CLASS OF

COMMENCEMENT

MAY 15, 2021 Land Acknowledgement

We recognize that Berkeley sits on the territory of Huichin (Hoo- Choon), the ancestral and unceded land of the Chochenyo Ohlone, the successors of the historic and sovereign Verona Band of Alameda County. This land was and continues to be of great importance to the Ohlone people. We recognize that every member of the Berkeley community has, and continues to benefit from the use and occupation of this land, since the institution’s founding in 1868. Consistent with our values of community and diversity, we have a responsibility to acknowledge and make visible the university’s relationship to Native peoples. By offering this Land Acknowledgement, we affirm Indigenous sovereignty and will work to hold University of California Berkeley more accountable to the needs of American Indian and Indigenous peoples.

We know that many of you are spread throughout the world on the land of other peoples and would like to take the time to acknowledge that ancestral history as well.

Visit https://cejce.berkeley.edu/nasd to learn more University of California, Berkeley Department of Economics

Commencement Program May 15, 2021

Welcome Professor David Card Chair, Department of Economics

Department Awards

Degree Candidates

In Memoriam

Hail to California Welcome

Dear 2021 graduates,

Congratulations on graduating from the best department of the best university in the world! Although we are not able to celebrate this important accomplishment and milestone with you in person, please know that every one of us in the Economics Department is proud of what you have accomplished and thrilled on your behalf.

Founded in 1868—just eighteen years after California became a state— the University of California, Berkeley is one of California’s gems. It has been the source of fundamental contributions to knowledge, a vital vehicle for the transmission of knowledge to generations of students from California and around the world, and an unparalleled driver of opportunity and upward mobility. And throughout its history, it has shown, over and over again, that nothing could be more wrong than the idea that there is a tradeoff between diversity and excellence. On the contrary, inclusion, diversity, and equity are crucial sources of excellence.

Founded in 1902, the Department of Economics is one of Berkeley’s gems. Its exceptional combination of extraordinary research—including five Nobel Prizes—outstanding teaching—including five winners of the campus Distinguished Teaching Award currently on the faculty—and the most talented, dedicated, and passionate students anywhere make it truly unique. You are now a part of this history of excellence as a new alum of the Department of Economics at UC Berkeley.

Congratulations, best wishes, and take care—and Go Bears!

David Card Chair, Department of Economics Graduate Awards

Eliot J. Swan Prize Yuki Ito

The Eliot J. Swan Prize is awarded for the best performance in the first year of the Ph.D. program. It includes a cash component to recognize the discipline and dedication of this achievement. Eliot J. Swan was a graduate student, teaching assistant and instructor in the Department of Economics at UC Berkeley from 1932-1941. He then went on to a career at the San Francisco Federal Reserve Bank, where he eventually served as President. He retired from the bank in 1972, after 31 years of service.

George Break Prize in Public Finance Kai Zen

The George Break Prize in Public Finance is awarded to a student with outstanding performance in the Public Finance field courses. The prize was established in honor of George Break, a leading figure in public finance and a professor in the Economics Department for 40 years.

Public Policy Research Award Nina Roussille

The Public Policy Prize is awarded to a student performing research in Economics relating directly to issues of Public Policy. Typical subjects include (but are not limited to) Public Finance, Regulation, Health, Transportation and Education. The decision is made by the faculty members who specialize in Public Policy.

Journal of Development Economics Award Christina Brown

The Journal of Development Economics Prize is awarded in recognition of outstanding work or research in Development Economics completed during the academic year. Its goal is to support students in their thesis writing. The decision is made by the faculty members who specialize in Development Economics. 2021 Outstanding GSI Award Recipients Joshua Archer Kevin Dano Sreeraahul Kancherla Maximiliano Lauletta Michael Love Carl McPherson Ramakrishnan Somara Sabharwal Sushil Viswanathan John Wieselthier Chaoran Yu Luke Zhang Yipei Zhang Undergraduate Awards

Steve Goldman Memorial Prize and Departmental Citation Lila Rose Englander

The Steve Goldman Memorial Prize and Departmental Citation is awarded to the top undergraduate student in recognition of outstanding achievement in the Department of Economics. The Goldman Prize Fund was established in memory of Professor Goldman, who joined the Berkeley faculty in 1966. He was a micro-theorist, devoted mentor to many students, and strong supporter of academic excellence.

Thomas E. Bowman Award Manasi Hardikar

The Thomas E. Bowman Prize for Student Support in Economics is awarded to the student who has demonstrated not only academic excellence, but has shown an oustanding committment to contributing to the department, the university, and the community. The award was established in honor of Thomas E. Bowman, who graduated from U.C. Berkeley with a bachelor’s degree in Economics in 1947. The award is funded by the Better Business Bureau of Oakland, in honor of Tom’s many years of service.

