Curriculum Vitae

Total Page:16

File Type:pdf, Size:1020Kb

Curriculum Vitae April 2020 Curriculum Vitae Thomas D. Jeitschko Associate Provost for Graduate Education and Dean of the Graduate School Michigan State University Chittenden Hall 466 W. Circle Drive, Room 212 East Lansing, MI 48824-1044 [email protected] Education: University of Virginia, Economics: MA, 1993; Ph.D., 1995 Westfälische Wilhelms-Universität, Münster, Germany: Diplom, VWL, 1991 Administrative Positions: Michigan State University Associate Provost for Graduate Education and Dean of the Graduate School, 2017–present Director, American Economic Association Summer Program, 2015–2018 Associate Dean for Graduate Studies, College of Social Science, 2015–2017 Director of Graduate Studies, Department of Economics, College of Social Science, 2002–2005 Council of Graduate Schools (CGS) Board of Directors, 2020—present Academic and Professional Positions: Michigan State University Department of Economics, College of Social Science, Professor 2013–present Associate Professor 2005–2013, Assistant Professor 2001–2005 Eli Broad College of Business, Adjunct Professor of Finance, 2002–present College of Law, Faculty Affiliate 2015–present, Adjunct Professor 2005–2008 Institute of Public Utilities, Faculty Associate 2015–present U.S. Department of Justice, Washington DC Antitrust Division, Research Economist, 2010–2012 Royal Holloway College, University of London Department of Economics, Professor of Finance, 2007–2008 Texas A&M University Department of Economics, College of Liberal Arts, Assistant Professor, 1995–2001 Thomas D. Jeitschko Curriculum Vitae Administrative Positions (detail): Associate Provost for Graduate Education and Dean of the Graduate School, MSU, 2017–present This office supports over 12,000 PhD, Masters, graduate-professional students and postdocs at MSU. We oversee and provide guidance to the Office of Postdoctoral Affairs and the fourteen graduate-degree granting colleges, including three medical colleges, with nearly 125 PhD programs and 175 Masters programs along with other professional and post-baccalaureate certificate programs, administering over $20M in Fellowship Funds. • Created a university-wide strategic plan for the graduate school and graduate education o Restructured funding support to advance recruitment and retention efforts around DEI and to facilitate time-to-degree and professional development o Reforming mentorship efforts within and around graduate education o Leading Strategic Program Assessment (program review) o Augment data availability and transparency (to support prog. evaluation, mentoring, training grants, etc.) o Created and filled position of director of development and launched development activities • Created and launched the Office of Postdoctoral Affairs • Expand collaboration on international initiatives in Africa, China and Latin America • Lead the integration of the College of Law into MSU • Co-chair of SIS modernization, implementation of Campus Solutions • Serve as general accreditation liaison and as Accreditation Liaison Officer to the Higher Learning Commission • Out-of-State Fees Committee, Chair • University Strategic Planning Steering Committee, Member Associate Dean for Graduate Studies, College of Social Science, MSU, 2015–2017 Part of the senior leadership team in the largest graduate college at MSU, this position provides vision, leadership, guidance and administrative oversight for over 30 Master’s Programs, 20 PhD Programs (including 6 dual-degree programs), and 20 Certificate Programs and Graduate Specializations across the eight academic departments, four professional schools, and ten institutes, centers and programs, administering over $1M in Fellowship Funds. • Led a change in the culture of program administration and student advising, increasing communications and expectations-settings, resulting a shortening of time-to-degree and increased completion rates. • Led change in college-wide communications and collaborations in graduate education across the different programs and units. • Reformed fellowship fund allocations mechanisms and was able to increase funding by over $100k. 2 Thomas D. Jeitschko Curriculum Vitae • Provided leadership in developing the College strategic plan, facilitating goal setting, strategy formulation, and developing appropriate metrics Director, American Economic Association Summer Program, 2015–2018 The AEA Summer Program targets talented students from underrepresented backgrounds to prepare them for graduate work in economics and related fields. The program is awarded competitively every five years. Over 100 promising