From the IZA email:
Katherine Terrell was a Professor of Business Economics and Public Policy at the Stephen M. Ross School of Business, and a Professor of Public Policy Analysis at the Gerald R. Ford School of Public Policy at the University of Michigan. She published widely in the areas of economic development and labor economics. Her research evaluated the impact of government policies and the effect of globalization on wages, employment, income inequality and firm performance in emerging market economies. She also served as a consultant to various international organizations such as the World Bank, the OECD and the EBRD.
Those who knew her will always remember Kathy's warm personality and outstanding professional qualities. We are completely shocked by this horrible news. Our thoughts are with her family.
Addendum: Ford School tribute.