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On Terms of Trade, Offshoring Ties, and the Enforcement of Trade Agreements

Subhayu Bandyopadhyay, Arnab K. Basu, Nancy H. Chau, Devashish Mitra

Co-authored by Professor of Economics Devashish Mitra, the study was published in the Journal of Economic Behavior & Organization.

October 24, 2025

See related: Tariffs, Trade

Mitra Talks to Business Insider About Trump’s H-1B Visa Fee Hike

“Let's say a company offshores programming work to India, they would probably be paying a quarter of what they pay here, or even less,” says Devashish Mitra, professor of economics. “So even if the U.S. government taxes them 100% for what they're paying foreigners abroad, it's still going to work out well for the Big Tech companies.”

October 20, 2025

Reflections of a Space Pioneer

After a screening of the documentary about her historic time as an astronaut, alumna Eileen Collins joined Sean O’Keefe for a conversation about her experiences and space exploration.

September 28, 2025

See related: Alumni Experience

How Maxwell Alum Chris Meek Honors the Victims and Survivors of the 9/11 Terrorist Attacks

Inspired by the bravery of the first responders, Meek dedicated his life to giving back to our soldiers and to preserving the memory of those who died that day. He launched the 9/11 Legacy Foundation, a nonprofit that aims to educate, commemorate and inspire action by telling the stories of the survivors, first responders and the families of those lost.

September 11, 2025

See related: Alumni Experience

Mitra Quoted in New York Times Article on the US’s Relationship With India

“Right now, India feels that the U.S. is not a very reliable partner,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs. “They thought the U.S. was an ally. If India is moving towards China, it’s a friendship of convenience.”

September 5, 2025

Mitra Speaks With NPR and Reuters About Trump's High Tariffs on Indian Goods

“In the situation and climate President Trump has created, it won’t be surprising if both India and China find this a mutually beneficial transaction,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.

September 1, 2025

Mitra Weighs In on Trump’s Tariff Threats to India in The Guardian Article

“India did consider the U.S. an ally,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs. “It was a country that the U.S. was relying on as a counter to China in that region. So it had a huge geopolitical importance, but it doesn’t seem like Trump values any of that.”

August 25, 2025

Maxwell School Announces Faculty Promotions for 2025-26

Eight faculty members have received tenure in their promotion to associate professor.
August 22, 2025

Renowned Health Economist Joins Maxwell as Moynihan Chair

John Cawley specializes in the economics of risky health behaviors and has been widely published in journals and covered by the media.  

August 15, 2025

Mitra Discusses Trump’s Import Tariffs in TIME Article

“The seductive rhetoric of Trump tariffs hides a combination of contradictions, wishful thinking, and superficial understanding of economics, which sells America a mirage and threatens to weaken the stability of the global trading system,” writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.

August 2, 2025

Yoonseok Lee and Junko Takeda Named Department Chairs

Lee succeeds Devashish Mitra as chair of the Economics Department, while Takeda follows Susan Branson as chair of the History Department.

July 24, 2025

Mitra Speaks With the Washington Post About Top Trump Officials Having Multiple Jobs

“It is always a bad idea to burden someone with multiple jobs, especially when at least one of those jobs is extremely important,” says Devashish Mitra, professor of economics.

July 18, 2025

See related: Federal, United States

Testing for Spatial Lag Dependence and Homoskedasticity in a Random Effects Panel Data Model

Badi H. Baltagi, Long Liu
The paper, co-authored by Distinguished Professor of Economics Badi Baltagi, was published in Economics Letters.
July 16, 2025

Monarch Discusses the Dollar and Interest Rates With Newsweek

“Recent policies such as extremely high tariffs, increased government debt, and worries about inflation have all contributed to the falling dollar,” says Ryan Monarch, associate professor of economics.

July 11, 2025

Philanthropy Driven by Passion, Potential and Purpose: Ken Pontarelli ’92

Pontarelli ’92 B.S. (Econ) credits the University for changing his life, opening up opportunities to pursue his passions and achieve professional success that allows him to focus on the public good. In return, he and his wife, Tracey, are paying it forward by supporting Syracuse students pursuing meaningful careers in the vital field of sustainability.

July 9, 2025

See related: Giving

Lovely Talks to China Daily About Tariffs and Consumer Spending

“The…taxes are economically significant…and regressive in the sense that they take a larger share of income from poorer households than richer households,” says Mary Lovely, professor emerita of economics.

July 3, 2025

Buzard Discusses Her Research on Parental Involvement With The Atlantic

Research by Kristy Buzard, associate professor of economics, confirms the idea that people tend to assume mothers are the default parent, even when they explicitly ask not to be. Part of the reason, Buzard posits, is “this underlying belief that moms are more available and are going to be more responsive.”

May 29, 2025

Maxwell Advisory Board Welcomes New Leadership

Alumni Cathy Daicoff and Nate Shanok lead the board as chair and vice chair, respectively.

May 20, 2025

Lovely Quoted in China Daily Article on Trump’s Tariffs, Rebound of US Manufacturing

Tariffs are often touted by politicians as a good idea because they contend “that China has not adhered to global trade rules by unfairly subsidizing its manufacturing sector. This view leads people to think that trade is unfair to domestic producers and workers and to see tariffs are justified,” says Mary Lovely, professor emerita of economics.

May 2, 2025

Monarch Talks With the Associated Press, Splinter and Tax Chats Podcast About Trump’s Tariffs

“We don’t know what the U.S. is doing. We don’t know why they’re doing it, and they seem to revel in the fact that they’re causing trouble, economic pain and consternation all across Europe and the world,” says Ryan Monarch, assistant professor of economics.

April 30, 2025

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