Sessions 100 - 119, Saturday, February 24, 11am

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[100] TOPICS IN HEALTH ECONOMICS
Session Organizer and Chair: Robert S. Goldfarb, George Washington University (gldfrb@gwu.edu)

Nursing Home Prospective Payments: Evidence of Profit-Maximizing Behavior?
Frederick G. Thomas, U.S. Health Care Financing Administration (fthomas@hcfa.gov)

The Role of Managed Care Organizations in Rationing Health Care
Mary Ann Baily, The Hastings Center (bailym@thehastingscenter.org)

Measuring the Externality from Flu Vaccinations
Tejwant Singh Datta, Temple University (tejdatta@yahoo.com), Bryan Boulier, George Washington University (mortile@gwu.edu), and Robert S. Goldfarb, George Washington University (gldfrb@gwu.edu)

Discussants:
Dennis Smallwood, U.S. Military Academy (West Point) (jd2200@usma.edu)
Robert H. Jantzen, Iona College (rjantzen@iona.edu)
Dan Waldo, UMBC (dwaldo@hcfa.gov)
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[101] ISSUES IN INTERNATIONAL FINANCE I
Session Organizer and Chair: Theologos Homer Bonitsis, New Jersey Institute of Technology
(bonitsis@adm.njit.edu)

Forecasting International Tourism Demand for Island Destinations: The Case of Cyprus
Petros Anastasopoulos, Fairleigh Dickinson University (anastas@fdusvrt1.fdu.edu)

The Political Economy of Regional Integration: The Case of the African Economic Community
Yilma Gebremariam, Southern Connecticut State University (gebremariam@scsud.ctstateu.edu)

Financial Liberalization in Turkey
Mehmet Odekon, Skidmore College (modekon@skidmore.edu)

A Comparison of U.S. and Japanese Financial Markets
Elias Grivoyannis, Yeshiva University

Discussants:
Theologos Homer Bonitsis, New Jersey Institute of Technology
Luis Eduardo Rivera-Solis, Dowling College
Marshall Booker, Christopher Newport University
Paul R. Kutasovic, New York Institute of Technology (prkutasovic@aol.com)
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[102]  SEN  ON   DEVELOPMENT: THREE  PERSPECTIVES
Session Organizer:  Suresh  A. Desai, International Association of Gandhian Studies (desais@mail.montclair.edu)
Session Chair:  Phillip LeBel, Montclair State University (lebelp@mail.montclair.edu)

Sen and Gandhi on Poverty
Romesh Diwan, Rensselaer Polytechnic Institute (diwanr@rpi.edu)

Sen on Deveopment: A Gandhian Perspective
Suresh Desai, Montclair State University (desais@mail.montclair.edu)

Discussion among presenters and audience.
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[103] NON-MAJORS EDUCATION: THE PERSPECTIVE OF CHAIRS AND DEANS SESSION II OF THE NON-MAJORS EDUCATION WORKING GROUP MINI-CONFERENCE
Session Organizer and Chair: George Georgiou, Towson University (ggeorgiou@towson.edu)

Meeting the Variety of Needs at a State University
James Butkiewicz, University of Delaware (butkiewj@be.edel.edu)

A New Interdisciplinary Approach to the Economics Major
Gail Mitchell Hoyt (ghoyt@pop.uky.edu), Curt Harvey, and Robert Gillette, University of Kentucky

Broadening the Economics Curriculum at a Liberal Arts College
Antonio Callari, Franklin and Marshall College (a_callari@acad.fandm.edu)

Discussants:
Steven Cox, University of Southern Indiana (scox@usi.edu)
Rick Fenner, Utica College (rxf@uc1.ucsu.edu)
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[104]  EURO:  CURRENT AND FUTURE PROSPECTS (Part II of II:  This session is continued from the 9:00am time block.)
Session Organizers:  Kenneth J. Koford, University of Delaware (kofordk@be.udel.edu) and Philip Arestis, South Bank University London (p.arestis@sbu.ac.uk)
Session Chair: Philip Arestis, South Bank University London (p.arestis@sbu.ac.uk)

