Kerwin Kofi Charles

Last updated
Kerwin Kofi Charles
Born
Buxton, Guyana
Academic career
Institution Yale School of Management, Harris School of Public Policy, Gerald R. Ford School of Public Policy
FieldEconomics
Labor Economics
Alma mater University of Miami
Cornell University
Website https://som.yale.edu/faculty/kerwin-k-charles/

Kerwin Kofi Charles is the Indra K. Nooyi Dean & Frederick W. Beinecke Professor of Economics, Policy, and Management at the Yale School of Management. [1] He is also a research associate at the National Bureau of Economic Research and an elected Fellow of the Society of Labor Economists. [2] He has been chair of the Board of trustees of NORC, [3] serves on the board of trustees of the Panel Study of Income Dynamics, is a member of the Federal Economic Statistics Advisory Committee, and sits on the Editorial Board of the Journal of Labor Economics. [1] He was previously the Edwin A. and Betty L. Bergman Distinguished Service Professor of the Harris School of Public Policy at The University of Chicago, [4] and was a professor at the University of Michigan from 1995 - 2006. [5]

Contents

Deanship

On December 5, 2019, Charles announced that the Yale School of Management had received the largest gift in its history—$100 million to fund programs devoted to strengthening leadership in public school systems. The gift came from The Eli and Edythe Broad Foundation and will make possible the creation of the Broad Center at the Yale School of Management. The new center will oversee a new Master's Degree in Education Management and executive training for top leaders in public school systems—both tuition-free. The Broad Center at Yale SOM will also create a data repository of research related to leadership effectiveness in K-12 education. [6]

Research

Charles' work has focused on a variety of topics related to applied microeconomics, labor markets, and race/gender, [7] including earnings and wealth inequality, conspicuous consumption, race and gender labor market discrimination, the intergenerational transmission of economic status, worker and family adjustment to job loss and health shocks, non-work among prime-aged persons, and the labor market consequences of housing bubbles and sectoral change. [1]

Collaborating with Patrick Bayer, he studied earnings differences between black and white men in the U.S. between 1940 and 2014. The study found that the median black-white earnings gap was the same in 2014 as it had been in 1950. However, they also found that black men higher in the income distribution narrowed the gap, mainly due to advances by those with a college education. [8]

With Erik Hurst and Matthew J. Notowidigdo, he found that the housing boom that preceded the Great Recession depressed college enrollment as young people opted into the labor market, a trend that was only partially reversed during the subsequent housing crash. [9]

In work with Erik Hurst and Nikolai Roussanov, he has found that Black and Hispanic Americans spend more on visible consumption and automobile expenses: "Conspicuous consumption" than White Americans, and that some of this difference appears to be motivated by an attempt by Black Americans to appear wealthier than they actually are. [10]

In work with Ming-Ching Luoh, he has found that the high incarceration rates of black men affect marriage rates and non-marital childbearing among Black families in the United States. [11]

In recent research with Jonathan Guryan and Jessica Pan, using decades of Census and General Social Survey data, he has shown that the careers of white women in the United States are influenced by the level of sexism in their states of birth. [12]

Selected works

Personal

Charles was born in Buxton-Friendship, Guyana, the son of Reuben Charles, former Chief Fisheries Officer, and Mrs. Paulette Charles, a former educator. [13] He provides an annual prize of $1000 in memory of his grandmother to students attending schools in his hometown who have outstanding performance on the Grade Six Examinations. [14]

Related Research Articles

<span class="mw-page-title-main">Michael Spence</span> Canadian-American economist

Andrew Michael Spence is a Canadian-American economist and Nobel laureate.

<span class="mw-page-title-main">Yale School of Management</span> Graduate business school of Yale University

The Yale School of Management is the graduate business school of Yale University, a private research university in New Haven, Connecticut. The school awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master's Degree in Systemic Risk (SR), Master's Degree in Global Business & Society (GBS), Master's Degree in Asset Management (AM), and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University.

