{"id":1976,"date":"2019-03-12T16:35:50","date_gmt":"2019-03-12T23:35:50","guid":{"rendered":"https:\/\/economics.ucr.edu\/?page_id=1976"},"modified":"2025-12-18T19:24:37","modified_gmt":"2025-12-19T03:24:37","slug":"homepage","status":"publish","type":"page","link":"https:\/\/economics.ucr.edu\/","title":{"rendered":"Homepage"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-background-position:left top;--awb-border-sizes-top:0px;--awb-border-sizes-bottom:0px;--awb-border-sizes-left:0px;--awb-border-sizes-right:0px;--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-top:50px;--awb-background-color:#ffffff;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_3_5 3_5 fusion-three-fifth fusion-column-first\" style=\"--awb-bg-size:cover;width:60%;width:calc(60% - ( ( 5% ) * 0.6 ) );margin-right: 5%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-column-content-centered\"><div class=\"fusion-column-content\"><div class=\"fusion-text fusion-text-1\"><h3>WELCOME TO THE UCR DEPARTMENT OF ECONOMICS<\/h3>\n<\/div><div class=\"fusion-text fusion-text-2\"><p>At the undergraduate level, the Department offers B.A. majors in economics; business economics; economics and administrative studies; and economics, law and society. At the graduate level we offer a Ph.D. in economics. All of our programs provide students a comprehensive training in modern economic theory, empirical techniques and policy evaluations as well as opportunities to take courses in a wide range of areas of specialization.<\/p>\n<p>The Department includes faculty experts in microeconomics, macroeconomics, econometrics, economic development, international economics, labor economics, money, credit and business cycles, resource and environmental economics and public economics. Their research is in theory as well as applied to policy issues. For more information see\u00a0<a href=\"https:\/\/economics.ucr.edu\/faculty\/\">Faculty Research<\/a>.<\/p>\n<\/div><div class=\"fusion-text fusion-text-3\"><h3><strong>M.A. in Applied Economics, coming in Fall 2027<\/strong><\/h3>\n<\/div><div class=\"fusion-text fusion-text-4\"><div dir=\"ltr\">\n<div dir=\"ltr\">\n<div>\n<div>\n<p>The M.A. with a concentration in Applied Economics is primarily designed to prepare students for professional careers in the private sector, government, and international agencies. It can also prepare students for Ph.D. programs in economics.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<div>\n<div>\n<p>See the catalog description\u00a0<a href=\"https:\/\/studentdocs.ucr.edu\/registrar\/UCR_Catalog_2022-23.pdf#page=295\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/studentdocs.ucr.edu\/registrar\/UCR_Catalog_2022-23.pdf%23page%3D295&amp;source=gmail&amp;ust=1766190324181000&amp;usg=AOvVaw0cAa6O6TshW_KJ9TpQc992\">here<\/a>\u00a0for additional details. Applications are to be accepted in Fall 2027.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<div>\n<div>\n<p>Contact Michael Bates (<a href=\"mailto:mbates@ucr.edu\" target=\"_blank\" rel=\"noopener\">mbates@ucr.edu<\/a>) for more information.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_2_5 2_5 fusion-two-fifth fusion-column-last\" style=\"--awb-bg-size:cover;width:40%;width:calc(40% - ( ( 5% ) * 0.4 ) );\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-column-content-centered\"><div class=\"fusion-column-content\"><div class=\"fusion-text fusion-text-5\"><h3><span data-olk-copy-source=\"MessageBody\">Reaching new levels of excellence<\/span><\/h3>\n<p>UCR has earned several high rankings this year,\u00a0including being named No. 1 in social mobility \u2014 again.\u00a0Watch a video to see where else the university excels.<\/p>\n<p><a href=\"https:\/\/ucr.us16.list-manage.com\/track\/click?u=16b960a15758a2e9f6cc8140d&amp;id=3619a55947&amp;e=28c1c840c9\" target=\"_blank\" rel=\"noopener\"><span data-olk-copy-source=\"MessageBody\">Top 1.3% of universities worldwide!<\/span><\/a><\/p>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;width:100%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;border-color:#e7e4e2;border-top-width:1px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-6\"><h3>IN MEMORIAM<\/h3>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Victor Lippit<\/strong><\/p>\n<p><a href=\"https:\/\/economics.ucr.edu\/in-memoriam\/\"><img decoding=\"async\" class=\"profile-img wp-image-6056 size-thumbnail alignnone\" src=\"https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/02\/Victor-Lippit-1-150x150.jpg\" alt=\"Victor Lippit\" width=\"150\" height=\"150\" srcset=\"https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/02\/Victor-Lippit-1-66x66.jpg 66w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/02\/Victor-Lippit-1-150x150.jpg 