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Morrissey College of Arts and Sciences

Department of Economics

boston college


Do Trade Deficits Hurt the Economy?

Associate Professor of Economics Robert Murphy weighed in on President Trump's tweet on trade deficits and the economy on Marketplace Radio.

2017-18 Dissertation Fellowships Awarded

The prestigious semester Dissertation Fellowships sponsored by the Graduate School of the Morrissey College of Arts and Sciences have been awarded to Dominique Brabant and Pierre De Leo. 

In addition Gian Caspari, Michael Connolly, Bogdan Genchev, Marco Ghiani, and Tina Letsou have been awarded Departmental dissertation fellowships for this summer.


Boston College Economics PhD Program Climbs to 25th Place in the U.S. News and World Report Ranking of Top Graduate Programs in Economics

According to the recently released U.S. News ranking of US Ph.D. programs in economics, the BC economics program is ranked 25th overall, with an improvement of seven positions relative to the last ranking. The U.S. News ranking is a reputational ranking based on a survey of academics at peer institutions. It is therefore sticky and tends to lag actual improvements, which are captured more quickly by rankings based on more objective criteria.  For instance, according to the February 2017 IDEAS ranking of economics departments based on faculty publications, the BC economics department is ranked 18th in the US and 26th worldwide. The two rankings appear to be converging, as they both reflect the increasing excellence of the BC economics program's faculty and students.

For the 2017 US News ranking see:

For the latest IDEAS ranking see:

Selected Publications

"Overconfident Consumers in the Marketplace," Michael D. Grubb, Journal of Economic Perspectives, (Fall 2015; PDF)

"In the Name of the Son (and the Daughter): Intergenerational Mobility in the United States, 1850-1940," Claudia Olivetti and M. Daniele Paserman, American Economic Review, (08/2015, PDF)

"Sufficient Statistics for Tariff Reform when Revenue Matters," James E. Anderson, and J. Peter Neary. Journal of international Economics, (2016, PDf)

"Information in Tender Offers with a Large Shareholder," Mehmet Ekmekci and Nenad Kos, Econometrica, (01/2016, PDF)

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