All Else Equal

Spencer and Tommy are Notre Dame undergrads studying economics and finance. Aside from their roles at the Idea Center, they are sometimes TAs, and all the time music connoisseurs. They produce a weekly roundup of bit size news pieces. If you're interested in signing up for Nuggies (which you should be!) you can follow the link below.  Nuggies Music sampled from Kanye West - Diamonds are Forever

All Else Equal listeners.....we're back. We thought it was appropriate to dust off the mic and dissect the Ukraine crisis and the economic sanctions levied on Russia.  Zach Stangebye is the Quinn and Jean Stepan Assistant Professor of Economics at Notre Dame. He received his doctorate in economics from the University of Pennsylvania in 2015. He is a macroeconomist specializing in macroeconomic and international finance. The bulk of his research focuses on international financial crises originating in sovereign debt markets, with a particular emphasis on coordination failures across time. Zach's google scholar page Music sampled from UGK (Underground Kingz) - Int'l Players Anthem

We dive into the third dialogue of Angrynomics and....get angry ourselves?  Music sampled from Jay Electric - Exhibit A

It's part 1 of our long-awaited inaugural book club. It's a long one, so buckle up settle in, and grab your book. We're talking about Angrynomics. In the episode, we mention a few resources. You can find the links below Gentzkow and Shapiro (2010) “What Drives Media Slant?” - https://web.stanford.edu/~gentzkow/research/biasmeas.pdf Jonathan Haidt “Righteous Mind: Why Good People are Divided by Politics and Religion” - https://en.wikipedia.org/wiki/The_Righteous_Mind Russ Roberts “The Numbers Game: The Paradox of Household Income” - https://www.youtube.com/watch?v=1DU2IT8rl6c

Stephen Vukovits is a senior here at ND majoring in economics and is the co-president of the Federal Reserve and Fiscal Policy Challenge Club on campus. Book Club Details The first rule of Book Club is to TELL EVERYONE ABOUT BOOK CLUB We're reading Angrynomics by Mark Blyth and Eric Lonergan We will have on some special guests to dive into the book Over the next 9-10 weeks we will be releasing episodes relating to the 5 parts of the book Episode 1 will cover the first two parts of the book

Kirk Doran is the Henkels Family Collegiate Chair and Associate Professor of Economics at the University of Notre Dame. Doran's research focuses on issues in labor economics, innovation economics, and international migration, with a particular focus on human capital complementarities. His work has examined the implications of large migrations of top scientists on the productivity and knowledge generation of their peers. Recent work has focused on the role of externalities, collaboration, and geographic distance in knowledge production, the impact of top prizes on the intellectual content of their recipient's work, and the impact of highly skilled immigrants on firms which randomly receive them. Kirk's webpage Center for Undergraduate Scholarly Engagement (CUSE)

Prior to her appointment as Associate Dean for Undergraduate Studies, Mary served as the Associate Chair and Director of Undergraduate Studies in the Economics Department.  Her current research interests are economics pedagogy and the telecommunications industry.  Dean Flannery received her B.A. and M.A in Economics from the University of Notre Dame in 1978 and 1979 respectively and her Ph.D. from the University of Maryland in 1996. Mary's faculty page Raj Chetty's “Using Big Data to Solve Economic and Social Problems Course” Vox's article on changing the way we teach undergrad economics Music sampled from Mos Def - Mathematics

Lakshmi Iyer is an Associate Professor of Economics at the University of Notre Dame. Her primary research fields are development economics and political economy, with a special emphasis on property rights and the distribution of political power within societies. Her research has examined many dimensions of the distribution of political power within emerging market countries, including the legacy of colonial rule, the division of authority between politicians and bureaucrats, and the determinants of conflict. She is currently working on several projects related to the determinants and consequences of women’s political participation. At Notre Dame, Lakshmi Iyer teaches an undergraduate course on “Political Economy of Development.” Lakshmi's Website Keough School of Global Affairs International Development Studies Minor Papers and resources mentioned in the episode Blattman (2020) Banerjee and Iyer (2013) Nunn (2008) BRAC Music sampled from DTP re-mixed by Jhonny Charles - Growing Pains

