• Economics Professor Francis X. Diebold wins the 2020 Richard Stone Prize in Applied Econometrics

  September 20, 2020

  The Richard Stone prize is awarded biennially for the best paper published in the preceding two volumes of the Journal of Applied Econometrics. The prize is for his paper, "Estimating Global Bank Network Connectedness," written with co-authors Mert Demirer (MIT), Laura Liu (Indiana University), and Kamil Yilmaz (Koç University).

• Guillermo Ordonez awarded the Elsevier Sponsored Award for the Best Paper on Financial Institutions at WFA

  August 7, 2020

  Economics Professor Guillermo Ordonez awarded the Elsevier Sponsored Award for the Best Paper on Financial Institutions for his paper Interbank Networks in the Shadows of the Federal Reserve Act at the WFA.

• The BBC series on "Behind the Buzzwords" next episode is on "Big Data" and Professor Frank Diebold's role in coining the term

  July 30, 2020

  The BBC series on "Behind the Buzzwords" next episode is on "Big Data" and Professor Frank Diebold's role in coining the term. The broadcast is on 4th August at 9:30am (BST) on BBC Radio 4 and will be available on BBC Sounds after the broadcast."

• Harold L. Cole, Professor of Economics, has been appointed James Joo-Jin Kim Professor of Economics

  July 29, 2020

  Harold L. Cole, Professor of Economics, has been appointed James Joo-Jin Kim Professor of Economics. Dr. Harold Cole is an internationally recognized macroeconomist who has made important contributions to the combination of theory, quantitative, and statistical methods with major topics on the international Great Depression, efficient contracting models of firm financial structure and compensation, and incomplete asset markets and the impact of limited portfolio behavior.

• Hanming Fang, Professor of Economics, has been appointed Joseph M. Cohen Term Professor of Economics

  July 29, 2020

  Hanming Fang, Professor of Economics, has been appointed Joseph M. Cohen Term Professor of Economics. Dr. Hanming Fang is an internationally recognized applied microeconomist with broad theoretical and empirical interests focusing on public economics. His research focuses on health care, health insurance, and social insurance programs, particularly their interactions with the labor market.

• Rakesh Vohra has won the 2020 SIGecom Test of Time Award for his paper, “Calibrated Learning and Correlated Equilibrium.”

  July 29, 2020

  Rakesh Vohra, George A. Weiss and Lydia Bravo Weiss University Professor, has won the 2020 SIGecom Test of Time Award for his paper, “Calibrated Learning and Correlated Equilibrium.” The SIGecom Test of Time Award recognizes research published between 10 and 25 years ago that has, as the name suggests, stood the test of time in its field.

• Assistant Professor Wayne Gao wins the 2020 Arnold Zellner Thesis Award in Econometrics and Statistics.

  July 29, 2020

  Assistant Professor Wayne Gao wins the 2020 Arnold Zellner Thesis Award in Econometrics and Statistics. Dr. Gao received the award for his dissertation "Essays in Network and Panel Modeling."

• Penn Today spoke with economists Francis Diebold and Jesús Fernández-Villaverde to learn about recessions, what makes this one unique, and what to expect in the coming months.

  June 25, 2020

  The U.S. economy officially entered a recession in February as the viral pandemic started its sweep across the nation. That determination earlier this month by the National Bureau of Economic Research officially ended the longest economic expansion in American history. Penn Today spoke with economists Francis Diebold and Jesús Fernández-Villaverde to learn about recessions, what makes this one unique, and what to expect in the coming months.

• Economics Major Zeyu Chen, C’21, Named a 2020 Key Into Public Service Scholar

  June 24, 2020

  Economics major Zeyu Chen, C’21, has been selected as a Key into Public Service Scholar by The Phi Beta Kappa Society, the nation’s most prestigious academic honor society. The award recognizes students who have demonstrated interest in working in the public sector and possess a strong academic record in the liberal arts and sciences.

• The Department of Economics dedicates new online space to cutting-edge pandemic research.

  May 27, 2020

  The COVID-19 pandemic has had far-reaching effects on all aspects of society. With an eye toward examining these myriad angles, the Department of Economics has assembled a wide range of research covering topics from how lockdowns affect non-COVID visits to the emergency room to the long-term effects of social and economic distancing. The repository for these projects is the content-rich Penn Institute for Economic Research (PIER) web site.