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March 2022 Newsletter for PhD Students

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Announcements from Vice Provost for Education Karen Detlefsen, Ph.D.

Welcome to this special edition of the VPE newsletter just for PhD students!

2022-2023 PhD Stipend I am happy to announce that the University’s minimum stipend level will increase 4.25% to $ 30,547 for nine months in the 2022-2023 academic year. Some schools and programs provide stipends above the minimum; check with your school to confirm your stipend amount for next year. I am particularly pleased that this is the fourth consecutive annual increase over 4% for minimum stipends, despite the many disruptions to our University operations. These stipend increases demonstrate the University’s strong and continued commitment to our PhD students.

Pilot Program to cover Penn Student Health Insurance Plan for PhD students on medical and family leave I am also very pleased to announce a pilot program, beginning in July 2022, for PhD students whose funding includes health insurance to continue to receive coverage for their individual health insurance while on medical or family leave for one full semester. Students may also petition to be considered for a second full semester of medical leave. We are hopeful that this additional benefit will support students taking a necessary break from their studies. The Penn Student Health Insurance Plan (PSIP) coverage during the fall semester extends from August 1-December 31. PSIP coverage during the spring semester extends from January 1-July 31. 

I am also happy to share with you that the 2022-23 PSIP will include an optional national dental plan. More details about this new benefit will be available later in March. Many thanks to the students on the Student Health Insurance Advisory Committee (SHIAC) who advocated for this additional benefit. The cost of PSIP next year will be $4,029. This price reflects a generous University subsidy of $240 per enrollee , which reduces the cost of the annual premiums for our students.  Many PhD funding packages cover this annual premium.

Resources for PhD students

I want to remind you that the Graduate Student Center’s Academic Policies and Support page for PhD students includes resources you might useful, including the Advising & Mentoring PhD Students Guide , Graduate Group Review Student Feedback Form , Navigating the Academy Programs , and more. The Graduate Group Feedback Form can be used at any time by students to convey — anonymously or not – feedback about your experiences in your Graduate Group. Forms are submitted to the Office of the Provost, not to the Graduate Group. 

In addition, Individual Development Plans (IDPs) are useful tools to help you set goals and stay on track while you are doing research and coursework. IDP s can help you identify, develop, and improve skills oriented toward academic and career goals. Some students at Penn are already required to use IDP s; however, we encourage all students to explore IDP tools. Here are a few to consider:

• Imagine PhD for students in the humanities and social sciences
• myIDP for students in the sciences
• ChemIDP for students in Chemistry

Booster Shot Information Beginning March 14, students who have not yet uploaded their information, or are not yet booster-eligible, will be required to undergo screening testing twice each week. This requirement will be lifted once the booster information is uploaded. As a reminder, all students must upload their booster vaccine information into their  Student Health Portal .

Family Center phased reopening Beginning Monday, March 14, the Family Center facility located at 3615 Locust Walk will be open for in-person events and lactation room reservations. During this time, the facility will not be open regular operating hours, however, the space can be enjoyed and utilized during upcoming events. Please visit the website to register for events and submit your lactation room reservations:  www.familycenter.upenn.edu

Upcoming Programs and Activities  

All times listed are for the Eastern Time Zone (NY/PA) unless otherwise specified. 

Publishing Workshops Learn strategies and tips for how and where to share your research during this workshop series:

• Responsibly Sharing your Scholarship March 15 @ 2 PM
• Introduction to Data Visualization March 30 @ 2 PM
• Introduction to Online Academic Profiles April 4 @ 2 PM
• Raising the Visibility of Your Scholarship April 5 @ 1 PM
• Spotting Low-Quality Journals April 7 @ 2 PM

Cosponsored by Penn Libraries and the Graduate Student Center. Learn more and register at www.gsc.upenn.edu/events .

Online Dissertation Workshops Learn the basics of copyright and ethical norms around reuse and documenting the work used in your dissertation during this workshop series.

