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Mini-course on Market Design 9/23/2013 1:25:09 PM
Tayfun Sonmez (Boston College) will be teaching a mini-course on Market Design in the Department of Economics at Texas A&M University Sept. 25th-30th. The mini-course will provide an overview of some recent research and policy work on matching markets. The focus of the course is the evolution of the literature both from a theoretical and also practical perspective. Topics include two-sided matching, house allocation, school choice, kidney exchange, matching with contracts, and cadet branching.
Texas Econ Theory Camp 2013 9/23/2013 1:24:36 PM
The Department of Economics at Texas A&M University will host the 2nd Texas Economic Theory Camp on Sept. 28-29. For more details see https://sites.google.com/site/texasecontheorycamp/
In Remembrance: Dr. John R. Moroney Jr. 6/17/2013 5:44:39 PM
Dr. John R. Moroney, Professor Emeritus in the Department of Economics at Texas A&M University, died Thursday, June 13, 2013. He was 74. John received his B.A. in economics and natural science, magna cum laude, from Southern Methodist University, in 1960, and his Ph.D. in economics in 1964 from Duke University. He was inducted into Phi Beta Kappa.
John served as Department Head at Texas A&M from 1981 to 1985, when he first came to College Station, and remained a very popular teacher for 30 years up to his retirement in 2011. He served us well.
John was well-known for entertaining at his ranch in Buffalo, Texas, where he spent many hours hunting, fishing, playing poker and telling tall tales. He will be missed terribly by his many friends in the department and the economics profession.
Click here to see Dr. Moroney's obituary.
Gan named NBER Research Associate 6/17/2013 5:42:37 PM
Professor Li Gan has been named a Research Associate of the National Bureau of Economic Research's Economics of Aging Program. The NBER is one of the most prominent economics research organizations in the USA. See more about NBER's economics of aging program at http://www.nber.org/aging.html and more about Dr. Gan's research at http://econweb.tamu.edu/gan/
Meer selected as NBER Fellow 5/20/2013 12:02:47 AM
Assistant Professor Jonathan Meer has been appointed as Faculty Research Fellow in the National Bureau of Economic Research's program for Education. The NBER is one of the most prominent economics research organizations in the USA. See more about NBER at http://www.nber.org/ and more about Dr. Meer's research at http://econweb.tamu.edu/jmeer/.
Taylor Receives 2013 Professor Svetozar Pejovich Future Leaders Award 5/14/2013 10:19:08 AM
Economics minor Rachel M. Taylor has been named as the first recipient of the Professor Svetozar Pejovich Future Leaders Award. The Pejovich Award, established by Dr. Sheila Amin Gutierrez de Pineres '88 and Alexandra Pejovich Chilton, is given to a Texas A&M undergraduate student who has secured an internship with the Heritage Foundation in Washington, D.C. The award's namesake is Professor Emeritus of Economics at Texas A&M, where he taught for more than twenty years. Pejovich is the author of several influential articles and books including The Economics of Property Rights: Towards a Theory of Comparative Systems, and Law, Informal Rules and Economic Performance: The Case For Common Law, and the recipient of The Association of Former Students Distinguished Achievement in Teaching Award in 1987.
Schneider Receives Koch Summer Fellows Internship 5/14/2013 10:18:17 AM
Alice Schneider, a senior Texas A&M Economics major, will spend the summer with the Illinois Policy Institute in Chicago as a public policy intern through the Koch Summer Fellows Program. As one of eighty interns from throughout the country, she will also attend career and public policy seminars in Washington D.C.
Gov. Perry Names Schneider as Student Representative to State Board 5/14/2013 10:17:35 AM
Texas Governor Rick Perry has named Alice Schneider, a senior Texas A&M Economics major, as the student representative to the Texas Higher Education Coordinating Board. In this role, Ms. Schneider will represent students from all Texas colleges and universities. Her term will begin June 1,2013 and run until May 31, 2014.
