Olivia DrakeRichard Grossman, professor of economics, authored a blog post on the Vox CEPR website with Gareth Campbell and John Turner (Queen’s University Belfast) titled, “New monthly indices of the British stock market, 1829-1929." Although long-run stock market data are an important indicator, obtaining them is challenging. This column constructs new long-run broad-based indices of equities traded on British securities markets for the period 1829-1929 and combines them with a more recent index to examine the timing of British business cycles and compare returns on home and foreign UK investment. One finding is that the capital gains index of blue-chip companies…
A film written, directed, and produced by Peabody Award winner Randall MacLowry '86 tells the story about the most famous family conflict in American history—the Hatfield-McCoy feud. The one-hour documentary titled "The Feud" premiered Sept. 10 on PBS and PBS.org as part of the station's American Experience programming. Watch the film's trailer online. MacLowry also is a new assistant professor of the practice in film studies. He's teaching the course Advanced Filmmaking this fall. The clashes between the Hatfields and the McCoys evolved into a mythic American tale of jealousy, rage, and revenge—a story that helped create the negative “hillbilly”…
On Sept. 3, during the first faculty meeting of the fall semester, three Wesleyan professors were honored with the Wesleyan Prize for Excellence in Research. The faculty-nominated prize is presented to members of the faculty who demonstrate the highest standards of excellence in their research, scholarship, and contributions to their field. Interim Provost and Senior Vice President for academic affairs Rob Rosenthal acknowledged the recipients during the faculty meeting. Each winner received a plaque and funding for his or her research. This year's recipients include: Natasha Korda, professor of English, plays a highly visible role in keeping scholarship on Renaissance…
The rare Guadalupe fescue once thrived in abundance atop mountains spanning the Texas-Mexico border, however, the desert-growing perennial grass is now so endangered, it only flourishes in two locations on Earth. The rapid population decline is leaving scientists puzzled. "Developing an effective recovery plan is essential for protecting Guadalupe fescue, however, the lack of basic information about this species’ ecology is a serious barrier to that goal," explained Helen Poulos, adjunct assistant professor of environmental studies. "Urgent action is needed to stabilize the two extant populations." This summer, under Poulos's leadership, Wesleyan received a National Park Service Grant to study…
A summary of Assistant Professor of Economics Gillian Brunet’s dissertation, “Understanding the Effects of Fiscal Policy: Measurement, Mechanisms, and Lessons from History,” was published in the June issue of the Journal of Economic History. She wrote the paper while pursuing her PhD in economics at the University of California, Berkeley. The global recession of 2008 and the resulting fiscal stimulus packages in many countries have reignited academic interest in government spending multipliers. Despite a growing theoretical and empirical literature, there is little consensus on the impact of government spending on macroeconomic aggregates. Gillian Brunet’s dissertation makes significant contributions to this…
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…
A paper written by Kaitlyn Thomas-Franz ’20 was the recipient of the 2018–19 Lebergott-Lovell Prize for the best paper written for a course that uses empirical techniques to analyze an economic problem. Thomas-Franz wrote the paper “The 1918 Influenza Epidemic and U.S. Female Labor Force Participation" while she was taking Macroeconomic Analysis during the spring 2019 semester. The class was taught by Gillian Brunet, assistant professor of economics. Honorable mentions included Qiyuan Zheng ’20 for a paper titled “FPI in Emerging Markets: Does the Equity Home Bias Theory Extend?” and Dominic Oliver ’19 for a paper titled “The Determinants of…
The Class of 2023 gathered in Memorial Chapel on Aug. 29 for a Getting Good Advice workshop presented by Wesleyan's Academic Peer Advisors and Deans Laura Patey and Jennifer Wood. Academic Peer Advisors are juniors and seniors who work during New Student Orientation and throughout the academic year to enhance student access to academic resources and academic life. They meet one-on-one with students to provide peer advice regarding topics such as time management, organization, study strategies, and other academic skills. In addition, peer advisors lead workshops in residence halls and with student groups on topics such as metacognitive learning strategies, public…
On Aug. 28, 781 members of the Class of 2023—along with their families—flocked to campus for Arrival Day. Hauling armfuls of personal belongings and comforts from home, students settled into their new home-away-from-home amid fond (and a few teary) farewells. President Michael Roth '78 provided a personal welcome, helping carry students' belongings into residence halls and offering warm greetings to the new members of the Wesleyan family. Athletic teams also helped carry the load, hoisting plastic tubs of cold-weather clothing and draped bedding over their shoulders. Clark Hall volunteers had organized their sidewalk space, chalking it into squares labeled with…
This fall, Wesleyan welcomes 140 first-year international students to campus. They hail from 37 countries including Ghana, Austria, India, Taiwan, South Korea, Azerbaijan, United Arab Emirates, Cambodia, Iran, Zimbabwe, China, and Senegal. This year, for the first time in Wesleyan's history, the University welcomes students from Burundi and Cambodia. (more…)
Wesleyan welcomes 162 graduate students to campus this fall, of which 60 are new. Of these: 23 new students are enrolled in the BA/MA programs in biology, chemistry, computer science, molecular biology and biochemistry, neuroscience and behavior, physics, and psychology. 13 new students are enrolled in a two-year MA program in astronomy, earth and environmental sciences, and music. (more…)