UMass Amherst Economics Department

UMass Amherst Economics Department We are a diverse group of faculty, students and staff committed to improving and expanding the discipline of economics. The Department of Economics at the University of Massachusetts Amherst is located in Crotty Hall.
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We have 28 full-time faculty members who teach and advise over 1,000 undergraduate majors and 92 active PhD students.

Operating as usual

03/24/2021
College of Social & Behavioral Sciences UMass Amherst

So you want to change the world? Study economics?

One of the best ways you can affect change for the better is to study economics.

Panelists at the Women in Economics symposium, co-hosted by the UMass Amherst Economics Department and UMass Amherst Resource Economics Department, may have been only slightly biased in this opinion but their lived experience and research areas stand as testaments to their validity.

https://www.umass.edu/sbs/news/women-in-economics-symposium-panel-umass-amherst

College of Social & Behavioral Sciences UMass Amherst
02/19/2021
College of Social & Behavioral Sciences UMass Amherst

College of Social & Behavioral Sciences UMass Amherst

Increasing the federal minimum wage during an economic downturn may be less harmful than business owners fear. In fact, wage hikes at the state level found essentially no effect on payrolls.
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UMass Amherst Economics Department #minimumwage #minimumwageincrease

As a 16-year-old kid flipping burgers at a Seattle McDonald’s in 1989, Arindrajit Dube was earning the state minimum wag...
02/03/2021
The Burger Flipper Who Became a World Expert on the Minimum Wage

As a 16-year-old kid flipping burgers at a Seattle McDonald’s in 1989, Arindrajit Dube was earning the state minimum wage of $3.85 an hour. “I remember feeling privileged that I was going to go on to college, while there were many older workers working at that wage,” he recalls.

He still thinks about the minimum wage, only now it’s from his perch at UMass Amherst, where he’s possibly the world’s leading authority on its economic effects, says Bloomberg Businessweek.

Arindrajit Dube’s research has shaped a new consensus on a controversial topic in economics.

"Throughout Alexander’s long and fruitful career, she championed civil rights for marginalized groups, especially Black ...
02/03/2021
Sadie Alexander Was a Trailblazing Economist and Activist

"Throughout Alexander’s long and fruitful career, she championed civil rights for marginalized groups, especially Black women, creating a path for today’s Black economists, lawyers, and policy practitioners. She’s an example for all of us today on how to weather uncertain times at the nexus of political instability, racial injustice, and a global health crisis."

Happy birthday, Sadie!

Conflict, Demand and Economic Development Essays in Honour of Amit Bhaduri BOOK RELEASE EVENTJANUARY 18, 20218PM (India)...
01/15/2021

Conflict, Demand and Economic Development Essays in Honour of Amit Bhaduri

BOOK RELEASE EVENT
JANUARY 18, 2021
8PM (India) / 9:30AM (New York)

Register for zoom event: https://bit.ly/2WM2upm

“At a basic level, people think that this is an issue of fairness,” Dube says. “There’s broad-based support for the idea...
01/05/2021
Once a Fringe Idea, the $15 Minimum Wage Is Making Big Gains

“At a basic level, people think that this is an issue of fairness,” Dube says. “There’s broad-based support for the idea that people who are working should get a living wage.”

The new year brings another round of increases, nearly a decade after workers started campaigning for higher pay.

Alum Stu Tobin '81 is matching $5,000 in #SBSTogether gifts to support SBS internships! He's already matched $3,785. Can...
12/11/2020
SBS Together | Donate

Alum Stu Tobin '81 is matching $5,000 in #SBSTogether gifts to support SBS internships! He's already matched $3,785. Can you help us close the gap??

We offer a variety of scholarships to support SBS students and help them reach their academic and career goals! Thank you for helping to provide our students with experiential opportunities to bolster their professional development.
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#SBSAlumni #econalumni
UMass Amherst
UMass Amherst Alumni Association
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Giving Day Powered by ScaleFunder

College of Social & Behavioral Sciences UMass Amherst
12/10/2020
College of Social & Behavioral Sciences UMass Amherst

College of Social & Behavioral Sciences UMass Amherst

A new paper co-written by Adam Hersh of the Political Economy Research Institute - PERI argues that Congress would need to pass $3 to $4.5 trillion in economic relief in the near term to revive the economy, or about four times what Congress is currently considering.

“We know that right now and over the past several business cycles, a lot of people have been disappearing from the labor force who otherwise should be working,” Hersh said. “They’ve dropped out by the millions, so we’re dramatically undercounting what the real rate of unemployment is.

