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[80] THE NEW ECONOMY
Session Organizer and Chair: Romesh Diwan, RPI (diwanr@rpi.edu)
Emerging Patterns of Competition in the New Economy
Steve Onyeiwu, RPI
New Economy and the Business Cycle
Chandana Chakraborty, Montclair state University (chakraborty@saturn.montclair.edu)
Information Technology and the New Global Economy
Romesh Diwan (diwanr@rpi.edu) and Orachat Leingpeboon, RPI
A Dynamic Model of Cooperative Behavior
Robert Jones, RPI
Discussants:
TBA
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[81] HOSPITAL AND PHYSICIAN REIMBURSEMENT
Session Chair: Robert H. Jantzen, Iona College (rjantzen@iona.edu)
Pennsylvania Hospital Capital Formation: A Ten-Year Retrospective
Susan Geiger Zumas, Muhlenberg College (zumas@muhlenberg.edu)
A Geographic Price Index for Managed Care Physician Services
John M. Robst (jrobst@hcfa.gov) and Al Peden, Health Care Financing
Administration
Legalomics
Vincent F. Maher and Joseph W. Ford, Iona College
Discussants:
Christopher J. Stevens, Indiana University of Pennsylvania (theprof66@yahoo.com)
Susan Geiger Zumas, Muhlenberg College (zumas@muhlenberg.edu)
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[82] INTEGRATING TECHNOLOGY IN THE ECONOMICS CURRICULUM: PANEL
SESSION II
Session Organizer and Chair: Richard J. Torz, St. Joseph’s College-New
York
(rtorz@sjcny.edu)
Panelists:
Richard Anderson, New Jersey City University (randerson@njcu.edu)
Susan Christoffersen, Philadelphia University (ChristoffersenS@philau.edu)
Glenn Gerstner, St. John’s University (gerstneg@stjohns.edu)
Discussion will take place among session panelists and the audience.
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[83] ISSUES IN BANKING STRUCTURE AND PERFORMANCE
Session Organizer and Chair: Stephen M. Miller, University of
Connecticut (stephen.miller@uconn.edu)
Intensity of Out-of-State Competition and Productivity Growth of U.S.
Commercial Banks
Dogan Tirtiroglu, Concordia University; Kenneth N. Daniels, Virginia
Commonwealth University (kndaniel@vcu.edu); and Ercan Tirtiroglu, University
of Massachusetts, Dartmouth (etirtiroglu@umassd.edu)
Determinants of de Novo Entry in Banking
Steven A. Seelig, International Monetary Fund (sseelig@imf.org) and
Timothy Critchfield, Federal Deposit Insurance Corporation (waviator@fdic.gov)
Births, Deaths, and Marriages in U.S. Commercial Banking
Yongil Jeon, Central Michigan University (yjeon@mail.cmich.edu) and
Stephen M. Miller, University of Connecticut (stephen.miller@uconn.edu)
Discussants:
Kankana Mukherjee, University of Connecticut (kankana.mukherjee@uconn.edu)
Yongil Jeon, Central Michigan University (yjeon@mail.cmich.edu)
Timothy Critchfield, Federal Deposit Insurance Corporation (waviator@fdic.gov)
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[84] EURO: CURRENT AND FUTURE PROSPECTS (Part I of II:
This session will continue in the 11:00am 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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[85] ECONOMICS OF POVERTY AND ILLEGAL DRUGS
Session Chair: Norman L. Knaub, Penn State University (nlk1@psu.edu)
Approaches to Welfare Reduction
Norman L. Knaub, Penn State University (nlk1@psu.edu)
Understanding Appalachia: Why White Poverty Persists
Robert Baumann and Patricia B. Reagan, Ohio State University (reagan.3@osu.edu)
Paradoxical Effects of Drug Policy in a Model with Imperfect Competition
and Switching Costs
Peter Skott and Gunnar Thorlund Jepsen, University of Aarhus, Denmark
(pskott@econ.au.dk)
Discussants:
Kelly Noonan, Rider University (knoonan@rider.edu)
Dennis R. Heffley, University of Connecticut (dheffley@uconnvm.uconn.edu)
Peter J. Francis, CNA Corporation (francisp@alum.mit.edu)
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[86] THE RELEVANCE OF ECONOMICS: IS WORLDLY PHILOSOPHY STILL
POSSIBLE?
Session Organizer and Chair: Mathew Forstater, University of Missouri-Kansas
City (ForstaterM@umkc.edu)
The Relevance of Heilbroner's Worldly Philosophy
Mathew Forstater, University of Missouri-Kansas City (ForstaterM@umkc.edu)
The Relevance of Economics: Is Worldly Philosophy Still Possible?
