The Fed Challenge Team was selected as one of three teams from the 7th District – Chicago to advance to the National Semi-Final.
Professor Steven Woodbury published “Race, Ethnicity, and Nonpayment of Unemployment Insurance: The Role of the Employer,” in American Economic Association Papers & Proceedings and “Work Hours Mismatch,” in Econometrica.
Professor Paul Kim published "IRA Reforms To Medicare Part D Reinsurance Were Associated With Plan Exits And Higher Premiums, 2024–25" in Health Affairs.
Professor Guangbin Hong published "A Macroeconomic Perspective on Taxing Multinational Enterprises” in the Journal of International Economics in 2024, was recently cited in the IMF’s October 2026 World Economic Outlook, Chapter 3, “Intangible Yet Real: Spillovers from Corporate Income Taxation.”
"The IMF researchers built on our model to analyze the long-term effects of global corporate tax competition and anti-avoidance measures on tax revenue and economic growth, especially in emerging market and developing economies," Professor Hong said. "Their analysis keeps the core mechanism of our paper: multinational firms shift profits by placing mispriced intangible assets in low-tax jurisdictions. The IMF used it to show how cuts to corporate tax rates spill over across countries through investment relocation, profit shifting, and knowledge transfers within multinational firms."
Professor Jeff Wooldridge gave the inaugural MEG Lecture at the Midwest Econometrics Group Meetings in Cincinnati on October 9, 2026. He was also selected to the committee to choose the next editor of the American Economic Review.
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