Institute for Applied Economics, Global Health, and the Study of Business Enterprise


The Institute for Applied Economics, Global Health, and the Study of Business Enterprise at Johns Hopkins University in Baltimore, Maryland is a research institute that conducts research in applied economics and finance, business history, and public health. Founded in 1995, the IAE provides funding for research fellows, hosts academic conferences, and funds specific research projects in a wide array of fields. It is currently overseen by professors Louis Galambos, Steve Hanke, and Angus Burgin.

History

In 1995, Louis Galambos, a historian of American businesses and professors at Johns Hopkins University, and Steve Hanke, an applied economist and professor of economics at Johns Hopkins University, established the research institute. Their goal was to publish research in various areas, ranging from applied economics and business history to public health, that were related to contemporary problems.

Activities

Coursework

The IAE organizes a course that has been reported to "guarantee" a job on Wall Street. It offers students opportunities to conduct independent research and real-world applications. Students may also apply to be research assistants to one of several projects at the IAE.

Research

The IAE hosts a number of research seminars and collaborative programs throughout the academic year. Galambos, Hanke, and Burgin offer a workshop with the IAE's research fellows that invites outside scholars to speak and present ongoing research. For undergraduate students, the IAE has an internship program that promotes student-led research. Students and fellows contribute to ongoing initiatives at the IAE, such as the Infrastructure, Cities & Water Program. The Troubled Currencies Project, organized by Hanke, publishes black-market exchange-rate data for troubled currencies, as well as estimating inflation rates for each country. Another initiative is the Historical Financial Statistics project, which publishes noncommercial data on exchange rates, central-bank balance sheets, money supplies, trade, and more. Data by the IAE are sourced by news media agencies and academic journals.
Internationally, the IAE has established links with other academic institutes as well as universities, which include the following:
The IAE publishes several working paper series, which include Studies in Applied Economics, Studies in Applied Finance; Studies in Supply-Side Economics; and American Capitalism.

List of fellows

The IAE currently supports 32 research fellows: