News

17 September 2010 12:00AM Economics professors David Laibson (Harvard University), Brigitte Madrian (Harvard University), James Choi (Yale University) and John Beshears (Stanford University) are seeking full-time research assistants who will begin employment during the summer of 2011. This one-year position entails work on theoretical and empirical research related to savings, investment, and psychological economics. The research will use field data, experimental data, and hybrid field experiments.   Full job… read more about Research Assistantship Position for Recent Undergraduate Economics Graduates  »

14 September 2010 12:00AM This Friday, researchers from the U.S. and Europe will meet to discuss new research in the field of pharmaceutical economics. The symposium is in honor of Economics Professor Henry Grabowski, who has been at Duke University since 1972 and is the Director of the Program in Pharmaceuticals and Health Economics.  The program will begin at 9:30am and will be held at the King's Daughters Inn, adjacent to Duke's East Campus. The day will conclude at 6:00pm with a dinner at the Duke Gardens… read more about Pharmaceutical Economics Conference Honoring Grabowski  »

13 September 2010 12:00AM Senior Suanna Oh investigates the roles of hereditary and environmental influence on child development. The Davies Fellowship allowed her to have a different kind of research experience this summer. In her own words, Oh explains her project and experience: I spent the first half of my summer at Duke, doing research as a Davies Fellow. I started on my research in the second semester of my junior year, taking a class on labor economics with Professor McElroy. I became interested in the nature vs.… read more about Enjoying the Time to Carefully Research: Davies Fellow Suanna Oh  »

08 September 2010 12:00AM Davies Fellow Caitlin Gorback, a rising senior, spent part of the summer expanding her research work from the Spring term on trailer parks. Her work will be expanded into an honors thesis this year. Here Gorback shares about her summer experience:  This past summer I have been busy working on an “Explanation of Trailer Parks” which, in the long term, will help shed light on the economic reasons why renters and land owners contract in such a unique fashion. My work this summer began expanding… read more about Exploring the Economic Reasons for Trailer Parks  »

07 September 2010 12:00AM BlackRock's Campus Recruiting Department is currently recruiting for their 2011 Analyst Class and invites economics students to their on-campus information session at Duke University on September 14, 2010. The session is open to economics upperclassmen, student clubs, or faculty who are interested in finance and asset management. It will be a great opportunity to learn more about BlackRock and the opportunities available. Representatives from each of their business groups will be there to… read more about BlackRock Information Session  »

03 September 2010 12:00AM Beginning in September, the Department of Economics will be busy hosting five economics conferences and two economics jamborees. Top senior and junior researchers will be presenting their work in a wide range of areas including but not limited to macro- and microeconomics, finance, econometrics, census research, industrial organization theory and historical scholarship on economics. Following are descriptions of these upcoming events:  The NBER-NSF Time Series Conference, held October 8-9… read more about Innovative Research Highlighted at Seven Gatherings This Fall  »

20 August 2010 12:00AM Daniel Egger, Director of Duke's Center for Quantitative Modeling in the Pratt School of Engineering, has teamed up with Emma Rasiel for a study on equity market “contagion” between the U.S. and Emerging Markets. This is their second project in conjunction with an international asset management firm and a U.S. investment research company. Their first joint study examined characteristics of "dispersion" (cross-sectional standard deviation) in developed and emerging markets equity index returns. Both… read more about Pratt's Center for Quantitative Modeling and DFE Collaborate on Financial “Contagion” Project  »

17 August 2010 12:00AM The Department of Economics is now using the Ustream website platform to offer interested individuals "a window" into the many activities happening in the department. Segments of events like Master's student orientation, conferences, graduation ceremonies, and Financial Education Partnership competitions will be streamed live. Visit the Duke Economics Ustream Channel to see the schedule of upcoming events. read more about Duke Economics Now On Ustream  »

10 August 2010 12:00AM "After the buy-now-and-pay-later economy crashed, we chose a buy-now-and-pay-later recovery," said Professor Connel Fullenkamp, a specialist in economic policy and the regulation of financial markets. He offers his perspective on the economic recovery and the government's intervention in this article that appeared in various newspapers throughout the country. Read the full article. read more about America's Recovery: Off-target and Insufficient Gov't Response  »

06 August 2010 12:00AM Assistant Professor Francesco Bianchi recently won the 2010 Zellner Thesis Award for his dissertation written at Princeton University.  The award is given annually for the best Ph.D. thesis addressing an applied problem in business and economic statistics. It is intended to recognize outstanding work by promising young researchers. Sponsors of the award are the American Statistical Association, under the auspices of the Journal of Business and Economics Statistics (JBES), and Thomson Reuters.… read more about Bianchi Wins Zellner Thesis Award  »

02 August 2010 12:00AM Download this article to read as a PDF. A specialist in industrial organization (IO), Professor Andrew Sweeting examines firm behavior and the performance of markets, especially those with a limited number of competitors. Sweeting is particularly interested in antitrust policy, such as how to analyze mergers, and developing structural econometric models to understand both firms’ strategies (e.g., how to set prices) and market structure. The value of these methods is that they tie theory and empirics… read more about Research Spotlight: Assistant Professor Andrew Sweeting  »

