Our students’ needs are acute and the effort required is considerable:
Corps members work 60-hour weeks, much of that time spent tutoring two
or three students. Corps members also take on secondary projects at
the school such as coaching teams, leading clubs or assisting teachers
and staff. Corps members receive housing in a modern apartment
building in downtown Newark, as well as a modest living allowance.

Acceptance into our program is highly competitive. When considering
applications, we are looking for a strong academic record, good
interpersonal skills and a readiness to rise to the demands that come
with working in an urban school. Above all: A relentless work ethic.
Find more information and apply online at www.greatoakscharter.org

The Fund for the Public Interest (aka “the Fund”) helps some of the top progressive organizations in the country work on issues such as clean water, equal rights for GLBT Americans, and ending subsidies to corporate farms.  And we’re hiring!

Specifically, we’re hiring Citizen Outreach Directors to run our grassroots campaign offices across the country next fall — working on behalf of groups like the Environment America, the Human Rights Campaign and US PIRG.

We are looking for smart, motivated students who want to get their hands dirty and make a real impact on some of the most critical issues facing our society.

If you are interested in applying, visit our website at www.fundjobs.org, or contact me directly - 831-459-0553, wgustafson@fundstaff.org .

I’m looking forward to speaking with you more about our positions!

- Walt Gustafson, Citizen Outreach Director for the Fund for the Public Interest

Rao graduated with a double major in Economics and Management from the Massachusetts Institute of Technology in 2004. Because of her interest in policy, she initially thought she would become a policy analyst, but her inquiries on the effects of different policies led her to academia. Rao returned one year later to pursue a PhD in Economics. Upon completion in 2010, she began working at NYU.

“I am interested in how individuals respond to changes in the incentives they face and how they make decisions. At its heart, my academic work examines the impacts and consequences of policy choices partly in hope of informing discussions of what better policy looks like,” Rao said.

Policy also led her to her paper topic.

“In 2008, oil prices reached $140 a barrel and there were debates on the campaign trail and in Congress. I knew we’d had a windfall profit tax on oil producers decades ago so I tried to find a study examining the consequences of that tax. I couldn’t find one so I decided to look into it myself,” she said.

Rao gathered data and ran regressions and found that a ten percent tax on oil reduces oil production by 2.4 percent. She used the information she found to examine the deadweight loss of an oil tax.

“Because oil is an exhaustible resource, the deadweight loss doesn’t come from an output gap (the oil will eventually be pumped); instead it comes from higher production costs and the reduced present discounted value of profits because they will be delayed,” she said.

During her lecture at Colby, she discussed the impacts of past oil taxes and the different tax amounts on the variations in types of oil indexed.  Her research estimated a much larger overall elasticity of oil compared to what past studies have shown.

Some of her other work looks at the effect of tax credits on R&D spending by private corporations. She published one paper from her dissertation last year in the National Tax Journal.

Rao is currently starting a project with a co-author on the business cycle on the strength of the social safety net. They will look at the effects of fiscal stress on the likelihood that Medicaid-eligible individuals become program participants.

Barbezat Mentors Young Female Economists
Professor Debra Barbezat’s research focuses on academic labor markets. Her interests include gender pay gaps and the influence of seniority, mobility, collective bargaining, salary structure and other factors on academic salaries. Her research has led to service with the American Council on Education and the American Association of University Professors, and she is a contributing author in Gender and Education: An Encyclopedia. She has been active in the Committee on the Status of Women in the Economics Profession’s mentoring program and is featured in CSWEPS Winter 2006 newsletter.

Donihue Directs Impact Assessment of Area Healthcare
Professor Michael Donihue’s current research focuses on the role of housing wealth on retirement saving behavior using a longitudinal data set of US households. During a recent summer, Professor Donihue directed an economic impact assessment of the current healthcare delivery system in Maine’s Kennebec Valley Region. Professor Donihue is chair of the department in 2011-2012.