students participated during my three years as director of the program and the program continues at MSU through Summer 2020. • Led the (successful) proposal-writing team (approx. $4M funding received from external sources) • Secured financial support from the AEA, the National Science Foundation, the Federal Reserve System and private sponsors, as well as other units across MSU (including the Resource Center for Persons with Disabilities to enable a deaf student to enroll in the program) • Negotiated an MOU with Western Michigan University for teaching and administrative support • Designed the program and served as its inaugural Director, including succession planning which implemented upon my transition to Associate Provost • Developed and saw through academic governance a two-tiered, two month long curriculum covering 24 academic credits, a seminar series and three field excursions • Hired and oversaw ten faculty and administrators for the program as well as a support staff • Recruited current PhD students from under-represented backgrounds in economics from across the US as fellows for the program Director of Graduate Studies, Department of Economics, College of Social Science, MSU, 2002–2005 This position administered the Masters and PhD programs with over 100 students. • Oversaw recruitment, program structures, retention and placement efforts • Performed extensive self-review and benchmark peer-comparison study of the PhD program • Led reform of the program resulting in considerable increases in degree completion, shortening of time-to-degree (and thus increasing the faculty-to-student ratio) and an increase in the diversity of the student body Administrative Leadership, Conference and Workshop Participation, and Service: Higher Ed and Graduate Education Member of the Advisory Panel for the American Education Research Association-CGS NSF- sponsored Project: Examining Impact and Fostering Academic Support for Open Science Products, 2019—present Deans Leadership Group for the Council of Graduate Schools “Understanding PhD Career Pathways for Program Improvement,” 2019–2021 3 Thomas D. Jeitschko Curriculum Vitae Africa Week 2020: “Global Partnerships and African Networks to build capacity on the continent,” University of Pretoria, March 2020, invited panelist (Conference canceled) Midwestern Association of Graduate Schools (MAGS), Budget and Finance Committee, member, 2019 CGS Meetings, Fall 2017, Summer 2018, Winter 2018 (speaker), Summer 2019 (speaker and facilitator), Winter 2019 American Association of Universities (AAU), AGS Deans Annual Meeting, September 2017, September 2018, and September 2019 Association of Public and Land-Grant Universities (APLU), Annual Meeting, November 2019 ASSA-AEA, Research in Economic Education, January 2019 (presenter) GradSERU Research Symposium in Hannover Germany, October 2018 (panelist) National Academies of Sciences, Engineering, and Medicine, “Graduate Training in the Social and Behavioral Sciences: A Public Workshop,” June 2017 Second NSF Social, Behavioral and Economic Sciences Alliance for Graduate Education and the Professoriate (AGEP) Meeting, May 2007 NSF Evaluation Capacity Workshop for the Social, Behavioral and Economic Sciences AGEP; AAAS; October 2006 Diversity, Equity and Inclusion Women in Economics, Symposium, Federal Reserve Bank of Cleveland, panelist, February 2020 Educational Testing Service (ETS) Graduate Record Exam (GRE), Diversity, Equity and Inclusion (DEI) Advisory Committee member, 2019 MSU Academic Advancement Network, Leading with Purpose, Courage and Vision: A Conversation on the Future of Diversity, Equity, and Inclusion at MSU, April 2019 (presenter) Train the Trainer, Racial Literacy in Relationships: Identifying and Reducing Racial Threat in Face-to- Face (FTF) Encounters, MSU, June 2016 Committee on the Status of Minority Groups in the Economics Profession, ex officio member 2016—present National Summit on Diversity in the Economics Profession, Federal Reserve Board, October 2014 American Economic Association Summer Pipeline Conference, July 2016 American Economic Association Summer Pipeline Conference, July 2014 California Forum for Diversity in Graduate Education, April 2007 Michigan AGEP Fall Conference: “Diversity in the Classroom,” October 2006 Academic Leadership MSU Academic Advancement Network, Leadership Fellows Mentor, 2018–2019 and 2019–2020 Big 10 Academic Alliance (BTAA), Academic Leadership Program (ALP) Fellow, 2017–2018 Member of the CCAS 2017 Standing Committee on Research Institutions, 2016–present Member of the CCAS 2017 Standing Committee on Gender Issues, 2016–present Member of the CCAS 2017 Standing Committee on Assistant and Associate Deans, 2016–present MSU Academic Advancement Network, “Crucial Accountability,” March 2017 Council of Colleges of Arts and Sciences (CCAS), 51st Annual Meeting, November 2016 4 Thomas D. Jeitschko Curriculum Vitae Faculty and Organizational Development, “Building Capacity for Resilience,” September
