacio Gonzalez, Jonathan Herrick, and Brendan Armburst-Mulcahey. The team coach was Di Yang, (Stamford Business School MBA). The researchers who helped prepare the team for the competition were Aditya Dadavai, Sijie Hu, Lingyi Zhu, and Roma Roma (all in the Stamford Business School BPMA Program). Faculty advisors were professors Natalia Smirnova, Steven Lanza, Kanda Naknoi, and Oskar Harmon. The team benefited from practice sessions of challenging questions with volunteer members of the Fairfield Business Community.

The team participants shown in the picture at the awards ceremony at the FRBNY are (from left to right): Brendan Armburst-Mulcahey, Di Yang, Natalia Smirnova, Jonathan Herrick, Ignacio Gonzalez, Oskar Harmon.

Holster Scholar, Mateen Karimi, Presents Summer Research on MENA Immigrants

Posted on September 18, 2018September 18, 2018 by McConnel, Mark

Sophomore, Mateen Karimi, presented his Holster Research Project, “A Comparative Study: The Socioeconomic Integration of Second Generation MENA Immigrants” to an interested group of students, family members, and UConn faculty and staff this past Friday at the Konover Auditorium.

The Holster Scholars First Year Project supports a small number of students interested in conducting independent research during the summer after their freshman year at UConn. Students are first selected to take a one-credit course to develop their research proposals. Of those in the course, a select few students are awarded funding to complete their projects over the summer.

Mateen’s project, supervised by Professor Furtado, examines the socioeconomic status of second-generation Middle Eastern North African (MENA) immigrants in the United States. He found that while the native-born children of MENA immigrants have more years of schooling and higher incomes than white natives whose parents were both born in the U.S., MENA unemployment rates are substantially higher. Mateen’s results also suggest that despite the very high average education levels of first-generation MENA immigrants, second-generation MENA immigrants complete even more years of schooling than their foreign born parents.

PhD Student Dominic Albino Published in Cognitive Science

Posted on May 11, 2018December 21, 2022 by McConnel, Mark

Dominic Albino, a fourth-year graduate student in the department, and co-authors Seth Frey and Paul Williams have had their paper, “Synergistic Information Processing Encrypts Strategic Reasoning in Poker,” accepted for publication in the journal Cognitive Science.

To win at poker, players must exploit public signals from opponents, but using those signals usually makes the player’s own strategy vulnerable. The paper uses 1.75 million hands of online poker data to show that winning players successfully encrypt their strategy, using their own cards like the private key in public key cryptography. By doing so, they are able to solve the problem of exploiting others while remaining protected themselves and turn uncertainty, usually considered a liability, into an advantage.

A copy of the paper may be found on Dominic Albino’s ResearchGate page.

Stamford Campus Econ Students Present at the New York Fed Challenge

Posted on May 11, 2018 by McConnel, Mark

The New York FED is one of five Federal Reserve Banks that host the FED Challenge Competition. The regional winners go to the final round at the FED in Washington D.C. College Fed Challenge is a team competition for undergraduate students. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee.

The 5 team participants were:

Front row: Ryan Dodd, Olga Jaramillo; Middle row: Chris McLaughlin (a two time participant), graduate assistants PD Aditya and Gul-e-Rana; Back row: Esteban Peralta, Randall Giles.

The students were assisted in their preparations by Professors Oskar Harmon, Kanda Naknoi and Steven Lanza.

The team received invaluable assistance from three graduate student assistants (PD Aditya , Di Yang, and Gul-e-Rana from the Stamford Business School MBA.

