...CURRICULUM VITAE Economics Department, Littauer Center, Harvard University, Cambridge MA 02138-3001, 617495-4022, FAX: 617-495-7330, email: krogoff@harvard.edu Webpage: http://scholar.harvard.edu/rogoff Birth date: March 22, 1953 Married to Natasha Lance Rogoff, two children (Gabriel and Juliana) EDUCATION Massachusetts Institute of Technology, Ph.D., February 1980 Doctoral Dissertation: Essays on Expectations and Exchange Rate Volatility. Yale University, B.A./M.A. summa cum laude, Honors in Economics, May 1975. PROFESSIONAL POSITIONS Professor of Economics, Harvard University, September 1999 – present; Thomas D. Cabot Professor of Public Policy, January 2004 – present. Chief Economist and Director of Research, International Monetary Fund, 2001–2003. Director, Harvard Center for International Development, 2003–2004. Professor of Economics and International Affairs, Princeton University, 1992–94; Charles and Marie Robertson Professor of International Affairs, 1995–1999. Professor of Economics, University of California at Berkeley, 1989–1991. Associate Professor of Economics, University of Wisconsin-Madison, 1985–1988. Economist, International Finance Division, Board of Governors of the Federal Reserve System, 1980–1983; Section Chief, Trade and Financial Studies Section, 1984. Economist, Research Department, International Monetary Fund, Oct. 1982 – Sept. 1983. VISITING POSITIONS BP-LSE Visiting Centennial Professor, London School of Economics, 1998–99 academic...
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...placed on city governments when population density increased? What steps did city governments take to help deal with new demands resulting from the influx in population? Respond to at least two of your classmates’ postings PPA 604 Week 2 DQ 1 Discuss the process that must occur in order for government to proclaim eminent domain to assume control over the private property of citizens. How does eminent domain differ from the concept of government zoning? How does eminent domain differ from police power as it relates to the government assuming control over private property? Discuss at least two court cases that relate to the issue of eminent domain. What are the key issues that were addressed in the court cases that you chose to review? Respond to at least two of your classmates’ postings. PPA 604 Week 2 DQ 2 How is power distributed in the U.S. political system? How does the U.S. political system reflect the distribution of power? List and discuss six ways in which urban...
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...placed on city governments when population density increased? What steps did city governments take to help deal with new demands resulting from the influx in population? Respond to at least two of your classmates’ postings PPA 604 Week 2 DQ 1 Discuss the process that must occur in order for government to proclaim eminent domain to assume control over the private property of citizens. How does eminent domain differ from the concept of government zoning? How does eminent domain differ from police power as it relates to the government assuming control over private property? Discuss at least two court cases that relate to the issue of eminent domain. What are the key issues that were addressed in the court cases that you chose to review? Respond to at least two of your classmates’ postings. PPA 604 Week 2 DQ 2 How is power distributed in the U.S. political system? How does the U.S. political system reflect the distribution of power? List and discuss six ways in which urban...
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...ECON 191, Fall 2012 Guidelines for Writing an Economics Research Paper Writing a good economics paper is both an exciting and a nontrivial task. It requires a sustained effort in identifying an important question and in developing a credible model to think about that question or a testable hypothesis to answer it. In many cases it may require collecting data that gives the opportunity to test the hypothesis that you develop. You are encouraged to structure your paper in four parts: introduction, literature review, body, and conclusion. A brief abstract of no more than 100 words should precede your paper. Introduction Identifying a significant and well formulated question is the single most important part of the research process and the most difficult as well. A good research question has to be concise (remember, you are writing a 15-page paper, not a book), feasible and important. Choosing a research question requires balancing importance and feasibility. Feasibility means tractability for theoretical research and data availability for empirical research. Whenever you come up with an idea for a research question, always try to think about a critic sitting in front of you asking “Why should I care about this?” Consider this question to be a first filter for your research question. Identify a well-defined research question. The introduction is where you (1) present the research question, (2) motivate why it is important and briefly outline (3) how you go about answering it...