• I Finished My Dissertation, Now What? March 28th @ 2 PM
• Copyright and Dissertation April 11th @ 1 PM
• Ethical Dissertation Writing April 12th @ 2 PM

Cover Letters: From Experience to Narrative Thursday, March 17, 1:00-2:00 PM; Grad Center #304 During this workshop we will cover how to analyze job descriptions, and attendees will practice translating their own experiences into cover letter-ready narratives. This workshop is open to graduate and professional students from across Penn who are interested in roles beyond tenure-track faculty roles. Cosponsored by Career Services and the Grad Center. Learn more and register at www.gsc.upenn.edu/events .

See more upcoming events and activities:

• Grad Center Events Calendar
• Grad Center “Events Around Campus” Calendar
• University Life Calendar of Events

Highlighted Opportunities 

Wolf Humanities Center Graduate Research Fellowships Deadline: March 21 The Wolf Humanities Center offers two one-year research fellowships to Penn graduate students in the humanities who are ABD and conducting research related to an annual theme. The 2022-23 theme is Heritage. Research fellows receive $2,500 each and are required to attend the Center’s weekly Mellon Research Seminar and to present their work at one of the sessions.  https://wolfhumanities.upenn.edu

Y.H. Park Fellowship Deadline: March 27 One-year fellowship to support a Ph.D. or a research master’s student in the humanities, social sciences, international management, international studies, or fine arts whose primary research area is Korea and whose thesis/dissertation will be on Korea. Fellows must have sufficient Korean-language proficiency to use Korean-language sources in conducting research and writing dissertations.

To see additional fellowships and award opportunities, visit CURF Resources for Graduate Students and Grad Center Grants and Fellowships webpages. For general information about graduate funding and need-based aid, please visit the  Graduate Funding and Finances  section of the Graduate Resource Guide.    

About the Vice Provost for Education 

The Vice Provost for Education oversees undergraduate and graduate education at Penn, developing and implementing policies that promote academic excellence, innovative teaching and learning, and interdisciplinary knowledge across the University. The Vice Provost chairs the Council of Undergraduate Deans, the Council of Graduate Deans, the Council of Professional Master’s Degree Deans, the Graduate Council of the Faculties, and the Faculty Advisory Council for Access and Academic Support Initiatives. 

Graduate Student Center University of Pennsylvania 3615 Locust Walk Philadelphia PA 19104 215-746-6868

[email protected]

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Placement information.

The market for economists remains strong: universities, colleges, business firms, international organizations, and government agencies have numerous openings, and graduates of high quality Ph.D. programs have no difficulty in finding rewarding positions that pay well.

The Penn Economics Department assists its Ph.D. candidates to find appropriate positions by circulating everyone's credentials to well over a thousand employers of Ph.D.- level economists, by advising students at every step of the job hunting process (i.e., application procedures, interviews, presentation of research seminars, negotiations, and decisions), and by urging particular employers to consider qualified Penn students. An established member of the senior faculty serves as Graduate Placement Officer to coordinate the process and help all students. Individual faculty members in the student's field (including the primary dissertation advisor) offer extensive personal help.

Resources are also available through Penn Career Services , which employs professional counselors specifically for graduate students.

During recent years, Penn students have accepted academic positions at Boston University, Brown, UCLA, and Carnegie Mellon, University of Chicago, Columbia, Cornell, and Georgetown, University of Illinois, Indiana University, University of Iowa, University of Michigan, University of Minnesota, MIT (Sloan), New York University, University of North Carolina (Chapel Hill), Northwestern, Princeton, Purdue, Rutgers, Stanford, Williams, and Yale, among others.

Nonacademic positions have been accepted, at Bell Laboratories, the Board of Governors of the Federal Reserve System, the Federal Trade Commission, the International Monetary Fund, and the World Bank. Many foreign students return to their native countries and take important public, private, and university positions.

