Candidates for Office 2015


Executive Committee:  

For President-Elect

ROBERT J. SHILLER, Sterling Professor of Economics, Cowles Foundation for Research in Economics, Yale University and Yale School of Management

Previous and Past Positions: Assistant Professor, Department of Economics, University of Minnesota, 1972-4; Visitor, National Bureau of Economic Research and Visiting Scholar, Department of Economics, Massachusetts Institute of Technology, 1974-5; Associate Professor, Department of Economics, University of Pennsylvania, 1975-80; Research Associate, National Bureau of Economic Research and Visiting Scholar, Harvard University 1980-81; Visiting Professor, Massachusetts Institute of Technology 1981-2; Professor of Economics, Yale University 1982-

Degrees: B. A. University of Michigan, 1967; S.M. M.I.T. 1968, Ph.D. 1972.

Publications: "A Distributed Lag Estimator Derived from Smoothness Priors," Econometrica, 1973; "Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?" American Economic Review, 1981; "The Determinants of the Variability of Stock Market Prices," (with S. Grossman), American Economic Review, 1981; "Stock Prices and Social Dynamics," Brookings Papers on Economic Activity, 1984; "Cointegration and Tests of Present Value Models," (with J. Campbell), Journal of Political Economy, 1987; "The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors," with (J. Campbell), Review of Financial Studies, 1988; Market Volatility, MIT Press, 1989; "The Efficiency of the Market for Single Family Homes," with (K. Case), American Economic Review, 1989; "Comparing Information in Forecasts from Econometric Models," with (R. Fair), American Economic Review, June 1990; "Popular Attitudes Towards Free Markets: The Soviet Union and the United States Compared," (with M. Boycko and V. Korobov), American Economic Review, 1991; Macro Markets: Creating Institutions for Managing Society’s Largest Economic Risks, Oxford, 1993; "World Income Components: Measuring and Exploiting Risk Sharing Opportunities," with (S, Athanasoulis), American Economic Review, 2001; The New Financial Order: Risk in the21st Century, Princeton, 2003. Animal Spirits, (with G. Akerlof), Princeton, 2009, Finance and the Good Society, Princeton, 2012.

AEA Offices, Committee Memberships and Honors: Program Committee, 1987, Vice President, 2005.

Other Affiliations and Honors: Research Associate, NBER, 1979-; Fellow, Econometric Society 1980-; Organizer of NBER Behavioral Economics workshops 1990- (with R. Thaler); Advisory Panel, Federal Reserve Bank of New York, 1990-2004; Guggenheim Fellowship, 1991; Co-Founder, Case Shiller Weiss, Inc. 1991 (Succeeded by Corelogic/S&P Case-Shiller Home Price Indices); Clarendon Lectures, Oxford University, 1992; Miguel Sidrauski Memorial Lecture, Econometric Society, Mexico City, 1992; Organizer of NBER Behavioral Macroeconomics workshops (with G. Akerlof) 1994-2007; Fellow, American Academy of Arts and Sciences 1994-; Kenneth Arrow Lectures, Stanford University, 2001; Elected member, American Philosophical Society, 2003; Columnist, Project Syndicate, 2003-”; Fellow, American Finance Association, 2006; Deutsche Bank Prize in Financial Economics, 2009; Economic View column, New York Times, 2007-; Chicago Mercantile Exchange-Mathematical Sciences Research Institute (University of California at Berkeley) Award, October 2012; Bharat Ram Memorial Lecture, Delhi, 2012; Princeton Lectures in Finance, 2013; Tinbergen Lecture on Public Policy, Amsterdam, 2013; Nobel Prize in Economic Sciences (shared with E. Fama and L. Hansen), 2013.

