Noteworthy
Department of Economics
Department News
Aleh Tsyvinski ('03 ) has won a 2007 Sloan Research Fellowship.
Adam Galambos ('04) has won a postdoctoral Lawrence Fellowship. The Lawrence Fellows program is intended to provide recent Ph.D. recipients with mentoring relationships, teaching opportunities, and research collaborations designed to better prepare them for professorial careers at selective liberal arts colleges.
Lars Peter Hansen ('78) won the 2006 Nemmers Prize. Now four out of the seven Nemmers winners have Minnesota connections: Tom Sargent and Ed Prescott as former faculty and Daniel McFadden ('62 ) and Lars Peter Hansen as alumni.
Masahiko Aoki ('67) has recently become the President-Elect of the International Economic Association and will become President for 2008-11.
Geir H. Haarde (MA '77 ) is currently serving as the Prime Minister of Iceland.
Ed Schuh was inaugurated into the National Order of Scientific Merit by the Brazilian Academy of Science and the Ministry of Science and Technology. He will receive the award from the President of Brazil for his efforts in strengthening educational and research institutions in Brazil.
Kudos to Donald John Roberts (Ph.D. '72) who has been elected a Fellow of the American Academy of Arts and Sciences.
Tim Kehoe has received a Scholar of the College Award. The Scholar of the College award is given each year to members of the faculty whose work exemplifies the best in liberal arts scholarship and creativity. The award carries a stipend to support research or creative work for three years.
Camelia Bejan has received a Young Economist Award from the European Economics Association for her paper "Production under uncertainty and financial innovation." The EEA grants an honorific award to the authors of outstanding papers singled out by the Program Committee at the Annual Congresses. Submitting authors eligible for the competition must have conformed to the following regulations: applicants must be under 30 years of age or no more than 3 years past a Ph.D. defense.
Michele Tertilt (Ph.D. '03) has been designated the winner of the Graduate School's Best Dissertation Award in the Social & Behavioral Sciences & Education for 2004. Her thesis Essays on Social Institutions was done under her adviser, Larry Jones. See the article written about Michele in the Summer 2005 issue of the Graduate School's Discovery magazine reprinted here.
Marco Bassetto and Julie Thomas recently received two of the eight Alfred P. Sloan Research Fellowships awarded for 2004 - 06 in economics.
Sam Kortum and his co-author Jon Eaton recently received the biennial Frisch medal of the Econometric Society for the best empirical paper published in Econometrica.
Eleven faculty members currently receive grant support from agencies including the National Science Foundation, the National Institutes of Health, the Binational Science Foundation, USA-Israel, and the Italian Ministry of Education.
2003-2004
Michele Boldrin was invited to give the 2003 Lawrence Klein Lecture at the University of Pennsylvania, jointly with David Levine (who gave the actual lecture). They presented "The Case Against Intellectual Property", which can be found on the May 2004 issue of the International Economic Review.
V. V. Chari served as the Keynote Speaker at the Money, Macro, and Finance Conference in Cambridge, United Kingdom.
Michele Boldrin was invited to give the 2003 Spanish Economic Review Lecture at the XXVIII Simposio de Analisis Economico, in Sevilla (Spain), December 11-13, 2003.
2002-2003
Professor Beth Allen gave the Distinguished Lecture in Industrial Engineering at Texas A & M University.
Professor V. V. Chari was invited to speak at the World Congress of the Econometric Society and at the Federal Reserve Bank of Philadelphia Policy Forum.
Professor John Chipman received a research award from the Alexander von Humboldt Foundation for one month's stay in Germany.
In September 2002, Professor Michele Boldrin was invited to speak on “Regional Convergence and EU Enlargement” at the XIII Congress of the International Economic Association, Lisbon.
Alumni News
Christine Cumming ('83) has been named first vice president of the Federal Reserve Bank of New York.