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...economy is essential to become a better-informed citizen and choose the right party to lead the country. Economic factors affect every industry in a city, state or country in one way or the other. Understanding these economic factors can better understand any individual or organization make better investment choices which in turn would be beneficial for a lot of other players in the market. For some companies, it creates a monopoly in the market and for some others, it causes complete downfall. Here we examine five very diverse papers written on five important players in any economy and analyze whether the writers are correct in their assessment of these factors. The five facets examined in these papers are Optimal Tax Policies, Foreign Exchange Rates, Global Energy Prices, Monetary Policies of Banks and The role of Productivity in Economic Growth. Various Facets of Global Economy In today’s world, economy is one of the most talked about point everywhere in the world. Every single politician, industrialist, worker and even students have their own take on what should be done in order to improve the great depression it seems we are in. Unemployment may have seem to have decreased in the United States, but it is still lagging behind many other major economies all around the world. It is important for every common man to understand the various factors that play a part in economic growth or downturn. The first factor is determining the optimal tax policy. Abuselidze (2013)...
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...|[pic] |Syllabus | | |College of Natural Sciences | | |HCS/440 Version 5 | | |Economics: The Financing of Health Care | Copyright © 2010, 2007, 2005, 2004, 2002, 2000 by University of Phoenix. All rights reserved. Course Description This course provides an overview of the economics of health care. The various payers are examined, including private, state, and federal entities. Issues such as the cost effectiveness of prevention, the management of patients and their diseases, as well as the cost of treatment settings are discussed. Third party reimbursement from various sources, ranging from for-profit insurance carriers to charitable donations, are reviewed. The health care system's use of grant funding and research dollars is described. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. ...
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...Environment, Banks, and Long-Run Economic Growth: Comment. Journal of Money Credit and Banking, 30, 3, 614-620. Ang, J.B., and Mckibbin, W.J. (2007). Financial Liberalization, Financial Sector Development and Growth: Evidence from Malaysia. Journal of Development Economics, 84(1), 215-233. Arcand, J., Berkes, E., Panizza, U. (2012), Too Much Finance? International Monetary Fund.Research Department. Asteriou, D., & Monastiriotis, V. (2004). What do unions do at the large scale? Macro-economic evidence from a panel of OECD countries. Journal of Applied Economics, VII(I), pp. 27-46. Arellano, M. (2003): Panel Data Econometrics, Oxford University Press. Arellano, M., and O. Bover. (1995). Another Look at The Instrumental Variable Estimation of Error- Components Models. Journal of Econometrics, 68, 29-52. Arellano, M., & Bond, S. R. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies (new York), 58, 194, 277- 297. Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87, 1, 115-143. Baltagi, B. (2008). Econometric analysis of panel data, John Wiley and Sons, Chichester. Baltagi, Gri, and Xiong (2000). To Pool or Not To Pool: Homogeneous Versus Heterogeneous Estimators Applied to Cigarette Demand. Review of Economics and Statistics 82: 117. Barro, R.J. (1991). Economic Growth in a Cross Section of Countries...
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...undergraduate schools, and disciplines includ— ing economics, engineering, mathematics, physics, psychology, and sociology. They examine the most critical issues in business management through rigorous research, creating and disseminating new knowledge as the next generation of thought leaders. By the time they graduate, students will have authored and co-authored publications with faculty members, who often become important mentors, colleagues, and collaborators. ACCOUNTING AND MANAGEMENT Chattopadhyay, Akash , Matthew R. Lyle, and Charles C.Y. Wang. “Accounting Data, Market Values and the Cross-Section of Expected Returns Worldwide.” Working Paper, April 2015. (Revise and resubmit to Journal of Accounting and Economics.) Gow, Ian D., Sa-Pyung Sean Shin, and Suraj Srinivasan. “Activist Directors: Determinants and Consequences.” HBS Working Paper 14-120, June 2014. Gow, Ian D., Sa-Pyung Sean Shin, and Suraj Srinivasan. “Consequences to Directors of Shareholder Activism.” HBS Working Paper 14-071, February 2014. Ioannou, Ioannis, Shelley Xin Li, and George Serafeim. “The Effect of Target Difficulty and Incentives on Target Completion: The Case of Reducing Carbon Emissions.” HBS Working Paper 13-043, November 2012. (Revised August 2014.) Khan, Mozaffar N., George Serafeim, and Aaron Yoon . “Corporate Sustainability: First Evidence H ARVA R D BU SI N ESS SCH OO L D O C T O R A L P R O G R A M S on Materiality.” HBS Working Paper 15-073, March 2015. Li, Shelley Xin...
