Economist Washington
EconomistwashingtonDepartment ofEconomicsCollege of Arts & SciencesFall 20102010 Distinguished Alumnus: Robert M. McKenna, BA ‘852010 Distinguished AlumnusRobert M. McKennaThe Economics Undergraduate GraduationCelebration was held on June 9th this year. Thegraduates were honored before hundreds offamily and friends in the HUB Ballroom. Thisyear’s Distinguished Alumnus, the Hon. RobertM. McKenna, Attorney General for the Stateof Washington, delivered the keynote address.Mr. McKenna received Bachelor’s degreesfrom the University of Washington in bothEconomics and International Studies. He servedas student body president during his time hereat the UW and graduated with honors in 1985.His daughter, Madeline McKenna, is following inher father’s footsteps: she too is an Economicsand International Studies major at UW and wasrecently elected ASUW President!Perhaps a solemn topic for a commencementaddress, Mr. McKenna reminded the audienceof the financial crisis and its effects, which arestill being felt around the world. He went onto discuss its causes: an erroneous belief thatthe real estate market provided an investmentthat would only grow in value combined withthe enthusiasm for investment that spreads soeasily when profits are rising. He also stressedthat although the situation is grim, economicsgraduates are now in a unique position to shapehistory. Their education provides them withthe knowledge to help guide our country andprevent the same mistakes from being madeagain. He urged the graduates to continuereading and learning, no matter where they endup, using their economics education as the onlytruly recession-proof investment.Professor Stephen Turnovsky Honored with ConferenceProf. Stephen TurnovskyThe Institute of Advanced Studies in Vienna,Austria held a three day conference on May20-22, 2010 to honor the work of StephenTurnovsky. Selected papers are to be publishedin a Special Issue of the Journal of EconomicDynamics and Control and the publication dateis set to coincide with his 70th birthday in 2011.The conference was organized by his first UWPh.D. student, Walter Fisher, now Head of theDepartment of Economics and Finance at IAS,and Kenneth Kletzer, Professor of Economics atthe University of California, Santa Cruz. It wassponsored by the Institute of Advanced Studies,the Society of Computational Economics, andthe Austrian Ministry of Finance.The program comprised 24 papers, eachhaving an assigned discussant, with the topicscovering broad aspects of macroeconomicdynamics, the focus of Stephen Turnovsky’sresearch. There were nearly 50 attendeesfrom many countries, as far away as Australiaand India. The participants included severalof Stephen’s former students, as well as manyof his coauthors. He particularly appreciatedthe participation of his close friend andcolleague, Peter Lloyd, Professor Emeritus atthe University of Melbourne, whose friendshipdates back to his undergraduate days inNew Zealand. He was also pleased with thecontinued on page 2Contents2 Letter from the chair 2 Hendrik Wolff4 The UWEAO 5 New Faculty 5 The EUB3 Faculty & Staff news 3 Honors & Awards6 alumni News 6 The eprc 7 Thank you!
A Letter from the ChairProf. Turnovsky, continuedAnother challenging year comes to a close, but I am pleased to reportthat the Department has fared well thanks to the dedication of ourfaculty, staff and students. The University of Washington communitycontinues to feel the effects of the Great Recession. After drasticallyreduced operating budgets across the University, the Department isvery grateful that we were permitted to hire a new faculty member.We are excited to welcome Assistant Professor Oksana Leukhina, amuch needed addition to our macroeconomics faculty.participation of his first academic colleague from the Universityof Pennsylvania and one of his first coauthors, Dale Henderson,as well as John Pitchford from their Australian NationalUniversity days, and his current UW colleague and Savery Hallneighbor, Philip Brock. Apart from the presentation of 24 highquality papers, participants were also treated to several days ofexcellent Viennese cuisine.Another boon for the Department is the recent change to acompetitive major. The new requirements for becoming a majortook effect only in Autumn 2009, and we are already observingpositive results. The average GPA among Economics Majors hasincreased and enrollment has begun to stabilize thanks to themore selective admission criteria. We hope that this change willbetter represent the rigor of the major to prospective