Turkey has experienced a rapid rise in university enrolment in the past decade. The total number of students in universities and other institutions of higher education increased by 91% from 3.5 million students in 2008 to 6.7 million in 2013. The uptrend has continued in recent years and as of December 2016, nearly 7.2 million students […]

… ..The economy was just beginning to recover this year after slowing to 2.9 percent in 2014, with growth pegged at a better-than-expected 4.8 percent in the first quarter. Concern about economic hardship was a major motivation behind Erdogan’s move to ease tensions with Russia, Egypt and Israel in June. He has even hinted at […]

  By Professor Nader Habibi Iran’s Ayatollah Ali Khamenei – the Islamic Republic’s ultimate authority – reluctantly blessed the nuclear agreement between Iran and the West that was signed in June 2015 and went into effect in January. Since then, he has gone out of his way to emphasize that his endorsement didn’t mean he […]

        Former Brandeis economics major, Brian Lucking, currently a Ph.d. student at Stanford, has had his most recent paper discussed in The Economist. Since the start of the Great Recession in 2007, the labor force participation rate, the share of working age adults who are either employed or looking for work, has fallen steadily […]

Professor Man was quoted in the New York Times on whether or not the third round of quantitative easing (QE3) has encouraged an expansion of lending. In her view, as stated in the New York Times, the data are mixed: “Lending has increased for cars and commercial property, but not for small business. New mortgage […]

Prof. Tortorice’s paper examines the causes of unemployment fluctuations. Previous models of unemployment fluctuations focused mainly on one channel of unemployment fluctuations. Either they focused on inflow to unemployment, workers losing their jobs or they focused on outflow from unemployment, workers finding jobs. Prof. Tortorice’s work combines these two channels into one model and evaluates […]

Nader Habibi summarizes his article below: “On June 14, 2013, Iran will hold its 11th presidential election to replace Mahmoud Ahmadinejad. During his two terms in office, Ahmadinejad implemented a number of broad economic reforms and policies that have had a profound effect on socioeconomic conditions in Iran. In this Brief, Prof. Nader Habibi explores […]

Professor Hall and Professor Thomas Sargent, a 2011 Nobel Prize Winner in Economics from NYU, ask the question “Can we learn from previous instances of fiscal prioritisation?” in their article “Fiscal Prioritisation: Lessons from Three Wars.” Hall & Sargent go on to write, “This column surveys the US Treasury’s response to three wars – the […]

Professor Habibi’s  work on trade in the Middle East is forthcoming in the Journal of Economic Cooperation and Development. The title of the paper is “Role of Geopolitics in Import Shares of Leading Trade Partners in GCC Import Markets.”  A Summary of the work is included below. In recent years, the high prices of crude […]

Nancy Scott of Brandeis’s Fine Arts Department writes about the history of the Rose Art museum, with a focus on the crisis that occurred in 2009.  Her complete article can be found here.   Professor Scott is currently co-teaching Economics of the Arts (Econ/FA 87a) with Professor Kathryn Graddy of the Economics Department. Professor Scott’s article […]

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