The following is a list of offers accepted by Penn students:

Ando, Yoshiki - Boston University (post-doc) & Singapore Management University (SMU) in July 2025

Bednarek, Pawel  - Cornerstone 

Goonetilleke, Priyanka  - Northwestern (Visiting Assistant Professor of Law)

Huetsch, Leon - University of Lausanne

Hui, Kathleen  - U.S. Department of Justice  

Kim, Min - Vanguard

Kuriksha, Artem  - Uber

Lam, Justin Franco  - Hong Kong Monetary Authority

Mora Melendez, Aaron  - University of South Carolina 

Morales Mendoza, Rodrigo  - Ave Maria University

Ritto, Joao  - University of Toronto

Wang, Shasha - World Bank

Yuan, Zhemin  - Jinan University 

Andrew Arnold - Department of Justice's Economic Analysis Group

Cuimin Ba - University of Pittsburgh

Emilio Borghesan - Industrial Relations section at Princeton (post-doc) before joining University of Michigan

Sara Casella - LUISS Joint with EIEF and Stockholm IIES (post-doc)

Assa Cohen - Finance Department in Yeshiva University's Sy Syms School of Business

Alice Gindin - Middlebury College 

Sajad Ghorbani - Cornerstone Research 

Jincheng (Eric) Huang - IMF

Nawaaz Khalfan -  Monash University

Dohan Kim - Bank of Korea

Lucie L'Heude - Bates White

David Mao - Uber

Sean McCrary -  Ohio State University

Marko Mlikota -  Geneva Graduate Institute

Dick Oosthuizen - NERA Economic Consulting

Elsie Peng -  Goldman Sachs Global Investment Research

Xincheng Qiu - Arizona State University

Pedro Brandao Solti - Qtron Investments

Di Tian - HKUST

Ricardo Vieira Marto - St Louis Fed

Xiaoliang Wang - HKUST

Kan Xu - Department of Information Systems at Carey School of Business, Arizona State University

Jungsoo Yoo - Charles River Associates

Ryan Zalla - Vanguard

Boyuan Zhang - Amazon (post-doctoral scientist)

Edvard Bakhitov - Facebook

Minji Bang - City University of Hong Kong

Sarah George - Microsoft

Akihisa Kato - Osaka University (Bank of Japan (post doc))

Changhwa Lee - Bristol (Rochester Business School (post doc))

Sherwin Lott - Susquehanna International Group 

Jinfeng Luo -  Lingnan university  (Bonn (post doc))

Yueyuan Ma - University of California, Santa Barbara

Jason Sockin - US Treasury

Ni Wang - IMF

Yaacov Wittman - Cornerstone

Jianhong Xin -  Amazon as an Applied Scientist

Gorkem Bostanci – University of British Columbia Omer Faruk – Penn State University, Visiting Assistant Professor Marc Folch –   Postdoc Center for the Economics of Human Development  Philippe Goulet Coulombe – University of Quebec at Montreal Joao Granja De Almeida – University College London (UCL)  Youngsoo Heo – Korea Development Institute  Michal Hodor –Tel Aviv University (Coller School of Management) Ashwin Kambhampati – US Naval Academy  Tomas Larroucau – Arizona State University  Hanbaek Lee – University of Tokyo (next year postdoc at Cambridge)  Desen Lin – Cal State Fullerton  Ruizhi Ma – Analysis Group  Alejandro Sanchez Becerra – Emory (next year postdoc at NYU)  Kris Shaw - University of Manitoba Seung-Ryong Shin - Korea Development Institute  Gabrielle Vasey  - Concordia University (next year postdoc at Harvard Kennedy School)  Sergio Villalvazo – Federal Reserve Board  Wu Zhu - Tsinghua SEM Finance

Harun Alp -   Federal Reserve Board

Sumedh Ambokar - Capital One

Brian Collopy - Amazon

Mallick Hossain - Philadelphia Fed

Ming Li - Chinese University of Hong Kong, Shenzhen

Minshen Li - JD.com

Zhenqi Liu - Johns Hopkins University

Andre Victor Luduvice - Cleveland Fed

Paolo Martellini - Wisconsin (next year, postdoc at Mpls. Fed)

Qi Pan - The Chinese University of Hong Kong, Shenzhen

Stefano Pietrosanti - Bank of Italy

Kian Samaee - Charles River Associates

Peng Shao - Auburn University

Le Xu - Shanghai Jiao Tong University

Gloria Allione – Bank of Italy

Minsu Chang – Georgetown University

Yiran Chen – Cornerstone

Xiang Fang – The University of Hong Kong, Finance

Timothy Hursey – Afiniti

Kory Kantenga – Cornerstone

Joonbae Lee – KISDI (Korea Institute for Information Society and Development)

