Manfred Keil

Manfred Keil, Associate Professor of Economics and the Associate Director of the Lowe Institute of Political Economy, was appointed to the Council of Economic Advisors for the California State Controller’s Office. In this role, Keil will help advise State Controller Malia Cohen on economic policy issues, such as the proposed California Wealth Tax on billionaires, and work with fellow councilmembers to formulate responses on a variety of economic issues facing the state.

Yong Kim

Yong Kim, the Henry Crown Visiting Associate Professor in the Robert Day School of Economics and Finance, was awarded a Faculty Fellowship from the John Randolph Haynes and Dora Haynes Foundation to execute his proposal, “Analyzing Divergent Impacts of Los Angeles Housing Policy on Rents vs. House Prices.” Kim’s research will analyze how Los Angeles housing policies, like rent control and upzoning, create divergent price impacts on rent versus house prices.

Angela Vossmeyer

Angela Vossmeyer, the Rothacker Family Associate Professor of Economics and George R. Roberts Fellow, published “Likelihood specification in simultaneous equation models for discrete data” with co-author Ivan Jeliazkov in the Journal of Econometrics. In the publication, Vossmeyer and Jeliakov derive the likelihood function of simultaneous equation models for discrete data as the invariant distribution of a suitably specified Markov process.