Findlay Studies Behavioral Effects of Payday Lending
Pugh Family Professor of Economics Dave Findlay’s current research examines the effects of payday lending on individual behavior and on the precautionary demand for money. His research interests also include the ability of the yield curve to predict regional economic activity, the economics of sports, and discrimination in sports. At Colby, he has taught courses in introductory macroeconomics, intermediate macroeconomics, Money and Banking, Presidential Economics, and Open Economy Macroeconomics. Professor Findlay is also Colby’s liaison for the Thomas J. Watson Fellowship.

Long Awarded NSF Grant to Study 19th Century Migration
Associate Professor Jason Long was recently awarded a two-year grant from the National Science Foundation to support his research on social mobility in Britain since 1850. The particular focus of the grant is to explore the roles of education and migration in income mobility. The award pays for Colby students to assist in gathering and analyzing data from 19th century British census records. Long spent his last sabbatical with the Department of Economics at the University of Oxford.

Meehan Specializes in Antitrust Economics
Herbert E. Wadsworth Professor Jim Meehan’s research interests include antitrust and regulation economics, sports economics, and the economics of markets and organizations. Before coming to Colby, he served as an economist at the Antitrust Division of the U.S. Department of Justice, as an economic advisor to one of the commissioners at the Federal Trade Commission, and as an Assistant to the Director of the Bureau of Economics at the Federal Trade Commission. He also serves as a consultant to private clients in antitrust matters.

Vuletin is Visiting Researcher at the Central Bank of Argentina
Assistant Professor Guillermo Vuletin’s current research focuses on exchange rate regimes, capital controls and monetary and fiscal policy. In addition, he also worked on empirical issues related with poverty, informal markets, inequality and labor markets in Latin America and the Caribbean during his internships at the IMF and World Bank. He is a frequent Visiting Researcher at the World Bank in Washington, D.C. and the Central Bank of Argentina.

Waldkirch Shares Expertise on International Economics
Associate Professor of Economics Andreas Waldkirch’s research focuses on economic integration and foreign direct investment (FDI). His recent projects have explored the effect of NAFTA on FDI, the employment and productivity effects of FDI in Mexico, the possibility of productivity spillovers in Ghana and the spatial dimensions of FDI into U.S. states. The Ghana paper is joint with Andra Ofosu ’07 and is published in World Development, one of Economics’ leading development journals. Prof. Waldkirch has recently also been a visiting researcher at the Research Institute of Industrial Economics in Stockholm/Sweden and the Kiel Institute for the World Economy in Germany.

October 18, 2012
“Hui: A Case Study of a Sequential Double Auction of Capital”
Harry Paarsch
University of Melbourne

CBB Annual Economics Conference
April 28, 2012
Colby College

Research Seminar

April 12, 2012
Economic Shocks and Civil Conflict
Masami Imai
Wesleyan University
<br>

Research Seminar

March 8, 2012
“The Long Arm of Colonialism? Landownership and Institutions in Early Independent Peru”
Leticia Arroyo Abad
Middlebury College
<br>

Research Seminar

November 30, 2011
“Taxation and the Extraction of Exhaustible Resources: Evidence from California Oil Production”
Nirupama Rao
New York University

Research Seminar
October 27, 2011
“Does Happiness Matter? The Effect of Teacher Job Satisfaction on Productivity”
Lauren Calimeris (Colby ’03)
Metropolitan State College of Denver

Research Seminar
October 19, 2011
“Child Ability, Parental Investments and Child Nutrition in Ecuador”
Emilie Bagby
Mathematica Policy Research

CBB Annual Economics Conference
April 30, 2011
Bowdoin College
Click here for details

Grossman Lecture
April 26, 2011
“From Celtic Tiger to Celtic Catastrophe: What Can We Learn From Ireland’s Economic Crash”
Brendan Walsh
UC Dublin

