Faculty

Professor Agüero Published in Journal of Human Resources

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Professor Jorge Agüero’s paper “The Intergenerational Transmission of Schooling among the Education-Rationed,” has been accepted for publication in the Journal of Human Resources.

Professor Agüero’s paper, coauthored with his former student Maithili Ramachandran, estimates the intergenerational transmission of schooling in a country where the majority of the population was rationed in its access to education. By eliminating apartheid-style policies against blacks, the 1980 education reform in Zimbabwe swiftly tripled the progression rate to secondary schools. Using a fuzzy regression discontinuity design, the authors find a robust intergenerational transmission. Several smoothness and placebo tests further validate their design. The authors show that both marriage and labor markets are key pathways in the schooling transmissions.

This is the third paper from the Department of Economics to be accepted at the Journal of Human Resources this academic year, along with papers from Professor Simon and Professor Furtado in the fall semester: Two Faculty Members Receive Journal of Human Resources Acceptances in the Same Month

Professor Ritter and the Peruvian Soda Tax

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Professor Patricia Ritter has had her research featured in the debates about an increase in the tax on sugary drinks recently implemented in Peru, and was asked to write an article for the newspaper El Comercio on the topic:

https://elcomercio.pe/opinion/colaboradores/isc-gaseosas-salud-obesidad-opinion-debate-patricia-ritter-noticia-521267

and she was mentioned in three other articles:

One of these articles is no longer available.

https://elcomercio.pe/opinion/editorial/editorial-cambios-impuesto-selectivos-consumo-isc-reforma-tributaria-gobierno-noticia-520299

https://elcomercio.pe/opinion/columnistas/isc-gaseosas-impuesto-selectivo-ahhh-salud-fernando-caceres-noticia-520274

She was mentioned as well at the end of the program Enfoque de los sábados on April 12th:

Economic Demography Workshop a Success

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Professor Furtado chaired the organizing committee for this year’s Economic Demography Workshop (EDW) held this past April in Denver, Colorado.

For over twenty years, economists have gathered in the afternoon before the Annual Meeting of the Population Association of America (PAA) to present and discuss their work on demographic issues. This year’s agenda consisted of panels on occupational licensing, gender and human capital, and immigration policy. Papers presented in previous years have since been published in top journals, and Professor Furtado believes that this year’s papers are headed in the same direction.

Professor Alpert Receives Thomas E. Recchio Faculty Coordinator Award

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William Alpert, Associate Professor Emeritus,  was recently awarded the Thomas E. Recchio Faculty Coordinator Award for Academic Leadership in the University’s Early College Experience program (ECE).

The Early College Experience, one of the first concurrent enrollment programs in the world, is committed to providing access to and preparation for post-secondary education programs through its ability to offer University of Connecticut courses to high school students in their high schools. ECE is committed to excellence in education by fostering a relationship between higher education and partner high schools to create an effective transition for students who have made college a goal.

Professor Alpert began his association with the ECE program in Economics in 2002 with two instructors participating at two Connecticut high schools. By April 2018 Economics fielded 30 economics (Principles Microeconomics, Principles Macroeconomics and Essentials of Economics) with classes in more than 30 schools with well over 30 teachers certified as ECE instructors or preceptors in Economics.

In presenting the award, Professor Recchio (English) noted Professor Alpert’s distinguished publication record, saying it represented the Early College Experience Program’s dedication to serious scholarship.

Stamford Campus Econ Students Present at the New York Fed Challenge

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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

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Uconn sealOn 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!

 

Professor Miceli’s Contemporary Issues in Law and Economics

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Routledge has just published Contemporary Issues in Law and Economics by Thomas J. Miceli.

Law and economics is the field of study devoted to understanding laws and legal institutions using the tools of economic theory. This growing subject has become a mainstream area of study in both law schools and economics departments and this book explores the “law and economics” approach to some of the most interesting questions, issues, and topics in law, order, and justice.

Contemporary Issues in Law and Economics considers what economists call the “positive” analysis of the law – that is, using economic theory to explain the nature of the law as it actually exists. As part of this approach the author examines questions such as, what is the economic basis for the predominance of negligence rules in tort law? And, what is the explanation for the illegality of blackmail? Furthermore, another set of questions arises where the law seems to depart from the prescriptions of economic theory, and these issues are also examined in this volume. For example, the deeply rooted norm of proportionality between punishments and crimes, and the use of escalating penalties for repeat offenders, are both explored.

With self-contained chapters written in a non-technical style, this book offers a rigorous discussion of the above themes while remaining accessible to those without formal legal or economic training. It offers the ideal introduction to the field of law and economics while also providing a basis for students in more advanced courses.

https://www.routledge.com/Contemporary-Issues-in-Law-and-Economics/Miceli/p/book/9781138099760

Steve Ross published in REStat

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Steve Ross’s recent paper on the effect of the No Child Left Behind Act on local property values with Steve Billings and Eric Brunner was just published in the first issue of 2018 in the Review of Economics and Statistics.

In this paper, they show that property values near failing schools sometimes actually increase in value consistent with individuals moving into those neighborhoods to take advantage of the enhanced school choice opportunities available when a family’s children are assigned to a failing school.

Two Faculty Members Receive Journal of Human Resources Acceptances in the Same Month

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Professor Simon and Professor Furtado both had papers accepted at the Journal of Human Resources in the fall semester.

Professor Simon’s paper, “The Effects of Aggregate and Gender-Specific Labor Demand Shocks on Child Health,” coauthored with Marianne Page and Jessamyn Schaller, considers the relationship between local labor market conditions and child health. The paper shows that local (state level) labor market recessions that primarily affect women increase maternal time spent at home and improve child health, whereas recessions that affect men have the opposite effects. These patterns suggest that both maternal time and family income are important inputs to child health.

Professor Furtado’s paper, “Settling for Academia? H-1B Visas and the Career Choices of International Students in the United States,” coauthored with Catalina Amuedo-Dorantes, examines whether international students respond to U.S. immigration policy when making career decisions. The authors find that international students who require H-1B visas to work in the United States became more likely to pursue careers in academia -a sector not subject to H-1B visa caps- after the H-1B visa cap was lowered in 2004.

The Journal of Human Resources is a leading journal in applied microeconomics. According to the 2016 ISI Journal Citation Reports, the journal has an impact factor of 4.047. The journal’s website reports an acceptance rate of 4 percent.

 

Professor Zhao Published in Journal of Monetary Economics

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Professor Zhao’s paper “The Chinese Saving Rate: Long-Term Care Risks, Family Insurance, and Demographics” has been accepted for publication in the Journal of Monetary Economics, a top macro journal.

In this article, Professor Zhao and his coauthor find that the combination of the risks faced by the elderly and the deterioration of family insurance due to the one-child policy is an important cause of the increase in China’s saving rate since 1980. This paper is the first major paper growing out of their research agenda on the Chinese economy and its implications for the rest of the world.

Professor Zhao’s article can be found at his website:  https://sites.google.com/site/kaijackiezhao/research