Institute for Applied Economics, Global Health, and the Study of Business Enterprise

The Institute for Applied Economics, Global Health, and the Study of Business Enterprise (IAE) at Johns Hopkins University in Baltimore, Maryland is a research institute that conducts research in applied economics and finance, business history, and public health.[1] Founded in 1995, the IAE provides funding for research fellows, hosts academic conferences, and funds specific research projects in a wide array of fields. It is currently overseen by professors Louis Galambos, Steve Hanke, and Angus Burgin.

Institute for Applied Economics, Global Health, and the Study of Business Enterprise
Founder(s)Louis Galambos and Steve Hanke
Established1995
Location
Baltimore
,
Maryland
,
United States of America
Websitehttps://sites.krieger.jhu.edu/iae/

History

In 1995, Louis Galambos, a historian of American businesses and professors at Johns Hopkins University, and Steve Hanke, an applied economist and professor of economics at Johns Hopkins University, established the research institute. Their goal was to publish research in various areas, ranging from applied economics and business history to public health, that were related to contemporary problems.

Activities

Coursework

The IAE organizes a course that has been reported to "guarantee" a job on Wall Street.[2] It offers students opportunities to conduct independent research and real-world applications.[3] Students may also apply to be research assistants to one of several projects at the IAE.[4]

Research

The IAE hosts a number of research seminars and collaborative programs throughout the academic year. Galambos, Hanke, and Burgin offer a workshop with the IAE's research fellows that invites outside scholars to speak and present ongoing research. For undergraduate students, the IAE has an internship program that promotes student-led research. Students and fellows contribute to ongoing initiatives at the IAE, such as the Infrastructure, Cities & Water Program.[5] The Troubled Currencies Project, organized by Hanke, publishes black-market exchange-rate data for troubled currencies, as well as estimating inflation rates for each country.[6] Another initiative is the Historical Financial Statistics project, which publishes noncommercial data on exchange rates, central-bank balance sheets, money supplies, trade, and more.[7] Data by the IAE are sourced by news media agencies and academic journals.[8][9]

Internationally, the IAE has established links with other academic institutes as well as universities, which include the following:

  • Bocconi University in Milan, Italy
  • Bulgarian Academy of Sciences in Sofia, Bulgaria
  • Center for Financial Stability in New York City, New York
  • Free University of Tbilisi in Tbilisi, Georgia
  • International Atlantic Economic Society in Atlanta, Georgia
  • International Monetary Institute at Renmin University in Beijing, China
  • Institute of International Monetary Research in Buckingham, United Kingdom
  • Istanbul Kültür University in Istanbul, Turkey
  • Official Monetary and Financial Institutions Forum in London, United Kingdom
  • The Stern Stewart Institute in Munich, Germany
  • Universidad del Azuay in Cuenca, Ecuador
  • Universidad Peruana de Ciencias Aplicadas in Lima, Peru
  • Universidad San Francisco de Quito in Quito, Ecuador
  • Universitas Pelita Harapan School of Business in Jakarta, Indonesia
  • Varna Free University “Chernorizets Hrabar” in Varna, Bulgaria
  • European Center for Austrian Economics Foundation in Vaduz, Liechtenstein
  • D.A. Tsenov Academy of Economics in Svishtov, Bulgaria

Publications

The IAE publishes several working paper series, which include Studies in Applied Economics, Studies in Applied Finance; Studies in Supply-Side Economics; and American Capitalism.

List of fellows

The IAE currently supports 32 research fellows:

  • Eric Abrahamson, an economic historian of telecommunications and president of Vantage Point Historical Services, Inc.
  • Alan D. Anderson, a business consultant and founder of Energy Planning, Inc.
  • Uttam Bajwa, a historian of migration, entrepreneurship, and economic development
  • Dalit Baranoff, a business historian of insurance and risk management
  • William A. Barnett, an economist and the Oswald Distinguished Professor of Macroeconomics at the University of Kansas, Department of Economics
  • Alexander A. Belozertsev, an economist and former Council of Minister of the Union of Soviet Socialist Republics
  • Renée Marlin-Bennett, a professor of political science at Johns Hopkins University
  • Nancy K. Berlage, a professor of history at Texas State University
  • Wojciech Bienkowski, the Dean of the Faculty of Economics and Management at Lazarski University in Warsaw, Poland
  • Galen Burghardt, former economist of the Board of Governors of the Federal Reserve Board in Washington, D.C.
  • Warren L. Coats, an economist with experience at the International Monetary Fund and the World Bank
  • Thomas S. Coleman, an economist and the Executive Director of the Center for Economic Policy Research at the University of Chicago, Harris School of Public Policy
  • Simon Constable, an economist and journalist
  • Christopher L. Culp, senior adviser of Compass Lexecon and professor at the University of Bern
  • Robert Wayne Garnet, a business historian
  • John G. Greenwood, Chief Economist of Invesco
  • Brian Gunia, professor at the Carey Business School of Johns Hopkins University
  • Robert Hetzel, an economist and former researcher at the Federal Reserve Bank of Richmond
  • Mario Macis, a professor of economics at Johns Hopkins University
  • Christopher McCoy, founder of Port Meadow Capital
  • Paul Miranti, a business historian
  • Barbara Morgan, a labor economist and senior lecturer at Johns Hopkins University
  • Hesam Motlagh, an entrepreneur
  • Andrew Popp, a business historian
  • David Ranson, a general partner of H.C. Wainwright & Co.
  • Matt Sekerke, a management consultant
  • Leo B. Slater, a chemist and public health expert
  • Jeffrey L. Sturchio, President and CEO of Rabin Martin, a global health strategy consulting firm
  • John A. Tatom, President of Thoroughbred Economics, The Heartland Institute
  • Andria van der Merwe, Vice President of Compass Lexecon
  • Stephen J. K. Walters, a professor of economics at Loyola University Maryland
  • Xiang Songzuo, Chief Economist of the Agricultural Bank of China
  • David Yu, professor of finance at New York University Shanghai

See also

References
  1. "About". Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
  2. Crowe, Portia. "Inside the Johns Hopkins finance class that's 'guaranteed' to get you a job on Wall Street". Business Insider.
  3. "Hopkins students give advice on how to land a research position on campus". The Johns Hopkins News-Letter.
  4. "Research Assistants and Postdoctoral Fellows". Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
  5. "Research Programs". Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
  6. "The Troubled Currencies Project". Cato Institute.
  7. "Historical Financial Statistics". Center for Financial Stability.
  8. Hanke, Steve. "Why Trump's Wrongheaded Trade Strategy Is A Bust". Forbes.
  9. Hanke, Steve; Krus, Nicholas. "World Hyperinflations". Cato Institute.
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