Department of Economics

Undergraduate Research and Research Grants

elias peissner horizontal

Elias Peissner Prize Winners

  • The Elias Peissner Prize is awarded to an economics major who has done work of outstanding merit, generally on their senior thesis.
    • 2020: Ngoc Minh Le, "ASEAN in Global Value Chains:The Effects of Deep Trade Agreements on Value-Added Trade." Advised by Mehmet Fuat Sener.
    • 2019: Marc Perlman, "Investigating How the Type and Intensity of Chronic Pain Affect an Individual’s Risk Preferences." Advised by Kaywana Raeburn.
    • 2018: Aaron Gordon, "Do Religious People’s Marriage Decisions Reflect Their Preferences?" Advised by Jia Gao.
    • 2017: Emily Su, "Hospital Merger and Acquisition Effects on Healthcare Quality and Cost." Advised by Doug Klein.
    • 2016: Pierre Castro, "Innovation, Informal Competition and Knowledge Transfers: A Cross Country Study of Firms in Eastern Europe, North Africa and Middle East." Advised by Mehmet Fuat Sener.
    • 2015: Yaqi Gao, "Impact of Exchange Rate Fluctuations on Labor Migration: Evidence from U.S. Nonimmigrant Visa Statistics." Advised by Younghwan Song.
    • 2014: Cate Gegen, "Does Public School Administrative Spending Affect District House Prices?" Advised by Stephen Schmidt.
    • 2013: Faraz Khan, "Moving Forward from the Arab Spring: Predicting the Level of Democracy in a Nation Post-Revolution." Advised by Lewis Davis.
    • 2012: Mark Chaskes, "Do Cigarette Taxes Make Smokers Happier than Nonsmokers?" Advised by Younghwan Song.
    • 2011: Emily Lacroix, "Applying Fair Division to Global Carbon Emission Permit Markets." Advised by Stephen Schmidt.
    • 2010: John Mahlstedt, "A Closer Look at the Generic Competition Paradox." Advised by Stephen Schmidt.
    • 2009: Matthew Cook, "Another Brick in the Wall: Analysis of the 'Illinois Wall' Model and the Implications of the Illinois Brick Decision." Advised by Stephen Schmidt.
    • 2008: Courtney Chais, “Tourism Trends and Patterns: What Are the Determining Factors?” Advised by Eshragh Motahar.
    • 2007: Jonathan Young, "Vaccinating the Next Generation: Are Children with Foreign-Born Mothers Less Likely to Receive Recommended Immunizations?" Advised by Younghwan Song.
Student presenting poster to two faculty