150w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/02\/Victor-Lippit-1-200x200.jpg 200w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/02\/Victor-Lippit-1-300x300.jpg 300w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/02\/Victor-Lippit-1.jpg 400w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>R. Robert Russell<\/strong><\/p>\n<p><a href=\"https:\/\/economics.ucr.edu\/in-memoriam\/\"><img decoding=\"async\" class=\"profile-img alignnone wp-image-6360 size-thumbnail\" src=\"https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/09\/Robert-Russell-150x150.jpg\" alt=\"Robert Russell\" width=\"150\" height=\"150\" srcset=\"https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/09\/Robert-Russell-66x66.jpg 66w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/09\/Robert-Russell-150x150.jpg 150w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/09\/Robert-Russell-200x200.jpg 200w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/09\/Robert-Russell-300x300.jpg 300w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/09\/Robert-Russell-400x400.jpg 400w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2024\/09\/Robert-Russell.jpg 500w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:10px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-7\"><h3 style=\"clear: both;\">OUR LATEST NEWSLETTER<\/h3>\n<\/div><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-max-width:200px;--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-dropshadow imageframe-1 hover-type-none\" style=\"-webkit-box-shadow: 3px 3px 7px rgba(51,60,78,0.3);box-shadow: 3px 3px 7px rgba(51,60,78,0.3);\"><a class=\"fusion-no-lightbox\" href=\"https:\/\/economics.ucr.edu\/wp-content\/uploads\/2023\/04\/UCR-Econ-Newsletter-Spring-2023.pdf\" target=\"_blank\" aria-label=\"UCR Econ Newsletter Spring 2023\" rel=\"noopener noreferrer\"><img decoding=\"async\" width=\"232\" height=\"300\" alt=\"Newsletter\" src=\"https:\/\/economics.ucr.edu\/wp-content\/uploads\/2023\/04\/UCR-Econ-Newsletter-Spring-2023-232x300.png\" class=\"img-responsive wp-image-5646\" srcset=\"https:\/\/economics.ucr.edu\/wp-content\/uploads\/2023\/04\/UCR-Econ-Newsletter-Spring-2023-200x259.png 200w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2023\/04\/UCR-Econ-Newsletter-Spring-2023-400x518.png 400w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2023\/04\/UCR-Econ-Newsletter-Spring-2023-600x776.png 600w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2023\/04\/UCR-Econ-Newsletter-Spring-2023-800x1035.png 800w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2023\/04\/UCR-Econ-Newsletter-Spring-2023-1200x1553.png 1200w, https:\/\/economics.ucr.edu\/wp-content\/uploads\/2023\/04\/UCR-Econ-Newsletter-Spring-2023.png 1700w\" sizes=\"(max-width: 1000px) 100vw, 600px\" \/><\/a><\/span><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-background-color:#f7f5f4;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last fusion-column-no-min-height\" style=\"--awb-bg-size:cover;--awb-margin-top:0px;--awb-margin-bottom:20px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-section-separator section-separator bigtriangle fusion-section-separator-1\" style=\"--awb-spacer-height:99px;--awb-svg-margin-left:0;--awb-svg-margin-right:0;--awb-divider-height:99px;--awb-spacer-padding-top:inherit;--awb-sep-padding:0;--awb-svg-padding:0;\"><div class=\"fusion-section-separator-svg\"><svg class=\"fusion-big-triangle-candy\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.1\" width=\"100%\" height=\"100\" viewBox=\"0 0 100 100\" preserveAspectRatio=\"none\" fill=\"rgba(255,255,255,1)\"><path d=\"M-1 -1 L50 99 L101 -1 Z\"><\/path><\/svg><\/div><div class=\"fusion-section-separator-spacer\"><div class=\"fusion-section-separator-spacer-height\"><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-background-position:left top;--awb-border-sizes-top:0px;--awb-border-sizes-bottom:0px;--awb-border-sizes-left:0px;--awb-border-sizes-right:0px;--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:125px;--awb-background-color:#f7f5f4;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-8\"><h3>NEWS SPOTLIGHT<\/h3>\n<\/div><div class=\"fusion-text fusion-text-9\"><p><a href=\"https:\/\/insideucr.ucr.edu\/awards\/2025\/04\/09\/professor-wins-grant-study-juvenile-incarceration?utm_source=Inside+UCR+Weekly+Test&amp;utm_campaign=f82cf53931-EMAIL_CAMPAIGN_2025_04_09_04_49&amp;utm_medium=email&amp;utm_term=0_-f82cf53931-94780336\" target=\"_blank\" rel=\"noopener\">Professor wins grant to study juvenile incarceration<\/a><br \/>\nEconomics Professor <strong>Ozkan Eren<\/strong>\u00a0has received a $244,721 grant from the Laura and John Arnold Foundation. The two-year grant will be used to study the long-term effects of juvenile incarceration and its spillover effects on family members.