Economics Department Seminars – 2008-09 Neil Olitsky, University of Massachusetts – Dartmouth April 3, 2009 1:30pm KoBC 346 Presentation: “Academic Achievement and the College Major Earnings Differential” Vitaliy Strohush, Boston College March 12, 2009 3:30pm, KoBC 300 John Hejkal, University of Iowa February 18, 2009 9:30am, KoBC 204 Justin Dubas, St. Norbert College February 17, 2008 9:30am, KoBC 300 Katy Rouse, University of North Carolina - Chapel Hill February 12, 2009 1:30pm, KoBC 300 Jake Gramlich, Yale University February 5, 2009 9:30am, KoBC 300 Robert Tamura, Clemson University September 25, 2008 4:15pm, KoBC 237 Presentation: "Fertility Declines, Baby Booms and Economic Growth: Evidence from the United States and 20 other countries" PDF version of the paper Abstract: We present a model capable of explaining 200 years of declining fertility, 200 years of rising educational achievement and a significant Baby Boom for the United States and twenty other industrialized market countries. We highlight the importance of secularly declining young adult mortality risk for producing secularly declining fertility and a sudden decline in housing costs after the end of the Second World War, but ending by 1970. Robert received his PhD in 1988 from the University of Chicago. He has held positions with the Clemson University, the Federal Reserve Bank of Atlanta, and the University of Iowa. His research topics include long run economic growth, fertility, and education. Richard Green, University of Southern California October 23, 2008 6:30pm, KoBC 101 Presentation: "The Real Estate and Credit Meltdown - how did we get here?" PDF Version of the Paper Richard Green is the Director of the USC Lusk Center for Real Estate. He holds the Lusk Chair in Real Estate and is Professor in the School of Policy, Planning, and Development and the Marshall School of Business. Richard received his PhD in 1990 from the University of Wisconsin. He has held positions with the University of Wisconsin, Freddie Mac, and the University of Pennsylvania. He has published extensively in the economics of housing, urban development and mortgages. Oliver Lorz, Univeristy of Aachen (Germany) November 13, 2008 4:15pm KoBC 211 Presentation: "Enlargement vs. Deepening: The Trade-off Facing Economic Unions" PDF Version of the Paper Abstract This paper analyzes the relationship between the size of an economic union and the extent of policy centralization. We consider a political economy setting where elected representatives determine the degree of policy centralization. In our model strategic delegation affects the identity of the representatives and hence the equilibrium policy outcome. We show that the relationship between the size of the union and the degree of policy centralization may be nonmonotonic: Up to a certain size of the union enlargement leads to deeper integration, whereas beyond that size further enlargement implies a decrease in policy centralization. We also analyze whether allowing for differing degrees of integration welfare-dominates outcomes with uniform centralization levels. Oliver Lorz is Chair of the International Economics at the University Aachen RWTH in Aachen, Germany. His recent research interests are in the areas of capital mobility and taxation.