MIT News: Jonathan Gruber honored with 2021 MITx Prize for Teaching and Learning
MIT News: Jonathan Gruber honored with 2021 MITx Prize for Teaching and Learning
Ford Professor of Economics Jonathan Gruber has received a 2021 MITx Prize for Teaching and Learning in Massive Open Online Courses (MOOCs). Gruber was recognized for his AP Microeconomics course (14.01x), which uses MIT materials geared toward high school learners to help them prepare for the College Board exam.
Abhijit Banerjee and Esther Duflo: If we can vaccinate the world, we can beat the climate crisis
Abhijit Banerjee and Esther Duflo: If we can vaccinate the world, we can beat the climate crisis
Writing for The Guardian, Professors Esther Duflo and Abhijit Banerjee consider the parallels between a worldwide vaccination campaign and the coordinated worldwide effort that will be required to confront the climate crisis.
Anna Mikusheva receives 2021 Teaching With Digital Technology Award
Anna Mikusheva receives 2021 Teaching With Digital Technology Award
Professor Anna Mikusheva has been honored with a 2021 Teaching With Digital Technology Award. Co-sponsored by MIT Open Learning and the Office of the Vice Chancellor, the awards recognize excellence in digital teaching for both online and hybrid classes.
Daron Acemoglu joins the Group of Thirty
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.
Fifteen undergraduate students from MIT Economics invited to join the Phi Beta Kappa Society
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.
Amy Finkelstein: Why Cash Is Better Than Expanded Health Insurance for the Poor
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
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.
Sara Fisher Ellison and Daniel Clark honored with Levitan Teaching Awards
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.
The Power of Pre-K: Parag Pathak and colleagues on the long-term effects of universal preschool
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 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."
Three from MIT Economics speaking at Restud Tour 2020-21
Three from MIT Economics speaking at Restud Tour 2020-21
PhD candidates Allan Hsiao, Carolyn Stein, and Masao Fukui are among seven students selected to speak at the 2021 Review of Economic Studies May Meetings. The annual Restud Tour is an opportunity for some of the world's most promising doctoral students in economics and finance to present their research to audiences in Europe. Incoming assistant professors Ian Ball and Nina Roussille are also among those presenting at this year's double tour, which features speakers from 2020 and 2021.
Edward Davenport and coauthors receive Arrow Award for best paper in health economics
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."
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