Skip to main content

Admissions decisions trickling in

I applied to 12 Economics programs, 8 PhDs, 2 MAs and Harvard's Master in International Development program. I have heard from 6 schools. I will be posting the outcome after all the decisions have come in.

However as decisions have been coming in I have also been thinking about what I would really like to do. 5 or just 2 more years of schooling? Needless to say forfeiting paid work to get an education is a bold but commendable thing to do. If I were to matriculate into a PhD program it would have to be one that enables me to merge my interests in finance and economics - much like the financial economics program at Booth or International Economics and Finance at the International Business School at Brandeis. Those who know me well know that I spent my final year at Hampshire college researching financial deepening in Africa. My stint at the IMF has also piqued my interest in macro-financial linkages especially in the aftermath of the Great Recession. There exists so much information about these and other topics that I believe can sustain my interest for 5 years.

On the other hand a Masters in Economics would make me more competitive in the job market but only as long as there is no PhD vying for the same position. I would have more flexibility than I currently do. Of course, not all MAs are created the same: NYU's is one of the best in the country in-terms of preparing economists for the job market. The Kennedy school's MPAID program needless to say, is very respectable. I work with an alum who sings praises all the time :)

You may be wondering how it is that I can blog during this tense period. Well, I have discovered that checking gradcafe.com incessantly for other students to post their admissions results is the worst thing to do while you wait for graduate programs to email you. I nearly collapsed when I saw that my dream school had already sent acceptance emails and I still had not gotten anything. Oops..

An email just popped up on my outlook...gotta check

Comments

Popular posts from this blog

Modeling Core PCE inflation: A dual approach

Today's release of the August 2025 Personal Consumption Expenditures (PCE) inflation data drew widespread media attention, with coverage highlighting both the persistence of inflation and its implications for Federal Reserve policy. Across outlets, analysts pointed to resilient consumer spending and income growth as signs of underlying economic strength, even as inflation remains above the Fed's 2% target. The consensus among media reports is that while inflation is not worsening, its stubbornness continues to challenge policymakers navigating a softening labor market and evolving rate expectations. To provide deeper insights into inflation's trajectory, I've developed a forecasting framework that combines two econometric approaches — ARIMA time series modeling and Phillips Curve analysis—to predict Core PCE inflation. This analysis presents a unique opportunity to validate my forecasting methodology against eight months of 2025 data. ...

Mapping the Blast Radius: What Happens When the "World's Factory" Stops?

In global trade, "efficiency" often masks "fragility." We know that China is central to the global electronics supply chain, but how central? And if that node were to go dark, who would feel the shockwaves first? To answer this, I moved beyond standard trade statistics and built a network simulation using the OECD Inter-Country Input-Output (ICIO) Tables (2023 Edition) . This dataset maps the DNA of the global economy, tracking every dollar of input across 66 countries and 45 industries. 1. The Blast Radius: Tracing the Contagion I treated the global economy as a directed graph and simulated a total supply shock to Chinese Electronics (CHN_C26) . By tracing the flow of inputs across three tiers of buyers, I visualized the "Blast Radius" of this disruption. Fig 1: The Supply Chain Cascade. The shock originates in China (Red) and immediately hits "Tier 1" assembly hubs (Dark Blue) before cascading to global consumers...

Turkey's Informality Tax

A general-equilibrium model of Turkey's dual labour market says the cost of taxing formal work doesn't show up where we usually look for it. The bottomline: Making Turkey's transfer to the unemployed a third more generous raises unemployment from 8.6% to 9.2% . That is the honest cost, and it is not large. How you pay for it matters more than whether you pay for it. Funded by payroll taxes, the poor end up 0.6% worse off than before the transfer was raised — the policy defeats itself. Funded by VAT, they are 0.5% better off . The reason is not unemployment, which is nearly identical under both. It is informality . A higher payroll tax pushes formal jobs into the unregistered sector, where the wage is 43% lower and nothing is taxed. Turkey is not on the wrong side of the payroll-tax Laffer curve — revenue peaks around 53%, well above today's ~37.5% wedge. But the marginal cost...