EMU: A Success Against the Odds?
Iain Begg, South Bank University London (Iain.Begg@sbu.ac.uk)

The Causes of Euro’s Instability
Philip Arestis, South Bank University London (p.arestis@sbu.ac.uk), Iris Biefang-Frisancho Mariscal, University of East London, Andrew Brown, South Bank University London, Malcolm Sawyer, University of Leeds

The Euro and The ECB’s Monetary Policy Strategy
Guglielmo Maria Caporale, South Bank University London (g.m.caporale@sbu.ac.uk)

The Operation of the Euro: Expectations and Reality
Dominick Salvatore, Fordham University (salvatore@murray.fordham.edu)

The Euro and the Pacification of the International Monetary Relations
Jean-Pierre Allegret and Rene Sandretto, University Lumiere Lyon 2 (sandrett@univ-lyon2.fr)

Fiscal Convergence in the Emu: Some Lessons from the USA
Philip Arestis, South Bank University London (p.arestis@sbu.ac.uk), Mosahid Khan, OECD, and Kul Luintel, Brunel University
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[105] TEACHING ECONOMICS FROM HETERODOX PERSPECTIVES
Session Organiser and Chair: Sven R. Larson, Roskilde University, Denmark (larson@ruc.dk)

Illuminating the Invisible Hand:  Feminist Perspectives on the Economics of Households
Susan Feiner, University of Southern Maine (sffein@usm.maine.edu), and Drucilla Barker, Hollins College (dbarker@hollins.edu)

Bringing Real World Problems Into the Classroom: A New Guide to Post Keynesian Economics
Steve Pressman, Monmouth University (pressman@mondec.monmouth.edu), and Ric Holt, Southern Oregon University (rholt@sou.edu)
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[106]  FINANCIAL MARKETS AND FINANCIAL INSTITUTIONS:  WHAT LIES AHEAD?
Session Organizer and Chair:  Vincent G. Massaro, Long Island University (vmassaro@liu.edu)

Life Without Treasury Securities-Further Thoughts
Albert M. Wojnilower, Clipper Group (awojnilower@cdccorp.com)

Japanese Monetary Policy and Deflation
Robert T. McGee, Tokai Bank (tokai.research@mindspring.com)

Monetary Implications of Personal On-Line Payments
Kenneth N. Kuttner, Federal Reserve Bank of New York (kenneth.kuttner@ny.frb.org)

Changes from Derivatives
Vincent G. Massaro, Long Island University (vmassaro@liu.edu)

Discussant:
Thomas W. Synnott, III, U.S. Trust Company of New York (tsynnott@ustrust.com)
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[107]  PEOPLE AND PRODUCTIVITY
Session Chair:  Carlos G. Scartascini, George Mason University (cscartas@gmu.edu)

Handling of Childcare, Household Chores, and Finances in Dual Income Families
Mrigen Bose, University of Scranton (mb353@u.ofs.edu)

Inequality, Technical Change, and Capital Market Imperfection
Sean Hove, University of Aarhus (shove@econ.dk)

Equilibrium in Markets when Agents Can Vary in Ethical Character
Kenneth J. Koford, University of Delaware (kofordk@be.udel.edu)

Discussants:
Cynthia D. Benzing, West Chester University (cbenzing@wcupa.edu)
Michael A. Arnold, University of Delaware (arnoldm@be.udel.edu)
Harvey S. James, University of Hartford (hjames@mail.hartford.edu)
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[108] MACROECONOMIC MODELS
Session Chair:  Oumar Bouare, Human Sciences Research Council (obouare@hsrc.ac.za)

Bridging the Gap Between the Interest Rate and Price Level Approaches in the AD-AS Model:  The Role of the Loanable Funds Market
T. Windsor Fields, James Madison University (fieldstw@jmu.edu) and William R. Hart, Miami University

New Classical Economics, New Keynesian Economics, Stabilization Policy and Empirical Methodology
Richard J. Torz, St. Joseph's College (rtorz@sjcny.edu)

