Anna Mikusheva elected Fellow of the Econometric Society
Anna Mikusheva elected Fellow of the Econometric Society
Associate Professor of Economics, Anna Mikusheva, was elected Fellow of the Econometric society in November 2018.
Stephen Morris, newly elected Econometric Society President, to join MIT Economics
Stephen Morris, newly elected Econometric Society President, to join MIT Economics
The Department congratulates incoming MIT faculty member Stephen Morris on his election as President of the Econometric Society. Morris, an outstanding economic theorist who has made transformative contributions to global games, mechanism design, and the foundations of game theory, will join the MIT Economics Department in the fall of 2019.
Department-Wide Seminar: Bard Harstad
Department-Wide Seminar: Bard Harstad
On Wednesday, November 14, Bard Harstad from the University of Oslo will join us to speak about his paper, "Pledge-and-Review Bargaining: From Kyoto to Paris." Professor Harstad will present and analyze a new bargaining model, and then embed it into a dynamic climate change game in order to rationalize the key differences between the Paris Agreement and the Kyoto Protocol. This seminar is open to the public and will take place at 4pm in E51-395.
MIT alumnus William Nordhaus wins Nobel Prize in economic sciences
MIT alumnus William Nordhaus wins Nobel Prize in economic sciences
William D. Nordhaus, a professor of economics at Yale University, won the 2018 Nobel Prize in Economics, along with Paul M. Romer of New York University's Stern School of Business. Nordhaus received his PhD from MIT in 1967 under the supervision of Robert M. Solow. He is known for his work on the long-term interaction of climate change and the economy.
Amy Finkelstein wins 2018 MacArthur Fellowship
Amy Finkelstein wins 2018 MacArthur Fellowship
The John & Jennie S. MacDonald Professor of Economics, Amy Finkelstein, won the prestigious MacArthur Fellowship in 2018 for "formulating robust empirical methods to illuminate the hidden complexities of health care policy and provide data-driven guidance for future innovations in theory and practice." Photo credit to the John D. & Catherine T. MacArthur Foundation.
Second Fama Prize Awarded to Josh Angrist
Second Fama Prize Awarded to Josh Angrist
Chicago Booth's Eugene Fama Prize for Outstanding Contributions to Doctoral Education recognizes authors of exceptional PhD-level textbooks in economics and finance. The second Fama Prize has been awarded to Joshua Angrist (Massachusetts Institute of Technology) and Jorn-Steffen (Steve) Pischke (London School of Economics) for their book Mostly Harmless Econometrics: An Empiricist's Companion, published by Princeton University Press in 2009.
Parag Pathak wins John Bates Clark Medal
Parag Pathak wins John Bates Clark Medal
Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics Parag Pathak was announced as the John Bates Clark winner for 2018, and will be presented with the prize at the American Economic Association meeting in January 2019. The Clark Medal is awarded by the AEA annually to the American economist under the age of forty judged to have made the most significant contribution to economic thought and knowledge.
Featured Research: Amy Finkelstein studies health care spending
Featured Research: Amy Finkelstein studies health care spending
Health economists are trying to find ways to reduce the United States's $3.3 trillion annual health spending, which is nearly double that of peer countries. A working paper co-authored by John & Jennie S. MacDonald Professor of Economics, Amy Finkelstein, proposes that the health care system pay long-term care hospitals the same prices that are paid to skilled nursing facilities, thereby saving around 1% of the country's spending - $5 billion per year. Professor Finkelstein states that she was inspired by colleague and Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics, Esther Duflo's, speech, "The Economist as Plumber," to find and solve small sources of inefficiency, which could add up.
MIT economist, Jerry A. Hausman, elected to the British Academy
MIT economist, Jerry A. Hausman, elected to the British Academy
The British Academy, UK's national academy for the humanities and social sciences, honors Jerry Allen Hausman for his distinguished work in the field of economics. Professor Hausman is one of one of 76 scholars to be elected to the British Academy in 2018.
Featured Research: Abhijit Banerjee studies Raskin, a social support program in Indonesia
Featured Research: Abhijit Banerjee studies Raskin, a social support program in Indonesia
Raskin, or Rice for the Poor, is a social support program set up in the 1990s by the Indonesian goverment to provide rice to the country's most vulnerable families. Despite spending $1.5 billion a year, less than half of the rice was reaching the intended recipients. This is because many local officials were distributing rice to residents not on the poverty rolls or arbitrarily changing the subsidy price themselves. Banerjee and colleagues, including Ben Olken, another faculty member at MIT, began testing possible ways to fix the program in 2012. They sent postcards to the intended beneficiaries of Raskin in more than 500 villages that stated exactly what they were entitled to, which eliminated the village leaders' monopoly on information and resulting corruption.
Featured Research: Amy Finkelstein studies Medicare spending on end-of-life care
Featured Research: Amy Finkelstein studies Medicare spending on end-of-life care
A new paper co-authored by Prof. Finkelstein, "Predictive modeling of U.S. healthcare spending in late life," challenges the widely held belief that a large portion of Medicare spending goes towards end-of-life care. The study found that although Medicare spending is concentrated among people who die, there is very little Medicare spending on patients whose death within the year is highly likely. Prof. Finkelstein says, "I do hope we stop pointing to end-of-life spending as an obvious problem. That's not to say there aren't problems in the U.S. health care system, but this is not a symptom of them."
MIT establishes Jerry A. Hausman Graduate Fellowship in Economics
MIT establishes Jerry A. Hausman Graduate Fellowship in Economics
Former students and friends of longtime Economics Department faculty member Jerry Hausman have joined to honor his immense contributions to the Department and to the profession with the creation of the Jerry A. Hausman Graduate Fellowship. Hausman, the John and Jennie S. MacDonald Professor of Economics Post-tenure, has served for over four decades on the MIT faculty, training generations of students in econometrics, public finance, and applied microeconomics. His research accolades include the AEA's John Bates Clark Medal, the Frisch Medal, and the AEA Distinguished Fellow award, to highlight but a few. The first Jerry A. Hausman Graduate Fellow will be named in September 2018.
Archive >>

QUICK LINKS

UPCOMING EVENTS

view all »

@MITECON

Read More >>