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Economics faculty named to professorships

Dean Philip Khoury of the School of Humanities, Arts and Social Sciences announced the appointments of several faculty members to professorships, all effective July 1, 2004.

Victor Chernozhukov has been named Castle-Krob Career Development Professor for a three-year term. Chernozhukov, assistant professor in the Department of Economics, has been at MIT since receiving his Ph.D. from Stanford University in 2000. This professorship was established by a gift from John K. Castle (S.B. 1963), chairman and CEO of Castle Harlan Incorporated. The Castle-Krob Professorship is awarded on a rotating basis to non-tenured economics faculty with outstanding records of scholarship.

Xavier Gabaix has been selected as the inaugural holder of the Rudi Dornbusch Career Development Professorship for a three-year term. Gabaix, assistant professor in the Department of Economics, received his Ph.D. at Harvard University, and has been at MIT since his post-doctoral fellowship in 1998. Rudi Dornbusch was a distinguished member of the MIT economics faculty for many years before he passed away in 2002. This professorship was established in his memory with the generosity of alumni and friends of the Department of Economics.

Whitney K. Newey has been named Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics. Newey, professor in the Department of Economics, received his Ph.D. at MIT, and has been a member of the faculty since 1990. The Carlton Professorship was established by a gift from Jane and Dennis Carlton. Dennis Carlton is an alumnus of the MIT economics Ph.D. program and a professor at the University of Chicago.

A version of this article appeared in MIT Tech Talk on October 6, 2004 (download PDF).

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