John Rust
- January 10, 2024
- Economist
Quick Facts
| Full Name | John Rust |
| Occupation | Economist |
| Date Of Birth | May 23, 1955(1955-05-23) |
| Age | 69 |
| Birthplace | Wisconsin |
| Country | United States |
| Horoscope | Gemini |
John Rust Biography
| Name | John Rust |
| Birthday | May 23 |
| Birth Year | 1955 |
| Place Of Birth | Wisconsin |
| Birth Country | United States |
| Birth Sign | Gemini |
John Rust is one of the most popular and richest Economist who was born on May 23, 1955 in Wisconsin, United States.
John Philip Rust (born May 23, 1955) is an American economist and econometrician. John Rust received his PhD from MIT in 1983 and taught at the University of Wisconsin, Yale University and University of Maryland before joining Georgetown University in 2012. John Rust was awarded Frisch Medal in 1992 and became the fellow of Econometric Society in 1993.
After graduating from University of Pennsylvania in 1977, John Rust worked as research analyst for Morgan Stanley in New York City for two years. His first academic job was at the University of Wisconsin (assistant professor, 1983-1987, associate professor, 1987-1989, and full professor, 1990-1996), after which he had professorial positions at Yale University (1996-2001) and University of Maryland (2001-2011) before starting his current affiliation with Georgetown University.
John Rust Net Worth
| Net Worth | $5 Million |
| Source Of Income | Economist |
| House | Living in own house. |
John Rust is one of the richest Economist from United States. According to our analysis, Wikipedia, Forbes & Business Insider, John Rust 's net worth $5 Million. (Last Update: December 11, 2023)
John Rust was born in Wisconsin on May 23, 1955. He graduated from Waukesha High School in 1973, completed B.A. in Mathematics in 1977 at the University of Pennsylvania, and received his Ph.D. in Economics from Massachusetts Institute of Technology in 1983. His dissertation titled “Stationary Equilibrium in a Market for Durable Assets” under the supervision of Daniel McFadden was published as Econometrica article in 1985.
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EconJobMarket.org grew in various significant characteristics (number of job adds posted, number of recruiters’ accounts, number of applicants’ accounts, number of applications transmitted, number of recommenders’ accounts, number of recommendations transmitted) between its inception and 2011 at an average annual rate between 79% and 194%.
Facts & Trivia
John Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in United States. John Rust celebrates birthday on May 23 of every year.
EJM does not attempt to fundamentally alter the decentralized “endogenous search and matching” process by which the economics job market currently operates. Since there is unrestricted entry of intermediaries similar to EJM and a number of for-profit and non-profit organizations are currently competing in this market, we discuss the problem of market fragmentation that can occur when too many organizations attempt to intermediate trade in the market. Contrary to conventional wisdom in industrial organization theory, we show that unrestricted entry and competition of intermediaries can result in suboptimal outcomes. We discuss conditions under which the market might be improved if there is sufficient coordination to promote information sharing, such as establishing a dominant information clearinghouse that operates as a non-profit public service — a role EJM is trying to fulfill.