William Nordhaus is Professor of Economics at Yale University and Professor at the Yale School of the Environment . His work bridges economic theory, environmental policy, and macroeconomic analysis, with a focus on climate change, productivity measurement, and non-market accounting systems. 1963 BA, Yale University 1967 PhD, Massachusetts Institute of Technology 1962 Certificat, Institut D'Etudes Politiques (Paris) Nordhaus has pioneered economic modeling of climate change through his DICE/RICE frameworks, developed the G-Econ project mapping geophysical economic activity, and advocated for integrating environmental costs into national accounts. His recent DICE-2023 model emphasizes risk mitigation, carbon pricing, and updated climate projections. Notable awards include the American Economic Association Distinguished Fellow Prize (2004), membership in the National Academy of Sciences , and fellowship in the American Academy of Arts and Sciences . He has held leadership roles at the National Bureau of Economic Research, Congressional Budget Office, and Brookings Panel on Economic Activity. Nordhaus directs the Yale Project on Non-Market Accounting and has contributed to U.S. federal regulation reform, energy efficiency studies, and nuclear energy policy analysis. His affiliations include the G-Econ project and advisory roles on climate committees.
Pierre De Leo is an Assistant Professor in the Department of Economics at the University of Maryland. His research focuses on international macroeconomics, finance, and monetary policy, particularly the role of expectations in identifying economic shocks, exchange rate dynamics, and optimal policy conduct. During Spring 2025, he will also be visiting the Federal Reserve Bank of Boston. Education: PhD and MA in Economics, Boston College BA and MA in Economics (highest honors), University of Milan - Bicocca Research Interests: De Leo explores topics such as exchange rate fluctuations, monetary policy design, and the impact of global investors on bond markets. His work bridges theoretical frameworks with empirical analysis to address policy-relevant questions in open economies, emphasizing the interplay between expectations and macroeconomic outcomes. Recent Articles: His publications analyze themes like the disconnect between short-term interest rates and policy, speculation in emerging markets, and the implications of imperfect exchange rate expectations. These studies highlight his focus on bridging theory and real-world policy challenges. Labs/Teams: No specific labs or teams are explicitly mentioned in the provided texts. However, his research aligns with broader initiatives in international macroeconomics and monetary policy at the University of Maryland.
Junfu Zhang is a Professor of Economics and Department Chair at Clark University. His research focuses on applied microeconomics, particularly urban and regional economics, with an emphasis on urbanization in China, entrepreneurship, regional development, and racial housing segregation. He holds a B.A. from Renmin University of China (1993), and M.A. and Ph.D. from Johns Hopkins University (1999, 2001). Prior to joining Clark in 2006, he was a research fellow at the Public Policy Institute of California and a Brookings Institution fellow (2000–2001). He has been an IZA Research Fellow since 2007 and served as President of the Chinese Economists Society (2019–2020). Education: B.A., International Economics, Renmin University of China, 1993 M.A., Economics, Clark University, 1997 M.A., Economics, Johns Hopkins University, 1999 Ph.D., Economics, Johns Hopkins University, 2001 Research Interests: Dr. Zhang's research explores urbanization dynamics in China, including land use policies, housing tenure systems, and economic segregation. His work also addresses entrepreneurship, high-tech industrial clusters, and the economic impacts of urbanization. Recent studies include analyses of land regulation, Super Bowl economic effects, and gender competition in labor markets. Recent Research Trends: His articles reflect a focus on China's socio-economic challenges, such as urban land policies, housing wealth effects, and regional development disparities. Collaborative projects with institutions like IZA and CES highlight interdisciplinary engagement. Awards and Affiliations: IZA Research Fellow (2007–present) Former President, Chinese Economists Society (2019–2020) Advising and Grants: No specific grant or student advising details are listed, though his research often involves collaborative teams. His work is supported by institutional affiliations and academic networks. Labs and Teams: No dedicated labs are mentioned, but his research engages interdisciplinary teams focusing on urban economics and regional policy.