Robert Heilbroner, New School for Social Research
Discussants:
William A. Darity, Jr., University of North Carolina-Chapel Hill
Peter B. Kenen, Princeton University
Deirdre McCloskey, University of Illinois-Chicago
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[87] GRANGER-CAUSALITY TESTS
Session Chair: Edward N. Gamber, Lafayette College (gambere@lafayette.edu)
Determining the Importance of Banks for the Local Economy: Evidence
from a Panel Vector Autoregression
Sandra Hanson McPherson, Towson University (smcpherson@towson.edu)
and Christopher J. Waller, University of Kentucky
Velocity and the Money Growth Variability: Empirical Evidence
from the 1990s
Hamid Milani, University of Wisconsin Marathon County (hmilani@uwc.edu)
What Is the Role of Fiscal and Monetary Policy in our Aggregate Economy?
An Empirical Comparison of the Effectiveness of Fiscal and Monetary Policy
in Taming Business Cycles
Tricia Coxwell, William Paterson University (coxwellt@wpunj.edu) and
Don Bruce, University of Tennessee at Knoxville
Discussants:
Edward N. Gamber, Lafayette College (gambere@lafayette.edu)
Kevin J. Carey, American University (kcarey@american.edu)
Bharat R. Kolluri, University of Hartford (kolluri@mail.hartford.edu)
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[88] FINANCIAL LIBERALIZATION
Session Chair: Mina N. Baliamoune, University of North Florida
(mbaliamo@unf.edu)
The Impact of Financial Liberalization on Savings, Investment, and Economic
Growth
Abdur R. Chowdhury, Marquette University (raffi@execpc.com)
Bank Runs and Financial Liberalization: The Case of Ecuador
Gabriel X. Martinez, University of Notre Dame (martinez.49@nd.edu)
Opening the Brazilian Economy in the 1990s: Effects Upon the Use
of Social Labor
Duilio de Avila Berni, Pontificia Universidade Catolica do Rio Grande
do Sul (duilio@pucrs.br)
Discussants:
Hedayeh Samavati, Indiana-Purdue University-Fort Wayne (samavati@ipfw.edu)
Neven T. Valev, Georgia State University (nvalev@gsu.edu)
Mina N. Baliamoune, University of North Florida (mbaliamo@unf.edu)
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[89] FOREIGN EXCHANGE MARKET
Session Chair: Kellie L. Maske, Appalachian State University
(maskekl@appstate.edu)
Are Forward Rates Unbiased Estimators of Future Spot Rate: An
Empirical Examination of the Foreign Currency Market
Shailendra Verma, Lou Noyd, (noyd@nku.edu) and Anju Ramjee, Northern
Kentucky University
Cross Country Spill Over Effects in Foreign Exchange Rate Market:
An Empirical Analysis
Subarna Samanta, The College of New Jersey (ssamanta@tcnj.edu) and
Ali H.M. Zadeh, Susquehanna University
Determinants of the Parallel Market Exchange Rate in Sub-Saharan Africa
Gerald E. Scott, Florida Atlantic University (scott@fau.edu)
Discussants:
Subarna Samanta, The College of New Jersey (ssamanta@tcnj.edu)
Lou Noyd, Northern Kentucky University (noyd@nku.edu)
Pellegrino Manfra, CUNY (rinom@aol.com)
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[90] EMPIRICAL STUDIES IN PUBLIC FINANCE
Session Chair: Michael A. Arnold, University of Delaware (arnoldm@be.udel.edu)
The Effect of Electoral Systems on the Tax Mix: A Cross-National
Analysis
Carlos G. Scartascini, George Mason University (cscartas@gmu.edu)
Rent Seeking and Economic Growth: Further Evidence from the States
Ismail M. Cole, California University of Pennsylvania (ismailcole@cs.com)
and M. Arshad Chawdhry, California University of Pennsylvania
Economic, Political, and Institutional Determinants of Public Deficits
Jaejoon Woo, DePaul University (jwoo1@wppost.depaul.edu)
Discussants:
Michael A. Arnold, University of Delaware (arnoldm@be.udel.edu)
Jeffrey P. Cohen, University of Hartford (jcohen@mail.hartford.edu)
Carlos G. Scartascini, George Mason University (cscartas@gmu.edu)
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[91] URBANOMICS AND GROWTH
Session Chair: Neal E. Duffy, SUNY College at Plattsburgh (neal.duffy@plattsburgh.edu)
Property Taxes and Urban Form
Stephen J.K. Walters, Loyola College in Maryland (swalters@loyola.edu)
Persistence and Stability in City Growth
Shalini Sharma, Syracuse University (shsharma@maxwell.syr.edu)
Discussants:
Paul R. Hancock, Green Mountain College (hancockp@greenmtn.edu)
Donald A. Coffin, Indiana University Northwest (dcoffin@iun.edu)
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[92] MARKET COMPETITION, PROFITABILITY, AND REGULATION
Session Chair: E. Yong Lee, Concordia College (eyl@concordia.ny.edu)
Profitability and Internet Content Companies
David A. Dilts, Indiana-Purdue University-Fort Wayne
The E-Commerce Race of Japan and Korea
John W. Clarry, College of New Jersey and E. Yong Lee, Concordia College
