Friday 11am

Sessions 20 - 39, Friday February 23 at 11 am

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[20] GENDER AND LABOR MARKET OUTCOMES
CSWEP Session 1
Session Organizer and Chair: Barbara M. Fraumeni, Bureau of Economic Analysis
(Barbara.Fraumeni@bea.doc.gov)

Does Attending Predominantly Female Schools Make a Difference? Labor Market Outcomes for Women
Sherrilyn M. Billger, Union College (billgers@union.edu)

Gender, Ethnicity, and Occupational Choice in Germany: Is It Who You Are or Who Your Parents Are?
Amelie Constant, University of Pennsylvania (aconstan@sun.ssc.upenn.edu) and
Tayyeb Shabbir, University of Pennsylvania

Better to Marry than to Earn? Examining the Male Marriage Premium
Jennie Wenger, The CNA Corporation (wengerj@cna.org)

Discussants:
Michele McLennan, Ursinus College (mmclennan@ursinus.edu)
Martin Gritsch, William Paterson University (gritschm@wpunj.edu)
Kristin Klopfenstein, Texas Christian University (k.klopfenstein@tcu.edu)
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[21] TOPICS IN POST KEYNESIAN ECONOMICS
Session Organizer and Chair: Steven Pressman, Monmouth University (pressman@mondec.monmouth.edu)

What Do Aggregate Production Functions Tell Us? Second Thoughts on Solow's 'Second Thoughts on Growth Theory'
John McCombie, Downing College (jslm1@cam.ac.uk)

Venture Capitalist Financing: Extending Minsky’s “Wall Street” Perspective, with Some Casual Empiricism
Ingrid Rima, Temple University

Death of Post-Keynesian Economics?
Guiseppe Fontana (gf@lubs.leeds.ac.uk) and Bill Gerrard, Leeds University

Discussants:
Anwar Shaikh, New School University
Jill Hendrickson, University of the South
Roy Rotheim, Skidmore College
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[22] TOPICS IN EXCHANGE RATE FLUCTUATIONS
Session Organizer and Chair: Jasmina Spasojevic, City University of New York (jspasojevic@gc.cuny.edu)

Microfoundations of Technical Analysis: Limit Orders and Exchange Rate Dynamics
Carol Osler, Federal Reserve Bank of New York (Carol.Osler@ny.frb.org)

The Impact of Technical Currency Trading on Exchange Rate Fluctuations
Stephan Schulmeister, Austrian Institute of Economic Research (Stephan.Schulmeister@wifo.ac.at)

Do Monetary Models of the Exchange Rate with RE Fit the Data?
Michael Goldberg, University of New Hampshire (michaelg@hypatia.unh.edu)

Discussants:
Idanna Appio, Federal Reserve Bank of New York (Idanna.Appio@ny.frb.org)
Salih Neftci, The Graduate Center, CUNY (sneftci@attglobal.net)
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[23] RACE AND U.S. PUBLIC POLICY
Session sponsored by the Association for Social Economics
Session Organizer: Deborah M. Figart, Richard Stockton College (figartd@loki.stockton.edu)
Session Chair: Janice Peterson, Institute for Women's Policy Research
(The late Rhonda M. Williams was the intended chair and discussant for
this session. The session is now in her honor.)

Family Structure and Afro-Euro Differences in Poverty and Unemployment
Steven Shulman, Colorado State University

Limited Choices? A Discussion of Employment-Based Anti-Poverty Programs
Robert Cherry, Brooklyn College

Practicing Race: Inclusion and Exclusion in US Labor Market Policies
Marilyn Power, Sarah Lawrence College, Deborah M. Figart, Richard Stockton College, and Ellen Mutari, Richard Stockton College

Discussant:
Janice Peterson, Institute for Women's Policy Research
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[24] SPECIAL TOPICS IN ECONOMICS: DOCTORAL STUDENT RESEARCH
Session Organizer: Richard J. Torz, St. Joseph’s College-New York (rtorz@sjcny.edu)
Session Chair: Mary Lo Re, Queensborough Community College/CUNY (mlore11378@aol.com)

From Welfare to Work: Has Welfare Reform Worked?”
Neeraj Kaushal, Graduate School and University Center/CUNY (neerajkaushal@hotmail.com)

