Wiesen presents research on modeling responses to shocks

UMaine Alert

Posted: April 19, 2024 - 1:32 PM

At approximately 9:24 a.m. on Friday, April 19, a University of Maine graduate student was struck by a university vehicle on Long Road at the University of Maine campus in Orono. The student reports that they are at a local hospital with minor injuries.

Emergency services, including the Orono Fire Department, University Volunteer Ambulance Corps, University of Maine Police Department, Orono Police Department and Penobscot County Sheriff’s Office responded to the scene.

The university vehicle involved in the incident was a Chevrolet Express van. It was being operated by a university employee.

Counseling services and support are available for students, faculty or staff who may have been affected. The Counseling Center can be reached at 207-581-1392 and the Dean of Students Office can be reached at 207-581-1406.

The scene has been cleared and Long Road is now accessible. An investigation is being conducted by the University of Maine Police Department with assistance from the Penobscot County Sheriff’s Office Crash Reconstruction Unit. Any witnesses to the incident are encouraged to contact Lt. Noel Santiago at noel.santiago@maine.edu.

July 12, 2022 faculty, News, Research

Dr. Tommy Wiesen, Assistant Professor in the School of Economics (SOE), presented his research on modeling responses to shocks at the 2022 Annual Conference of the Western Economics Association International in Portland, Oregon. His talk, A Joint Impulse Response Function for Vector Autoregressive Models, addresses the usefulness of developing new approaches to assess the impacts of multiple shocks on economic variables. Dr. Thomas Wiesen, along with his coauthor Dr. Paul Beaumont from the Florida State University, propose what they call a joint impulse response function, which is designed to measure the total impact on an economic variable due to a collection of simultaneous shocks from several variables together.

To review their working paper, click here.

For more information about the 2022 Western Economics Association International Annual Conference, click here.