News Summary
The University of Pennsylvania’s School of Arts and Sciences has created the William P. Carey Professorship in Economics, thanks to a $3 million donation from the W.P. Carey Foundation. This professorship will enhance interdisciplinary research linking economics and political science, with Enrique Mendoza appointed as the inaugural professor. Mendoza’s research specializes in international capital flows, financial crises, sovereign debt, and business cycles, highlighting the university’s commitment to integrating these critical disciplines.
Philadelphia, PA – School of Arts and Sciences Establishes Professorship in Economics Following $3 Million Donation
The University of Pennsylvania’s School of Arts and Sciences has established the William P. Carey Professorship in Economics, following a generous $3 million donation from the W.P. Carey Foundation. This endowed chair aims to foster interdisciplinary research connecting economics and political science.
Enrique Mendoza, a professor in the Department of Economics, has been appointed as the inaugural William P. Carey Professor of Economics. Mendoza’s research focuses on international capital flows, financial crises, sovereign debt, and business cycles. His appointment underscores the university’s commitment to integrating economic and political science disciplines.
Dean Mark Trodden highlighted the foundation’s belief in the mutual enhancement of economics and political science, noting that Mendoza exemplifies this connection through his work in both public service and research.
W.P. Carey Foundation’s Commitment
The W.P. Carey Foundation, established by William Polk Carey, has a history of supporting initiatives that bridge economics and political science. Alongside establishing the William P. Carey Professorship in Economics, previous contributions have included endowing the University of Pennsylvania Carey Law School and co-founding the Penn Institute for Economic Research. Such initiatives demonstrate a sustained effort to promote education and research at the intersection of these critical fields.
Enrique Mendoza: A Leader in Economic Research
Enrique Mendoza, who joined the University of Pennsylvania in 2013, brings a wealth of experience to his new role. Previously serving as a Presidential Term Professor and Director of the Penn Institute for Economic Research, Mendoza has held academic positions at the University of Maryland and Duke University. His expertise extends to significant contributions to esteemed organizations including the Federal Reserve Board of Governors and the International Monetary Fund.
Significance of the New Professorship
The establishment of the William P. Carey Professorship represents a pivotal moment in the University of Pennsylvania’s ongoing efforts to enhance interdisciplinary research and education, especially in areas where economics and political science intersect. By supporting a collaborative academic environment, the professorship aims to inspire student involvement and academic discovery. It signifies the university’s recognition of the importance of merging theory with practice to cultivate future leaders in both fields.
Key Features of the William P. Carey Professorship in Economics
| Feature | Description |
|---|---|
| Establishment | Funded by a $3 million donation from the W.P. Carey Foundation |
| Purpose | To support interdisciplinary research connecting economics and political science |
| Inaugural Professor | Enrique Mendoza, Professor in the Department of Economics |
| Research Focus | International capital flows, financial crises, sovereign debt, and business cycles |
| Foundation’s Previous Contributions | Endowed the University of Pennsylvania Carey Law School and co-founded the Penn Institute for Economic Research |
Conclusion
The establishment of the William P. Carey Professorship in Economics highlights the University of Pennsylvania’s commitment to fostering interdisciplinary synergy between economics and political science. By supporting esteemed faculty members like Enrique Mendoza, the university not only enriches its academic community but also enhances its impact on society. Community members are encouraged to explore more programs like this and engage with upcoming events that celebrate educational innovation and economic research.
Frequently Asked Questions (FAQ)
What is the William P. Carey Professorship in Economics?
The William P. Carey Professorship in Economics is an endowed chair established at the University of Pennsylvania’s School of Arts and Sciences, funded by a $3 million donation from the W.P. Carey Foundation. It aims to support interdisciplinary research connecting economics and political science.
Who is Enrique Mendoza?
Enrique Mendoza is a professor in the Department of Economics at the University of Pennsylvania. His research focuses on international capital flows, financial crises, sovereign debt, and business cycles. He has been appointed as the inaugural William P. Carey Professor of Economics.
What is the W.P. Carey Foundation?
The W.P. Carey Foundation is a philanthropic organization established by William Polk Carey, known for supporting initiatives that bridge economics and political science. Previous contributions include endowing the University of Pennsylvania Carey Law School and co-founding the Penn Institute for Economic Research.
What is the significance of this donation?
This $3 million donation establishes an endowed professorship that will enhance interdisciplinary research and education at the University of Pennsylvania, particularly in areas where economics and political science intersect.
What is the history of Enrique Mendoza at the University of Pennsylvania?
Enrique Mendoza joined the Penn community in 2013, serving as a Presidential Term Professor and Director of the Penn Institute for Economic Research. Prior to his tenure at Penn, he held academic positions at the University of Maryland and Duke University.
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