Mark A. Schimbor Award Anthony Swaminathan

The Mark A. Schimbor Prize in Economics was established in 2012 in memory of Mark A. Schimbor, who passed away in 2012. Mark earned a degree in Economics with Honors, Phi Beta Kappa, from the University of California, Berkeley in 1967. The Mark A. Schimbor Prize in Economics enables the Department to celebrate excellence in the study of Economics, making note of Mark’s legacy as an honors student, and recognizing the spirit in which the prize was established. The prize is awarded to the honors student that demonstrates not only academic excellence but also exemplary research abilities. The winner is selected by the Economics Undergraduate Committee based on the outstanding nature of their honors thesis. Ph.D. CANDIDATES

Jun Aoyagi “Essays on Information and Financial Markets” Dissertation Advisors: Professor Nicolae Garleanu and Professor David Sraer

ChaeWon Baek “Essays in Macroeconomics” Dissertation Advisor: Professor Yuriy Gorodnichenko

Zachary Bleemer “Essays in Labor Economics, Economic Mobility, and Higher Education” Dissertation Advisor: Professor David Card

Christina Brown “Essays on Personnel Economics in Developing Countries” Dissertation Advisor: Professor Supreet Kaur

Christopher Campos “Essays in the economics of education” Dissertation Advisor: Professor Christopher Walters

Isabelle Cohen “Essays on Public Finance and Development” Dissertation Advisor: Professor Fred Finan

Marc Dordal Carreras “Financial Markets and the Macroeconomy: Theory, Evidence and Policy Prescriptions” Dissertation Advisor: Professor Yuriy Gorodnichenko

Ezequiel Garcia-Lembergman “Multi-establishment Firms, Pricing and the Propagation of Local Shocks: Evidence from US Retail” Dissertation Advisor: Professor Benjamin Faber

Jonathan Holmes “Essays on Health Insurance Policy” Dissertation Advisor: Professor Ben Handel

Junyi Hou “Essays in Development Economics and Political Economy” Dissertation Advisor: Professor Gerard Roland Peter Jones “Essays in Psychology and Economics” Dissertation Advisor: Professor Stefano DellaVigna

Caitlin Kearns “Essays on School Choice” Dissertation Advisor: Professor Jesse Rothstein

Caroline Le Pennec “The Determinants and the Effects of Campaign Communication in Competitive Elections” Dissertation Advisor: Professor Frederico Finan

Samuel Leone “Essays on Economic Development” Dissertation Advisor: Professor Frederico Finan

Peter McCrory “Essays in Macroeconomics” Dissertation Advisor: Professor Yuriy Gorodnichenko

Todd Messer “Financial Institutions and the Real Economy ... and a COVID-19 Shock” Dissertation Advisor: Professor Pierre-Olivier Gourinchas

Fengshi Niu “Essays in Econometrics” Dissertation Advisor: Professor Bryan S. Graham

Piyush Paritosh Panigrahi “Essays on Spatial Production Networks” Dissertation Advisor: Professor Andres Rodriguez-Clare

Farzad Pourbabaee “Essays in Venture capital, Reputation and Learning” Dissertation Advisors: Professor Robert M. Anderson and Professor Chris Shannon

Nina Roussille “Essays in labor economics” Dissertation Advisor: Professor Patrick Kline Maxime Sauzet “Essays on Asset Pricing, Portfolio Choice, and International Finance” Dissertation Advisor: Professor Pierre-Olivier Gourinchas

Dong Wei “Essays in Dynamic Games and Information Economics” Dissertation Advisors: Professor Chris Shannon and Professor Philipp Strack

Alexandra Steiny Wellsjo “Essays in Psychology and Economics” Dissertation Advisors: Professor Stefano DellaVigna and Professor Ulrike Malmendier B.A. HONORS CANDIDATES

Zoya Ali “Gender Equality and Economic Growth: Solving the Asian Puzzle” Thesis Advisor: Professor Alan Auerbach

Sarah Baig “Time Dependence in Okun’s Law at the State Level” Thesis Advisor: Professor Raymond Hawkins

Vatsal Bajaj “Labor Regulation and the Impact on Firm-Level Efficiency in India” Thesis Advisor: Professor Nick Tsivanidis

Oyundari Batbayar “Gender Representation in Academia: Evidence from the Italian Education System Reform” Thesis Advisor: Professor Martha Olney

Andrei A Caprau “Reexamining Overreactions in the Stock Market” Thesis Advisor: Professor Stephen Bianchi

Matthew J Chang “Money & Marriage on the Elementary Mind -- A High-Level Analysis of Inequitable Child Development in LA County” Thesis Advisor: Professor David Levine