<\/p>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:30px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-10\"><p>The <a href=\"https:\/\/www.post-gazette.com\/opinion\/guest-columns\/2024\/07\/06\/ugo-troiano-asylum-application-remote-immigration-safety\/stories\/202407060021\" target=\"_blank\" rel=\"noopener\"><em>Pittsburgh Post-Gazette<\/em><\/a> (a leading Pennsylvanian newspaper ranked about 44 in the whole country) recently published <strong>Ugoantonio Troiano&#8217;s<\/strong> op-ed where he proposes a better way to deal with asylum seekers.<\/p>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:30px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-11\"><p>The <a href=\"https:\/\/www.washingtonpost.com\/opinions\/2024\/02\/21\/state-income-tax-too-high-limit\/\" target=\"_blank\" rel=\"noopener\"><em>Washington Post<\/em><\/a> covers the article &#8220;The Introduction of the Income Tax, Fiscal Capacity, and Migration: Evidence from US States&#8221; which <strong>Ugoantonio Troiano<\/strong> co-authored with Mark Dincecco and Traviss Cassidy. The article is focused on the historical introduction of the income tax in the US states and proves how the income tax does not have only direct effects (increased government revenues) but also indirect effects, as the introduction of the income tax induced significant outmigration to non-income-tax states by middle- and high-earning households.<\/p>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:30px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-12\"><p><span class=\"markyw9mvno3y uM2yb\" data-markjs=\"true\">Congratulations<\/span>\u00a0to <strong>Aman Ullah<\/strong>, Distinguished Professor and emeritus, in the Department of Economics, for receiving the Outstanding Paper Award from the International Journal of Forecasting (IJF) for his paper on forecasting interval-valued data. The paper, joint with T.S. Tuang Buansing and Amos Golan, was published in the IJF in 2020 and was selected as the best paper among all the papers published in the journal in the previous two-year period. The award recognizes the originality, quality, and impact of the paper in the field of forecasting.<\/p>\n<p>The paper proposes a novel and efficient method for forecasting data that consists of lower and upper bounds rather than single values. The authors apply their method to forecast the daily returns of the SP500 index up to five days ahead using 13 years of data. They show that their method outperforms other methods that are commonly used to forecast interval data under various criteria. You can read their paper <a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S016920701930247X\" target=\"_blank\" rel=\"noopener\" data-auth=\"NotApplicable\" data-linkindex=\"0\">here<\/a>.\u00a0<span class=\"markyw9mvno3y uM2yb\" data-markjs=\"true\">Congratulations<\/span>, Aman!<\/p>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:30px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-13\"><p>Professor of Economics <strong>Steven Helfand<\/strong> received the honor of becoming a Fellow of the\u00a0Brazilian Society of Agricultural Economics\u00a0\u00a0(<a title=\"https:\/\/sober.org.br\/membros-legendarios\/\" contenteditable=\"false\" href=\"https:\/\/sober.org.br\/membros-legendarios\/\" target=\"_blank\" rel=\"noopener\">SOBER<\/a>). SOBER calls its Fellows \u201clegendary members\u201d in Portuguese. His new title represents society&#8217;s highest honor. Professor Helfand has been a member of SOBER since 1999. He traveled to Brazil in August 2022 to attend the ceremony to accept the award. [<a href=\"https:\/\/chass.ucr.edu\/press\/2023\/02\/09\/steven-helfand-professor-and-honorary-fellow\" target=\"_blank\" rel=\"noopener\">Read More<\/a>]<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"footnotes":""},"class_list":["post-1976","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/economics.ucr.edu\/wp-json\/wp\/v2\/pages\/1976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economics.ucr.edu\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/economics.ucr.edu\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/economics.ucr.edu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/economics.ucr.edu\/wp-json\/wp\/v2\/comments?post=1976"}],"version-history":[{"count":119,"href":"https:\/\/economics.ucr.edu\/wp-json\/wp\/v2\/pages\/1976\/revisions"}],"predecessor-version":[{"id":7002,"href":"https:\/\/economics.ucr.edu\/wp-json\/wp\/v2\/pages\/1976\/revisions\/7002"}],"wp:attachment":[{"href":"https:\/\/economics.ucr.edu\/wp-json\/wp\/v2\/media?parent=1976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}