Is the Keynesian Model Incompatible with Rational Expectations?
Gilbert E. McNeill, Clark University (gmcneill@clarku.edu)

Discussants:
Matthew C. Rafferty, Quinnipiac University (matthew.rafferty@quinnipiac.edu)
Tricia Coxwell, William Paterson University (coxwellt@wpunj.edu)
David R. Stockman, University of Delaware (stockman@udel.edu)
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[109] EXCHANGE RATE POLICY
Session Chair:  Ravi A. Yatawara, University of Delaware (yatawara@udel.edu)

Official and Black Market Exchange Rates in Morocco:  A Cointegration Model
Mina N. Baliamoune, University of North Florida (mbaliamo@unf.edu)

Political Economy, Exchange Controls, and the Black Market Premium
Seymour Douglas, Bellsouth Complex Systems and Mohsen Fardmanesh, Temple University (v5087e@vm.temple.edu)

Local Manufacturing Hurt by Depreciations in a Theoretical Model Reflecting the Australian Experience
Robin Pope, The University of Tennessee at Knoxville (rpope3@utk.edu) and Reinhard Selten, University of Bonn

Discussants:
Ravi A. Yatawara, University of Delaware (yatawara@udel.edu)
Robin Pope, The University of Tennessee at Knoxville (rpope3@utk.edu)
Pellegrino Manfra, CUNY (rinom@aol.com)
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[110] ECONOMICS OF EDUCATION
Session Chair: Glenn G. Graham, SUNY-Oswego (graham@oswego.edu)

Black and White Women:  Differences in College Attendance, Does the Rate of Return Matter?
Michele C. McLennan, Ursinus College and Susan L. Averett, Lafayette College (averetts@lafayette.edu)

Advanced Placement:  Do Minorities Have Equal Opportunity?
Kristen Klopfenstein, Texas Christian University (k.klopfenstein@tcu.edu)

Using Survey Data to Identify Demand for Services:  The Case of Higher Education
Donald A. Coffin and Larry Seibert, Indiana University Northwest (dcoffin@iun.edu)

Discussants:
Pattabiraman Neelakantan, East Stroudsburg University (pats@po-box.esu.edu) (Disc 2)
Glenn G. Graham, SUNY-Oswego (graham@oswego.edu)
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[111] ECONOMICS OF MARRIAGE
Session Chair:  Mark D. White, College of Staten Island/CUNY (profmdwhite@hotmail.com)

Marriage and Matching:  Estimation of a Gale-Shapley Model
Sonia Dalmia, Grand Valley State University (dalmias@gvsu.edu)

Age and Education Differences in Marriages and their Effects on Life Satisfaction
Wim Groot, Maastricht University and Henriette Maassen van den Brink, University of Amsterdam (hmvdb@fee.uva.nl)

Cohabitation, Marriage, and Labor Supply:  Household Specialization or Self-Selectivity?
Xue Song, Institute for Women's Policy Research (song_snow@yahoo.com)

Discussants:
Kenneth D. Peterson, Furman University (ken.peterson@furman.edu)
Shimshon Kinory, New Jersey City University (skinory@njcu.edu)
Mark D. White, College of Staten Island/CUNY (profmdwhite@hotmail.com)
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[112] MARKET STRUCTURE AND PERFORMANCE
Session Chair:  Khan Mohabbat, Northern Illinois University (ta0kam1@wpo.cso.niu.edu)

Myopic Selection
Paul A. Geroski, London Business School and Mariana F. Mazzucato, Open University (m.mazzucato@open.ac.uk)

Determinants of Innovation:  A Case Study of the U.S. Auto Industry
Gerald P.W. Simons (simonsg@gvsu.edu) and Paul N. Isley, Grand Valley State University

The Effects of Structure on Division of Surplus in Experimental Markets
Thomas K. Tiemann, Elon College (tiemann@elon.edu)

Discussants:
Thomas K. Tiemann, Elon College (tiemann@elon.edu)
Simona Sung, College of St. Rose (sung@strose.edu)
John King, Elon College (john.king2@elon.edu)
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[113]  GROWTH AND INSTITUTIONS
Session Chair:  Vinod V. Sharma, Ohio State University (sharma.3@osu.edu)

