The paper “Index Funds, Asset Prices and the Welfare of Investors” by UCLA Professor William Zame and coauthor Martin Schmalz (Oxford) was recently featured in Money. It concludes that, as index funds become cheaper and more widely available, the price of stocks will increase reducing their returns and therefore the investors’ welfare. The Money article can be […]
By Andrew Atkeson Since the early 1980’s, the residents of the United States (households, firms, and governments) have consistently spent more than they earn, and, as a result, the U.S. has run current account deficits with respect to the rest of the world for the past 40 years. And yet, even as late as 2007, […]
UCLA Professor Juliana Londono-Velez was awarded the Spencer Foundation Large Research Grant on Education for her project “Merit financial aid for low-income students and social mobility.” The grant supports education research projects that contribute to the improvement of education. More details can be found here.
UCLA Professor Martha Bailey was interviewed by PBS News Hour to discuss the increase in the U.S. fertility rate during the COVID pandemic. The PBS video can be found here.
A Washington Post article discusses the paper “The COVID-19 Baby Bump: The Unexpected Increase in U.S. Fertility Rates in Response to the Pandemic,” by UCLA Professor Martha Bailey and coauthors Janet Currie and Hannes Schwandt. The Washington Post article can be found here. The paper, which studies the relationship between the pandemic and fertility rates […]
The 2022 Frontiers of Knowledge Award was awarded to Guido Tabellini, a former PhD student and faculty member of the UCLA economics department, for transforming political economy into a modern, empirical, interdisciplinary science. The award was shared with Timothy Besley and Torsten Persson. The three awardees, together with the late Alberto Alesina, have employed both theoretical and […]
The 2023 North American Summer Meeting of the Econometric Society will be hosted by the Department of Economics at the University of California, Los Angeles, on June 22-June 25, 2023. More information on the Meeting can be found here. The Econometric Society is an international society for the advancement of economic theory in its relation […]
A Journal of Economic Perspective article written by UCLA Professor Andrew Atkeson and IMF Managing Director Gita Gopinath discusses the fundamental contributions to international macroeconomics and international trade of UCLA Professor Oleg Itskhoki, the 2022 John Bates Clark Medal winner. The article can be found here.
The Robert E. Lucas Jr. Prize was awarded to UCLA Professor Oleg Itskhoki and his coauthor Dmitry Mukhin for the paper “Exchange Rate Disconnect in General Equilibrium”, which was published in the Journal of Political Economy. The Robert E. Lucas Jr. Prize is awarded biannually for the most interesting paper in the area of Dynamic Economics […]
A paper by UCLA Professor Will Rafey was highlighted in Science. It studies how water markets boost farms’ outputs. The Science issue can be found here. The paper published by Professor Rafey can be found here.