Cheng Chi “Unanticipated Unemployment Rate News on the Stock Market” Thesis Advisor: Professor Christopher Walters

Saif A Chowdhury “Should Physicians Be More Collaborative? Determining the Relationship Between Patient Participation and Treatment Plan Confidence Across a Spectrum of Illness Severity in the State of California” Thesis Advisor: Professor Benjamin Handel

Sin In Sabrina Chui “Modeling Optimal Greenhouse Gas Abatement and Investment in the Presence of Technology Spillovers” Thesis Advisor: Professor Robert Powell Daniel M Cohen “Understanding the Influence of Marginal Income Tax Rates on Retirement Investment Habits” Thesis Advisor: Professor Gabriel Zucman

Krunal Desai “Infrastructure in India’s Internal War: A District-Level Analysis of the Naxalite-Maoist Conflict” Thesis Advisor: Professor Edward Miguel

Lila Rose Englander “Do Eucalyptus Trees Increase Wildfires?” Thesis Advisor: Professor Meredith Fowlie

Jacob E Fajnor “Learning From Mistakes: Sentencing Experience and its Diminishing Effect on Judge Racial Bias” Thesis Advisor: Professor Conrad Miller

Kevin Fang “Understanding the Labor Outcomes of Hurricane Sandy” Thesis Advisor: Professor Emi Nakamura

Ekaterina Fedorova “Does TikTok Show Viewers the Content Relevant to Them?” Thesis Advisor: Professor Clair Brown

Anne W Fogarty “The Impact of the Affordable Care Act Dependent Care Provision on Long-term Young Adult Labor Market Choices” Thesis Advisor: Professor Benjamin Handel

Richard Gong “Orchestra Sex Disparity: Experimental Evidence from Audience Members” Thesis Advisor: Professor Sydnee Caldwell

Robert Hovakimyan “The Big Three Medical Price Indexes: A Comparative Review” Thesis Advisor: Professor Emi Nakamura

Antara Jha “The Effect of Gender of Leadership on Company Stock Performance in Response to Economic Shocks” Thesis Advisor: Professor Yuriy Gorodnichenko Yuxin Ji “The Role of Face Covering Mandates in the COVID-19 Job Market: An Analysis Based on Evidence from Twenty Industries” Thesis Advisor: Professor Demian Pouzo

Shankar Krishnan “Effect of Value-Added-Services on Customer Reviews in a Platform Marketplace” Thesis Advisor: Professor Steven Tadelis

Mary C Kruberg “Aggregate Spending Effects of the Expiration of the $600 per week CARES Act Unemployment Benefits” Thesis Advisor: Professor Jón Steinsson

Ember Hsia Jasmine Lin-Sperry “COVID19 Recession: Gender Layoff Gap Explodes” Thesis Advisor: Professor James Campbell

Tai B Lohrer “Do Marine Protected Areas Work As Intended? An Analysis of Bottom Trawling in New Zealand” Thesis Advisor: Professor Clair Brown

Donghe Lyu “The Gender Wage Gap in China: Learning from Recent Longitudinal Data” Thesis Advisor: Professor David Card

Jun Ru Lyu “Are Soccer Teams Being Inefficient? An Analysis of Sunk Cost Fallacy and Recency Bias Using Transfer Fee” Thesis Advisor: Professor Stefano DellaVigna

Dan Lam Ma “Local Graduation Policies as a Tool for Increasing College Eligibility: Evidence from Los Angeles” Thesis Advisor: Professor David Card

Charles Ian McMurry “Trust in Government and Lockdown Compliance in Sub-Saharan Africa” Thesis Advisor: Professor Edward Miguel Oliver Patrick McNeil “I Do (or Don’t): The Impact of Same-Sex Marriage Laws on International Tourism” Thesis Advisor: Professor Martha Olney

John Anders McInnis Melin “International Shipping Consequences of a Navigable Arctic” Thesis Advisor: Professor Barry Eichengreen

Aneesh Nathani “Investigating Dollar Invoicing Trends Using UK Trade Data” Thesis Advisor: Professor Maurice Obstfeld

Madhav R Nekkar “Quantifying Tradeoffs in and Optimizing COVID-19 Testing Protocols in California’s State Prison System” Thesis Advisor: Professor Stefano Bertozzi

Mina Nezam-Mafi “Micro-Level Impact of Initial Public Offerings on Bay Area Housing Inflation” Thesis Advisor: Professor Enrico Moretti

Nikolas J Osorio “Sort By Cost: Exploring the Effects of Transient Occupancy Taxes on Peer-to-Peer Home-Sharing Markets” Thesis Advisor: Professor Gabriel Zucman