Recommended publications
  • Curriculum Vitae
    ZHOU (JO) ZHANG University of Virginia Cell Phone: (908) 868 3183 Department of Economics Email: [email protected] PO Box 400182 Website: http://people.virginia.edu/~zz9fh Charlottesville, VA 22904-4182 Citizenship: USA EDUCATION: Ph.D. Candidate, University of Virginia Expected May 2016 Dissertation Title: “Swiftboating: Misleading Advertising in Presidential Elections” Committee: Simon Anderson [email protected] (434) 924-3861 Federico Ciliberto [email protected] (434) 924-6755 Maxim Engers [email protected] (434) 924-3130 M.A. Economics, University of Virginia May 2012 B.A. Economics and Math, Vanderbilt University May 2007 FIELDS OF INTEREST: Industrial Organization, Applied Microeconomics, Political Economy RESEARCH PAPERS: “Swiftboating: Misleading Advertising in Presidential Elections” Job Market Paper “Multiple Equilibria and Deterrence in Airline Markets” R&R, Economic Inquiry with Federico Ciliberto (UVa) “Horizontal Mergers and Divestiture of Assets” In Progress with Federico Ciliberto (UVa) and Jonathan Williams (UNC) RESEARCH AND PROFESSIONAL EXPERIENCE: Research Assistant for Federico Ciliberto (UVa), Sheetal Sekhri (UVa), 2011 – 2013 Leonard Mirman (UVa), Lee Coppock (UVa) Analyst, Municipal Derivatives Group at Wachovia Bank 2007 – 2009 PRESENTATIONS: SEA Conference, New Orleans Expected November 2015 University of Virginia, IO/Theory Workshop September 2015 University of Virginia, brown bag May 2015 TEACHING EXPERIENCE: Head Teaching Assistant, UVa 2012 – 2013 Econ 2010, Principles of Microeconomics; Econ 2020, Principles
    [Show full text]
  • Generalizations of Optimal Growth Theory: Stochastic Models, Mathematics, and Meta-Synthesis
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Spear, Stephen; Young, Warren Working Paper Generalizations of optimal growth theory: Stochastic models, mathematics, and meta-synthesis Working Paper, No. 2015-05 Provided in Cooperation with: Department of Economics, Bar-Ilan University Suggested Citation: Spear, Stephen; Young, Warren (2015) : Generalizations of optimal growth theory: Stochastic models, mathematics, and meta-synthesis, Working Paper, No. 2015-05, Bar- Ilan University, Department of Economics, Ramat-Gan This Version is available at: http://hdl.handle.net/10419/130533 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die
    [Show full text]
  • COMPARATIVE STATICS, INFORMATIVENESS, and the INTERVAL DOMINANCE ORDER by John K.-H. Quah and Bruno Strulovici Abstract: We Iden
    COMPARATIVE STATICS, INFORMATIVENESS, AND THE INTERVAL DOMINANCE ORDER By John K.-H. Quah and Bruno Strulovici Abstract: We identify a natural way of ordering functions, which we call the interval dominance order, and show that this concept is useful in the theory of monotone comparative statics and also in statistical decision theory. This ordering on functions is weaker than the standard one based on the single crossing property (Milgrom and Shannon, 1994) and so our monotone comparative statics results apply in some settings where the single crossing property does not hold. For example, they are useful when examining the comparative statics of optimal stopping time problems. We also show that certain basic results in statistical decision theory which are important in economics - specifically, the complete class theorem of Karlin and Rubin (1956) and the results connected with Lehmann's (1988) concept of informativeness - generalize to payoff functions that obey the interval dominance order. Keywords: single crossing property, interval dominance order, supermodularity, comparative statics, optimal stopping time, complete class theorem, statistical de- cision theory, informativeness. JEL Classification Numbers: C61, D11, D21, F11, G11. Authors' Emails: [email protected] [email protected] Acknowledgments: We would like to thank Ian Jewitt for many stimulating conversations. We also received many helpful comments from seminar and conference participants in Bu- dapest, Exeter, Kos, Michigan, Northwestern, Oxford, Singapore, and Warwick. In particu- lar, we would like to thank Rabah Amir, Alan Beggs, Eddie Dekel, Juan-Jose Ganuza, Paul Milgrom, Leonard Mirman, Andrea Patacconi, Herakles Polemarchakis, Edward Schlee, and Aleksey Tetenov.
