Department of Economics
Congratulations to PhD student Veeshan Rayamajhee! He will be awarded the 2018 Don Lavoie Memorial Graduate Student Paper Award at the Southern Economic Association meeting in November. Paper: “Social capital, trust, and collective action in post-earthquake Nepal,” Veeshan Rayamajhee and Alok K. Bohara. The paper was based on the field research survey done by NSC at the site hard hit by the 2015 mega EQ that took place in Nepal. Veeshan spent one month on the field in that village last summer (2017) collecting the data.
PhD Student Rajan Bishwakarma and Assistant Professor Kira Villa had their paper, "First Come, First Served?: Birth Order Effects on Health Status", accepted for publication in: Journal of Demographic Economics
The New Mexico Economics community joins in celebrating the selection of Albuquerque native, and Yale Economics Professor, William Nordhaus as the 2018 recipient of the Nobel in Economics; he shared the prize for his work on the economics of global warming and climate change. His work serves as inspiration for all of us to address important global challenges. https://www.abqjournal.com/1230995/abq-native-awarded-nobel-in-economics.html
2002 Graduate, Dr. Alejandro Islas-Camargo and another coauthor at ITAM had Chapter 4 in Health Economics published. [Translated in Spanish Language] ¿Existe un apresuramiento en la muerte de personas frágiles de salud como respuesta a un incremento de partículas suspendidas en el aire en tres áreas socioeconómicamente desiguales de la Zona Metropolitana del Valle de México?
Recent graduate, Dr. Soumi Chowdhury, and 2012 graduate Dr. Hari Katuwal, and coauthors had their paper "The Impact of Ritual Bathing in a Holy Hindu River on Water-Borne Diseases," published in The Developing Economics. Wiley Online Library.
Professor Alok Bohara and PhD Candidate, Veeshan Rayamajhee had their paper "Do voluntary associations reduce hunger? An empirical exploration of the social capital-food security nexus among food impoverished households in western Nepal" published in Food Security: The Science, Sociology and Economics of Food Production and Access to Food.
Professor Alok Bohara and PhD Candidate, Veeshan Rayamajhee had their paper "Natural disaster damages and their link to coping strategy choices: Field survey findings from post-earthquake Nepal" published in the Journal of International Development
Professor Robert Berrens has accepted an invitation to join the editorial board of the journal, Sustainability, published by MDPI.
Assistant Professor Xiaoxue Li had a sole-authored article entitled “Improving the Labor Market Outcomes of US Veterans: the Long-Run Effect of the Transition Assistance Program” accepted for publication in Defence and Peace Economics.
Assistant Professor Sarah Stith and UNM Colleague Jacob Vigil have their collaborative research on medical cannibis featured in the news:
Professor Janie Chermak, and assistant professor Ben Jones, are part of a large 5 year, multi-disciplinary, multi-institutional NSF EPSCoR grant that UNM has secured to help modernize the electricity grid:
Assistant Professor Kira Villa, with coauthors Catalina Herrera and David Sahn, had their article, "Teen Fertility and Female Employment Outcomes: Evidence from Madagascar" accepted for publication at Journal of African Econonmies.
Professor Christine Sauer was quoted in a WalletHub piece about the Fed rate hike. You can find it here: https://wallethub.com/edu/fed-rate-hike-survey/48053/#expert=christine-sauer
Research Professor Richard Bernknopf had the following co-authored paper published in the American Journal of Agricultural Economics, "Kuwayama, Y. A. Thompson, R. Bernknopf, B. Zaitchik and P. Vail 2018. "Estimating the Impact of Drought on Agriculture Using the Drought Monitor".
Justin Whetton (Recent PhD graduate), Matias Fontenla (Associate Professor) and Kira Villa (Assistant Professor) had the following paper" Opportunities for Higher Education: The Ten-Year Effects of Conditional Cash Transfers on
Upper-Secondary and Tertiary Enrollments", accepted in the Oxford Development Studies Journal.