(eyl@concordia.ny.edu)
Factors Influencing Small Manufacturing Firms to Overcomply with Environmental
Regulations
Maureen L. Sirois, University of New Hampshire (mlsirois@cisunix.unh.edu)
A Search for Computer-based Industry Transformation: Numerical
Control Technology and Piore and Sabel's 'Flexible Specialization' Hypothesis
Nathan T. Musick, Congressional Budget Office (nathanm@cbo.gov)
Discussants:
Maureen L. Sirois, University of New Hampshire (mlsirois@cisunix.unh.edu)
Shimshon Kinory, New Jersey City University (skinory@njcu.edu)
Donald L. Basch, Simmons College (donald.basch@simmons.edu)
David N. Reps, Pace University (dreps@fsmail.pace.edu)
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[93] FOREIGN DIRECT INVESTMENT
Session Chair: Venkareddy Chennareddy, U.S. General Accounting
Office (venkareddyc@peoplepc.com)
FDI and Economic Growth: The Role of the Local Financial Markets
Laura Alfaro, Harvard Business School; Areendam Chanda, Brown University;
Sebnem Kalemli-Ozcan, University of Houston and Selin Sayek, Bentley College
(ssayek@bentley.edu)
Standardizing the Measure of Foreign Direct Investment Flows to Developing
Countries: An Essay
John R. Dilyard, St. Francis College (john.dilyard@prodigy.net)
Foreign Direct Investment in Chile: An Empirical Analysis
Miguel D. Ramirez, Trinity College (ramirez@mail.trinity.edu)
Discussants:
Vinod V. Sharma, Ohio State University (sharma.3@osu.edu)
Miguel D. Ramirez, Trinity College (ramirez@mail.trinity.edu)
Venkareddy Chennareddy, U.S. General Accounting Office (venkareddyc@peoplepc.com)
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[94] STUDIES OF THE JAPANESE ECONOMY
Session Chair: Baban Hasnat, SUNY Brockport (bhasnat@brockport.edu)
Recent Developments in Japanese Monetary Policy
Ramzi Frangul (frangulr@sacredheart.edu) and Ralph Lim, Sacred Heart
University
Did Monetary Policy Cause Japan's Problems
Matthew C. Rafferty, Quinnipiac University (matthew.rafferty@quinnipiac.edu)
Discussants:
Baban Hasnat, SUNY Brockport (bhasnat@brockport.edu)
Kevin M. Coughlin, Fordham University (kcoughlin98@hotmail.com)
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[95] EMPIRICAL WORK IN POST KEYNESIAN ECONOMICS: Session II
Session Organizers and Chairs: Richard Holt, Southern Oregon University
(rholt@sou.edu) and Steve Pressman, Monmouth University (pressman@mondec.monmouth.edu)
Keynes's Law and Its Critics
David Bunting, Eastern Washington University (dbunting@ewu.edu)
Keynesian Uncertainty and Non-Quantitative Empirical Methods
Sven Larson, Roskilde University (larson@ruc.dk)
A Kaleckian Approach to the Macroeconomic and Regional Effects of National
and Local Taxation: Some Empirical Considerations
Anthony Laramie, (alaramie@merrimack.edu) Merrimack College and Douglas
Mair, Heriot-Watt University (d.mair@hw.ac.uk)
The Effect of Distribution on Accumulation, Capacity Utilization and
Employment: Testing the Wage-led Hypothesis for Turkey
Ozlem Onaran, Istanbul Technical University (oonaran@itu.edu.tr) and
Engelbert Stockhammer, Vienna University (engelbert.stockhammer@wu-wien.ac.at)
Discussants:
Richard Holt, Southern Oregon University (rholt@sou.edu)
Michelle Baddeley, Cambridge University (mb150@cus.cam.ac.uk)
Ronald Calitri (calitrir@earthlink.net)
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[96] TOPICS IN FORENSIC ECONOMICS II
Session 2 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
Statistical Testing for Employment Discrimination
Harriet Zellner, Integral Research Inc.
The Effects of Job Displacement on Post-displacement Earnings
Thomas N. Daymont, Temple University
Estimating the Validity of Income Statement & Balance Sheets
Tom Clevenger and W. Gary Baker, Washburn University
Discussants:
Lawrence M. Spizman, SUNY/Oswego
Allan S. McCausland, McCausland Economic Associates
Jeroen Walstra, Cohen & Wastra
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[97] INTERNATIONAL WORKING GROUP ON VALUE THEORY
Session 4: Theories of Money and Value I
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: Edith Klimovsky, Universidad Autonoma Metropolitana
(ekb@hp9000al.uam.mx)
Marx’s Critique of (Ricardian) Political Economy, the Quantity Theory
of Money and Credit Money
John Milios, National Technical University of Athens, Greece (jmilios@hol.gr)
The De Facto Standard of Price and the Cost Price of Gold: Estimating
the Depreciation Rate of the Dollar
Akira Matsumoto, EHIME University, Japan (amatsu@ll.ehime-u.ac.jp)
Discussant:
Claus Magno Germer, Universidade Federal do Parana (cmgermer@sociais.ufpr.br)
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