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An endowed chair provides a senior faculty member (the chairholder) with a permanent stream of funding to conduct research. Research expenditures include graduate student support, funding for lecture programs and conferences, scholarships, laboratory expenses, among a host of other needs. A chair is financial endowment held in perpetuity; the research is funded by the interest it earns. Sometimes the endowment is restricted to research in a particular subject area.
At UCSB, the state budget pays the faculty member's salary, but funds to support research must be raised from other sources. For that reason, endowed chairs are particularly instrumental in our department's ability to attract top flight senior scholars.
The department is grateful to generous donors for the following endowed chairs:
- The Aaron and Cherie Raznick Endowed Chair in Economics
- The Jeff Henley Endowed Chair in Economics
- The Maxwell C. and Mary Pellish Chair in Economics
Although the choice of subject area for a chair is at the donor's discretion, the department has identified the following Promising Areas for Future Endowed Chairs.
If you are interested in establishing an endowed chair in economics, please contact Michael Miller at (805) 893-3992.