UCLA takes Third Place in the Fed Challenge

UCLA’s team took third place in the annual Fed Challenge, a national competition that asks teams of undergraduate students to analyze the economy and present a monetary policy recommendation to judges from the Federal Reserve. This year, 139 schools took part in the competition, with 3 teams from each of the six regions chosen to advance to the semifinal Q&A round, and 6 finalists selected as the winners of each region. The other finalists were Pace University (first place), Harvard University (second place), University of Pennsylvania, University of Chicago, and Davidson College. UCLA’s team was composed of Blake Balak, Terrence Yu, Jiya Barman, Valentina Alencar Barros, and Loretta Lye. Professor Chris Surro and graduate student Ali Haider Ismail advised the team. Our students registered for Econ 162 (Monetary Policy) as part of their preparation for the Challenge. You can find the press release from the Fed here.

Alumnus Spotlight: Terry Kramer ’82 – Supporting UCLA

UCLA Economics Alumnus, Terry Kramer ’82, and member of the Economics Department Board of Visitors is the subject of the most recent “Alumnus Spotlight.”   Terry was also the guest of honor and delivered the Commencement Address to our Economics class of 2025.

Read the full story here.

UCLA Professor Till von Wachter and the California Policy Lab awarded a $5.95M grant from Conrad N Hilton Foundation

The Conrad N Hilton Foundation has awarded a $5.95 million grant to Professor Till von Wachter and the California Policy Lab (CPL). The foundation, a long-term supporter of the Lab, approved this landmark, three-year grant in recognition of CPL’s leadership and data-driven approach on strategies to prevent homelessness. The grant announcement can be found here: https://www.hiltonfoundation.org/news/advancing-homelessness-prevention-through-research-and-policy-a-conversation-with-janey-rountree-of-the-california-policy-lab/.