studentsand thereby improve the experience for all students seeking anEconomics education.Last autumn also marked the Department’s eagerly anticipatedreturn to the Quad with the reopening of Savery Hall. Whilethe historic façade of the building has been carefully restored andpreserved, the inside was completely gutted during the two- yearproject. The floor plan was radically updated to better serve theDepartments of Economics, Sociology and Philosophy and to meetcurrent earthquake and ADA requirements. The building was alsorenovated in an environmentally conscious way, earning it a LEEDSilver certification. It was wonderful to welcome many of you toour Open House Celebration last October and although therehave certainly been some challenges adjusting to this simultaneouslyfamiliar and unfamiliar space, the Department is happy to be back inthe heart of campus.Lastly, I am very pleased to note some of the accolades that ourfaculty and staff members have received this year: ProfessorStephen Turnovsky was honored with an international conferencecelebrating his work held at the Institute of Advanced Studies,Vienna, Austria; Assistant Professor Hendrik Wolff was honoredby the Association of Environmental and Resource Economists forthe Outstanding Publication in the Journal of Environmental Economicsand Management; and Department Administrator Randa Knudsenwas nominated for a Distinguished Staff Award. We are very proudof the commitment to excellence that continues to make thisDepartment a leader in the field of Economics education. Thankyou very much for your friendship and support.Robert HalvorsenProfessor and Chair,Department of Economics2Washington EconomistAssistant Professor Hendrik WolffAssistant Professor Hendrik Wolffwas honored by the Associationof Environmental and ResourceEconomists with the 2009 Ralph C.d’Arge and Allen V. Kneese Awardfor Outstanding Publication in theJournal of Environmental Economicsand Management, which is theAsst. Prof. Hendrik Wolfftop ranked journal in its field. Theaward was presented at the AlliedSocial Science Association Meetings held in Atlanta in January.Assistant Professor Wolff’s ground-breaking paper, “DaylightTime and Energy: Evidence from an Australian Experiment,”co-authored with Ryan Kellogg, contradicts the popular beliefthat adjusting clocks in March and November produces energysavings. As many countries consider using Daylight Saving Timeas a means to promote energy conservation, this researchis both timely and insightful. Assistant Professor Wolff hasreceived many accolades for his work on Daylight Saving Timeand energy use; he has been featured numerous times in themedia, including ABC News, the Wall Street Journal, US News,Bloomberg and more.The cherry trees in bloom, as seen from Savery Hall.
Congratulations,Award WinnersUndergraduateGeorge & Pearl Corkery Memorial ScholarshipJames McQueen and George-Michael PescaruAlberta C. Corkery ScholarshipYujia Wu and Rostislav VoloshinAlbert L. Bogdan ScholarshipSeung Hee LeeThe quad in springtime.J. Parker & Evelyn Cruz Sroufe ScholarshipFaculty NewsYanlan & Robert Yang ScholarshipAssociate Professor Michael Hadjimichalakis wasawarded the Henry T. Buechel Award for DistinguishedUndergraduate Teaching. He is the first to receive thisprestigious award twice.Friends of Economics ScholarshipProfessor Robert Halvorsen was appointed to the Paul F.Glaser Endowed Professorship for a term of three years.Professor Yoram Barzel was appointed to the Charles R.Nelson Endowed Professorship for a three year term.Senior Lecturers Greg Ellis and Haideh Salehi-Esfahanireceived a Dean’s Transitional Funding Grant for research oninnovative models of teaching ECON 200.Professor Chang-Jin Kim was selected as a Fellow of theJournal of Econometrics.Zayna EldarwicheHong HoSu Y YuOutstanding Paper AwardPo Yi Leung, “Is Recession Green? The Relationship BetweenCO2 Emissions and Recessions”Genesis Han, “Correcting the primary care-specialty physicianimbalance: The effect of compensation models on quality ofcare and career satisfaction”Outstanding ScholarsAllison Marie Adamonis, Natalie Jayne Andrews, Laura AnneBaer, Ethan Whidbey Boyles, Elliot Nelson Bradshaw, DesaPauline Conniff, Timothy Wylie Hemphill, David ChristopherHiestand, Brian Koichi Ito, Mary Lee Labissoniere, Weng InLei, Yan Putra Limarta, Nancy Yuchieh Lu, Xuan Masga, KevinRobert Mcdonald, Ivan Panchenko, Cameron Thomas Stephens,graduateStaff NewsDepartment Administrator Randa Knudsen wasnominated for the University of Washington Distinguished