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Institute for Economic Research:
Antonio Merlo

Dr. Antonio M. Merlo has been appointed as the director of the Penn Institute for Economic Research, according to a recent announcement by SAS Dean Samuel H. Preston.

Dr. Merlo, the Lawrence R. Klein Associate Professor of Economics, joined the Penn faculty in 2000 after holding tenured positions at the University of Minnesota and NYU. He holds a doctorate in economics from NYU. His area of specialty is political economy, and he is a research fellow in the public policy program of the Centre for Economic Policy Research.

He is the associate editor of the Journal of Economic Theory and the Review of Economic Dynamics and serves on the editorial board of International Economic Review. In addition, he has published numerous articles in leading economics journals and has been the recipient of two research grants from the NSF. He is a member of the American Economic Association, the Econometric Society, the Economic Science Association, the Society for Economic Dynamics, and the Society for the Promotion of Economic Theory.

The Penn Institute for Economics Research was created in 1993 through a gift from William P. Carey. Its mission is to create an environment for research and teaching that will establish Penn as the leading institution in the world for the study of economics, to promote and support the efforts of faculty and students in advancing the science of economics, to provide a forum for the exchange of ideas and research results within and outside of the Penn academic community, and to foster a better understanding of the importance of basic economic research in the formulation and assessment of public policy. "Professor Merlo's creativity, energy, and passion for economic research make him the ideal person to head the institute," said Dean Preston.

To achieve these goals, the institute co-sponsors workshops, disseminates research findings through a working paper series, organizes Economics Day at Penn, provides the Lawrence R. Klein Prize for the best undergraduate research paper in economics, holds conferences, and organizes a monthly lunch discussion for its fellows.

A ten-person advisory board has been appointed to assist the institute in its mission. The advisory board consists of the following members:

  • Board Chairman William Polk Carey, chairman of the board of W.P. Carey & Co., LLC. Mr. Carey is a graduate of the Wharton School of the University of Pennsylvania.
  • Robert Inman, Miller-Sherrerd Professor at the Wharton School.
  • Honorary Chairman Lawrence R. Klein, Benjamin Franklin Professor Emeritus of Economics and Nobel laureate.
  • James L. McCabe, president of McCabe Capital Managers, Ltd. Dr. McCabe holds a doctorate in economics from Penn’s Graduate School of Arts and Sciences.
  • Samuel H. Preston, dean of the School of Arts and Sciences and Frederick J. Warren Professor of Demography, ex-officio.
  • Anthony M. Santomero, president of the Federal Reserve Bank of Philadelphia and Richard King Mellon Professor of Finance at the Wharton School.
  • Thomas J. Sargent, professor of economics at Stanford University and senior fellow of the Hoover Institution.
  • Nancy L. Stokey, Frederick Henry Prince Professor of Economics and of Social Sciences in the College at the University of Chicago. Professor Stokey is a graduate of Penn’s College for Women.
  • Edmond D. Villani, president and chief executive officer of Zurich Scudder Investments, Inc. Dr. Villani holds a doctorate in economics from Penn’s Graduate School of Arts and Sciences.
  • Kenneth I. Wolpin, professor and chairman of the Department of Economics, ex-officio.

Almanac, Vol. 48, No. 11, November 6, 2001


November 6, 2001
Volume 48 Number 11

The Packard Foundation awards a fellowship to Dr. Max Tegmark of physics and astronomy.
Dr. Antonio Merlo is named director of the Penn Institute for Economic Research.
Dr. Jean Howard has been named the Catherine Bryson Professor.
Dr. Sheila Murnaghan has been named the Alfred Reginald Allen Memorial Professor in Greek.
A special section of Knowledge@Wharton, a Wharton web site, provides Survival Strategies for the Post -Attack Economy.
The University Council meets on Wednesday for the annual reports on the State of the University.
The Trustees approve resolutions and report on finances, facilities, external affairs, neighborhood initiatives, investments and more at their fall meetings.
The Code of Conduct for Penn Apparel Licensees is republished in accordance with its obligation for public accountability.
Respecting intellectual property rights is a responsibility taken seriously by Penn; allegations and infringements are investigated.
A Commitment to Our Community is the theme of the Penn's Way 2002 workplace charitable campaign which has a goal of raising $400,000.