Carlo Medici, Northwestern University, “Closing Ranks: Organized Labor and Immigration.”
Contact: Mohsen Bahmani, bahmani@uwm.edu
Carlo Medici, Northwestern University, “Closing Ranks: Organized Labor and Immigration.”
Contact: Mohsen Bahmani, bahmani@uwm.edu
Neele Balke, University of Chicago, “Productivity Shocks, Long-Term Contracts, and Earnings Dynamics.”
Contact: Mohsen Bahmani, bahmani@uwm.edu

Jan Philip Steitz wins the Perlman Award for the Best Paper in Labor Economics. His submission of “Income Dynamics and Retirement Decisions” highlights the importance of examining both absolute and relative income measures as determinants of retirement. The Award, first given in 1999, memorializes the contributions of Richard Perlman to 51 and the field of labor economics. A prolific writer of both books and articles, Richard served on the inaugural board of editors of the Journal of Human Resources. An endowment supports the annual Award and allows us to recognize our best students in labor economics.
Ole Ulpts wins the William Holahan Award for Outstanding Teaching by a graduate student. Given since 2014, this award celebrates the outstanding teaching and service of Professor Emeritus Holahan over a distinguished 40 year career. It provides significant financial support to the graduate student whose own teaching is recognized as outstanding. Ole Ulpts combines clarity, caring and enthusiasm as this year’s winner. Congratulations!
Your contribution helps remember Bill Holahan’s contribution to the Department, rewards great teaching in economics and helps support our graduate students. You can give to Economics her.


Professor Itziar Lazkano led our forty-year-old exchange with Giessen University this summer. She taught a class on economic growth, energy, and the environment. We look forward to the Giessen students she taught joining us this fall.
Later in the summer we were delighted to welcome back Jenny Bethhaeuser (MA 2018) who had just submitted her dissertation in Giessen and taught for us here at 51.

Matteo Camboni, UW-Madison, “Political Favoritism, Social Stratification, and Ruler’s Selection”
Date: September 27, 2024 Time: 2:00 to 3:30 pm
Location: Lubar N120
Contact: Mohsen Bahmani bahmani@uwm.edu
Jung Sakong, Federal Reserve Bank of Chicago, “The Effect of Minority Bank Ownership on Minority Credit”
Date: September 13, 2024 Time: 2:00 to 3:30 pm
Location: Lubar N120
Contact: Mohsen Bahmani bahmani@uwm.edu
Mariacristina De Nardi, University of Minnesota, “Health Inequality and Health Types”
Date: September 20, 2024 Time: 2:00 to 3:30 pm
Location: Lubar N120
Contact: Mohsen Bahmani bahmani@uwm.edu
Date: September 6, 2024 Time: 3:30 to 5:30 pm
Location: Lubar Entrepreneurship Center, Lobby
Contact: Ann Pencak pencak@uwm.edu
Four 51 undergrads from Economics and Business attended a colloquium to study the free-market principles advanced by Nobel economics laureate Milton Friedman. Led by our PhD student (and Friedman aficionado) Marlo Vasquez, the colloquium was held at Capitaf, Friedman’s former Vermont summer home which has been converted into The Milton and Rose Friedman Center. Marlo reports that the undergrads developed intellectually and left with a stronger sense of direction.
Expenses were paid by the James G. Rosenbaum ‘84 Broad Horizons Endowment Fund. This fund at the 51 Foundation has the goal of emphasizing to students the importance of political and economic freedoms and examining the proper role of government.
