Sessions 60 - 79, Friday February 23 at 4 pm

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[60] COHERENT STOCK-FLOW MONETARY MACROECONOMICS
Session Organizer: Marc Lavoie, University of Ottawa (mlavoie@uottawa.ca)
Session Chair: Peter Skott, University of Aarhus and University of Massachussets - Amherst (pskott@econ.au.dk)

The Aggregate Budget Constraint and Walras’Law Versus Keynes’Law
Anwar Shaikh, New School University (shaikh@newschool.edu)

A Neo-Kaldorian Model of Growth in a Stock-Flow Monetary Framework
Marc Lavoie, University of Ottawa (mlavoie@uottawa.ca ) and Wynne Godley, Jerome Levy Economics Institute (godley@levy.org)

Ex Ante versus Ex Post Budget Constraints and their Monetary Implications
Jamee Moudud, Sarah Lawrence College and Jerome Levy Economics Institute (jmoudud@slc.edu)

Discussants:
Duncan K. Foley, New School University
Eric Tymoigne, University of Paris 13-Villetaneuse (e.tymoigne@caramail.com)
Hamid Azari, SUNY-New Paltz (azarih@newpaltz.edu)
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[61] CONTEMPORARY ECONOMIC ISSUES IN MEXICO
Session Organizer and Chair: José A. Pagán, University of Texas-Pan American (jpagan@panam.edu)

Unions and Job Queuing in Mexico's Maquiladoras
Rafael Otero, University of Texas at Brownsville (rotero@utb1.utb.edu) and José A. Pagán, University of Texas-Pan American (jpagan@panam.edu)

Determinants and Consequences of Bailing Out States: The Case of Mexico
Fausto Hernández Trillo, Centro de Investigación y Docencia Económicas (trillo@dis1.cide.mx); Alberto Díaz Cayeros, Centro de Investigacion para el Desarrollo, and Rafael Gamboa González, Banco de Mexico, Mexico City

Effects Of Education on the Intergenerational Transmission of Labor
Income in Mexico
Jorge N. Valero Gil, Universidad Autónoma de Nuevo León (jnvg@coah1.telmex.net.mx ) and José A. Tijerina Guajardo, Centro de Análisis y Difusión Económica and Universidad Autónoma de Nuevo León (atijerina@intercable.net)

Discussants:
Miguel D. Ramírez, Trinity College (ramirez@mail.trincoll.edu)
Joseph Guzmán, Georgetown University
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[62] TELLING OTHER STORIES: ALTERNATIVE APPROACHES TO ECONOMIC EDUCATION
Session Organizer and Chair: Edward J. Ford, University of South Florida (eford@coba.usf.edu)

Heterodox Critiques of Introductory Microeconomics Texts
Steve Cohn, Knox College (scohn@knox.edu)

You Can’t Beat Something with Nothing: Getting an Alternative into the Curriculum
Neva Goodwin, Global Development and Environmental Institute, Tufts University (ngoodwin@emerald.tufts.edu)

Beyond the Classroom: Writing about Progressive Economics for a Broad Audience
Steve Brouwer, Big Picture Books (rose@dickinson.edu)

A Constructivist Learning Approach to Income Inequality, Poverty and Discrimination
Ed Ford, University of South Florida (eford@coba.usf.edu) and Dan Leclerc, Ashland Ma. Public Schools (dleclerc@ashlandhs.org)

Discussion among panelists.
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[63]  INTEGRATING TECHNOLOGY IN THE ECONOMICS CURRICULUM: PANEL SESSION I
Session Organizer and Chair: Richard J. Torz, St. Joseph’s College-New York (rtorz@sjcny.edu)

Panelists:
Marshall Booker, Christopher Newport University (mbooker@cnu.edu)
Elizabeth Granitz, Southampton College/LIU (Lgranitz@southampton.liu.edu)
William Strickland, College of Mount Saint Vincent (stricklandw@yahoo.com)

Discussion will take place among session panelists and the audience.
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[64] NEW RESEARCH ON RACIAL WEALTH DISPARITIES
Session Organizer and Chair: Edward N. Wolff, New York University (edward.wolff@nyu.edu)

