Plenty of American office workers have used a Keurig coffee maker for a boost by now, and they can thank a Domer for the ubiquitous caffeine machine. Chris Stevens ’74 is one of the original four co-founders of Keurig Premium Coffee Systems. Launched in 1998, the company is now the largest seller of coffee brewers in America. Stevens, who majored in economics, is the vice president of corporate relations for Keurig.
Federal Reserve Bank of St. Louis President James Bullard discussed “A Singular Achievement of Recent Monetary Policy” on Thursday as part of the Theodore and Rita Combs Distinguished Lecture Series in Economics at the University of Notre Dame. During his presentation, Bullard discussed the large shock to the U.S. economy in 2008-2009 and what should have happened if monetary policy reacted in just the right way to the shock.
Despite official government statistics showing a rise in the number of poor in this country, poverty actually has fallen by 12.5 percentage points in the past 40 years, according to a new study by University of Notre Dame economist James X. Sullivan, whose research examines the consumption, saving and borrowing behavior of poor households in the U.S., and how welfare and tax policy affect the well-being of the poor. The paper was presented September 13 at the Brookings Institution’s fall 2012 conference on the Brookings Papers on Economic Activity.
James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis and a prominent contributor to U.S. monetary policy, will share his perspective on the state of the economy in a September 20 speech at the University of Notre Dame’s Washington Hall. Titled “U.S. Monetary Policy: Still Appropriate,” Bullard’s talk is the inaugural event in a speaker series designed to show students how economics can be applied to a broad range of fields.
The structure of a federal program that provides monthly subsidies to promote the adoptions of special needs children in foster care may actually be delaying some adoptions, according to a new study by University of Notre Dame economist Kasey Buckles.