02 August 2010 12:00AM The Goodner Project will be a signature initiative in the new Duke Financial Economics Center, providing Duke undergraduates the opportunity to learn and practice real-world investment strategies with guidance and mentoring from a Wall Street veteran, in conjunction with a Department of Economics faculty member. Funded by an endowment from Duke alumni Blake and Lois Goodner, The Goodner Project will be a simulated exercise, through which a group of undergraduates will… read more about The Goodner Project Allows Students to Learn Portfolio Management From Professionals  »

02 August 2010 12:00AM The Fuqua Program for Entrepreneurs is designed to help entrepreneurial Duke students launch new businesses, in teams led by Fuqua MBAs. Undergraduates have the opportunity to join an entrepreneurial team at various stages (at the discretion of the MBA team leader) and receive course credit in Economics and/or MMS for their work on the startup idea. Learn more about undergraduate participation and opportunities for course credit.   read more about Undergraduates Invited to Participate in Fuqua Entrepreneurship Program  »

01 August 2010 12:00AM The DFE is delighted to announce that John Caccavale will join the Duke Financial Economics Centers in August as Executive Director. Caccavale is a Duke alum with nearly 30 years of experience in the financial markets. He began his Wall Street career with JP Morgan on the foreign exchange desk. In 1996, he was promoted to Managing Director, with responsibility for all Foreign Exchanges sales, trading, and research. Caccavale left JP Morgan following the JPM/Chase merger and was briefly employed by… read more about John Caccavale Joins the DFE as Executive Director  »

29 July 2010 12:00AM Bloomberg , the financial data, news and software company, is building a new global standardized test (the “Bloomberg Aptitude Test” or “BAT”), targeting undergraduate students, to measure a candidate’s level of financial knowledge and overall aptitude to succeed as a financial professional. Bloomberg has selected Duke University, along with other prestigious universities around the globe, to collaborate in the development and testing of BAT.    read more about Bloomberg Collaborates with Duke University to Develop “Bloomberg Aptitude Test”  »

29 July 2010 12:00AM Professor Bill Brown in the Law School will invite several undergraduates to enroll (via an independent study) in Law 353: Equity Evaluation and Financial Statement Analysis in Fall 2010. This course is designed to give the advanced law student a deeper dive into important concepts relating to equity valuation and financial statement analysis. For undergraduates who have already had some exposure to these topics within the economics curriculum, this will be a valuable opportunity to extend their… read more about Undergraduates Learn Equity Valuation from a Legal Perspective  »

27 July 2010 12:00AM Deciding on an undergraduate major is not always simple. Students may start their college studies in one field only to switch into something different. That is the situation in which economics major and track and field team member John Austin found himself in at Duke. Although he was indecisive about his field of study early on, Austin seemed nothing but certain in his athletic competitions from the beginning. The student athlete broke the school record for javelin throwing and has since bettered his… read more about Econ Major and Javelin Thrower John Austin Aims for Success  »

16 July 2010 12:00AM Interested in the connections between energy and the environment, Senior Research Scholar Gale Boyd helps the U.S. Environmental Protection Agency (EPA) to develop tools to implement improved energy management in industry. The EPA's Energy Star program promotes energy efficiency in order to reduce greenhouse gas emissions from consumer appliances, commercial buildings and most recently, the industrial sector.   According to Boyd's report released in June by the Nicholas Institute for Environmental… read more about Researcher Gale Boyd Measures Energy Efficiency, Helps the EPA  »

07 July 2010 12:00AM Former economics department professor Juanita Kreps passed away on July 5 after a long illness. Kreps served as the U.S. Secretary of Commerce during the presidency of Jimmy Carter, the first woman and the first economist to hold the position. Kreps received her MA and Ph.D. in economics from Duke and later returned as a professor. She served academia, the public sector and the business world in numerous capacities throughout her lifetime. "She had not one great career but rather a series of… read more about Juanita Kreps, Former Economics Professor, U.S. Secretary, Passes  »

06 July 2010 12:00AM The Department of Economics is pleased to announce the recent promotions of three faculty members. Connel Fullenkamp has been promoted to Full Professor of the Practice, and Emma Rasiel has been promoted to Associate Professor of the Practice. Gale Boyd, the director of the Triangle Census Research Data Center (TCRDC), has been promoted to Senior Research Scholar. A specialist in economic policy, regulation of financial markets and financial market development, Connel Fullenkamp came to the economics… read more about Congratulations to Faculty Members Fullenkamp, Rasiel and Boyd  »

30 June 2010 12:00AM At first glance, a competitive sport like rowing and a major like economics couldn’t seem farther apart. Rowing conjures images of beautiful lakes and the great outdoors while economics seems to revolve around spreadsheets, graphs and being indoors. However, both rowing and economics are mentally challenging. Rising junior Yangyang Guo knows this well as a member of the Duke rowing team and a double major in economics and international comparative studies. “I was deciding between an undergraduate… read more about Junior Guo Embraces the Challenges of Economics and Rowing  »