Emily N. Garbinsky is an Assistant Professor of Marketing at the University of Notre Dame's Mendoza College of Business. As a consumer psychologist, she studies how and when money can increase happiness - finding that money can positively impact happiness, consumption enjoyment, and relationship satisfaction depending on how it is managed, saved, and spent. Her empirical approach includes primary data collection, such as lab and field experiments, as well as secondary data analysis of bank transaction records and publicly available longitudinal surveys. Her research highlights how various consumer financial decisions can impact happiness by focusing on three streams of research: 1) understanding financial decision-making within romantic couples, 2) motivating individual consumers to make wiser choices with their money, and 3) helping consumers to spend money in ways that will increase their enjoyment of consumption experiences. New York Times Article featuring Emily on Income Infidelity Emily getting pied. Mitchell Olsen is an Assistant Professor of Marketing at the University of Notre Dame's Mendoza College of Business. His research interests are in marketing strategy, with a specific focus on substantive issues that occur at the intersection of any, and all, of the following sub-areas: (1) Brands, (2) Innovation, and (3) ‘Green’ (i.e., environmentally sustainable) marketing strategies. Across these areas, his research program primarily focuses on how managers’ new product-related actions impact the brand, itself. For instance, an article he published in the Journal of Marketing demonstrates how “green” new product introductions impact consumers’ attitudes toward the brand. Music sampled from Raekwon (and Method Man) - Ice Cream

Colin Jones is an Associate Teaching Professor of Finance, specializing in applied investments. Prior to joining Mendoza, he was a Clinical Associate Professor of Finance at the University of South Carolina, where he served as director of the Carolina Finance Scholars Program, director of the Student Managed Investment Fund, and director of the Carolina Finance & Investment Association. He received the Alfred G. Smith Jr. Award for Excellence in Teaching in 2016, and was named the Michael A. Hill Professor of the Year in 2018. He is co-author of the digital introductory textbook A Living Introduction to Finance, a real-time learning platform that has saved students over a million dollars on textbooks while improving the efficacy of introductory courses across the country. Memos from Howard Marks  Wall Street Journal article exploring this phenomenon (more) (more x2) ND Investment Club ND Wall Street Club ND Economics Club ND SIBC Music sampled from J Cole - The Climb Back

Chloe Gibbs joined Notre Dame's economics department in 2015, where she is also a faculty affiliate of the Wilson Sheehan Lab for Economic Opportunities. Professor Gibbs is interested in measuring the effects, both intended and unintended, of policies and programs targeted at disadvantaged children and families. Her recent research includes analyzing the impact of full-day kindergarten on cognitive and non-cognitive outcomes using experimental and quasi-experimental methods, investigating the intergenerational transmission of Head Start effects, and exploring whether fade out of early childhood effects varies with preschool and early school experiences. http://www.chloegibbs.com/ Chloe's Twitter Chloe on Probable Causation podcast Music sampled from Kanye West - School Spirit

We sat down and talked with Cole Folwell a 2019 Notre Dame, Political Science graduate. Cole's path as a trader at Citi is far from traditional. He talks about his experiences at Citi and how that's helped him to transition into his new role at Roca news. As Head of Growth for Roca, Cole talks to us about the state of news today and why he felt compelled to right the ship with Roca.  If you'd like to learn more about Roca news you can click the link to get started reading their newsletter.  You can also follow them on their Instagram page Music sampled from Jay-Z - Blueprint (Momma loves you)

Rudi Bachmann is the Stepan Family College Professor of Economics at Notre Dame. Recently, he co-authored a paper, https://www.econtribute.de/RePEc/ajk/ajkpbs/ECONtribute_PB_028_2022.pdf, that gained a lot of traction on Twitter. We sat down with Rudi to discuss the paper and Germany's reliance on Russian energy.  Rudi's Twitter VoxEu Article regarding the paper Music sampled from Big K.R.I.T. - King Pt. 4

Steve Reifenberg is an associate professor of the practice of international development and co-director of the Integration Lab (i-Lab). He also is senior strategic advisor and faculty fellow of the Kellogg Institute for International Studies at the University of Notre Dame. Reifenberg’s current research project, “From Aid to Accompaniment,” explores international development as a process of accompaniment. In his teaching about development, he is interested in interactive pedagogical approaches such as engaging students with international development “clients.” Before coming to Notre Dame in February 2010, Reifenberg worked for nearly two decades on international education, negotiation and development issues at Harvard University. From 1996 to 2002, Reifenberg served as the Executive Director of Harvard’s David Rockefeller Center for Latin American Studies. In 2002, he established Harvard’s first-ever university-wide office overseas in Santiago, Chile, an office that he directed for seven years. -------------------------------------- As Forrest announced, our summer book club will be Jim Otteson's "Seven Deadly Economic Sins". Be prepared for some special guests joining us over the summer to talk! Music sampled from J. Cole - Let go my hand

