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2021-2022

June

Article on the lasting affects of school shootings co-authored by Molly Schnell and Hannes Schwandt

June 28, 2022 – from The Conversation
As the U.S. reels from another school shooting, much of the public discussion has centered on the lives lost: 19 children and two adults. But this death toll captures only one part of the immense cost of gun violence in American schools. We have studied the long-term effects of school shootings on the health, education and economic futures of those who survive such incidents. Our research shows that despite often escaping without physical harm, the hundreds of thousands of children and educators who survive these tragedies carry scars that affect their lives for many years to come.

Matthias Doepke co-authored an article on the economics of fertility

June 28, 2022 – from VoxEU
As fertility rates have declined in high-income countries, the cross-country relationship between women’s labour supply and fertility has reversed. Today, in countries where more women are working, more babies are born. This column suggests that classic models of fertility no longer explain ultra-low fertility rates in high-income countries, where the compatibility of women’s career and family goals are now a key driver of fertility decisions. The authors highlight four factors that facilitate combining a career and childbirth: family policy, cooperative fathers, favourable social norms, and flexible labour markets.

May

Annie Liang Receives NSF Career Award

May 16, 2022 – from Northwestern McCormick School of Engineering
Northwestern’s Annie Liang has received a Faculty Early Career Development Program (CAREER) award from the National Science Foundation (NSF), its most prestigious honor for junior faculty members.

April

Professor Charles Manski Receives Willard G. Manning Memorial Award

April 21, 2022 – from Northwestern Institute for Policy Research
IPR economist Charles Manski and his co-author Francesca Molinari (PhD 2003) received the 2022 Willard G. Manning Memorial Award for their study “Estimating the COVID-19 Infection Rate: Anatomy of an Inference Problem” in the Journal of Econometrics.

Econ Alumnus Starts Successful Crypto ATM Business

April 1, 2022 – from Northwestern Magazine
Today, cryptocurrency seems to be everywhere. But Daniel Polotsky ’17 Econ Alumnus, right, remembers the early days of crypto — back in 2017, when “transactions” meant slapping some cash on a table in a Starbucks and waiting for a payment to your “digital wallet.” Now his company, CoinFlip, has more than 3,000 cryptocurrency ATMs around the country and was named the fastest-growing company in Chicago last year by Crain’s Chicago Business.

February

Piotr Dworczak Among Six Northwestern Professors Named Sloan Research Fellows

February 15, 2022 – from Northwestern Now
Six Northwestern faculty members representing three schools have been awarded a prestigious 2022 Sloan Research Fellowship from the Alfred P. Sloan Foundation. They were selected for their creativity, innovation and research accomplishments which make them stand out as the next generation of leaders.

Professor Christopher Udry and PhD Alum Leonard Wantchekon Publish Articles on the Economies of Africa

February 8, 2022 – from the Journal of Economic Perspectives
The Journal of Economic Perspectives attempts to fill a gap between the general interest press and most other academic economics journals. The journal aims to publish articles that will serve several goals: to synthesize and integrate lessons learned from active lines of economic research; to provide economic analysis of public policy issues; to encourage cross-fertilization of ideas among the fields of economics; to offer readers an accessible source for state-of-the-art economic thinking; to suggest directions for future research; to provide insights and readings for classroom use; and to address issues relating to the economics profession.

Read the Winter 2022 Department of Economics Newsletter

February 2, 2022 – from Northwestern Department of Economics
Featuring a letter from our Chair, Joseph Ferrie; Thank You to our donors; Undergraduate Spotlight on Wilma Tay, who participated in the Posner Research Program in Summer 2021; Faculty Updates; and an Alumni Spotlight.

January

Robert Gordon's Article, "How to Boost the Payoff from Innovation While Shrinking its Destructive Side Effects"

January 12, 2022 – from Business History Review
Gather a group of economists together and ask what most concerns them, and a wide variety of topics would soon emerge: slowing economic growth in the rich nations, the inability of many poor nations to converge toward the rich, rising income and wealth inequality, the increasing dominance of superstar firms, growing profit margins and the decline in labor's income share, globalization and the human costs of outsourcing, deaths of despair, and the threat of climate change. Decade after decade, numerous books have been written about each of these issues. But here we have in one compact package a blockbuster book that deals with all of them.

December

Francisco Pareschi and Maren Vairo awarded the Robert Eisner Memorial Fellowships

December 13, 2021
Two fellowships were awarded to honor the late faculty member and AEA President Robert Eisner. For 2021-22, the Fellowships were awarded to Joao Guerreiro and Udayan Vaidya. The fellowship or fellowships are awarded annually to fourth-year students who have distinguished themselves in both teaching and research.

Jose Alvarado and Anran Li awarded the Susan Bies Prizes for Doctoral Student Research on Economics and Public Policy

December 13, 2021
The Susan Bies awards are given to the best public policy papers presented as part of the Economics 501 seminar. The winners for 2020-21 were Jose Alvarado for "Tax Evasion, Heterogeneous Rate of Returns, and Wealth Inequality" and Anran Li for "Limited Commitment, Competition, and Market Segmentation in Non-Acute Care Provision.” The prizes were generously donated by alumna Susan Schmidt Bies (PhD, 1972).

November

October

Joshua Sherman's article, "When Antitrust's Consumer Welfare Standard And ESG Collide"

October 14, 2021 – from Law360
The consumer welfare standard has been a subject of intense interest and debate recently in the U.S., punctuated by the 19-hour debate session in Congress in late June, the July executive order aimed at promoting competition in the U.S. economy, the Federal Trade Commission’s 3-2 vote on Sept. 15 to withdraw its approval of the 2020 Vertical Merger Guidelines and the Sept. 22 memo from the FTC Chair Lina Khan regarding her vision and priorities for the organization.

September

Joel Mokyr cited in article, "Men Are Losing Their Grip in the New Economy"

September 26, 2021 – from Bloomberg
It's no longer a man’s world. Pundits have speculated for more than a decade about the end of men. After centuries of dominating the economy, most of the job growth is in industries where women traditionally work. And those jobs require more education. The latest piece of data is that women are dominating college enrollment. In a few years, two women will earn a degree for every one man.

Joel Mokyr named a researcher of "Nobel Class"

September 24, 2021 – from Northwestern Now
Northwestern University economics professor Joel Mokyr today (Sept. 22) was named a 2021 Citation Laureate™, for his studies of the history and culture of technological progress and its economic consequences.

August

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