TRIBUTE TO MIKE WATTS IN THE JOURNAL OF ECONOMIC EDUCATION
The latest issue of the Journal of Economic Education included a memorial article on Mike Watts. Several economists provided personal persectives on Mike's life, his service to JEE, and the significant contributions he made to economic education. The complete article can be read or downloaded at http://www.tandfonline.com/toc/vece20/current#.VbzrGE3bKUk
PURDUE ECON TEAM PLACES FIRST IN RAGNAR
A running team comprised of Economics members, spouses, and friends completed a 200-mile Ragnar relay race. The team ran from Madison, Wisconsin to Chicago in 25 hours and 34 minutes. The team placed first in the Mixed Corporate/Public Service Division. The members of the 12-person team took turns carrying the relay slap bracelet with each teammate running three times for total distances varying from 14 to 20 miles. The six Economics faculty members on the team (including their Ragnar nicknames) were Tim "Mr. T" Cason, Brian "Too 5" Roberson, Sandra "Maxi" Maximiano, Julian "Juro" Romero, Matt "Kaiser" Hoelle, and Yaroslav "Yari" Rosokha.
According to team members, "Ragnar brings a strong sense of camaraderie, teamwork, and friendship. We start together and finish together with a big smile and a huge happy feeling. Our victory also brought a great sense of accomplishment!"
WELCOME NEW FACULTY 2015-2016
We extend a warm welcome to new faculty joining the Department in AY 2015-2016. Specifically, Jillian Carr, Trevor Gallen, Joe Mazur and Miguel Sarzosa join the Department as Assistant Professors of Economics, Andres Vargas as a Continuous Term Lecturer, and Jacopo Magnani as Visiting Assistant Professor of Economics.
Professor Carr earned her Ph.D. in Economics from Texas A&M University. Her research focuses broadly on Applied Microeconomics, Labor Economics and Public Economics. Her exciting and careful empirical research has a particular focus on the economics of crime.
Professor Gallen received his Ph.D. in Economics from the University of Chicago. His research straddles the fields of Macroeconomics, Public Economics, Labor Economics and Health Economics. Dr. Gallen has conducted research related to the valuation of Medicaid, as well as labor market effects of the Affordable Care Act.
Professor Mazur comes to Purdue after receiving his Ph.D in Economics from Duke University. His primary field of interest is Industrial Organization. Professor Mazur has written a number of papers focusing on the airline industry.
Professor Sarzosa received his Ph.D. in Economics from the University of Maryland. His primary fields of interest are Labor Economics and Applied Econometrics. Professor Sarzosa has studied the impact of bullying on skill accumulation and has developed a STATA routine for the estimation of factor models.
Dr. Vargas joins the Department of Economics as a Continuous Term Lecturer. Andres received his Ph.D. from the University of Texas-Austin, and served on the Texas Tech faculty from 2006-2014. Dr. Vargas will be involved with the teaching of Economics 252 (Macroeconomics), one of the most popular courses on campus.
Dr. Magnani joins the Department as Visiting Assistant Professor of Economics. His primary fields of interest are Microeconomic Theory, Experimental Economics and Behavioral Economics. Dr. Magnani's primary teaching responsibilities with be Economics 451 (Game Theory).
In Memory of Michael W. Watts
The Department of Economics and Krannert School of Management are deeply saddened by the passing of our friend and colleague, Mike Watts.
Mike received his Ph.D. in Economics in 1978 from Louisiana State University and joined the Krannert faculty in 1981. He remained on the Purdue faculty for 33 years.
Mike’s academic accomplishments were many: he authored 77 scholarly articles in academic journals, served as the Editor of the Journal of Economic Education, won numerous awards for his teaching, and was invited to share results of his research at universities and institutions around the world.
Mike was particularly passionate about the teaching of Economics. This passion led him to accept the role of Director of the Purdue Center for Economic Education (PCEE), a position he held since 1984. The Center’s charge is to help teachers incorporate economic thinking into elementary, middle and secondary school classrooms, as well as to promote economic literacy across our state. Under Mike’s leadership, PCEE was recently named recipient of the 2014 Peter V. Harrington Award – a distinction reserved for the top Indiana Center for Economic Education.
Mike saw economics in everything, a quality best revealed in his book, The Literary Book of Economics, and in his most recent work focusing on economics and art. He had made great progress on that project, producing a website with thousands of paintings and related economics concepts, which he made freely available to teachers. Sadly he wasn't able to complete that project and write the companion book that was supposed to be, as he said, his "swan song."
The faculty of the Economics Department will sorely miss Mike’s scholarly contributions, service, collegiality and sense of humor. In his honor, and to recognize his extensive contributions to Purdue, the Department will award the Michael W. Watts Scholarship for Excellence in Economics, a scholarship given to an outstanding junior Economics major.