Racial Wealth Disparities: Is the Gap Closing?
Maury Gittleman, Bureau of Labor Statistics (Gittleman_M@bls.gov) and Edward N. Wolff, New York University (edward.wolff@nyu.edu)

The Transition to Home Ownership and the Black-White Wealth Gap
Kerwin Kofi Charles, University of Michigan (kcharles@umich.edu) and Erik Hurst, University of Chicago (erik.hurst@gsb.uchicago.edu)

Asset Ownership across Generations
Ngina Chiteji, Skidmore College (nchiteji@skidmore.edu) and Frank Stafford, University of Michigan (fstaffor@umich.edu)

Towards a Better Understanding of the Black/White Wealth Gap
Robert Barsky, University of Michigan (barsky@umich.edu); John Bound, University of Michigan (jbound@umich.edu); Kerwin Kofi Charles, University of Michigan (kcharles@umich.edu); and Joseph Lupton, University of Michigan (jlupton@isr.umich.edu)

Discussants:
Dalton Conley, New York University (dalton.conley@nyu.edu)
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[65]  ISSUES IN TRANSPORTATION ECONOMICS
Session Organizer and Chair:  Brian W. Sloboda, Bureau of Transportation Statistics (brian.sloboda@bts.gov)

Measuring the Performance and Efficiency of Transportation Industries by Use of the Malmquist Productivity Index
Brian W. Sloboda, Bureau of Transportation Statistics (brian.sloboda@bts.gov)

An Old Industry in a New Economy:  The Internet's Impact on Transportation
Eugene Li, Bureau of Transportation Statistics

Discussants:
TBA
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[66] TOPICS IN POLITICAL ECONOMY  (This session has only 2 papers.)
Session Chair: Benjamin Balak, University of North Carolina Chapel Hill (bbalak@email.unc.edu)

Re-Implanting Marxian Political Economy
Stanley Bober, Duquesne University (Bober@duq.edu)

Bacon, Hobbes, Petty:  Materialism and Political Economy
Stephen P. Stageberg, Mary Washington College (sstagebe@mwu.edu)

Discussants:
Ronald G. Bodkin, University of Ottawa (rgbodkin@uottawa.ca)
Martin S. Carter, Borough of Manhattan Community College, CUNY (scott380@theglobe.com)
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[67]  STUDIES OF CENTRAL BANK BEHAVIOR
Session Chair:  Bharat R. Kolluri, University of Hartford (kolluri@mail.hartford.edu)

The Taylor Rule and the Fed Chair Appointment Cycle
Edward N. Gamber, Lafayette College (gambere@lafayette.edu) and David R. Hakes, University of Northern Iowa

Does it Pay to be Transparent?  International Evidence from Central Bank Forecasts
Georgios E. Chortareas, Bank of England (georgios.chortareas@bankofengland.co.uk);
David Stasavage, London School of Economics; and Gabriel Sterne, Bank of England

When Tight Policy Weakens Credibility:  Further Evidence on the Drazen-Masson Hypothesis
Kevin J. Carey, American University (kcarey@american.edu)

Discussants:
Jaejoon Woo, DePaul University (jwoo1@wppost.depaul.edu)
F. Pan Shu, SUNY College at Potsdam (shufp@potsdam.edu)
Idanna Appio, Federal Reserve Bank of New York (Idanna.Appio@ny.frb.org)
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[68]  ECONOMIC GROWTH
Session Chair:  Abdur R. Chowdhury, Marquette University (raffi@execpc.com)

Aid and Economic Growth in Sub-Saharan Africa:  Further Evidence
Anthony O. Gyapong, Penn State University (aog1@psu.edu)

Export-led Growth:  Causality Tests for the MENA Region
Aamer Abu-Qarn, Northeastern University (aabuqarn@lynx.neu.edu) and Suleiman Abubader, Ben-Gurion University of the Negev

Endowments and Export Performance in Manufactures
Nihal Tuncer-Terregrossa, Istanbul University (terregro@superonline.com) and Feride Doganer Gonel, Yildiz Technical University

