Economics in Action

Recent articles, publications, and news items featuring Econ Department faculty, students, alumni, and staff.

Effective April 30, Sue King, the department's long serving manager, retires. Nicole Daneshvar is stepping into the new role of Chief Administrative Officer. To celebrate Sue's unwavering support for the Economics Department over 13 years and her outstanding managerial skills, faculty and staff got together on April 18 and shared memories with Sue. A line-up of faculty and the department's current and former chairs, who Sue worked with during her tenure at the department, recognized in their remarks Sue' commitment to the staff, professors, and lecturers, her even-keeled style and commitment to fairness, and her foresight in preparing for her succession. The department wishes Sue fair winds and following seas as she embarks on further journeys.

How India Could Become an Asian Tiger
The Economist features Karthik Muralidharan of Economics and his new book “Accelerating India’s Development.” Muralidharan’s book argues that a central barrier to India’s development is ineffective governance, and that “changes to personnel, data and federalism would together represent the beginnings of a reform package that could do wonders for India’s governance, and therefore its growth.”

Focus on South Asia
The South Asia Initiative is gaining a new annual forum, made possible by an endowment fund established by Jacobs School of Engineering professor Mohan Trivedi and family. “Our family has participated in and enjoyed various events organized by the South Asia Initiative,” Trivedi told UC San Diego Today. “We are delighted to offer the Gulistan South Asia Endowment Fund as a token of our deep appreciation for the UC San Diego community.” Prashant Bharadwaj of Economics and Saiba Varma of Anthropology are the co-directors of the new forum and steering committee members of the South Asia Initiative. Speaking to the forum’s significance, Varma said: “It will bring speakers of international stature to campus, support greater understanding of the South Asia region from diverse perspectives, and anchor the minor on South Asian Studies.”

 Is the Port of San Diego on the Right Track with Its New Master Plan?
James Hamilton of Economics is supportive of San Diego’s plan to create new parks, restaurants, hotels and shops on the waterfront. “We should embrace a vision of a more economically vibrant waterfront while protecting critical natural wetlands. The plan will help bring more tourists and tax revenue to the city,” Hamilton told the San Diego Union-Tribune as part of their Econometer panel. Hamilton also contributed to the expert panels on San Diego’s $4.5 million trash study, Biden’s tax increase proposals, and whether people will continue to move out of San Diego County.

Adapting to Growing Wildfire Property Risk
“With tens of millions of US homes now confronting a growing risk of destruction by wildfires, adaptation is an urgent policy and research challenge,” Judson Boomhower of Economics writes in a Science “Policy Forum'' piece. Featured in the magazine’s ScienceAdviser newsletter, Boomhower’s research explores how protections against wildfires can be more cost-effective and equitable. Boomhower also appears in this UC San Diego Magazine “Economies of Wildfire” story.

What Would It Take to End Extreme Poverty?
“We could end extreme poverty at a price so low that none of us would notice the difference,” said Paul Niehaus of Economics in a TEDx Boston talk about the effectiveness of giving money to people in poverty directly.

Economic Report of the President 2024
Juan Herreño of Economics was among the UC San Diego scholars whose work was cited in the 2024 Economic Report of the President. 

Vox's 2023 Future Perfect list - Paul Niehaus is changing how we think about fighting global poverty
Paul Niehaus a Professor of the Department of Economics at UC San Diego was added to Vox's 2023 Future Perfect list - of 50 "thinkers, activists, and scholars working on solutions to today’s (and tomorrow’s) biggest problems."

Honolulu Burn Unit Put to the Test by Fires on Maui
David C. Cho, an Economics alumnus of UC San Diego ’97 and an MD UC San Diego ’03, is a plastic surgeon working for the burn unit at Straub Medical Center in Honolulu who played a significant role in aiding numerous patients as a result of the Maui wildfire. 

Research Growth Tops $1.76B With Tremendous Portfolio of Discovery and Invention
Karthik Muralidharan of the Department of Economics and his team contributed to UC San Diego's ambitious research portfolio with a grant to generate evidence-based methods to improve education outcomes at scale in India.

