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December 19, 2023 | News

The 2023 Economics Magazine Celebrates a Remarkable Year for the Department

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Read the full Department of Economics 2023 Annual Magazine Here.

The Department of Economics is excited to release its 2023 Annual Magazine, a look back at a year of impactful research, teaching, awards, and more. 2023 marked a new era for Yale Economics, and this year's Magazine celebrates a remarkable year for the Department. In the past year, we've moved into a new building, recruited new faculty, launched a new research center, set milestones in research and teaching, and hosted leading economists from around the world.

In April, we welcomed Treasury Secretary Janet Yellen (PhD ’71) back to campus for an all-day event. Meeting with Tobin Center leaders, senior public officials, economics faculty, and capping the day with a Fireside Chat with Yale President Peter Salovey, the Secretary engaged in rich conversations about research and policymaking at Yale and beyond.

The Department’s academic programs also continue to thrive. Economics remains the largest major at Yale, with over 300 seniors majoring either in Economics or one of its joint majors, and this fall all three of Yale College’s most popular courses were offered by the Department. In addition, our PhD program continues to attract the best students from around the world, now with 138 students in residence.

The Department has an unparalleled environment for teaching and research across all subfields of economics at Yale, with many important contributions from its three major affiliated research centers—the Cowles Foundation for Research in Economics, the Economic Growth Center (EGC), and the Tobin Center for Economic Policy—as well as the newly-created Center for Algorithms, Data, and Market Design at Yale (CADMY). From theory to international development to domestic policy, each of these centers makes important and unique contributions to the Department, and each director provides an update in the Magazine.

The Magazine opens with a letter from Department Chair Tony Smith, and features:

  • The Department's new faculty, as well as an interview with retiring senior faculty member Naomi Lamoreaux;
  • Research and policy updates from the Department's three major research centers;
  • Feature research stories from Department faculty members, including:
    • John Eric Humphries and Winnie van Dijk on the economics of eviction;
    • Eduardo Dávila on welfare and the macroeconomy; and
    • Nicholas Ryan on environmental regulation in emerging markets.
  • Letters from our Director of Graduate Studies and Director of Undergraduate Studies;
  • An impressive array of faculty awards and talks from the past year; and
  • An update from our Predoc Program, which has now onboarded over 100 predocs who have supported 60+ faculty members.

Read the full Department of Economics 2023 Annual Magazine Here.

The 2023 Magazine was produced and edited by Luke Strathmann and Henri Cornec, with special thanks to Shannon Bradford, Anna Groesser, Michelle Hahn, Brittany Ladd, Greg Larson, Vestal McIntyre, Eliza McKenney, Pam O’Donnell, Dorothy Ovelar, Shannon Preston, Emily Radel, Aishwarya Lakshmi Ratan, Dave Wilkinson, and all the faculty who helped contribute to this Magazine. The Magazine was designed by Pure Design LLC, and features artwork by Vashon, WA based artist Sean Williams.