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Friday April 19 (STV 401A, 1:30-3:00). Join us for presentations by a distinguished panel of econ alums: Brian DuBois (CAT) on effective resumes and interview skills, Dean Miller (Lenbrook) on career gains from internships and graduate education, and Juile Oost (Kelley, Drye & Warren) on career networking and web-based resources.
April 24 – Andrew Chupp, Illinois State University, “Signal Detection Theory and the Evaluation of Economic Forecasts with Application to Forecasting Electricity Prices.” / April 15 – Irina Panovska, Washington University in St. Louis, “What Explains the Recent Jobless Recoveries?” / April 12 – Caleb Lewis, Northern Illinois University, “Peer Effects and the Importance of Behavioral Responses in the Classroom.”
What are ISU students doing this Spring? Participants in Alternative Spring Break travel across the country to help meet critical needs in various communities. Nearly 1,000 ISU students have participated over the past decade helping rebuild homes for storm victims, tutoring teenage refugees, working with families with medical concerns, and more.
In a recently published study by Susan Chen (Illinois State University) and Qihong Liu (University of Oklahoma) the authors find that the introduction of a Most-Favored Customer Clause by one retailer in consumer electronics leads to lower prices that are experienced industry-wide. Their study appears as the lead article in the September 2011 edition of the Journal of Industrial Economics.
Economics News Archive -2011
Economics News Archive 2012+
Guillaume Ansart, Associate Professor of French Literature at the Indiana University at Bloomington, will give a lecture on his book Condorcet: Writings on the United States at noon on Monday, April 1, 2013 in Room 401A of Stevenson Hall.
Condorcet (1743–1794) was the last of the great eighteenth-century French philosophes and one of the most fervent américanistes of his time. A friend of Franklin, Jefferson, and Paine and a member of the American Philosophical Society, he was well informed and enthusiastic about the American Revolution. Condorcet’s writings on the American Revolution, the Federal Constitution, and the new political culture emerging in the United States constitute milestones in the history of French political thought and of French attitudes toward the United States.
These remarkable texts, however, have not been available in modern editions or translations. This book presents first or new translations of all of Condorcet’s major writings on the United States, including an essay on the impact of the American Revolution on Europe; a commentary on the Federal Constitution, the first such commentary to be published in the Old World; and his Eulogy of Franklin, in which Condorcet paints a vivid picture of his recently deceased friend as the archetype of the new American man: self-made, practical, talented but modest, tolerant and free of prejudice—the embodiment of reason, common sense, and the liberal values of the Enlightenment.
“This excellent book offers easy access to the thinking of an important French philosophe, Condorcet, on the early days of the United States,” says Laurence Mall, University of Illinois at Urbana-Champaign.
The event is sponsored by the Departments of Economics, History, and Languages, Literatures & Cultures.
The American Economics Association awards the John Bates Clark medal for achievement to a young scholar in economics. Raj Chetty, a 33 year old economist at Harvard University, has been selected for the award. His influential research in public economics covers tax policy, savings behavior, and education.
For additional information see the AEA announcement or the associated feature story in the New York Times.
David Cleeton, Professor of Economics and Department Chair, argues that the time may be right for U.S. interest in negotiating a free trade agreement with the European Union. In a January 2013 interview with WEEK-TV of Peoria, Cleeton highlighted Caterpillar as a particular beneficiary from expanded trade opportunities. Find the video and summary article at this link.
Mike Doherty, Senior Economist and Policy Analyst for the Illinois Farm Bureau, was sought out by regional media for analysis of the likely effects of drought conditions on markets for pork products. Click on the article header for more information.
According to the Britain’s National Pig Association, a global bacon shortage will soon be upon us due to drought conditions in crop-growing regions. This tail-curling story (declared an “Aporkalypse” by Comedy Central’s Stephen Colbert) hit the national airwaves and led to coverage by local news stations, including this piece by WMBD TV 31. Mike Doherty, Senior Economist and Policy Analyst for the Illinois Farm Beureau (and ISU Economics Alum), explained that consumers are more likely to see the effects in higher prices for pork products than in “shortages” at the grocery store.
Rajeev Goel was named a recipient of the 2011 Outstanding University Researcher Award. His work in industrial organization and applied microeconomics of technology, tobacco, and corruption appears in numerous outlets including the American Journal of Agricultural Economics, Managerial and Decision Economics, and Public Choice.
In addition, four other members of the College of Arts and Science were honored with Research Initiative Awards:
Dr. Winfred A. Avogo, Department of Sociology and Anthropology;
Dr. Sunil Chebolu, Department of Mathematics; Dr. John C. Kostelnick , Department of Geography-Geology; and Dr. Jamie Perry, Department of Communication Sciences and Disorders.
“The College of Arts and Sciences is home to many outstanding researchers, and today we are proud to congratulate some of its most accomplished members,” said Dr. Dagmar Budikova, Interim Senior Associate Dean.
The Outstanding University Research Award was established by the University Research Council in 1984 as way to recognize key individuals involved in research. Initiative awards are bestowed to those beginning their academic carrier while Outstanding College and University Awards are given to those who have outstanding levels of research among their peers. Formal recognition of these faculty members will made at the Founders Day Convocation, Thursday, February 17, 2011 at 2 p.m. in the Brown Ballroom.
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