TAMU Department of Economics Awards Scholarships to Five Undergraduates 5/14/2013 10:16:55 AM
Five Texas A&M Economics undergraduate students have been selected to receive scholarships established by donors to the Department of Economics. Shahid Ahmed and Devita Gunawan, both seniors, are the recipients of the Neal Hahn Memorial Scholarship. The scholarship was established by Mr. and Mrs. Walter Hahn in memory of their son, Neal, who was an honors Economics major at Texas A&M. Jacquelyn Smyth, a junior Economics major, received the Elkin Scholarship in Economics. This award was established by Jeffrey and Valorie Elkin of Houston. Additionally, Phillip Warren, a junior, and Alice Schneider, a senior, earned the Jacquelene M. Browning Memorial Scholarship. This award honors the memory of Dr. Jacquelene M. Browning, Visiting Associate Professor and Assistant Department Head of Economics at Texas A&M and the wife of Dr. Edgar K. Browning, Professor Emeritus of Economics at Texas A&M.
Economics Department hosts 2013 Texas Monetary Conference 5/2/2013 7:03:12 PM
The Department of Economics at Texas A&M hosted, on April 6th and 7th, the 2013 Texas Monetary Conference. This conference congregated economists from the economics departments at Rice, Southern Methodist and Texas A&M Universities, the Universities of Houston and Texas, and the Research Department at the Federal Reserve Bank of Dallas, who were joined by a top line of presenters: James Bullard (FRB-St. Louis), Simon Gilchrist (Boston University), Nobuhiro Kiyotaki (Princeton University), Zheng Liu (FRB-San Francisco), Eric Sims (University of Notre Dame) and Martin Uribe (Columbia University). Click here for more information.
Li receives 2013 Distinguished Achievement Awards in Research by the Texas A&M University 5/2/2013 6:41:16 PM
Professor Qi Li received the 2013 Distinguished Achievement Awards in Research by the Texas A&M University. The award, presented by the Association of Former Students of Texas A&M University, is conferred to scholars who have exhibited the highest standards of excellence in research at Texas A&M. For more information see here.
Auernheimer's academic legacy continues 4/28/2013 9:56:19 AM
The Review of Economic Dynamics has accepted for publication Leonardo "Pepe" Auernheimer's paper "The Role of Inventories and Capacity Utilization as Shock Absorbers," coauthored with his student and Texas A&M University doctoral graduate Danilo Trupkin. Danilo is currently an Assistant Professor of Economics at the Universidad de Montevideo in Uruguay. Professor Auernheimer (1936-2010) was a Texas A&M scholar for thirty eight years. His main interests were monetary economics and open economy macroeconomics. Pepe invested himself generously in his dissertation students, and this publication with Danilo serves as a wonderful testimony to Pepe’s craft and dedication.
Justin Aufderhar receives annual Department of Economics Award for Leadership and Academic Excellence 4/28/2013 9:55:55 AM
The Department of Economics is pleased to announce that Justin Aufderhar has been awarded the annual Department of Economics Award for Leadership and Academic Excellence. Justin was one of twelve finalists in the national Pearson Economics Insiders competition, presenting his research on foreign direct investment in Paraguay in Washington, D.C. Additionally, he interned at the Peace Corps through the Texas A&M Public Policy Internship Program and served in leadership roles in student organizations. He earned University and Foundation honors upon graduating in December 2012 with a B.S. in Economics and plans to attend law school.
Students in Economics Undergraduate Research Opportunities Program (EUROP) present their research 4/28/2013 9:54:58 AM
Three students in the Economics Undergraduate Research Opportunities Program (EUROP) presented their research at the Dallas Federal Reserve’s Economic Scholars Undergraduate Research Conference: Matthew Liu, Matthew Struble, and Derek Welborn. Liu conducted a laboratory experiment to test the extent to which price discrimination affects buying and selling behavior and Struble researched whether individuals re-optimize their choices using data from Texas A&M University meal plan purchases. Welborn’s ongoing research uses data from DonorsChoose.org to determine the degree to which matching grants for donations crowd out giving.
