Office: Lewis House
Contact: firstname.lastname@example.org | (973) 408-3833
Miao Chi joined the Drew faculty in 2011, from Rollins College. She has an M.A. and Ph.D. in economics from the University of Wisconsin-Milwaukee. Professor Chi’s areas of interest include labor and demographic economics, economics of migration, applied microeconomics, and applied econometrics.
Her current research focuses on the economic assimilation of immigrants. In her spare time, she loves traveling and martial arts.
Office: Lewis House 301
Contact: email@example.com | (973) 408-3409
Jennifer is an Assistant Professor at Drew University. She brings a combination of business, government and academic experience to her teaching and research. She is a strong advocate of the Liberal Arts having applied her undergraduate political philosophy degree from the University of Massachusetts at Amherst to jobs ranging from campaign manager to consumer advocate to senior administrator for the Division of Cardiology at New York Hospital-Weil Cornell Medical Center. Jennifer found the philosophy in math earning an MBA in Finance and Statistics from the New York University Stern School of Business and her Ph.D. in Finance and Economics from the Rutgers Business School. Jennifer has two branches of research: applied microeconomics in the fields of health care, risk management and econometrics ; and management theory and pedagogy. In health economics Jennifer is focused on modeling the demand for medical care in ways that reflect the dynamic nature of individual medical care decisions over the lifecycle.
This research has led her to propose new statistical methods that can estimate the impact of a myriad of unobservable factors on demand decisions (e.g an individual’s time preference and strength of social relationships that might not be recorded in the data). Her ultimate goal is to design risk management tools for health care providers that hedge the financial risk associated with so-called “pay for performance” compensation systems that are subject to patient non-compliance and treatment uncertainty. In management theory, Jennifer recently published “Federalist #10 in Management #101: What Madison Has to Teach Managers” which draws lessons from her unique Management class at Drew. Currently, Jennifer is integrating her work in management theory and health economics by applying the lessons of Nobel Laureate Elinor Ostrom to the design of health systems. Her dissertation “A Dynamic Demand for Medical Care” suggests that we need to look at the change in health not just the state of health in order to explain medical care demand. Her ongoing research seeks to better understand the demographics and dynamics of the top 5% of medical care users who consume nearly 50% of the resources in order to better manage financial health care risk. Jennifer served as the first Director of Drew’s new Business Studies Program from 2010 – 2011 and organized the first two Business Leadership Conferences. She continues to serve on Drew’s Health Professions Committee, Socially Responsible Investing Committee and Academic Integrity Committee. Jennifer teaches Intermediate Microeconomic Theory, Management and Health Economics. She lives in Montclair New Jersey with her husband Dave and two sons Max and Sam.
Jennifer’s primary research field is applied microeconomics and econometrics in the areas of health care and health finance. A second developing area of research is in management including principal agent models with dynamic non-cooperative game theory, transactions cost management of common-pool resources and management pedagogy.
Office: Lewis House 103
Contact: firstname.lastname@example.org | (973) 408-3417
Jennifer Olmsted is currently Professor of Economics and Director of Middle East Studies at Drew University. She is also the director of Drew University’s Social Entrepreneurship semester. She previously served as the Gender Advisor at the UN Population Fund (UNFPA) and has also been a consultant for UN ESWCA, UNFPA, UNDP, UN Women, and the World Bank. She completed her BS in Foreign Service from Georgetown University, her Master’s in Agricultural Economics and her PhD in Economics from the University of California, Davis. Her areas of specialization include gender, development, and globalization with a particular focus on the Middle East and Muslim communities more broadly. Her current research focuses on gender issues related to sustainability, as well as on the role that armed conflict plays in (re)shaping norms and economic opportunities and challenges. Dr. Olmsted was a guest editor of and also contributing author to a 2014 issue of Feminist Economics focusing on gender and economics in Muslim communities. She has also published numerous other articles, in a range of books volumes and journals including in History of the Family, Industrial Relations, Journal of Development Studies, Journal of Middle East Women’s Studies, Women’s Studies International Forum, and World Development, among others.
