Department of Economics
University of Rhode Island
Kingston, RI 02881-0808
Leonard Lardaro, who is presently a Professor of
Economics at the University of Rhode Island, has been a faculty member there since June,
1981. Professor Lardaro has taught courses in Econometrics at both the undergraduate and
graduate levels, Introductory Economics (both micro and macro), Intermediate Economic
Theory (micro and macro), Labor Economics, Public Finance, Money and Banking, and
Managerial Economics (MBA). The emphasis in his courses is the blending of theory with
empiricism, and always, the application of economics to current events.
His research has centered on the
econometric analysis of labor markets, ranging from the labor supply effects of
Unemployment Insurance to state-level analysis of job vacancy rates and labor market
flows. In 1992, he authored an undergraduate econometrics text, Applied
Econometrics, with HarperCollins.
Professor Lardaro has been analyzing and forecasting the Rhode Island economy since
1991, focusing on its labor and housing markets, demographic factors, and
the income created by Rhode Island's economy. Those forecasts were
presented at a series of regional conferences and as testimony before a
number of Rhode Island Revenue Estimation and Caseload conferences.
In 1995, he formulated and began to publish the Current Conditions Index (CCI) for
Rhode Island, a monthly indicator of the present state of the economy. In
1999, he created and published the Jobless Improvement Index, a measure
that gauges each state's unemployment rate "momentum."
Professor Lardaro has had a number of his articles published in the Providence Business News
and in the editorial and business pages of The
Providence Journal since the early 1990s. He was a member of the Family Independence Coalition
that proposed welfare reform legislation and served on the Advisory Committee for
"Critical Needs/Collaborative Solutions - Implementation of the 'Needs for the
Nineties' " with the United Way and the Human Resource Investment Council from 1994
to 1996. He was also a part of the Property Assessment Committee for Girl Scouts of Rhode
Island. At that time, Professor Lardaro was a member of the Community Service Board
of Directors for the United Way of Southeastern New England. In April of 1997 he was
appointed by Governor Almond to serve on the Labor Market Information Committee for the
Human Resource Investment Council. And, in May of 2008, Professor Lardaro was selected by Governor Carcieri to serve on the Rhode Island Tax Policy Strategy Workgroup.