Aaron N. Pacitti

Associate Professor of Economics

Phone: (518) 782‑6892
Email: apacitti@siena.edu

Aaron N. Pacitti

Degrees:

Ph.D. Economics American University
B.A. Economics Case Western Reserve University

Bio:

Aaron Pacitti is an Associate Professor of Economics and the Douglas T. Hickey Chair in Business whose research and teaching focus on macroeconomics, political economy, labor markets, employment insecurity, inequality, and economic history. He is currently developing a survey to quatitatively measrue job quality in the United States. In addition to academic journals, Aaron’s research has been featured in the Washington Post, the Baltimore Sun, the Huffington Post, Think Progress, and many other national and local media outlets.

What I love about Siena:

I have the opportunity to explore rapidly changing economic current events as they unfold with hard-working, interested students.


My Favorite courses to teach are:

All of them! But if I had to pick one, it would be Political Economy.

Professional Experience:

Douglas T. Hickey Chair in Business Siena College 2016 - Now
Economics Department Chair Siena College 2016 - Now
Associate Professor of Economics Siena College 2015 - Now
Assistant Professor of Economics Siena College 2009 - 2015
Adjunct Professor American University 2002 - 2009

Why I chose Siena:

My focus on economic justice—a more equal income distribution, greater opportunity for disadvantaged groups, a living wage, ending economic insecurity—is a perfect match with Siena’s mission and focus on social justice.

Office Hours:

MON: 10:50 AM-12:30 PM
TUE:
WED: 10:50 AM-12:30 PM
THU:
FRI: 10:50 AM-12:30 PM

My current research:

Macroeconomics, Political Economy, Labor Economics, U.S. Economic History. Much of my current writings and rants can be found at the Huffington Post.

My teaching philosophy:

Economics is important to understanding the world and should be taught from a pluralistic perspective, comparing and critically analyzing competing theories. Economics should also be taught holistically to maximize student engagement. Economists have a responsibility to highlight the ethical and policy dimensions of the discipline, with an eye toward fairness and distribution.

The ultimate goal of my teaching is to not only inform students about important economic issues and their ethical and policy implications, but also to motivate them so that they want to learn more economics. I do this by showing precisely how and why economic forces affect their lives, and how policy can be utilized to alter economic outcomes.


Guaranteed Employment and Universal Child Care for a New Social Contract
Theory in Action, vol. 11
2017
Deindustrialization, the Rise of Services, and the Lengthening of Economic Recovery
Economic Inquiry
2017
Deindustrialization, the Rise of Services, and the Lengthening of Economic Recovery
Economic Inquiry, vol. 55
2017
Bargaining Power, Labor Market Institutions, and the Great Moderation
Eastern Economic Journal, vol. 41
Spring, 2015
What the American Elite Won over the Past 35 Years and What All Other Americans Lost
Challenge, vol. 58
May/Jun, 2015
The Ongoing Labor Market Depression
Challenge, vol. 58
July/Aug, 2015
Ending the Unemployment Crisis with Guaranteed Employment and Retraining
Journal Of Economic Issues, vol. 48
September, 2014
Minimum Wages and Economic Justice: A Classroom Exercise
Forum For Social Economics, vol. 42
Jan-Mar, 2013
The Cost of Job Loss and the Great Recession
Journal of Post Keynesian Economics, vol. 33
Summer, 2011
Efficiency Wages, Unemployment, and Labor Discipline
Journal of Business and Economics Research, vol. 9
2010
category: Research
Siena College, 2017
category: Research
Siena College, 2016
category: Research
Siena College, 2014
Best Paper Award (Advisor) for Economics Track, "The Cost of Job Loss during the Recovery from the Great Recession." Siena College Student Conference in Business, 2014.

category: Teaching
Siena College, 2014
Best Paper Award (Advisor) for Economics Track, "Gender Discrimination, Educational Attainment, and the Female Employment Share." Siena College Student Conference in Business, 2012.
category: Teaching
Siena College, 2012
category: Teaching
American University, 2008
category: Research
American University, 2008
category: Other
American University, 2003
category: Service-University
American University, 2002
Critical Perspectives on the Minimum Wage
Enslow
2016
The Institutionalist Tradition in Labor Economics
M.E. Sharpe
ISBN: 0765612879
2004
The Cost of Job Loss and Wage Growth
2017
Allied Social Science Association Meeting, Chicago, Illinois
The Rise of Services and the Lengthening of Economic Recovery
2017
New School, Empirical Macroeconomics Seminar, New York, New York
The Cost of Job Loss and Wage Growth
February, 2016
Eastern Economic Association Annual Conference, Washington, District of Columbia
The Cost of Job Loss during the Recovery from the Great Recession
October, 2014
NYSEA Conference, Loudonville, New York
Rethinking Employment Relations: The Social Bargain, Pensions, and Price Stability
October, 2014
Allied Social Science Association Meeting, Boston, Massachusetts
Goods, Services, and the Pace of Economic Recovery
September, 2013
Economic History Association, Arlington, Virginia
Is a Fair Labor Market Compatible with Full Employment and Price Stability? An Empirical Analysis of the Social Bargain
January, 2013
Allied Social Science Association Meeting, San Diego, California
Goods, Services, and the Pace of Economic Recovery
2013
Washington Area Economic History Society Seminar, D.C., Washington
Goods, Services, and the Pace of Economic Recovery
2013
University of Maryland Baltimore County Economics Department Seminar, Baltimore, Maryland
Goods, Services, and the Pace of Economic Recovery
2013
University of Massachusetts Amherst Economics Department History and Development Seminar, Amherst, Massachusetts
Goods, Services, and the Pace of Economic Recovery
2013
Siena College Brown Bag Research Seminar, Loudonville, New York
The Cost of Job Loss and the Great Recession
2011
Eastern Economic Association Annual Conference, New York, New York
Labor Market Institutions, the Phillips Curve, and Inflation during the Great Recession
November, 2011
International Confederation of Associations for Pluralism in Economics, Amherst, Massachusetts
Minimum Wages and Economic Justice: A Classroom Exercise
October, 2011
New York State Sociological Association, Loudonville, New York
Bargaining Power and the Phillips Curve
February, 2010
Eastern Economic Association Annual Conference, Philadelphia, Pennsylvania
Effort and Efficiency Wages: The Role of Unemployment in Labor Disciplining
November, 2009
Rethinking Marxism, Amherst, Massachusetts