Nishant Ravi – Indian School of Business

Eugenio Rojas – University of Florida

Paul Sangrey – Amazon (Seattle)

Carlos Luis Segura-Rodriguez – Central Bank of Costa Rica

Takeaki Sunada – University of Rochester

Hanna Wang – Autonoma Barcelona/Move

Junyuan Zou - INSEAD

Raphael Galvao - Universidad Alberto Hurtado, Chile 

Qing Gong – University of North Carolina, Chapel Hill

Pengfei Han – Peking University

Zahra Mohammadi – Capital One

Maria Jose Orraca Corona - Ministry of Finance, Mexico

Gokhan Oz – Analysis Group

Zhesheng Qiu - City University of Hong Kong

Benjamin Rosa – Virginia Tech

David Zarruk Valencia – ITAM

Weilong Zhang – Cambridge University

Rodrigo Azuero Melo - IMPAQ International

Alberto Ciancio - Penn Populations Studies Department - Post Doc

Mustafa Dogan - Post-Doc at Heinz College at Carnegie Mellon University

Kristijan Gjorgjevik - Cornerstone Reseach - Associate

Daniel Hauser - 2 Year Post-Doc at Aalto University - Finland

Juan Manual Hernandez - Inter American Development Bank

Nicholas Janetos - Penn Wharton Public Policy Initiative - Research Analyst

Ami Ko - Georgetown University

Yunan Li - City University of Hong Kong

Laura Liu - Federal Reserve Board

Yang Liu - University of Hong Kong

Rossa O'Keeffe-O'Donovan - Oxford Post-Doc

Pau Pereira-Batlle - Amazon

Jan Tilly - QuantCo (Start-up)

Daniel Wills - Universidad de Los Andes, Econ

Mauricio Calani -  Central Bank of Chile

Gustavo Camilo Vincent - Cornerstone Research

Murat Celik - University of Toronto

Hongseok Choi - City University of Hong Kong, Finance

Selman Erol - Carnegie Mellon University (Tepper)

Ju Hu  - Peking University

Junwen Liu - Black Rock

Ekim Muyan - Cornerstone Research

Daniel Neuhann - University of Texas, Austin

Devin Reilly - Analysis Group

Francisco Silva - Universidad Catolica, Chile

Yu Wang - Ryerson University

Yanhao Wei - University of Southern California, Marshall

Chunzan Wu - University of Miami

Yin Yin Yu - Vanguard, Senior Research Economist

Diego Amador - Universidad de los Andes (Colombia)

Sina Ates - Federal Reserve Board of Governors

Salome Baslandze - Einaudi Institute for Economics and Finance  (EIEF)

Garth Baughman - Federal Reserve Board of Governors

Lorenzo Braccini - Bank of Italy

Rudolph Henkel - Ursinus College

Zehao Hu - Xiamen University 

Yumi Koh - Singapore Management University

Tzuo Hann Law - Boston College

Hui Li - Carnegie Mellon University (Tepper)

Qiusha Peng - Cambridge Busines School (Post-doc)

Kotbee Shin - Korean Institute of International Econ Policy

Minchul Shin - University of Illinois, Urbana-Champaign

Seul-ki Shin - Penn Wharton Public Policy Initiative (Economist)

Zachary Stangebye - University of Notre Dame

Fan Wang - University of Houston

Zenan Wu - Peking University

Molin Zhong - Federal Reserve Board of Governors

Naoki Aizawa - University of Minnesota

Tanida Arayvechkit - City University of Hong Kong

Luigi Bocola - Northwestern University

Nils Gornemann - Federal Reserve Board of Governors

Nicolas Grau - Universidad de Chile (Post-Doc)

Naijia Guo - Chinese University of Hong Kong

Douglas Hanley - University of Pittsburgh

Ilwoo Hwang - University of Miami

Olga Itenberg - University of Rochester, Simon School of Business

You Suk Kim - Federal Reserve Board of Governors

Kurt Mitman  - Stockholm University

Yena Park - University of Rochester, Dept. of Economics

Suryun Rhee - University of Hawaii

Felipe Saffie - University of Maryland

Eun-young Shim - University of California, San Diego (Post-Doc)