TRIBUTE TO MIKE WATTS APPEARS IN THE JOURNAL OF ECONOMICS EDUCATION
The June 2015 issue of the Journal of Economic Education included a memorial article on Mike Watts. Several economists provided personal persectives on Mike's life, his service to JEE, and the significant contributions he made to economic education. The complete article can be read or downloaded at http://www.tandfonline.com/toc/vece20/current#.VbzrGE3bKUk
PURDUE ECON AMONG THE BEST in RAGNAR
Economics faculty, graduate students, and others placed among the best in the mixed corporation division of the Ragnar Relay in Chicago, 2013. The team's name is "Just Purdue It", a name that won the coveted "Ragnar Nom" (best team's name). Participants in the photo: Top: Kory Garner (Grad. Student Economics) , Matt Hoelle (Assistant Prof. Economics), Abby Engelberth (Assistant Prof. Agricultural and Biological Engineering), Travis Butt (Advisor at Krannert), Christopher Hartwell, Sharon Skorbiansky (Grad. Student Ag. Economics); Bottom: Summer Forester (Grad. Student Political Science), Tom Mustillo (Assistant Prof. Political Science), Christine Jackson (Associate Prof. OBHR), Sandra Maximiano (Assistant Prof. Economics), Lauren Lawson (Julian’s girlfriend), Julian Romero (Assistant Prof. Economics).
WELCOME NEW FACULTY 2013-14
We extend a warm welcome to the new faculty for 2013-14. Joining the ranks of our permanent faculty this year are Dr. Soojin Kim, Dr. Yaroslav Rosokha, and Dr. Cathy Zhang. Also joining the department as a continuous term lecturer is Dr. Benjamin Van Kammen.
We are happy to welcome Dr. Soojin Kim who received her Ph.D. and M.A. in Economics from the University of Pennsylvania. Her research focuses broadly on macroeconomics, public economics, health economics, and labor economics. She is particularly interested in understanding the effects of taxation and health policies as well as the optimal design of government policies.
Dr. Rosokha received his Ph.D. in Economics from the University of Texas at Austin. His research interests concern individual and social learning under uncertainty. Also among his interests are Experimental Economics, Game Theory, and Computational Economics. He will be teaching courses in Economics and also Operations Management.
Professor Zhang comes to Purdue from the University of California, Irvine where she received her PhD. in Economics in 2013 after completing an undergraduate degree at the University of California, Berkeley. Dr. Zhang's areas of expertise lie in macroeconomics, monetary economics, and search theory. She also has research interests in International Economics and Experimental Economics.
Benjamin Van Kammen
Dr. Van Kammen comes to Purdue from Milwaukee, WI, where he completed his Ph.D. in Economics at the University of Wisconsin-Milwaukee in 2013. As a Continuous Term Lecturer, he presently teaches Labor Economics and Econometrics and performs empirical research in the areas of Labor and Household Economics.
WELCOME NEW FACULTY 2012-13
We extend a warm welcome to the new faculty for 2012-13. Joining the ranks of our permanent faculty this year are Dr. Timothy Bond and Dr. Matthew Hoelle.
Professor Bond received his Ph.D. in Economics from Boston University in 2012. His research interests include Labor Economics, Economics of Education, and Social Welfare. His most recent work has focused on the black-white achievement gap in early education and establishment promotion practices.
Dr. Hoelle came to the Purdue Economics Department last year as a Visiting Faculty Member and this year we welcome him to the ranks of our permanent faculty. He received his Ph.D. from the University of Pennsylvania in 2010. His main areas of research are Macroeconomic Theory, General Equilibrium Theory and Game Theory.
Joining us as visiting faculty members are Zhigang Feng and Rui Li. Ron Laschever is filling a joint appointment with the Economics Department and the Department of Consumer Sciences & Retailing. We also extend a warm welcome to Continuous Term Lecturer John Thompson.
Professor Feng received his Ph.D. from the University of Miami in 2009. Since then he has been a Postdoctoral Fellow at the Department of Banking and Finance at the University of Zurich, Switzerland. His research interests are Macroeconomics, Computational Economics, Optimal taxation and Macroeconomic Aspects of Health.
Dr. Laschever received his Ph.D. from Northwestern University in 2007. His research interests include Labor Economics and Applied Econometrics.
Professor Li received his PhD from the University of Wisconsin-Madison. His areas of expertise are Macroeconomics, Corporate finance and Game Theory. Currently he focuses on research of firm dynamics with limited enforcement and asymmetric information based on continuous-time principal-agent models.
Dr. Thompson received his Ph.D. from Auburn University in 1998 and since that time has acquired much experience in academia and in business and economics consulting. His areas of expertise include Applied Microeconomics, Industrial Organization, and Competition Policy.
WELCOME NEW FACULTY 2011-12
We extend a warm welcome to the new faculty for 2011-12. Joining the ranks of our permanent faculty this year is Dr. Anson Soderbery. Joining us as a visiting faculty member is Matthew Hoelle.
Professor Soderbery received his Ph.D. from the University of California in 2011. His areas of expertise are International Trade, Empirical Industrial Organization, and Applied Econometrics.