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For Vice-Presidents

BEN S. BERNANKE, Distinguished Fellow in Residence, Economic Studies, The Brookings Institution

Previous and Present Positions: Assistant Professor, Stanford Graduate School of Business, 1979-1983; Associate Professor, Stanford Graduate School of Business, 1983-1985; Professor of Economics and Public Affairs, Princeton University, 1985-2002; Member, Federal Reserve Board, 2002-2005; Chairman, Council of Economic Advisers, 2005-2006; Chairman, Federal Reserve Board, 2006-2014

Degrees: Harvard University, B.A. (Economics), 1975; Massachusetts Institute of Technology, Ph.D., 1979

Publications: “Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression,” American Economic Review, 1983; “Employment, Hours, and Earnings in the Depression: An Analysis of Eight Manufacturing Industries,” American Economic Review, 1986; “Financial Fragility and Economic Performance,” (with Mark Gertler), Quarterly Journal of Economics, 1990; “The Federal Funds Rate and the Channels of Monetary Transmission,” (with Alan S. Blinder), American Economic Review, 1992; “Inside the Black Box: The Credit Channel of Monetary Policy Transmission,” (with Mark Gertler), Journal of Economic Perspectives, 1995; “The Macroeconomics of the Great Depression: A Comparative Approach,” Journal of Money, Credit and Banking, 1995; “The Financial Accelerator and the Flight to Quality,” (with Mark Gertler and Simon Gilchrist), Review of Economics & Statistics, 1996; “Nominal Wage Stickiness and Aggregate Supply in the Great Depression,” (with Kevin Carey), Quarterly Journal of Economics, 1996; “Inflation Targeting: A New Framework for Monetary Policy?” (with Frederic S. Mishkin), Journal of Economic Perspectives, 1997; “The Financial Accelerator in a Quantitative Business Cycle Framework,” (with Mark Gertler and Simon Gilchrist), Handbook of Macroeconomics, 1999; “Monetary Policy in a Data-Rich Environment,” (with Jean Boivin), Journal of Monetary Economics, 2003; “Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment,” (with Vincent R. Reinhart and Brian P. Sack), Brookings Papers on Economic Activity, 2004; “Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach,” (with Jean Boivin and Piotr S. Eliasz), Quarterly Journal of Economics, 2005

AEA Offices, Affiliations and Honors: Editor, American Economic Review, 2001-2003

Other Affiliations and Honors: Hoover Institution National Fellow, 1982-1983; Alfred P. Sloan Research Fellow, 1983-1984; Fellow, Econometric Society, 1997-; Guggenheim Fellowship, 1999-2000; Fellow, American Academy of Arts and Sciences, 2001-; Co-editor, NBER Macroeconomics Annual, 1994-2001; Director, NBER Program in Monetary Economics, 2000-2002; Director, Bendheim Center for Finance, Princeton University, 1997-1998; Department Chair, Princeton University, 1996-2002.

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BENGT ROBERT HOLMSTROM, Paul A. Samuelson Professor of Economics, Department of Economics, Massachusetts Institute of Technology.

Previous and Present Positions: Hanken School of Economics, Helsinki; Assistant Professor, 1978-79. Northwestern University: Assistant, Associate Professor 1979-83. Yale University, Professor of Management, 1983-94. MIT; Professor of Economics,1993-.

Degrees: B.S., University of Helsinki, 1972. Mathematics, physics, theoretical physics, statistics; M.Sc., Stanford, 1975, Operations research; Ph.D., Stanford, 1978, Graduate School of Business

Publications: “Moral Hazard and Observability,” Bell Journal of Economics, 1979. “A Theory of Wage Dynamics,” (with Milton Harris), Review of Economic Studies, 1982. “Moral Hazard in Teams,” Bell Journal of Economics, 1982. “Aggregation and Linearity in the Provision of Intertemporal Incentives” (with Paul Milgrom), Econometrica, 1987. “Multi-Task Principal-Agent Problems: Incentive Contracts, Asset Ownership and Job Design” (with Paul Milgrom), Journal of Law, Economics and Organization, 1991. “The Firm as an Incentive System,” (with Paul Milgrom), American Economic Review, 1994. “The Internal Economics of the Firm: Evidence from Personnel Data,” (with George Baker and Michael Gibbs), Quarterly Journal of Economics, 1994. “Financial Intermediation, Loanable Funds and the Real Sector” (with Jean Tirole), Quarterly Journal of Economics, 1997. “Private and Public Supply of Liquidity,” (with Jean Tirole), Journal of Political Economy, 1998. “Managerial Incentive Problems - A Dynamic Perspective,” Review of Economic Studies, 1999. “Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s,” (with Steven N. Kaplan), Journal of Economic Perspectives, 2001. The Nordic Model (with T. Andersen, S. Honkapohja, S. Korkman, H.T. Söderström, J. Vartiainen), 2008. “A Theory of Firm Scope” (with Oliver Hart), Quarterly Journal of Economics, 2010. Inside and Outside Liquidity (with Jean Tirole), MIT Press, 2011.