Sharon Monica Oster was an American economist. She was the Frederic D. Wolfe Professor Emerita of Management and Entrepreneurship and the dean of Yale School of Management, where she was the first woman to receive tenure, and the first female dean. She was widely known as an economist focusing on business strategy and non-profit organization management.

Edward Adams "Ted" Snyder is currently the William S. Beinecke Professor of Economics and Management at Yale School of Management. He has held two other business school deanships and was Senior Associate Dean at University of Michigan Ross School of Business.

Sumner Huber Slichter was an American economist and the first Lamont University Professor at Harvard University. He was considered by many to be the pre-eminent labor economist of the 1940s and 1950s. He was adamantly opposed to the labor movement, and called repeatedly for legislation against unionization. He was also a critic of the New Deal."

Lawrence Francis Katz is the Elisabeth Allison Professor of Economics at Harvard University and a Research Associate of the National Bureau of Economic Research.

Gary Bernard Gorton is an American economist who currently serves as the Frederick Frank Class of 1954 Professor of Finance at Yale School of Management. He is known for his theory on the role of repurchase agreements on the 2008 financial crisis.

Thomas Philippon is a French economist and professor of finance at the New York University Stern School of Business.

<span class="mw-page-title-main">Annamaria Lusardi</span> Italian economist

Annamaria Lusardi is an Italian-born economist and the Denit Trust Distinguished Scholar and Professor of Economics and Accountancy at Stanford University School of Business. In 2011 she founded and continues to serve as the Academic Director of the Global Financial Literacy Excellence Center. Her interests focus on financial literacy and financial education.

Joseph Gerard Altonji is an American economist and the Thomas DeWitt Cuyler Professor of Economics at Yale University. His fields of interest include macroeconomics and applied econometrics and in particular labour economics, being ranked as one of the foremost labour economists worldwide. In 2018, his contributions to the analysis of labour supply, family economics and discrimination were rewarded with the IZA Prize in Labor Economics.

Mark Armando Aguiar is an American economist who has served as the Walker Professor of Economics and International Finance at Princeton University since 2015.

Sherry A. Glied is a Canadian-American economist, currently serving as the Dean of New York University's Robert F. Wagner Graduate School of Public Service. From 2010 to 2012, she served as Assistant Secretary at the United States Department of Health and Human Services under the Obama administration.

Rhonda Michèle Williams was an American professor, activist and political economist whose work combined economics with multiple other social fields including race and gender analysis, law, politics, public policy and cultural studies. She aimed to show how the examination of the roles of race and gender in economics benefitted from an inclusive approach rather than a separate and fragmented analysis in order to ensure that issues of economic inequality and discrimination were aptly addressed. Williams was also noted as being consistent in aligning her own ethics with economic analysis resulting in a legacy in the political economy of race and gender.

Lisa Blau Kahn is a professor of economics at the University of Rochester. Her research focuses on labor economics with interests in organization, education, and contract theory. From 2014 to 2018, she served as an associate professor of economics at Yale School of Management and as an assistant professor of economics at Yale School of Management from 2008 to 2014. From 2010 to 2011, Kahn served as the senior economist for labor and education policy on President Obama's Council of Economic Advisers.

Marcus Alexis was professor emeritus of management & strategy at the Northwestern University Kellogg School of Management. He was a former chairman of the Federal Reserve Bank of Chicago, and a commissioner with the Interstate Commerce Commission during the Carter Administration. He was the first African American to receive a Ph.D. in economics from the University of Minnesota in 1959, and was known for his work training and mentoring other African American Economists. He was awarded the Samuel Z. Westerfield Award by the National Economic Association in 1979, and was also awarded the Outstanding Achievement Award from the University of Minnesota and an Honorary Doctorate from Brooklyn College.