Ruiwen Pan “Reward Dynamics and Effort Provision in Professional Tennis Tournaments” Thesis Advisor: Professor Benjamin Handel

Serra Peker “Buyback Realities: Motives for Share Repurchases in the Tax Cuts and Jobs Act Era” Thesis Advisor: Professor Alan Auerbach

Odysseus Pyrinis “Examining the Effects of Minimum Wage Laws on Part-Time Employment” Thesis Advisor: Professor Christopher Walters Aditi Ramakrishnan “The Great Indian Identity Crisis? -- Exclusions & Intersectionality in the Indian Aadhaar System” Thesis Advisor: Professor Benjamin Faber

Marcus D Sander “The Effects of Access to Family Planning Facilities on Female Labor Market Outcomes” Thesis Advisor: Professor Christopher Walters

Can Sarioz “The ‘Clutch Gene’ Myth: An Analysis of Late-Game Shooting Performance in the NBA” Thesis Advisor: Professor Benjamin Handel

Sidharth Satya “Estimating the Impact of Artifical Intelligence on Jobs Within the Healthcare Industry” Thesis Advisor: Professor Enrico Moretti

Emily A Schultz “Factors Influencing Telehealth Utilization: Evidence from California” Thesis Advisor: Professor Ryan Edwards

Nachiket Shah “Cash and Conflict: Evidence from the Indian Banknote Demonetization” Thesis Advisor: Professor Edward Miguel

Nina Singiri “Determinants of the Number of Anti-Government Demonstrations: Evidence from OECD Countries” Thesis Advisor: Professor Nick Tsivanidis

Mandara Malika Sugathapala “Hygiene Heros: A Process Evaluation of Promoting Hygiene Practices in Tamil Nadu Schools” Thesis Advisor: Professor David Levine

Anthony Swaminathan “Macroeconomic Volatility at the Zero Lower Bound: Evidence from the OECD” Thesis Advisor: Professor Yuriy Gorodnichenko Chun Him To “How are Society’s Conditions and Demographics Related to the Popularity of Chief Executive Carrie Lam and the Hong Kong Government?” Thesis Advisor: Professor Gerard Roland

Renee Isabel Utter “Exploring the Labour Patterns of Women and Mothers Through the COVID-19 Pandemic: The Impact of School Closures and a New Kind of Recession” Thesis Advisor: Professor Martha Olney

Haolin Wang “How Have Socioeconomic Achievement Determinants Changed in the Past Decade for First-Generation Chinese Immigrants in the U.S.” Thesis Advisor: Professor Michael Reich

Jessica D Wang “Measuring the Impact of Chapter 13 Bankruptcy on Foreclosure” Thesis Advisor: Professor Emmanuel Saez

David Wynne Willigrod “The Impact of Quarantines on School Enrollment in Developing Countries: Evidence from the Ebola Epidemic in Sierra Leone” Thesis Advisor: Professor Ulrike Malmendier

Kevin Woo “Weeding out Needy Households and Welcoming the Better Off? Impacts of Transactional Barriers on SNAP Participation Rates” Thesis Advisor: Professor David Card

Junjie Xiao “Do Workers Work More if Wages are High? Field Evidence from Full-Time Factory Workers in China” Thesis Advisor: Professor Stefano DellaVigna

Emily Gracheva Yen “Evaluating the Impact of California’s Low Carbon Fuel Standard on Transportation Carbon Dioxide Emissions: An Econometric Approach” Thesis Advisor: Professor Fan Dai Luke Zhang “Understanding the Gender Gap in Property Returns in the San Francisco Bay Area” Thesis Advisor: Professor Enrico Moretti

Danning Zhao “Examining the Application of PID Control in Monetary Policy” Thesis Advisor: Professor Raymond Hawkins BACHELOR OF ARTS CANDIDATES