AEA Offices, Committee Memberships and Honors: Nominating Committee, 2001. Advisory board, Journal of Economic Perspectives.

Other Affiliations and Honors: Fellow, Econometric Society. Fellow, American Academy of Arts and Sciences. Fellow American Finance Association. Elected foreign member, Royal Swedish Academy of Sciences, Finnish Academy of Sciences and Letters. Honorary Doctorates, Stockholm School of Economics, Hanken School of Economics, University of Vaasa. President, Econometric Society 2011. Researh Associate, National Bureau of Economic Research. Executive Committee, Center for Economic Policy Research, 2000. Banque de France-TSE Senior Prize, 2012. Stephen A. Ross Prize in Financial Economics, 2013. CME Group-MSRI Prize in Innovative Quantitative Applications, 2013. Foreign editor, Review of Economic Studies, 1982-85. Associate editor, Journal of Economic Theory, 1983-93. Associate editor, Rand Journal of Economics, 1986-89. Associate editor, Econometrica, 1984-2001. Editorial board, Journal of Law, Economics and Organization, 1989-.

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DAVID ROMER, Herman Royer Professor in Political Economy, University of California, Berkeley

Previous and Present Positions: Royer Professor in Political Economy, University of California, Berkeley, 2000–present; Assistant Professor, Princeton University, 1985–1988; University of California, Berkeley: Acting Associate Professor, 1988–1990, Associate Professor, 1990–1993, Professor, 1993–2000; Senior Resident Scholar, International Monetary Fund, 2009–2010.

Degrees: A.B., Princeton University, 1980; Ph.D., Massachusetts Institute of Technology, 1985.

Publications: “The New Keynesian Economics and the Output-Inflation Trade-off” (with Laurence Ball and N. Gregory Mankiw), Brookings Papers on Economic Activity, 1988; “Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz” (with Christina D. Romer), NBER Macroeconomics Annual, 1989; “Real Rigidities and the Non-Neutrality of Money” (with Laurence Ball), Review of Economic Studies, 1990; “A Contribution to the Empirics of Economic Growth” (with N. Gregory Mankiw and David N. Weil), Quarterly Journal of Economics, 1992; “Openness and Inflation: Theory and Evidence,” Quarterly Journal of Economics, 1993; “Does Trade Cause Growth?” (with Jeffrey A. Frankel), American Economic Review, 1999; “Federal Reserve Information and the Behavior of Interest Rates” (with Christina D. Romer), American Economic Review, 2000; “Keynesian Macroeconomics without the LM Curve,” Journal of Economic Perspectives, 2000; “The Evolution of Economic Understanding and Postwar Stabilization Policy” (with Christina D. Romer), in Rethinking Stabilization Policy (Kansas City: Federal Reserve Bank of Kansas City), 2002; “A New Measure of Monetary Shocks: Derivation and Implications” (with Christina D. Romer), American Economic Review, 2004; “Do Firms Maximize? Evidence from Professional Football,” Journal of Political Economy, 2006; “The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks” (with Christina D. Romer), American Economic Review, 2010; Advanced Macroeconomics, fourth edition, McGraw-Hill, 2012; “The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era” (with Christina D. Romer), AEJ: Economic Policy, forthcoming.

Offices, Committee Memberships and Honors: Executive Committee, 2007–2010; Board of Editors, American Economic Review, 1996–2002; Board of Editors, AEJ: Macroeconomics, 2007–2013; Board of Editors, AEJ: Economic Policy, 2014–present.