StaffAward.Senior Computer Specialist Will Stroud and ProgramCoordinator Jennifer Carroll both celebrated five yearswith the University of Washington this year.Fiscal Specialist Chris Fendrich ran in the Seattle Rock n’Roll half Marathon this year, finishing 23rd and first in his agebracket.Academic Counselor Nick Brownlee accepted a positionwith UW Bothell, so we bid him a fond farewell and welcomednew Academic Counselor Patrick Pineda.Academic Counselor Ahna Kotila had a baby! LandonKotila was born in May. Congratulations to Ahna and herhusband Brian, who is also a graduate of the Department.2009 Graduate Teaching AwardTroy ScottSteven Langton Graduate Teaching AwardJoe Dieleman and Dong Won LeeHenry T. Buechel Memorial FellowshipErcument CahanHoward H. Preston ScholarshipWoo Hyung HongJames O. York ScholarshipSora ChonJames K. & Viola M. Hall FellowshipBijetri Bose, Clark Lundberg, and Woo Hyung HongRachel M. Storer Award in Labor EconomicsMark AndersonBest Graduate Paper in MacroeconomicsYuwen Dai and Vladimir DashkeyevBest Graduate Paper in MicroeconomicsJoe Dieleman and Crystal Wongwww.econ.washington.edu3
The Economics Alumni OrganizationFor many Economics alumni, involvement with the Departmentand the University of Washington does not stop at graduation.There are numerous opportunities for such alumni, fromvolunteering to help with Department events and lectures toparticipating on career panels and teaching classes. Volunteersbenefit from their continued engagement, building a relationshipthat can have a profound impact on their lives beyond school.Their involvement also enhances the experiences of students,faculty and staff and helps to ensure the continued success ofthe Department.Participating in the University of Washington Economics AlumniOrganization (UWEAO) is one such opportunity for recentgraduates of the Department. Serving on the UWEAO Boardnot only provides alumni with a chance to give back to theDepartment and enrich the education of current and futurestudents, but it also helps them to build and grow their ownpersonal and professional networks. The UWEAO Board ismade up of alumni in a variety of different fields and volunteersare welcome at all levels - from donating just a few hours tohelp at an event, to taking on leadership roles and working withDepartment staff to direct the Organization itself. Membershipon the Board provides meaningful opportunities to connectwith former cohorts and professors and to work with othermembers of the economics community.The UWEAO hosts lectures on current topics in economicsas well as networking events for alumni and students. TheUWEAO’s signature event is the Nobel Prize in EconomicsLecture, presented each year by an Economics faculty memberwho explains the work of the prior year’s Nobel Laureate. Thelecture is a staple for the Department and a favorite of studentsand alumni alike. This year’s lecture was given by ProfessorAttendees at the 2010 Nobel Prize Lecture in Economics.Fahad Khalil and Senior Lecturer Greg Ellis, who discussed thework of 2009 Nobel Laureates Elinor Ostrom and Oliver E.Williamson. Their talk, Economic Governance: The Organization ofCooperation, was split into two parts this year, to accommodatethe very different work done by the two laureates. Over 80faculty, students, alumni and friends attended this year’s lecture,which was held in the newly renovated Savery Hall.The UWEAO Board is currently seeking talented andenthusiastic new members. In addition, we invite the alumnicommunity to contribute their needs and ideas. Please contactus at econalum@uw.edu to share your thoughts or to learnmore about becoming a Board member. You can also visit ourpage on the Department of Economics website at: www.econ.washington.edu/UWEAOhome.htm.The UWEAO Board is an incredible opportunity to strengthenyour professional network while positively contributing back tothe University of Washington, the Department of Economics, andthe community. We look forward to hearing from prospectivenew members.Find Us Online!The Department of Economics is going online in an effort to helpyou keep in touch in whichever way is best for you! Last year, welaunched new Facebook and Twitter accounts which have sincegrown to reach hundreds of fans and followers.As part of our commitment to be financially and environmentallyresponsible, the Washington Economist and the Department’smonthly newsletter are available online. E-news subscribers,Facebook fans and Twitter followers also receive invitations toDepartment events and lectures. Don’t miss out, sign up today!Sign up for our pMembers of the 09-10 UWEAO Board. From left to right: GurbandMann, Travis Briggs, Alex Feng, Olga Yang, and Nate patterson. Notpictured: Matt Ravet, Sean Evers, Yeosong Yoon, Gregory Winchell,and Casey Bruner.4Washington EconomistFind us on Facebook and become a fan at:www.facebook.com/uweconFollow us on Twitter at:www.twitter.com/uwecon
