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522

Granular Comparative Advantage

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Large firms play a pivotal role in international trade, with a significant share of exports done by a small number of mega-firms, which enjoy substantial market power across destination markets. The fates of these large firms shape, in part, the countries’ trade patterns. For instance, Nokia in Finland or the Intel plant in Costa Rica have […]

523

Lee Ohanian on the Exodus of Firms from California

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Earlier this week, Professor Lee Ohanian joined Eleni Kounalakis, Lieutenant Governor of California, presented and discussed why California businesses are leaving the state in “The Exodus of Firms from California: Facts, Reasons, Solutions” for the Policy Seminar presented by the Hoover Institution. View article here  

524

Elizabeth Obershaw

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Board of Visitors Elizabeth Obershaw Managing Director, Horsley Bridge Partners Elizabeth joined Horsley Bridge Partners, a private equity firm, in 2007. For the previous 16 years she was the Chief Investment Officer of Hewlett-Packard Company’s U.S. retirement plans, investing across the major public and private market asset classes. Elizabeth holds a BA from UCLA and […]

525

Clay D. Young

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Board of Visitors Clay D. Young Retired Senior Partner, Deloitte & Touche LLP Clay is a retired senior partner from Deloitte & Touche LLP. He served clients predominantly in the Technology and Banking sectors, specializing in ERP implementation and IT/Cyber auditing. He held various roles in practice leadership and for client service teams during his 33 […]

528

Lee Ohanian on CNBC!

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As Oracle, Palantir and Hewlett-Packard Enterprise move their headquarters out of California and Elon Musk moves to Texas, California is considering raising taxes on the wealthy to unprecedented levels. Lee Ohanian and other experts say California needs to find more ways to reverse the trend. Watch the full video produced by CNBC, “What’s Driving California’s […]

529

Remembering Bill Allen

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The UCLA Department of Economics is sad to announce that William R. Allen (1924-2021) passed away on January 15, 2021.  Allen obtained his A.B. (Bachelor of Arts) from Cornell College (1948) and his Ph.D. from Duke University (1953). He instructed at Washington University prior to joining the UCLA faculty in 1952. He has been a visiting […]

530

Denis Chetverikov named co-editor of Econometric Theory

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We are excited to announce that Denis Chetverikov has been named the co-editor of Econometric Theory. Since its inception, Econometric Theory has been one of the leading journals in Econometrics (the development and application of statistical methods within economics). ET is an innovative journal dedicated to advance theoretical research in econometrics; it contains original theoretical contributions in all of the […]