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Julian Aronowitz '14
When Does a Financial Firm Become “Too Big to Fail?”

Whenever a financial institution nears bankruptcy and requests federal bailout funds, it often claims to be “too big to fail.” Unlike the Titanic’s designers who believed that she was too big to physically sink, financial executives hold no illusions about their firms’ lack of invincibility.  More ...

Erol Balkan
Balkan Discusses Occupy Wall Street Movement in Turkey

Professor of Economics Erol Balkan presented a paper titled “Occupy Wall Street!” on July 7 in an international symposium at Yildiz Technical University, Besiktas in Istanbul, Turkey. The symposium, “Veblen, Capitalism and Possibilities for a Rational Economic Order,” focused on central features of Veblen’s thought.  More ...

Max Schnidman '14
Schnidman ’14 Explores Virtual Worlds in Search of New Economic Markets

Max Schnidman ’14 received an Emerson Grant this summer to research virtual marketplaces. Schnidman first became interested in the idea of online markets when he came across the concept in a New York Times article about the video game Diablo III  last August.  According to the Times article, Diablo III would incorporate a virtual “auction house” where players could conduct exchanges between real dollars and in-game currency known as gold. Diablo III’s auction house is the first-ever sanctioned online marketplace where players can engage in real currency exchanges, and Schnidman believes that this development has potential implications for economic and social policy.  More ...

Ann Owen
Marketplace Quotes Owen on Federal Reserve Archive

In a light-hearted story on the 100th anniversary of the Federal Reserve, American Public Media’s Marketplace reporter David Gura quoted Ann Owen, the Henry Platt Bristol Professor of Economics for a segment titled "Nearing 100, Federal Reserve crowdsources its centennial."  Owen joined John Silvia, chief economist at Wells Fargo, and Williams College economics professor Ken Kuttner in discussing the Fed's new archive.  More ...

Charlotte Beck
Four Retiring Professors Honored at Faculty Meeting

As is the custom at Hamilton, the Dean of Faculty recognizes retiring faculty and hosts a reception in their honor at the last faculty meeting of the academic year. On May 16, Dean of Faculty Patrick Reynolds honored four professors retiring this year: Professor of  Anthropology Charlotte Beck; Jim Bradfield, the Elias W. Leavenworth Professor of Economics; Professor of Government Ted Eismeier; and  Jay Williams ’54, the Walcott-Bartlett Professor of Religious Studies. Following are the tributes Reynolds read.  More ...

Ann Owen
Reuters Quotes Owen in Federal Reserve Article

A Reuters article about the Federal Reserve’s recent efforts to provide greater transparency included comments by Henry Platt Bristol Professor of Economics Ann Owen. A former Federal Reserve Board of Governors economist, Owen said, "Often, opinions about the future course of the economy change quickly when it is at a turning point. Managing expectations about the future state of the economy can help it achieve its goals of full employment and price stability because expectations about the economy can be self-fulfilling.” The article, titled “Officials urge fuller Fed policy reports,” appeared on May 16 and appeared in many additional media outlets.  More ...

Kendall Weir '12
Only a Game Features Weir '12 and Wu NFL Study

Only A Game, an award-winning weekly sports magazine broadcast by National Public Radio, featured an interview with Associate Professor of Economics Stephen Wu about his and senior Kendall Weir’s study, “The Effects of Character on NFL Draft Status and Subsequent Performance.”  More ...

Emily Conover
Conover Presents at Vassar College

Assistant Professor of Economics Emily Conover presented the paper “Conditional Cash Transfers, Political Participation and Voting Behavior” at the Vassar College Economics Seminar Series on April 23. In the paper, Conover and co-authors evaluate the effect of enrollment in a Conditional Cash Transfer (CCT) program on the intent to vote and on electoral choice.  More ...

Emily Conover
Conover Presents at Vassar College

Assistant Professor of Economics Emily Conover presented the paper “Conditional Cash Transfers, Political Participation and Voting Behavior” at the Vassar College Economics Seminar Series on April 23. In the paper, Conover and co-authors evaluate the effect of enrollment in a Conditional Cash Transfer (CCT) program on the intent to vote and on electoral choice.  More ...

Julio Videras
Videras Publishes Paper in Contemporary Economic Policy

“Community Homogeneity and Revealed Preferences for Environmental Goods,” a paper by Associate Professor of Economics Julio Videras, was published in the April issue of the journal Contemporary Economic Policy.  More ...

Stephen Wu and Kendall Weir '12
AP Article Features Weir '12 and Wu Research

“A provocative new study suggests an almost surefire way for any GM to maximize the value of his pick: Choose a player who's already had a run-in with the law,” wrote Associated Press sports columnist Jim Lidke. His assertion referred to statistics reported in a thesis written by Kendall Weir ’12 under the direction of Associate Professor of Economics Stephen Wu. The article, "Undecided who to draft? Scan his rap sheet" was published on April 19 and has appeared in dozens of publications and media sites across the country.  More ...

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