Prospects for Growth and Alleviation of Poverty in Low Income Asia
Vinod V. Sharma, Ohio State University (sharma.3@osu.edu)

Institutions and Economic Growth:  Empirical Evidence from a Cross-National Analysis
Maya Vijayaraghavan and William A. Ward, Clemson University (mvijaya@clemson.edu)

Brain Power Capacity Growth and Economic Growth:  A Case Study of the Economy of the United States
Venkareddy Chennareddy, U.S. General Accounting Office (venkareddyc@peoplepc.com)

Discussants:
Miguel D. Ramirez, Trinity College (ramirez@mail.trinity.edu)
Lisa Daniels, Washington College (lisa.daniels@washcoll.edu)
Jeong-Joon Lee, Towson University (ljj@stanford.edu)
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[114] ECONOMICS OF RECREATION
Session Chair:  Glenn Gerstner, St. John's University (gerstneg@stjohns.edu)

The Economic Impact of Racetracks:  A Program to End the Reinvention of the Wheel
Margaret Ray, University of Arizona (mray@mwc.edu)

Outdoor Recreation Expenditures:  Lower Snake River Reservoirs
Donn M. Johnson, Quinnipiac University (donn.johnson@quinnipiac.edu), John R. McKean, Agricultural Enterprises Inc., and R.G. Taylor, University of Idaho

Discussants:
Nancy E. Brooks, University of Vermont (nbrooks@zoo.uvm.edu)
Mark S. Jelavich, Northwest Missouri State University (mjelav@nwmissouri.edu)
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[115] ISSUES IN ENVIRONMENT, RESOURCE MOBILIZATION, AND EXTERNAL ECONOMY
Session Organizer and Chair: Baban Hasnat, SUNY Brockport (bhasnat@brockport.edu)

Stimulative, Substitutive and Dilutive Effects of Fiscal Transfers in Bangladesh: Empirical Estimation with Pooled Cross-section-Time-series Econometric Technique
M. Muin Uddin, Wells College (Muddin@wells.edu)

Determination of Dollar-Yen Exchange Rate: An Empirical Analysis
M. Faizul Islam, Southeastern University (M.Islam@faculty.seu.edu)

Koyoto Treaty
Amin Sarkar, SUNY Fredonia (sarkar@fredonia.edu)

Discussants:
Amin Sarkar, SUNY Fredonia (sarkar@fredonia.edu)
M. Muin Uddin, Wells College (Muddin@wells.edu)
M. Faizul Islam, Southeastern University (M.Islam@faculty.seu.edu)
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[116] TOPICS IN FORENSIC ECONOMICS III
Session 3 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: Frank D. Tinari, Seton Hall University

How Courts Determine Material Deviation from Reasonable Compensation
Matthew C. McCabe, North Main Consulting

Use of SIPP Data for Determining Lost Future Earnings Capacity of Children with Disabilities
Jeroen Walstra, Cohen & Walstra

A Refinement of the Educational Attainment Model for a Minor Child
Lawrence M. Spizman, SUNY/Oswego, and John Kane

Discussants:
Patrick Fitzgerald, Oklahoma City University
Thomas N. Daymont, Temple University
James D. Rodgers, Penn State University
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[117] INTERNATIONAL WORKING GROUP ON VALUE THEORY
Session 5: Theories of Money and Value 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: Fred Moseley, Mount Holyoke College, USA (fmoseley@mtholyoke.edu)

Marx’s Treatment of Pure Circulation Cost: A Note
Chai-On Lee, Chonnam National University, Korea (conlee@chonnam.ac.kr)

The Abstract/Concrete Relation in the Method Of Political Economy
Claus Magno Germer, Universidade Federal do Parana, Brasil (cmgermer@sociais.ufpr.br)

Discussant: Akira Matsumoto, EHIME University, Japan (amatsu@ll.ehime-u.ac.jp)
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