The Hoover Institution’s State and Local Governance Initiative is thrilled to announce the launch of The Michael A. and Anita Paleologos Yagjian Visiting Fellowship program. The program will bring groups of esteemed scholars to the Hoover Institution to do cutting-edge work analyzing the impact of state-level regulation on small business formation and success. Topics of study will include quantifying the cost of small business regulations to state economies, proposing options for regulatory reform, and assessing the impact of regulations on human capital development. Four distinguished economists will constitute the first cohort of Visiting Fellows, each of whose appointment begins in January 2024. They are:
- Arpit Gupta, Associate Professor of Finance, NYU Stern. Arpit received his PhD in Finance and Economics from Columbia Business School in 2016, and works on real estate and urban policy. Project: "The Costs and Benefits of Housing Regulation: New Data and Evidence from AI Derived Measures of Municipal Codes.”
- Francesco Trebbi, R.T. Broca Chair in International Trade, Berkeley Haas. Francesco received his PhD in Economics from Harvard in 2006. Project: "The Cost of Regulatory Compliance Across US States."
- Dustin Chambers, Professor of Economics and Finance, Salisbury University and Senior Affiliated Scholar at the Mercatus Center, George Mason University. He focuses on regulatory studies and he received his PhD from UC Riverside. Project: "Leveraging AI to Identify Small Business Regulations at the State and Local Levels.”
- James Broughel, Senior Fellow, Competitive Enterprise Institute. James received his PhD in Economics from George Mason University and studies the economic effects of regulation. Project: "A 50-State Review of State Environmental Permitting Practices Affecting Small Businesses."
“We couldn’t be happier with this opening cohort of scholars for our Small Business Regulation program,” said Hoover Senior Fellow Joshua Rauh, who directs the State and Local Governance Initiative. “This group will be the first to study these important topics over the next five years, and we look forward to seeing the fruits of their efforts.”