Other Affiliations and Honors: Director (with Christina Romer), Monetary Economics program, National Bureau of Economic Research, 2003–present; Fellow, American Academy of Arts and Sciences, elected 2006; editor (with Justin Wolfers), Brookings Papers on Economic Activity, 2009–present; National Bureau of Economic Research: Faculty Research Fellow, 1986–1993, Research Associate, 1993–present; Henry George Lecturer, University of Scranton, 2007; Alfred P. Sloan Foundation Research Fellowship, 1991–1993.

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CECILIA ELENA ROUSE, Dean of Woodrow Wilson School and Professor of Economics and Public Affairs, Princeton University

Previous and Present Positions: Princeton University: Dean, Woodrow Wilson School of Public and International Affairs (2012-present), Lawrence and Shirley Katzman and Lewis and Anna Ernst Professor in the Economics of Education (2011-present), Theodore A. Wells ‘29 Professor of Economics and Public Affairs (2006-2011), Professor of Economics and Public Affairs (2001-present), Associate Professor of Economics and Public Affairs (1998-2001), Assistant Professor of Economics and Public Affairs (1992-1998). Member, President’s Council of Economic Advisers (2009-2011). Special Assistant to the President of the United States, National Economic Council (1998-1999)

Degrees: A.B. Magna Cum Laude in Economics, Harvard College (1986); Ph.D. in Economics, Harvard University (1992)

Publications: “Paying for Performance: The Education Impacts of a Community College Scholarship Program for Low-income Adults,” (with Lisa Barrow, Lashawn Richburg-Hayes, and Thomas Brock), Journal of Labor Economics, forthcoming July 2014; “Feeling the Florida Heat? How Low-Performing Schools Respond to Voucher and Accountability Pressure” (with Jane Hannaway, Dan Goldhaber, and David Figlio), AEJ: Economic Policy, 2013; “Constrained After College: Student Loans and Early Career Occupational Choices” (with Jesse Rothstein), Journal of Public Economics, 2011; “The Impact of Hurricane Katrina on the Mental and Physical Health of Low-Income Parents in New Orleans” (with Jean Rhodes, Christian Chan, Christina Paxson, Mary Waters, and Elizabeth Fussell), American Journal of Orthopsychiatry, 2010; “School Vouchers and Students Achievement: Recent Evidence, Remaining Questions” (with Lisa Barrow), Annual Review of Economics, 2009; “Technology’s Edge: The Educational Benefits of Computer-Aided Instruction” (with Lisa Barrow and Lisa Markman), AEJ: Economic Policy, 2009; “School Vouchers: Recent Findings and Unanswered Questions” (with Lisa Barrow), Economic Perspectives, 2008; “Inadequate Education: Consequences for the Labor Market” in The Price We Pay: Economic and Social Consequences of Inadequate Education, 2007; “Do Accountability and Voucher Threats Improve Low-performing Schools?” (with David Figlio), Journal of Public Economics, 2006; “Using Market Valuation to Assess Public School Spending,” (with Lisa Barrow), Journal of Public Economics, 2004; “Putting Computerized Instruction to the Test: A Randomized Evaluation of a ‘Scientifically-based’ Reading Program,” (with Alan Krueger and Lisa Markman), Economics of Education Review, 2004; “Orchestrating Impartiality: The Impact of Blind Auditions on Female Musicians,” (with Claudia Goldin), American Economic Review, 2000; “Private School Vouchers and Student Achievement: An Evaluation of the Milwaukee Parental Choice Program,” Quarterly Journal of Economics, 1998; “Income, Schooling, and Ability: Evidence from a New Sample of Identical Twins,” (with Orley Ashenfelter) Quarterly Journal of Economics, 1998; “Labor Market Returns to Two- and Four-year College,” (with Thomas Kane) American Economic Review, 1995.

AEA Offices, Committee Memberships, and Honors: Chair of the Committee on the Status of Minority Groups in the Economics Profession, American Economic Association (2006-2008; 2012-present); member (2000-2002); AEJ: Economic Policy, Editorial Board (2012-present)

Other Affiliations and Honors: Member, National Academy of Education (2010-present); Research Associate in the National Bureau of Economic Research’s Labor Studies Program (1998-2009, 2011-present); Minnesota Award for “Orchestrating Impartiality: The Impact of Blind Auditions on Female Musicians” University of Minnesota (Fall 2002); Spencer Foundation Post-Doctoral Fellow (1994-1996); Visiting Scholar, Russell Sage Foundation (1994-1995); Future of Children, Senior editor (2004-present); Journal of Labor Economics, Co-editor (2003-2009); “Community Colleges and the Economy,” Keynote Address at the Regional Economic Summit at Manchester Community College, CT, January 2012.; “Economic Policymaking During the Great Recession: A Perspective from the President’s Council of Economic Advisers,” The Goldman Lecture, Wellesley College, MA, March 2011.

