News for the Cornell Economics Alumni Community
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Spring Economics Updates

Ezranomics is a quarterly e-newsletter that our economics alumni will receive to stay connected to department news, current students, and each other.  Our alumni are a successful group of individuals working in various organizations throughout the world.  Help us share your successes and tell your story by submitting a class note for an upcoming newsletter issue. 

Highlights of this issue of Ezranomics include:

In Memoriam

We would like to remind you to read about the life and work of Goldwin Smith Professor of Economics Tapan Mitra and Emeritus Professor of Economics Richard Schuler. Mitra and Schuler both passed away in February and are dearly missed by the Cornell Economics Community. 

Department News

Help Us Reach 50 Individual Donations On Giving Day

We would like to remind you that Cornell's 2019 Giving Day will take place on March 14, 2019.  Please consider donating to our department to support graduate student research, undergraduate tutoring, and retaining top-notch faculty.  In 2018, the Cornell Economics Community TRIPLED the number and amount of gifts on Giving Day from the year before.  This year, our goal is 50 individual donations.

Whether your gift is large or small, a donation to Cornell Economics will be put to good use and make a difference for our learning community. Much of what we are able to do in the Department of Economics is due to the generous support of our alumni. 

Your Gift on March 14th Could Help Fund:

Learn more about the opportunities to give here. Your contributions help us to continue to support our faculty, students, and staff as well as to engage in new and exciting initiatives that will enhance the quality of the programs we offer. 

As always, thank you for your continued and generous support!  

Cornell Economics Attends American Economic Association Meetings

Department faculty, field faculty, and graduate students attended the 2019 Annual Meeting of the American Economic Association (AEA) in Atlanta, Georgia. Faculty and graduate students served in a variety of positions; participating as presenters, discussants, panelists, and session chairs. Additionally, our Ph.D. Job Market Candidates interviewed throughout the annual meeting. 

Thank you to those alumni who joined us for the Cornell Economics Reception during the AEA Meetings. It was wonderful to see you and we hope to continue this tradition in the future.

Francine Blau Accepts Distinguished Fellow Award

Francine D. Blau, Frances Perkins Professor of Industrial and Labor Relations and Professor of Economics at Cornell University, was honored with the award of Distinguished Fellow from the American Economic Association. 

Blau was officially awarded the Distinguished Fellow Award during a formal ceremony at the AEA Meetings. She accepted the honor from past Federal Reserve Chair and Brookings Institution economist, Ben Bernanke. ​

“Blau is a labor economist who has made seminal contributions to the study of labor market inequality. Her research on the sources of gender wage gaps in the labor market has transformed the field, and much of what is known today is due to her high quality, innovative, and timely work in the area. She has made notable contributions to other areas of labor economics as well, including studies of other types of wage inequality, immigration, and international labor market comparisons.”
View the AEA Webcast of the awards ceremony here (Prof. Blau is at minute 3:50).
View the photo album from a department celebration in honor of Blau's achievement here.

Congratulations Professor Blau!

Faculty & Research News

Yongmiao Hong Named Econometric Society Fellow

Yongmiao Hong was elected as an Econometric Society Fellow by the Econometric Society, an international society for the advancement of economic theory in its relation to statistics and mathematics. Twenty-two fellows were announced. The Econometric Society publishes a research monograph series and three industry journals including Econometrica, Quantitative Economics, and Theoretical Economics.

Giulia Brancaccio Named Himan Brown Faculty Fellow

Himan Bown Fellowships are designed to help the dean and chairs recognize talented faculty in a broad range of disciplines. This fellowship is made possible through generous support from the Himan Brown Charitable Trust, directed to the College of Arts & Sciences by Richard Kay ’58. Brancaccio will hold the Himan Brown Faculty Fellow title for a five-year period.

Book Investigates Resilience in the Face of Chronic Poverty

The Economics of Poverty Traps,” highlights cutting-edge research on the mechanisms that keep people entrenched in poverty. The book brings together a collection of studies – including two co-written by Professor Chris Barrett – on the processes that allow households to accumulate assets and increase their productivity, and the conditions under which some people and groups struggle to escape from chronic extreme poverty.

Jörg Stoye Published in Econometrica

A new paper by Jörg Stoye and Yuichi Kitamura (Yale), “Nonparametric Analysis of Random Utility Models,” was published as the lead article in the November 2018 issue of Econometrica.  This paper serves as the capstone of Stoye’s NSF Grant (SES-1260980 ), generously awarded by the National Science Foundation from 2013-2016. Read the paper abstract and learn more about Stoye's research here.

Game Theory & Law

"The power of law comes through its ability to help people build up expectations about one another’s behavior."  In this VoxDev video, Kaushik Basu discusses these ideas in this short video about his new book, The Republic of Beliefs. He uses modern game theory to illustrate the compelling argument for why perception about one another’s behavior is key to the power of law."

Alumni News

Alumni Class Notes: Winter 2019 Edition

Graduates of the undergraduate and Ph.D. programs in the Department of Economics have had an impact not only on economics but also on a wide range of industries around the world.  Read the most recent listing of Alumni Class Notes here. 

To submit a class note and read more about interacting with current economics students, please visit our Alumni page.

Graduate Program News

2019 Graduate Student Placement

Learn where the Class of 2019 Ph.D students have started their careers.  Placements include higher education institutions, government entities, and private employers.

To read the full 2019 report, click here. View the historic placement of Ph.D. students from the economics field here. 

In Memoriam

In the last few months, we lost two important members of the Cornell Economics Community: 
  • Tapan Mitra, the Goldwin Smith Professor of Economics and a leading economic theorist of his generation, died of cancer Feb. 3 in Ithaca, New York. He was 70.
  • Richard Schuler, professor emeritus in the Department of Economics in the College of Arts & Sciences and professor emeritus of civil and environmental engineering in the College of Engineering, passed away Feb. 13 at the age of 81.
Please click the portraits below to learn more about their lives, service to Cornell, and contributions to the field of economics.  They are dearly missed by their students and colleagues.
Tapan Mitra wrote or edited more than 150 publications in economic theory and applied mathematics. A prolific researcher, Mitra made definitive, pioneering contributions to the efficiency and equity of intertemporal allocation of resources, capital theory and economic dynamics.

He joined Cornell’s faculty in 1981 and was appointed Goldwin Smith Professor of Economics in 2007.
Richard "Dick" Schuler joined the Cornell faculty in 1972. His research emphasized the micro-planning, management and pricing of infrastructure and utilities, as well as the societal issues of their institutional structure, regional economic impact and environmental consequences.

He wrote extensively on the changing institutional and regulatory needs for the electric industry, including its deregulation.

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