1 Economics Department - Gatton College of Business and Economics - University of Kentucky - Gatton College of Business and Economics - University of Kentucky

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Department of Economics News                   2015 PhD Job Candidates           

Showcase of Undergraduate Scholars


Congratulations to Economics majors Ross Hildabrand, Rick Guha, and Zach Storms who presented their research projects at the Showcase of Undergraduate Scholars. Ross presented a poster on his research on "Fayette County Property Values" (Mentor: William Hoyt) and Rick presented a poster on his research on "Brand Recognition on Equity Performance" (Mentor: Chrs Bollinger). Zach gave an oral presentation on "A State-level Analysis of Incarceration and Unemployment in the United Staes" (Mentor: Chris Bollinger). Abstracts of their projects can be found here.

Socioeconomic Inequality Program

Rob Hartley, a 3rd year PhD student, was accepted to participate in the 3rd Summer School on Socioeconomic Inequality - Chicago 2015. The program focuses on new methods of inequality research to address interdisciplinary insights of human behavior through economic models. This research forum is hosted by the Human Capital and Economic Opportunity Global Working Group led by Nobel Laureate James J. Heckman, Steven N. Durlauf, and Robert H. Dugger.

Paper Accepted for Publication

Jim Ziliak and 2013 PhD alum Sarah Burns had their paper "Identifying the Elasticity of Taxable Income" accepted for publication in The Economic Journal. 



Recent Media Attention

The Center for Business and Economic Research, directed by Chris Bollinger, recently released a study on the economic impact of Keenland Race Track (Lexington, KY) that has received extensive media attention including articles in the Lexington Herald Leader and the Louisville Courrier Journal on April 23, 2015.  A link to the study is here.


James Ziliak was recently (April 23, 2015) quoted in article in the Washington Post on senior food insecurity. The article refered to a recent report co-authored by Professor Ziliak and Craig Gunderson. The article can be found here.  A link to the study is here.


2015 Phi Beta Kappa Inductees

Congratulations to our Economics majors who are 2015 Phi Betta Kappa inductees. They are Andrew Cech, Jonathan Elliot, Trevor McNary, and Samuel Wicke.

Annual Teaching Workshop

On Saturday April 18th, the 20th Annual University of Kentucky Department of Economics Teaching Workshop was held. The workshop was organized by Gail Hoyt and Bob Gillette. Keynote presentations were by David Laibson, Robert I. Goldman Professor of Economics at Harvard University and Mary Suiter, Mark Bayles, and Erin Yetter of the Federal Reserve Bank of St. Louis. In addition there were 9 posters in the poster session with 17 authors and a book exhibit with 7 publishers who sponsored the conferences as well. One hundred people attended including faculty from regional colleges and high schools and numerous alumni of the UK Ph.D. program. 

In photo (left to right) Mary Suiter, Mark Bayles, and Erin Yetter (Federal Reserve Bank of St. Louis) and David Laibson (Harvard University).

Most conflicted college basketball fan

Chris Bollinger was featured on Sports Illustrated as “America’s most conflicted college basketball fan” due to strong ties with three of the Final 4 teams.  Chris Bollinger was also interviewed about the economic impact of the Kentucky's appearance in the Final Four aired on ESPN on Saturday April 4th. Related interviews include ABC-36/WTVQ (Lexington, Monday April 6th) and WIBC Radio (Indianapolis, Saturday, April 4th).  

Carlos Lamarche Presentations

Carlos Lamarche recently presented “Sparsity-Based Estimation of a Panel Quantile Count Data Model with Applications to Big Data” at the University of Illinois at Urbana Champaign on April 17, and the University of Southern California on April 28. Carlos will be visiting the Institute of New Economic Thinking (INET) at the University of Southern California from April 27th to May 1st where he is a Visiting Fellow of the Institute.

Visiting Scholar at University of Lugano

William Hoyt will be serving as an (occassional) visiting scholar to the Institute of Economics (IdEP) at the University of Lugano (Switzerland) for a grant on "Fiscal Rules, Fiscal Performance and Tax Competition" funded by the Swiss National Science Foundation from September 2015 - September 2018.


J. Robert Gillette Publication

"Prepared Students: The Secret is in the Course Design" by J. Robert Gillette (with Lynn G. Gillette) was published in the Faculty Focus articles by Manga Publications in February, 2015.

Live Webinar to 40 colleges and universities

J. Robert Gillette (with Lynn G. Gillette) recently (March, 10 2015) gave a live webinar to over 40 colleges and universities "Prepared Students: The Secret's in the Assignment Strategy" and has produced (with Lynn G. Gillette) three 20-minute teaching videos: "How Do I Get Students to Come to Class Prepared?", "How Can I Effectively Use Class Preparation Assignments?," and "How Do Prepared Students Change the Way I Teach?" (all with Magna Publications).

