Department News Page

NEWS

Economics Department
Rutgers University

FIVE YEAR BA/MPA PROGRAM
ECONOMICS DEPT-CCAS

Admissions:

Prospective students will follow the admission procedures already established by the Economics and Graduate faculties. Students would have to be admitted to the College of Arts and Sciences (or UC) and, at the appropriate time, apply for admission to the Graduate School .

In order to qualify for the joint degree program, economics majors must have a minimum cumulative grade point average of 3.000, complete the three pre-requisite courses for admission to the graduate program – Statistics, Economics and American Government. Statistics (and Econometrics) and Economics are already required for the Economics major. American Government must be taken as an undergraduate elective before admission to the Graduate School . Students admitted to the Graduate School must maintain a minimum grade point average of 3.000 in the MPA program.

Students will apply for admission during the first semester of their senior year. Students who do not maintain a 3.000 GPA can have their admission revoked. Students must be cleared by the Chairs of the Economics Department and The MPA program in order to register for graduate credit in the second semester of their senior year. Students admitted to the MPA program may count 9 of their graduate credits toward their Economics elective requirements and their MPA requirements, i.e. these courses may be double-counted toward the BA and MPA degrees. This substitution has been approved by the Economics Faculty. Most students should be able to take the normal number of economics electives and still complete the program. The model curriculum for the joint BA/MPA can be found in the online catalogue or in the printed version of the catalogue.

Student Research

Undergraduate Research Fellowship (2008):

Matthew D. Miller under the supervision of Dr. Tetsuji Yamada
Research Title: Socio-economic Characteristics of Child Obesity and Unmet Healthcare Needs

Independent Study (2007-2008): Dr. I-Ming Chiu

Babajide, Ayotunde T
Paper title: The Stability of Money Demand - The Case of "Country's Name".

Curcio, Tiffany L
Paper title: The Trade-off of Output and Unemployment - Okun's Law Revisited

McGovern, Daniel M
Paper tilte: Empirical Test on the Relative Purchasing Power Parity Between High and Low Inflation Countries

Honors Thesis (2007): Dr. I-Ming Chiu

Clark, Megan A
Paper title: The Derterminants of Low Household Saving in the U.S.

Independent Study (2007): Dr. Jack Worrall

Claypool, Rhett
Paper Title: The Future of Solar Energy

Faculty:

Dr. Worrall's research paper, entitled "Wage and Injury Response to Shifts in Workplace Liability" has been published by Industrial and Labor Relations Review in 2008.
This paper examines the impact of a monumental change in tort liability law, the Federal Employers' Liability Act (FELA) of 1908. This shift from common law, by changing the way injured workers were compensated and the compensating wage differentials for risk bearing, set the stage for workers' compensation and other no-fault systems. Focusing on the New Jersey railroad system, the authors examine three periods: the pre-FELA years of 1900-1908; 1909-1911, when the FELA laws were the only changes in the common laws affecting some railroad workers; and 1912-1916, when both FELA and workers' compensation laws affected railroad workers. They find that as liability shifted to railroad companies, accident rates fell for three occupational groups who worked outdoors, but rose for railroad "craft" employees (who worked indoors in shops). They also find that wages shifted for all four of the major occupational groups as predicted by their model.

Dr. John D. Worrall has appeared on many TV and radio shows to discuss various economic topics (for example, "The Economic Cost of the War," Bloomberg Forum ; "Auto Insurance Costs," Fox Forum, Lee Leonard Show, Bud Grant Show and many others; "The Economics Cost of SARS," It's Your Call - The Lynne Doyle Show ); "The $87 Billion Supplemental Budget Request and the Cost of Rebuilding Iraq" Money Matters Today - CN8, Mary Fay Show .
Recently, Dr. Worrall has spoken on the following television shows:
- "Reganomics" for an hour during It's Your Call, on the CN8-Comcast Network (June 9, 2004)
- "War and It's Costs" for a half hour during Money Matters, on the CN8-Comcast Network (Aug. 31, 2004)
- The cost of the war for a 5 min. segment during Business Update, on Comcast On Demand. (Sept. 1 2004)
- "Oil Markets" and "Economic Issues in the Presidential Debates" for a half hour during Money Matters, on CN8 - Comcast Network (Sept. 30, 2004)
- "Oil Prices" for a 5 min. segment during Business Update, on Comcast On Demand. (Oct. 1, 2004)
Dr. Worrall recommended changes to New Jersey's Private Passenger Automobile Insurance system in a March 18, 2002 paper he completed for the American Insurance Association. This Roadmap to Market Stability for the NJ Private Passenger Automobile Insurance Market can be downloaded by clicking 2002 Auto Insurance Study .
Dr. Tetsuji Yamada has become an Invited Research Scholar, Japanese goverment funded research project, Access to Health Care in Japan and the U.S.to the Department of Community Health and Preventive Medicine, Hamamatsu Unversity School of Medicine, (Japan), 2006-2008.
Dr. Yamada has been a Research Scholar, Japanese goverment funded research project,"Medical Services in Japan," to Hosei Institute on Aging, Hosei Unversity (Japan), 2005-2007.
Dr. Tetsuji Yamada is a member of the Scientific Committee of International Health Economic Associates, and he is a Member of ASHE Scientific Committee for the American Society of Health Economist.
Dr. Yamada became a member of the Editorial Advisory Board in Health Care, Scientific Journals International in 2006 and he was selected as a member of the Review Committee for the International Society for Pharmacoeconomics and Outcome Research from 2005-2006
Dr. Yamada is currently serving as a Member of the Editorial Board for International Journal of Applied Economics.