Welcoming a New Faculty MemberThe EUB: Students Helping Studentsthe Department of Economics is delighted to announce that wehave hired a new faculty member. oksana leukhina is currentlyan assistant Professor at the University of north Carolina atChapel hill and will join the Economics Department in thesame position this fall.the Economics Undergraduate Board (EUB) is a student drivenorganization whose mission is to enhance the experienceof all undergraduates studying Economics at the Universityof washington. they work in partnership with Departmentfaculty and staff, under the supervision of Professor Michelleturnovsky, to produce several quarterly events and lectures, anewsletter (The Economizer), an annual undergraduate survey,plus regular tutoring services and more.assistant Professor leukhina will bring a fresh perspectiveon macroeconomics to the Department. she received herPhD from the University of Minnesota, a school recognizedas incredibly influential in that area. The contrast is oftenmade between “fresh water macroeconomics” and “saltwater macroeconomics,” referring to thedifferences between Minnesota/Chicagoand harvard/Mit/stanford/Berkeley.assistant Professor leukhina willbe the first representative of this“fresh water” school to join theDepartment.assistant Professor leukhina’s work has abroad focus on quantitative long-run growth,which involves the relationships between fertility, mortality,gender, and long-run macrodynamics. her recent researchexplores the relationship between the business cycle and thebehavior of the financial sector. She and a coauthor developeda model in which endogenous changes in lending standardsgenerate fluctuations in productivity between recessions andexpansions. this line of research is very promising, and mayprovide useful insights in helping us understand the recentfinancial crisis. We are pleased to have her as the newestmember of our team and look forward to welcoming her tothe Department!Save the Date!this year, the EUB hosted two career events. in november,they hosted a very successful seminar on Careers in Consultingwhich attracted a crowd of over thirty students. in February,they hosted a special Career workshop aimed at providingstudents with more general career advice. Over fifty studentsattended and engaged with Economics alumni in various fieldsand at various stages in their careers. six alumni speakersparticipated in the workshop, and students brought resumesand questions to be reviewed one-on-one in rotating breakoutgroups. the lively discussion even inspired another event: aseminar on careers here at Uw, which was hosted by theDepartment this spring!the Economics Undergraduate Board also presents the heynelecture series in Economics. named in honor of Professor PaulT. Heyne who taught Economics at the UW for 13 years beforepassing away in 2000, the heyne lecture is presented for thebenefit of Economics Majors seeking to learn more aboutundergraduate research. this year’s speakers were seniorlecturer haideh salehi-Esfahani, Economics graduate studenttroy scott, and assistant Professor lan shi.students who participate in the EUB gain valuable leadershipexperience and learn the importance of giving back to theDepartment. their contributions enrich and supplement thework of the Department and provide a crucial link betweenour students, faculty and alumni.this Fall, the Department of Economics is proud to presenta special lecture by Robert Kocher, member of the nationalEconomic Council and special assistant to the President forhealth Care. Please save the date for this exciting lecture!Wednesday, October 20, 2010Kane Hall 220UW Seattle Campus7:00 PMFor more information, please contact the outreach Coordinatorat 206-543-5945 or zlw@uw.eduMeMbers of the 09-10 eUb. froM left to right, bAcK roW: colinfEndrick , JErEmy suPinski, kurt ladWig, Zilai li, Johnny chan. frontroW: KArinA KAts, song Yoon, JAson YU, MArY lAbissoniere, ericrothlisberger, icing song. not pictUred: stAnleY JiAng, sYdnie KAng,JamEs mcquEEn, nickolai riabov.www.econ.washington.edu5