Presentation at Emory University

Tony Creane presented "Exporting to Bypass Weak Institutions" at Emory University on April 2nd. Tony also presented this paper at the European Association for Research in Industrial Economics 41st Annual Conference, August 29th-31st in Milan, Italy.


2015 Inspirational Woman of Gatton

Congratulations to Jenny Minier for being awarded the “2015 Inspirational Woman of Gatton” by the Women Business Leaders Program.


Visiting Scholar at Russell Sage Foundation & University College London

For his sabbatical in 2015-2016, Jim Ziliak has been awarded a Visiting Scholar position at the Russell Sage Foundation in New York City, and has also been awarded a Leverhulme Foundation grant as a Visiting Professor at University College London. He will divide his time equally between New York and London.


Teacher Who Made a Difference

Congratulations to Chris Bollinger who was recognized as a “A Teacher who made a Difference” in the 17th Annual Teachers Who Made A Difference Program.

Bollinger interviewed on Kentucky Economy & Education

Chris Bollinger spoke to the Construction Finance Management Association on April 9th about "The Kentucky Economy" and was interviewed on Monday, April 13th on WUKY (Lexington) concerning "The Impact of Education through the Economy."

UK's CBER shows impact of education on the economy

Michael Childress, CBER Research Associate, has recently developed a poster documenting some of the economic and social impacts of educational attainment with a focus on progress in educational attainment in Kentucky.  For more information read here.  For a pdf of the poster see here.


Aaron Yelowitz presents at Manhattan Institute

Aaron Yelowitz presented the findings from “Prison-to-Work: The Benefits of Intensive Job-Search Assistance for Former Inmates” (with Chris Bollinger) at Manhattan Institute on March 26, 2015. The results have been written up in the National Review and can be found here.


Recipient of $2.5 million USDA Grant

Chris Bollinger and CBER (Center for Business and Economic Research) are key participants of a $2.5 million USDA grant to the University of Kentucky to house the national USDA Rural Child Poverty Nutrition Center. Announced last week in Lexington by USDA Secretary Tom Vilsack and Governor Beshear, the center will pursue solutions in child nutrition to reduce hunger in states with persistently poor rural counties. CBER will lead the evaluation team.  Click here for further details and see a video of the announcement. 

Paper published in Journal of the American Statistical Association

Chris Bollinger, Charles Hokayem (Ph.D. 2010), and Jim Ziliak's paper "The Role of CPS Nonresponse in the Measurement of Poverty," is forthcoming in the Journal of the American Statistical Association.

CBER's report discussed in Herald Leader

CBER's 2015 Annual Economic Report (Chris Bollinger and Michael Childress) was discussed in the Lexington Herald Leader (Tom Eblen column) on March 22. The article examines questions about Kentucky's current economy including what part of Kentucky's economy has lost the most jobs.  Click here to read the full article.

Paper summarized by NBER

Tom Ahn's National Bureau of Economic Research (NBER) Working Paper "The Impact of No Child Left Behind's Accountability Sanctions on School Performance: Regression Discontinuity Evidence from South Carolina," with Jacob Vigdor (WP NO 20511) was summarized in the February 2015 issue of The NBER Digest.

John Garen gives two presentations

John Garen gave a talk entitled “Obamacare and Healthcare Reform,” to the Women Republicans of Central Kentucky on March 19, and will present “Trust and the Growth of Government” at St. Bonaventure University on March 27.


Chris Bollinger's research presented in Kentucky and North Carolina

Chris Bollinger presented “The Kentucky Economy:  What Parts are Working” at the Maysville Rotary Club (March 17), The Lexington Employee Benefits Council (March 18), and The Mortgage Bankers Association (March 23). He also presented “Trouble in the Tails,” at UNC-Greensboro on March 20.

Panel Participation

Glenn Blomquist participated in a panel on "What Should Policy Makers (and the Public) Know about Interpreting Regulatory BCA?" at the Society for Benefit-Cost Annual Conference and Meeting in Washington DC, on March 19-20.


Wildcat Moving owner speaks to UK business and law students

MBA alumnus Raleigh Bruner, owner of Wildcat Moving, spoke to UK business and law students on Tuesday, March 10 about his fight to strike down the state's anti-competition law against new moving businesses.  This U.S. District Court decision opened the door for his business and other entrepreneurs.  Read more about his successful lawsuit case here.

Paper published in International Journal of Industrial Organization

Tony Creane and Thomas D. Jettschko's paper "Endogenous Entry in Markets with Unobserved Quality" is forthcoming in the International Journal of Industrial Organization.