Graduate student wins WSSA Graduate Paper competition 2/22/2013 8:13:39 AM
Fourth year Ph.D. student Jinkook Lee is the winner of the Graduate Paper Competition for the Western Social Sciences Association Annual Meeting in Denver this coming April for the paper titled: "Airport-Airline Vertical Contract Market Power in the US Airline Industry." As part of the award Mr. Lee will receive a cash prize presented at the Presidential Luncheon at the April 2013 WSSA conference, a free one-year subscription to the Social Science Journal, free conference registration, and the opportunity to present his paper at that conference.
Jansen invited as keynote speaker 1/29/2013 11:49:11 AM
Professor Dennis Jansen was one of three invited keynote speakers at the International Conference on "Policy Analysis Using Modern Econometric Methods" held in December at Capital University of Economics and Business (Beijing, China). Professor Jansen gave a talk on the topic "Monetary Policy and Stock Returns in Bull and Bear Markets". The other two keynote speakers were Professor Jianqiang Fan from Princeton University and Professor Cheng Hsiao from University of Southern California. Professors Fan and Hsiao are both editors of the Journal of Econometrics and are world renowned econometricians. More than 100 academics from the United States, Hong Kong, Taiwan and China attended the conference.
Hoekstra Receives 2012 IZA Young Labor Economist Award 1/11/2013 11:13:15 AM
Associate Professor Mark Hoekstra is the recipient, along with Professor Scott Carrell of UC-Davis, of the 2012 IZA Young Economist Award. The award, which comes with prize money of 5,000 Euros, honors an outstanding paper in labor economics written by researchers under the age of 40. The award-winning paper is entitled “Externalities in the Classroom: How Children Exposed to Domestic Violence Affect Everyone’s Kids,”, and was published in the American Economic Journal: Applied Economics. For more information on the award and a list of previous winners, see here.
Hoekstra's Research Receives National Attention 1/5/2013 5:10:42 PM
Associate Professor Mark Hoekstra's research on castle doctrine/stand-your-ground laws, coauthored with Ph.D. student Cheng Cheng, was featured in NPR's All Things Considered on January 2, 2013. See the article and listen to Professor Hoekstra's interview here. The paper, which is forthcoming in the Journal of Human Resources, is available here.
Gan's Research Receives National Attention 1/5/2013 4:58:54 PM
Professor Li Gan's research on income inequality and unemployment rate in China has been featured in a wide range of reports by leading news media. See the articles in The Economist, CNN, and Wall Street Journal .
Eckel receives 2012 Carolyn Shaw Bell Award 10/30/2012 2:27:32 PM
Dr. Catherine C. Eckel is the recipient of the 2012 Carolyn Shaw Bell Award. This prestigious award was created in January 1998 as part of the 25th Anniversary celebration of the founding of the American Economic Association Committee on the Status of Women in the Economics Profession (CSWEP). Carolyn Shaw Bell, the Katharine Coman Chair Professor Emerita of Wellesley College, was the first Chair of CSWEP. The Carolyn Shaw Bell Award is given annually to an individual who has furthered the status of women in the economics profession, through example, achievements, increasing our understanding of how women can advance in the economics profession, or mentoring others. See the official announcement here.
Economics Society Renews Website 9/24/2012 2:57:13 PM
The Texas A&M Economics Society (TAMES) is a professional student organization for economics majors that helps prepare students for a successful career path in economics and related fields. For more information visit TAMES' renewed web site here.