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For Executive Committee

DAVID H. AUTOR, Professor of Economics, MIT Department of Economics

Previous and Present Positions: Assistant Professor, 1999-02, Pentti J.K. Kouri Career Development Assistant and Associate Professor, 2003-05, Associate Professor with tenure 2005-08, Professor 2008-present, Associate Department Head, 2010-13 MIT; Visiting Scholar, Princeton University and University of California, Berkeley, 2001-02; Visiting Associate Professor, Chicago Booth School and Chicago Economics, 2006-07; Visiting Professor of Economics, Harvard University, Faculty Research Associate, NBER; Visiting Professor of Economics, 2013–14, Harvard University; Co-Director, MIT School Effectiveness and Inequality Initiative (SEII), 2011-present; Associate Director, NBER Disability Research Center, 2012-present.

Degrees: Ph.D., Public Policy, Harvard University, 1999; M.A., Public Policy, Harvard University, 1994; B.A., Psychology, Tufts University, 1989.

Publications: “Computing Inequality: Have Computers Changed the Labor Market?” Quarterly Journal of Economics, 1998 (with L. Katz and A. Krueger); “Why Do Temporary Help Firms Provide Free General Skills Training?” Quarterly Journal of Economics, 2001; “The Rise in the Disability Rolls and the Decline in Unemployment.” Quarterly Journal of Economics, 2003 (with M. Duggan); “The Skill Content of Recent Technological Change: An Empirical Exploration.” Quarterly Journal of Economics, 2003 (with R. Murnane and F. Levy); “Women War and Wages: The Impact of Female Labor Supply on the Wage Structure at Mid-Century.” Journal of Political Economy, 2004 (with D. Acemoglu and D. Lyle). “Trends in U.S. Wage Inequality: Re‑Assessing the Revisionists,” Review of Economics and Statistics, 2008 (with L. Katz and M. Kearney); “Does Job Testing Harm Minority Workers? Evidence from Retail Establishments,” Quarterly Journal of Economics, 2008 (with D. Scarborough); “Skills, Tasks and Technologies: Implications for Employment and Earnings,” Handbook of Labor Economics, 2011, (with D. Acemoglu); “The Growth of Low Skill Service Jobs and the Polarization of the U.S. Labor Market,” American Economic Review, 2013 (with D. Dorn); “The China Syndrome: Local Labor Effects of Import Competition in the United States,” American Economic Review, 2013 (with D. Dorn and G. Hanson); “Skills, Education and the Rise of Earnings Inequality among the ‘Other 99 Percent,” Science, 2014; “Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge, Massachusetts,” Journal of Political Economy, forthcoming (with C. Palmer and P. Pathak).

AEA Offices, Committee Memberships, and Honors: Board of Editors, Journal of Economic Literature, 2004-06; Program Committee Member, AEA Annual Meeting, 2006; Representative to Census Advisory Committee, 2007-08; Board of Editors, AEJ: Applied Economics, 2007-08; AEA Standing Committee on Oversight and Operation (SCOOP) member, 2009-11; Editor in Chief, Journal of Economic Perspectives, 2009-14.

