Date Title Description

José Víctor Ríos-RullDean Steven J. Fluharty is pleased to name José-Víctor Ríos-Rull the Lawrence R. Klein Professor of Economics in Penn Arts and Sciences.

Rios-Rull is an influential scholar whose work is shaping the fields of macroeconomics as it informs discourse on economic policy in the U.S. and other high-income economies. His research builds quantitative macroeconomic models with heterogeneous households and applies them to questions about international capital flows, bankruptcy, asset prices, and demand-driven business cycle fluctuations. He is also concerned about the interrelations between demographics and the macroeconomy.

This chair was created in 1991 in honor of Professor Lawrence R. Klein, a Benjamin Franklin Professor Emeritus of Economics and Nobel laureate in economic sciences. His work provided the foundation for econometric forecasting now used as a basic tool by government and industry. The chair is awarded to scholars who will continue the tradition of superlative teaching and research established by Lawrence Klein, who passed away in 2013.

Dean Steven J. Fluharty is pleased to name Hanming Fang the Class of 1965 Term Professor of Economics in Penn Arts and Sciences.

Fang is an expert in public economics, applied microeconomic theory, and empirical microeconomics. His research integrates rigorous modeling with careful data analysis and has focused on the economic analysis of discrimination; insurance markets, particularly life insurance and health insurance; and health care, including Medicare. In 2008, he was awarded the 17th Kenneth Arrow Prize by the International Health Economics Association (iHEA) for his research on the sources of advantageous selection in the Medigap insurance market.

Fang has served as co-editor for the Journal of Public Economics and International Economic Review, and associate editor in numerous journals, including the American Economic Review. He is a research associate at the National Bureau of Economic Research, where he served as the acting director of the Chinese economy working group from 2014 to 2016. He is also a research associate of the Population Studies Center and Population Aging Research Center, and a senior fellow at the Leonard Davis Institute of Health Economics at the University of Pennsylvania. Fang is the scientific director for the Australia–China population aging hub located at the Center of Excellence in Population Ageing Research at the University of New South Wales in Australia.

The Class of 1965 Term Chair is one of five created by the class in 1990. This unprecedented 25th Reunion class gift endowed a chair for each of the four undergraduate schools and one in honor of the College for Women.

Sarah Winton is a dual major in Economics and International Relations was awarded the Yardley Award from Center for Undergraduate Research and Fellowships. The award was for her project under the direction of Professor Viden, “The Cost of Kindness: Assessing the Effects of Syrian Refugees on Jordanian Labor Markets.”

The Yardley Award is administered by the Center for Undergraduate Research and Fellowships, and awards are determined each April on a competitive basis. Seniors graduating in the Spring semester from any undergraduate school are eligible. Applicants must be in good standing in the University of Pennsylvania community. There will be one awardee annually.

Graduating Senior and Economics major Hong Ken Teoh was selected to receive a 2017 Rose Undergraduate Research Award. The award is in recognition of his project under the direction of Professor Jere Behrman, “Racial bias in standardized testing: Evidence from variation in test day temperature."

The Rose Foundation generously funds the Rose Undergraduate Research Award recognizing outstanding undergraduate research projects completed by graduating seniors under the supervision of a Penn faculty member. The Rose Fund is administered by the Center for Undergraduate Research and Fellowships, and awards are determined each April on a competitive basis.