Honors Thesis Poster Sessions

  • 2021 Honors Thesis Posters
    • Emersyn Alberici, "Does Female Leadership Impact Firm Financial Performance?" Advised by Dong Cheng
    • Drew Blackmun, "Medicare Advantage: Impact of Oscar Entry."
    • Leo Cavedagne, "Early 20th Century Industrialization: Equitable Income Growth Through Manufacturing Productivity Improvement." Advised by Carl Cheng
    • Kevin Chaimowitz, "Synergies & Stocks." Advised by Carl Cheng
    • Lily Dong, "How Does Trade Policy Uncertainty (TPU) Affect Sentiment?"
    • Justin Esposito, "How Does Social Capital Impact the COVID-19 Response in the US on a County-Level?" Advised by Lewis Davis and Arsalan Khan
    • Lindsay Gerrato, "The Resilience of Entertainment Over Business Cycles."
    • Alexander Glehan, "Assessing a Potential Correlation Between Housing Prices and School Quality, as Measured by Academic Performance Metrics."
    • Ryan Helmig, "The Effect of ESG Rating on Financial Performance and Green Bond Issuance within the United States." Advised by Alicia Dang
    • George Herold, "Examining the Impact of the US Federal Reserve's Quantitative Easing on Bank Lending 2009-2012."
    • Jack Koch, "Effects of COVID-19 Pandemic on Consumer Behavior in Retail Stores During April-June 2020." Advised by Dolores Garrido
    • Benita Lopez, "Trends in the Adoption of Digital Health Technology." Advised by Tomas Dvorak and Nick Webb
    • Thomas Mello, "The Effect of the CARES Act on GDP Growth Rates at the State Level."
    • An Nyguyen, "COVID-19 Dilemma: Signaling Effect on Cooperative Behavior."
    • Nathan Olsen, "Base Erosion and Profit Shifting in Continental Africa and Beyond, a Comparative Analysis."
    • Jack Pierre, "Power of the Policy Burden: Effects of State Ownership on Employment in Vietnamese Firms." Advised by Alicia Dang
    • Aarya Rijal, "Evaluating the Impact of One Belt One Road Initiative on the Gravity Estimates of Partner Countries."
    • Kyle Riley, "Using Difference-in-Differences Analysis and the Kocyk Geometric Lag Model to Estimate Aspects of Carbon Tax Effectiveness in Nordic Countries."
    • Corey Rutkin, "Analyzing the Relationship Between SNAP Participation and Private Establishments in America's Largest Cities During and After Recessions." Advised by Funda Dogruer
    • Julianna Sweet, "The Effect of Item Presentation (Pictorial, Verbal, and Combination) on Choice Overload and Tendency to Opt-Out of Choice." Advised by Kaywana Raeburn
    • Matthew Toy, "The Effect of AI Implementation on Total Factor Productivity." Advised by Stephen Schmidt
    • Mark Williamson, "Spillover Effects of Amazon's 2018 Minimum Wage Increase."
  • 2020 Honors Thesis Posters
    • Aaron Wu, "How did Medicaid Expansion Affect the Provider Labor Market?" Advised by Younghwan Song.
    • Alyssa Trebino, "Income Inequality and Automobile Adoption: How does the Introduction of the Automobile Affect Income Inequality?" Advised by Carl Cheng.
    • Drew Johnson, "Implications for Change in Adaptation to the Modern Sustainable Apparel Industry."
    • Ethan Craig, "Price Predictability for Collectible Sneakers." Advised by Tomas Dvorak.
    • Griffin Morgan, "The Effect of Time on ESG Scores in the S&P 500." Advised by Ercan Karadas.
    • Jonathan Ellis, "The Effect of The U.S. Fed Funds Rate On The Yuan/Dollar Exchange Rate, Post 2005." Advised by Funda Dogruer.
    • Kylie Stevens, "The Salary Cap's Economic & Societal Role in the National Hockey League." Advised by Lewis Davis & Robert Samet.
    • Martynas Simanavicius, "Does the Implementation of Renewable Energy Incentives Improve the State's Energy Efficiency in the United States?" Advised by Stephen Schmidt.
    • Ngoc Minh Le, "ASEAN in Clobal Value Chains: The Effects of Deep Trade Agreements on Value-Added Trade." Advised by Mehmet Fuat Sener.
    • Robert C. Harrington III, "Does Recruitment Mail Increase Applications to Union?" Advised by Tomas Dvorak.
    • Spencer Napolitano, "Colonial Mining & Contemporary Trust in Latin American." Advised by Lewis Davis.
  • 2019 Honors Thesis Posters
    • Andrew Kielar, "How Scandals Impact Stock Prices." Advised by Dong Cheng.
    • Caleb Yoken, "Cartel Practices and Policies in the World War II Era." Advised by Doug Klein & Mark Walker.
    • Colin Murphy, "The Nature of Asset Bubbles and the Timing of Their Burst."
    • Derek Khnaizir, "Global Impact of the U.S. Economy: An Analysis of the Channels of Interconnection and their Transmission Effects."
    • Jonathan Fields, "The Generic Paradox: Insight to the Process of Drug Pricing."
    • Justin Nguyen, "Data Center REITs as a Portfolio Component." Advised by Tomas Dvorak.
    • Kevin McNoble, "Oil Price Changes Affecting the Russian Macroeconomy." Advised by Dong Cheng.
    • Maha Mian, "The Economics of Fashion: Do Newcomers to the Industry Have a Chance?" Advised by Eshragh Motahar.
    • Marc Perlman, "How Does the Type and Intensity of Chronic Pain Affect an Individual's Willingness to Take Risks?" Advised by Kaywana Raeburn.
    • Matt Egglin, "Analysis for Phishing Prevention." Advised by Tomas Dvorak & John Rieffel.
    • Pedram Malakian, "Impact of Generational Experiences on Anti-Immigration Sentiments."
    • Phil Panici, "Is the Use of Fossil Fuels for Electricity Generation Declining with Renewable Popularity?"
    • Aidan Loh, "Examining the Effectiveness of Chinese Monetary Policy." Advised by Funda Dogruer.
    • Sarah Kaplan, "A Cross County Examination of Fiscal Federalism in the 2016 Election." Advised by Eshragh Motahar.
    • Talitha Kumaresan, "The Business Cycle and U.S. Health Outcomes." Advised by Jeeten Giri.
    • Dhruv Patel, "Radiographic and Health Economic Analysis of Acetabular Retractors Placement Relative to Neurovascular Structure in Various Total Hip Arthroplasty Surgical Approaches." Advised by Stephen Schmidt.

Undergraduate Publications

Funding Your Research Project

  • Phaup Fund Student Research Grants

    Students may apply for research support from the Phaup Fund, which was established to support doing research with, or under the guidance of, a member of the faculty of the department. Support may be for books, travel, research, research materials, and office services support.

    Phaup Fund awards are made at the Chair’s discretion and are anticipated to be in the range of $250. The application doc can be found here. Students should apply by the end of the term, if possible. Applications will be evaluated as they come in.

    Students applying for a grant from the Phaup Fund support are encouraged to apply for a Student Research Grant (SRG) as well. Support from the Phaup Fund may be used to supplement a Student Research Grant award, which tend to run $300-400 with maximum awards of $500. They may also be used to provide short term funding while an SRG award is pending.

  • Student Research Grants

    The link to SRG is here. It accepts applications 2 times a term in Fall and once in other terms. Typical funding per project is $300-$400, with maximum of $500.