Other Affiliations and Honors: Faculty Research Fellow, 1999, and Associate 2006, National Bureau of Economic Research (Labor Studies and Aging Programs); Eligible Fellow, Center for Advanced Study in the Behavioral Sciences, 2002; Alfred P. Sloan Fellowship, 2003-05; National Science Foundation CAREER Award, 2003; MIT Undergraduate Economics Association Teaching Award, 2005; John T. Dunlop Outstanding Scholar Award, 2006; Sherwin Rosen Prize for Outstanding Contributions in the Field of Labor Economics, 2008; Hermann Otto Hirschfeld Lectures, Humboldt University, 2009; Fellow, Society of Labor Economists, 2009; Member, American Academy of Arts and Sciences, 2012; James A. and Ruth Levitan Award for Excellence in Teaching, MIT, 2013; Al Rees Lecture, Society of Labor Economists, 2013; Research Affiliate, Abdul Latif Jameel Poverty Action Lab, 2013; Executive Committee Member, Society of Labor Economists, 2014-present; Economic Journal Lecture, Royal Economic Society, 2014.

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CHARLES I. JONES, STANCO 25 Professor of Economics, Graduate School of Business, Stanford University

Previous and Present Positions: Assistant Professor, Department of Economics, Stanford University, 1993 - 2001; Associate Professor, 2001 - 2004 and Professor 2004 – 2009, Department of Economics, U.C. Berkeley; Visiting Professor of Economics, 2008 and Professor of Economics 2009- present, Graduate School of Business, Stanford University.

Degrees: A.B., Harvard University, 1989; Ph.D., Massachusetts Institute of Technology, 1993.

Publications: "Time Series Tests of Endogenous Growth Models" Quarterly Journal of Economics, 1995; "R&D-Based Models of Economic Growth" Journal of Political Economy, 1995; "Comparing Apples to Oranges: Productivity Convergence and Measurement Across Industries and Countries" (with Andrew Bernard), American Economic Review, 1996; "Measuring the Social Return to R&D" (with John Williams), Quarterly Journal of Economics, 1998; "Why Do Some Countries Produce So Much More Output per Worker than Others?" (with Robert E. Hall), Quarterly Journal of Economics, 1999; "Growth: With or Without Scale Effects?" American Economic Review Papers and Proceedings, 1999; "Sources of U.S. Economic Growth in a World of Ideas" American Economic Review, 2002; "Growth and Ideas" in P. Aghion and S. Durlauf (eds.) Handbook of Economic Growth, 2005; "The Shape of Production Functions and the Direction of Technical Change" Quarterly Journal of Economics, 2005; "The Value of Life and the Rise in Health Spending" (with Robert E. Hall), Quarterly Journal of Economics, 2007; "A New Proof of Uzawa's Steady-State Growth Theorem" (with Dean Scrimgeour), Review of Economics and Statistics, 2008; "The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital" (with Paul Romer) AEJ: Macroeconomics, 2010; "Intermediate Goods and Weak Links in the Theory of Economic Development" AEJ: Macroeconomics, 2011; "Misallocation, Input-Output Economics, and Economic Growth" in D. Acemoglu, M. Arellano, and E. Dekel, Advances in Economics and Econometrics, Tenth World Congress, Volume II, 2013.

AEA Offices, Committee Membership and Honors: AEA Program Committee, 2015; Associate Editor, AEJ: Macroeconomics, 2007 - present; Co-editor, Journal of Economic Perspectives, 2009 – 2011; Search Committee for Editor of AEJ: Macroeconomics, 2011.

Other Affiliations and Honors: Research Associate, NBER, May 2002 – present; Faculty Research Fellow, NBER, 1997 – 2002; Associate Editor, Quarterly Journal of Economics, 1999 - present; Associate Editor, Journal of Economic Growth, 1998 - present; Co-organizer of NBER Economic Fluctuations and Growth small group on economic growth 1996 – present; Co-editor, The B.E. Journals in Macroeconomics, 2000 – 2006; John M. Olin Foundation Faculty Fellow, 2000 – 2001; Alfred P. Sloan Foundation Research Fellow, 1999 – 2001; National Fellow, Hoover Institution, 1996 – 1997.

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RACHEL E. KRANTON, James B. Duke Professor of Economics, Duke University.

Previous and Present Positions: Assistant Professor of Economics, 1994-2001, University of Maryland. Visiting Scholar, 1997-98, Russell Sage Foundation. Member School of Social Science, 2001-2002, Institute for Advanced Study. Visiting Associate Professor of Economics, 2002-2003, Princeton University. Associate Professor of Economics, 2002-2004, University of Maryland. Professor of Economics, 2004-2008, University of Maryland. Professor of Economics, 2007-2012, Duke University. Chaire Blaise Pascal, 2011-2012, Paris School of Economics. James B. Duke Professor of Economics, 2012–present, Duke University.