Miguel Sebastian Gascon ('85) is the Director de la Oficina Económica de la Presidencia del Gobierno (Chief Economic Advisor) to the new Spanish Prime Minister, Jose-Luis Rodriguez Zapatero.
David Sjoquist ('71), of the Andrew Young School of Policy Studies at Georgia State University, has recently been appointed to the Dan E. Sweat Distinguished Chair in Educational and Community Policy.
The 1998 Frisch medal was awarded to Robert Townsend '75 for his paper "Risk and Insurance in Village India", Econometrica 62 (May 1994): 539-591. (Selection Committee: Kenneth D. West, Chair; Guillermo Calvo; Pierre-André Chiappori.)
The 1984 Frisch Medal was awarded to Lars Peter Hansen'78 and Kenneth J. Singleton for their paper " Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models ", Econometrica, 50, September, 1982, pp. 1269-1286.
Harald Uhlig ('90) was elected a fellow of the Econometric Society in December 2003.
Please send us updates! wendy@econ.umn.edu.
Did You Know?
Minnesota Public Radio and local network television frequently call on Minnesota economists for expert advice and opinions? Professors Tim Kehoe, V. V. Chari, and Beth Allen have recently been featured.
Professor Beth Allen serves on an alumni advisory council to the President of Cornell University. Professor Allen was an undergraduate at Cornell.
Professor Beth Allen has served as a reviewer/panelist for four Directorates of the National Science Foundation: Social and Behavioral Sciences, Computer and Information Sciences, Mathematics and Information Sciences, and Engineering. She has received research funding from Social and Economic Sciences, Information Science, and Engineering.
Professor Beth Allen serves on the International Advisory Board for the New Economic School at CEMI/Russian Academy of Sciences in Moscow. This is a research-oriented masters-level program in Western economics which was organized about twenty years ago by faculty at Harvard and the Hebrew University of Jerusalem with funding from Soros, the Ford Foundation, the Eurasia Foundation, the MacArthur Fundation, Citibank/Citicorp, the World Bank, and private donors.
Professor V. V. Chari serves on the board of the Minnesota Council on Economic Education and on the board of the Minnesota Economics Association. He is also on the board of the Ragamala Music as Dance Theatre as well as being Vice-Chair of the Board of Trustees of the Hindu Society of Minnesota. Professor Chari is a founding member of the Minnesota chapter of the MinnTie Group, an organization of entrepreneurs.
Professor Michele Boldrin serves on the Consejo Editorial of Expansion, the main Spanish financial and economics newspaper.
Professor Michele Boldrin serves as the Director of Observatorio de America Latina, Fundacion BBVA, Madrid, Spain.
Professor John Chipman serves as a Director for the Leuthold Funds, Inc.
Professors John Chipman and Leo Hurwicz are Fellows of the American Academy of Arts and Sciences.
Professor Edward Foster serves on the Minnesota Council of Economic Advisors.
Professor Patrick Kehoe works with local high school teachers who wish to expand their knowledge of economics through the Plank Institute.
Professor Tim Kehoe serves on the Minneapolis Star Tribune Board of Economists.
Twelve faculty members (Beth Allen, Michele Boldrin, V. V. Chari, John Chipman, Zvi Eckstein, Leo Hurwicz, Larry E. Jones, Patrick Kehoe, Timothy Kehoe, Marcel K. Richter, Narayana Kocherlakota, Aldo Rustichini) are currently Fellows of the Econometric Society.. In addition to alumnus Zvi Eckstein, seventeen other alumni of the program (Masahiko Aoki, Martin Eichenbaum, John Geweke, Lars Peter Hansen, Hugo Hopenhayn, Richard Kihlstrom, Andreu Mas-Collell, Rosa Matzkin, Daniel McFadden, John Roberts, Richard Rogerson, Joaquim Silvestre-Benach, George Tauchen, Robert Townsend, Harald Uhlig, Myrna Wooders, Randall Wright) are currently Fellows of the Econometric Society.