Economics Alumni Policy Careers Panel
April 26, 2011

Public Lecture
April 12, 2011
“Better Living Through Economics”
John Siegfried
Vanderbilt University

Research Seminar
March 17, 2011
“Intermediaries in Corruption: An Experiment”
Danila Serra
Florida State University

Research Seminar
December 1, 2010
“Recommendations and Demand for Digital Music”
Peter Newberry (Colby ’03)
University of Wisconsin

Research Seminar
November 17, 2010
“Choosing Where to Teach: The Effect of Teacher Quality on the Charter Versus Public School Decision”
Lauren Calimeris (Colby ’03)
University of Colorado

Research Seminar
November 3, 2010
“Explaining Health and Life Satisfaction in East and West Germany Post-Reunification”
Jackie Smith Zweig (Colby ’04)
University of Southern California

Research Seminar
October 6, 2010
“Effects of an Advertising Campaign to Boost Energy Efficiency”
Laura Malaguzzi Valeri
Colby College

Research Seminar
September 23, 2010
“Induced Development in Risky Locations: Fire Suppression and Land Use in the American West”
Sheila M. Olmstead
Resources for the Future

Research Seminar
April 23, 2010
“Does Access to Equity Finance Limit Innovative Activity? New Evidence from Europe”
Jamie Brown
College of Business, Iowa State University

Grossman Lecture
April 22, 2010
“Can Our Political System Handle the Economic Challenges We Face?”
Alice Rivlin
Brookings Institution

CBB Annual Economics Conference
April 10, 2010
Bates College

Research Seminar
April 2, 2010
“How Low Will You Go? The Depth of Negative Equity and Mortgage Default Decisions”
Jane Dokko
Federal Reserve Board of Governors

Research Seminar
February 2010
“Identifying the Role of Risk Shocks in the Business Cycle using Stock Price Data”
Sami Alpanda
Amherst College

Research Seminar
November 13, 2009
“Deterrence and Incapacitation: Towards a Unified Theory of Criminal Punishment”
Thomas Miceli
University of Connecticut

Research Seminar
October 16, 2009
“How Big (Small) Are Fiscal Multipliers?”
Ethan Ilzetzki
London School of Economics

Research Seminar
October 2, 2009
“Determinants of Vertical Integration in Export Processing: Theory and Evidence from China”
Heiwai Tang
Tufts University

Research Seminar
September 25, 2009
“The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China”
Xiaobo Zhang
International Food Policy Research Institute

Research Seminar
April 17, 2009
“The Slave Trade and the Origins of Mistrust in Africa”
Nathan Nunn
Harvard University

Grossman Lecture
March 3, 2009
“Sovereign Wealth Funds: Poison or Medicine for the Global Economy?”
Patrice Franko, Grossman Professor of Economics
Colby College

Research Seminar
November 14, 2008
“International Gross Capital Flows: A New Measure and Application to a Global Panel”
Daniel Riera-Crichton
Bates College

Public Lecture
October 28, 2008
“On the Completion of the Three Gorges Project and China’s Environmental Issues”
Dai Qing
Independent journalist and environmental activist

Public Lecture
October 28, 2008
“The Effect of Environmental Impact Assessments on Science and Policy: The Three Gorges Project”
Desiree Tullos
Oregon State University

Research Seminar
October 17, 2008
“Pirational Choice: The Economics of Infamous Pirate Practices”
Peter Leeson
George Mason University

Research Seminar
October 3, 2008
“Armed Conflict and Schooling: Evidence from the 1994 Rwandan Genocide”
Richard Akresh
University of Illinois

Research Seminar
September 19, 2008
“The Persistence of Tax Refunds: Evidence from Panel Data”
Sara LaLumia
Williams College

Research Seminar
April 25, 2008
“‘Everything in Common…But the Language’?: Intergenerational Mobility in Britain and the U.S. Since 1850″
Jason Long
Colby College

