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1092

Jerry Hausman gives Inaugural MAE Lecture

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Jerry Hausman, the John and Jennie S. MacDonald Professor of Economics at MIT, gave the inaugural Lecture of the Masters in Applied Economics Distinguished Speakers Series. The talk was entitled “Future Productivity: Pessimistic and Optimistic Viewpoints” and discussed the future evolution of productivity. Professor Hausman spoke about the changing roles of human and intellectual capital, and […]

1093

Lee Ohanian on Trump’s economics plan

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The following is from the San Diego Tribune Trump policies not good for growth, says UCLA economist On the eve of inauguration day, UCLA economist Lee Ohanian told a local audience Wednesday that President Donald Trump’s policies may not achieve his desired levels of economic growth and job gains. Speaking to the San Diego Regional […]

1094

UCLA ranks #1 in Economic Mobility

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In a recent study by economist Raj Chetty and coauthors ranks UCLA at #1 in their economic mobility index. In particular, 19.2% of UCLA students come from the bottom 40% of the income distribution, and 8.3% from the bottom 20%, more than any other elite university. See the New York Times article and the mobility statistics on UCLA

1096

Andres Santos

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Andres Santos is a Professor of Economics at UCLA. Before joining UCLA, Professor Santos earned his Ph.D. from Stanford University and was a faculty member at UCSD. His research centers on theoretical econometrics, with an emphasis on the development of estimation and inference methods for cross-sectional datasets. He is a fellow of the Econometric Society and the […]

1097

Adriana Lleras-Muney Named by President as a Top Scientist

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On January 9th, President Obama named Adriana Lleras-Muney as a recipients of the Presidential Early Career Awards for Scientists and Engineers (PECASE), the highest honor bestowed by the United States Government on science and engineering professionals in the early stages of their independent research careers. “I congratulate these outstanding scientists and engineers on their impactful work,” President […]

1099

Measuring the Financial Soundness of Firms

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A commonly held view is that adverse macroeconomic shocks are greatly amplified when firms are financially unsound.  For example a large adverse macroeconomic shock will trigger the bankruptcy of highly levered firms. When it does not trigger bankruptcies, this shock will create a debt overhang amongst highly levered firms, slowing down investment.  A related amplification […]

1100

Conference in honor of Hugo Hopenhayn

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This weekend the department hosted a conference in honor of Hugo Hopenhayn. Since receiving his Ph.D. from Minnesota, Professor Hopenhayn has made fundamental contributions to industrial organization, macroeconomics and finance. Professor Hopenhayn is perhaps best known for his work on the evolution of industries, where he has provided elegant, tractable and quantitatively accurate models of […]