Todd Sorensen is an Associate Teaching Professor at the University of California, Merced (UC Merced), affiliated with the School of Social Sciences, Humanities & Arts and the Economics and Business Management department. He holds fellowships at IZA (Institute of Labor Economics) and GLO (Global Labor Organization). Prior to UC Merced, he served as an Associate Professor at the University of Nevada, Reno (2014–2023) and an Assistant Professor at UC Riverside (2007–2014). His professional journey includes a visiting role as Visiting Associate Professor at UC Merced before his current appointment in 2022. Education: PhD in Economics, University of Arizona, 2007 Research Interests: Todd's work focuses on labor market structures , exploring topics like monopsony power and wage-setting dynamics; immigration , including its demographic and policy implications; and discrimination , particularly in criminal sentencing and labor markets. His research has been published in journals like ILR Review , Labour Economics , and the Journal of Population Economics , with findings cited in the U.S. Economic Report of the President. Scientific Awards: Fellow at IZA (2022–present) Fellow at GLO (2022–present) Advising & Grants: Todd has advised students across various levels but no specific advisees are listed. His grants and funding sources are not detailed in the provided text. He collaborates with interdisciplinary teams and maintains affiliations across UC campuses through his and his spouse’s academic careers. Labs/Teams: Engaged with research networks at IZA and GLO, focusing on labor market policies and migration studies. Active in collaborative projects analyzing immigration trends, labor market competition, and discrimination metrics.
Massachusetts Institute of TechnologyUnited States
Christopher J. Palmer is an Associate Professor of Finance at the MIT Sloan School of Management, specializing in financial decision-making, credit markets, and policy interventions. His research focuses on how individuals and institutions respond to economic upheavals in areas like bankruptcy, retirement savings, and real estate. He holds a PhD in Economics from MIT and a BA in Economics and Mathematics from Brigham Young University. Palmer’s work has been published in top journals such as the American Economic Review , Journal of Finance , and Review of Financial Studies . He explores topics including racial disparities in bankruptcy outcomes, consumer payment behavior, and the effects of quantitative easing. His research is supported by affiliations with the National Bureau of Economic Research (NBER) and the Jameel Poverty Action Lab (J-PAL). Key honors include the 2022 Jamieson Prize and the 2019 Society for Financial Studies Best Paper Award. Palmer has contributed to public debates on policy issues like rent control and retirement savings through media outlets such as The New York Times , Bloomberg , and Vox .
Wei Xiang is an Assistant Professor of Economics at the University of Michigan's Department of Economics, housed within the College of Literature, Science, and the Arts. He earned his Ph.D. in Economics from Yale University in 2024, focusing on international trade, macroeconomics, and environmental economics. His research bridges economic theory with applied analyses, addressing global trade dynamics, macroeconomic policies, and environmental sustainability. Education: Ph.D. in Economics, Yale University (2024). Research Interests: His work explores the intersection of international trade policies, macroeconomic stability, and environmental regulations. He examines how trade agreements influence economic growth and environmental outcomes, with a focus on empirical methodologies to assess policy impacts. Additionally, he investigates macroeconomic models to understand global economic fluctuations and their implications for sustainable development. Publications: His recent articles highlight contributions to vehicle communication systems, signal processing, and wireless technologies, reflecting interdisciplinary engagement with engineering applications. These include real-time prediction models for GPS errors and beamforming optimization in vehicular networks. Labs/Teams: Not explicitly stated, but his research collaborations likely involve interdisciplinary teams in economics, engineering, and environmental science.
University of California , Santa Barbara (UCSB)United States
Refet S. Gürkaynak is a Professor of Economics at Bilkent University and a Research Fellow at the Center for Economic Policy Research (CEPR), where he directs the Monetary Economics and Fluctuations Program. He holds a BA in Economics from Bilkent University and a PhD in Economics from Princeton University. His research focuses on monetary economics, financial markets, and international economics, particularly on extracting monetary policy insights from asset prices. His work has appeared in top journals like the Journal of Monetary Economics , Review of Economics and Statistics , and American Economic Review . Research Interests Monetary Policy Transmission Financial Market Reactions Inflation Dynamics ECB Policy Communication Post-Crisis Economic Modeling Scientific Awards & Grants Central Bank of Turkey Award European Central Bank Award Turkish Academy of Sciences Award ERC Grant Consulting & Affiliations Consultant to multiple central banks Director, Monetary Economics and Fluctuations Program at CEPR Former Economist, Federal Reserve Board's Monetary Affairs Division
Nikolai Roussanov is the Moise Y. Safra Associate Professor of Finance at the Wharton School, University of Pennsylvania, and a Faculty Research Fellow at the National Bureau of Economic Research. His research spans asset pricing, econometrics, household finance, and macroeconomics, with a focus on market dynamics and behavioral economic factors. His research interests include: Asset pricing anomalies and risk factor modeling Household financial decision-making under uncertainty Macroeconomic impacts on commodity and currency markets Behavioral finance and mental accounting mechanisms Recent publications analyze inflation risks across asset classes, corporate bond valuation, behavioral retirement strategies, and the role of leisure economics in declining work hours. His work frequently integrates empirical finance and econometric methodologies. Scientific contributions include: Faculty Research Fellow, National Bureau of Economic Research His scholarship bridges technical financial modeling with real-world economic phenomena, covering topics like oil price shocks, mortgage liquidity, and systemic market failures.
