Department of Economics

The Economics department is hosting a panel discussion titled, "Assessing the Implications of Trump's (stated) Economic Policies."

Professor Rajiv Vohra, Ford Foundation Professor of Economics, has been named a Fellow of the Econometric Society, a professional organization founded in 1930 to promote theoretrical and quantitative approaches "penetrated by constructive and rigorous thinking similar to that which has come to dominate in the natural sciences."

Brown Professor Eric Renault has been invited to deliver the Halbert White Jr. Memorial Lecture at the forthcoming meeting of the Society for Financial Econometrics to be hosted by NYU's Stern School of Business June 21 - 23, 2017. More information  on the conference is available here.

Professor Roberto Serrano's intermediate microeconimics textbook, co-authored by emeritus Brown economics professor Allan Feldman, has just appeared in its first Spanish edition, from the publisher Garceta.


On Tues., Oct. 25, our own Jesse Shapiro will deliver a Presidential Award Lecture titled "How to Talk like a Republican, and Other Lesson from Using Text as Data." Shapiro is only the sixth Brown faculty member chosen to deliver such a lecture since the programs initiation in 2013. See more.

The first public lecture sponsored by the Economics Department this academic year will be the Frederic B. Garonzik Lecture, organized by the Rhodes Center for International Economics and Finance. 

As discussed in the New York Times, a new paper by Brown’s Jesse Shapiro and co-authors Matthew Gentzkow and Matt Taddy applies novel methods to measuring changes in political polarization between the major parties from 1873 to 2009.

Pascal Michaillat, a macroeconomist who earned his Ph.D. at the University of California, Berkeley in 2010, is joining the faculty of Brown’s Economics department. After teaching several years at London School of Economics, he’ll be an Assistant Professor at Brown on his arrival in the summer of 2016. Michaillat’s research has focused on a variety of topics related to unemployment, and he will teach undergraduate intermediate macroeconomics during his first year at Brown. 

Fifteen students completing their Ph.D. degrees this year have accepted offers obtained in this year’s job market, while seventeen applicants who were offered places in it have accepted admission into the graduate program of Brown’s Economics Department. Graduating students are launching their careers with positions at U.S. and foreign universities, and in government and industry.

At Brown’s 248th Commencement, which took place Sunday, May 29, 2016, Brown’s Economics Department awarded more than two hundred degrees in Economics and its joint concentrations with Applied Mathematics, Mathematics, and Computer Science. 150 students earned the AB in Economics, 51 earned the AB or BSc in Applied Mathematics – Economics, 9 earned degrees in Computer Science – Economics, and 4 in Mathematics – Economics. 

In her Sargan Lecture, Susanne Schennach looks at how economists can learnfrom errors and how it is important to account for measurement error in thelearning process. You can view the lecture on Youtube.

Professor Oded Galor will deliver the Zeuthen Lectures. Previous lecturers have included Eric Maskin (Harvard University, Dale Mortensen (Northwesten), Ariel Rubinstein (Tel-Aviv University), and Richard Blundell (UCL). See more..

Two graduating senior concentrators, Mira Dumbalska and Sukrit Jain, have been selected to receive the Baker and Emory Fellowships in support of their graduate studies. Both students have worked as undergraduate teaching assistants for economics courses, have served as Meikeljohn advisors, and exhibited leadership in other roles.  

The American Economic Association, the leading scholarly organization of the U.S. economics profession, has honored Brown’s Glenn Loury by naming him one of four Distinguished Fellows in 2016.

The department has begun a six year, $2.5 million project focusing on both the drivers and consequences of inequality, with a strong emphasis on the upper parts of the wealth and income distributions.

Rajiv Vohra, Ford Foundation Professor of Economics, has been elected to serve a six year term as a member of the twelve person council of the Game Theory Society.

In New York Times article, Justine Hastings discusses practical implications of her research with Jesse Shapiro on mental accounting for public policy and personal decisions.

Brown economics professor Anna Aizer testified before the Rhode Island House Judiciary Committee regarding RI House Bill 7608 which seeks to establish a minimum age at which juveniles could be detained in the RI Juvenile Detention Facility.

The White House OSI Director visited RIIPL and spoke about the power of evidence-based policy to transform social services in the United States. He highlighted how "RIIPL’s efforts indicate the critical role that evidence-based analysis can play in improving vital programs..." RIIPL is directed by Economics and Public Policy Professor Justine Hastings.

The noted biologist, geographer and historian Jared Diamond will be the guest of Brown’s Economics Department on March 23 and 24, 2016. He’ll deliver a public lecture to the university at 4:00 p.m. on Wed. March 23, titled “Why did history unfold in different ways on different continents for the last 13,000 years?” and will engage in an informal colloquium with members of the Economics Department on the role of adoptions of agriculture in influencing differential patterns of global economic development, at 4:00 p.m. March 24.

The 2016 NSF/CEME Decentralization Conference will be hosted by the Department of Economics, Brown University, and will take place between Friday, April 1 and Sunday, April 3, 2016 on the Brown campus in Providence, Rhode Island.  The conference is sponsored by generous funding from the National Science Foundation, the Department of Economics, and the Watson Institute for International and Public Studies at Brown University.

An article by Anna Aizer (Brown University) is among the most cited 2015 articles published by the prestigious Quarterly Journal of Economics. The article shows that incarcerating juveniles lowers their high school completion rates and results in higher adult incarceration rates. 

Nancy L. Rose, Deputy Assistant Attorney General for Economic Analysis in the Antitrust Division of the U.S. Department of Justice, will deliver this year’s Bernard I Fain Lecture on Thursday March 3 at 4:00 p.m. at Carmichael Auditorium, 85 Waterman Street. The lecture, directed at the university community as a whole, is entitled “The Economics of Competition Policy in the 21st Century Economy.”

RIIPL, the new Rhode Island Innovative Policy Lab launches its website. RIIPL is directed by economics professor Justine Hastings. Learn about how RIIPL puts science and economics to work to increase equity and opportunity.

Professor Susanne Schennach will deliver a keynote lecture, the Sargan Lecture, at the 2016 meeting of the U.K.’s Royal Economic Society. Previous Sargan lecturers have included Helene Rey (London Business School), Ariel Pakes (Harvard), Charles Manski (Northwestern) and Michael Keane of Oxford University, himself a Brown Ph.D. recipient in 1990.

The website Microeconomic Insights discusses Professor Jesse Shapiro’s paper with Matthew Gentzkow and Michael Skinson, Competition and Ideological Diversity: Historical Evidence from US Newspapers, which was published in the American Economic Review in 2014.

A newly published paper by Professor Brian Knight, former Ph.D. student Ruben Durante, currently teaching at Sciences Po in Paris, and two co-authors is highlighted at the American Economic Association's website. The paper, "Market-based Lobbying: Evidence from Advertising Spending in Italy," focuses on the Berlusconi media empire and appears in the January 2016 issue of American Economic Journal: Applied Economics.

Students in ECON 1400, Economics of Mass Media, conducted original research in fall semester 2015. Their findings are available to the Brown community in a class blog