NCAA Tournament: Why You Should Pick Against Kentucky

A March Wall Street Journal article examined the NCAA Tournament and why you should pick against Kentucky.  Adib Bagh, assistant professor of mathematics and economics at Kentucky, provided an economist's perspective saying, "If you really believe that everyone else is following the same rule of thumb, then you have an incentive to deviate from that rule of thumb."   The full article may be found here.

Dean's List Fall 2014

Congratulations to the 61 A&S Economics majors on the Fall 2014 Dean's List in the College of Arts & Sciences. This honor is reserved for high-achieving students who earn at least a 3.6 gradepoint average during the semester. There are three distinct Economics majors in the College of Arts & Science: Arts & Sciences Economics (21 on Dean's List), Foreign Language and Economics (7 on Dean's List), and Mathematical Economics (33 on Dean's List).  To see the list of these students please click here.

Ana Maria Herrera to present in Saudi Arabia

Ana Maria Herrera presented "Crude Oil Prices and Economic Activity: An Asymmetric Relationship?" at the Workshop on Energy Vulnerability, King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh, Saudi Arabia on March 11th.


Jim Ziliak testifies before the U.S. House Subcommittee on Nutrition

On Thursday, February 26, 2015 Jim Ziliak testified before the U.S. House Subcommittee on Nutrition (under the jurisdiction of the Agriculture Committee).  The purpose of the hearing is to discuss changes in recent years in who receives food stamps  (Supplemental Nutrition Assistance Program) and why. The crux of Jim's testimony will come from the forthcoming book Jim is co-editing, SNAP Matters: How Food Stamps Affect Health and Well Being (Stanford University Press). A live webcast is available here.

Passing of Former Colleague Mike Webb

It is with great sadness that we report the passing of a former colleague, Mike Webb on Sunday, February 1, 2015. Mike became a member of the Gatton College in August of 1979 in the Department of Economics. He started his career as an Instructor and throughout his career at Gatton was the Department Chair for Economics. As an Assistant Professor, Mike was selected as a Fulbright Fellow in the academic year 1985-86. His research was based on export promotion and diversity in Costa Rica. After 18 years of service at UK, Mike left the University in 1997 and went to Xavier University in Cincinnati, Ohio.

Paper summarized and presented

Lala Ma's National Bureau of Economic Research (NBER) Working Paper "The Value of Brownfield Remediation" with Kevin Haninger and  Christoper Timmins (WP NO 20296) was summarized in the January 2015 issue of The Nber  Digest.  In addition, Lala Ma presented her paper at the Society for Benefit-Cost Analysis Annual Conference and Meeting in Washington, DC on March 19-20.                                                        

Award given to The Journal of Benefit-Cost Analysis

The MacArthur Foundation has given a 3-year $225,000 award to The Journal of Benefit-Cost Analysis, edited by Glenn Blomquist and William Hoyt. The award is to assist in the growth of the journal and its focus on the use of and need for the practice of benefit-cost analysis in the evaluation of public policies and programs.


Jenny Minier presents at LSU

Jenny Minier presented "Austerity and Exports," at Louisiana State University on November 14th. The paper is co-authored with Josh Ederington (University of Kentucky), Rishav Bista (University of Kentucky, Ph.D. 2012), and Brandon Sheridan (University of Kentucky, Ph.D. 2012).


Ph.D. student recognized for teaching

Anna Maximova (University of Kentucky Ph.D. student) was named Delta Zeta Sorority's Professor of the Month.


Carlos Lamarche's research presented in Kansas, Tennesse, and California

Carlos Lamarches research was presented at the University of Kansas, University of Tennessee, and the California Econometrics Conference hosted by the Stanford Graduate School of Business. He presented joint work with Matthew Harding (Duke University) titled "Penalized Quantile Regression with Semiparametric Correlated Effects: An Application with Heterogeneous Preferences" and "Sparsity-Based Estimation of a Panel Quantile Count Data Model with Applications to Big Data."

Presentations by University of Kentucky Faculty, Alumni, and Ph.D. Students 

Several University of Kentucky Faculty, Alumni, and Ph.D. students will present at the Southern Economics Association Meetings. These meetings will be held in Atlanta, GA on November 22nd through the 24th. Also, several alumni and faculty have presented at the Association for Public Policy Analysis and Management (APPAM) held in Albuquerque, NM on November 6th through the 8th.

For a complete list of these presentations click here

Aaron Yelowitz presents at University of Cincinnati

Aaron Yelowitz presented his paper, "Health Insurance, Fertility, and the Wantedness of Pregnancies: Evidence from Massachusetts" (co-author Maria Apostolova) on Friday, November 7, in an Economics Department seminar at University of Cincinnati.


Paper published in Journal of Health Economics

Aaron Yelowitz's paper (join with James Marton and Jeffrey Talbert), "A Tale of Two Cities? The Heterogeneous Impact of Medicaid Managed Care" appeared in the July 2014 issue of Journal of Health Economics.

