At the recent Allied Social Science Associations (ASSA) meeting in Atlanta, GA, Professor Kathy Segerson was awarded the 2009 Publication of Enduring Quality Award by the Association of Environmental and Resource Economists (AERE). This award, instituted in 1989, is given annually to the author(s) of a publication that is deemed to have had a lasting and significant impact on the field of environmental and natural resource economics. Professor Segerson received the award for her paper entitled “Uncertainty and Incentives for Nonpoint Pollution Control,” which was published in the Journal of Environmental Economics and Management in 1988. During the award ceremony, the presenter of the award noted that “Dr. Segerson’s paper was the first to incorporate the fundamental characteristics of nonpoint source pollution into a formal theoretical model to study efficient tax schemes.” This paper proposed an innovative policy approach to controlling agricultural production based on observations of ambient water quality, which some have termed the “Segerson mechanism”. In recent years, it is spawned a number of studies that have examined the incentives created by this mechanism and related ambient-based policies using economic laboratory experiments.
Department seeking to fill position in Economic Rights
The Department of Economics, in the College of Liberal Arts and Sciences and the Human Rights Institute (HRI) – at the University of Connecticut seek to fill a tenure track faculty position in Economic Rights at the Assistant Professor level beginning August 23, 2010. Duties will include teaching, research and service. The successful applicant must demonstrate: (1) the potential for research excellence in Economics and Human Rights, (2) willingness to contribute to the development of economic courses appropriate for the new human rights major, (3) the drive to actively seek external funds to support their scholarly activities and (4) ability to contribute through research, teaching, and/or public engagement to the diversity and excellence of the learning experience Teaching responsibilities on the graduate and undergraduate levels will be in both the Department of Economics and the Human Rights Institute. The successful candidate will also have the opportunity to participate in and help shape a range of interdisciplinary programs based at HRI and throughout the College of Liberal Arts and Sciences. Depending upon appointment, candidates may work at the University of Connecticut’s main campus located in Storrs, and/or the campuses at Avery Point, Hartford, Stamford, Torrington, Waterbury, and West Hartford, as well as the Health Center in Farmington.
Candidates must have completed all requirements for a Ph.D. in Economics by August 23, 2010. Equivalent foreign degrees are acceptable. Salary will be commensurate with background, qualifications, and experience.
Please submit letter of interest, CV, three letters of reference and writing sample by March 1, 2010 to: Economics-HRI Search Committee, Department of Economics, Unit 1063, University of Connecticut, 341 Mansfield Road, Storrs, CT 06269-1063 or send material as email attachment (one single pdf document) to: rosanne.fitzgerald@uconn.edu Applications will be reviewed until the position is filled. (Search # 2010231)
CLAS faculty snapshot features Prof. Segerson
Kathleen Segerson (IDEAS), has worked as an environmental economist for 25 years. She is an elected fellow of the Association of Environmental and Resource Economists and is known for developing the Segerson mechanism, a policy for rewarding or penalizing farmers as a group for their agricultural pollution runoff. She is a science advisory board member for the Environmental Protection Agency and vice chairs a committee on how to value the impact of EPA rules on ecosystems.
Listen to the podcast of this snapshot.
BA Alumnus endows fund for Honors Program
An alumni couple who felt compelled to give back to the University of Connecticut for the education they received will now make a similar difference in the lives of future honors students. Robert ’68 and Carlotta ’68 Holster have contributed more than $1 million to fund an endowment for the Honors Program.
“Building on the quality of our outstanding Honors Program is a key strategy to attract the very best and brightest students to the University of Connecticut. This wonderful gift will enable us to expand the opportunities for students to have a truly enriched experience, and will enable us to provide the quality of undergraduate education that our top students have come to expect,” says Provost Peter Nicholls.
A self-described “curious but indifferent” student when he started college, Mr. Holster was excited by the Honors Program. He credits his professors during his first year with inspiring a lifelong passion for learning and preparing him for success throughout his life.
“They were talented, engaged with their material and their students, and it was infectious,” Mr. Holster recalls. “Those freshman courses in economics, English literature and history armed me with models for thinking about things that assisted me later in the Army and in graduate school, and remain relevant to this day in business.”
After graduating from UConn with a B.A. in economics, Mr. Holster served as a lieutenant in the U.S. Army and then earned an M.B.A. from Columbia University, where he was a Samuel Bronfman fellow. He is chairman of the board and former chief executive officer of HMS Holdings Corp. HMS coordinates health care benefits between government entitlement programs (e.g., Medicaid) and the health insurance industry, working with more than 40 states and the federal government. Mr. Holster was elected to the UConn Foundation’s Board of Directors in 2009.
Read more at the University of Connecticut Foundation.
Timothy A. and Beverly C. Holt Economics Fellowship established
Timothy Holt ’75, chairman of the Board of Directors of the University of Connecticut Foundation, is supporting his two great passions—economics and Huskies basketball—with a major campaign gift. Holt and his wife, Beverly, have committed $401,000 including $150,000 to establish the Timothy A. and Beverly C. Holt Economics Fellowship and $251,000 toward the fund for a new basketball practice facility.