    [Show full text]
  • William A. Brock
    William A. Brock Curriculum Vitae January 2006 Professor William A. Brock Office: 608/263-6665 Department of Economics Fax: 608/263-3876 University of Wisconsin - Madison Email: [email protected] 1180 Observatory Drive http://www.ssc.wisc.edu/~wbrock Madison WI USA 53706-1393 Education: University of Missouri, Columbia, Mo., A.B., 1965, with Honors, (Mathematics) University of California, Berkeley, Ca., Ph.D., 1969, (Mathematics) Employment: 1990- Vilas Research Professor of Economics, University of Wisconsin, Madison 1984- F.P. Ramsey Professor of Economics, University of Wisconsin, Madison 1975-1983 Professor of Economics, University of Wisconsin, Madison 1975-1981 Professor of Economics, the University of Chicago 1974-1977 Associate & Full Professor of Economics, Cornell University 1972-1975 Associate Professor of Economics, The University of Chicago Fall 1973 Visiting Associate Professor of Economics, The University of Rochester, Rochester, New York 1969-1971 Assistant Professor of Economics and Mathematics, The University of Rochester, Rochester, New York Honors, Awards, and Grants: Bernard Friedman Memorial Prize, University of California at Berkeley (for excellence of Ph.D. Thesis in applied mathematics), 1968. National Science Foundation Grants, continuously from 1970-2003 and renewed under the "Special Creativity" extension program, Summer 1997. National Science Foundation Grant(Applied Section) 1983-1985. Fellow of Econometric Society since 1974. Sherman Fairchild Distinguished Scholar, California Institute of Technology, 1978. Eligible for Center Fellowship, Center for Advanced Study in the Behavioral Sciences, Stanford, CA since May 1979. Romnes Faculty Fellow, University of Wisconsin, Madison, 1981. W.A. Brock Guggenheim Fellow, 1987. R.F. Murray Competition for Best Paper of the Year, Institute for Quantitative Research and Finance, Columbia University, for paper entitled, "Applications of Nonlinear Science Statistical Inference Theory to Finance and Economics: Third Prize, 1988.
    [Show full text]
  • William A. Brock
    W.A. Brock William A. Brock Curriculum Vitae October 18, 2019 Professor William A. Brock Office: 573-882-6474 (MU) Department of Economics Fax: 573-882-2697 (MU) University of Wisconsin - Madison Email: [email protected] 1180 Observatory Drive http://www.ssc.wisc.edu/~wbrock Madison, WI, USA, 53706-1393 Department of Economics, University of Missouri, 118 Professional Building, Columbia, Missouri, 65211 (I’m in Columbia for March 2013-2018, possibly March, 2019 and more) Education: University of Missouri, Columbia, Mo., A.B., 1965, with Honors, (Mathematics) University of California, Berkeley, Ca., Ph.D., 1969, (Mathematics) Employment: 2012- Research Professor, University of Missouri, Columbia (2012-) 2011- Vilas Research Professor of Economics (Emeritus), University of Wisconsin, Madison (effective August 29, 2011) 1990-2011 Vilas Research Professor of Economics, University of Wisconsin, Madison 1984-2011 F.P. Ramsey Professor of Economics, University of Wisconsin, Madison 1975-1983 Professor of Economics, University of Wisconsin, Madison 1975-1981 Professor of Economics, the University of Chicago 1974-1977 Associate & Full Professor of Economics, Cornell University 1972-1975 Associate Professor of Economics, The University of Chicago Fall 1973 Visiting Associate Professor of Economics, The University of Rochester, Rochester, New York 1969-1971 Assistant Professor of Economics and Mathematics, The University of Rochester, Rochester, New York Honors, Awards, and Grants: Bernard Friedman Memorial Prize, University of California at Berkeley (for excellence of Ph.D. Thesis in applied mathematics), 1968. National Science Foundation Grants, continuously from 1970-2003 and renewed under 1 W.A. Brock the "Special Creativity" extension program, Summer 1997. National Science Foundation Grant(Applied Section) 1983-1985.