Ethan M Abbas Alexander Hyungjoon Byun Anna V Adamian Hongze Cai Sean Adibi Junyi Cai Armin Aghamohammadi Zeliang Cai Alejandro Martin Aguirre Zhiyao Cai Himanshi Ahir Alexandra Therese Calegari Tahsin Ahmed Junhe Cao Harsh S Ainapure Zeyuan Cao Isha Ajmera Andrei A Caprau Mitchell Maxfield Algert Anthony J Casasos Zoya Ali Sara Daniela Castro Ahmad Altahan Mario A Castro Sara Amiri Nidhi Chalgeri Arya S Anandkumar Annabelle W Chan Sanjiv Palaniappan Annamalai Evelyn S Chan Chi Yin Billy Au-Yeung Chia-Ning Chang Abraham Aznauryan Chiao-Han Chang Leon David Babaev Hao Hsiang Chang Mahavir Chowbay Baboolall Matthew J Chang Jonathan Dietmar Backer Jacob Lee Channell Aghavni Badalyan Terry Chau Sarah Baig Leslie Katherine Chavez Vatsal Bajaj Luisa Andrea Chavez Bhushan Bahubali Balagar Amanda Chen Isbah A Bandeali + Anqi Chen Andrew Cole Basinger Brian Chen Oyundari Batbayar Chuqi Chen Aparna Bejoy Elizabeth Chen Reshma Belur Jeffrey Daniel Chen Tamara Jacqueline Berkover Kai Lun Chen Julian John Bertalli Madeline Chen Arjun Roshik Bharat Michael W Chen Amal Bhatnagar Ruby Chen Roma Bhojwani Sarah Chen David Bian Simin Chen Julianna M Bidondo-Yore Siye Chen Alyssa Birchfield Stephanie Jihui Chen Hunter Mathew Bjazevich Tzu-Wei Chen Isaac Nicolaus Laguisma Braganza Youqi Chen Nicole Tali Bral Yuqi Chen Evan Ellis Breckenridge Xiaohua Cheng Samuel W Brees Yikun Cheng Alexis C Brynjolfsson Wai Julia Cheung Nicole Erin Brynjolfsson Cheng Chi Mackenzie Erin Byrnes Jordan Elise Chiappetta Alejandro Chicote Cohee Wanshu Du Ryan Chiem Simon Duabis Declan Jack Chin Nicolas Dussaux Natalie Chin Owen Thomas Duvall Cheng-Rang Cho Brendan Hayato Dwyer Elliot Minwoo Choi Gyeongjin Bok Earhart + Ye Eun Choi Saipooja Eega Kevin Chou Lila Rose Englander Christine Chow Andreas N Episkopos + Saif A Chowdhury Victor Maximilian Epstein Kobe Christo Matthew-Mikhail Renegado Evidente Yeonji Chu Jacob E Fajnor Sin In Sabrina Chui Siyuan Fan Melissa Chung Xinyi Fan Yuen Tung Chung Kevin Fang Jordan Caleb Clark Jiandong Fang Chad Clay Isabelle Fang Lauren Haze Coffey Wenhan Fang Suzan Eden Coffler Jenna Rose Farac Daniel M Cohen + Trevor David Farella Camille Colbert Ekaterina Fedorova Sean Michael Collins Bohao Feng Zijing Cui Fan Feng Zixuan Cui Xiaoqi Feng + Nikhil S Cukkemane Aidan M Flood Shashank Dalmia Sofia Flores Ni Dan Jules Jarvis Fogarty Grace Lily Danco Anne W Fogarty Chaz R Darrow John G Friedman James Matthew Daugherty Jingjing Fu Diab Davis Yuchen Fu Whitney Victoria Davis Alyssa Frances Fua Joy P Day Hayley J Fujii Michael P Deal Marine Fujisawa Riley Delavari Jackson Saunders Gabler Shuheng Deng Christina Elizabeth Gaffney Krunal Desai Alexander Anthony Garcia Boris Rumenov Deyanov Denise Garcia Gallegos Elisheba Sushil Dhilpe Binhan Ge Amanda Di Lucy Gee Jieqi Ding Samira Gholami Sarah Ding Julian Charles Glina Michael Ruey-Long Ding Himalay Goel Bea Dinsmore Sebastian Gomez Andrew Guy DiSibio Chengqi Gong Gaoyu Dong Michelle Inga Gong Fan Dong Richard Gong Nero GR Dotson Gabriela Elizabeth Gonzalez Martinez Noah C Gorman Matthew Huang Alexander E Gourde Mingfei Huang Caleb David Groen Yangchao Huang Peyton Rae Groves Yunzhen Huang Peiying Gu Sharon Hui Ruihan Guan Rahim Hussain Gudivada Madeline Gia Yee Huynh Marie Guglielmetti Yui Ikeda Qijia Guo Hnin Inzali Wenbo Guo Hana Irro Sahar Ayesha Habib Tara James Desyana Halim Jooeun Jang + Chad Alexander Hamner Antara Jha Dhriti Hampapur Akhilesh Jhunjhunwala Keehee Han + Yuxin Ji Manasi Prasanna Hardikar Cathleen Jian Owen Benjamin Hart Edgar Jiang Hovhannes Harutyunyan Haoliang Jiang Winston Kuo Hau Sara Jilani Drake Jackson Hayes Can Jin Jingxing He Richard Lee Jin Meixin He Yanting Jin Jane He Yunhan Jin + Christina N Hendricks John Charles Jones III Jizael Hernandez Andrew Scott Joseph Oscar A Hernandez Tejada Feng-Chi Juan Christine Ho Shivani S Kaeley Henry Ho Ava Kahn Claire Ho + Vedant Kajaria Ella Hoffman Chihiro Kajiura Trevor Ryan Holden Briana B Kaler Matthew E. Hom Noah Sidney Kaplan Tain Hong Sonal Kapoor Xinye Hou Mohammed Hadi Kassamali Jessie M Houng Manmeet Kaur