Linh Chu '14
3/19/14Randolph-Macon College student Linh Chu ’14, an economics/business and accounting major, won the Best Undergraduate Paper Award at the Forty-fourth Annual Meeting of the Southeast Decision Sciences (SEDSI) held February 19-21, 2014 in Wilmington, North Carolina. There were 21 undergraduate paper submissions.
Chu’s paper, titled “What Determines Gold Prices,” was an econometric investigation of the determinants of movements in the price of gold over the period from the end of the gold exchange standard (1973) through 2013. Chu presented the results of the paper as a PowerPoint and the text of her paper was published in the Papers and Proceedings of the conference.
Chu’s paper was started as a project in Economics/Business Professor Barry Pfitzner’s econometrics class in the spring of 2013. Pfitzner encourages students to design their econometrics projects based on something that interests them. Chu, who is from Viet Nam, was interested in gold prices because it is far more common for Vietnamese (as opposed to Americans) to hold gold as a store of wealth. She communicated on the final form of the paper with Pfitzner from The Netherlands during her semester abroad in fall 2013.
“My experience at the SEDSI conference was wonderful,” says Chu. “It was a great opportunity for me to meet other researchers, and it was a huge surprise to receive the award. I am especially thankful to R-MC and to Professor Pfitzner, who always encourages and guides me.”
“Every faculty member of the Department of Economics and Business is very proud of Linh and her work,” says Pfitzner. “The award is an appropriate recognition of her hard work and dedication.”