    [Show full text]
  • The Solow Residual As a Black Box: Attempts at Integrating Business Cycle and Growth Theories Tiago Mata and Francisco Louçã
    The Solow Residual as a Black Box: Attempts at Integrating Business Cycle and Growth Theories Tiago Mata and Francisco Louçã The intersection between growth and business cycle theory remains a controversial subject in economics. The question posed by this article is, What role did Robert Solow’s “Technical Change and the Aggregate Production Function” (1957) play in recent attempts to integrate busi- ness cycle and growth theory? We argue that the “Solow residual” was a resource given to multiple uses, at times rhetorical and symbolic, at times instrumental for theory development, at others a social artifact. The Solow residual is herein conceived as an object. We examine the history of fl uctuations in growth theory in a narrative of model building, of the addition and subtraction of elements to models. Our views are informed by the concept of the black box associated with the work of Bruno Latour and colleagues (Latour 1987; Latour and Woolgar 1979). Their notion is that theoretical and experimental artifacts can attain a status of consen- sual acceptance that exempts them from close examination. It is in this sense that they are said to be “closed.”1 Our use of the term black box is felicitous for another reason. The term has an established lineage in controversies over the role of innova- We are indebted to the participants at the 2008 HOPE conference for their insightful commen- tary on this article. Lionello Punzo, Marcel Boumans, Nicholas Crafts, Michel De Vroey, and David Warsh were generous in offering suggestions and corrections both during and after the meetings.
    [Show full text]
  • Economics 605: ADVANCED MICROECONOMIC THEORY 1. Course Description. This Course Provides an Overview of Major Theoretical Contr
    Econ 605_Advanced Microeconomics_2017_syl 1/13/17 2:07 PM Spring 2017 DUKE UNIVERSITY Department of Economics Economics 605: ADVANCED MICROECONOMIC THEORY Professor: Charles Becker Telephone: 919-660-1885 Email: [email protected] Office: 312 Social Sciences Office Hours: by appointment Class: Monday and Wednesday 4:40 – 5:55 Social Psychology 126 TA & presentation sessions Monday 6:30-7:20 Allen 103 Thursday 6:15 – 7:05 Allen 103 Teaching Assistants: Susan Cherry [email protected] Yuxuan He [email protected] Xian Jiang [email protected] Stephanie Karol [email protected] Class website: https://sites.duke.edu/econ206_01_s2011/ 1. Course description. This course provides an overview of major theoretical contributions using microeconomic theory along with an introduction to dynamic optimization. The course is intended to give participants a sense of different fields in microeconomics – labor, health, industrial organization, international trade, economic development, urban economics, and more. In the process, students will gain an appreciation of modeling approaches. 2. Prerequisites. Econ 601 or equivalent. Working knowledge of multivariate calculus is necessary; some matrix algebra and a cursory overview of the first chapters of a differential equations text will be needed as well. Students are assumed to be familiar with Varian’s Microeconomic Analysis (Ed. 3) or a comparable text like Jehle & Reny: you should own a copy for reference purposes. 3. Texts and readings. There are no texts. Readings (usually) will be posted on Sakai. Instead, the course consists of a vast number of required readings, which each student is expected to cover thoroughly with an eye to content, theory, model, and econometric technique.
