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Items 11-20 out of 331 displayed.

		Fifteen undergraduate students from MIT Economics invited to join the Phi Beta Kappa Society Fifteen highly accomplished undergraduate students from the economics and computer science, economics, and data science majors were invited this spring to join MIT's chapter of the Phi Beta Kappa Society. The Society, founded in 1776, recognizes exemplary academic achievement in the liberal arts. Only ten percent of higher education institutions have Phi Beta Kappa chapters, and fewer than 10 percent of students at those institutions are selected for membership.

		Daron Acemoglu joins the Group of Thirty Institute Professor Daron Acemoglu has joined the membership of the Group of Thirty (G30), an independent global body comprised of leaders from the public and private sectors and academia that aims to deepen understanding of economic and financial issues. Acemoglu's appointment is further recognition of his stature as a leading voice on key issues affecting the world economy.

		Amy Finkelstein: Why Cash Is Better Than Expanded Health Insurance for the Poor Writing in The New York Times, John and Jennie S. MacDonald Professor of Economics Amy Finkelstein considers the effectiveness of direct cash transfers for low-income Americans, as compared to additional government spending on health insurance. Though both interventions provide critical assistance for recipients, Finkelstein argues that, if forced to make trade-offs, policy makers can do more to help the poor by prioritizing cash transfers.

		MIT News: Alp Simsek on the broader economic effects of increased stock market wealth Research by Alp Simsek, Rudi Dornbusch Career Development Associate Professor of Economics, brings new data to bear on the longstanding question of whether and how increased stock wealth affects the larger economy. Simsek and coauthors examine county-by-county data in the U.S. and find that after large market shifts, nontradable (i.e. place-situated) industry activities, including labor compensation, go up. The findings, which reinforce the idea that lowering interest rates and increasing stock wealth can also boost economic activity, have clear policy implications, particularly for central bankers.

		The Power of Pre-K: Parag Pathak and colleagues on the long-term effects of universal preschool New research by Class of 1922 Professor of Economics Parag Pathak, along with Guthrie Gray-Lobe and Christopher Walters, provides important insights on the long-term effects of universal preschool. Studying Boston's public preschool program, Pathak and his coauthors find that, while preschool enrollment has little impact on standardized test scores, it improves short-term behavioral outcomes and ultimately boosts college attendance, SAT test-taking, and high school graduation.

		Claire Lazar Reich named 2021 Knight-Hennessy Scholar Claire Lazar Reich is among six MIT affiliates selected for the newest cohort of the prestigious Knight-Hennessy Scholars program, which funds graduate studies at Stanford University. Lazar Reich graduated MIT with a bachelor of science in mathematics and will receive a joint PhD in economics and statistics this year. She is going on to pursue a JD at Stanford Law School and "aspires to use her legal education to contribute to financial regulation and technology law."

		Edward Davenport and coauthors receive Arrow Award for best paper in health economics Second-year PhD student Edward Davenport, along with Professors Nava Ashraf and Oriana Bandiera of LSE and Scott S. Lee of Vanderbilt, has been awarded the 29th Kenneth J. Arrow Award from the International Health Economics Association. Their winning paper, praised as innovative and informative, "investigates whether career benefits for health workers attract talent at the expense of prosocial motivation in Zambia."

		Sara Fisher Ellison and Daniel Clark honored with Levitan Teaching Awards Senior Lecturer Sara Ellison and PhD candidate Daniel Clark have been honored with SHASS Levitan Teaching Awards for their excellence in academic instruction and leadership. Student nominators noted Ellison's ability to cultivate a supportive and engaging environment for undergraduates tackling challenging course material, and Clark's willingness to thoughtfully and thoroughly convey complex content as a Teaching Assistant in graduate-level microeconomics.

		Esther Duflo and Abhijit Banerjee: India's Problem Is Now the World's Problem Writing for The New York Times, Professors Abhijit Banerjee and Esther Duflo highlight the swift and coordinated actions needed to mitigate the crisis in India, and lessons that the rest of the world must learn from its current outbreak.

		Stephen Morris elected to the National Academy of Sciences Stephen Morris, Peter A. Diamond Professor of Economics, is one of 120 members newly elected to the National Academy of Sciences "in recognition of their distinguished and continuing achievements in original research." The National Academy of Sciences is a private, nonprofit organization comprised of the country's leading researchers, and Morris was elected in honor of his contributions to theoretical microeconomics.

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