Assistant Professor Ben Jones had the following sole-authored paper, "Tree Shade, Temperature, and Human Health: Evidence from Invasive Species-Induced Deforestation," accepted for publication at Ecological Economics.
Assistant Professor Ben Jones had the following sole-authored paper, "Forest-Attacking Invasive Species and Infant Health: Evidence from the Invasive Emerald Ash Borer," accepted for publication in the journal, Ecological Economics.
The UNM Economics Department is launching a fully online economics minor this Fall 2018 as part of UNM's Managed Online Program (MOP). Check out the Economics MOP webpate and the brand new video, starring our Economics faculty colleague Dave Dixon: http://unmonline.unm.edu/programs/supporting-curriculum/index.html
Assistant Professor David van der Goes, Economics PhD student Veeshan Rayamajhee and their co-authors had their paper "An Iron Triangle ROI Model for Healthcare.” published in ClinicoEconomics and Outcomes Research Journal
Evaluation Lab's Inaugural Summer Institute, lead by Associate Professor Melissa Binder, was covered by UNM News: https://news.unm.edu/news/inaugural-summer-institute-draws-statewide-support
Assistant Professor Sarah Stith and her colleagues had the following paper accepted: "The Role of Cannabis within an Emerging Perspective on Schizophrenia." Authors: Jegason Diviant, Jacob Vigil, Sarah Stith. Journal: Medicines
Assistant Professor David van der Goes and Professor Richard Santos had their paper, "Determinants of Private Health Insurance Coverage among Mexican American Men 2010-2013” accepted for publication at: Journal of Medical Economics.
Assistant Professor Ben Jones and Professor of Practice John Fleck had their paper, "Urban Trees and Water Use in Arid Climates: Insights from an Integrated Bioeconomic-Health Model," accepted for publication at: Water Economics and Policy.
Assistant Professor Sarah Stith and her co-authors had the following paper accepted for publication: "Patient-Reported Symptom Relief Following Medical Cannabis Consumption under Naturalistic Conditions" by S. Stith, J. Vigil, F. Brockelman, K. Keeling, B. Hall. Journal: Frontiers in Pharmacology
Recent Phd Graduate Chris Erwin and Associate Professor Melissa Binder had their paper, "Does Broad-Based Merit Aid Improve College Completion? Evidence from New Mexico's Lottery Scholarship" accepted at Education Finance and Policy. It became available on line last week at: www.mitpressjournals.org/doi/abs/10.1162/edfp_a_00270
Assistant Professor Sarah Stith and her co-authors had their paper, Vigil, J., S. Stith et al., "Effectiveness of Raw, Natural Medical Cannabis Flower for Treating Insomnia under Naturalistic Conditions." accepted for publication in: Medicines.
Dr. Jay Coggins
October 19, 2018
Climate Geoengineering and its Effect on Global GDP
As the threat of a warming climate continues to grow, and progress toward mitigation solutions remains slow, climate geoengineering is receiving increased attention as a possible solution. Estimates of the potential effect on economic outcomes remain scarce. In this paper we combine state-of-the-science projections of the effect of various levels of stratospheric sulfate injection, from zero to 50 million tons per year over the period 2020--2100, on annual average temperatures around the globe. Using a macroeconomic model from the literature (Burke et al. 2015), these temperature effects are then turned into estimates of GDP by country. Relative to a business-as-usual baseline described by RCP8.5, we find that the potential economic benefits of geoengineering are substantial, in the tens of trillions of 2015 dollars per year. Uncertainty around our projections is also substantial, and we do not account for possible down-side risks such as effects on human health, agriculture, and ecosystems. These damages would have to be quite large to offset the potential benefits of large cooling effects.
All Seminars are located in the Economics Dept, Room 1002 from 2:00p - 3:30p. Speakers and dates are subject to change.