Office: Lewis House 301
Contact: email@example.com | (973) 408-3202
Maliha Safri is an associate professor in the economics department at Drew University, and has taught and published on political economy and migration. She has published articles in Signs, the Middle East Journal, edited book collections, and most recently a piece in the Economist’s Voice titled “The Economics of Occupation.” She has also been involved with popular education seminars and courses with activists for twelve years with the Center For Popular Economics, based at the University of Massachusetts in Amherst, and has been active with worker cooperatives in the NJ and NY metropolitan area.
Office: Lewis House 204
Contact: firstname.lastname@example.org | (973) 408-3065
GianDomenico Sarolli joined Drew in the Fall of 2010, from Washington and Lee University. He has a B.A. in Economics and Finance from the College of William and Mary, a M.S. in Quantitative Finance from Bocconi University in Milan, Italy, and a M.A. and Ph.D. in Economics from the University of Virginia. His research is primarily in Financial Economics, particularly the study of asset markets and asset trading volume. He has presented papers at the Southern Economic Association Meetings, the Eastern Economic Association Meetings and the Virginia Social Science Association Meetings. He has also written a case study on Netflix Inc. that is widely used in Business School first year Marketing courses. He is the co-director of the Wall Street Semester and teaches Principles of Macroeconomics, Intermediate Macroeconomics, Money and Banking, and Experimental Economics. In his spare time, he loves working on his family vineyard in Italy.
GianDomenico’s primary research field is in financial economics and computational macroeconomics. In particular he looks at models of asset trading volume and portfolio choice. He is also interested in experimental economics, particularly experiments that look at agent decisions under risk and uncertainty.
Office: Lewis House 203
Contact: email@example.com | (973) 408-3595
Bernard Smith is an Associate Professor of Economics and has been teaching at Drew University since 1986. He earned an undergraduate degree in Business Administration (with a concentration in Economics) from the University of Florida in 1977 and a PhD. degree in Economics from Yale University in 1989. His teaching interests include Micro- and Macro- Economic Theory, American Economic History, and the Political Economy and History of European Integration. He has also directed Drew semester abroad programs and Drew International seminars in London, UK and Brussels, Belgium.
He is an economic historian with research interests in late 19th century industrial history and labor relations.
Office: Lewis House 201
Contact: firstname.lastname@example.org | (973) 408-3251
Marc received his B.A. from Northwestern University (1992) and PhD from Cornell University (1998). Marc’s research focuses on the impact of monetary policy structures and information releases on financial markets, and the influence policymakers have on regional and national economic growth. In 2006 he was the recipient of a National Sciences Foundation grant that helped fund an annual national workshop for macroeconomics research at liberal arts colleges. Marc also writes a weekly education piece for the Wall Street Journal.
Marc has taken students on numerous short-term study programs to study financial markets, financial institutions and policymaking in London, Dublin, Brussels, and Tokyo. In 2010 he received the “Distinguished Teacher of the Year” award at Drew. Finally, Marc is a die-hard Red Sox fan.
The Effects of Central Bank Transparency on Financial Markets, Regional Income Convergence, Effects of Fiscal Policy on Long-Run Economic Growth
Inflation Targeting and Financial Market Efficiency (with Roisin O’Sullivan); Applied Financial Economics 22 (2012) 09, 749 – 762.
Public Education Expenditures, Taxation and Growth: Linking Data to Theory (with William Blankenau and Nicole Simpson); American Economic Review 97 (2007).
The Impact of State Politics on Business Cycle Correlations across U.S. States (with Koyin Chang and Frank Ying).
Does Fed Communication Calm Markets? An Intraday Examination of FOMC Announcements and Minutes Releases on Implied Equity Volatility (with Dan Jubinski).