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From the Chair

Dear alumni, 
We are in the midst of another busy school year here at Duke Economics, but wanted to reach out and say hello. This issue of the newsletter will keep you up-to-date with our departmental happenings during this 2019-2020 academic year. We are highlighting several faculty and alumni that have made fantastic contributions in the field of economics, and are making Duke Econ proud. To that end, professor and former chair Marjorie McElroy is celebrating 50 years at Duke this year. If you know Margie, please join us in congratulating her. 
With the spread of COVID-19, our reunion events have been cancelled. While we look forward to seeing alumni back in Social Sciences, your health and safety is top priority for Duke. If you have question about anything reunion related, please reach out to Duke Alumni Affairs. 

The alumni newsletter is our way of helping you stay connected with the department and the Duke Economics community. If you have a question or suggestion for the newsletter — or would like to share what you've been up to — please get in touch.
Lastly, this is my last annual newsletter as chair of the department. Please watch our website and social media for an announcement about our new chair, who will be installed this summer.

Craig Burnside
Chair, Duke Economics
MAPE alum Donald Moratz ('19) wasn't sure he would find his people at Duke. Luckily, he was wrong. Check out Moratz's "I Knew I Belonged at Duke When..." video. 

Around the Department

Duke Economics Celebrates Milestones for Faculty and Staff

Several Duke Econ faculty and staff celebrated impressive milestones in 2019. What's changed in the department in the last 25 years? What do they love most about working at Duke Econ? Check out the story to find out. 

Duke Econ Faculty and Graduate Students Attended Annual ASSA Meeting in San Diego

Faculty and students headed to sunny San Diego, California for the annual American Economic Association annual meeting. Duke Economics was well-represented through presentations, panel discussions, and participants. 

For One Econ Major, Personal and Academic Fulfillment Comes from a Year in Ireland

Undergraduate economics major Katie Cassedy spent a year in Ireland studying abroad. What was meant to be a semester away turned into a year she'll never forget. 

In the News

The First Milestone in the History of Economics

NPR Planet Money Podcast
Professor Steven Medema talks about the first milestone of the history of economics with the Planet Money podcast. Medema's new book is now available for purchase. 

Researchers Compared Vanguard And Fidelity Funds. Here’s What They Found

Professor Edward Tower and coauthors look at investment giants Vanguard and Fidelity to assess which one provides the best returns for investments.

Ethical College Admissions: Harvard's Preferences

Inside Higher Ed
A review of professor Peter Arcidiacono's paper regarding Harvard's admissions practices regarding athletes and legacy students. 

Duke Study Shows How LinkedIn Helps Job-Seekers Get a Leg Up

The Duke Chronicle
New research from professor Robert Garlick suggests that using LinkedIn can help some job-seekers get a job. 

The Minority Report

Professor Juan Carlos Suárez Serrato's research leads the annual Minority Report, the AEA’s Committee on the Status of Minority Groups in the Economics Profession, the National Economic Association, and the American Society of Hispanic Economists. Suárez Serrato's research looks at how census questions can have implications on federal spending, and how this can have an adverse effect as a result of undercounts and errors.

China’s 2009 VAT Reform and Lumpy Investment Behaviour

Vox Dev
Vox Dev features new research by professors Juan Carlos Suárez Serrato and Daniel Xu, and PhD student Xian Jiang regarding the impact of China's VAT reform. 

2040 Vision: What Will Durham Look Like in 2040?

Indy Week
Professor Charles Becker weighs in on what Durham will look like in 20 years. Becker currently teaches an urban and real estate economics course that focuses on Durham

Duke Students Tackle Interviews Involving Artificial Intelligence

Duke Chronicle
Companies are using different tactics when it comes to interviewing students. DFE teaching director Emma Rasiel is helping students prepare for these unconventional interviews. 

Living Whales are Worth an Enormous Amount of Money

Washington Post
Research done by professor Connel Fullenkamp and co-authors look at how much whales are worth and what kind of impact they have on the environment (and the economy). 

Duke Econ Professor Explores Link Between President Trump's Tweets and the Perception of Central Bank Independence

Duke Economics
President Trump is known for his provocative and often inflammatory tweets, raging against everything from movie stars to the Federal Reserve. Is it possible these tweets actually have an impact on monetary policy? How are people perceiving the effects of these tweets on monetary policy? Professor Francesco Bianchi looks at it in his research. 

Give Women Credit 

Vox Dev
A new paper by professor Erica Field and co-authors examines the apparent gender gap when it comes to entrepreneurship.

Upcoming & Noteworthy

Professor Peter Arcidiacono was named as one of the top education scholars in the United States by American Enterprise Institute director of education policy studies and Education Week blogger Frederick M. Hess.

Ph.D. student Chelsea Garber was named a recipient of the 2020 Dean’s Awards by the Graduate School. The award recognizes “outstanding efforts in mentoring, teaching, and creating an inclusive environment for graduate education at Duke.” 

Ph.D. alumna Margaux Luflade ('18) was named one of the first Saieh Family Fellows in Economics at the University of Chicago.

Professor Vincent Conitzer was named as a Association for Computing Machinery fellow for his work in game theory, social choice theory, and mechanism design. Conitzer was also won an award from the National Science Foundation, in the first-ever 2026 Idea Machine Competition

Professors Christopher Timmins and Marcos Rangel are part of an interdisciplinary group that have received a collaboratory grant to assist with researching issues that affect North Carolina and beyond. 

Duke Econ senior Jenny Jiao and alumna Maya Durvasula ('18) were both awarded a Knight-Hennessey Scholarship, which funds graduate education at Stanford. Jiao will be studying law and Durvasula will enter a joint JD/Ph.D. program. 



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