Degrees: B.A. University of Pennsylvania, 1984. M.P.A. Princeton University, 1988. Ph.D. University of California Berkeley, 1993.

Publications: “Strategic Interaction and Networks” (with Yann Bramoullé, Martin D’amours), American Economic Review, 2014. Identity Economics (with George Akerlof), Princeton University Press, 2010. “Contracts, Hold-Up, and Exports: Textiles and Opium in Colonial India” (with Anand Swamy), American Economic Review, 2008. “Public Goods in Networks” (with Yann Bramoullé), Journal of Economic Theory, 2007. “Risk-Sharing in Networks” (with Yann Bramoullé), Journal of Economic Behavior and Organization, 2007. “Identity and the Economics of Organizations” (with George Akerlof), Journal of Economic Perspectives, 2005. "Competition and the Incentive to Produce High Quality,” Economica, 2003. “Identity and Schooling: Some Lessons for the Economics of Education” (with George Akerlof), Journal of Economic Literature, 2002. "A Theory of Buyer-Seller Networks" (with Deborah Minehart), American Economic Review, 2001. “Economics and Identity” (with George Akerlof), Quarterly Journal of Economics, 2000. "Networks versus Vertical Integration” (with Deborah Minehart), RAND Journal of Economics, 2000. "The Hazards of Piecemeal Reform: British Civil Courts and the Credit Market in Colonial India" (with Anand Swamy), Journal of Development Economics, 1999. The Formation of Cooperative Relationships," Journal of Law, Economics, & Organization, 1996. "Reciprocal Exchange: A Self-Sustaining System," American Economic Review, 1996.

AEA Offices, Committee Memberships and Honors: Associate Editor, Journal of Economic Literature, 2013-present. Associate Editor, Journal of Economic Perspectives, 2007-2010. Program Committee AEA Annual Meetings, 2008. Editorial Board, American Economic Review, 2001-2007.

Other Affiliations and Honors: Fellow, Econometric Society. Chaire Blaise Pascal 2011-2012. Canadian Institute for Advanced Research (CIFAR). Wellington-Burnham Lecture, Tufts University, 2014.

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FIONA SCOTT MORTON, Theodore D. Nierenberg Professor of Economics, Yale School of Management

Previous and Present Positions: Assistant Professor of Strategic Management, Graduate School of Business Stanford University, 1994-1997; Assistant Professor of Economics and Strategy, Graduate School of Business University of Chicago, 1997-1999; Associate Professor of Economics, Yale School of Management, 1999-2002; Professor of Economics, Yale School of Management, 2002-present; Adam Smith Visiting Fellow, Department of Economics University of Edinburgh, 2006-2006; Senior Associate Dean for Faculty Development, Yale School of Management, 2006-2010; Deputy Assistant Attorney General for Economic Analysis, Antitrust Division, US Department of Justice, 2011-2012.

Degrees: B.A. 1989, Yale University; PhD, Massachusetts Institute of Technology, 1994

Publications: “The strategic response by pharmaceutical firms to the Medicaid most-favored-customer rules” The RAND Journal of Economics 1997; “Entry and Predation: British Shipping Cartels 1879-1929,” Journal of Economics & Management Strategy, 1997; “Misclassification of the dependent variable in a discrete-response setting (with J. Hausman and J. Abrevaya) Journal of Econometrics, 1998; Entry decisions in the generic pharmaceutical industry The RAND Journal of Economics, 1999.Love or Money? The Effects of Owner Motivation in the California Wine Industry (with J. Podolny) The Journal of Industrial Economics, 2002; Behavioral Biases Meet the Market: The Case of Magazine Subscription Prices (with S. Oster) Berkeley Electronic Press: Advances in Economic Analysis & Policy, 2005; The Distortionary Effects of Government Procurement: Evidence from Medicaid Prescription Drug Purchasing (with M. Duggan) The Quarterly Journal of Economics, 2006; “How the Internet Lowers Prices: Evidence from Matched Survey and Auto Transaction Data (with F. Zettelmeyer and J. Silva-Risso) Journal of Marketing Research, 2006; “State Casket Sales Restrictions: a Pointless Undertaking?” (with J. Chevalier) The Journal of Law and Economics, 2008; “The Effect of the Medicare Drug Benefit on Pharmaceutical Prices and Utilization” (with M. Duggan) American Economic Review; “State Franchise Laws, Dealer Terminations, and the Auto Crisis” (with F. Lafontaine) Journal of Economic Perspectives, 2010; “Pharmaceutical Markets” (with M. Kyle) Handbook of Health Economics, 2011; “Hospitals, Market Share, and Consolidation: How Should Policy React?” (with D. Cutler) Journal of the American Medical Association, 2013; “Strategic Patent Portfolio Acquisitions: an Economic Analysis” (with C. Shapiro) Antitrust Law Journal, 2014.

