Fall 2013
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COLUMBIA ECONOMICS REVIEW PUBLICATION INFORMATION Columbia Economics Review (CER) aims to promote discourse and research at the intersection of economics, business, politics, and society by publishing a rigorous selection of student essays, opinions, and research papers. CER also holds the Columbia Economics Forum, a speaker series established to promote dialogue and encourage deeper insights into economic issues.
Columbia Economics Review would like to thank its donors for their generous support of the publication
2013-2014 E D I T O R I A L B O A R D EDITOR-IN-CHIEF
James Ma
PUBLISHER
EXECUTIVE EDITOR
Daniel Listwa
Rui Yu
SENIOR EDITORS
For a complete list of the papers cited by each of our authors, please visit our website at columbiaeconreview.com
CONTENT
Ashwath Chennapan Matthew Chou Diana Ding Hong Yi Tu Ye Samantha Zeller LAYOUT EDITORS
Daniel Listwa Victoria Steger
CONTRIBUTING ARTISTS
LEAD ASSOCIATE EDITOR
Sarika Ramakrishnan
Dani Brunner Gemma GenĂŠ (Cover) Desi Petkova Ariel Rahimzada Natasha Stolovitzky-Brunner
ASSOCIATE EDITORS
Anna Etra Adriano Henrique David Froomkin Zepeng Guan Victoria Steger Julie Tauber
WEB EDITORS
David Froomkin
OPERATIONS
RELATED NOTES
EXECUTIVE OFFICER
Rachel Rosen
Opinions expressed herein do not necessarily reflect the views of Columbia University or Columbia Economics Review, its staff, sponsors, or affiliates. We welcome your comments. To send a letter to the editor, please email economics.columbia@gmail.com. We reserve the right to edit and condense all letters.
MANAGING OFFICERS
Mitu Bhattatiry Erin Bilir Marc Lemann Allison Lim Cem Zorlular
OPERATING OFFICERS
Cindy Ma Theodore Marin Daniel Morgan
MEDIA/DESIGN EDITOR
Theodore Marin
PRESIDENT OF ALUMNI AFFAIRS
Maren Killackey
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