Discussants:
Abdur R. Chowdhury, Marquette University (raffi@execpc.com)
Anthony O. Gyapong, Penn State University (aog1@psu.edu)
Oumar Bouare, Human Sciences Research Council (obouare@hsrc.ac.za)
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[69]  STOCK PRICES AND STOCK VALUES
Session Chair:  James B. Herendeen, University of Texas - El Paso (jherende@utep.edu)

Discerning the Determinants of Common Stock Valuation:  A Scientific Approach
Salvatore J. Terregrossa, Istanbul Bilgi University (grossa@bilgi.edu.tr)

Productivity and Recent Stock Price Increases: An Empirical Analysis
Jamal A. Rashed, Xavier University (rashed@xavier.xu.edu)

Pricing of Speculative Issues
Edward M. Miller, University of New Orleans (ed765@aol.com)

Discussants:
David N. Reps, Pace University (dreps@fsmail.pace.edu)
Edward M. Miller, University of New Orleans (ed765@aol.com)
Amanda King, Elon College (amanda.king@elon.edu)
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[70] THE FINANCIAL SECTOR AND THE MACROECONOMY
Session Chair:  James R. Wible, University of New Hampshire (jrwible@cisunix.unh.edu)

The Role of the Community Reinvestment Act in the Growth of the Alternative Financial Sector
Jill M. Hendrickson, University of the South (jhendric@sewanee.edu)

The Macroefficiency of Alternative Financial Systems
H. Peter Gray, Rutgers University (gray@business.rutgers.edu)

Sources of Macroeconomic Fluctuations in Saudi Arabia
Eisa A. Aleisa (eisa@siu.edu) and Selahattin Dibooglu, Southern Illinois University at Carbondale

Discussants:
Jerome Picard, Mount Saint Mary College (picard@msmc.edu)
James Stodder, RPI at Hartford (stodder@rh.edu)
H. Peter Gray, Rutgers University (gray@business.rutgers.edu)
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[71] FINANCING EDUCATION
Session Chair:  Elbert V. Bowden, Appalachian State University (bowdenev@appstate.edu)

Recent Variation among Private Colleges in Endowment Growth:  The Relative Roles of Gifts, Investment Return, and Spending
Donald L. Basch, Simmons College (donald.basch@simmons.edu)

An Analysis of the Tax Effort and Spending Levels in School Finance
Dan C. Messerschmidt and Joseph H. Turek, Lynchburg College (Turek_J@lynchburg.edu)

Discussants:
Elbert V. Bowden, Appalachian State University (bowdenev@appstate.edu)
Jennie Wenger, The CNA Corporation (wengerj@cna.org)
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[72] FULL-TIME AND PART-TIME WAGE DIFFERENTIALS
Session Chair:  Martin Gritsch, William Paterson University (gritschm@wpunj.edu)

Full- and Part-Time Wage Differentials and Female Labor Supply: Discontinuous Budget Constraint and Endogenous Wages
Myeong-Su Yun, University of Western Ontario (myun@julian.uwo.ca)

Inter-Industry Part-Time and Full-Time Wage Differentials: A National and Regional Analysis
John Baffoe-Bonnie, Penn State University (jbb10@psu.edu)

Discussants:
Martin Gritsch, William Paterson University (gritschm@wpunj.edu)
Donald A. Coffin, Indiana University Northwest (dcoffin@iun.edu)
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[73]  MARKET STRUCTURE AND PROFITABILITY
Session Chair:  Thomas K. Tiemann, Elon College (tiemann@elon.edu)

Aftermarkets and the Transfer of Market Power in the Bicycle Industry
Matthew R. Roelofs, Western Washington University and Paul N. Isely, Grand Valley State University (iselyp@gvsu.edu)

What Happened to the U.S. Occupational Structure and Earnings During the 1990s?
Jongsung Kim, Bryant College (jkim@bryant.edu)

The Timing of Hardcover and Paperback Book Publication
Mark D. White, College of Staten Island/CUNY (profmdwhite@hotmail.com)

Inventories and Interindustrial Profit Rate Differentials
Ajit Zacharias, Jerome Levy Economics Institute (zacharias@levy.org)

Discussants:
Mark D. White, College of Staten Island/CUNY (profmdwhite@hotmail.com)
Shimshon Kinory, New Jersey City University (skinory@njcu.edu)
John King, Elon College (john.king2@elon.edu)
Julian Wells, The Open University (P.J.Wells@open.ac.uk)
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[74] ISSUES IN POLITICAL ECONOMY - UNDERGRADUATE STUDENT RESEARCH
Mini-Conference of Issues in Political Economy:  Session 4

Session Organizers: Tina Das, Elon College, Steve DeLoach, Elon College and Steven Greenlaw, Mary Washington College
Session Chair:  Heather Winnor, Elon College

Investigating Recycling Rates in Central Massachusetts: Which Approach Works Better, the Carrot or the Stick?
Jessica Greer, Worcester State College

How a Sacrificial System Can Retard the Growth of Religion
Darice Fichter, Elon College

Equity Duration in the Modern Economy (1995-1999)
Scott Dineen, Mary Washington College

Day Trading and Market Efficiency: an Experimental Approach
Sandra Wolley, Worcester State College

Discussants:
Grazia LoBello, Iona College
Alan Elworthy, Worcester State College
Matt Carson, Elon College
Mick Marlier, Elon College
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[75] TOPICS IN FORENSIC ECONOMICS I
Session 1 of the National Association of Forensic Economics Sessions

Session Organizers:  Frank D. Tinari, Seton Hall University (tinarif@shu.edu) and Laura S. Nowak, College of Staten Island, CUNY (nowak@postbox.cis.cuny.edu)

Session Chair: Laura S. Nowak, College of Staten Island, CUNY

Exploring the Possibility of Worklife Expectancies for Specific Disabilities
James D. Rodgers, Penn State University

Worklife Expectancies Revisited
William D. King, William D. King & Associates Inc.

Big Differences in Damages Calculations for Identical Cases in New York, New Jersey and Pennsylvania
Frank D. Tinari, Seton Hall University

Credibility and Avoidance of Bias for the Expert Witness
Patrick Fitzgerald, Oklahoma City University

Discussants (in order of papers listed above)
David M. Zulli, DMZ Solutions
Robert J. Thornton, Lehigh University
Thomas O. Depperschmidt, University of Memphis
Matthew C. McCabe, North Main Consulting
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[76] INTERNATIONAL WORKING GROUP ON VALUE THEORY
Session 3: Interpretations of Marx's Value Theory II
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: John Milios, National Technical University of Athens, Greece (jmilios@hol.gr)

A Critique of the so-called Temporal Single System Interpretation of Marx's Value Theory
Dong-Min Rieu, Chungnam University, Korea (rieudm@cnu.ac.kr)

Marx and Ricardo on Time
Keith Gibbard, Manchester Metropolitan University, UK (K.Gibbard@mmu.ac.uk)

Vulgar Economy in Marxian Garb: A Critique of Temporal Single System Marxism
Gary Mongiovi, St John's University, USA (mongiovig@stjohns.edu)

Discussants:
Andrew Kliman, Pace University (Andrew_Kliman@msn.com)
Alan Freeman, University of Greenwich, U.K., (a.freeman@greenwich.ac.uk)
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[77]  EMPIRICAL WORK IN POST KEYNESIAN ECONOMICS: Session I
Session Organizers and Chairs: Richard Holt, Southern Oregon University (rholt@sou.edu) and Steve Pressman, Monmouth University (pressman@mondec.monmouth.edu)

Bubbles or Whirlpools? An Empirical Analysis of the Effects of Speculation and Financial Uncertainty on Investment and Unemployment
Michelle Baddeley, Cambridge University (mb150@cus.cam.ac.uk)

Keynes's Multifrequency Perspective at the Macmillan Committee and the Present Economic Slowdown
Ronald Calitri (calitrir@earthlink.net)

Balance-of-Payments Constrained Economic Growth in Brazil
Frederico Jayme, New School University (jaymef01@newschool.edu)

Discussants:
Anthony Laramie, Merrimack College (alaramie@merrimack.edu)
Douglas Mair, Heriot-Watt University (d.mair@hw.ac.uk)
Lawrance L. Evans, Jr., University of Massachusetts-Amherst (levans@econs.umass.edu)
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