Tian appointed to the Alfred F. Chalk Professorship in Economics 8/22/2012 1:19:47 PM
Dr. Guoqiang Tian has been appointed to the Alfred F. Chalk Professorship in Economics. The appointment is made based upon a nomination from the Department and a formal review by the College of Liberal Arts Advisory Committee on Endowed Appointments and by Dean Bermúdez. The appointment is for five years. This Professorship recognizes Dr. Tian's stock and flow of distinguished contributions in economic theory, primarily in the areas of mechanism design and general equilibrium.
Eckel appointed to the Sara and John Lindsey Professorship in Liberal Arts 8/22/2012 1:18:15 PM
Dr. Catherine Eckel has been appointed to the Sara and John Lindsey Professorship in Liberal Arts. The appointment is made based upon a nomination from the Department and a formal review by the College of Liberal Arts Advisory Committee on Endowed Appointments and by Dean Bermúdez. The appointment is for five years. This Professorship is awarded to Dr. Eckel on the basis of her distinguished record and continuing flow of scholarship in experimental economics.
Associate Professor receives Ray A. Rothrock '77 Fellowship 7/30/2012 8:48:09 AM
Associate Professor Ke Li Xu has been awarded a Ray A. Rothrock '77 Fellowship. This fellowship program is intended to recognize annually up to three newly-promoted, highly recommended associate professors from the College of Liberal Arts with three-year awards of $5000 per year. The award is intended to encourage and support the completion of exceptionally promising post-promotion projects and continued outstanding teaching. For more information see http://liberalartscommunity.tamu.edu/docs/Bjobling/RothrockProgramOverview.pdf
Bethany Krakosky receives second annual Department of Economics Award for Leadership and Academic Excellence. 6/12/2012 1:07:24 PM
The Department of Economics is pleased to announce that Bethany Krakosky, a senior economics major, has been awarded the second annual Department of Economics Award for Leadership and Academic Excellence. Bethany was a star performer in the inaugural class of students in the Economic Undergraduate Research Opportunities Program, writing a thesis entitled "An Evaluation Of The Performance Of Moving Average And Trading Volume Technical Indicators In The U.S. Equity Market." She presented this work at Texas A&M University's Student Research Week, at the Federal Reserve Bank of Dallas's Undergraduate Scholars Program conference, and at the Association of Private Enterprise Education's annual conference in Las Vegas. Bethany also had an article on her research findings accepted for the Fall 2012 issue of "Explorations," Texas A&M University’s venue for student research. She intends to submit and article from her thesis for publication in a refereed academic journal later this year and has set a high bar for those that follow her in this program.
Professor receives 2012 CASE H.S. Warwick Award 5/14/2012 12:00:00 AM
Assistant professor Jonathan Meer has been awarded the 2012 CASE H.S. Warwick Award for Outstanding Research in Alumni Relations for Educational Advancement for his paper Brother, can you spare a dime? Peer pressure in charitable solicitation (published in the Journal of Public Economics). Please click here for more info.
Professor's article chosen as 2011 EI Best Article Award 4/16/2012 9:39:46 AM
Professor Li Gan's article titled "A Simple Model of Optimal Hate Crime Legislation," co-authored with Roberton C. Williams III and Thomas Wiseman and published in the July 2011 issue of Economic Inquiry has been chosen by the Economic Inquiry Editorial Board to receive the 2011 EI Best Article Award.
Abstract: We present a simple model of the effects of hate crime legislation. We show that even if the direct harm to victims of hate crime is the same as for other crimes, because of other differences in the effects it may still be optimal to exert a different level of law-enforcement effort to deter or prevent hate crime. These differences also have previously unrecognized effects on the optimal level of effort by potential hate crime victims to avoid being victimized, thus affecting the efficiency of government policies that encourage or discourage such effort. In some cases, the optimal level of government effort may be lower for hate crimes than for other crimes. Our analysis suggests a role for policy tools that influence individual avoidance effort directly. We discuss the implications of our results for similar types of crime, including terrorism. To see the complete article, please click here.
