Economics

Douglas Lamdin, Economics, had his recent study featured on the website of the American Association of Individual Investors (AAII). The article, “New Evidence on Whether Gold Mining Stocks are More Like Gold or Like Stocks” was co-authored with Mark Johnson of Loyola University, Maryland, and is forthcoming in the journal Alternative Investment Analyst Review. The study examined the role of gold and gold mining stocks in diversified portfolios. Lamdin and Johnson found that neither gold nor gold mining stocks are a hedge against declines in the stock market. Both gold and gold mining stocks, however, do provide diversification benefits, with… Continue Reading Economist Douglas Lamdin shares analysis of gold mining stocks

Douglas Lamdin, economics, was selected as the annual recipient of the Abramson Award for the outstanding article published in the past year in Business Economics, the journal of the National Association for Business Economics (NABE). The article, “Gauging the Financial Capability of Americans,” was coauthored with Mark Johnson, a faculty member in the Sellinger School of Business at Loyola University, Maryland. The past two recipients of this award were Lawrence Summers at Harvard University, and John Taylor at Stanford University.

Social Sciences Forum Gregory Clark, professor of economics, University of California-Davis  Wednesday, September 9 | 4 p.m. Albin O. Kuhn Library 7th Floor  How much of our fate is tied to the status of our parents and grandparents? Using a novel technique–tracking family names over generations to measure social mobility across countries and periods—renowned economic historian Gregory Clark argues that social mobility rates are lower than conventionally estimated, do not vary across societies, and are resistant to social policies. Sponsored by the Department of Economics. 

A new study by Christelle Viauroux, an associate professor of economics, found that requiring recreational boat operators to wear life jackets would increase the odds of surviving a boating accident by 80 percent. Viauroux conducted the study with Ali Gungor of the U.S. Coast Guard’s Standards Evaluation and Analysis Division and the findings were published in Risk Analysis. The researchers used data from 2008 to 2011 from the U.S. Coast Guard’s Boating Accident Report Database (BARD) and compared life jacket use to other factors affecting fatalities in recreational boating. A major goal of the research was to assess the impact of… Continue Reading Christelle Viauroux, Economics, Finds that Mandatory Life Jacket Use Could Reduce Recreational Boating Deaths by 80 Percent

With buzz surrounding last week’s 2015 home opener for the Baltimore Orioles at Camden Yards, economics professor Dennis Coates was in the news discussing what the recent success of the team means for business. In a Baltimore Sun article, Coates shared that if the team weren’t doing so well, money spent in and around Camden Yards would simply be spent in other areas of the city. “All we’ve really seen is a shift from one set of entertainment activities to another,” Coates said. “That’s not creating any big boost to the economy; it’s just moving around.” Coates added that out of town visitors… Continue Reading Dennis Coates, Economics, Provides Perspective on Economic Impact of the Baltimore Orioles