C. Kirabo "Bo" Jackson is an American economist who is Abraham Harris Professor of Education and Social Policy and Professor of Economics at Northwestern University, a Fellow at the Institute for Policy Research, and a Faculty Research Fellow at the National Bureau of Economic Research. He previously served as co-editor at Journal of Human Resources and is currently on leave as Editor in Chief of the American Economic Journal: Economic Policy. In 2020, he was elected to the National Academy of Education and was awarded the David N. Kershaw Award and Prize for contributions to the field of public policy analysis and management from the Association for Public Policy Analysis and Management (APPAM). In 2022 he was elected to the American Academy of Arts and Sciences which honors the excellence and leadership of exceptional people from all disciplines and practices. In August, 2023, Jackson joined President Biden's three-member Council of Economic Advisers. He is the first Black man to hold this position.

Melvin "Mel" Stephens Jr. is an American economist and professor of economics and public policy in the economics department and the Ford School of Public Policy at the University of Michigan. He is also a research associate of the National Bureau of Economic Research, and a member of the Academic Research Council of the U.S. Consumer Financial Protection Bureau. His research is in the areas of displaced workers, household consumption, and retirement decisions. He has been nominated as an officer of the American Economic Association.

Rebecca Diamond is Class of 1988 Professor of Economics at Stanford Graduate School of Business and an associate editor of Econometrica and American Economic Journal: Applied Economics. Her research areas include urban economics and labor economics.

Jessica Pan is a Singaporean economist currently serving as professor of economics at the National University of Singapore. Her research focuses on applied topics in labor economics, especially related to gender, migration, discrimination, and the returns of education. In 2020, she was elected a Fellow of the Econometric Society.

References

  1. 1 2 3 "Kerwin K. Charles". Yale School of Management. 2024-07-29. Retrieved 2024-07-29.
  2. ↑ "Economist Kerwin Charles named Yale SOM dean". YaleNews. 2019-03-05. Retrieved 2019-03-07.
  3. ↑ "NORC at the University of Chicago Announces Kerwin Charles as New Chair of Board of Trustees | NORC.org". norc. Retrieved 2019-03-07.
  4. ↑ "Economist Kerwin Charles named Yale SOM dean". YaleNews. 2019-03-05. Retrieved 2019-10-25.
  5. ↑ "Kerwin Kofi Charles | Faculty History Project". www.lib.umich.edu. Retrieved 2019-03-07.
  6. ↑ "Yale School of Management Receives Largest Gift in Its History from The Broad Foundation for Programs to Strengthen Leadership in Public Education". Yale School of Management. 2019-12-05. Retrieved 2019-12-06.
  7. ↑ "Kerwin Charles". University of Chicago, Harris Public Policy. Retrieved 17 March 2019.
  8. ↑ Bayer, Patrick; Charles, Kerwin Kofi (2018-08-01). "Divergent Paths: A New Perspective on Earnings Differences Between Black and White Men Since 1940". The Quarterly Journal of Economics. 133 (3): 1459–1501. doi:10.1093/qje/qjy003. ISSN   0033-5533.
  9. ↑ Charles, Kerwin Kofi; Hurst, Erik; Notowidigdo, Matthew J. (October 2018). "Housing Booms and Busts, Labor Market Opportunities, and College Attendance" (PDF). American Economic Review. 108 (10): 2947–2994. doi:10.1257/aer.20151604. ISSN   0002-8282. S2CID   154964511.
  10. ↑ "The Color of Luxury Buying". NPR.org. Retrieved 2019-03-07.
  11. ↑ Wolfers, Justin; Leonhardt, David; Quealy, Kevin (2015-04-20). "1.5 Million Missing Black Men". The New York Times. ISSN   0362-4331 . Retrieved 2019-03-07.
  12. ↑ Tankersley, Jim (2018-08-19). "How Sexism Follows Women From the Cradle to the Workplace". The New York Times. ISSN   0362-4331 . Retrieved 2019-03-07.
  13. ↑ Chabrol, Denis (2019-03-06). "Guyanese economist Kerwin Charles named Dean of Yale School of Management". Demerara Waves. Retrieved 2019-03-07.
  14. ↑ "Chicago Professor rewards Buxton's top Grade Six performers". Kaieteur News. 2010-08-08. Retrieved 2019-10-25.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.