{"id":46867,"date":"2024-08-19T11:03:35","date_gmt":"2024-08-19T15:03:35","guid":{"rendered":"https:\/\/carleton.ca\/economics\/?p=46867"},"modified":"2025-06-11T09:08:55","modified_gmt":"2025-06-11T13:08:55","slug":"dana-galizia","status":"publish","type":"post","link":"https:\/\/carleton.ca\/economics\/2024\/dana-galizia\/","title":{"rendered":"Dana Galizia"},"content":{"rendered":"\n<section class=\"w-screen px-6 cu-section cu-section--white ml-offset-center md:px-8 lg:px-14\">\n    <div class=\"space-y-6 cu-max-w-child-5xl  md:space-y-10 cu-prose-first-last\">\n\n            <div class=\"cu-textmedia flex flex-col lg:flex-row mx-auto gap-6 md:gap-10 my-6 md:my-12 first:mt-0 max-w-5xl\">\n        <div class=\"justify-start cu-textmedia-content cu-prose-first-last\" style=\"flex: 0 0 100%;\">\n            <header class=\"font-light prose-xl cu-pageheader md:prose-2xl cu-component-updated cu-prose-first-last\">\n                                    <h1 class=\"cu-prose-first-last font-semibold !mt-2 mb-4 md:mb-6 relative after:absolute after:h-px after:bottom-0 after:bg-cu-red after:left-px text-3xl md:text-4xl lg:text-5xl lg:leading-[3.5rem] pb-5 after:w-10 text-cu-black-700 not-prose\">\n                        Dana Galizia\n                    <\/h1>\n                \n                                \n                            <\/header>\n\n                    <\/div>\n\n            <\/div>\n\n    <\/div>\n<\/section>\n\n<h2 id=\"\" class=\"wp-block-heading\"><figure><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-46858\" src=\"https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia.jpeg\" alt=\"A photo of Dana Galizia, Associate Professor in Economics at Carleton University in Ottawa, Ontario, Canada.\" width=\"1600\" height=\"1410\" srcset=\"https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia.jpeg 1600w, https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia-160x141.jpeg 160w, https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia-240x212.jpeg 240w, https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia-768x677.jpeg 768w, https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia-400x353.jpeg 400w, https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia-1536x1354.jpeg 1536w, https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia-360x317.jpeg 360w, https:\/\/carleton.ca\/economics\/wp-content\/uploads\/sites\/112\/dana-galizia-200x176.jpeg 200w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/figure><\/h2>\n\n\n\n<h2 id=\"dana-galizia\" class=\"wp-block-heading\"><a href=\"https:\/\/carleton.ca\/economics\/people\/galizia-dana\/\">Dana Galizia<\/a><\/h2>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>2022 SSHRC Insight Grant<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><em>Unemployment Risk, Self-Insurance, and the Business Cycle<\/em><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">Standard economic theory predicts that workers have an incentive to put aside \u201crainy day\u201d savings for use if and when they become unemployed. One implication of this is that if workers&#8217; fears of becoming unemployed increase, they will reduce their spending on goods and services (\u201ctighten their belts\u201d) so as to increase these savings. This cut in consumer spending may then in turn cause or exacerbate a business cycle downturn. This research project aims to understand how important this mechanism actually is in the real world, and what the implications are for optimal macroeconomic policy.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>2019 SSHRC Insight Development Grant<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><em>Emergent Behaviour in Macroeconomics<\/em><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">What causes the booms and recessions that make up the business cycle? Although economists have devoted years of research on this question, there is no consensus on the answer.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">A key challenge facing researchers is the complexity of the economic system. Economists rely on theoretical models to help them, but business cycle models, reflecting complex phenomena, are themselves generally complex and often are not fully understood.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">Professor Galizia, will use a $32,530 grant for a research project developed to improve our understanding of one of the key features of many existing models: why and where do reasonable individual-level decisions made by economic agents interact in such a way as to produce outcomes that are at odds with those agents\u2019 goals?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dana Galizia 2022 SSHRC Insight Grant Unemployment Risk, Self-Insurance, and the Business Cycle Standard economic theory predicts that workers have an incentive to put aside \u201crainy day\u201d savings for use if and when they become unemployed. One implication of this is that if workers&#8217; fears of becoming unemployed increase, they will reduce their spending on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":46852,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[453],"tags":[],"class_list":["post-46867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research-and-awards-2"],"acf":{"cu_post_thumbnail":""},"_links":{"self":[{"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/posts\/46867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/comments?post=46867"}],"version-history":[{"count":3,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/posts\/46867\/revisions"}],"predecessor-version":[{"id":46959,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/posts\/46867\/revisions\/46959"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/media\/46852"}],"wp:attachment":[{"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/media?parent=46867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/categories?post=46867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carleton.ca\/economics\/wp-json\/wp\/v2\/tags?post=46867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}