College of Social & Behavioral Sciences UMass Amherst
12/04/2020

College of Social & Behavioral Sciences UMass Amherst

We're excited to announce R. Karl Rethemeyer has been named the new dean of SBS. Welcome aboard!

Rethemeyer will begin his new position July 1, 2021, with the School of Public Policy being his new departmental home at UMass. He will succeed Dean John Hird, who is returning to the faculty after serving as dean of SBS since 2015.

"I am extremely excited to join the College of Social and Behavioral Sciences and UMass Amherst," said Rethemeyer.

https://www.umass.edu/sbs/news/faculty/r-karl-rethemeyer-appointed-new-dean-college-social-and-behavioral-sciences

College of Social & Behavioral Sciences UMass Amherst
11/20/2020

College of Social & Behavioral Sciences UMass Amherst

This has been a challenging year but together we can make a difference in a time when it’s needed most. From November 30–December 11, 2020, we’re calling on YOU to participate in #SBSTogether to help address the impact of #COVID19 .

SBS Together 2020 is a two-week online giving campaign to help students affected by the global pandemic; many are without dependable hardware, don't have access to software, and had to pass on experiential opportunities like study abroad and internships.

#SBSTogether, we can make a difference! https://umass.scalefunder.com/gday/giving-day/32845

Gerald Epstein, professor of economics, provides insight into why the economies of the world are impacted by the electio...
09/23/2020
Understanding the Presidential election’s impact on the domestic and international economy

Gerald Epstein, professor of economics, provides insight into why the economies of the world are impacted by the election of a U.S.President.

https://www.wwlp.com/massappeal/understanding-the-presidential-elections-impact-on-the-domestic-and-international-economy/

(Mass Appeal) – In just a few short weeks we will go to the polls to elect a President. No matter what your political leaning the United States Presidential election has an effect on the U.S.…

Isabella Weber. assistant professor of economics, writes: "Today’s global economic order is still inscribed on the back ...
09/22/2020
Could the US and Chinese economies really 'decouple'? | Isabella Weber

Isabella Weber. assistant professor of economics, writes: "Today’s global economic order is still inscribed on the back of every iPhone: designed in California, assembled in China. Both parties in the race for the US presidency pledge to put an end to this arrangement. The promise, this time on both sides, is to bring manufacturing home."

https://www.theguardian.com/commentisfree/2020/sep/11/us-china-global-economy-donald-trump

The buzzword makes it sound as if disentangling the world’s two largest economies were simple, says academic Isabella Weber

According to Gerald Friedman, professor of economics at the University of Massachusetts Amherst, “the reaction of Uber a...
09/21/2020
Uber and Lyft Drivers’ Fight Against Independent Contractor Status Isn’t Going Away

According to Gerald Friedman, professor of economics at the University of Massachusetts Amherst, “the reaction of Uber and Lyft exposes the true nature of their business model, and why it would be so dangerous if more widely adopted. Their success depends on offloading the social cost of providing income security onto the individuals, their workers, [or] the state through some other social insurance program, such as food stamps or Medicaid.”

https://jacobinmag.com/2020/09/uber-lyft-employee-freelance-covid-19

Amid the pandemic, Uber and Lyft drivers are more precarious than ever. Even as the companies dodge court rulings, the battle for drivers to be legally classified as employees is growing.

Richard D. Wolff, professor emeritus of economics, is quoted in an article about calls for a Universal Basic Income (UBI...
09/01/2020
Could universal basic income work in the US? Economists look to a test case — in Alaska

Richard D. Wolff, professor emeritus of economics, is quoted in an article about calls for a Universal Basic Income (UBI), and concerns about how to make sure that a UBI provides enough money to actually allow people to survive off of it. As an alternative, Wolff proposes “universal basic employment,” a policy that would provide work for everyone.

https://www.salon.com/2020/08/23/could-universal-basic-income-work-in-the-us-economists-look-to-a-test-case--in-alaska/

Thanks to its UBI-esque permanent fund dividend, Alaska has "a much lower poverty rate," one economist says

College of Social & Behavioral Sciences UMass Amherst
07/22/2020
College of Social & Behavioral Sciences UMass Amherst

College of Social & Behavioral Sciences UMass Amherst

Daid Keiser, assistant professor of resource economics, published an article that has been recognized as one of The Quarterly Journal of Economics's top five cited articles of 2019.