Paper published in Economics Letters

Tim Harris and Aaron Yelowitz's paper "Is There Adverse Selection in the Life Insurance Market? Evidence from a Representative Sample of Purchasers" appeared in the September 2014 issue of Economics Letters.


Aaron Yelowitz speaks to Louisville City Council on Minimum Wage 

Aaron Yelowitz discussed the likely impacts of Louisville's proposed citywide minimum wage ordinance in front of the Louisville Metro Government Labor & Economic Development Committee on Oct. 30, 2014. To see the full council meeting click here


Economics Society President named Homecoming Queen

The Economics Department congratulates Lee Foster, senior Economics major and the President of the Economics Society, on being crowned the 2014 University of Kentucky Homecoming Queen. Roshan Palli, a mathematical economics and economics major, was also nominated for Homecoming King. Read more about Lee and Roshan here.

Paper to be published in the Southern Economic Journal

The paper by Aaron Yelowitz (and James Marton of Georgia State University), "Health Insurance Generosity and Conditional Coverage: Evidence from Medicaid Managed Care in Kentucky" is forthcoming in the Southern Economic Journal

Ken Troske presents at Western Kentucky University

Ken Troske

Ken Troske presented his paper, "Labor-Market Returns to the GED Using Regression Discontinuity Analysis", (co-authors Christopher Jepsen and Peter Mueser) on Friday October 17th, in an Economics Department seminar at Western Kentucky University. 


Jim Ziliak appears on "PBS Newshour Weekend"

Jim Ziliak, Gatton Endowed Chair in Microeconomics and Director of UK's Center for Poverty Research appeared on "PBS Newshour Weekend" where he discussed the new Promise Zone initiative in Kentucky. For more information click here

Jim Ziliak presents at Federal Reserve

Jim Ziliak presented "Identifying the Elasticity of Taxable Income" (co-author: Sarah Burns (Ph.D. 2012)) at the Federal Reserve Board of Governors in Washington, DC.

William Hoyt to present in Washington, DC

William Hoyt is presenting "State Tax Differentials, Cross-Border Commuting, and Commuting Times in Multi-State Metropolitan Areas" at the American Tax Policy Institute Conference on "Taxation and Migration: The Young, The Middle-Aged, and the Old," on Friday, October 17th in Washington, DC.

UKCPR receives $1 million extension 

The University of Kentucky Center for Poverty Research (UKCPR) directed by Jim Ziliak received a $1 million extension from the Economic Research Service in USDA on its cooperative agreement on research and grants on the SNAP program, health, and food insecurity. The grant runs until September 30, 2017.

Paper to be published in the Journal if International Money and Finance

Ana Maria Herrera's paper (joint with Latika Lagalo and Tatsuma Wada), "Asymmetries in the Response of Economic Activity to Oil Price Increases and Decreases?" has been accepted for publication at the Journal of International Money and Finance.

Glenn Blomquist edits Preference Measurement in Health 
Glenn Blomquist and Kristian Bolin (University of Gothenburg) edited the book Preference Measurement in Health. This is volume 24 in Advances in Health Economics and Health Services series. For more information click here.

Jim Ziliak Co-authors Report on Children's Food Insecurity

Jim Ziliak and Craig Gundersen (University of Illinois) author a policy report titled "Childhood Food Insecurity in the U.S.: Trends, Causes and Policy Options." In the report, they highlight new research and outline potential policies to address food insecurity that plagues millions of U.S. children despite increases in federal food-assistance programs. To read more about this report click here.

Tony Creane Presents in Italy

Tony Creane presented "Exporting to Bypass Weak Institutions", at the European Association for Research in Industrial Economics 41st Annual Conference, August 29th-31st in Milan, Italy.

John Garen visits National Taiwan Normal University

John Garen was a Visiting Scholar at National Taiwan Normal University where he presented "Successful Economies and Successful Businesses."

John Garen to participate in Mont Pelerin Society meeting

John Garen will participate in the General Meeting of the Mont Pelerin Society from August 31st to September 5th in Hong Kong.

William Hoyt to speak at "See Tomorrrow" series at UK 

William Hoyt will participate in a panel on "UK's Partnership with the Commonwealth" in the "See Tomorrow" Speaker's series on Tuesday, September 9th, 9:30am, in the UK Athletics Auditorium in the William T. Young Library.

Daniel Duncan speaks at Murray State University

Third-year graduate student Daniel Duncan, a graduate of Murray State University, has been asked to be the keynote speaker at the Murray State University McNair Scholars Annual Banquet on Wednesday, April 16th.