Dr. Yamada presented his research papers at international conferences and the symposium as follows:
- "Healthcare Services Accessbility for Children and the State Children's Health Insurance Program," International Society for Quality-Of-Life Studies (ISQOLS), San Diego, December 2007.
- "Credibility and Reliance of Cancer Related Information on the Internet and Colorectal Cancer Screening," APHA 135th Annual Meeting, American Public Health Association, Washington D.C., November 2007.
- "The Long-term Care Insurance System in Japan and its Effects on the Welfare," International Health Econoimcs Association, iHEA 6th World Congress, Copenhagen, Denmark, July 2007.
- "Substance Abuse Treatment for the Youth with Mental Health Problems," ISPER/SABE CONGRESS: Behavioral Economic Psychology, Paris, France, July 2006.
- "Psycho-Social Behavior Determinants of Colorectal Cancer Screening," ISPER/SABE CONGRESS: Behavioral Economic Psychology, Paris, France, July 2006.
A new publication by Dr. Yamada and his research colleagues: Chia-Ching Chen (School of Public Health, New York Medical College), Tadashi Yamada (University of Tsukuba in Japan), I-Ming Chiu (Rutgers University), and John Smith (Rutgers University) has been published in Applied Economics, 2008. The research paper is entitled "Healthcare Services Accessibility of Children in the USA" and is a behavioral study. The summary of the joint product (the research paper) is:
The increase in the number of children without access to healthcare services is an increasingly urgent issue in the United States. By using data from the Community Tracking Study Household Survey 1996-1997, we focused on determinants that have been causing the gap of healthcare service accessibility to widen among children in the USA, 18 years old and under. Our empirical results suggest that factors such as out-of-pocket price of healthcare services, household income, years of education by parent (or guardian), health insurance coverage, access to healthcare provider (availability of regular provider, obtaining an appointment, and traveling time), and provider-patient interaction strongly determine the actual use of outpatient services by children (i.e. accessibility).
Good Report in 2008!!
Professor Carlo Dennis R. Candalla has passed the managerial and non-managerial verification and 3 examinations given by The Institute of Certified Professional Managers, a business center of the College of Business, James Madison University. This is a management credential/certification that recognizes work experience and knowledge on management theories and applications.

Students:

Congratulations to Matthew D. Miller, recipient of a Summer Undergraduate Research Fellowship

Mr. Miller is one of the recipients of a Sumer Undergraduate Research Fellowship. The Fellowship provides students the opportunity to engage in an intensive course of research, working closely with our distinguished faculty. He is working with Professor Yamada on the issue of child obesity in the urban environment, and will participate in the Celebration of Undergraduate Research and Creative Activity, in the Spring of 2009.

Congrats

A Great Speech at the 2008 Commencement!

Mr. Darby Dent CCAS '08 gave a very impressive speech to all graduates, their parents, and the faculty at the commencement.

Congrats

Congratulations on Your Achievements!

Summa Cum Laude

Benjamin Reed Anderson and Sean Paul Kilpatrick

Cum Laude

Anthony Robert Angelozzi
Philip James Caola
Joseph Samuel Cardillo
Alexander Lee Martines
and
Robert Gregory Moreno

OMICRON DELTA EPSILON
LAMBDA CHAPTER
International Honor Society in Economics
Member of the Association of College Honor Societies

March 2008 Inductees

Joseph Christopher Ambrozy
William J. Bush
Joseph Cardillo
Reynold P. Cicalese, III
Darby Michael Dent
Michael Govito
Micheal Chauncey Kanney
Sean Paul Kilpatrick
Matthew D. Miller
Travis Stewart
Anastacio Yu, III

We would like to congratulate Katherine Pryor on her acceptance from the Graduate Program: Public Policy and Administration!!