Graduate student receives award in Student Research Week. 4/4/2012 4:14:27 PM
Fourth year Ph.D. student Priyanka Sharma placed first (tied) out of sixteen competitors in the Oral presentation category in the Social Science, Business, and Public Policy group at Student Research Week. She presented her research paper "Is more information always better? A case in credit markets" in which she argues that rating agencies should only make use of a borrower's repayment history when issuing a credit rating. Ms. Sharma received a $300 award for her performance.
Economics Undergraduate Selected to Attend Colloquium on "Property Rights, Markets and Freedom" 4/2/2012 9:48:35 AM
Alex Hlavinka, a fourth year in the Department of Economics, was
selected to attend a week-long symposium in Bozeman, MT that is
hosted by the Property and Environment Research Center. The
colloquium will explore how property rights and markets can be used
to improve environmental quality.
Energy Researchers receive 3 year education grant 4/2/2012 9:48:31 AM
Associate Professor Steve Puller is part of an interdisciplinary
group that recently received a $180,000 Tier One Program (TOP)
interdisciplinary education grant from the University. Puller's
collaborators from the Department of Electrical and Computer
Engineering are Le Xie and Robert Balog. The education program,
entitled Interdisciplinary Experience in Electricity: A "Grass-roots"
Approach, will: (1) offer newly-developed courses that incorporate
cross-disciplinary insights to students; (2) enhance interaction
between student organizations (in particular, the TAMU Energy Club
and the Economics Society) and energy industry leaders in order to
improve the professional development of the students; and (3) lead a
capstone project that synthesizes engineering and social
science-based models to develop new energy technology platforms via
the "smart grid".
Students in Economics Undergraduate Research Opportunities Program (EUROP) present their research 4/2/2012 9:45:42 AM
Four economics students in the Economics Undergraduate Research Opportunities Program (EUROP) participated in Texas A&M's Student Research Week: Gregory Cohen, Sophia Deen, Bethany Krakosky, and Josiah Stevenson. Sophia Deen also presented her work on the effect of daylight savings time on motor vehicle accidents at the Dallas Federal Reserve's Economic Scholars Program, and Beth Krakosky presented her paper on the performance of technical stock trading strategies at both the Dallas Fed and the Association of Private Enterprise Education's annual conference in Las Vegas.
Zapata Awarded Gilman Scholarship to Study in China 3/2/2012 4:40:18 PM
Junior undergraduate Economics major, Marco Zapata, was a recent recipient of the prestigious Benjamin A. Gilman International Scholarship for the spring 2012 semester studies abroad. The Gilman Scholarship was founded by the International Academic Opportunity Act of 2000 with support from the U.S. Department of State, Bureau of Educational & Cultural Affairs. The Gilman Scholarship provides more than 2,300 awards annually in amounts up to $5,000.
Professor's research gets national attention 2/29/2012 10:15:01 AM
Assistant professor Jonathan Meer's work on financial aid and alumni giving, coauthored with Harvey Rosen of Princeton University, was discussed in the New York Times's Economix blog and Inside Higher Ed. For complete articles see and for more information
Experimental Research Lab receives $150,000, 2 year HASS ERC Grant 2/13/2012 9:11:22 PM
The Economic Research Laboratory (ERL) has received a $150,000 two-year grant from The Humanities and Social Science Enhancement of Research Capacity (HASS ERC) Internal Grants Program. The funding for the grant comes from the Division of Research and Graduate Studies and includes matching funding from the College of Liberal Arts. The grant proposal was written by Assistant Professor Alex Brown and Professor John Van Huyck. The key funding element in the grant is establishing a pool of funds for subject payments. These funds will be used in a series of pilot studies that will form the basis for larger grants that will sustain the ERL for years to come. The grant funds will support not only faculty research, but also graduate student and undergraduate student research. These research activities will serve to elevate the national stature of the program in behavioral and experimental economics in the TAMU Economics Department.
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