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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 […]
Biography: Sonia Yan is a third-year student majoring in Business Economics and Statistics with a concentration in Value Investing. At UCLA, she serves as the External Vice President for UConsulting, an undergraduate consultancy focused on increasing accessibility to the management consulting industry, and Bruin Asset Management, a student-run investment organization. Outside of school and work, […]
Biography: Elisa Xu is a third year undergraduate student at UCLA majoring in Economics and minoring in Accounting. She has been working as a Digital Marketing Intern at UCLA School of Law since her freshman year, which sparked her interest in the impact of communications and other related business activities on brand image and reputation. […]
UCLA Department of Economics