Robert Hovakimyan Can Kaya Shannon Howard Joseph Patrick Kelly Jonathan Z Hsu John B Keltner Gordon G Hu Scott J Kenberg Mi Hu Bikram Singh Khaira Jennifer Thao Hua Fatima Khan + Jessica Hua Sumaya Afsana Khandoker Charles S Huang Meghana Khurana Dahang Huang Surina A Khurana Jiexuan Huang Christian Yu-Il Kim Joanne Yujin Huang Justin Samuel Kim Juan Huang Alan Young Kim Julia Henting Huang Audrey Bian Kim Claire Yoo Jung Kim Dawon Lee Jennie Yong Kim Joshua Lee Sang Woo Kim Fernando Issac Leon Yejin Kim Hugo Letouze Jr. Jae Hyun Kim Angela H Li Gregory Edward King Bodan Li Aidan Riley Kingsford Casey H Li Sara Christina Knippa Chenyi Li Calvin Ko Jennifer Li Jacob Allen Kohl Jia Long Li Jasmin Kolasinac Jiewen Li Melina Kompella Joyce M Li Daniel Aleksander Kopec Jueshen Li Leo M Korsunsky Kaiwen Li Ronik Ramesh Kothari Maggy M Li Andrew Jerome Kraffert-Gora Michelle Jiayue Li Rohit Krishnamurthy Rebecca Li Shankar Krishnan Shuowei Li Mary C Kruberg Siliang Li Elana Celia Kruglikov + Site Li Hannah Rose Kruglikov Stephanie Jun Li Natalie Kudenholdt Xianghe Li Arisa Kudo Xiao Li Hyeyeon Kwak Xinwei Li David Dongju Kwon Xiquan Li Vivian Lac Yimin Li Saadiya A Lakhani Zonghan Li Brianne Luu Lam Dongliang Liang Wei Shan Lam Xiaoguang Liang Evan Wagner Lane Julian J Lianos Maxwell Rayner Larsen Daniel Ming Liao Michael Thomas Lavin Chloe Lin Jose Inoussa Aremou O Lawani Tinghui Lin Tram Nhat Quynh Le Yi Lin Richard M Le Yunqian Lin Christian Jerome Le Doux Yuhao Lin Charles Patrick Lechner Ember Hsia Jasmine Lin-Sperry Amanda Kristin Lee Eva A Litvinova Annette Na Hyun Lee Kan Liu Carol Elaine Lee Kehao Liu + Daniel J Lee Kejia Liu Don Je Lee Ronan Xichu Liu Hyeonghun Lee Vincent Y Liu Ian A Lee Weizi Liu Jessie Lee Yao Liu Ji Hyun Lee Yi Liu John Sukhan Lee Zhize Liu Channing Alan Lee Erica Liu Zou Tai B Lohrer + Stephan K Min Ashley V Lopez Figuera Nishant Mishra Jia Lou Preetanjali Mitra Gabriel Louis-Kayen Raghav Mittal Serena Gum-Shan Lowe Amir Moayed Jialu Lu Jeffrey Michael Moll Yufeng Lu Jack Cian Molloy Steen Halfdan Lund Cameron Mirza Monfared Baosen Luo Nikolaus J Moore Jun Ru Lyu Jonathan Morales Arellano Donghe Lyu Ragheb Moshashaeian Asl Hanqi Lyu Raymond Joseph Mosko Margaret Katherine Ma Andrew Muliadi Dan Lam Ma Sunny Multani Kevin G Ma Skanda Subash Muthiah Yanlin Ma Zahra Fatima Muzaffar Matthew Jacob Mabie Edoardo Muzzi Ivy D Macleod Madison A Myers Hemal Madaan Adel Nabhani Gurpreet Singh Mahli Nathan De Leon Nacorda David Joseph Mainayar Aroon Nagappan Kunal Malhotra Andrew V Naimark Surinderpal Malhotra Nanditha Nair Taanvi Malhotra Syed Umair Nasir Sarah Mamoon Ihson Sean Nassiri Krishnamadhav Mantirraju Aneesh Nathani Jack V Manzo Daniel Nava Palacios Hanya Humayun Maqbool Joseph Anthony Navarro Riyah Humayun Maqbool Michael Navruzyan Cade Jacob Martin Alexandra Kristen Nazarian Nicole Deeba Mashoudy Madhav R Nekkar Paul Russell Matsumoto Troy Aaron Nelson Kathleen Anne McAllister Bolor-Erdene Nergui Margaret Jo McGill Kaelan Chadwick Nettleship Mary Claire Rose Mcginnis Mina Nezam-Mafi+ Laurel E McGrane Ping Chi Precy Ng Charles Ian McMurry + Tze Yan Janice Ng Jacques Patrick McNally Connie Kangni Ng Chen Oliver Patrick McNeil Duy Lam Nguyen Anita Megerdichyan Thao Thi Nguyen Joachim Louis Charl Megret Jiahao Ni de Serilly d’Etigny Sr. Xin Yuan Nie Naik Nachiket Mehta Rishabh Preetish Nijhawan Vedant Mehta Keon Niknejad + John Anders McInnis Melin Richard Niu Maxwell Moore Menke Varun Malcolm Noronha Matthew Miles Mercier + Audrey Leigh Oas Keinanya Miman Riley Yukiko Odom Dohyon Oh Jose Alberto Quinonez Jr. Lillian S Ohara Isabella Aurora Quintana Jessica Jiyoung Ohm Neil Nabil Rabb Alexander K Olson Artin Raeisi Archer Emily Olson + Michael Rahimian Beatrice Khai Syuen Ong Kiarash Rahmati Manuel Alejandro Orellana Zepeda Arwin Rahmatpanah Nikolas J Osorio Aditi Ramakrishnan Julia Antonia Otter Ashwin Balaji Ramesh Jenna Caitlin Oursler-Cherins Rahul Ramesh Annie Ouyang Emma Jane Ranocha Venkat Ramcharanmurthy Palanati Bansari Rao Atharva Rajanish Palande Anissa P Rashid Nicholas Theodore