The Robert Day School of Economics and Finance is pleased to welcome six new faculty members this year:

Amir Barnea, Assistant Professor of Financial Economics
Amir Barnea received his Ph.D. in Finance from the Sauder School of Business at the University of British Columbia.  Prior to joining the faculty at CMC, Professor Barnea served as a visiting finance professor at McCombs School of Business at The University of Texas at Austin. He has also taught courses at the University of British Columbia and the Hebrew University of Jerusalem.  His research interests include corporate finance, corporate governance, social networks, corporate social responsibility, and socially responsible investing.  His work on "Green investors and corporate investment” and "Israeli equivalent scales - another look" has been published in Structural Change and Economic Dynamics and Economic Quarterly, respectively. In the fall he will be focusing on his research in the areas of social networks and corporate social responsibility.

Nzinga Broussard, Assistant Professor of Economics 
Nzinga Broussard received her Ph.D. in Economics and Public Policy from the Rackham Graduate School at the University of Michigan.  Her research interests are development economics and labor economics with a focus on the African Economies. Her dissertation included research on “Aid and Agency in Africa: explaining food disbursements across Ethiopian households in the nineties,” “(Why) do self-employed parents have more children?” and “Food Aid and Adult Nutrition.”  Professor Broussard will be teaching “Principles of Economic Analysis” this fall.

Henrik Cronqvist, Assistant Professor of Financial Economics
Professor Cronqvist holds a Ph.D. in Finance from the Graduate School of Business at the University of Chicago. Professor Cronqvist’s research focus is corporate finance and behavioral finance. His research has been published in top-ranked academic journals in economics and finance, including the American Economic Review, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. His research is regularly presented at academic conferences around the world. Prior to joining CMC, Professor Cronqvist was with Ohio State University’s Fisher College of Business, where he in 2007 received the Pace Setter Outstanding Research Award, the College’s highest award for research contributions. At CMC, Professor Cronqvist has designed and teaches “Special Topics in Corporate Finance,” a course structured around the firm’s life-cycle that incorporates recent research on corporate finance and governance.

Cameron Shelton, Assistant Professor of Economics
Prior to joining the faculty at the Robert Day School of Economics and Finance, Professor Shelton served on the faculty at Wesleyan University. Professor Shelton received his Ph.D. in Political Economy from the Stanford Graduate School of Business.  His current research interests include public economics and macroeconomics: political economy and fiscal policy.  His work on government expenditure and on the welfare state has been published in the Journal of Public Economics. Professor Shelton will be teaching “Intermediate Macroeconomics” this fall.
 
Jungmo Yoon will be joining the faculty in June 2009 as an Assistant Professor of Economics, after completing his Ph.D. in Economics from the University of Illinois at Urbana-Champaign.  His current research interests are mainly econometric theory, in particular, quantile regression, Bayesian analysis, non- and semi-parametric methods. He also works in applied fields such as measuring performance of corporations and the decomposition of income inequality.  His work on “Parametric Links for Binary Choice Models: A Fisherian-Bayesian Colloquy” is forthcoming in the Journal of Econometrics, and "Changing Performance of Business Groups Over Two Decades: The Case of Korean Chaebols Before and After the 1997 Financial Crisis" is forthcoming in Economic Development and Cultural Change.

Fan Yu, Associate Professor of Financial Economics 
Before joining Claremont McKenna College, Fan Yu was on the faculty at UC-Irvine and Michigan State University. He has also conducted employee training at PIMCO on hedging strategies and derivatives valuation. His research interests are in the areas of credit risk, fixed income, and derivative securities.  Professor Yu has published in several top journals and was featured in Pensions and Investments as one of the “Cutting Edge Academics.”  He also won multiple research grants from Moody’s and the FDIC. Prior to receiving his PhD in Economics from Cornell University, Professor Yu studied physics at McMaster and Harvard Universities. He will be teaching “Topics: Investments and Valuation” this fall.