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Graduate Brochure graduate program Economics 1 welcome to graduate economics he Department of Economics at Boston growth path aimed at maintaining a top 25 ranking College is an exciting community of among U.S. economics departments. Recent T scholars from many countries who pursue hires include distinguished econometricians, applied and theoretical research on the pressing macroeconomists, economic theorists and applied economic and social issues that face the world in economists, adding to the established strength of the the 21st century. The doctoral program is designed department in these fields. to train economists for careers in teaching and The graduate program in economics is dedicated research by providing strong backgrounds in to training full-time Ph.D. students for careers economic theory, quantitative research methods in teaching and research. The program provides and applied fields. students with strong backgrounds in economic Boston College provides considerable intellectual theory, quantitative research methods and applied leadership to the economics profession. The fields. Requirements include course work, economics faculty includes 40 full-time positions comprehensive examinations, a doctoral dissertation and continues to grow. Faculty allocate their time and a one-year residence requirement. between research and teaching in undergraduate The program admits about 12 to 15 new students and doctoral programs as well as participating in per year. The size of the program permits the the wider intellectual life of the University, the department to offer a broad range of courses while Boston area and the world. at the same time enabling students to receive The Boston College Department of Economics significant individual attention. In addition to is ranked between 24th and 26th among U.S. core courses in economic theory and quantitative economics departments according to the Combes- methods, the program offers courses in advanced Linnemer worldwide rankings, and our Ph.D. micro and macro theory, econometric theory, program is ranked 25th in the U.S. News & World applied econometrics, international trade, empirical Report 2017 peer assessment survey. With international finance, topics in international University approval and support, we are on a macroeconomics, topics in international economic policy, monetary economics, labor economics, industrial organization, and finance. Boston College’s proximity to Cambridge and Boston make it part of the area’s lively intellectual contents community. The Ph.D. program draws upon the rich Program of Study 2 academic resources of the area in addition to those Faculty 3 available within the Department of Economics and Courses 10 other departments and schools at Boston College. Outcomes 12 Research Facilities 15 We invite you to find out more at bc.edu/economics. Student Life & Campus Resources 16 Admission & Financial Information 18 program of study Ph.D. Program DISSERTATION The third year of study is devoted to the formulation The requirements for the Ph.D. fall into four basic and development of a thesis topic. All students in the categories: course work, comprehensive examinations, third through fifth years are required to regularly attend the dissertation and a residence requirement. and actively participate in the department’s Thesis Workshop, which meets weekly during the academic COURSE WORK year. Students are required to make one presentation The course requirements consist of a seven-course core each semester of their third, fourth and fifth years. Each curriculum and eight electives. The standard program for Ph.D. student must have a dissertation abstract and a meeting these requirements is: dissertation proposal on file with the department. Both Year 1 the abstract and the proposal must be signed by two faculty members. The approved abstract must be on Fall Spring file no later than April 1 of the third year. The approved Microeconomic Theory I Microeconomic Theory II proposal must be on file no later than October 1 of the Macroeconomic Theory I Macroeconomic Theory II fourth year. Math for Economists Econometric Methods Statistics The thesis is written under the supervision of Year 2 a committee comprising at least three faculty, a Fall Spring chairperson and two members. The thesis is approved when it is successfully defended before the committee 4 Electives 4 Electives in an oral examination. As with any Ph.D. program, the ultimate time to completion varies considerably. COMPREHENSIVE EXAMS The department expects every student to be well All students are required to pass written comprehensive prepared to enter the job market in January of the fifth examinations in microeconomic theory, macroeconomic year of full-time study. theory and