"Consequences of the Clean Water Act and the Demand for Water Quality," co-authored by Joseph Shapiro (University of California, Berkeley), uses the most comprehensive set of files ever compiled on water pollution and its determinants, including 50 million pollution readings from 240,000 monitoring sites and a network model of all US rivers, to study water pollution’s trends, causes, and welfare consequences.
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UMass Amherst
UMass Amherst Economics Department

NEW: update on the Fall 2020 Reopening Plan.
06/29/2020
College of Social & Behavioral Sciences UMass Amherst

NEW: update on the Fall 2020 Reopening Plan.

Chancellor Kumble R. Subbaswamy has an update on the Fall 2020 Reopening Plan, which details how the fall semester will proceed amid the COVID-19 pandemic.

"The bottom line is this: While all courses that do not require physical presence on campus will be offered remotely this fall, all undergraduate students who have reserved on-campus housing for the upcoming semester, and for whom there is space available, are invited to live on campus under strict public health behavioral restrictions," said Chancellor Subbaswamy.

To read the comprehensive report, FAQs, and more, visit umass.edu/reopening.

“In the 1930s, a massive movement politically to the left occurred," said Richard D. Wolff, emeritus professor of econom...
06/29/2020
Economist says US lacks leadership needed to successfully emerge from economic crisis

“In the 1930s, a massive movement politically to the left occurred," said Richard D. Wolff, emeritus professor of economics. "They all worked together and they produced the pressure that got FDR to make a new deal.”

“We’ve had almost the opposite. We’ve had a lurch to the right, at least for the last 15 to 20 years, culminating now in President Trump in all that he’s doing, with the unions weaker than they’ve been in half a century, with socialist and communist parties almost extinct," he added. "So we don’t have any of the pressures that might give us some sense of what to do.”

Economist Richard Wolff told Hill.TV that unlike the Great Depression, the past decade or so has not created the kind of government leadership needed to steer the U.S. out of the current economic crisis.

School of Public Policy at UMass Amherst
06/27/2020
School of Public Policy at UMass Amherst

School of Public Policy at UMass Amherst

For your #PrideMonth reading list: “The Economic Case for LGBT Equality: Why Fair and Equal Treatment Benefits Us All,” the new book from Prof. Lee Badgett of the School of Public Policy at UMass Amherst & UMass Amherst Economics Department.
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College of Social & Behavioral Sciences UMass Amherst
UMass Amherst
The Williams Institute at UCLA School of Law
Beacon Press

College of Social & Behavioral Sciences UMass Amherst
06/24/2020
College of Social & Behavioral Sciences UMass Amherst

College of Social & Behavioral Sciences UMass Amherst

On June 9, SBS faculty gathered online to share their insights on the impact of the COVID-19 pandemic and what may come next, from their perspectives as expert social scientists.

Indeed while the novel coronavirus was the focus of the event, the theme of racial justice was also a major focus of their research and their topics of discussion.

“We are a nation gripped by intertwined crises today and it’s critical that we come together to chart the way forward,” said Lenore Palladino, assistant professor of economics and public policy.
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UMass Amherst
UMass Communication Department
UMass Amherst Department of Political Science
School of Public Policy at UMass Amherst
UMass Amherst Economics Department
UMass Amherst Sociology
#COVID19 #Pandemic #Coronavirus #SocialScienceMatters

“I think employers that are trying to be proactive and are looking at gender gaps or maybe racial wage gaps, they should...
06/18/2020
Even with ruling, workplace still unequal for LGBTQ workers

“I think employers that are trying to be proactive and are looking at gender gaps or maybe racial wage gaps, they should try to think about ways that they could do the same for LGBT people,” says M.V. Lee Badgett.

https://bit.ly/2Bj3ryg

NEW YORK (AP) — Even with this week’s Supreme Court ruling, the workplace will be far from equal for lesbian, gay, bisexual and transgender Americans. While the nation’s highest...

Allowing the $600 enhanced unemployment benefit created by the CARES Act to expire on July 31 "would cause pain among mi...
06/15/2020
$600 unemployment benefits are 'life-saving' for this waiter: 'I'm right at the edge'

Allowing the $600 enhanced unemployment benefit created by the CARES Act to expire on July 31 "would cause pain among millions of families, drive down economic activity and impede our recovery,” says Arin Dube, professor of economics.

https://www.cnbc.com/2020/06/13/expiring-600-unemployment-benefits-are-essential-for-some-workers.html

Lawmakers are sparring over enhanced unemployment benefits, scheduled to end after July absent intervention, which could be catastrophic for some recipients.

Tune in tonight!
06/09/2020
College of Social & Behavioral Sciences UMass Amherst

Tune in tonight!