Zhi Da is the Howard J. and Geraldine F. Korth Chair in Finance and Professor of Finance at the University of Notre Dame , Mendoza College of Business, Department of Finance. He completed his Ph.D. in Finance at Northwestern University’s Kellogg School of Management (2006), preceded by an M.Sc. in Financial Engineering from the National University of Singapore (2001) and a B.B.A. with First-Class Honors (1999) from the same institution. Holding editorial roles at Journal of Finance , Management Science , Review of Financial Studies and several other top journals, he is a leading voice in empirical finance research. Education Ph.D. in Finance, 2006 – Kellogg School of Management, Northwestern University M.Sc. in Financial Engineering, 2001 – National University of Singapore B.B.A. (1st Class Honors), 1999 – National University of Singapore Research Interests Zhi Da’s scholarship sits at the intersection of asset pricing , behavioral finance , and market microstructure . He investigates how investor attention, institutional trading, liquidity frictions, and information flows jointly determine the cross-section of expected returns. His work delves into retail margin trading, the role of pension-fund flows in exchange-rate dynamics, the informational content of SEC filings, and the efficiency of short-selling mechanisms. By combining large-scale data analytics, textual analysis, and structural modeling, he uncovers novel predictors of returns ranging from presidential approval ratings to real-time attention measures. Recent projects explore fractional trading ’s impact on price efficiency, hedging demand as a driver of intraday momentum, and the hidden effort problem in delegated portfolio management. These themes collectively advance our understanding of limits to arbitrage and the formation of extrapolative beliefs. Publication Landscape Spanning 2025 back to 2009, his 15 most recent articles in Journal of Finance , Review of Financial Studies , Management Science , Journal of Financial Economics , and Journal of Financial and Quantitative Analysis converge on three broad motifs: (1) micro-level trading frictions—liquidity costs, margin requirements, and short-selling constraints; (2) macro-finance linkages—exchange rates, fiscal policy, and global capital flows; and (3) information economics—attention allocation, media analytics, and regulatory disclosures. The collective evidence demonstrates that seemingly small trading or informational frictions aggregate into large, persistent cross-sectional return predictability. Honors and Awards 2017 William F. Sharpe Award for Best Paper, Journal of Financial and Quantitative Analysis Lead-article distinctions in Journal of Finance , Review of Financial Studies , and Management Science Featured coverage in SmartMoney and CNBC Teaching & Mentorship At Notre Dame’s Mendoza College, Professor Da teaches Investments (undergraduate and MBA) and Fixed Income Securities , integrating cutting-edge research insights into the curriculum. While specific advisees are not listed, his extensive co-author network (22+ recurring collaborators) attests to a vibrant mentoring environment. Laboratory & Data Resources He publicly distributes the NAT (Net Arbitrage Trading) dataset, a stock-quarter panel of arbitrage positions used in Chen, Da & Huang (2019). This resource has become a standard tool for researchers studying arbitrage capital movements.
Stephen Marglin is the Walter S. Barker Professor of Economics at Harvard University, Department of Economics. His research critically examines foundational assumptions of economics, particularly how economic theories marginalize community and cultural values. He explores labor-surplus economies, cost-benefit analysis, and macroeconomic adjustment processes. His work challenges mainstream economics through publications like The Dismal Science: How Thinking Like an Economist Undermines Community (2008). Marglin also advises governments and international agencies on economic policy, including recent tax reform work in Puerto Rico. His teaching integrates standard economics with critical perspectives, focusing on modernity's cultural impact and globalization. Research interests include development economics, economic theory, and the interplay between economic systems and cultural values. His articles span Keynesian theory reinterpretation, labor dynamics, and critiques of neoclassical economics. Marglin collaborates with his spouse, anthropologist Frédérique Apffel-Marglin, blending economic and cultural analyses. Personal interests include gardening, animal husbandry, and family life. He has held roles such as adviser to governments and institutions, emphasizing policy relevance. His academic contributions are translated into multiple languages, reflecting global influence.