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...The following is an outline of the final paper, which is focusing on subprime mortgages and the housing market bubble. The paper will also analyze Fannie Mae and Freddie Mac and how they are linked to the subprime mortgage crisis, including potential solutions to the crisis. References have been added to each section to show which references are being used in which section. References will be added as needed. 1) Abstract a. 120 word overview of paper 2) Introduction a. Introduction to the topic of subprime mortgages and the housing market bubble. b. Timeline of the crisis and housing market bubble burst 3) Discussion Content a. Definitions and background information on the following topics: i. Mortgages ii. Housing Market iii. Subprime Mortgages 1. Demyanyk, Y., & Van Hemert, O. (2011). Understanding the Subprime Mortgage Crisis. Review of Financial Studies, 24(6), 1848-1880. 2. Karikari, J., Voicu, I., & Fang, I. (2011). FHA vs. Subprime Mortgage Originations: Is FHA the Answer to Subprime Lending?. Journal of Real Estate Finance and Economics, 43(4), 441-458. doi.10.1007/s11146-009-9218-7. iv. Housing Market Bubble Burst b. Overview and causes of the subprime mortgage crisis i. Fixed mortgage versus floating 1. Demyanyk, Y., & Van Hemert, O. (2011). Understanding the Subprime Mortgage Crisis. Review of Financial Studies, 24(6), 1848-1880. ii. High risk mortgage loans and lending/borrowing practices 1. Peterson, C.L. (2009). Fannie Mae, Freddie...
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...inflation in Pakistan: Causes and Remedies Introduction Pakistan is currently facing unprecedented high Inflation. High inflation is contributing to increase in vulnerability and fall in real income of lower, middle and fixed income segments of the society. It is increasing uncertainty about future scenario of the business environment and instability of the financial system, erosion of business and investors’ confidence, slowing down of real economic activities, investment, economic growth and employment. Inflation is known as a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, there is a decline in the real value of money and purchasing power. Inflation is an indicator of a country’s macro economic stability and provides important insight on the state of the economy and the sound macroeconomic policies that govern it. A stable inflation not only gives a nurturing environment for economic growth, but also uplifts the poor and fixed income citizens who are the most vulnerable in society. A numerous supply side and demand side factors could be responsible for this surge in inflation. Inflation can be a result of shocks to the supply of certain food items and to world oil markets. Rising oil prices can pose risk of increase in prices of almost all other commodities of the consumer basket. Such supply-side shocks are very volatile...
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...DATABASE DESIGN Research Paper You are to write a research paper about an approved topic in the field of Information Technology (IT) Management, preferably in the area of Database Systems. The topic must be of current interest to the IT professionals. The deadline for the topic approval is September 20. You must turn into me one page (single-spaced) ‘Abstract’ of your paper by that date. A partial list of journals which publish articles pertaining to the IT area is attached. These publications are some of the source for your research work. Your paper must be between 12 and 15 pages of typed, doubled-spaced text, not including your references and any appendices or attachment. Plagiarism will result in a grade of zero. Your research paper is due on November 29. It will be graded according to the criteria on the attached page Suggested Structure of Research Paper Abstract: Half-page (single spaced) summary of the paper I. Introduction: - Problem Background -Problem Importance - Purpose and contents of this paper i. Target audience of the paper ii. Overall objective iii. Within the overall objective, the specific issues or question addressed in the paper iv. A precise statement of the content of the paper v. Scope and limitation of the paper vi. Usefulness of the paper - How would the target audience...
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...FYP Project Number: HE_2AY1415_09 NANYANG TECHNOLOGICAL UNIVERSITY SCHOOL OF HUMANITIES AND SOCIAL SCIENCES UNDERREPRESENTATION OF ASIA-FOCUSED ARTICLES IN THE TOP 10 ECONOMICS JOURNALS Roy Athanasius Ang Tjin Shane Teong Xiu Yi Tham Weng Leon U1130138B U1130028B U1130012L A Final Year Project submitted to the School of Humanities and Social Sciences, Nanyang Technological University in partial fulfillment of the requirements for the Degree of Bachelor of Arts in Economics Academic Year: 2014/2015 FYP Project Number: HE_2AY1415_09 ABSTRACT Despite its high growth, positive economic outlook and its GDP accounting for about a quarter of the world’s GDP, there is an underrepresentation of Asia in terms of published articles in the top 10 economics journals. This study highlights this fact and has found tenure to be a likely cause for the lack of Asia-focused articles. This stems from the strong emphasis universities place on the publishing of articles and with the belief that there is a lack of reliable data on Asia, researchers are less inclined to conduct studies on Asia given that top economics journals require accurate and dependable data for publishing. 1 FYP Project Number: HE_2AY1415_09 ACKNOWLEDGEMENTS We, the authors of this paper, would like to express our heartfelt gratitude to Chia Wai Mun, Associate Professor, School of Humanities and Social Sciences, Nanyang Technology University, for her unwavering support and constant...
