David PesciJohn Bonin, the Chester D. Hubbard Professor of Economics, authored this year’s President’s Address for the Association of Comparative Economic Studies, "From Reputation amidst Uncertainty to Commitment under Stress: More than a Decade of Foreign-Owned Banking in Transition Economies." The address appears in Comparative Economic Studies, Vol. 52, No. 4 pp. 465- 494, December 2010.
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Richard Grossman, professor of economics, is the co-author of “International Aspects of the Great Depression and the Crisis of 2007: Similarities, Differences, and Lessons,” published in the Oxford Review of Economic Policy 26(3), November 2010, pp. 318-338.
So much has been written about the recession that befell the country in the late summer of 2008. It was "unprecedented;" it "caught experts by surprise;" "virtually no one saw it coming." After all, a recession triggered by a major segment of the economy that was vulnerable to speculation, occurring during a time of high government deficits, cuts in interest rates, and tax reductions combined with dramatic increases in federal spending? When has that happened before? “Dozens of times, if not more, during the last one hundred and fifty years or so,” says Richard Grossman, professor of economics, economic historian…
The Department of Economics welcomes William “Bill” Craighead, assistant professor. Craighead is an expert on international economics, open-economy macroeconomics and economic history. “I’m currently researching how exchange rate policy affects employment in different sectors of the economy,” he says. In addition to his research, he is teaching an upper-level elective, International Trade, and a core course called Macroeconomic Analysis. "This is a particularly exciting time to be studying macroeconomics," he says. "While the economic slump has unfortunately brought a great deal of hardship to many people, it has raised a number of issues that I can discuss with the students…
Jacobsen says gender disparity suffuses the job market, but unemployment is affecting more men
Richard Grossman, professor of economics, is the author of the book, Unsettled Account: The Evolution of Banking in the Industrialized World since 1800, published by Princeton University Press in June 2010. The 400-page book provides a comparative history of banking focusing on four types of events that have been central to the lifecycle of banking systems: crises, bailouts, mergers and regulatory reform.
Charles Kurose ’10 who graduated in May with a degree in economics, discusses what it is like to go from the very top of one social system – being a college senior – to the very bottom of a new system: the job market and an entry level position, in a June 15 Wall Street Journal article. "The transition from college to the workforce is a watershed in your life, where you leap from the peak of one totem pole to clutch at the bottom of a new one," he writes. "You find yourself in a new setting with new…
Richard Grossman, professor of economics, was interviewed on “The Gold Standard and the Eurozone Crisis” by Voxeu.eu.
Richard Grossman, professor of economics, presented a paper, co-authored with Chris Meissner (University of California at Davis), titled, “International Aspects of the Great Depression,” at a conference on Lessons from the 1930s Great Depression for the Making of Economic Policy, hosted by the British Academy in London on April 16-17. Grossman also served as a discussant for a paper on “The Political Lessons of Depression-Era Banking Reform.” Conference papers are available online.
Damien Sheehan-Connor, assistant professor of economics, received an $88,747 grant from the National Science Foundation (NSF) for his study titled "Bone Marrow Registries and Donor Motives." This grant, subcontracted with the University of California, Santa Barbara, will be applied over three years.
John Bonin, the Chester D. Hubbard Professor of Economics and Social Science, tutor in the College of Social Studies, is the co-author of "Banking in Transition Countries, Chapter 33 in the Oxford Handbook of Banking. The book is published by Oxford University Press, Oxford U.K., 2010, pages 844–867.