Kautz-Uible Research Initiative
Beginning in fall 2019, supervised research opportunities will be available for Economics and Business Economics majors. The Kautz-Uible Economics Institute has initially identified three areas of focus in which students can engage with Economics faculty and peers to advance economics research. These areas are not exhaustive of the research opportunities available, but are indicative of ongoing work. For more information, please contact Professor Michael Jones.
Future of Work
The rapid advancement of Artificial Intelligence (AI) and machine learning will have profound impacts on labor markets and the organization of work. Research questions include:
- What university majors are “AI-proof” or less susceptible to automation?
- How should regional governments respond to the rapid transformation of work?
- How will blockchain and other decentralized technologies influence business decisions?
As part of a UC Forward initiative to explore the future of (no) work, UC’s Economics department will be teaching a new class called Blockchain in Business.
Public Economics and Policy
Economics is concerned with the optimization and allocation of resources, and it should provide insights and advice to policymakers on the best use of public resources. Research questions include:
- What industries drive regional economic growth?
- UC’s Economics department has partnered with the Ohio Department of Jobs and Family Services (ODJFS) for access to establishment-level quarterly data on employment and wages. This database can provide answers to questions about wage growth and business dynamism in the State of Ohio.
- How do nonprofits respond to shocks in the economy?
- Through tax-deductible giving, nonprofits are a recipient of public resources. The IRS has recently partnered with Amazon Web Services to provide public access to the financial data that can answer this question.
- How should tax incentives be structured to optimize return-on-investment (ROI) for both tax-payers and corporate recipients?
- How should school districts compensate teachers based on qualifications, experience, and market competition?
To answer the questions above, the University of Cincinnati is also part of a regional consortium of leading research universities with access to a Federal Statistical Research Data Center in Lexington, KY.
Ethics and Economics
In 2018, the American Economics Association (AEA) released a code of conduct for its members, and the National Association for Business Economics requires its members to follow a set of professional conduct guidelines. Research questions include:
- What would a code of ethics, as opposed to a code of conduct, look like for applied economics?
- What ethical framework guides the collection, analysis, and dissemination of economic data?
- How should business cases be written in order to support the teaching of ethical thinking in economics?