Prof. Till von Wachter’s study in the American Economic Journal found that college students who graduate in a weak labor market initially lose 9% of their annual earnings on average, but erase those losses in 10 years.
Article: http://www.usatoday.com/story/money/2015/05/23/college-grads-jobs/27801847/
John Asker's article, “Raising Retailers' Profits: On Vertical Practices and the Exclusion of Rivals,” (American Economic Review, 104(2), 672-686, 2014) has been awarded thirteenth annual Jerry S. Cohen Memorial Fund Writing Award for Antitrust Scholarship, for the best economics article in 2014. The award places particular emphasis on scholarship that reflects a concern for principles of economic justice, the dispersal of economic power, and the federal statutes designed to protect society from various forms of anticompetitive activity.
Harold Demsetz is the winner of the inaugural Elinor Ostrom Lifetime Achievement Award. This great honor is presented by the International Society of New Institutional Economics (ISNIE) once every two years and is given to an individual who has distinguished themselves by making sustained and significant contributions to institutional and organizational economics.
The Award presentation took place during the Annual Meeting of ISNIE at Harvard University, at a banquet on Saturday, June 20, 2015.
Congratulations Harold!
Professor Till von Wachter’s reviews and comments on the effect of the Los Angeles wage hike on the economy were mentioned in MyNewsLA.
It is with deep sadness that we mourn the death of our colleague George W. Hilton who, at the age of 89, died of heart failure on August 4, 2014. George had requested that we print the obituary that he composed Read More Here.
We are pleased to announce Professor John Asker who obtained Ph.D in Economics from Harvard University, Assistant Professor David Atkin who obtained Ph.D in Economics at Princeton University and Assistant Professor Francois Geerolf who completed his Ph.D at Sciences Po(Paris).
It is with deep sadness that we mourn the death of our colleague Michael Intriligator. Once aware of the seriousness of his illness, Mike faced his prospects with the same courage, determination and equanimity that characterized his very full and productive life. Read more
