Above: Congratulations to Zack Devlin-Foltz `08, awarded the Thomas J. Watson Fellowship this year.
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Department News
- Congratulations to Keaton White`09,
Keaton has received a Fulbright Scholarship to Japan to study consumer preferences and country-of-origin bias (an extension of his honors thesis). He will be traveling to Tokyo in September for a few days and then moving on to a Japanese university to pursue his research for one year. The purpose of the grant is to allow the recipient to conduct an independent study and to learn as much as possible about the Japanese culture in order to “contribute to promoting better Japan-US understanding”.
- Congratulations to Tara Hottman`09 has been awarded a highly competitive study scholarship from the German Academic Exchange Service (DAAD). The scholarship is available to graduating seniors in all fields and supports a year of independent study at a German university.
- Vasant Sukhatme has entered the College's phased retirement program beginning with the 2009-10 school year. His plans for the next several years are to spend one semester in residence at Macalester teaching one or two courses, and the other semester abroad in India or in China.For the upcoming year, he will be a visiting professor during the fall semester at the International School of Business and Media in Kolkata, India, teaching an MBA course. He will be back at Macalester in Spring 2010 when he will teach his course on Adam Smith and Karl Marx.
- Joyce Minor `88, Karl Egge Professorship. Joyce will return in the Economics Department teaching once again a course this fall, Introduction to Investment Banking and also Business Communications. In spring 2010, Internship Seminar and also Applied Economics with Karl Egge and Paul Aslanian. She graduated from Macalester in 1988 and worked at Piper Jaffray until 1990 and earned her M.B.A. from Harvard Business School in 1993. She has worked at several other companies including her last position at Lehman Brothers in New York as a Senior Vice President, Equity Research.
- Professor Raymond Robertson was promoted to the rank of Professor.
- A paper by Professor Keith Gilsdorf and Professor Vasant Sukhatme entitled "Testing Rosen's Sequential Elimination Tournament Model: Incentives and Player Performance in Professional Tennnis," was published in the Journal of Sports Economics in June 2008. Gilsdorf is a professor at Augsburg College; he and Sukhatme are long time collaborators. A companion piece, on women's tennis, entitled "Tournament Incentives and Match Outcomes in Women's Professional Tennis," was published in Applied Economics in November 2007. Previous versions of the two papers had been presented at professional meetings in Denver, CO, and Washington, D.C.
- The Macalester College Economics Department has recently
been ranked seventh among top liberal arts colleges based on the
research produced by its faculty! To see the rankings report, compiled
under the direction of Claremont McKenna economics professor Marc
Weidenmier, visit the CMC website at http://econ.claremontmckenna.edu/rankings.pdf.
- Welcome Amy Damon, recently hired by the Economics Department. Amy received her PhD in Applied Economics at the University of Minnesota summer 2008. Her research interests include investigating the impacts of international migration from Central America to the United States and the impact that this migration process has on families living in Central America. She will teach principles of economics and the economics of global food problems.
- Professor Liang Ding's paper, "Market Structure and Dealers: Quoting Behavior In the Foreign Exchange Market" has been accepted for publication at Journal of International Financial Markets, Institutions & Money. This paper was extended from one chapter of his dissertation and got accepted in his first year of being a Macalester Faculty.
- Professor Vasant Sukhatme's paper, co-authored with David Abler ’82, “The ‘Efficient but Poor’ Hypothesis” is forthcoming in the Fall 2006 issue of the journal Review of Agricultural Economics. An earlier version of the paper had been presented in Boston in early 2006 at an invited paper session at the Allied Social Science Associations annual meeting. The American Agricultural Economics Association sponsored the session in Boston in memory of Theodore W. Schultz. David Abler ’82 is a professor in the Department of Agricultural Economics and Rural Sociology at Pennsylvania State University. T. W. Schultz, Nobel laureate and long time professor of economics at the University of Chicago, had served on the dissertation committees of both Sukhatme and Abler.
- Vasant Sukhatme’s paper, jointly with Keith Gilsdorf of Augsburg College, entitled “Tournament Incentives and Match Outcomes in Women’s Professional Tennis” has been accepted for publication in the journal Applied Economics.
- In May, the Macalester Chapter of Omicron Delta Epsilon, the Economics
Honors Society, with the Bureau of Economic Studies, published the
twentieth volume of the Macalester Journal of Economics. This is
a student edited journal reporting the results of research undertaken
by students in the 2008-2009 academic year. 2009's editors included
Colin Hottman '09 and Tara Hottman '09.
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