✴ Please JOIN US tonight at 5:30pm ET ✴

You're invited to an online discussion with our faculty panelists on what the future of the social sciences may look like after COVID-19 🔮

Our expert researchers will cover topics including:

🔸 the particular vulnerabilities of veterans;
🔸 survival of small businesses;
🔸 misinformation and disinformation;
🔸 effects on the presidential election;
🔸 short- and long-term effects on unemployment in the US; and more.

Register now!
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UMass Amherst
School of Public Policy at UMass Amherst
UMass Amherst Department of Political Science
UMass Amherst Sociology
UMass Amherst Economics Department
UMass Communication Department
#COVID19 #Coronavirus #SocialSciences #SocialScienceMatters #SocialScienceResearch

College of Social & Behavioral Sciences UMass Amherst
06/04/2020
College of Social & Behavioral Sciences UMass Amherst

College of Social & Behavioral Sciences UMass Amherst

We've compiled a list of articles and research on #COVID19 by SBS faculty, grad students, and recent alumni.

This updating list of scholarship aims to provide awareness of quality social sciences research and to inform robust public discourse on the impacts of the novel coronavirus.
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UMass Amherst
#SocialScienceMatters
#SocialScienceResearch
#SBSAlumni

The Political Economy Research Institute - PERI has provided the Sierra Club with a commissioned report proposing a $6 t...
05/28/2020
New PERI, Sierra Club Report Outlines a $6 Trillion, 10-Year US Infrastructure and Clean Energy Transition Stimulus Plan | Department of Economics | UMass Amherst

The Political Economy Research Institute - PERI has provided the Sierra Club with a commissioned report proposing a $6 trillion, 10-year stimulus plan.

The plan proposes creating 4.6 million jobs annually to upgrade American infrastructure, and another 4.5 million jobs annually to transition the country to a clean energy economy.

-- via UMass Amherst News Office The Political Economy Research Institute (PERI) has provided the Sierra Club with a commissioned report proposing a $6 trillion, 10-year stimulus plan for creating 4.6 million jobs annually to upgrade American infrastructure, and another 4.5 million jobs annually to....

Happening TODAY at 5pm ET (2pm PT)!RVSP now for this webinar featuring economist MV Lee Badgett on her new book 'The Eco...
05/26/2020

Happening TODAY at 5pm ET (2pm PT)!

RVSP now for this webinar featuring economist MV Lee Badgett on her new book 'The Economic Case for LGBT Equality'!

https://bit.ly/2ZCoFRD

Congratulations to our Distinguished Scholar Lee Badgett on the publication of her new book!

Join us for a discussion with Lee about the economic cost of LGBT discrimination on May 26 at 2pm PT. RSVP today: bit.ly/EcEqualityRSVP

Featuring Lenore Palladino, assistant professor of economics and public policy!
05/26/2020
College of Social & Behavioral Sciences UMass Amherst

Featuring Lenore Palladino, assistant professor of economics and public policy!

Join us on June 9 at 5:30pm ET for an online discussion featuring multi-disciplinary experts who will share their insights and answer questions regarding #COVID19’s current and future impact.

Our faculty panelists will cover topics including the particular vulnerabilities of veterans; the survival of small businesses; misinformation and disinformation; the effects on the presidential election; and short- and long-term effects on unemployment in the US.
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UMass Amherst
UMass Amherst Alumni Association
School of Public Policy at UMass Amherst
UMass Amherst Economics Department
UMass Amherst Department of Political Science
UMass Communication Department
UMass Amherst Sociology

You're invited to a discussion with Professor Badgett about the economic cost of LGBT discrimination on May 26 at 2pm PT...
05/21/2020

You're invited to a discussion with Professor Badgett about the economic cost of LGBT discrimination on May 26 at 2pm PT.

RSVP today: bit.ly/EcEqualityRSVP

Congratulations to our Distinguished Scholar Lee Badgett on the publication of her new book!

Join us for a discussion with Lee about the economic cost of LGBT discrimination on May 26 at 2pm PT. RSVP today: bit.ly/EcEqualityRSVP

05/18/2020
Victoria Abramchuk | Senior Speaker 2020 - Economics

"We, our generation, find ourselves at the forefront of a new era and we, as scholars of economics, are perfectly positioned to be the trailblazers, to be the vanguard, the opportunist full of hope."

- Economics senior speaker Victoria Abramchuk

#SBS2020
#UMass2020

Address

Crotty Hall, 412 N. Pleasant St.
Amherst, MA
01002

General information

Undergraduate Program Office: [email protected] * 413.545.0855 Graduate Program Office: [email protected] * 413.545.2082

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

Telephone

(413) 545-2590

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