    [Show full text]
  • UNIVERSITY of CALIFORNIA, RIVERSIDE DEPARTMENT of ECONOMICS ECON 201A: MACROECONOMIC THEORY I Fall 2019
    UNIVERSITY OF CALIFORNIA, RIVERSIDE DEPARTMENT OF ECONOMICS ECON 201A: MACROECONOMIC THEORY I Fall 2019 “Progress in economic thinking means getting better and better abstract, analogue economic models, not better verbal observations about the world.” in “Methods and Problems in Business Cycle Theory” by Robert E. Lucas Jr., JMCB (1980) Instructor: Jang-Ting Guo Lectures: MW 9:00 – 10:45 a.m., Sproul Hall 2206 Office: Sproul Hall 3133 Phone no.: (951) 827-1588 E-Mail: [email protected] Office Hours: Open Door Description: This course will study macroeconomic theory and its relationship to general equilibrium analysis. We start by looking at some stylized facts of the U.S. timer series data and discuss two basic growth theories. We then investigate how economic agents formulate expectations. Finally, we will examine the first of the two types of models that are used extensively in modern macroeconomics, which is based on the idea that economic agents are thought of as families who live forever. Texts: Azariadis, Costas, Intertemporal Macroeconomics, Blackwell Publisher, Cambridge, Massachusetts, 1993. Farmer, Roger E.A., The Macroeconomics of Self-Fulfilling Prophecies, 2nd edition, MIT Press, Cambridge, Massachusetts, 1999. Farmer, Roger E.A., Macroeconomics, 2nd edition, South-Western College Publishing, Cincinnati, Ohio, 2002. The second textbook is available at the UCR bookstore. Other five references are placed on the Rivera Library’s reserve: Arrow, Kenneth J., and Michael D. Intriligator, editors, Handbook of Mathematical Economics, Vol. 2., North Holland, Amsterdam, 1982. Begg, David K.H., The Rational Expectations Revolution in Macroeconomics: Theories & Evidence, Phillip Allen, Oxford, 1982. Burmeister, Edwin, Capital Theory and Dynamics, Cambridge University Press, Cambridge, 1980.
    [Show full text]
  • Macroeconomic Dynamics Suvey Generalizations of Optimal Growth
    1 Macroeconomic Dynamics Suvey Generalizations of optimal growth theory: stochastic models, mathematics, and meta-synthesis 1 2 Stephen Spear and Warren Young 1 Tepper School of Business, Carnegie Mellon University, Pittsburgh, PA 15213, [email protected] 2 Dept of Economics Bar Ilan University, 52900 Ramat Gan, Israel, [email protected] 2 Proposed Running Head: Stochastic Growth 3 Introduction In previous papers (Spear and Young 2014, 2015), we surveyed the origins, evolution and dissemination of optimal growth, two sector and turnpike models up to the early 1970s. Regarding subsequent developments in growth theory, a number of prominent observers, such as Fischer (1988), Stern (1991) and McCallum (1996) maintained that after significant progress in the 1950s and 1960s, economic growth theory "received relatively little attention for almost two decades" (Fischer, 1988, 329), and that "by the late 1960s early 1970s, research on the theory of growth more or less stopped" (Stern, 1991, 259). Stern went on to say "the latter half of the 1980s saw a rekindling of growth theory, particularly in the work of Romer… and Lucas" (1991, 259), that is to say, in the form of "endogenous growth" models. McCallum, for his part, wrote (1996, 41) "After a long period of quiescence, growth economics has in the last decade (1986-1995) become an extremely active area of research." Moreover, Brock and Mirman’s (1972) paper was the sole "extension" of Ramsey-Cass-Koopmans to a "stochastic environment" mentioned by McCallum (1996, 49). 4 This paper deals with the evolution of the "classical" growth research program of Ramsey-Cass-Koopmans vintage via its stochastic "variants" and "generalizations" (Samuelson 1976, note 1).
    [Show full text]
  • H. Quah and Bruno Strulovici Abstract: We Iden
    COMPARATIVE STATICS, INFORMATIVENESS, AND THE INTERVAL DOMINANCE ORDER By John K.-H. Quah and Bruno Strulovici Abstract: We identify a natural way of ordering functions, which we call the interval dominance order, and show that this concept is useful in the theory of monotone comparative statics and also in statistical decision theory. This ordering on functions is weaker than the standard one based on the single crossing property (Milgrom and Shannon, 1994) and so our monotone comparative statics results apply in some settings where the single crossing property does not hold. For example, they are useful when examining the comparative statics of optimal stopping time problems. We also show that certain basic results in statistical decision theory which are important in economics - specifically, the complete class theorem of Karlin and Rubin (1956) and the results connected with Lehmann's (1988) concept of informativeness - generalize to payoff functions that obey the interval dominance order. Keywords: single crossing property, interval dominance order, supermodularity, comparative statics, optimal stopping time, complete class theorem, statistical de- cision theory, informativeness. JEL Classification Numbers: C61, D11, D21, F11, G11. Authors' Emails: [email protected] [email protected] Acknowledgments: We would like to thank Ian Jewitt for many stimulating conversations. We also received many helpful comments from seminar and conference participants in Bu- dapest, Exeter, Kos, Michigan, Northwestern, Oxford, Singapore, and Warwick. In particu- lar, we would like to thank Rabah Amir, Alan Beggs, Eddie Dekel, Juan-Jose Ganuza, Paul Milgrom, Leonard Mirman, Andrea Patacconi, Herakles Polemarchakis, Edward Schlee, and Aleksey Tetenov.
