Ph.D. Spotlight: Essays on Sovereign Debt and Partial Default

Dr. Feng’s dissertation involves the study of sovereign debt flows with an emphasis on the determinants and characteristics of sovereign default in emerging markets. The topic of sovereign debt flow is explored through three distinct chapters. Chapter One, entitled “World commodity prices, money, and foreign exchange in emerging markets: New evidence,” investigates countries’ monetary responses…

Ph.D. Spotlight: Experiments in Bureaucracy, Insurance, and Monetary Economics

Dr. Daniel Neal’s dissertation consists of a set of economic experiments in bureaucracy, insurance, and monetary economics. While they are eclectic in their subject matter, they all rely on the same basic foundation: good experimental methodology. In today‚Äôs world of economics, research can usually be divided into one of two categories; theory-based or empirical. Theory…