2013-2014 Ph.D. Placements

The faculty and staff of the Department of Economics congratulate our 2013-2014 Ph.D. placements:

Maria Apostolova has accepted the position of Assistant Professor at Mary Washington University (Fredericksburg, VA).

Derrick Jenniges has accepted a position at the Bureau of Economic Analysis (BEA) in Washington, DC.

Preston Brashers has accepted a position at PwC in San Francisco.

Congratulations to Gail Hoyt

Gail Hoyt was named one of the 2014 Beta Gamma Sigma Outstanding Teachers. Gail was one of two faculty in the Gatton College recognized by Beta Gamma Sigma, the business honor society.

Conference Participation

The Association of Private Enterprise (April 13 - 15) Las Vegas, Nevada

  •  John Garen is presenting his paper with Steven Gordon (Ph.D. student) and J. R. Clark (UT- Chattanooga) "Attitudes toward Government: Evidence on Causes and Consequences"
  • Steven Gordon (Ph.D. student) is presenting "The Crowd-Out Effect of Affirmative Action: Evidence from Texas"
  • Carlos Lopes (Ph.D. Alum 2010, Midway College) is presenting Population Heterogeneity and Government Intervention in the Developing World"
  • James Saunoris (Ph.D. Alum 2012, Eastern Michigan University) is presenting "Fiscal Decentralization and the Shadow Economy: Evidence from U.S. States"
  • John Garen is chairing the session "Government Policy and Evidence of its Effects"

Ken Troske delivers Chellgren Lecture "How Sweatshops Helped Transform the World"

The University of Kentucky Chellgren Center for Undergraduate Excellence will host a lecture by Ken Troske, Sturgill Endowed Professor of Economics, as its final lecture in the Chellgren Seminar Series this semester. "How Sweatshops Helped Transform the World" will begin at 7 p.m. Tuesday, April 8, in the William T. Young Library UK Athletics Auditorium.

To read more click here.

Students receive Gaines Fellowships

Congratulations to Economics majors Jonathan Elliot (Economics/Mathematics), Jordan Keeton (Economics/Finance), and Trevor McNary (Economics/International Studies) who were recently chosen to receive Gaines Fellowships for 2014-15 and 2015-16. They are three of the twelve Gaines Fellows selected.

Chris Bollinger speaks at the University of Louisville

Chris Bollinger will present "The Role of CPS non-response on the Level and Trend in Poverty," at the University of Louisville.

Presentation at Midwest Economic Meeting

Sandeep Rangaraju (Ph.D. Student) recently presented his paper with Ana Maria Herrera "The Quantitative Effects of Tax Foresight: Not All States are Equal" at the Midwest Economic Meeting in Evanston, Illinois (Northwestern University).


Paper to be published in SEJ

Frank ScottKen Stanford (Ph.D. 2010) and Frank Scott's paper "What Are SEC Football Tickets Worth? Evidence from Secondary Market Transactions," will appear in the July 2014 issue of the SEJ.



National Conference on Undergraduate Research

Congratulations and good luck to Julia Dyer (B&E Economics), Alex Wolfe (B&E Economics and Finance), and Elena Shulgina (A&S Economics), all of whom will be presenting at the National Conference on Undergraduate Research being held at UK on April 3rd-5th. Julia will be presenting her research on "Economic Development through Women's Education" (Jenny Minier, faculty supervisor); Alex is presenting his research on "Is all Growth Created Equal? An Evaluation of the Effects of Economic Composition on Income Inequality in Deve

loping Countries?" (Chris Bollinger, Faculty Supervisor); and Elena is presenting her research on "The Unreached Consensus: The Effects of Corruption on Economic Growth in Advanced, Transitional and Least Developed Economies" (Horace Bartilow (Political Science) Faculty Supervisor).

Joint Conference at the Federal Reserve Bank of Cleveland

The 2nd Annual Joint Cleveland Federal Reserve Bank - UK Department of Economics workshop is February 28th-March 1st at the Cleveland Federal Reserve Bank in Cleveland, OH. The focus of the workshop is on income distribution. Chris Bollinger is a co-organizer of the conference. Jim Ziliak will be presenting "Trouble in the Tails? Earnings Nonresponse and Response Bias across the Distribution Using Matched Household and Administrative Data." To read more about the workshop click here.

The Department welcomes 2 new faculty members

Felipe BenguriaThe Department of Economics is pleased to announce that Felipe Benguria will be joining the faculty for the 2014-15 academic year as an assistant professor. Felipe is finishing his Ph.D. at the University of Virginia. A native of Chile, he has a BS in Engineering and a MA in Economics from Pontificia Universidad Catolica (Chile). His research and teaching interests are in international trade with interests in international macroeconomics and industrial organization as well. We look forward to his arrival later this summer.

