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Editorial StaffMarch 4, 20212min
The following faculty were conferred tenure, effective July 1, 2021 by the Board of Trustees at its most recent meeting: David Kuenzel, associate professor of economics; Michelle Personick, associate professor of chemistry; and Olga Sendra Ferrer, associate professor of Spanish. In addition, one faculty member was promoted, effective July 1, 2020: Valerie Nazzaro, associate professor of the practice in quantitative analysis. Brief descriptions of their areas of research and teaching appear below: David Kuenzel’s scholarship focuses on international trade and economic growth. In his research, he analyzes nations’ trade policies, trade flows, and economic growth in connection with the policies…

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Olivia DrakeMay 10, 20201min
David Kuenzel, assistant professor of economics, is the author of a paper titled "WTO Tariff Commitments and Temporary Protection: Complements or Substitutes?" The paper was published in the January issue of the European Economic Review. In the paper, Kuenzel investigates the link between traditional tariff instruments and temporary protection measures (antidumping, safeguard, and countervailing duties). There is a long-held notion in the trade policy community that most-favored-nation (MFN) tariffs and temporary protection measures are substitutes. Despite this prediction, there is only mixed empirical evidence for a link between MFN tariff reductions and the usage pattern of antidumping, safeguard, and countervailing…

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Olivia DrakeAugust 30, 20193min
David Kuenzel, assistant professor of economics, is the co-author of a new paper published in the July–August issue of International Journal of Forecasting titled “Forecasts in Times of Crises.” In the paper, Kuenzel and his co-authors examine the International Monetary Fund’s (IMF) forecast accuracy of 29 key macroeconomic variables for countries in times of economic crises. In general, forecasts of the IMF add substantial informational value as they outperform naive forecast approaches. However, the paper also documents that there is room for improvement: Two-thirds of the examined macroeconomic variables are forecast inefficiently, and six variables (growth of nominal GDP, public…

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Olivia DrakeSeptember 4, 20182min
David Kuenzel, assistant professor of economics, is the coauthor of a new paper published in the September 2018 Journal of Macroeconomics titled, “Constitutional Rules as Determinants of Social Infrastructure." In the paper, Kuenzel and his coauthors, Theo Eicher from the University of Washington and Cecilia García-Peñalosa from Aix-Marseille University, investigate the link between constitutional rules and economic institutions, which are a key driver of economic development and economic growth. Kuenzel and his coauthors find that the determinants of economic institutions (or social infrastructure) are much more fundamental than previously thought. In addition to constitutional rules that constrain the executive, highly detailed…

Olivia DrakeNovember 20, 20162min
David Kuenzel, assistant professor of economics, is the author of a new paper published in the European Economic Review titled "WTO Dispute Determinants." In the paper, Kuenzel investigates what factors drive the decisions of World Trade Organization member countries to engage in trade disputes with each other. "Understanding the determinants of the dispute pattern is crucial, since the WTO can only function properly if its dispute settlement mechanism is equally accessible to all member countries," Kuenzel said. The paper presents a new theory and empirical evidence to show that trade policy flexibility, which is defined as the difference between the…

Olivia DrakeSeptember 22, 20161min
David Kuenzel, assistant professor of economics, is the co-author of a new paper published in the Canadian Journal of Economics titled "The Elusive Effects of Trade on Growth: Export Diversity and Economic Take-off." In the paper, Kuenzel and his co-author, Theo Eicher from the University of Washington, investigate whether the diversity of countries' export portfolios affects their economic growth performance. In the paper, Kuenzel and Eicher propose a structured approach to trade and growth determinants based on recent advances in international trade. The results show that export diversity serves as a crucial growth determinant for low-income countries, and the effect…