Industrial Disasters May Cause Higher Rates of Disability and Cancer for Future Generations
The Bhopal gas tragedy in India may have had a greater area of impact than previously believed – and a much longer time horizon. A study co-authored by Prashant Bharadwaj of Economics shows effects up to 62 miles away from one of the world’s worst industrial disasters and multi-generational health impacts. The study was covered by NPR, Salon, Forbes and others.

It Will Cost Up to $21.5 Billion to Clean Up California’s Oil Sites. The Industry Won’t Make Enough Money to Pay For It. 
According to a recent Carbon Tracker study, ProPublica reports, “the cost of cleaning up California's onshore oil and gas industry will be triple the industry’s projected profits.” While there are inherent uncertainties in estimating future oil revenues, said Judson Boomhower of Economics, the report’s estimates for environmental liabilities track with his own research. “It’s a state in the twilight of its production period, and that means big liabilities,” he said, adding that now is the time for regulators to prevent companies from off-loading their wells to “thinly capitalized firms” that cannot manage the clean-up. The investigative story was picked up by Popular Science, among many other outlets. 

Serious Business: Expanding the Talent Pool for a More Inclusive Economy
The Department of Economics and the Rady School of Management have recently formed the Business and Economics Mentoring Program, which provides students with access to academic support, peer-to-peer mentoring, research opportunities and more. The program’s goal is to expand the diversity of students in the Business Economics major that was launched in 2021. The story includes the perspectives of student mentor Andrea Lai, mentee Grace Njuguna and participating Economics faculty member Emanuel Vespa, as well as Julie Cullen, then chair of the Economics Department. 

Car Talk
The world has 1.4 billion passenger vehicles. That’s not planes or trains, buses, trucks or even motorbikes. It’s automobiles. And while today’s gas-powered cars are cleaner than they were decades ago, they still produce a tremendous amount of air pollution. Will zero-emission electric vehicles save the day? “Maybe,” says Mark Jacobsen of Economics “but we’re years away from a fully electric fleet.” In the meantime, Jacobsen is working on ways to drive the most polluting cars off the roads – equitably.

NSF CAREER Award
Congratulations to Sara Lowes of Economics on being selected for the National Science Foundation’s most prestigious award for junior faculty. Lowes' CAREER grant will support four projects on one theme – that “insights from anthropology, culture and local context can help explain differences in development policy success across countries.”

An Update on Housing Inflation in the Consumer Price Index
The White House Council of Economic Advisors cited two papers on housing demand by Johannes Wieland of Economics.

Can $4,000 Lift a Family Out of Poverty? New San Diego County Program Aims to Find Out
A federally funded San Diego County program operated by Jewish Family Service of San Diego will give a direct cash payment of $4,000 to 2,250 low-income San Diegans and no payment to another similar group. Researchers will then study the two groups and see how their financial pictures evolve over time. Jeffrey Clemens of Economics told the San Diego Union-Tribune that he’s excited to learn of the local program as it presents a valuable learning opportunity. Pointing to Give Directly, a research and charity nonprofit co-founded by fellow UC San Diego economist Paul Niehaus, Clemens said that while the effect of cash transfers in lower-income countries has been studied and the results are promising, less is known about what happens in a higher income country like the United States. Separately, Clemens spoke with CNN and others about the possible economic fallout of the debt ceiling fight.

How the Migration of Southern Whites in the 20th Century Shaped America’s Landscape
NPR’s Michel Martin speaks to Samuel Bazzi of Economics and the School of Global Policy and Strategy about the lasting cultural and political impact of the northward movement of white Southerners in the early 20th century.

Stiff EPA Emission Limits to Boost US Electric Vehicle Sales 
Environmental economist Mark Jacobsen spoke with KPBS about the Biden administration proposing strict new automobile pollution limits that would require up to two-thirds of new vehicles sold in the U.S. to be electric by 2032, a nearly tenfold increase over current electric vehicle sales. Jacobsen said that the effects of this new proposal could greatly reduce the effects of climate change, especially if the country’s electric grid is also decarbonized. It’ll also improve the health of communities across the United States and in San Diego.”