Lala Ma will be joining the faculty as an assistant professor for the 2014-15 academic year. Lala will be finishing her Ph.D. this spring from Duke University. Prior to her work at Duke, Lala received a BA and MA in Economics from Tufts as well as a BA in Mathematics. Lalas research and teaching interests focus on environmental and applied economics and her dissertation is "Topics in Hedonic Valuation". We are pleased to have Lala joining us for the next academic year.

Chris Bollinger speaks at UK Annual Economic Outlook Conference

Chris Bollinger, Director of the Center for Business and Economic Research (CBER), provided a forecast for employment and GDP for both Kentucky and U.S. at the 25th Annual Economic Outlook Conference held Tuesday, February 11th at the Lexington Center. The conference attracted over 300 to hear comments from Chris as well as Lt. Governor Jerry Abramson, Vice President of the Atlanta Federal Reserve Bank David Altig, and Don Mullineaux, Professor of Finance, comment on the economy. Chris's comments about prospects for the Kentucky economy have been reported in the media throughout the state. Hear more about his comments in an article from the Lexington Herald Leader at Kentucky.com.

Editorial Position for Gail Hoyt

Gail Hoyt has been appointed an Associate Editor of the Journal on Economic Education.

John Garen discusses minimum wage

John Garen was a guest on The Leland Conway Show (630 WLAP AM) on February 7th for a discussion of minimum wage laws and was interviewed for WTVQ-TV on January 31st to discuss minimum wages.

Jim Ziliak cited in The Economist

Jim Ziliak was cited in a recent article in The Economist (February 8th) to discuss the farm bill and its implications on SNAP (food stamps). Read the article here.

Volodymyr Vakhitov (Ph.D. 2008) offers an economic analysis of the Ukraine Crisis 

Volodymyr Vakhitov, a 2008 Ph.D. from the Department and Assistant Professor and Senior Economist at the Kiev School of Economics, was recently interviewed by the Institute of Contemporary World (College de France) about the crisis in the Ukraine. To read the interview click here. For more about Volodymyr click here.

Alison Davis quoted in the New York Times

Alison Davis Alison Davis, associate extension professor in the Department of Agricultural Economics with a joint appointment in Economics and director of the Community and Economic Development Initiative of Kentucky was quoted in another New York Times story Monday, Jan. 27. The story compared President Obama's recent "Promise Zone" initiative to the old enterprise zone programs of previous presidential administrations. Davis commented on the potential of attracting large businesses with tax breaks and helping local residents start their own new businesses. The idea is to build a diversified economy based on the talents of the local people as they are now, Davis said.
Click here to read more.

Gail Hoyt recognized for teaching

Gail Mitchell Hoyt, professor of economics and director of Undergraduate Studies at the University of Kentucky's Gatton College of Business and Economics, recently was honored with the prestigious Kenneth G. Elzinga Distinguished Teaching Award by the Southern Economic Association (SEA) at the organization's annual conference in Tampa, Fla. The Elzinga Award annually recognizes one or more faculty members for outstanding contributions to economics education. Click here to read more.

Jim Ziliak quoted in the New York Times

University of Kentucky Gatton Endowed Chair in Microeconomics James Ziliak, who also is director of UK's Center for Poverty Research, was featured in a Sunday (Jan. 5) New York Times article examining the war on poverty in the U.S., 50 years after President Lyndon B. Johnson made the declaration in his 1964 State of the Union address. Click here to read more.

Editorial Positions for Glenn Blomquist and William Hoyt

Glenn Blomquist and William Hoyt are the new editors of the Journal of Benefit-Cost Analysis. "The Society for Benefit-Cost Analysis founded the JBCA in 2010 with support from the MacArthur Foundation.  The purpose is to further the development of the theory, practice, and teaching of benefit-cost analysis.  Bill and I look forward to the challenge of facilitating advances in all three areas and building on the accomplishments of the first years of the journal.  The prospect is exciting."

Carlos Lamarche recognized for Contributions to Econometrics Literature

Congratulations to Carlos Lamarche whose chapter "Quantile Regression Estimation of Panel Duration Models with Censored Data" published in Advances in Econometrics has been chosen as an Outstanding Author Contribution Award Winner at the Literati Network Awards for Excellence 2013.

Jim Ziliak Lectures in China 

Jim Ziliak will be visiting Southwest University of Finance and Economics (SWUFE) in Chengdu China from May 25 through June 9th.  Dr. Ziliak will be presenting five public lectures in labor and poverty economics and engaging in collaborative research planning with scholars at SWUFE.  Dr. Ziliak is hosted by Dr. Wenbin Zhang and Dr. Longjin Chen, alumni of the Economics Department of the University of Kentucky.

