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Aaron Cooke

Recent PhD Graduates Publish on Wealth Inequality

Posted on August 5, 2024August 6, 2024 by McConnel, Mark

Umesh Ghimire

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

Kai Zhao

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

Econ PhD Alumnus is Chief Economist for Macro Policy at the CEA

Posted on December 30, 2020February 12, 2021 by McConnel, Mark

Aaron Cooke, a 2018 PhD graduate of the UConn Department of Economics, recently became the Chief Economist for Macroeconomic Policy at the Council of Economic Advisers (CEA).

The CEA, an agency within the Executive Office of the President, is charged with offering the President objective economic advice on the formulation of both domestic and international economic policy.

Aaron earned his PhD degree from the Department of Economics in 2018, specializing in macroeconomics and public policy. His PhD dissertation, “Three Essays on Wealth and Income Inequality”, studied the causes of U.S. wealth and income inequality, and was completed under the supervision of Professor Kai Zhao.

Prior to joining the CEA, Aaron was an economist at the Office of Management and Budget.