Holt, retired senior vice president and chief investment officer at Aetna, credits his education at UConn for helping with his professional success. He was elected to the Foundation’s board in 2001 and assumed the chairmanship in 2009. Additionally, he was inducted into the UConn School of Business Hall of Fame in 2005.
“I received my education at UConn, and I’m grateful for that. That’s why I’m giving back. I’d like to help other people receive as good an education as I did,” Holt says. “UConn stands out for its ability to give people the opportunity to receive an excellent education.”
Holt, who earned a B.A. in economics from UConn and an M.B.A. from the Tuck School of Business at Dartmouth College, wanted to support an area the economics department is seeking to expand. The Holt Economics Fellowship will provide essential support for graduate students who are conducting research, teaching undergraduate classes and preparing to be the next generation of leaders in the field.
“When I was an undergraduate student at UConn, I majored in economics, and so I wanted to do something that would benefit the economics department. We talked to them about what would be the most helpful in achieving their strategic goals. Graduate student support is one of their highest priorities,” Holt says.
Read more at the University of Connecticut Foundation
Department has strong presence at ASSA meetings in Atlanta
The annual meeting of the Allied Social Science Associations in early January is the big meeting place of economists, about 11,000 are expected this year. Many members of the department will be in attendance, and quite a few will be presenting their research, see the list below. Note that the department is not organizing a reception this year, but an informal gathering will happen on Monday January 4th, 8:30pm, at the Westin Peachtree Plaza (210 Peachtree St.). We will be heading to a restaurant thereafter.
Jan. 3, 8:00 am, Atlanta Marriott Marquis, International C (American Economic Association)
Low-Skilled Immigration and Work-Fertility Tradeoffs Among High-Skilled U.S. Natives
Delia Furtado (University of Connecticut)
Heinrich Hock (Florida State University)
Jan. 3, 10:15 am, Hilton Atlanta, Room 211 (American Economic Association and Association of Environmental and Resource Economists)
Combining Environmental and Development Goals: Strategies for Moving Forward (Panel Discussion)
Presiding: Kathleen Segerson (University of Connecticut )
Christopher Barrett (Cornell University)
Ariel Dinar (University of California-Riverside)
Paul Ferraro (Georgia State University)
Charles Perrings (Arizona State University)
Ma Zhong (Renmin University, China)
David Zilberman (University of California-Berkeley)
Jan. 3, 10:15 am, Hilton Atlanta, Room 306 (Society of Government Economists)
Measurement Issues in the Labor Market
Kenneth Couch (discussant, University of Connecticut)
Jan. 3, 12:30 pm, Atlanta Marriott Marquis, M103 (National Association of Economics Educators)
Student Performance in Traditional vs. Online Format: Evidence from an MBA Level Introductory Economics Class
Oskar Harmon (University of Connecticut)
James Lambrinos (Union University)
Jan. 3, 12:30 pm, Atlanta Marriott Marquis, M303 (Omicron Delta Epsilon)
The Impact of Population Density on Technology, Productivity of Human Capital and Growth
Juan-Pedro Garces (University of Connecticut)
Jan. 4, 10:15 am, Atlanta Marriott Marquis, L508 (American Economic Association)
Measuring Employment Transitions and Mass Layoffs with Administrative Data
Kenneth Couch (University of Connecticut)
Dana Placzek (Connecticut Department of Labor)
Jan. 4, 10:15 am, Hilton Atlanta, Room 206 (American Real Estate and Urban Economics Association)
Urban Labor Markets
Stephen Ross (discussant, University of Connecticut)
Jan. 4, 2:30 pm, Hilton Atlanta, Room 210 (Association of Indian Economic and Financial Studies)
Profit Efficiency and Return on Equity in Banking: Evidence from India
Subash Ray (University of Connecticut)
Abhiman Das (Reserve Bank of India)
Kankana Mukherjee (Babson College)
Jan. 5, 1:00 pm, Atlanta Marriott Marquis, L402 (American Economic Association)
Malaria Policy: Alternative Prevention and Eradication Strategies in a Dynamic Model
Douglas Gollin (Williams College)
Christian Zimmermann (University of Connecticut)
Preliminary Spring seminar program released
The UConn Department of Economics pursues an active seminar program to allow outsiders to present their latest research as well as local faculty and students to run their latest output by their colleagues. For this Spring term, the preliminary program has been posted. Among the regular activities are:
- the seminars, typically given by faculty from outside the university, are given Fridays at 3:30pm and run for 90 minutes;
- the brownbags are scheduled for Tuesdays at 12:30pm this term and run for 45-60 minutes. Usually, local faculty and students present their work in an informal setting. Bring your lunch;
- the macro workshop is set for most Wednesdays at 12:20pm, with presentations on macroeconomics, broadly defined, and sometimes on very preliminary research. Bring your lunch, and non-macroeconomists are also welcome;
- Other, irregular activities are also listed on the seminar page. They include the Austin Forum, a new event sponsored by the Austin Chair in Economics, and a reunion of graduate alumni.