Chen Lian is an Assistant Professor in the Department of Economics at UC Berkeley. Holding a PhD from MIT, their research bridges macroeconomics, behavioral economics, and finance, with a focus on bounded rationality, monetary theory, and macro-finance interactions. Education: PhD in Economics, MIT Chen’s work explores how incomplete information and behavioral biases shape macroeconomic outcomes. Key themes include inflation effects on households, fiscal-monetary policy interactions, and financial stress dynamics. They employ heterogeneous-agent models and analyze how micro-level shocks propagate through the economy. Their publications and working papers address topics like credit cycles, demand shock propagation, and the psychological underpinnings of economic decisions. Papers such as Low Interest Rates and Risk Taking (2019) and Confidence and the Propagation of Demand Shocks (2022) highlight their interdisciplinary approach.
You-il (Chris) Park is an Associate Professor of Accounting at the University of Hawaii at Manoa’s Shidler College of Business, serving as Co-Chair of the Hawaii Accounting Research Conference (HARC) and Hawaii Accounting Research Doctoral Institute (HARDI). He holds the Accuity LLP Accounting Faculty Fellowship and coordinates the Accounting Ph.D. program. His research focuses on archival, economics-based studies examining how accounting standards, regulations, and corporate governance influence financial reporting, capital markets, and managerial decisions. Professor Park holds a Ph.D. in Business Administration (Accounting) from Duke University’s Fuqua School of Business, an M.A. in Economics from Duke University, and a B.S. in Management with Highest Honor and an Accounting Certificate from Georgia Institute of Technology’s Scheller College of Business. Prior to academia, he worked as an internal auditor at Georgia Power & Southern Company and as a computer programmer in the Republic of Korea Air Force. His research interests span topics such as IFRS impact on macroeconomics, credit rating affirmations, audit quality, and data analytics in operational efficiency. His work appears in top journals like The Accounting Review and Contemporary Accounting Research. Professor Park has received numerous accolades for teaching excellence, including the Presidential Citation for Meritorious Teaching (2025), Shidler College Professor of the Semester awards (2022–2025), and multiple nominations for the Board of Regents Medal for Teaching. His professional service includes roles as a doctoral consortium fellow and reviewer for prestigious journals. He actively contributes to academic communities through HARC and HARDI, fostering research collaboration and mentoring doctoral students. His curriculum development includes courses such as Accounting Capstone and Ph.D. seminars, emphasizing practical and theoretical mastery.
Wei Xiong is the Hugh Leander and Mary Trumbull Adams Professor in Finance and Professor of Economics at Princeton University, affiliated with the Department of Economics and Bendheim Center for Finance. His research centers on behavioral finance and capital market imperfections with a focus on China's financial system and commodity markets. His educational background includes: Ph.D. in Finance from Duke University (2001) B.S. in Physics from University of Science and Technology of China (1993) Research Interests: Professor Xiong's work fundamentally explores behavioral finance and capital market imperfections , pioneering studies on speculative bubbles , heterogeneous beliefs in asset pricing , and financing frictions . His recent scholarship critically examines the financialization of commodity markets , belief distortions during financial crises , and the unique institutional dynamics of China's hybrid economy , where state and market forces interact. Publication Trends: Xiong's 48 publications in top-tier journals reveal an evolving trajectory from classical behavioral finance (2001-2013) toward contemporary China-focused systemic analysis (2017-2025). Recent works integrate cryptocurrency economics, real estate risk management, and policy design in emerging markets, demonstrating methodological rigor through structural modeling and empirical analysis of large-scale financial datasets. Scientific Awards: 2012 Smith Breeden Award (first prize) for the best non-corporate finance paper published in Journal of Finance 2013 NASDAQ OMX Award for the best asset pricing paper presented in Western Finance Association Meetings Professional Activities: As NBER research associate and former Management Science finance editor (2009-2011), Xiong bridges academia and policy. He co-founded VoxChina.org to foster China-world economic dialogue and co-edited The Handbook of China’s Financial System (Princeton University Press). His keynote addresses at major conferences—including the 2024 Chinese Economists Society meeting on “Information Discovery in a Hybrid Economy”—demonstrate sustained policy influence. Labs and Initiatives: Xiong leads Princeton's Bendheim Center for Finance research initiatives and directs VoxChina.org, which produces influential policy analyses on China's economy. His recent work includes the NBER-commissioned study on commodity market risks and ongoing projects examining big tech lending models and data privacy impacts on digital finance.
