Three Ph.D. students in the Department of Economics have been awarded dissertation fellowships by the Economic Club of Washington, D.C.  The Economic Club fellowships give $10,000 to students doing doctoral research in business, economics and public policy at schools in the Washington, D.C. area.  These are competitive awards; only three are given annually, and this year our department’s students won all three awards.  Yongjoon Park will receive the Philip M. Dearborn Fellowship to pursue his research on the impact of airline mergers.  Sai Luo and Veronika Penciakova will receive the Vernon E. Jordan, Jr. Fellowship to pursue their research on the causes of recent declines in labor force participation and the impact of corporate ownership concentration and diversification on risk-taking, respectively.  Congratulations to these students and their lead advisors, Profs. Andrew Sweeting (Park), Judy Hellerstein (Luo) and Sebnem Kalemli-Ozcan (Penciakova).  For more information on these fellowships, click here:  //econ [dot] umd [dot] edu/owa/Harmon [at] econ [dot] umd [dot] edu/redir.aspx?SURL=l5wrNWjFySB3D0ErXXcWttxaZQSusiMa4x0njZXR2uvEUGHBpKvVCGgAdAB0AHAAcwA6AC8ALwB3AHcAdwAuAGUAYwBvAG4AbwBtAGkAYwBjAGwAdQBiAC4AbwByAGcALwBwAGgAaQBsAGkAcAAtAG0ALQBkAGUAYQByAGIAbwByAG4ALQB2AGUAcgBuAG8AbgAtAGUALQBqAG8AcgBkAGEAbgAtAGoAcgAtAGQAbwBjAHQAbwByAGEAbAAtAGYAZQBsAGwAbwB3AHMAaABpAHAAcwA.&" target="_blank">

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