The Influence of Family and Community Ties on the Demand for Home Equity Conversion Mortgages
Ken Knapp, International Longevity Center and Graduate School and University Center/CUNY (kenk@ilcusa.org)

A Simple Model for Foreign Direct Investment (FDI)
Haitao Liang, Graduate School and University Center/CUNY (HLIANG@gc.cuny.edu)

Discussants:
Ken Knapp, International Longevity Center and Graduate School and University Center/CUNY (kenk@ilcusa.org)
Haitao Liang, Graduate School and University Center/CUNY (HLIANG@gc.cuny.edu)
Neeraj Kaushal, Graduate School and University Center/CUNY (neerajkaushal@hotmail.com)
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[25] ISSUES IN RETIREMENT
Session Chair: Norman L. Knaub, Penn State University (nlk1@psu.edu)

Planning for Retirement: The Accuracy of Expected Retirement Dates and the Role of Health Shocks
Debra Dwyer, SUNY Stony Brook (debra.dwyer@sunysb.edu)

The Exchange of Bequests for Elder Care and Retired Parents' Term Life Insurance Ownership
Meta A. Brown, New York University (mab208@nyu.edu)

The Interest Elasticity of Saving in the G-7 Countries Revisited
Richard A. Cohn and Bharat R. Kolluri, University of Hartford (kolluri@mail.hartford.edu)

Discussants:
Norman L. Knaub, Penn State University (nlk1@psu.edu)
Hugo Benitez-Silva, SUNY Stony Brook (hbenitezsilv@ms.cc.sunysb.edu)
Khan Mohabbat, Northern Illinois University (ta0kam1@wpo.cso.niu.edu)
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[26] ISSUES IN INTERNATIONAL TRADE AND DEVELOPMENT, Session II of II
Session Organizers: James H. Cassing (jcassing+@pitt.edu) and Jerome C. Wells, University of Pittsburgh (wells01+@pitt.edu)
Session Chair: Maria Cruz-Saco, Connecticut College (macru@conncoll.edu)

Female Industrial Labor in a Developing Economy: The Case of the Netherlands Indies
Siddarth Chandra, University of Pittsburgh (schandra@pitt.edu)

The Political Economy of Trade with Developing Countries in Environmentally Sensitive Products
Thomas Kuhn, Chemnitz Technical University

AIDS and Microentrepreneurship in Africa: Evidence from Malawi
Michael McPherson, University of North Texas (mcpherson@po6.cas.unt.edu)

Trade Liberalization and Productivity Change in Latin American Manufacturing
Eva Paus, Mt. Holyoke College (epaus@mtholyoke.edu); Michael Robinson, Mt. Holyoke College; and Nola Reinhardt, Smith College

Discussants:
A’amer Farooqi, Cornell College, Iowa (farooqi@cornell-iowa.edu)
Siddarth Chandra, University of Pittsburgh (schandra@pitt.edu)
Maria Cruz-Saco, Connecticut College (macru@conncoll.edu)
James H. Cassing, University of Pittsburgh (jcassing+@pitt.edu)
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[27] A NEW ECONOMICS AND GLOBALIZATION
Session Chair: Kevin Quinn, Bowling Green State University (kquinn@bgnet.bgsu.edu)

Anthropometric versus Conventional Economic Measures of the Standard of Living: A Search for Theoretical Consistency
Mary Eschelbach Hansen, American University (hansen_mary@hotmail.com) and Farley Grubb, University of Delaware

In Search of the Non-Walrasian Labour Market Model in the Era of Globalization
Harold R. Chorney, Concordia University Montreal (blmsbry@aol.com)

Discussants:
James R. Wible, University of New Hampshire (jrwible@cisunix.unh.edu)
Martin S. Carter, Borough of Manhattan Community College, CUNY (scott380@theglobe.com)
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[28] GAME THEORY AND UNCERTAINTY
Session Chair: Walter Enders, University of Alabama (wenders@cba.ua.edu)

Evolutionary Game Theory, Households, and Social Policymaking
Brigitte H. Bechtold, Central Michigan University (b.bechtold@cmich.edu)

Representing Incomplete Preference Orderings with Conditional Expectation
Beatriz Rumbos, Instituto Tecnologico Autonomo de Mexico (rumbos@itam.mx)

First Price Auctions in the Independent Private Value Model
Bernard Lebrun, Universite Laval (bleb@ecn.ulaval.ca)