Jim Ziliak on National Public Radio's Morning Edition

University of Kentucky Center for Poverty Research Director James Ziliak appeared on National Public Radio's (NPR) Morning Edition Wednesday May 22nd to discuss cuts to the Supplemental Nutrition Assistance program, more commonly referred to as food stamps. The cuts are proposed in the House and Senate versions of the Farm Bill. Ziliak, the Gatton Chair in Microeconomics within UK's Gatton College of Business and Economics, was interviewed by Pam Fessler of NPR.

Frank Scott Recognized for his MBA Teaching 

Congratulations to Frank Scott for once again winning the Outstanding Teacher in the Accelerated One-Year Program. The recognition is particularly gratifying as the award is chosen by the students in the program. Frank teaches MBA 603: Markets-Structures and Dynamics and MBA 605: Organizational Structures and Strategies each fall in the program. Frank was honored at the MBA Graduation Reception on May 9th at the Boone Center.

Welcome to David Agrawal, SEC Visiting Scholar

We are delighted to have David Agrawal, Assistant Professor of Economics at the University of Georgia visiting the Department from May 13th through June 6th as a SEC Visiting Scholar. Professor Agrawal received his Ph.D. from the University of Michigan (2012). His research interests are in state and local public finance, fiscal competition and federalism, and geo-spatial economics. His research has been recognized by a number of awards including the Young Economist Award and The Peggy and Richard Musgrave Prize from the International Institute of Public Finance. His visit is being hosted by Professors William Hoyt and David Wildasin.

Congratulations to Gail Hoyt!  

Gail recently was announced as the recipient of the 2013 Interfraternity Distinguished Professor Award. Students commented on their experience in the classroom and also the service learning opportunities in the Global Scholars section of ECO201. As part of their service learning, this semester 55 students went into the local middle school system and taught lessons to 260 6th and 7th graders on the global economy and financial literacy through Junior Achievement. This service component is consistent with the service mission of the university and has been an enriching experience for our students consistent with the QEP regarding student presentation and communication skills. Again, congratulations to Gail and thanks for your efforts at not only educating current students at UK but some of our future ones as well.

KET Interview
John Garen recently (Monday, April 29th) appeared on the Kentucky Education Television (KET) Network's "Bill Goodman Show" to discuss the federal budget. To hear the discussion [click here].

Congratulations to Jeannie D. Graves
Jeannie is Administrative Support for the Department of Economics & CBER. Jeannie was recognized on Wednesday, April 17th as one of two College staff members to receive the Judith Milburn Haywood Staff Award in recognition of her outstanding work in the Department of Economics. "Jeannie's contributions to the Department are many and valued. She handles a myriad of tasks including administration of the Department's Graduate program, assisting with workshops and event coordination for the Department, assisting our Director of Undergraduate Studies, communications and providing administrative support for CBER," says Department Chair William Hoyt. "Jeannie is a person who is a pleasure to work with. She gets things done, and yet always has time to help a student who sometimes just needs a kind word. Jeannie goes above and beyond every single day," Chris Bollinger said, former DGS and Director of CBER.

UKCPR Grant Awards

The University of Kentucky Center for Poverty Research is pleased to announce the awarding of 9 grants totaling $1.2 million dollars to provide rigorous research that expands our understanding of hunger among children in the United States. Funding for the Research Program on Childhood Hunger is generously provided by a grant from the Food and Nutrition Service of the U.S. Department of Agriculture.
To learn more about topics and recipients click here.

For an overview of the Research Program on Childhood Hunger please see our April 2013 Briefing Booklet.

Budget Impact Presentation

William Hoyt will present, "The Federal Budget: Everything You Ever Wanted to Know but Were Afraid to Ask" on April 17th in Louisville, KY. The event is being organized by the University of Kentucky Alumni Association, Greater Louisville Club, and Central Bank. (read more...)

 Rand Paul Visit

U.S. Senator Rand Paul (R-Ky.) spoke at the University of Kentucky on Wednesday, March 27. The title of his presentation was "Restoring Economic Freedom". Read more from the Lexington Herald-Leader, the Kentucky Kernel, or watch a video.

Student Government Elections

Roshan Palli On behalf of the faculty and staff of the Department of Economics, congratulations to the recently-elected Student Government President, Roshan Palli, and his Vice President, Jake Ingram. Roshan is a sophomore Mathematical Economics and Mathematics major. (read more...)


Fayette County Economic Report

Alison Davis, Agricultural Economics Professor, Director of the Community and Economic Development Initiative of Kentucky (CEDIK), and joint faculty member in the Department of Economics was among the coauthors of a recent report highlighting agriculture's impact on the Fayette County economy. (read more...)

James Ziliak UKCPR Interview 

Kentucky Educational Television public affairs reporter Renee Shaw interviews UKCPR Director James Ziliak about his studies on poverty and its causes in a special KET report, "The Price of Poverty in Kentucky". To access the full interview click here.


