DEPARTMENT OF ECONOMICS

In an interview on Minnesota Public Radio, Jackson lays out the bathtub model to illustrate changes in employment.

"Karlan, the most recent chief economist of USAID and a professor of economics at Northwestern, sat before a packed room to share insights on the current state of U.S. foreign aid initiatives in conversation with global finance expert Valerie Friedman, a Northwestern alum and member of the Board of Trustees."

"Economics professors from Stanford and Northwestern Universities determined that the economic damages of a warming climate are probably six times worse than we previously thought. According to their research, every one degree Celsius rise in global temperature (or 1.8 degrees Fahrenheit) leads to a 12% decrease in the world's gross domestic product."

Jackson explains that the decline goes hand-in-hand with school spending cuts, telling the New York Times, "many things can be true at the same time, but I’m confident that changes in school spending over time are a big part of it."

Hartline "actively encourages interdisciplinary collaboration and has a unique ability to connect students from different backgrounds and help them find common ground for impactful research."

"Our findings are another data point in a large and troubling literature showing how the U.S. healthcare system too often leaves certain mothers and certain patients behind," Schnell explains. Her research sheds light on the underlying causes of significantly higher rates of C-section deliveries among Black mothers than White mothers.

Caroline Barry (Econ BA, '08) reflects on how her game theory and behavioral economics classes at Northwestern prepared her for her role.

"Sims is a PhD candidate in Economics in the Weinberg College of Arts and Sciences, where he studies the economic history of the pre-20th century. His research explores historical innovations and their long-term impacts. Outside of his studies, Christopher enjoys watching mystery shows and competing on Northwestern’s Quiz Bowl team."

Horvath (Econ BA, '10) was named to Inc.'s eighth annual list honoring "the nation’s top business leaders who challenge the status quo to tackle some of the world’s biggest problems."

Ryan Tarzy (Econ BA, '09) is co-founder and CEO of Avandra, which seeks to build a "LexisNexis database of imaging."

Karan Kunjur (Econ BA, '09) is co-founder and CEO of satellite startup K2 Space.

Prof. Rognlie received the prestigious fellowship for his work on macroeconomics and international economics.

At a January 9, 2025 event at the Kellogg Global Hub, Prof. Kirabo Jackson discussed his experience serving on President Joe Biden's Council of Economic Advisers beginning in August of 2023. Jackson, a Professor of Economics, Abraham Harris Professor of Education and Social Policy, and IPR Fellow, spoke with IPR Director Prof. Andrew V. Papachristos with an audience of around 200 faculty, students, alumni, and community members.

The Economics Department is saddened to share that one of our former colleagues, Mike Marrese, passed away December 26 in New York. He joined our faculty in the late 1970s and left for the IMF and World Bank in 1992. He subsequently became Vice President of Global and Emerging Markets at J.P. Morgan Chase. Some of our faculty and staff will remember Mike as a colleague; others might know of him by reputation. A memorial service is scheduled for Saturday, January 11, in New York.

"Combining research across three fields – welfare economics, decision theory, and econometrics – this impressive study offers a comprehensive treatment that fleshes out a 'worldview' and juxtaposes it with other viewpoints."

"Combining research across three fields – welfare economics, decision theory, and econometrics – this impressive study offers a comprehensive treatment that fleshes out a 'worldview' and juxtaposes it with other viewpoints."

Schnell and host Emily Oster discuss racial disparity in C-section rates, drawing from Schnell's research on medical bias.

Gordon was one of three scholars awarded an honoris causa doctorate November 4.

"This podcast covers Marty's career, his principal contributions, but primarily his eye-catching, October 2nd Wall Street Journal column -- Factories Aren't the Future."

Charles Manski is one of four members of the Council for North America elected for 2025.

Mar Reguant has been elected as one of the 42 2024 Fellows by The Econometric Society.

"Blending insights from modern economic theory with a wealth of historical evidence, W. Walker Hanlon traces the slow expansion of government intervention across a broad spectrum of government functions in order to understand why and how Britain gave up on laissez-faire."

Känzig and collaborator Adrien Bilal "take a fundamentally different approach to modeling the economic impacts of global climate change than their predecessors. They argue in a recent working paper that the economic damages of climate change are likely six times worse than previously estimated. A 1-degree Celsius rise in global temperature, they say, would lead to a 12 percent decline in world GDP."