Pol Antràs serves as the Robert G. Ory Professor of Economics at Harvard University, where he has been a faculty member since 2003. He holds significant research affiliations as a Research Associate at the National Bureau of Economic Research (NBER), where he directed the International Trade and Organization Working Group, and as a Research Affiliate at the Centre for Economic Policy Research (CEPR). He also contributes to the Barcelona School of Economics as a member of its Scientific Council. His academic foundation includes a BA and MSc in Economics from Universitat Pompeu Fabra in Barcelona and a PhD in Economics from MIT (2003). Antràs specializes in international economics and applied theory, with recent research focusing on global value chains, the interplay between globalization and interest rates, market power in global markets, and international relations. His work examines how firms organize cross-border production, the implications for trade policy, and the structural transformations in international trade following events like pandemics. He bridges rigorous theoretical modeling with empirical analysis to address contemporary economic challenges. His publication record reveals a sustained focus on the evolution of global trade architecture, particularly the rise of production networks and their vulnerability to disruptions. Recent work explores unconventional intersections such as monetary policy's impact on trade flows and the political economy of ideology-driven foreign influence. His major scientific distinctions include: Alfred P. Sloan Research Fellowship (2007) Fundación Banco Herrero Prize (2009) Fellow of the Econometric Society (2015) Member of the American Academy of Arts and Sciences (2024) As Editor of the Quarterly Journal of Economics (2015-2020) and contributor to multiple editorial boards, Antràs shapes scholarly discourse in economics. His research is institutionally supported through NBER and CEPR affiliations, though specific grant details aren't publicly itemized. He maintains an active role in mentoring graduate students at Harvard. He drives collaborative research through leadership in the NBER's International Trade and Organization Working Group and CEPR's research networks, fostering international scholarly exchange on trade and globalization.
Massachusetts Institute of TechnologyUnited States
Ricardo Caballero is the Ford International Professor of Economics at the Massachusetts Institute of Technology's School of Humanities, Arts, and Social Sciences, where he previously served as Chairman of the Economics Department from 2008 to 2011. A leading scholar in macroeconomics and financial economics, his research focuses on safe assets, monetary policy, financial crises, and international economics. His research interests center on the macroeconomic implications of financial frictions, with particular emphasis on safe asset shortages, risk premium dynamics, and monetary policy transmission mechanisms. Caballero's work has pioneered the risk-centric approach to macroeconomics, explaining phenomena such as the Wall Street/Main Street disconnect, global imbalances, and the collapse of interest rates through the lens of safe asset scarcity and risk intolerance. His research bridges theoretical modeling with empirical analysis of financial crises and policy interventions. Caballero's recent publications demonstrate a consistent focus on financial conditions indexing, monetary policy frameworks, and the interaction between financial markets and the real economy. His work increasingly examines how central banks can target financial conditions directly and how risk premia evolve during crises, with applications to pandemic-era economic policy and zero lower bound environments. 2002 Frisch Medal of the Econometric Society Smith Breeden Prize by the American Finance Association Journal of Finance 2014 Brattle Group Prize 2022 Banque de France-TSE Senior Prize in Monetary Economics and Finance Elected Fellow of the Econometric Society (1998) Elected Fellow of the American Academy of Arts and Sciences (2010) As an NBER Research Associate and frequent policy advisor, Caballero has influenced central bank thinking globally through his work on financial stability, monetary policy frameworks, and global imbalances. His research has informed policy discussions at the Federal Reserve, IMF, and multiple central banks regarding crisis management, safe asset creation, and the appropriate monetary response to financial shocks. Caballero maintains active collaborations with major financial institutions and central banks worldwide, translating theoretical insights into practical policy frameworks.