Gatton Students Triumph at WSJ National Biz Quiz 

biz quiz winning teamLEXINGTON, Ky. (Nov. 14, 2012) The University of Kentucky has won another national championship, actually two more of them the occasion was the annual Wall Street Journal National Biz Quiz competition hosted by The Ohio State University this past weekend. A three-person team of economics majors from UK's Gatton College of Business and Economics, Bert Smith, Ryan McFerran, and Scott Deschamp, bested competitors from 17 other top business schools across the nation for the team title, while Smith took top honors individually. (read more...)

The Department welcomes 3 new faculty members

  • Anthony Creane was born in Recife, Brazil and holds an A.B. in Economics from the College of William & Mary, and a Ph.D. in Economics from the University of Virginia. Before joining the Department of Economics at the University of Kentucky in 2012 he was a Professor of Economics at Michigan State University. (view profile)
  • Ana Maria Herrera holds a B.A. and a M.A. in Economics from the Universidad de los Andes (Bogota, Colombia), and a Ph.D. in Economics from the University of California, San Diego. Before joining the Department of Economics at the University of Kentucky in 2012, she was Associate Professor of Economics at Wayne State University (2008-2012) and an Assistant Professor of Economics at Michigan State Economics (2000-2008). ( view profile )
  • Professor Carlos Lamarche holds an M.S. in Statistics and a Ph.D. in Economics from the University of Illinois at Urbana-Champaign. Prior to assuming his position at the University of Kentucky, Professor Lamarche was Assistant Professor in the Department of Economics at the University of Oklahoma, where he taught for six years. ( view profile )

Research by Gatton Professors Cited by US Chamber of Commerce (Kenneth Troske)

University of Kentucky Gatton College of Business and Economics Dean David Blackwell and Senior Associate Dean and Sturgill Endowed Professor of Economics Kenneth Troske, are co-authors of a major study released by the U.S. Chamber of Commerce that questions the need for further reforms in the money market fund industry. (read more...)                                                                                                        


Report: Medicaid Pharmaceutical Use Varies Widely in State
(Michael Childress, CBER Research Associate)

LEXINGTON, Ky. (October 12, 2012) Newly-published research from the University of Kentucky raises questions about the differences in the amounts of medicine taken by Medicaid recipients across the state. For more, click here. To read the Lexington Herald-Leader article, click here.

Recent Editorial Positions
Congratulations to our recent appointees to co-editorships: Josh Ederington (Canadian Economic Journal), Jenny Minier (Southern Economic Journal), Dave Wildasin (Journal of Public Economics), and James Ziliak (Economic Inquiry).

Household Food Security (James Ziliak)

In an interview with Pam Fessler from NPR's "All Things Considered," UKCPR Director James Ziliak comments on the continued struggle of U.S. families to put enough food on the table based on the newly released report from the USDA's Economic Research Service, "Household Food Security in the United States in 2011." To listen to this interview and read the full article click here.

UK Experts Issue Final Report to State Tax Reform Task Force
(William Hoyt, Michael Childress)

The economic consultant team which includes two experts from the University of Kentucky delivered its final report to the Governors Blue Ribbon Commission on Tax Reform. The Governor's Office engaged the three-person team of William Hoyt and Michael Childress of UK, and William Fox of the University of Tennessee to assist the 23-member tax reform commission in studying how to improve the states tax structure. (read more)

Gatton's Troske Part of Washington Panel
Kenneth Troske, senior associate dean and the Sturgill Endowed Professor of Economics in the University of Kentucky's Gatton College of Business and Economics, took part in a national symposium in Washington, D.C. Friday, Sept. 7, examining the effectiveness of federal job training programs as a way to reinvigorate America's work force. (read more)

WUKY's Perspectives Features Discussion of Poverty (James Ziliak)
WUKY's "UK Perspectives" focuses on the people and programs of the University of Kentucky and is hosted by WUKY General Manager Tom Godell. The August 10th program featured a discussion of poverty in Appalachia with James Ziliak, director of UK's Center for Poverty Research and editor of the new book "Appalachian Legacy: Economic Opportunity After the War on Poverty." To listen to the podcast interview, from which "UK Perspectives" is produced, click here or to read more click here.

Three Economics students named Chellgren Fellows
The University of Kentucky Chellgren Center for Undergraduate Excellence recently honored its three new endowed professors and sixth class of Chellgren Fellows. (read more)

Remembering Bill Stober
Colleagues, friends, and generations of both undergraduate and graduate students at the Department of Economics at the University of Kentucky mourn the death of William J. Stober. Bill served as department chair for twelve years and fundamentally shaped the department into one focused on the highest quality of scholarship. His legacy as chair lives on today, and will continue into the indefinite future. (read more)


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