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Our newest organization is the Duke Financial Economics Center (DFE), established in 2010. The Center’s goals are to broaden the range of finance courses and research opportunities offered to Duke students, to continue to hire world-renowned faculty in financial economics and to increase opportunities for active engagement between Duke students, faculty and alumni. Most recently, the DFE helped create the Personal Finance at Duke website, designed to provide students and young alumni the skills to manage money well and make informed financial decisions.
ERID (Economic Research Initiatives at Duke) represents our broad research vision as it continually seeks to cast a wide net across typical fields and disciplines in coordinating conferences and its popular Young Economists Jamborees.
In a new ranking of undergraduate universities in the United States based on career outcomes, Duke was ranked as number four in investment banking jobs placement and number seven for finance jobs placement.
The Department of Economics will be hosting its third Empirical Microeconomics Jamboree for young economists this fall. The event, which is sponsored by ERID, will be held on Oct. 3-4 in the Social Sciences building.
“The goal of this ERID conference was to connect macroeconomists who think about finance with finance experts whose work is relevant for macroeconomics,” said organizer Professor Craig Burnside. “This is all in an effort to get finance people to do better macro, and get macro people to do better finance.”
One of the highlights of the conference was the inclusion of various subgroups of economics. Experimental and empirical economists explore and produce data, while theoretical economists use data to formulate new hypotheses. Nine academics presented their research, including James Andreoni, one of the leading scholars in the field of economics of charity.
One of the great contributors to the intellectual life of the Department of Economics is the Economic Research Initiative at Duke (ERID). Its successful Visitors Program has allowed faculty to bring top experts to give lectures and meet with graduate students.
“This is really one of the first workshops to bring well-known and distinguished experts on China together,” said one of the organizers, Professor Daniel Xu. “It was of value even for the presenters themselves, who rarely get to interact face to face with each other."
The Economist magazine features Professor Patton's working paper, "Change You Can Believe In? Hedge Fund Data Revisions.
Duke undergraduates Sam Waters ’15, Spencer Dahl ’15, Wes Koorbusch ‘15, and Jamie Patrick ’13 placed 11th in the 2013 CME Commodity Trading Challenge out of 326 teams nationally.
An undergraduate economics major, Steven Blaser (Trinity ’14), has created an organization called Duke/Durham Saves to make saving contagious. The program hopes to encourage saving among students on campus as well as the Durham community. . .
The Financial Economics Professors have kept very busy this past summer and are maintaining their stride well into the fall semester. Find out what our professors have been up to.