Global Economics and Management


From the GEM Chair

Welcome to the Global Economics and Management Ph.D. program. When you join our group of scholars you will find an environment that values intellectual rigor, strong empirical and theoretical skills, and a commitment to the highest standards in research and teaching. The faculty works very closely with Ph.D. students: our door will always be open to you. Our placement record is strong, with graduates of our program holding faculty positions at the Harvard Business School, the Yale School of Management and the Yale Department of Economics, as well as research positions at top governmental and international organizations such as the IMF, the World Bank and the Federal Reserve Board."

Romain Wacziarg, Ph.D.
Professor of Economics, Hans Hufschmid Chair in Management

Milestone Publications

Author: Ed Leamer
Title: Specification Searches: Ad Hoc Inferences with Non Experimental Data
Published: 1978, John Wiley & Sons

Professor Ed Leamer wrote the economics (metastatistics) book Specification Searches: Ad Hoc Inferences with Non Experimental Data. The influential work, published in 1978 by John Wiley and Sons, Inc., defined a radically new approach to inference with nonexperimental data when the statistical model is ambiguously defined. The book examines the process of model searching and its implications for inference.

Authors: Romain Wacziarg (with Enrico Spolare)
Title: “The Diffusion of Development”
Published: Quarterly Journal of Economics, 2009

Professor of Economics and GEM Area Chair Romain Wacziarg published a key paper on genetic distance and differences in income per capita across countries entitled “The Diffusion of Development” with Enrico Spolaore. The 2009 paper appeared in Quarterly Journal of Economics.

Authors: Nico Voigtlander (with Joachim Voth)
Title: “Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany.”
Published: Quarterly Journal of Economics, 2013

Professor Nico Voigtlander (together with Joachim Voth) wrote the recent, widely-discussed paper “Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany.” The work, published in Quarterly Journal of Economics, 2013, 127 (3): 1339-1392, examines the persistency of cultural traits utilizing data on anti-Semitism in Germany, finding continuity at the local level over more than half a millennium.

Author: Sebastian Edwards
Title: Left Behind: Latin America and the False Promise of Populism
Published: 201, University of Chicago Press

Professor Sebastian Edwards’ 2010 book Left Behind: Latin America and the False Promise of Populism was published by University of Chicago Press and was well-received by the global academic community. The book explains why the nations of Latin America have failed to share in the fruits of globalization and forcefully highlights the dangers of the recent turn to economic populism in the region. You can read more about the book and UCLA Anderson’s Professor Edwards, the Henry Ford II Professor of International Economics, in the link below.

Authors: Paolo Giuliano (with Alberto Alesina and Nathan Nunn)
Title: “On the Origins of Gender Roles: Women and the Plough”
Published: Quarterly Journal of Economics, 2013

Assistant Professor of Economics Paolo Giuliano won the IPUMS Research Award for her paper “On the Origins of Gender Roles: Women and the Plough” (with Alberto Alesina and Nathan Nunn.) It appeared in Quarterly Journal of Economics, 2013. The paper finds that, consistent with existing hypotheses, the descendants of societies that traditionally practiced plough agriculture, today have lower rates of female participation in the workplace, in politics, and in entrepreneurial activities, as well as a greater prevalence of attitudes favoring gender inequality.

Alumni Success


Anusha Chari (’00)

Professor of Economics, University of North Carolina, Chapel Hill

Dissertation: Essays in International Finance

Anusha Chari's most recent work uses firm-level data to examine the effects of financial globalization on topics such as outbound FDI from emerging markets, the political economy of protectionism, the rate of return to capital in capital-poor countries, and the evolution of India's industrial composition following liberalization. Her paper "Risk Sharing and Asset Prices: Evidence from a Natural Experiment" was nominated for the Smith Breeden prize for the best paper published in Journal of Finance.

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Mitsuru Igami (’12)

Assistant Professor of Economics, Yale University

Dissertation: Three Essays on Creative Destruction

Mitsuru Igami's research focuses on the strategic industry dynamics of creative destruction, including innovation and productivity, market entry and exit, and mergers and acquisitions. As a graduate student, he won numerous fellowships and grants, as well as the Xavier Drèze Prize for best paper. He recently co-authored Unobserved Heterogeneity in Dynamic Games: Cannibalization and Preemptive Entry of Hamburger Chains in Canada, published in Quantitative Economics.

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Peter K. Schott (’99)

Juan Trippe Professor of International Economics, Yale School of Management

Dissertation: Three Essays on Factor Endowments, the Distribution of Production, and Trade

Peter Schott was recently named Juan Trippe Professor of International Economics at the Yale School of Management and holds a joint appointment in Yale University's Department of Economics. His research has appeared in academic outlets and popular media, including the New Yorker, the Economist, the New York Times, the Wall Street Journal and the Harvard Business Review. While at UCLA Anderson he coauthored, with Ed Leamer, "Does Natural Resource Abundance Increase Latin American Income Inequality?"

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Juan Marcos Wlasiuk (’13)

Senior Economist, Central Bank of Chile

Dissertation: Essays on International Development

In his paper "The Mechanics of Real Undervaluation and Growth" Juan Marcos Wlasiuk examines the question of whether China manipulates its real exchange rate (RER) in order to improve its exports and boost growth. He proposes a three-sector model with labor market frictions that explains how a policy aimed at increasing domestic savings and depreciating the RER can generate real growth through a reallocation of workers from a low-productivity traditional sector into a high-productivity manufacturing sector.

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