Kasey Haars

Feature Story

Current employer/job title: Cooperative Resources International, International Business Specialist

Erin Cumings

Feature Story

Current employer/job title: Nationwide Insurance, Associate Vice President of Agribusiness Underwriting

Gwendolyn Flowers

Feature Story

Gwendolyn Flowers  has accumulated more than 30 years of progressive experience in economics in government, academia, and the private sector. Dr. Flowers received her undergraduate degree in economics from Howard University in 1974, a Masters degree in agricultural economics from Oklahoma State University in 1980, and a Ph.D. in economics from Iowa State in 1983.

How to value a high-tech start-up.

Ask an Economist
Abbreviated Question: 
How to value a high-tech start-up.
Answer: 

If your company is based in the U.S., the valuation should be based on the standard CAPM. However, barring exceptional circumstances, one would expect the beta of such a firm to be closer to zero than the beta of an otherwise identical firm selling only in the U.S. market. There are two main reasons for the lower beta. First, foreign economies are less than perfectly correlated with the U.S. economy, meaning that even if foreign economies used the U.S. dollar as their currency, the firm’s revenues are likely to be less correlated with the U.S. market than if the firm sold only to the U.S.

Why is the deficit described as percentage of GDP?

Ask an Economist
Abbreviated Question: 
Why is the deficit described as percentage of GDP?
Answer: 

Let me start by reminding you that GDP is a measure of the total amount of goods and services produced in an economy, say the USA, in a year. So it sums the total value in dollars of everything that has been produced in the country in a given year.

So the GDP, as this measure of production, will include the value of the battleship produced this year, no matter who bought it, let’s say the government or someone in the “private sector” (even though not many private individuals would go around buying battleships).

Mary Holz-Clause

Feature Story

Major: Agricultural Business

Current employer/job title: University of Minnesota-Crookston, Chancellor

Phil Harris

Feature Story

Current employer/job title: Iowa State University’s Center for Agricultural Law and Taxation, visiting professor.

Phil Harris, an emeritus professor of agricultural and applied economics at the University of Wisconsin at Madison, is serving the center in a part-time role as visiting professor. He retired from the University of Wisconsin last spring.

Josh Roe

Feature Story

Current employer/job title: Deputy Secretary of Agriculture, Kansas Department of Agriculture

Josh Roe is the Deputy Secretary of Agriculture for the Kansas Department of Agriculture. He has been with the Kansas Department of Agriculture since 2014. Prior to the Department of Agriculture, he was an extension economist for Kansas State University Research and Extension focusing on water quality.

Will rise in GDP affect commercial boat ownership?

Ask an Economist
Abbreviated Question: 
Will rise in GDP affect commercial boat ownership?
Answer: 

Let me start by saying that I have expertise in the economics of commercial fishing. I cannot speak to whether GDP will increase next year. If GDP does rise, there may be channels by which commercial boat building and therefore boat ownership within the U.S. could increase. I doubt that a rise in GDP would substantially increase commercial fishing boat building and ownership. This is because most commercial fisheries in the U.S.

Drew Mogler

Feature Story

Current employer/job title: Iowa Pork Producers Association, Producer Education Director

In my position, I work closely with organizations like the National Pork Board, the Coalition to Support Iowa's Farmers, Iowa Farm Bureau, and Iowa State University to develop and distribute educational resources to pig farmers all across Iowa. These resources may include workshops, seminars, webinars, and newsletters about a wide range of topics that are important to Iowa's pig farmers.

Pages

Subscribe to Department of Economics RSS