Tag Archive for economics

Yohe Quoted in The New York Times

Gary Yohe, the Woodhouse/Sysco Professor of Economics, was quoted in a Nov. 3 New York Times article titled “Obama Administration Weighs Costs of Doing Nothing.”

The article examined the Obama Administration’s inaction on significant climate change measures and how it is “struggling to reach its own conclusion,” a stark difference from the President’s campaign rhetoric of speedy action on climate change issues. The sticking point appears to be the cost versus benefit calculations or “social costs” of deciding whether to enact specific measures.

Yohe says, in part, that the difficulty lies in objectively quantifying these costs.

“You can’t really quantify the social costs of carbon with any degree of confidence. You can get just about any number you want to, depending on the assumptions you use. That’s why EPA struggles so much,” said Yohe.

Skillman Speaks on State of the Economy to WNPR

Gil Skillman

Gil Skillman

Gil Skillman, chair and professor of economics, was a featured guest on WNPR’s “Where We Live” discussion on the general state of the economy one year after the demise of Lehman Brothers and the onset of the recession.

Skillman and two other economists discuss what led to the collapse and point out some of the danger points that have been under-reported in the newsmedia and have yet to be addressed by the Federal Government.

Yohe Cited In USA Today Article on Global Warming

Gary Yohe, the Woodhouse/Sysco Professor of Economics, is quoted in an Aug. 21 USA Today article titled “Poor communities hit hardest by global warming.”

The article focuses on a study produced by the 2007 Intergovernmental Panel on Climate Change (IPCC) report about its economic forecasts. Yohe is an author on the IPCC report.

“IPCC identified the poor, the elderly, and the very young as the most vulnerable categories of people on the planet … regardless of location, as Katrina and the European (2003) heat wave taught us,” Yohe says in the article. “Nonetheless, the most vulnerable are more likely to live in developing countries where they face multiple stresses. For many, climate change itself is a source of multiple stress because it is manifest in so many different ways.”

Grossman Speaks on Recession to Fox Business Radio

Richard Grossman, chair of the Economics Department and professor of economics,  appeared on Fox Business Radio on May 22, 2009. In the news segment, Grossman speaks on the historical recession and offers his views on how the country got to this point, how we will emerge from the problem and where are the opportunities.

Hornstein Chairs Session at International Industrial Conference

Abigail Hornstein, assistant professor of economics, chaired a session and presented her papers “Where A Contract Is Signed Determines Its Value: Chinese Provincial Variation In Utilized vs. Contracted FDI Flows” and “Corporate Capital Budgeting Decisions and Information Sharing” (the second of these co-authored with Minyuan Zhao) at the International Industrial Organization Conference at Northeastern University on April 4.

Grossman Quoted in Dow Jones Newswire

Richard Grossman, chair and professor of economics, was quoted in “Narrow Spreads Strangling Triple-A Appeal,” by Steven D. Jones, Dow Jones Newswire “In the Money” column, March 19, 2009.

Grossman also gave radio interviews on the Treasury rescue plan on March 23 to WFLA (Tampa, FL),  KFAQ (Tulsa, OK), KVI (Seattle, WA), KTRH (Houston, TX), and KOGO San Diego, CA.

Kannam Speaks at Economy, Finance Seminar for Middlesex Chamber

Tom Kannam

Tom Kannam

Tom Kannam, vice president and chief investment officer, was a guest speaker at the Middlesex Country Chamber of Commerce’s Young Professionals Alliance Economy and Finance Seminar on Feb. 24. Jeff Pugliese, staff liaison to the Young Professionals Alliance, said Kannam “provided great insight at a time when the economy is on every one’s mind.”