    [Show full text]
  • Monotone Methods for Distorted Economies Manjira Datta Arizona State University
    University of Connecticut OpenCommons@UConn Economics Working Papers Department of Economics February 2001 Monotone Methods for Distorted Economies Manjira Datta Arizona State University Leonard Mirman University of Virginia Olivier F. Morand University of Connecticut Kevin Reffett Arizona State University Follow this and additional works at: https://opencommons.uconn.edu/econ_wpapers Recommended Citation Datta, Manjira; Mirman, Leonard; Morand, Olivier F.; and Reffett, Kevin, "Monotone Methods for Distorted Economies" (2001). Economics Working Papers. 200103. https://opencommons.uconn.edu/econ_wpapers/200103 Department of Economics Working Paper Series Monotone Methods for Distorted Economies Manjira Datta Arizona State University Leonard Mirman University of Virginia Olivier F. Morand University of Connecticut Kevin Reffett Arizona State University Working Paper 2001-03 February 2001 341 Mansfield Road, Unit 1063 Storrs, CT 06269–1063 Phone: (860) 486–3022 Fax: (860) 486–4463 http://www.econ.uconn.edu/ 1 Introduction Many interesting questions concerning public policy in economics requires developing a class of models that allow for the possibility of violations of the second welfare theorem of Arrow and Debreu. For example in the en- dogenous growth literature, the role of human capital is often stressed as being central to explaining the di¤erences in long run growth rates among developed countries. Central to such analysis is a failure of markets to in- corporate external e¤ects into the private decisions of agents concerning the accumulation of human capital. Unfortunately, this interesting character- istic of human capital (as in the seminal work in Romer [38] for example) implies that the second welfare theorem becomes useless. As a consequence, questions concerning the existence and the characterization of competitive equilibrium becomes complicated to address.
    [Show full text]
  • 6Th Annual Conference on Economic Growth and Development December 16-18, 2010 ISI, Delhi
    6th Annual Conference on Economic Growth and Development December 16-18, 2010 ISI, Delhi List of Participants 1. Anwesha Aditya Jadavpur University, Kolkata [email protected] 2. Farzana Afridi Delhi School of Economics [email protected] 3. Murali Agastya University of Sydney [email protected] 4. Alberto Alesina Harvard University [email protected] 5. Amshika Amar University of Birmingham [email protected] 6. Santosh Anagol Wharton School [email protected] 7. Parimal Kanti Bag National University of Singapore [email protected] 8. Debasis Bandyopadhyay University of Auckland [email protected] 9. Subhayu Bandyopadhyay Federal Reserve Bank of St. Louis and IZA, Bonn [email protected] 1 10. Dyuti Banerjee Monash University, Clayton [email protected] 11. Rahul Banerjee Indore, Madhya Pradesh [email protected] 12. Abhijit Banerji Delhi School of Economics [email protected] 13. Bidisha Barooah Delhi School of Economics [email protected] 14. Kaushik Basu Cornell University and Ministry of Finance [email protected] 15. Sonia Bhalotra University of Bristol [email protected] 16. Alok Bhargava University of Houston [email protected] 17. Silvia Dal Bianco University of Pavia [email protected] 18. Gautam Bose University of New South Wales [email protected] 19. Niloy Bose University of Wisconsin-Milwaukee [email protected] 20. Amit Bubna Indian School of Business, Hyderabad [email protected] 21. Robin Burgess London School of Economics [email protected] 22. Fabio Cerina University of Cagliari and CRENoS [email protected] 2 23.
    [Show full text]