Guest Lecture
April 17, 2008
“The Impact of Carbon Trading on Financial Markets”
Michael Zenker
Barclay’s Capital

Grossman Lecture
April 15, 2008
“Emissions Trading: From Economic Concept to Global Implementation”
Tom Tietenberg
Colby College

Guest Lecture
April 14, 2008
“The Impact of Economic Reform on Education in China.”
Rachel Connelly
Bowdoin College

Research Seminar
April 11, 2008
“Deferred Compensation and Gift Exchange: An Experimental Investigation into Multi-Period Labor Contracts”
Andrew Seltzer
Royal Halloway, University of London

Research Seminar
March 7, 2008
“Fish in Space: The Efficiency and Political-Economics of Spatially Structured Regulations”
Ta Herrera
Bowdoin College

Public Lecture
February 29, 2008
“Financial Development in Latin America: Big Emerging Issues, Little Policy Answers”
Augusto de la Torre
World Bank

Research Seminar
November 16, 2007
“Three Decades of Consumption and Income Poverty”
James Sullivan
Notre Dame

Research Seminar
November 9, 2007
“Grassroots Democracy and Income Distribution: Evidence from Village Elections in Rural China”
Yang Yao
China Center for Economic Research, Peking University

Research Seminar
October 12, 2007
“Heterogeneity and the Welfare Cost of Inflation”
Paola Boel
Bowdoin College

Research Symposium
October 6, 2007
“Damming the Nu: Assessing the Impact of Dams on China’s Angry River”

Research Seminar
September 14, 2007
“Children’s Work and Schooling in Northern Mali”
Andrew Dillon
Cornell University

Grossman Lecture
April 4, 2007
“Corporate Social Responsibility: Is Milton Friedman right? Applications from Latin America”
Patrice Franko, Grossman Professor of Economics
Colby College

Research Seminar
March 15, 2007
“Why are Immigrants’ Incarceration Rates So Low? Evidence on Selective Immigration, Deterrence, and Deportation”
Kristin Butcher
Wellesley College and Federal Reserve Bank of Chicago

Research Seminar
February 22, 2007
“The Launch of the European Central Bank: Learning About Europe, and About Central Banks”
Michael Klein
Tufts University

Public Lecture: Christian A. Johnson Lecture Series
November 9, 2006
“The Economic Impact of Immigration”
George Borjas
Harvard University

Research Seminar
November 3, 2006
“Foreign Trade of Russian Regions”
Vladimir Sherov-Ignatiev
St. Petersburg State University

Public Lecture
November 2, 2006
“The Russian Economy: From Plan to Market”
Vladimir Sherov-Ignatiev
St. Petersburg State University

Annual Alumni Lecture
October 6, 2006
“Does Restructuring the Electricity Industry Have Environmental Consequences?”
Erin Mansur ’95
Yale School of Management

Research Seminar
September 29, 2006
“Federal Medicaid Assistance to States: Impact on Prenatal Care”
Michael Quinn
Bentley College

Research Seminar
September 21, 2006
“Exchange and Specialization as a Discovery Process”
Bart Wilson
George Mason University

Research Seminar
April 20, 2006
“Wealth Effects on Consumer Spending: Asset Liquidity and Asymmetric Behavior”
Michael Donihue
Colby College

Public Lecture
April 12, 2006
“Labor Migration and Economic Development in China”
Liu Kaiming
Institute for Contemporary Observation

Research Seminar
April 7, 2006
“Why Not Retire? The Timing and Timing Costs of Market Work”
Daniel Hamermesh
University of Texas

Grossman Lecture
April 6, 2006
“The Economics of Time”
Daniel Hamermesh
Univeristy of Texas

Research Seminar
March 14, 2006
“Rulers Ruled by Women: An Economic Analysis of the Rise and Fall of Women’s Rights in Ancient Sparta”
F. Andrew Hanssen
Montana State University

