Economics

A recent study co-led by Julian Martinez-Iriarte tests a new statistical method for estimating unconditional quantile partial effects. Published in the Journal of Econometrics, the paper develops a semi-parametric estimation procedure that connects unconditional quantile effects to conditional quantile regression results. The authors show that, for continuous variables, unconditional effects can …

A new article co-authored by Gerelt Tserenjigmid, published in The Review of Economic Studies, reexamines how economists analyze time-inconsistent preferences by revisiting a study by Laura Blow and colleagues. Tserenjigmid and his co-author show that the earlier test is too permissive and propose a more demanding test based on first-order conditions that better links elasticity […]

Professor Galina Hale co-authored “Financial value of nature: coastal housing markets, mangroves, and climate resilience” for the Review of Finance, which finds that homes in coastal Florida saw smaller price declines after storms when they were near mangrove forests versus homes that were farther from them. The magnitude of home-value declines following major hurricanes that […]

Distinguished Professor Emeritus Daniel Friedman co-published “Allocation among multiple selves” with Zeyu Liu and Simon Weidenholzer in Theory and Decision. It examines a mathematical model of individual decision-making with a Freudian flavor: a central executive system (“Ego”) allocates resources to a “Cold” (or superego) sub-self and an impulsive sub-self with different preferences (“Hot” or I…

Jump to: Letter from the chair | Faculty highlight | Staff highlights | Awards/scholarship highlights | Events recap | Course recommendations | Summer courses | Stay connected As campus comes alive for a new academic year, we are excited to share the fall 2025 edition of the Economics Department’s newsletter. While the past year brought […]

Giancarlo Barcia Fields of Interest: Macroeconomics and Monetary Economics Job Market Paper Title: “Sovereign Spread Volatility and Financial Risk” Faculty references: Galina Hale, Alonso Villacorta Mariana Bessa Fields of Interest: Macroeconomics and Monetary Economics Job Market Paper Title: “Branch Banking Regulations and Financial Stability: A Cross-State Analysis of Depression-Era Banking” F…

Distinguished Professor Emeritus Daniel Friedman co-authored the article “A model of multiple selves” with Zeyu Liu and Simon Weidenholzer, which is forthcoming in Theory and Decision.  The paper proposes a theoretical model reminiscent of Freud’s Ego/Id/Superego, and finds some new behavioral consequences. He also co-authored “Information, Asset Price Volatility, and Liquidity,” Grace Weis…

Professor Galina Hale was the lead author of the article “Pace of adoption of alternatives to animal-source foods is an important factor in reaching climate goals” in Scientific Reports. The article explores how animal agriculture accounts for a large share of food-system emissions, both directly and through the production of animal feed. Global population growth […]

On May 15-16, Distinguished Emeritus Professor Carl Walsh presented “Lessons for the Federal Open Market Committee’s Monetary Policy Strategy” at the 2nd Thomas Laubach Conference held at the Federal Reserve Board in Washington, D.C. The aim of the conference was to solicit input from academic economists as the FOMC, the Fed’s monetary policy committee, reviews […]

Sorry, we do not have any employment opportunities at this time.

Sabeena Bal graduated with her master’s in applied economics and finance from UC Santa Cruz in 2021 and now works as a payroll systems analyst at Pacific Gas and Electric Company (PG&E). She is interested in championing the advancement of women in finance and is part of PG&E’s Diversity, Equity, Inclusion, and Belonging initiatives to […]

This article, co-authored by Dong Wei, examines how price and information discrimination impact seller/consumer markets.

This article, co-authored by Jonathan Robinson and Alan Spearot, uncovers how these variables impact travel costs for villages seeking to improve their agricultural productivity.

This article, co-authored by David Schönholzer, focuses on how small firms struggle to grow, using evidence from a study of commuter minibuses in Kenya.

Below are initial job placements for alumni from UC Santa Cruz’s Ph.D. in Economics program, organized by year of graduation.  2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Professor Galina Hale and Associate Professor Weishi Steadmon co-wrote this 2023 article in the Journal of International Economics, exploring how climate-related risks have increased in recent decades, both in terms of the frequency of extreme weather events and the implementation of climate-change mitigation policies. This paper explores whether multinational firms react to such risks by […]

Assistant Professor Jeremy West published this 2023 research study in the Journal of Environmental Economics and Management, examining how water pollution changes in rural watersheds after Clean Water Act-sponsored projects are implemented. His study finds that projects significantly reducing surface water pollution increase local human population and residential development, as people choose to …

Professor Nirvikar Singh co-wrote this 2023 article in the Review of Income and Wealth, examining short-run dynamics and changing sources of wealth among the Forbes 400 annual list of wealthiest individuals in the United States, before and after the 2008–2009 financial crisis. He analyzes the interaction of the growth of wealth with education, age, and […]