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Economics Department Newsletter
April 26, 2016
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Upcoming Events:
Economics Student Brown Bag Discussion
Wednesday, April 27
12:30pm; Schapiro 309
Professors Gibson and Godlonton will be speaking about current research projects. Professor Gibson will talk about his research on "Sleep, Rest, and Fatal Accidents in U.S. Trucking." Professor Godlonton will discuss her project, "An Experimental Exploration of Remittances and Earned and Unearned Income: Evidence from Malawi." Each professor will speak for 15-20 minutes (Gibson then Godlonton), followed by time for questions. They will each highlight how they came to these research topics, what have been the difficulties in undertaking their studies, and what are the findings. Feel free to invite friends and bring a lunch.
Economics Department Seminar
Wednesday, April 27
4:00pm; Griffin 7
The Long Term Effects of Financial Aid: Evidence from the Cal Grant by Laura Kawano, U.S. Department of Treasury
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Meet the Alum:
Yvonne Hao, Class of 1995
"I am currently an Operating Partner in the North American Private Equity group at Bain Capital. In my role, I work closely with the CEOs and management teams of the companies we invest in, and often serve on the Boards. My involvement spans the companies’ strategy, operations, organization, M&A, and capital structure. I came to this role through several other steps. After graduating from Williams with an Econ major, I won the Herchel Smith fellowship to study Economics in Cambridge, England. From there, I went to McKinsey doing consulting, and then joined Honeywell and ended up running a ~2B business there before coming to Bain Capital. My economics courses at Williams have been incredibly useful in all these steps. For example, in my companies, we discuss issues that deal with microeconomics, such as pricing or incentives or supply/demand. And, I often think about strategy in my companies through a macro-lens on topics such as growth, inflation, and trade. Most of all, the tools of economics around structured thinking and problem solving are fundamental to all of business. I am very grateful for the incredible professors at Williams for everything they have taught me."
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Meet the Thesis Writer:
Andrew Udell
"My thesis estimates the impact of Airbnb activity on housing prices in New York City. I am looking at this problem from both a quantitative and theoretical angle to help us understand the welfare implications of increasing Airbnb usage, and more generally, the impact of 'innovative' firms entering highly constrained markets. Next year, I will be working at Dropbox as part of their rotation program."
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