Dongho Song - Boston College

Can Tian - Shanghai University of Finance and Economics

Pilar Alcade - Universidad de los Andes

Anton Badev - Federal Reserve Board

Mark Bognanni - Federal Reserve Bank of Cleveland

Danielle Catambay - Hitotsubashi University

Han Chen - Federal Reserve Board

Jaesung Choi - Sung Kyun Kwan University

Francesc Dilme - University of Bonn

Rong Hai - University of Chicago (Post-Doc)

Soojin Kim - Purdue University

Fei Li - University of North Carolina, Chapel Hill

Chencan Ouyang - Kaneka Holdings

Hikaru Saijo - University of California, Santa Cruz

David Weiss - Tel-Aviv University

Zhao Yang - Cornerstone Research

Chamna Yoon - Baruch College, CUNY

Andrew Clausen - University of Edinburgh

Allan Dizioli - International Monetary Fund

Grey Gordon - Indiana University

Drew Griffen - University of Tokyo

Aaron Hedlund - Baylor University

Xiangting Hu - Hanqing Advanced Institute of Economics and Finance at Renming University

Chong Huang - University of California, Irvine

Karam Kang - Carnegie Mellon University

Fatih Karahan - Federal Reserve Bank of New York

Stanislav Rabinovich - Amherst College

Cezar Santos - University of Mannheim

Michela Tincani - University College London 

Alvaro Aguirre - Central Bank of Chile

Abhinash Borah - University of Mainz, Germany

Fei Chen - School of Economics, HUST

Eleanor Harvill - Abt Associates

Edward Herbst - Federal Reserve Board

Hans Holter - Uppsala University, Sweden

Mitsuru Katagiri - Bank of Japan

David Mann - Mathematica

Nirav Mehta - University of Western Ontario

Myat Mon - University of Southern California Post Doc

Serdar Ozkan - Federal Reserve Board

David Russo - Cornerstone Research

Gil Shapira - World Bank

Serhiy Stepanchuk - Bank of Hungary

Robert Tayon - Barclays Capital

Naoki Wakamori  - Bank of Canada

Liang Wang - University of Hawaii

Xi Weng - Peking University

Wen Yao - Bank of Canada

Larbi Alaoui - Universitat Pompeu Fabra

Dionissi Aliprantis - Federal Reserve Bank of Cleveland

Efraim Berkovich - Manhattanville College

Abhinash Borah - Royal Holloway University

Chao Fu - University of Wisconsin, Madison

Christina Fuentes-Albero - Rutgers University

Matthew Hoelle - Post-Doc, European University Institute, Florence, Italy

Jian Hua - Baruch College City University of New York

Clement Joubert - University of North Carolina, Chapel Hill

Geena Kim - IMPAQ International

Maxym Kryshko - International Monetary Fund

Leonardo Melosi - London Business School

Omer Parmaksiz - Middle East Technical University

Antonio Penta - University of Wisconsin, Madison

Jonathan Pogach - FDIC

Seth Richards - Carnegie Mellon, Heinz College, PPM

Sergiy Stetsenko - Moody's Economy.com

Yijuan Chen - Australian National University

Sekyu Choi - Universitat Autonoma de Barcelona

Marco Cosconati - IADB (Interamerican-Development Bank)

Michael Fuenfzig - ISET in Tbilisi, Georgia

Athanasios Geromichalos - University of California, Davis

Michaela Gulemetova-Swan - National Education Association

Kyungmin (Teddy) Kim - Hong Kong University of Science and Technology

Kei Muraki - Ministry of Finance, Japan

Roberto Pinheiro - University of Colorado, Business School

Shalini Roy - International Food Policy Research Institute (Post Doc)

Deniz Selman - Bogazici University

Matthew Swartz - Department of Labor

Viviana Velez-Grajales - InterAmerican Development Bank, Washington, DC

Takanori Adachi - Tokyo Institute of Technology

Olivia Ceccarini - Bates White

Hong Chong Cho - Samsung Corporation

Enestor Dos Santos - Banco Bilbao Vizcaya Argentaria (BBVA, Research)