Graduate PlacementsSerpil Tekin Bouza, Ph.D. 2009, accepted a position at theInternational Monetary Fund in Washington, DC.Laura Berlinghieri, Ph.D. 2010, accepted a tenure-trackAssistant Professor position at the University of Wisconsin Eau Claire.Jin Young Chung, Ph.D. 2010, accepted a position as aResearch Fellow at Samsung Economic Research Institute(SERI) in Seoul.Sebastian Fossati, Ph.D. 2010, accepted a tenure-trackAssistant Professor position at the University of Alberta.Peter Fuleky, Ph.D. 2010, accepted a position as a PostdoctoralFellow at the University of Hawaii Economics ResearchOrganization.Mike Hanlon, Ph.D. 2010, accepted a Lecturer position at theInstitute of Health Metrics and Evaluation in Seattle.Pym Manopimoke, Ph.D. 2010, accepted a tenure-trackAssistant Professor position at the University of Kansas.Yu-i Peng, Ph.D. 2010, accepted a tenure-track Assistantprofessor position in the Department of Public Finance atNational Taipei University, Taiwan.Nalina Varanasi, Ph.D. 2010, accepted a position as aPostgraduate Fellow at the Institute of Health Metrics andEvaluation in Seattle.Edwin Wong, Ph.D. 2010, accepted a position as a PostdoctoralFellow at the US Department of Veterans Affairs, NorthwestCenter for Outcomes Research in Older Adults in Seattle.Alumni NewsTim Jenkins (BA 1986) received the Ernst & YoungEntrepreneur Of The Year 2010 Award in the consultingcategory in the Pacific Northwest. The award recognizesoutstanding entrepreneurs who are building and leadingdynamic, growing businesses.Kenneth R.Troske (BA 1984), Sturgill Professor of Economicsand chair of the Department of Economics at the Universityof Kentucky’s Gatton College of Business and Economics,was recently appointed to the five-member CongressionalOversight Panel created in response to t
is both timely and insightful. assistant Professor wolff has received many accolades for his work on Daylight saving time and energy use; he has been featured numerous times in the media, including aBC news, the wall street Journal, Us news, Bloomberg and more. Assistant Professor Hendrik Wolff 2 Washin
Economist. This eleventh edition of the “The Economist Style Guide” is in three parts. The first is based on the style book used by those who edit The Economist; it is largely the work of John Grimond, who over the years was editor of the Britain, United States and Foreign sections, before retiring in 2013. Johnny is a hard act to follow, and
2 Acknowledgments The New Mexico 4-H Curriculum Review Committee revised this project in 2001. Members of the committee were: Shelly Porter, Colfax County Extension Home Economist Owida Franz, Union County Extension Home Economist Betty McCreight, Lincoln County Program Director-Home Economist Margaret Dines, Grant County Extension Home Economist Darlene Dickson, 4-H/Youth Specialist
Vietnam: Deepening International Integration and Implementing the EVFTA 7 This report was prepared by a World Bank team comprising Duc Minh Pham (Senior Economist), Brian Mtonya (Senior Economist), Maryla Maliszewska (Senior Economist), Israel Osorio-Rodarte (Senior Economist), Maria Filipa Seara e Pereira
Group, World Bank, Washington, DC. Cesar Calderón is an Economist in the Office of the Chief Economist for the Latin America and the Caribbean Region, World Bank, Washington, DC. Massimo Cirasino is Head of the Payment Systems and Remittances Services Unit of the Financial and Private Sector Development Vice Presidency, World Bank, Washington, DC.
The Economist Intelligence Unit (The EIU) is the research and analysis division of The Economist Group, the sister company to The Economist newspaper. Created in 1946, we h ave over 70 years ’ experience in helping businesses, financial firms and governments to
The Economist Intelligence Unit (The EIU) is the research and analysis division of The Economist Group, the sister company to The Economist newspaper. Created in 1946, we h ave over 70 years ’ experience in helping businesses, financial firms and . with good reason. In 2018 it was the only one of five categories in the Democracy Index to .
The Economist Intelligence Unit (The EIU) is the research and analysis division of The Economist Group, the sister company to The Economist newspaper. Created in 1946, we h ave over 70 years ’ experience in helping businesses, financial firms and . pound will rise on any good news. This may unleash pent-up investment, pushing up capital .
Feb 16, 2013 · Senior Economist, 2011-2017 Economist, 2004-2011 Intern, Office of the First Deputy Managing Director, 2001-2002 Goldman Sachs, 2018- 2020 Managing Director, Global Macro Research, and India Chief Economist Reserve Bank of