Matthew received his Ph.D. in Economics from the University of Pennsylvania in 2010. Since then, he has been a Max Weber Postdoctoral Fellow at the European University Institute in Florence, Italy. His research interests are Macroeconomic Theory and Financial Economics, specifically including the equilibrium effects of policy changes related to bankruptcy and taxation.
WELCOME NEW FACULTY 2010-11
We are happy to welcome two new members to our faculty for the 2010-2011 year. Joining the ranks of our permanent faculty this year are Dr. Brian Roberson and Dr. Julian Romero
We are happy to welcome Professor Roberson back to the Purdue Economics Department. Brian received his Ph.D. from the Purdue University in 2005. He had been an Assistant Professor of Economics at Miami University (Ohio). Brian has a number of publications in game theory, with applications in economics and political science. Among his research interests are Economic Theory, Game Theory, Political Economy, and Contest Theory.
Professor Romero comes to Purdue from the California Institute of Technology where he completed his Ph.D. in Economics in 2010. Julian's research interests include Game Theory, Behavioral Economics and Experimental Economics. He also has interests in Political Economy and Numerical Methods. Julian returns to the Midwest and the Big 10, as his undergraduate degree is from Northwestern University.
PURDUE TO CO-SPONSOR UPCOMING INTERNATIONAL CONFERENCE
In July of 2011 the International Conference of the Economic Science Association will be jointly sponsored by Purdue's Krannert School of Management and the Booth School, University of Chicago. Approximately three hundred experimental economists will gather for the event at the Booth School making it one of the world's largest experimental economics conferences.
WELCOME NEW FACULTY 2009-10
We extend a warm welcome to the new faculty for 2009-10. Joining the ranks of our permanent faculty this year are Dr. Gabriele Camera and Dr. Sandra Maximiano.
We are happy to welcome Gabriele Camera back to the Purdue Economics Department where he served as a faculty member from 1997-2007. Professor Camera received his Ph.D. from the University of Iowa in 1997 and since that time he has won a number of awards including a Fulbright Distinguished Teaching Award (Siena Chair in Economics) in 2009/2010 and a Purdue Faculty Scholar Award in 2004. Among his research interests are Applied Theory, Experimental Economics, Monetary Theory, and Macroeconomics. Professor Camera will be teaching at all levels in the Economic Department (including Krannert's MBA Program) and will also continue his work as associate editor of the Annals of Finance and Economic Theory.
Professor Maximiano comes to Purdue from the University of Chicago where she was a postdoc researcher since 2007. Earning a Ph.D. in Economics from the University of Amsterdam in 2007, Sandra has taught courses at that university and also the Catholic University of Lisbon. Her research interests lie in the fields of experimental, behavioral and organizational economics. This year Sandra will be teaching an undergraduate game theory course and a graduate-level course in experimental economics.
We are also happy to welcome visiting professor John Thompson.
Professor Thompson received his Ph.D. in Economics from Auburn University in 1998 with a concentration in industrial organization. Since then he has been teaching at Louisiana State University, the University College of the Cayman Islands, and most recently he has been working as a consulting economist in Los Angeles. He will be teaching Intermediate Microeconomics this fall and spring.
IN MEMORY OF C. P. "ROKO" ALIPRANTIS
It is with great sadness that we report the passing of Distinguished Professor C. D. "Roko" Aliprantis on 2/27/2009. Roko is warmly remembered for his substantial service to the Department of Economics at Purdue, including his generosity to graduate students and faculty members, his loyalty to the Department and to the School, his leadership, and his work ethic. Roko epitomized what a true academic at a research university should be. The following link provides further information regarding Roko's accomplishments, as well as information on those wishing to offer condolences or make a contribution in Roko's name.
WELCOME NEW FACULTY 2008-09
We extend a warm welcome to the new faculty for 2008-09. Joining the ranks of our permanent faculty this year are Dr. Justin Tobias and Dr. Yong Bao.
Professor Tobias received his Ph.D. in Economics from the University of Chicago in 1999. Since then he has taught at the University of California-Irvine and, most recently, at Iowa State University. He is an Associate Editor of the Economics of Education Review. His primary area of research is Bayesian Econometrics.
Professor Bao received his Ph.D. in Economics from the University of California-Riverside in 2004. He comes to Purdue from Temple University. Dr. Bao has published articles in the fields of econometrics and empirical finance. His research interests include time series and finite sample econometrics.
We also welcome visiting professors Subir Chakrabarti and Mostafa Beshkar.
Professor Beshkar received his Ph.D. in Economics from Vanderbilt University in August of 2008. His primary field of research is international trade and he is currently researching the design and implementation of international trade institutions. Professor Beshkar will be teaching Intermediate Microeconomics (fall) and International Trade (spring).
Professor Chakrabarti received his Ph.D. from the University of Iowa in 1985. He is presently on leave from Indiana University Purdue University Indianapolis (IUPUI) where he has been a professor since 1998. Professor Chakrabarti's main research interest is in game theory and economic theory. During the fall semester he will be teaching Game Theory and collaborating on research with Professor Roko Aliprantis.