News

Weekly media contacts for the Department of Economics

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Dave Swenson spoke with Dick Layman, WHO radio, regarding the expected increase in consumer spending forecast by business economists.

IACBD 2012 Accomplishments

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The 2012 key accomplishments for the Iowa Alliance for Cooperative Business Development (IACBD) is now available for viewing at the following: www.extension.iastate.edu/coops/presentations_publications/2012accomplishments.pdf.

IACBD is located at Iowa State and was initiated in 2003. It is led by Department of Economics faculty members Keri Jacobs (project director), assistant professor of economics and extension specialist for cooperatives; Georgeanne Artz, scientist in economics; Kevin Kimle, Rastetter Chair of Agricultural Entrepreneurship and director of the Agricultural Entrepreneurship Initiative; in addition to Darren Jarboe, program manager for the Center for Crops Utilization Research and the BioCentury Research Farm.

Weekly media contacts for the Department of Economics

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Dave Swenson spoke with Jaime Adame, Urban Tulsa Weekly, on the efficacy of buy-local initiatives in different cities.

Tesfatsion contributes to water and climate change initiative through LAS

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Professor Leigh Tesfatsion of the Department of Economics at Iowa State is a Co-PI on an LAS Signature Research Initiative Award for a project entitled, “Water and Climate Change (WACC): Building Community Consensus for a Sustainable Future for Iowa and the World.”

The three-year award will support the research of a highly multidisciplinary group at Iowa State, drawing from the Departments of Geological and Atmospheric Sciences, English, Civil, Construction and Environmental Engineering, and Economics.

Farmland rental rates increase moderately in 2013, says Edwards

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Rental rates for Iowa farmland have been pushed significantly higher by the favorable corn and soybean prices that farmers have enjoyed since 2010. This trend continued in 2013, but the rate of increase slowed considerably.

Results from the most recent survey of farmland rental rates carried out by Iowa State University Extension and Outreach showed that the average estimated cash rent for corn and soybean land in the state for 2013 was $270 per acre, an increase of $18 per acre or 7% from last year. This compares to increases of 16% in 2011 and 18% in 2012. Lower crop yields due to prolonged dry weather and lower price forecasts for the 2013 crop have tempered the optimism about prospective profits.

For farmers, plenty of uncertainty accompanies planting season

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The first week of May is traditionally thought of as the ideal time for Iowa farmers to begin planting, but a slow start to spring and volatile grain markets in recent weeks have left many producers anxious to get in the fields, agronomy and grain markets experts at Iowa State University said. Chad Hart,Extension and Outreach grain market specialist and economist, adds his perspective. Read the full article by ISU News Service reporter Fred Love at: http://www.news.iastate.edu/news/2013/05/07/planting2013

Student Affairs honors Hallam and Luvaga

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Department of Economics faculty members Arne Hallam and Ebby Luvaga were recently honored by the Division of Student Affairs at Iowa State University.

Hallam, associate dean for the College of Liberal Arts & Sciences, and a professor of economics, received the Thomas B. Thielen Award. This award is the highest honor the division gives to a faculty member who has been a strong supporter of student success.

The Thomas B. Thielen Award is named for the man who served as Iowa State University's Vice President for Student Affairs from 1977-1997. Under the twenty years of Dr. Thielen's leadership, the Division of Student Affairs enjoyed national prominence, and ISU students thrived in a tradition of involvement in campus events, issues, and organizations.

Luvaga, a senior lecturer in economics, coordinator of the agricultural business learning community and leader of numerous study abroad programs, received the Wilbur L. Layton Faculty Recognition Award. Typically this award is given to faculty members who have a sustained relationship with the Division of Student Affairs.

Weekly media contacts for the Department of Economics

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Dave Swenson spoke with Perry Beeman, The Des Moines Register, regarding changes in commuting patterns in the metropolitan area over the course of the recession and recovery.

Friday's Department Seminar: Victor Aguirregabiria, University of Toronto

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"Identification and Estimation of Dynamic Games when Players’ Beliefs are Not in Equilibrium," with Victor Aguirregabiria, University of Toronto, Friday, May 3, 368A Heady Hall, 3:40 p.m.-5 PM.

Victor Aguirregabiria is a professor in the Department of Economics and the University of Toronto and a CEMFI Research Fellow. He is currently associate editor of Journal of Business and Economic Statistics and Journal of Applied Econometrics. Victor's research has made important advances to the econometric estimation of dynamic structural models of economic behavior. His work has appeared in Econometrica, the American Economic Review, Review of Economic Studies, Journal of Econometrics, and other influential journals.

Cardinal Key award for Deiter

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Ron Deiter, professor in the Department of Economics, and undergraduate ag business majors Bethany Olson and William Riley were recently honored with Iowa State University’s Cardinal Key Award.

The award was established in 1926, to honor outstanding leaders among students, faculty, and staff at the university. Awardees demonstrate exemplary leadership in university activities, a high level of scholarship, strength of character, and outstanding service to the university community. The Cardinal Key designation also serves to identify a unifying body of campus leaders who promote “cardinal virtues” within the university community.

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