Research & Publications Student Accomplishments On November 18, 2013, Iona’s placed second (of 33 competing colleges and universities) in the NY Federal Reserve’s College Fed Challenge (CFC) - an intercollegiate competition where students provide an overview of the US economy and present recommendations for monetary policy. This is Iona’s strongest showing in the competition and a testament to our students. Presenting team members include: Ronald Distante, Mary Ann Gallucci, Ethan Heywood, Thomas Martin, and Sean Poyntz. The Research Team included Brendan Farrell, Denis O’Connor, Krizia Toro, Paul Traut, and Matthew Weeks. Graduating CFC participants Mary Ann Gallucci and Thomas Martin both have accepted job offers from Morgan Stanley. Sinead Knightly, Class of 2013, presented the findings of her Honors Thesis at the Eastern Economic Association Conference in Boston on March 9, 2014. She was the only undergraduate student to have a paper included in the regular sessions of the conference. In the Fall 2013 semester, the Economics Club hosted New Rochelle Councilman Louis Trangucci. Councilman Trangucci spoke to students and faculty about how economic decisions are made in local government. Also in the Fall semester, the club took advantage of Iona’s proximity to the financial capital of the world visiting the Federal Reserve Bank of New York to learn about monetary policy while touring the gold vault – the largest gold vault in the world by market value. During the Spring 2014 semester, the Economics Club leveraged Iona’s relationship with Bloomberg L.P. to participate in a client-exclusive tour of the company’s world headquarters in Midtown, received client-exclusive training on the Bloomberg terminal, and met with a top Bloomberg economist. Economics majors and minors continue to intern at a broad array of organizations including Morgan Stanley, Lincoln Financial, Siller & Cohen, Berkery & Noyes, and U.S. Senator Schumer’s office. Three majors have recently participated in the Blackfriar’s program at Oxford University in England. Grraduates work in a variety of diverse fields including finance, business, public policy, education, and not-for-profit and hold positions at such esteemed organizations as The Federal Reserve Bank of New York, Morgan Stanley, RBC Capital, and Ernst & Young. Faculty Accomplishments Nicoleta Iliescu’s article, “The Information Content of Implied Volatility in Developed vs. Developing FX Markets,” coauthored with Satyaki Dutta, was published in Applied Economics, Vol. 48, No. 55, 2016, 5396-5404). Nicoleta Iliescu’s article, “The Welfare Effects of the Byrd Amendment,” was published in the Journal of International Business and Economics, Vol.3, No. 1, 2015, pp. 1-12. Bonu Sengupta’s article, “Income, Health and the Value of Preserving Options,” coauthored with Rachel Kreier, was published in the Atlantic Economic Journal: Vol.43, No. 4 (2015). Bonu Sengupta’s article, “The Gender Pay Gap in New York: 1995-2013,” was published in the Regional Labor Review, Vol. 20, Spring/Summer Issue, 2016. Robert Jantzen’s article, “Profiles and Preferences of On-Line Millenial Shoppers in Bulgaria,” coauthored with Patricia Loubeau and Elitsa Alexander, was published in the Economic Review: Journal of Economics and Business, Vol. 12, No. 1, 2014, pp. 63-79.