Palmer Apurva Rastogi Andrea Lee Pan Arun Ravikumar Ruiwen Pan Sumesh Dhananjay Rawal Qing Pang Gregory Edward Reich Emily Nicole Paras Kyle Michael Reynolds Hae Rang Park Blake Richards-Smith Jaeun Park Joshua E Richardson Jeong Woo Park Sophia Ridzuan John H Park Taylor Brooke Rimell Ryan Byoung-Gyu Park Tanya Lourdes Rivera Erik A Partida Kai Edward Luna Rochette Marcus V Pasimio Quinn Paul Jura Rochette Kristine M Pau Claudio Rodriguez Serra Peker Daniel Ethan Rosenblum Belinda Peng Devin Ross Pranav Penmetcha Stephanie Forestier Ross Kimberly Perdomo Jason Rudianto Aviral Niel Pereira Elliot Kyunghun Ryu Brad Petway Yuuka Saiga Quoc Dung Pham Sandeep Narayan Sainath Dorothy V Pham Rhea R Sali Evan Stokes Phillips Ekta Sancheti Neehar Polavarapu Marcus D Sander Jordan Nicole Polo Kyle Ram Sandhu Apoorva Prakash Pranav Saravanan Noah C Prozan Can Sarioz Rebecca Pu Jack Ryan Sarmiento Kristof Robert Pusztai Benjamine Ben Sasounian Odysseus Pyrinis + Brian Satia Negoro Kyle Qi Clara Satke Claire Qiu + Sidharth Satya Jinhong Qiu Ayush Saxena Yuqin Qin Emily A Schultz Geping Qu Sreejony Sengupta Jiaying Qu Avik Sethia Nicolas Setyadi Felicia Tanuwijoyo Andre Nguyen Sha Jiayi Tao Kavina A Shah Jiayue Tao Nachiket Shah + Ferdie Jay Albuen Taruc Shahrukh S Shaikh Shem Tekeste Naman Kamlesh Shakrani Andys Theocharous Ruchirangad Sharma Ravipartap Singh Thiara Sajal Sharma Matt Thura Yingjun She Lindsay J Timmerman + Can Shen Chun Him To Megan Ming-Chien Shen Lea Sinem Tokpinar Daniel Tong Shen Elliot Joseph Tom Hanjing Shi Alexander Matthew Toubia Jason Shi Amy L Tran Minli Shi Jason Ming-jie Tso Wenting Shi Taylor N Tucker Hyungil Shim Zoe Marin Tucker + Kayla S Shojai Stephanie Joey Tungerapan Ankur Singh Renee Isabel Utter Aryan Singh Elias Vaeinoe Tapio Vaara Shailin Raj Singh Argenis Maritza Valdovinos Nina Singiri John Matthew Van Ravi Siripuram Maylin van Cleeff Gowri Somayajula Ryan James Van de Water Eumi Son Jasmine S Van Horn Spencer Ryun Kee Song Thithtyma Vannaheuang Rena Song Shivateja Reddy Vemireddy Ziming Song Garima Verma Charles Song Sushil Viswanathan Shankara K Srikantan Irina Alexandra Vlasache Emma Malia Sroat Konnor H Von Emster Brian Andrew Stewart Kristine Thuy-Trang Vu Jiapeng Su Aveneel Waadhwa Mandara Malika Sugathapala Alexander James Walker Raymond Matthew Sullivan Drake Andrew Walker Zhe Sun Teresa Jiayu Wan Bor-Yea Jennifer Sun Ryan Jianyu Wang Anirudh Surapaneni Bruce Yanxu Wang Anthony Swaminathan Christina Wang Bharadwaj Swaminathan Haolin Wang Nga Man Arina Sze Irene R Wang Jason Duy Alexander Ta Jason S Wang Ka Kit Tam Jessica D Wang + Laurence Y Tam Junqiao Wang Christopher W Tan Puning Wang Jiewen Tan Siyi Wang Marcus H Tan Siyu Wang Chenming Tang Zhijian Wang Dayuan Tang Ziye Wang Ashley Marie Ward Paul Kim Yoon Samuel Edward Wardwell Nana Yoshimura Shaun Edmund Weber Naomi K Yoshino Justin Andrew Wei Anning S You Jing Wen Hyehyun You Jenny Weng Ziyi You Lewis Isaac White Fiona Anne Blessley Young Marko Santoso Wijaya Arina Yu David Wynne Willigrod Yuhua Yu Charles Ruo-Yu Wong Baoyao Yuan Kaylee Maria Wong Zepora Arin Zangwill Brianna Ci-Tsing Woo Yan Zhan Kasey M Woo Chaoqi Zhang Kevin Woo Eugenia Zhang Ellen Lynn Wu Haoting Zhang Chaoming Wu Huiqiao Zhang Haotian Wu Liuchang Zhang Jessica X Wu Luke Zhang Rong Wu Luyi Zhang Siyi Wu Tianbi Zhang Winston Wu Tianyu Zhang Junjie Xiao Xihuan Zhang Yao Xiao Yifan Zhang Haoran Xie Yingjia Zhang Haoyuan Xie Zixin Zhang Langyou Xie Carol Zhenxin Zhao Letian Xie Danning Zhao Annie Xinfei Xu Eric Evan Zhao Fengkai Xu Liang Zhao Kelvin Chi Xu Zichen Zhao Kerry Yifei Xu David V Zheng Xiaodie Xu Dennis Norman Zheng Zhehan Xu Qiman Zheng Chang Xu Sr Senwei Zheng Ka Yan Deborah Yam Amy L Zhong Jin Yan Junfeng Zhong Shu Wen Yan Zhichao Zhong Jiaxin Yang Zihan Zhong Mingyue Yang Brian T Zhou Zeyi Yang Ivee Yangzi Zhou Alice Ting Yao Yingyu Zhou Rachel Ye Zixiang Zhou Emily Gracheva Yen Minwan Zhu Jiong Han Yeo Marek Zielinski Veronica T Yim Thomas Zohrabyan Hongbing Yin Britney Ka-Yun Yip Seungyub Yoo + Phi Beta Kappa Ethan Jiheon Yoon In Memoriam