Economic Report of the President 2023
Judson Boomhower and Valerie Ramey of Economics, as well as jointly appointed faculty Alexander Gelber, Joshua Graff Zivin and Allan Timmermann were among the UC San Diego scholars whose work was cited in the 2023 Economic Report of the President. 

Two Transformative Campus Projects Get the Green Light 
The UC Board of Regents approved two key campus projects during the March meeting: Triton Center, a new integrated central hub for student support, and Ridge Walk North Living and Learning Neighborhood, which will include a new building for the Department of Economics. Construction on both projects is anticipated to start this summer. 

Here’s How San Diego County Spent $1.4 Billion in COVID-19 Aid, and What It Could Mean for the Future
Jeffrey Clemens of Economics weighs in, in the Union-Tribune, with analysis of U.S. Treasury data on COVID-19 aid to state and local governments that he compiled and studied.

Helping the ‘Unbanked’
As California mulls entering the banking business to serve disadvantaged consumers, KPBS sought out the expertise of economist James Hamilton. "Where a public bank gets its money to lend and how transparent it is will be important," Hamilton said. "A public banking system could mask lending practices that deserve public oversight."

2 College Friends Created Energy Gum and Mints That Got The Attention of Kevin O'Leary and Robert Herjavec on 'Shark Tank.
Alumni and friends Kent Yoshimura (Cognitive Science) and Ryan Chen (Economics and Chemistry) came up with the idea of making caffeinated gum in 2013 and co-founded Neuro in 2015. In 2020, they appeared on "Shark Tank" and gained the support of two sharks that helped them grow their business, Business Insider reports. Yoshimura, 34, and Chen, 33, met at UC San Diego. There’s also a campus profile about the pair. 

America’s Other Great Migration
The Economist reports on research co-authored by economist Samuel Bazzi of the School of Global Policy and Strategy and the Department of Economics, showing how white migrants from America’s South between 1900 and 1940 turned politics rightwards in the areas where they migrated.

Are Companies More Likely to Fire Older Workers in Mass Layoffs?
A Marketplace report on whether older workers are more vulnerable during times of economic uncertainty includes research co-authored by  Gordon Dahl of Economics – a working paper from the National Bureau of Economic Research that looks at age-discrimination charges filed with the Equal Employment Opportunity Commission between 2005 and 2015. Dahl and his co-author find that not only does the number of cases filed go up in a poor economy but also, importantly, the number of meritorious cases.

Will California Continue to See a Population Decrease? San Diego Leaders Discuss
California’s population shrank by more than half a million people during the first two years of the pandemic. Can we expect this trend to continue? As part of the San Diego Union-Tribune’s Econometer panel,  James Hamilton of Economics said: “The high cost of housing, taxes, traffic congestion, and burdens of running a business in California have been leading people and businesses to relocate to states like Texas and Florida. California could fix all these problems. But until we do, I don't expect population growth to return to its historical pace.” Hamilton was also part of the Econometer panel debating whether tipping has gotten out of control. 

Why Republican-Leaning Areas Saw a Rise in Births After Trump’s Election
A study co-authored by  Gordan Dahl of Economics suggests that increased economic optimism among Republicans motivated them to have more children relative to Democrats. “The size of the change is equivalent to changes in birth rates that occur after economic shocks or in response to policies designed to affect birth rates.” Reported by SWNS, the story was picked up by the Sacramento Bee, the Independent in the U.K, (linked above)  and  Yahoo! Finance, among other outlets. 

Brazil’s Economic Challenges Are Again Lula’s to Tackle – This Time Around They’re More Daunting
Having studied Brazil in their economic research, and having lived in the country for several years by birth or by choice,  Marc-Andreas Muendler of Economics and doctoral candidate  Carlos Góes argue in an article for The Conversation that it will not be easy for Luiz Inácio Lula da Silva – now in his third term as president of Brazil – to fulfill the economic promises he made on the campaign trail.