Over the years several large-scale research projects have been undertaken in association with the Department of Economics. These projects are usually supported by outside funding. Typically they provide opportunities for graduate students to do research and to work as research assistants. At this time four such projects are associated with the Department of Economics.
Maryland Population Research
Center (MPRC)
Center for Institutional Reform and the Informal Sector (IRIS)
IRIS is a policy research and advisory center dedicated to facilitating
economic growth and improving governance in developing and transition countries.
In partnership with international donors, reformers, and scholars, IRIS conducts
research, designs and implements programs, and promotes the sharing and
application of innovative ideas and insights. Based in economics, but taking an
interdisciplinary approach, IRIS focuses on the role of institutions — the
formal and informal rules by which individuals organize economic, political, and
social activity. IRIS’s main areas of expertise include economic and
institutional analysis, enterprise development, governance and civil society,
and legal and regulatory reform.
IRIS was founded in 1990 by
Mancur Olson, an eminent economist and
social-science thinker, with a grant from the
United States
Agency for International Development (USAID).
Olson was dedicated to developing and
implementing the insight that strong political
and legal institutions are not only a hallmark
of good governance but also a critical
determinant of economic growth. Development
economics and growth theory (which traditionally
concentrated on capital accumulation and
technological progress) now broadly incorporate
Olson’s emphasis on institutions.
Located in the Economics
Department at the University of Maryland,
College Park, IRIS is staffed by lawyers,
economists, and development specialists. IRIS
operates within University Research Corporation,
International — a non-profit research and
advisory affiliate of the University. IRIS is
currently led by Executive Director
Dr. Dennis H. Wood.
IRIS research has been important to the
increasing acceptance of the idea that
institutions such as contract enforcement and
property rights are important to levels of
investment and income in developing economies;
that political governance plays a causal role in
the quality of these institutions and that
symptoms of institutional failure, such as
corruption or low levels of credit, will be
remedied mainly by attention to institutions
that are often taken for granted in more
prosperous societies. This work has led to over
260 programs in more than 70 countries including
Albania, Armenia, Bangladesh, Bolivia, Bosnia,
Bulgaria, Chad, Egypt, Georgia, India,
Indonesia, Kazakhstan, Macedonia, Madagascar,
Malawi, Mongolia, Morocco, Nepal, Peru, Poland,
Romania, Russia, Ukraine, and Zambia. Support
for IRIS work comes from USAID, the Millennium
Challenge Corporation, the World Bank, the Asian
Development Bank and other multilateral donors,
bilateral donors such as the German and Swedish
development agencies, private foundations and
developing country governments.
The work includes collaborative research
programs with local universities and institutes,
development of legal reforms from civil codes to
sector-specific reforms, field studies of
institutional quality and service delivery,
convening of more than 300 conferences and
seminars to disseminate research and best
practices and training for local officials and
reform leaders. The research program has
produced more than 300 working papers and
country reports; over 100 articles published in
refereed economics, legal, and political science
journals; and 15 books.
IRIS provides research opportunities for
graduate students and exposure to donors and
other institutes around the world with whom IRIS
has on-going projects. Several IRIS staff are
Maryland graduates; other IRIS graduate student
alumni have moved on to jobs in academia,
international organizations, and the private
sector. A
Visiting Scholar program
brings leading scholars from around the
world to IRIS for extended stays. IRIS also
employs around a dozen students each semester to
assist in daily operations. More information on
IRIS can be found at
http://www.iris.umd.edu
INFORUM
Inforum, or the Interindustry Forcasting Project at the University of
Maryland, was founded 40 years ago by Dr. Clopper Almon, now Professor Emeritus
of the University. It is dedicated to improving business planning, government
policy analysis, and the general understanding of the economic environment.
Inforum accomplishes this mission through:
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Building and using structural economic models of U.S.
and other economies. Inforum pioneered the construction of dynamic,
interindustry, macroeconomic models which portray the economy in a unique
"bottom-up" fashion.
-
Working with government and private sector research
sponsors to investigate a variety of issues. Economic projections and
analysis using Inforum econometric models are distinguished by detail at
the industrial and product level.
-
Serving as a training crucible for University of
Maryland graduate students who receive valuable training in empirical
economics. Indeed, Inforum graduate research assistants have completed
over 40 Ph.D. dissertations, most of which have contributed directly to
the infrastructure of Inforum.
-
Maintaining active and productive ties with a
world-wide network of research associates, each of which uses Inforum
modeling methods and software. The Inforum partners have held annual
conferences since 1993.
Most of Inforum’s analyses involve the development and
use of Interindustry-Macroeconomic (IM) models that combine input-output
structure with econometric equations in a dynamic and detailed framework.
Because of their ability to portray the detailed structure of economies over
actual time periods, these models fill an important gap in the inventory of
existing models of the U.S. and foreign economies. For example, the models
are used to answer "what if" questions on the impact across industries of
fluctuation in the macroeconomic environment, such as changes in exchange
rate or tax policy. The effects on demands, revenue, production and trade
can be described at a level of 97 sectors, or for many scenarios, at the 360
sector-level.
Inforum researchers explore economic phenomena and principles in a
nonpartisan fashion, according to generally accepted economic theory and
econometric methods, regardless of the implications for public policy or
private strategy. It is known for proficiency with specific economic data
and methodologies, especially for industry-level data, input-output
techniques, global data sets, international comparisons, and modeling
software. Using this expertise Inforum also builds industrial forecasting
and "satellite" models to connect data for more detailed sectors to a more
aggregated environment. Indeed, many sponsors use Inforum software and
models on their computers for routine analysis or issue-specific research.
Center for International Economics
The Center for International Economics was created in 1993 to provide
both a focal point for research on international economics within the
Department of Economics. Center activities have included seminars on
international economics, a working paper series, invitations to visiting
scholars, and conferences on relevant policy and conceptual issues bringing
together experts and policymakers from academia and international financial
institutions. The Center also supports a number of graduate students and has
sponsored programs with outstanding universities and research centers around
the world.
Faculty in the Center include Allan Drazen,
Nino Limão, Enrique
Mendoza, and Carlos Vegh. Their research spans a
diverse set of topics in international finance
and trade.
Maryland Population Research Center (MPRC)
The Maryland Population Research Center (MPRC) is a multidisciplinary
center dedicated to population-related research and housed in the College of
Behavioral and Social Sciences (BSOS) at the University of Maryland, College
Park. Our primary goal is to draw together leading scholars from diverse
disciplines to support, produce and promote population-related research of
the highest scientific merit. The Center's research focuses on four key
areas:
(1) social and economic inequality,
(2) gender, work, family and fertility,
(3) life course analyses of health and disability, and
(4) data development for population research.
The Center strives to develop young scholars and to encourage scholars
from allied fields to engage in population-related research through research
support, training and mentoring. The Center's proximity to Federal
statistical agencies allows scholars access to under-utilized or
restricted-use government data for their research. This
university-government partnership allows Center faculty members to conduct
innovative academic research while contributing to the improvement of data
collection at the Federal statistical agencies, thereby enhancing the public
infrastructure for population research. The Center's proximity to
Washington, D.C. also strongly positions its faculty to provide
non-partisan, scientific evidence on population-related issues of importance
to policy makers.
For additional information, please visit the website:
http://www.popcenter.umd.edu
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