JOSEPH SUAH HAS RECENTLY BEEN ADMITTED INTO DUKE UNIVERSTIY'S GRADUATE PROGRAM FOR ECONOMICS!!!

CONGRATULATIONS SEAN FOR HIGH ACADEMIC ACHIEVEMENT

Sean Kilpatrick is the winner of this year's Economics Department Prize as the graduation senior with the best GPA.

INTERNSHIP!

Smith Barney Internship:

2+ years of Economics/Finance Major looking for an internship in the brokerage industry

Smith Barney is looking for a motivated individual willing to work 6-15 hours a week (weekday hours are flexible: morning, afternoon & evenings) The internship will consist of working with the Vice President of investments and a team of Financial Consultants. The company is looking to fill this internship immediately with the possibility for a part time position at the conclusion of the internship.

For more information and to schedule an interview please call Mr. Stephen Waite at 856-222-4571 between 10 am and 4 pm Monday-Friday

Koch Associate Program Internship:
The 2008-2009 Koch Associate Program is a year-long, paid program designed to develop promising leaders and entrepreneurs interested in liberty and the non-profit arena. Associate range in experience level from recent graduates to those with up to a decade of work experience, and come from diverse fields and academic majors. More information about the program is included below. You can also learn about the Koch Internship Program and the Koch Foundation at www.cgkfoundation.org.

Non-profit assignments are distributed on a rolling basis so the sooner students apply, the better! Please contact Professor Tetsuji Yamada, Department of Economics, at tyamada@crab.rutgers.edu.

Omicron Members:

Many major universities and senior colleges that offer degrees in Economics have chapters of Omicron Delta Epsilon-The International Honor Society in Economics. Rutgers Camden has the LAMBDA chapter of ODE. Students who have demonstrated high scholastic achievement are invited to join. The society promotes student interest in Economic Science, publishes its official journal, The American Economist, and sponsors student research prizes. ODE will celebrate its 100 th anniversary in 2015.

Members of Omicron Delta Epsilon: (2001 - 2003)

Anthony Allman, Kinjal A. Amin, Jaime L. Bishop, Megan A. Clark, Phong H. Chung, Mee Y. Joo, Amanda E. Jurczykowski, Michael J. Kasen, Matthew J. Koch, Jackie Nunez, Toni C. Morton, Jonathan M. Pospischil, Joseph Suah, William D. Tevis, Jocelyn Weuker, Scott F. Williams, Tanesha L. Williams, Candice S. Winters, Gary Wood

Members of Omicron Delta Epsilon: (2004)

Atnreakn S. Alleyne, Lorien C. Day, Mario Kundrat, Tat'yan Makrishcheva, William J. McNally, Jack V. Palmer

Members of Omicron Delta Epsilon: (2005)

Shinida Cho, Lorein Day, Felecia A. Lige, Benjamin H. Lobitz, Jr, William N. Pine, Matthew A. Pirollo, Brian J. Tigue

Members of Omicron Delta Epsilon: (2006)

Atnreakn Alleyne, Rene Borgia, Megan Clark, Michelle Cozens, Lason E. Cronk, Lorien Day, Nathan Daniel Hitchen, Maxim A. Kind, Mario Kundrat, Felicia Lige, William McNally, Gregory Charles Muller, Jaquelin Nunez, Jonathan Pospischil, Esra Ugurlu

Members of Omicron Delta Epsilon: (2007)

Tasnim Hany Aly, Tatum D.Amaraksha, Benjamin R. Anderson, Anthony R. Angelozzi, Babajide T. Ayotunde, Paul Bickert, Philip J. Caola, Nichole A. Correa, Sophie P. Girgis, Kirk R. Groomes, Jr., Chris Harris, P. Thea Marasa-Scafidi, Alexander L. Martinez, Steven J. Mucci, Jason Newcomb, Adam Nieves, Frank M. Romeo, Shana Denise Ross, Terrence L. Smith, Mert Tekin, Huy Tran, Michael Zeisweiss

If you see your name and have not received a certificate yet, please contact either Professor Worrall or Professor Yamada.

Updated: 7-24-2008

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