AEA Offices, Committee Memberships and Honors: Committee on the Status of Women in the Economics Profession, 2007-2009; Journal of Economic Perspectives, Associate Editor, 2007-2010; Program Committee, American Economic Association Meetings, 2010; American Economic Review, Board of Editors, 2011-2013.

Other Affiliations and Honors: Faculty Research Fellow and Research Associate, National Bureau of Economics Research, 1994-; Visiting Professor, University of Edinburgh Economics Department, 2008-; Yale School of Management Alumni Association Teaching Award, 2007; Green Award, Journal of Marketing Research, 2007; Health Care Research Award, National Institute for Health Care Management, 2011; Review of Industrial Organization, Editorial Board, 2002-2004; The Journal of Industrial Economics, Associate Editor, 2003-2006; International Journal of Industrial Organization, Co-Editor, 2005-2008; BE Journal of Economics Analysis and Policy, Editor, 2006-2010; National Science Foundation Research Grants, 1998, 2001, 2005, 2008.

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Contents of Current Issues

Summer 2014 JEP

July 2014 AEJ: Applied

July 2014 AEJ: Macro

July 2014 AER

June 2014 JEL

May 2014 AEJ: Policy

May 2014 AEJ: Micro

Virtual Field Journals

In the News:

University of Chicago economics professor, Matthew Gentzkow, who is the AEA's 2014 John Bates Clark Medal recipient, discusses the future of economics, the state of the media ecosphere, and virtues of "data hustle" in this interview from Quartz.

A recent article in The Economist examines higher education endowments and university behaviors including new research presented in a paper from the latest edition of the American Economic Review.

"For economists, the tradition of keeping mum—at least as a national organization—is long and proud. 'The association as such will take no partisan attitude, nor will it commit its members to any position on practical economic questions,' the economic association states on its website. Those policies, says its president, William D. Nordhaus, a professor at Yale University, by email, 'have served it well through hot and cold wars.'"

"Not only do economists vary widely in their opinions of economic policy, he notes, but many have participated in helping shape such policies. Putting forth statements on political issues would be 'unnecessary, polarizing, controversy-stoking, and a distraction from the real and important work of economic research and education,' he says. (Mr. Nordhaus was, of course, speaking for himself and not the association.)"

Read the whole story in the The Chronicle of Higher Education (subscribers only).

From ASSA 2014: The Wall Street Journal reports on the AEA's CSWEP committee's efforts in mentoring early-career female economists and the program's expanding influence on similar programs being developed overseas. Read the full article here.

The Chronicle of Higher Education just published "Cool Head on Global Warming," an in-depth look at the new book by 2014 AEA President, William Nordhaus entitled, "The Climate Casino: Risk, Uncertainty and Economics for a Warming World" (Yale University Press).

The Atlantic Cities provides a thorough examination of Clifford Winston's (Brooking Institution) research, "On The Performance of the U.S. Transportation System: Caution Ahead," from the latest edition of the Journal of Economic Literature (JEL).

Upcoming research by Yang Wang, a health economist at Lafayette College, indicates that some smokers believe age, race, and parental longevity influence their life expectancy more than smoking does. Access the news brief here, or the forthcoming article from the American Economic Journal: Applied Economics.

AEA in News Archive

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