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The department is excited to welcome Zhifeng Cai as a new assistant professor in Fall 2017. He is a macroeconomist whose research focuses on the role of financial frictions in shaping aggregate fluctuations. His current work studies how a persistent slump in real-estate prices could contribute to a secular stagnation such as that observed after the 2008 financial crisis. Another line of his research investigates the implications of rising income inequality on college tuition. He received his PhD in Economics from the University of Minnesota.

The department is excited to welcome Diego Anzoategui who joins us as an assistant professor in Fall 2017. He holds a B.A. from Universidad de Buenos Aires, a Master's from Universidad Torcuato Di Tella and a Ph.D. from New York University. He applies macroeconomic models to understanding financial and fiscal crises and their short and long run consequences. He also studies how and why economies grow in the long run.

Professor Rosanne Altshuler is currently the President of the National Tax Association. The National Tax Association is the preeminent organization for scholars and professionals dedicated to advancing the theory and practice of public finance, including public taxing, spending and borrowing.

Bruce Mizrach is conducting research funded by the Office of Financial Research (OFR). OFR is a division of the U.S. Treasury Department that is focused on systemic risk to the financial sector. OFR has been supporting Mizrach’s research on high frequency trading in the US equity and Treasury markets and its potential impact on financial market stability.

Roger Klein received the 2017 Rutgers Faculty Scholar-Teacher Award. The award honors Rutgers faculty members who have made outstanding contributions in research and teaching and bring together scholarly and classroom activities. Roger was honored in recognition of his pioneering research in econometrics and his exceptional ability to teach state-of-the-art econometric techniques. He helps students see the value of econometrics in analyzing real world data and addressing timely economic questions.

Rutgers University economist and banking expert Joe Hughes has been made a Fellow of the Wharton Financial Institutions Center. The Center sponsors research on financial institutions and their role in financial markets, hosts conferences, and publishes an influential working paper series. Professor Hughes is a well known expert on measuring scale economies and was recently a panelist at the Symposium on Ending Too Big to Fail at the Federal Reserve Bank of Minneapolis. He has been a Visiting Scholar at the Comptroller of the Currency and the Federal Reserve Banks of Cleveland, New York, and Philadelphia.

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