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...The Savers–Spenders Theory of Fiscal Policy By N. GREGORY MANKIW* The literature on the macroeconomic effects of fiscal policy and, in particular, of government debt is founded on two canonical models. The purpose of this paper is to suggest that both models are deficient and to propose a new model to take their place. The first canonical model is the Barro-Ramsey model of infinitely-lived families (Robert Barro, 1974). According to this model, the government’s debt policy redistributes the tax burden among generations, but families, who want to smooth their consumption over time, reverse the effects of this redistribution through their bequests. Government debt is completely neutral—a proposition called Ricardian equivalence. The second canonical model of government debt is the Diamond-Samuelson model of overlapping generations (Peter Diamond, 1965). In this model, people smooth consumption over their own lifetimes, but there is no bequest motive. When the government issues debt, it enriches some generations at the expense of others, crowds out capital, and reduces steadystate living standards. In this paper, I first discuss the facts that lead me to reject these canonical models. I then propose an alternative model and develop briefly its implications for fiscal policy. consumption over time. There is much reason to be skeptical about this assumption. A large empirical literature, starting with Robert Hall’s (1978) seminal random-walk theorem, has addressed...
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...Professor 2006–2012 Tuck School of Business, Dartmouth College Assistant Professor 2000–2006 IV. BIBLIOGRAPHY Refereed Journal Publications “Noise and aggregation of information in large markets,” (joint with Branko Uroˇevi´) forthcoming in the Journal of Financial Markets. sc “Sentiment during recessions,” forthcoming in the Journal of Finance. “Geographic dispersion and stock returns” (joint with Øyvind Norli), forthcoming in the Journal of Financial Economics. “Journalists and the stock market” (joint with Casey Dougal, Joey Engelberg, and Chris Parsons), Review of Financial Studies, 2012, 25(4), 639–679. 1 of 6 “Information sales and strategic trading” (joint with Francesco Sangiorgi), Review of Financial Studies, 2011, 24(9), 3069–3104. “Relative wealth concerns and complementarities in information acquisition” (joint with G¨nter Strobl), Review of Financial Studies, 2011, 24(1), 169–207. u “Information acquisition and mutual funds” (joint with Joel Vanden), Journal of Economic Theory, 2009, 144(5), 1965–1995. “Sports sentiment and stock returns” (joint with Alex Edmans and Øyvind Norli), Journal of Finance, 2007, 62(4), 1967–1998. “Overconfidence and market efficiency...
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...solving methodology relevant for practicing executives as well as for academicians and researchers working in the field of management around the globe. MERC Global’s IJM publishes articles, research papers, abstracts of doctoral dissertations, book reviews, case studies, short communications and bibliography that are interdisciplinary in nature as well as those within the major disciplines, including: Marketing OB/HR Entrepreneurship Production and Operations Accounting and Finance Business Economics International Business Informational Technology Social Sector Management Public Sector Management Management Strategy Research Method and so fort PERIODICITY MERC Global’s IJM is a quarterly journal published in the month of January, April, July and October each year. PUBLICATION WILL BE BASED ON THE FOLLOWING TERMS OF PUBLISHING AGREEMENT 1. The author(s) will contribute ₹ 1000 (only Indian authors) / $ 20 (non Indian authors) per author to get the online publication of manuscripts. The author(s) may order printed copy of journals at just printing cost. Members of MERC Global will get the publication of work free of cost. 2. Copyright will be attributed to the author(s). The author(s) assure the MERC Global (as a publisher) that the material contained in the paper is not defamatory, unlawful, obscene, invasive of another person's privacy, hateful, racially or ethnically objectionable, abusive,...
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