Price Leadership With Rising Marginal Costs
Torsten Schmidt, University of New Hampshire (torsten.schmidt@unh.edu)

Discussants:
Shinichi Nishiyama, Ohio State University (nishiyama.2@osu.edu)
Brigitte H. Bechtold, Central Michigan University (b.bechtold@cmich.edu)
Torsten Schmidt, University of New Hampshire (torsten.schmidt@unh.edu)
Walter Enders, University of Alabama (wenders@cba.ua.edu)
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[29] FINANCIAL ECONOMICS
Session Chair: Amanda King, Elon College (amanda.king@elon.edu)

Does the Interest Rate Clear the Money Market or the Loanable Funds Market?
T. Windsor Fields, James Madison University (fieldstw@jmu.edu) and William R. Hart, Miami University (hartwr@muohio.edu)

The Risk Adjusted Discount Rate for Risky Cash Outflows Revisited
Bridget Lyons, (lyonsb@sacredheart.edu) and C.J. Wang, Sacred Heart University

Barter Networks: Implications for Macroeconomic Stability
James Stodder, RPI at Hartford (stodder@rh.edu)

Discussants:
Jerome Picard, Mount Saint Mary College (picard@msmc.edu)
Guldem Gokcek, New York University (GGOKCEK@courts.state.ny.us)
John C. Soper, John Carroll University (jsoper@jcu.edu)
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[30] PUBLIC FINANCE
Session Chair: Harold Hochman, Lafayette College (kappieh@aol.com)

Property Tax Shifting Under Imperfect Competition: Theory and Application
Mustafa Oktem, University of New Hampshire (moktem@cisunix.unh.edu)

A Search Theoretic Analysis of the R&D Tax Credit
Michael A. Arnold, University of Delaware (arnoldm@be.udel.edu) and Steven A. Lippman, UCLA

Discussants:
Stephen J.K. Walters, Loyola College in Maryland (swalters@loyola.edu)
Harold Hochman, Lafayette College (kappieh@aol.com)
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[31] HEALTH CARE INSURANCE, TAXES, AND SUBSIDIES
Session Chair: John M. Robst, Health Care Financing Administration (jrobst@hcfa.gov)

Estimation of a Hedonic Pricing Model for Medigap Insurance
John M. Robst, Health Care Financing Administration (jrobst@hcfa.gov)

Anomalies in the Pricing of Long Term Care for the Aged
David N. Reps, Pace University (dreps@pace.edu)

Optimal Tax/Subsidy Combinations for the Flu Season
Peter J. Francis, CNA Corporation (francisp@alum.mit.edu)

Discussants:
Peter J. Francis, CNA Corporation (francisp@alum.mit.edu)
John M. Robst, Health Care Financing Administration (jrobst@hcfa.gov)
David N. Reps, Pace University (dreps@pace.edu)
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[32] EMPIRICAL LABOR ECONOMICS
Session Chair: Ronald L. Straight, Howard University (rstraight@howard.edu)

The Profitability of Unionized Firms in the Latter 1990s
Craig A. Eschuk, University of Notre Dame (eschuk.1@nd.edu)

Estimation of Wage Differentials Based on the Status of Disability
Brian W. Sloboda, U.S. Department of Transportation-BTS (brian.sloboda@bts.gov)

Discussants:
Myeong-Su Yun, University of Western Ontario (myun@julian.uwo.ca)
Daniel Kostzer, University of Tucuman and Ministry of Labor, Argentina (dkostzer@trabajo.gov.ar)
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[33] MAJORS AND WAGES
Session Chair: Donald A. Coffin, Indiana University Northwest (dcoffin@iun.edu)

College Major and the Gender Wage Gap: A Look at the 1990s
Gayle L. Reznik, SUNY Stony Brook (greznik@ic.sunysb.edu)

Major and Income for Wisconsin Students
James I. Brannon, University of Wisconsin Oshkosh (brannon@uwosh.edu) and M. Kevin McGee, University of Wisconsin Oshkosh

College Major, Personality, and Wage Dispersion
Gregory A. Lilly, Elon College (lillyg@elon.edu) and Samuel K. Allen, University of Arizona

