They don't schedule a visit day due to the class size, but I got invitation to go visit, will have to schedule with the grad administrator.
EMEQU: Do you have the date in mind when you're going to visit? I'm trying to go soon, but I have some schoolwork/exam to deal with, so I'm thinking first week of April.
I contacted the grad administrator. I'll be visiting CMU by April 1st, but I have not confirmed my schedule yet. I think I'll spend two days there, since I want to audit a bunch of PhD lectures.
At this time, I am done. None of my alternative offers can beat CMU's. I'll arrive in Pittsburgh soon...I want to confirm myself all good things I have heard about this school. By the way, the other day I was pleased to hear that Costas Azariadis graduated from CMU (a long time ago, though). Perhaps VV Chari is one of the most famous alumni.
Today I got an offer from UIUC. Given I am interested in macro/monetary economics, do you guys think CMU>>UIUC? Any comments are appreciated.
(Well, I am also considering UC Davis, ASU & UCL)
Last edited by EMEQU; 03-25-2008 at 04:27 AM. Reason: Addendum
Well, sincerely I would not be quite sure. I know that Kydland is returning to CMU, but still I would not be 100% sure. UIUC still has many interesting people...Originally Posted by EMEQU
Today I got an offer from UIUC. Given I am interested in macro/monetary economics, do you guys think CMU>>UIUC? Any comments are appreciated.
(Well, I am also considering UC Davis, ASU & UCL)
Hi AstralTraveller, do you mind naming a few?
They have a huge amount of young researchers doing macro at UIUC. There's Makoto Nakajima working on computational macro, Steve Parente working on Macro/Growth, Daniela Puzzello doing Monetary Theory, Rui Zhao working on Business Cycles and Game Theoretical Macro. I may be missing a couple more people as well.
They are all very young, but are doing nice things, and they're getting well published. You would not be out of place at UIUC. Of course, CMU has many many more professors with a really high reputation, but I also feel that their faculty is somewhat "less diverse" than UIUC's. Therefore, while it's highly possible that CMU>UIUC, I'm not quite sure that CMU>>UIUC.
Hope this helps. My 2 cents.
Carnegie is much better than Illinois in macro. For monetary, you have McCallum & Goodfriend, for macro theory there is Sleet & Yeltekin, for macro finance you've got Zin & Telmer. These are off the top of my head... Illinois is a fine place, but Carnegie is much stronger.
I appreciate your comments. I am aware people at UIUC are young but extremely enthusiastic. On the other hand, Prof. Coen Pirani is also at CMU, does anybody know what his strenghts are?
I think he is interested in business cycles and asset pricing. However, he has been working lately on labor markets.
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