Research Seminar
February 28, 2006
“The Cost of Convenience: The Effect of New Subway Lines on Housing Prices in Santiago, Chile”
Claudio Agostini
Universidad Alberto Hurtado (Chile)

Research Seminar
November 11, 2005
“New Evidence on the Effects of Taxes on Charitable Bequests”
Jon Bakija
Williams College

Annual Alumni Lecture
October 20, 2005
“How I Use Economics”
Edward A. Snyder
Graduate School of Business, University of Chicago

Research Seminar
September 22, 2005
“Trade Policy, Child Labor, and Schooling: Evidence from Indian Districts”
Eric Edmonds
Dartmouth College

Public Lecture
May 5, 2005
“Economic Policy and Prospects in Iraq”
Chris Foote
Federal Reserve Bank of Boston

Public Lecture
April 25, 2005
“An Inside Look at the Business of Major League Baseball”
John Brody
Vice President of Marketing, Major League Baseball

Class Lecture
April 22, 2005
“Wall Street’s Evolving Love Affair With Hedge Funds”
Andrew Weber
RBS Greenwich Capital

Research Seminar
April 15, 2005
“Nominal Wage Rigidity Under Low Inflation: Evidence from Personnel Records”
Andy Seltzer
University of London, Royal Holloway College

Research Seminar
April 11, 2005
“Strict Product Liability and the Accident Rate: Evidence From the General Aviation Market”
Randy Nelson
Colby College

Grossman Lecture
April 6, 2005
“Precaution or Protection? Regulatory Reach Across the Atlantic”
Patrice Franko
Colby College

Class Lecture
March 29, 2005
“The Effects of Unbundling and TELRIC Rates on Telecommunications Investment”
Alan Ingraham
Criterion Auctions, L.L.C.

Research Seminar
March 16, 2005
“Risk and Incentives in Whaling Employment Contracts: Evidence from the Civil War”
Eric Hilt
Wellesley College

Public Lecture
March 10, 2005
“Information Regulation at the Federal Trade Commission: Advertising, Obesity, and Privacy”
Luke Froeb
Bureau of Economics, Federal Trade Commission
Entrepreneurship and Free Enterprise, Owen School of Business, Vanderbilt University.

Public Lecture
March 8, 2005
“The Dollar and Development”
Richard Sabot
Williams College

Public Lecture
February 27, 2005
“Globalization and the Small Farm Holder: The Case of China”
Funing Zhong
Nanjing Agricultural University

Public Lecture
February 21, 2005
“Contracting in Professional Baseball”
Thomas J. Miceli
Professor, University of Connecticut

Research Seminar
November 22, 2004
“Monetary Policy in the Aftermath of the NASDAQ Bubble”
Brad Delong
University of California, Berkeley

Public Lecture
November 21, 2004
“The Economic Transformations of the Twentieth Century”
Brad Delong
Professor, University of California, Berkeley

Class Lecture
November 03, 2004
“Pricing New Products”
Mark Gildersleeve
WSI
Scott Jones
Surgient

Public Lecture
November 3, 2004
“High and Rising Unemployment in China”
Cai Fang
Institute for Population and Labor Economics, Chinese Academy of Social Sciences

Class Lecture
November 2, 2004
“Corporate Social Responsibility in Latin America”
Dante Pesce Vincular
Pontifical Catholic University of Valparaiso (Chile)

Research Seminar
October 21, 2004
“Risk Management in International Banking”
Eric Rosengren
Federal Reserve Bank of Boston

Annual Alumni Lecture
October 21, 2004
“Globalization in Banking”
Eric Rosengren
Federal Reserve Bank of Boston

