Jeffrey Bergstrand - Legends of Notre Dame 2013

Transcript

1. “It’s quite startling that manufacturing actually contracted. The banking system is exacerbating the slowdown,” said Jeffrey Bergstrand, a finance professor at the University of Notre Dame.
2. "This is a major move to bring more developing countries into the liberalization of world trade. It doesn't necessarily mean reinvigorating the Doha Round because it has a lot of political baggage," said Jeffrey Bergstrand, professor of finance at the University of Notre Dame.
3. Economists Scott Baier and Jeffrey Bergstrand have also found in a series of research papers that agreements similar to the prospective TPP and U.S.-EU pacts create far more trade than they divert.
4. Takeaways of the April US Jobs Report I think we’re always going to see volatility in terms of the composition of the employment changes. I think what we’re seeing though is a slow, steady progress in terms of the employment situation. I think what this bodes is there’s sustainability in terms of the growth rate in terms of the economy.
5. Consider the syllabus your contract with your professor. Keep up with assignments and ask challenging questions that help you stand out but that also enhance your experience and that of your classmates, says Jeffrey H. Bergstrand, a finance professor at the University of Notre Dame’s Mendoza College of Business.
6. The likelihood of passing new short-term economic initiatives that require government spending in the Republican-controlled House of Representatives is low, said Jeffrey Bergstrand, a finance professor at the University of Notre Dame and a former Federal Reserve economist.
7. According to Friday's estimates, GDP is growing at a slower rate than the U.S. population. This means the economy is shrinking on a per-capita basis -- which, in turn, means that consumer spending, one of the most important engines of economic growth, is likely to experience major "dampening," according to Jeffrey Bergstrand, a professor of finance at the Mendoza College of Business at the University of Notre Dame.