“Those we love we never lose, For always they will be, Loved, remembered, treasured, Always in our memory.” - unknown In the Time of Pandemic

And the people stayed home. And read books, and listened, and rested, and exercised, and made art, and played games, and learned new ways of being, and were still. And listened more deeply. Some meditated, some prayed, some danced. Some met their shadows. And the people began to think differently.

And the people healed. And, in the absence of people living in ignorant, dangerous, mindless, and heartless ways, the earth began to heal.

And when the danger passed, and the people joined together again, they grieved their losses, and made new choices, and dreamed new images, and created new ways to live and heal the earth fully, as they had been healed.

- Kitty O’Meara HAIL TO CALIFORNIA

Hail to California, Alma mater dear; Sing the joyful chorus, Sound it far and near. Rallying round her banner, We will never fail; California, alma mater, Hail! Hail! Hail!

Hail to California, Queen in whom we’re blest; Spreading light and goodness Over all the West. Fighting ‘neath her standard, We shall sure prevail; California, alma mater, Hail! Hail! Hail! “Hail to California,” composed by Clinton R. “Brick” Morse in 1896

To the Class of 2021, congratulations on your achievements and welcome to the global alumni network of Berkeley Economics! Here’s how you can stay engaged with the world’s best economics department:

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Congratulations and Fiat Lux!

David Card

Chair, Department of Economics UNIVERSITY OF CALIFORNIA, BERKELEY