The Department of Economics Congratulates Our 2013 PhD Graduates(l-r): Seyed Ali Madani Zadeh, Fernando Perez Cervantes, Cindy Yuan, Victoria Baranov, Serhiy Kozak, Rui Mano, Hays Golden, Marina Niessner, Amanda Agan, Mickey Ferri, Prof. Ali Hortaçsu, Prof. Hugo Sonnenschein, Daniel Ramsey, J. Anthony Cookson, Chae Hee Shin, Chungsang (Tom) Lam, Ty Turley, Miriam Gensowski, Laura Pilossoph, Thorsten Drautzburg, Hua (Ken) Chai. Not shown: David A. Smith, Jorg Spenkuch, Ethan Lieber, Diogo Palhares, Brian Weller.
(Photograph by Chris Agan. Click here to enlarge.)
Lucas, Robert E. 2013. American Economic Review, 103(3): 43-47.
Posner, Eric, and E. Glen Weyl. 2013. American Economic Review, 103(3): 393-97.
Fryer, Roland G., and Steven D. Levitt. 2013. American Economic Review, 103(2): 981-1005.
DellaVigna, Stefano, John A. List, Ulrike Malmendier, and Gautam Rao. 2013. American Economic Review, 103(3): 586-590.
The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds
Cassola, Nuno, Ali Hortacsu, and Jakub Kastl. 2013. Econometrica, 81(4): 1309-1345.
Weyl, E. Glen and Michal Fabinger. 2013. Journal of Political Economy, 121(3): 528-583.
Weyl, E. Glen and Jean Tirole. 2012. Quarterly Journal of Economics, 127(4): 1971-2003.
Myerson, Roger. 2012. Journal of Political Economy, 120(5): 847-78.
Barlevy, Gadi, and Derek Neal. 2012. American Economic Review, 102(5): 1805-1831.
Hortacsu, Ali and Jakub Kastl. 2012. Econometrica, 80(6): 2511-42.
Alvarez, Fernando, Luigi Guiso, and Francesco Lippi. 2012. American Economic Review, 102(5): 2272-2300.
De Los Santos, Babur, Hortacsu, Ali, and Matthijis R. Wildenbeest. 2012. American Economics Review, 102(6): 2955-80.
DellaVigna, Stefano, John A. List, and Ulrike Malmendier. 2012. The Quarterly Journal of Economics, 127(1): 1-56.
Kitamura, Yuichi, Andres Santos, and Azeem M. Shaikh. 2012. Econometrica, 80(1): 413-23.
Andersen, Steffen, Seda Ertaç, Uri Gneezy, Moshe Hoffman, and John A. List. 2011. American Economic Review, 101(7): 3427–39.
Alvarez, Fernando E., Francesco Lippi, and Luigi Paciello. 2011. The Quarterly Journal of Economics, 126(4): 1909-1960.
Carneiro, Pedro, James J. Heckman, and Edward J. Vytlacil. 2011. American Economic Review, 101(6): 2754–81.
Economics Department Welcomes New Faculty Member
We are pleased to announce that Michael Greenstone (Princeton) will be joining us on July 1, 2014 in the rank of Professor in the Department of Economics and the College. Michael will also serve as Director of the interdisciplinary Energy Policy Institute at Chicago. He began his career in 2000 as an Assistant Professor in our department. He left in 2003 to accept an Associate Professor position at MIT. In 2009-10, he served as the chief economist at the White House's Council of Economic Advisers. Full story here.
Ronald Coase Institute Receives 2013 Fisher Award
The Atlas Network announced its 2013 Sir Antony Fisher International Memorial Award winner, the Ronald Coase Institute, for the book "How China Became Capitalist," written by late Professor Ronald Coase and co-author Ning Wang. Dr. Wang accepted the prize on behalf of the Institute at the Nov. 13th ceremony in New York City. More details here.
Hansen Receives Nobel Prize
The Department of Economics proudly announces that Professor Lars Peter Hansen, David Rockefeller Distinguished Service Professor, has received the Nobel Prize in Economic Sciences. Hansen pioneered the development of econometric methods to tackle the world's most difficult questions. He has applied these methods to study the determinants of consumption, savings and security market prices, lending powerful insights into how various policy proposals affect the economy. His seminal paper, "Large Sample Properties of Generalized-Methods of Moments Estimators," importantly altered the landscape for how empirical research is done in finance and macroeconomics. Hansen shares this year's prize with fellow University of Chicago Professor Eugene F. Fama. Video, slideshow and full story here.
Ali Hortacsu Elected Fellow of the Econometric Society
Ali Hortacsu has been elected Fellow of the Econometric Society. View the complete list of 2013 members at www.econometricsociety.org/newfellows.asp .
Myerson Receives Oskar Morgenstern Award
Professor Roger Myerson has been named recipient of the Oskar Morgenstern Award from the Society for the Advancement of Economic Sciences at the University of Vienna. The prize was established to honor an outstanding economist whose work is closely connected to the writings of Oskar Morgenstern, one of the co-founders of game theory.
Economics Department Welcomes New Faculty Member
We are pleased to announce that Stephane Bonhomme (University of Paris I) will be joining us on November 1, 2013 in the rank of Professor in the Department of Economics and the College. Stephane is currently a Professor at the Center for Monetary and Financial Studies (CEMFI) in Madrid. His research focuses on labor economics, microeconometrics and econometric theory.
Beijing Conference Launches Collaborative Global Study of Inequality
James Heckman, the Henry Schultz Distinguished Service Professor of Economics and Director of the Economics Research Center and the Center for Social Program Evaluation at the Chicago Harris School of Public Policy, convened the 6/17 Conference on the Study of Inequality in Beijing, China, co-sponsored by the Human Capital and Economic Opportunity (HCEO) Global Working Group, the University of Chicago Center in Beijing and the China Center for Economic Research at Peking University. The conference opened a week of events designed to provide economists robust new tools for measuring and assessing inequality, and an intensive summer training session for graduate students. Read full story.
Weyl and Posner's Antidote for 'Poison Pills'
E. Glen Weyl and Eric Posner propose a QVB (quadratic vote buying) solution to the potential pitfalls of shareholder-rights plans, in the New York Times Dealbook's "How to Make 'Poison Pills' Palatable."
The University of Chicago Economics Department and the Becker Friedman Institute will soon call a new campus location home: 5757 S. University Avenue, the former home of the Chicago Theological Seminary and the Seminary Co-op Bookstore, will re-open in 2014 with many new features and upgrades, including a cloister café, LEED certification, high-tech classrooms in old library and chapel areas, and more. (Image courtesy Ann Beha Architects)
Gary Becker Gives Keynote Speech at 3rd Annual CME Group Lecture on Global Financial Markets
Professor Gary Becker presented "Will America Retain Its Economics Leadership?", the Keynote Speech at the Third Annual CME Group Lecture on Global Financial Markets, hosted by the Chicago Council on Global Affairs, Thursday April 18th at the Ritz-Carlton Chicago. For more information, please visit The Chicago Council.org.
Economics Department Welcomes New Faculty Members
We are pleased to announce that Felix Tintelnot (Pennsylvania State University) and Magne Mogstad (University of Oslo) will be joining us in 2014 as Assistant Professors in the Department of Economics and the College. Magne, who will be joining us January 1st, 2014, is currently an Assistant Professor at University College of London. His research focuses on applied microeconomic theory and empirical microeconomics, specifically in the area of labor economics, household economics and testing general consumer theory. Felix will be joining us on July 1, 2014, after a one-year International Economics Section Fellowship at Princeton University; his research focuses on international trade and industrial organization.