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The Department of Economics congratulates Andrew Atkeson and Simon Board on being named Economic Theory Fellows by the Society for the Advancement of Economic Theory (SAET). SAET’s purpose is to advance knowledge in theoretical economics and to facilitate communication among researchers in economics, mathematics, game theory, or any other field which is potentially useful to economic […]
The United States criminal justice policy has historically relied on sanctions to enforce compliance. Sanctions became increasingly punitive beginning in the late 1970s, leading to large increases in the correctional populations. Recent years have seen an effort to dial back the severity of punishments and use alternatives to criminal prosecution. Restorative justice conferencing (RJC) is […]
UCLA Economics Professor Dora Costa’s book, The Evolution of Retirement was recently featured in The Atlantic. In the article, The Future of Work Is a 60-Year Career, the author references Costa’s book in relation to the current discussion regarding increasing the age at which people should retire.
This year UCLA participated in the Federal Reserve Challenge for the first time. The Fed Challenge is a nationwide competition among colleges and universities in which student-teams formulate a monetary policy recommendation and present it to judges from the Fed. The UCLA team finished first in its division and in the top 6 nationwide. The […]
There are increasing worries about rising `market power’ of large corporations, both in the U.S.A. and across the globe. Powerful firms can reduce competition on many fronts. The usual worry is that insufficient competition harms consumers by pushing up prices and/or lowering product quality. A lack of competition can, however, also hurt workers if firms […]
On a brisk fall day in 1985, Peter Moglia entered UCLA’s campus as a nervous yet excited freshman, much like the rest of us. He was basking in his recent acceptance on appeal, prompting him to turn down two prestigious military academies, including West Point. However, Peter was soon to face some existential obstacles during […]
UCLA Department of Economics