2002
Karthik T. Paramasivan

2001
Melinda Mraz

2000
Richard Cohen

1999
Christina Repp
Greg Pope

1998
Geoffrey T. Bennett
Corley B. Hughes
William W. Chamberlain

1997
Randall L. Hall

1996
Allan T. Ingraham

1995
Stephanie L. Tyrrell

1994
David W. Bryan

1993
Kris A. Balser
Donald E. Bindler
Tamiko N. Davies

1992
Gary W. Anderson Jr.
Dilan V.K. Siritunga
Aaron M. Zeisler

1991
Lesley J. Eydenberg
Jane M. Maloney
Tamar C. Snyder

1990
Graham Powis
Carolyn Baker

2002
Margaret R. Knight
Alison M. Culpen
Jason K. Gimbel
Kristy M. Malm

2001
Justin Amirault
Lindsay Damon
Jason Freedman
Colin Mckee

2000
No Award

1999
Iva Ilieva
Kristin Fairman

1998
Katharine C. McClelland

1997
Sandra H. Lund
Kerry S. Propper
Peter J. Sheren

1996
Tracy L. Bouchard
Robert W. Paterson Jr.

1995
Susan M. Hale

1994
Wang S. Lee
Paul H. White

1993
Jonathan J. Eddinger
Diantha Neskey

1992
Kristin A. Nixon
Michelle L. Rowell
Katherine A. Smith
Steven N. Swartz

1991
Colleen M. Halleck
Willis T. Leadley

1990
Kim Gimbo
Wendy Naysnerski
Charles Pepin

2000-2001
Maria Gonzalez, “Econometric Modeling: The Venezuelan Economy”

1999-2000
Richard Cohen, “The Efficiency of Internet Markets: Price Dispersion in E-Commerce”
Arman Gokgol-Kline, “Are International Art Markets Efficient?”

1998-1999
Phil Brownsey, “Effectiveness of the International Monetary Fund’s SAF and ESAF: Structural Adjustment in Developing Countries”
Donn Downey, “Forecasting Lift Ticket Sales at the Sugarloaf Ski Resort”
Brent Fraser, “Estimates of the Rate of Depreciation in the Personal Computer Industry”
Shannon Landauer, “Debtor Dilemma: An Analysis of the Politics, Economics, and Default Risk of International Borrowers”
Gregory Pope, “Underpricing and Long Run Performance in IPO’s: Evidence From the 1990′s”
Brian Quinn, “U.S. Physician Distribution: Is the Conventional Wisdom Correct, After All?”
Ben Sigman, “The Role of Attributes in Determining National Park Visitation Rates: An Application to the Maine Northwoods”
Sunil Thakor, “Can The Stock Market Forecast Future Economic Activity?”

1996-1997
Sandra Lund, “A Study of the Effect of Age on Airplane Safety”
Wendy Ridder, “How Old is Too Old? A Study of the Affects Age Has on the Safety Performance of Difference Airplane Models”
Andrew Weber, “The Announcement Day Effects of Targeted Stock Transactions: Is There an Abnormal Return?”

1995-1996
Patty Benson, “Bank Failures and Consumer Confidence”
Azeen Chamarbagwala, “Engendered Development as a Path to Sustainable Growth”
Allan Ingraham, “Who Comes to Colby?”
Aran Ryan, “Development of a Coincident Indicator of the Maine Economy”

1994-1995
Kathryn Cosgrove, “An Empirical Study: Theory, Models, and Forecasts of the Exchange Rate”
Wang Lee, “The Economic Impact of Immigration on U.S. Unemployment: An Across-State Examination, 1982-89″
Mark Rubin, “A Test for and the Consequences of the Persistence of Mutual Fund Performance”

1993-1994
Michael Koester, “Public Investment and Productivity”
Kerry Sheehy, “The Economic Effects of a Change in the Threat of War”
Paul White, “A Study of the Factors that International Bonds Denominated in U.S. Dollars”

1992-1993
Charles Beeler, “Probability Testing of Management Led Buyouts Using Firm Specific Information”
Rob Hostler, “Used Plane Prices and Safety Information”

1991-1992
Calbraith Wheaton, “What’s an Oscar Worth?”