Professor Klaus Desmet’s groundbreaking work on carbon taxes garners international attention

Dr. Desmet, along with coauthors Bruno Conte and Esteban Rossi-Hansberg, discuss how a unilateral carbon tax introduced by the United States or the European Union may be a boon for the world, even in the short run. This Vox EU column goes into more discussion.

PhD Alumnus, Punarjit Roychowdhury, receives Prof. M.J. Manohar Award

Former PhD student, Punarjit Roychowdhury, has been awarded the prestigious Prof. M.J. Manohar Rao Award 2021! The Indian Econometric Society (TIES) – the oldest and largest body of professional quantitative economists and econometricians with more than 2000 members from all over India and abroad – gives this award once a year to an Indian economist under the age of 35 years who has made outstanding contributions to quantitative economics while working in India.

PhD student, Jun Nie, gets first journal acceptance

Jun Nie, a 5th year PhD student in economics at SMU, had a paper accepted for publication at the European Journal of Political Economy. The paper, coauthored with James Lake, is called “The 2020 US Presidential Election and Trump’s Wars on Trade and Health Insurance”. Jun is interested in international trade, multinational firm structure, growth and structural change. He has exciting projects on the impact of trade on technology diffusion in explaining cross-country income differences as well as the role of multinationals and foreign direct investment on services trade. Take a look at his website for more information:

Dr. Kim’s research garners attention

Dr. Wookun Kim recently presented his working paper titled “Heterogeneous Local Employment Multipliers: Evidence from Relocations of Public Entities in South Korea”  in the Atlanta Fed’s Early Career Program Workshop. The authors (joint with Changsu Ko and Hwanoong Lee) estimate local employment multipliers following an episode of relocations of public entities in South Korea. They find that an introduction of one public sector employment increases the private sector employment by one unit, with employment growth in the services sector driving this increase in private sector employment. In addition to the effects being highly localized, their results imply that local employment multipliers tend to be higher in areas with predetermined characteristics that allow faster and larger general equilibrium responses to take place after the public sector shock. Here is a link to a summary, along with the other papers at the workshop:

Dr. Wheaton Receive Grant from the DOJ

Congratulations to Elizabeth Wheaton, Senior Lecturer in Dedman College’s Department of Economics, will serve as PI along with co-PI’s Corey Clark, Assistant Professor in the Guildhall and Computer Science Department and Raanju Sundararajan, Assistant Professor in Statistics Department for the DOJ’s $1.187M grant in support of the SMU Human Trafficking Project. With this funding, the SMU Human Trafficking Project will build a data warehouse to securely collect, enhance, analyze, and disseminate human trafficking data and conduct human-in-the-loop machine learning via human computational gaming, statistical, and economic research that can be used for policymaking.

SMU to host the Fall 2022 Midwest Macroeconomics Meeting

The conference will take place Nov. 11-13 on SMU’s campus. The scientific committee is made up of faculty from SMU’s economics department as well as economists from the Dallas Fed’s research department.We anticipate more than 160 papers presented by authors from universities and policy institutions across the United States and around the world. Click here for the conference website.

Dan Millimet wins SMU Distinguished Professor award

Our department chair has been chosen to receive the 2022 Dedman Family Distinguished Professor Award. The award recognizes his significant research achievements and outstanding service to the university. He joins the past winners in the Economics department, Nathan Balke in 2007 and Santanu Roy in 2014. Congratulations, Dr. Millimet! Continue reading “Dan Millimet wins SMU Distinguished Professor award”