Rob Collinson is the Wilson Family LEO Assistant Professor in the Economics Department at the University of Notre Dame and the Wilson Sheehan Lab for Economic Opportunities (LEO). He is an applied microeconomist with research interests in housing policy, urban policy, and the design of anti-poverty programs. He completed his Ph.D. from New York University. Matt Desmond's book Evicted Music sampled from Outkast - Elevators

John Shim is an Assistant Professor of Finance at the University of Notre Dame. His research focuses on empirical asset pricing, market microstructure, and financial market design. His work on high-frequency trading and the design of stock exchanges has been featured in Bloomberg, the Financial Times, the Economist, and has been discussed by the SEC Chair and the New York Attorney General. He received his B.S. from the University of Illinois at Urbana-Champaign and his MBA and PhD from the University of Chicago Booth School of Business. John's paper on the High-Frequency Arm's Race was published in one of the best economics journals in the world.  Music sampled from Mos Def - Speed Law

Jeff Campbell is the Frances D. Rasmus and Jerome A. Castellini Professor of Economics. Before coming to Notre Dame, he served as Senior Economist and Research Advisor at the Federal Reserve Bank of Chicago. His research covers macroeconomics, industrial organization, and econometrics. Much of Jeff's research applies dynamic game theory to create tractable econometric models of strategic interactions between "large players," such as central banks and dominant firms in concentrated industries  Here is the NY Fed paper which prompted this discussion with Jeff. If you want to learn more about Hugo van Buggenum Music sampled from MF DOOM - Beef Rap

Robert Battalio is currently a professor of Finance at the University of Notre Dame. Robert has also served on the faculty of Georgia State University, as a visiting academic at the Atlanta Federal Reserve Bank, and as the first NASD visiting academic fellow. Robert has consulted for Fidelity, the New York Stock Exchange, LaBranche, Goldman Sachs, NYFIX, NASDR, the Nasdaq Intermarket, Archipelago, Susquehanna, and Knight Securities. His primary area of interest involves the relationship between financial market design and trading costs. He is currently studying whether the post-earnings announcement drift survives transactions costs, who trades on accruals information, trading costs in the equity option market, and price discovery in option markets. Robert’s work has appeared in the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies, among others. Robert has been quoted in the Wall Street Journal, the Dallas Morning News, the Newark Star Ledger, Inc Magazine, Business Week On-Line, the New York Times, the Boston Globe, the Wall Street Letter, Christian Science Monitor, CNNfn, USA Today, Barrons, and Securities Week. GameStop's Shift to Dark Trading Jim Angel's paper Gamestonk: What happened and what to do about it Netflix's Challenger and the very awesome academic paper discussing the Challenger explosion and market efficiency Music sampled from Saweetie - Tap In

On this week's episode, we talk to Jim Sullivan. Professor Sullivan is the Gilbert F. Schaefer College Professor of Economics at Notre Dame.  He has been a visiting scholar at the National Poverty Center and a visiting professor at the University of Chicago, Harris School. His research examines the consumption, saving, and borrowing behavior of poor households, and how welfare and tax policy affects the well-being of the poor. In 2012, with fellow Notre Dame Professor William Evans, Professor Sullivan founded the Wilson Sheehan Lab for Economic Opportunities (LEO). LEO is a research center that works with service providers to identify effective and replicable solutions to reduce poverty in America. Our conversation discusses economics as a social engineering tool and we try to understand where does economics go right, where is it doing okay, and where can economics do better.  For more on Jim's work visit his Google Scholar Page For more information about LEO  Music sampled from Outkast- SpottieOttieDopaliscious

Alison is an alum of and former associate director of advising services in the Mendoza College of Business at Notre Dame. Currently, she splits her time authoring children's books, like "Ready Regan?", and hosting the podcast "The Open Book Test", where she talks to recent Notre Dame grads to discuss why they made the decisions they did as to major, career path etc. and together they reflect on how that all worked out.  Music sampled from Nas - The World is Yours