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Loukas Karabarbounis wins the Germán Bernácer Prize

Summer 2020 News & Highlights from the Department of Economics and the Heller-Hurwicz Economics Institute

Over spring break, six economics undergraduates visited Washington DC with graduate students in the Humphrey School, where they got the chance to explore Senator Amy Klobuchar’s office, meet Senator Tina Smith, and learn about the close relationship between economics and public policy.

The COVID-19 pandemic continues to send shock waves through the nation’s economy. With so much volatility and uncertainty, it’s difficult to determine just how much damage the economy has suffered and how long it will take to recover. This week on Dialogue Minnesota, we’re joined by Professor of Economics Timothy Kehoe.

Professor VV Chari was interviewed for a KARE 11 investigation on companies that received federal small business loans

Being from NYC, Cassidy Drummond hasn’t seen her family since January due to COVID-19. But with the help of her friends and professors, she built a support system that helped her through the semester.

As soon as COVID-19 hit the U.S., the stock market started a downward dive. In part because the country has enjoyed such a long bull market, it has been tough to watch investments and retirement accounts take such a sudden, severe hit. Tough, but not unprecedented, says V.V. Chari, the economic department’s Paul Frenzel Land Grant Professor of Liberal Arts.

n the last five weeks, more than 26 million Americans have filed for unemployment benefits. The only sensible solution is dramatically to expand testing capacity, to trace potentially infected people and to isolate them.