two of the following fields: Advanced Macro and Monetary Economics Although there are exceptions, students should anticipate spending a minimum of four years of Advanced Micro Theory full-time study to complete the degree. Econometrics Finance RESIDENCE REQUIREMENT Each Ph.D. student must spend at least one academic Industrial Organization year as a full-time student at Boston College. International Finance and Macroeconomics International Trade and Political Economy Labor Economics 2 faculty profiles james anderson christopher f. baum Professor Professor of Economics and Social Work Ph.D., University of Wisconsin Ph.D., University of Michigan [email protected] [email protected] RESEARCH INTERESTS RESEARCH INTERESTS • International Economics • Applied Econometrics • Economic History • Public Health • Financial Economics RECENT PUBLICATIONS “Transitional Growth and Trade with Frictions: A Structural RECENT PUBLICATIONS Estimation Framework” (with M. Larch and Y.V. Yotov). The “Impact of State-level Changes on Maternal Mortality: A Economic Journal (February 2020, online). Population-based, Quasi-experimental Study” (with S. Hawkins, “Dark Costs, Missing Data: Shedding Some Light on Services M. Ghiani, S. Harper and J. Kaufman). American Journal of Trade” (with I. Borchert, A. Mattoo and Y.V. Yotov). European Preventive Medicine 58(2) (2020): 165-74. Economic Review 105 (2018): 193-214. “State-Level Changes in Firearm Laws and Workplace Homicide “GEPPML: General Equilibrium Analysis with PPML” (with Rates: United States, 2011 to 2017” (with E. Sabbath and S. M. Larch and Y.V. Yotov). The World Economy 41(10) (2018): Hawkins). American Journal of Public Health 110(2) (2020): 230-36. 2750-82. “Innovation Strategies, External Knowledge and Productivity “Gravity with Scale Economies” (with M. Vesselovsky and Y.V. Growth” (with H. Lööf and P. Nabavi). Industry and Innovation Yotov). Journal of International Economics 100 (2016): 174-93. 26(3) (2019): 348-67. “Terms of Trade and Global Efficiency Effects of Free “Associations Between Gun Laws and Suicides” (with M. Trade Agreements, 1990-2002” (with Y.V. Yotov). Journal of Ghiani and S. Hawkins). American Journal of Epidemiology 188(7) International Economics 98 (2016): 279-98. (2019): 1254-61. “Advice on Using Heteroskedasticity-based Identification” (with susanto basu A. Lewbel). Stata Journal 19(4) (2019): 757-67. Professor Ph.D., Harvard University ryan chahrour Associate Professor [email protected] Ph.D., Columbia University RESEARCH INTERESTS [email protected] • Macroeconomics • Monetary Economics RESEARCH INTERESTS • Productivity • Macroeconomics • Monetary Economics RECENT PUBLICATIONS “Are Price-Cost Markups Rising in the United States? A RECENT PUBLICATIONS Discussion of the Evidence.” Journal of Economic Perspectives 33 “Intersectoral Linkages, Diverse Information, and Aggregate (Summer 2019): 3-22. Dynamics” (with M. Atolia). Review of Economic Dynamics 36 “Uncertainty Shocks in a Model of Effective Demand” (with (2020): 270-92. B. Bundick). Econometrica 85(3) (2017): 937-58. “Good News is Bad News: Leverage Cycles and Sudden Stops” “Allocative and Remitted Wages: New Facts and Challenges (with O. Akinci). Journal of International Economics 114 (2018): for Keynesian Models” (with C. House). In Handbook of Mac- 362-75. roeconomics, Volume 2A, eds. J.B. Taylor and H. Uhlig. North “News or Noise? The Missing Link” (with. K. Jurado). American Holland, 2016. Economic Review 108(7) (2018): 1702-36. “Some Evidence on the Importance of Sticky Wages” (with “Public Communication and Information Acquisition.” A. Barattieri and P. Gottschalk). American Economic Journal: American Economic Journal: Macroeconomics 6(3) (2014): 73-101. Macroeconomics 6(1) (2014): 70-101. “A Model-Based Evaluation of the Debate on the Size of the “Are Technology Improvements Contractionary?” (with Tax Multiplier” (with S. Schmitt-Grohe and M. Uribe). American M.S. Kimball and J.G. Fernald). American Economic Review 96 Economic Journal: Economic Policy 4(2) (2012): 28-45. (2006): 1418-48. 3 lucas coffman mehmet ekmekci Assistant Professor Professor Ph.D., Harvard University Ph.D., Princeton University [email protected] [email protected] RESEARCH INTERESTS RESEARCH INTERESTS • Applied Microeconomics • Game Theory • Behavioral Economics • Mechanism Design • Development Economics RECENT PUBLICATIONS RECENT PUBLICATIONS “Manipulated Electorates and Information Aggregation” (with “Liquidity Affects Job Choice: Evidence from Teach For S. Lauermann). The Review of Economic Studies 87(2) (2020): America” (with J. Conlon, C. Featherstone, and J. Kessler). The 997-1033. Quarterly Journal of Economics 134(4) (2019): 2203-36. “Reputation in the Long-Run with Imperfect Monitoring” “Moral
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