Discussants:
Cynthia D. Benzing, West Chester University (cbenzing@wcupa.edu)
Kevin R. Foster, City College CUNY (kfoster@acis32.admin.ccny.cuny.edu)
Frank W. Musgrave, Ithaca College (musgrave@ithaca.edu)
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[34] ECONOMIES IN TRANSITION
Session Chair: Kenneth J. Koford, University of Delaware (kofordk@be.udel.edu)

Structural Differences in Transition Economies
Stephen G. Grubaugh and Andrew J. Stollar, Bentley College (astollar@bentley.edu)

The 1992-96 Bulgarian Foreign Trade Data Puzzle
Casimir Dadak, Hollins University (cdadak@hollins.edu)

China's Unique Transition
James W. Dean, Western Washington University and Simon Fraser University (James.Dean@wwu.edu)

The Transition Between the Old and New Traditional Economies in India
J. Barkley Rosser (rosserjb@jmu.edu) and Marina V. Rosser, James Madison University

Discussants:
Khalid Mehtabdin, College of St. Rose (metabdin@strose.edu)
Iliana Ilieva, Fordham University (ilieva@fordham.edu)
Yilma Gebremariam, Southern Connecticut State University (gebremariam@scsud.ctstateu.edu)
Paresh Chattopadhyay, Universite de Quebec a Montreal (paresh.chattopadhyay@internet.uqam.ca)
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[35] THE FIRST TWO YEARS OF EUROPE'S NEW POLICY REGIME: A
CRITICAL ASSESSMENT
Session Organizers: Ajit Zacharias, Jerome Levy Economics Institute (zacharias@levy.org) and Jorg Bibow, University of Hamburg and Jerome Levy Economics Institute (bibow@levy.org)
Session Chair: Ajit Zacharias, Jerome Levy Economics Institute (zacharias@levy.org)

Fiscal Policy
Malcolm Sawyer, University of Leeds and Jerome Levy Economics Institute
(M.C.Sawyer@lubs.leeds.ac.uk)

European Unemployment: Learning the Right American Lessons
James K. Galbraith, University of Texas-Austin and Jerome Levy Economics Institute
(Galbraith@mail.utexas.edu)

Easy Money through the Back Door: The Markets vs. the ECB
Jorg Bibow, University of Hamburg and Jerome Levy Economics Institute
(bibow@levy.org)

Productivity, Employment and Growth in European Integration
Adalmir Marquetti, Pontificia Universidade Catolica do Rio Grande do Sul (aam@portoweb.com.br)

Discussants:
Wynne Godley, Levy Economics Institute
Sanjaya De Silva, Bard College
Stephanie Bell, University of Missouri-Kansas
Claudio Puty, New School University and UFPA
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[36] ISSUES IN POLITICAL ECONOMY - UNDERGRADUATE STUDENT RESEARCH
Mini-Conference of Issues in Political Economy: Session 2
Session Organizers: Tina Das, Elon College, Steve DeLoach, Elon College and Steven Greenlaw, Mary Washington College
Session Chair: David Frank, Iona College

The Willingness to Pay for Cleaner Streams in the Enoree Watershed: An Application of the Contingent Valuation Method
Scott Holladay and Bill Booth, Furman University

Inflation Targeting in Central and Eastern Europe
Matthew Carson, Elon College

A Crisis in the Making: America’s Oil Supply
Tim Robinson, Mary Washington College

Maternal Employment and Scholastic Achievement
Jessica Al-Banna, Elon College

Discussants:
Darice Fichter, Elon College
Bridget Geiman, Mary Washington College
Jack Haldeman, Elon College
Karen Ransom, Mary Washington College
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[37] INTERNATIONAL WORKING GROUP ON VALUE THEORY
Session 1: Value and Social Theory
Session Organizers: Alan Freeman, University of Greenwich, U.K., (a.freeman@greenwich.ac.uk) and Andrew Kliman, Pace University (Andrew_Kliman@msn.com)
Session Chair: Alan Freeman, University of Greenwich, U.K., (a.freeman@greenwich.ac.uk)

Economics, Mathematics, ‘Defects Of Reasoning’ And Chaos
Vladimir Micheletti, Universidade Federal de Alagoas, Brasil (vlamiche@ofm.com.br)

Social Relations and Labour Productivity
Manuel Riesco, Independent Economist, Chile (mriesco@cep.cl)

Value and Contract Formation
Howard Engelskirchen, Independent Economist, USA (lhengels@igc.org)

Discussion among participants.
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