2018 Spring Awards Banquet

Posted on April 20, 2018April 20, 2018 by McConnel, Mark

On March 29, 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:

Ryan Christopher Dodd
Liam Dorris
Matthew Gorman
Rebecca Hill
Shannon Lozier
Madeline Memoli
Alexander Rojas
Ryan Verano
Mingrui Zhou

Undergraduate Awards

Louis D. Traurig Scholarship

John Cizeski
Tyler DiBrino
Rebecca Hill
Zachary Lobman

Paul N. Taylor Memorial Prize

Steven Hashemi

Rockwood Q. P. Chin Scholarship

Matthew Edson
Harry Godfrey-Fogg
Colin Mortimer
Magda Soto-Enciso

Ross Mayer Scholarship

Matthew DeLeon

Julia & Harold Fenton and Yolanda & Augustine Sineti Scholarship

Alexander Rojas

Economics Department General Scholarship

Michelle Grieco

Kathryn A. Cassidy Economics Scholarship

Adam Vancisin
Mary F. Vlamis
Zihan Wang

Charles Triano Scholarship

Jenifer Repaci

Albert E. Waugh Scholarship

Timothy Brown

Graduate Awards

W. Harrison Carter Award

Michael DiNardi
Patralekha Ukil

Abraham Ribicoff Graduate Fellowship

Kevin Wood

Timothy A. and Beverly C. Holt Economics Fellowship

Huarui Jing
Chuang Li
Wensu Li
Shilpa Sethia
Rui Sun
Jinning Wang

Economics Department General Scholarship

Samantha Minieri

Best Third Year Paper Award

Mark McInerney
Zhonghui Zhang

Faculty Awards

Grillo Family Research Award

Stephen L. Ross

Grillo Family Teaching Award

Derek Johnson

Employee Appreciation Awards

Rosanne Fitzgerald – 20 years
Olivier Morand – 20 years
C. Paul Hallwood – 30 years

Congratulations to everyone!

Econ Undergraduate Students Present at the Boston Fed Challenge

Posted on January 5, 2018January 5, 2018 by McConnel, Mark

Congratulations to the undergraduate students from the Storrs campus who took part in the College Fed Challenge!

Tyler DiBrino, Gabriel Hack, Max Karsanow, Ari Nishimura-Gasparian, John Roberts, Alexander Rojas, Joaquin Sanchez, and Timothy Sullivan all participated on behalf of the University of Connecticut – Storrs in the 2017 Fed Challenge held at the Boston Fed on Friday, November 3rd. The students, and their faculty advisors Derek Johnson and Owen Svalestad, are shown at left in Boston.

Sponsored by the Board of Governors of the Federal Reserve, the “College Fed Challenge is a team competition for undergraduate students. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee.”

Medical Marijuana in the Washington Post and Mother Jones

Posted on December 5, 2017November 2, 2018 by McConnel, Mark

A recent working paper by co-authors Michele Baggio (UConn faculty, Department of Economics), Alberto Chong (Andrew Young School of Policy Studies, Department of Economics), and Sungoh Kwon (UConn graduate student, Department of Economics), has been featured in the Washington Post:

Medical marijuana took a bite out of alcohol sales …

Alcoholic beverage sales fell by 15 percent following the introduction of medical marijuana laws in a number of states, according to a new working paper by …

And in Mother Jones magazine:

Back in 2009 I wrote a piece for the magazine about marijuana legalization. One of the things I learned is that a key question about the effect of legalization is whether marijuana and alcohol are substitutes or complements. If alcohol and marijuana are substitutes, it means that higher sales of marijuana will likely produce lower […]http://www.motherjones.com/kevin-drum/2017/12/new-study-says-marijuana-legalization-reduces-alcohol-use/

The working paper is online at: Helping Settle the Marijuana and Alcohol Debate: Evidence from Scanner Data

Abstract:

We use data on purchases of alcoholic beverages in grocery, convenience, drug, or mass distribution stores in US counties for 2006-2015 to study the link between medical marijuana laws and alcohol consumption and focus on settling the debate between the substitutability or complementarity between marijuana and alcohol. To do this we exploit the differences in the timing of the of marijuana laws among states and find that these two substances are substitutes. Counties located in MML states reduced monthly alcohol sales by 15 percent. Our findings are robust to border counties analysis, a placebo effective dates for MMLs in the treated states, and falsification tests using sales of pens and pencils.