Javier Gonzalez - Treasury Department, Government of Mexico

Hailey Hayeon Joo - Ohio University

Seon Hye (Claire) Lim - Stanford University GSB

Raul Santaeulalia-Llopis - Washington University, St. Louis

Georg Strasser - Boston College

Jose Suarez-Lledo - Universidad Autonoma Barcelona

Nicola Tosini - ESMT Competition Analysis, Berlin

Adhemar Villani Junior - Unibanco

Anthony Yuen - Constellation Energy

Taeyoung Doh - Federal Reserve Bank of Kansas

Ahu Gemici - New York University

Daniela Iorio - Automoma Barcelona

Benjamin Lester - University of Western Ontario

Juan Licari - National University of Cordoba

Xiaojing Ma - University of Economics and Fin at Shanghai

Mari Sakudo - Post Doctoral Scholar at Univ of Chicago

Rafael Silveira - Bank of America

Daniel Velazquez-Nunez - Deloitte & Touche in Washington

Lodewijk Visschers - Simon Fraser University

Sungbae An - Singapore Managment University

Eduardo Faingold - Yale University

Manolis Galenianos - Pennsylvania State University

Jorge Gallardo-Garcia - Bates White

Jayhwa Hong - Rochester University

Gaoquan Liu - City University of New York

Claudio Lucarelli - Cornell University, PAM

Tetsuya Maruyama - Intel Corporation

Jose Rodriguez-Pueblita - McKinsey & Co.

Jae Eun Song - Korean Institute of Finance

Melissa Tartari - Yale University

Irina Telyukova - University of California, San Diego

• Simon Fraser University
• University of Nevada
• Hong Kong University of Science and Tech
• University of Iowa
• Northwestern University (MEDS)
• University of Georgia
• Virginia Tech
• New York University
• Aplia, Inc.
• Board of Governors, DC.
• Western Ontario
• University of Texas at Austin
• Department of Finance-University of Illinois at Chicago
• University of Adelaide (Australia)
• Middle East Technical University
• Korea Development Institute
• California Institute of Technology
• University of Illinois-Urbana/Champaign
• International Monetary Fund
• The World Bank
• Bank of Canada
• Ohio State University
• Singapore Management University
• University of Maryland.

• Youth Program
• Wharton Online

PhD Program

Wharton’s highly selective Ph.D. program in Applied Economics offers students many resources not available at other institutions, such as a 1:1 faculty to student ratio and an up-front guarantee of five years of funding with minimal teaching requirements. Combining the faculties of the departments of Real Estate and Business Economics & Public Policy, Wharton’s Applied Economics program leverages the breadth and depth of its faculty to prepare students for careers doing frontier theoretical and empirical research. Students can focus on a variety of areas including Behavioral Economics, Development Economics, Energy and Environmental Economics, Industrial Organization, Market Design, Public Economics, Risk Management, and Urban Economics and Real Estate. Students may also develop an inter-disciplinary focus by taking courses and working with faculty in some of the other departments at Wharton such as Finance, Health Care Management, Management, and Marketing.

All admitted students are granted a fellowship, including tuition, fees, and stipend.  Details about the application process, deadlines and requirements are available here

Program Requirements

Prospective students interested in pursuing a degree in Applied Economics  must apply for admission to the Wharton Doctoral Programs in Applied Economics.

Applicants may, if they wish, indicate a preferred field of study in their application. All applicants must provide valid test scores — the Applied Economics program accepts only the GRE. We do not require a minimum GRE score, however math scores among students admitted in the last few years were all above the 90 th percentile. In making our decision, we look at your GRE scores as well as the rest of your application: grades, coursework, work and research experience, essays, and recommendation.

We recommend at least three courses in mathematics, such as calculus, linear algebra, and real analysis, and at least three courses in statistics/econometrics. We prefer an economics undergraduate degree along with the math requirements noted above or a math/statistics degree with several courses in economics (at least up through intermediate microeconomics and macroeconomics).

Course Information

• Course Descriptions
• Course Schedule
• Doctoral Inside: Resources for Current Phd Students

More Information

• Applied Economics Faculty
• Phd Photo Gallery
• Prospective Students to Phd Program in Applied Economics
• Job Market Placement