Winter 2010 Issue of The Connecticut Economy Highlights Education and Economic Recovery
Like other states, Connecticut is still wrestling with the effects of the current recession. The latest issue of The Connecticut Economy, published by the Department of Economics, features Managing Editor Steven Lanza’s analysis of state-level economic resilience. Using the 2001 recession as a source of data, he finds that a variety of factors help to explain the difference in recovery time across the 50 states. He estimates several models that account for about two-thirds of the variation in recovery times in the earlier recession, but unfortunately none of the models points to a very quick recovery for Connecticut in the current recession.
Co-editor Arthur Wright diagnoses how President Obama’s stimulus bill has made a difference in education and transportation in Connecticut, both important sectors for long-run growth. Wright also questions what might happen when state taxpayer funds are used to replace the federal stimulus dollars to sustain ongoing projects and programs. The centerfold map of the Winter issue shows the variation in federal stimulus spending per person across the state’s 169 towns. As of November, the heaviest stimulus spending per capita had occurred in poorer urbanized areas and towns with considerable transportation infrastructure.
Connecticut, like other states, has recognized the long-term role of education in determining a state’s quality of life and economic performance. A guest commentary from Michael P. Meotti, Commissioner of the Connecticut Department of Higher Education, argues for increasing the educational attainment of the state’s citizens, emphasizing that “the knowledge and skills of our people will be the driving force of the Connecticut economy over the long term.” Two of the issue’s articles assess various aspects of the state’s educational system.
With nearly 58 percent of all Connecticut municipal spending earmarked for schools, recent cutbacks have forced educators to make do with less. Yet, despite these fiscal pressures, a study measuring the efficiency of the state’s high school districts, by co-editor Dennis Heffley and UConn graduate student Can Bekaroglu, finds that many districts fare well in preparing students for the SAT Reasoning Test—a primary “assessment tool” used by colleges and universities to evaluate readiness for higher education. Many regional high school districts and some of the familiar “premier” districts top the efficiency list, but a few districts with more modest SAT results are still quite efficient in improving the relative performance of their students. The value-added measure of performance used in the study helps to control for “student inputs,” but further analysis of the results indicates that socioeconomic factors and district size affect the measure of efficiency.
Connecticut boasts 42 colleges and universities and higher-ed enrollment exceeding 180,000; and it is near the top of the class when it comes to educational attainment—4th among states in the share of adults with at least a bachelor’s degree (34.8%) and 3rd in the share of advanced degree holders (15.1%). But contributing editor Bruce Blakey and his son, Robert, point out that there is still plenty of room to improve education in the Nutmeg State. International comparisons have raised concerns about the quality of U.S. education in areas like math and science, although such comparisons sometimes fail to control for the fraction of youth attending school or being tested. Closer to home, however, broad disparities in student backgrounds and resources across the state’s 169 towns result in big differences in test scores, graduation rates, and college attendance.
For free access to this and other issues of The Connecticut Economy, visit: http://cteconomy.uconn.edu/.
Prof. Couch named Associate Editor of JPAM
Prof. Couch has recently been named associate editor of the Journal of Policy Analysis and Management (JPAM). This is the official journal of the Association for Public Policy Analysis and Management, a national association of public policy analysts and managers. JPAM is considered by most to be the top public policy journal in the United States.
Economics Major Wins Outreach Award
Joseph Antelmi, an Honors student majoring in Economics, is the 2009 student recipient of the Provost’s Award for Excellence in Public Engagement. Provost Peter Nicholls announced the winners of the awards at a reception on December 9.
A resident of Suffield, Joe is active in a wide variety of outreach and engagement. He is on the board of directors of the Hartford non-profit End Hunger CT!, and has been involved with numerous public-interest organizations both on and off campus. The son of Italian immigrants, Joe is especially interested in immigration issues, and worked as a research assistant for History Professor Mark Overmeyer-Velasquez in creating an Honors course on migrant workers in Connecticut.
Joe has received a number of other University awards, including the Spirer/Drucker Humanitarian Award and the Audrey Beck scholarship, the latter given by the Economics Department. He was also one 14 students chosen for the 2009 UConn Leadership Legacy Experience, an endowed program that identifies and mentors top student leaders on campus. (Another Economics major, Phil Gorecki, is also in the 2009 Legacy cohort, and junior major Rafael Perez-Segura has been chosen for the 2010 cohort.)
Joe is carrying a 3.9 grade-point average, and was a University nominee for the Rhodes, Marshall, Mitchell, and Truman scholarships. Next semester he will be studying abroad in Greece. And in what little spare time he has, he fronts a rock group called Exit 47.