Saturday 9am

Sessions, Saturday, February 24, 11:00 am

[120] INTERNATIONAL FINANCIAL ISSUES II (JEL Code F)
Session Organizer & Chair: Theologos Homer Bonitsis, New Jersey Institute of Technology (bonitsis@adm.njit.edu)

The Role of FDI in High, Medium and Low Income Countries During 1970-2004: Empirical Tests and Evidence

David Stewart, Winston-Salem State University (stewartd@wssu.edu); Mak Khojasteh, Winston-Salem State University (khojastehm@wssu.edu); and Krishna Kasibhatla, North Carolina A&T State University (kmkasibh@ncat.edu)

Foreign Remittances and Economic Growth

Luis E. Rivera-Solis, Dowling College (riveral@dowling.edu)

Financing Health Care Services: An International Comparison

Elias Grivoyannis, Yeshiva University (grivoyan@yu.edu)

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[121] AGENT BASED ECONOMICS: MACROECONOMICS

(Second of Four Sessions Organized by the NYC Computational Economics & Complexity Workshop)

Session Chair and Organizer: Jason Barr, Rutgers University, Newark

Business Fluctuations in an Evolving Economy

Mauro Gallegati , Universita Politecnic Marche ( gallegati@dea.unian.it ); Domenico Delli Gatti , Universita Cattolica, Milan, Italy; Bruce Greenwald, Columbia University; and JosephStiglitz, Columbia University

Learning Benevolent Leadership in a Heterogeneous Agents Economy

Olena Kostyshyna , Simon Frasier University (okostysh@sfu.ca ); Jasmina Arifovic, Simon Fraser University; Herbert Dawid, University of Bielefeld; and Christophe Deissenberg, University of Aix-Marseille II

Debt Financing and Emergent Dynamics of a Financial Fitness Landscape

Gilberto Tadeu Lima , University of Sao Paulo (giltadeu@usp.br); and Gustavo Gomes de Freitas, Univeristy of Sao Paulo

Discussants:

Duncan Foley , New School University

Vahidin Jeleskovic, University of Giessen

Leanne Ussher , Queens College, CUNY

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[122] THREE TALES OF TWO SEXES WITH ONE PROBLEM: GLOBALIZATION

Session Organizer and Chair: Ebru Kongar, Dickinson College (kongare@dickinson.edu)

The Feminist Debate on Labor Standards and International Trade: Lessons from Cambodia and Bangladesh

Yana van der Meulen Rodgers, Rutgers University and Gunseli Berik, University of Utah (berik@economics.utah.edu)

Gender, Distribution, and Balance of Payments Constrained Growth in Developing Countries

Stephanie Seguino, University of Vermont (Stephanie.Seguino@uvm.edu)

The Growth of the Service Sector and the Trends in the U.S. Gender Wage Gap, 1980-1999

Ebru Kongar, Dickinson College (kongare@dickinson.edu)

Discussants:

Yana van der Meulen Rodgers, Rutgers University

Gunseli Berik, University of Utah (berik@economics.utah.edu)
Stephanie Seguino, University of Vermont (Stephanie.Seguino@uvm.edu)

Ebru Kongar, Dickinson College (kongare@dickinson.edu)
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[123] ROUNDTABLE ON SOCIALISM AFTER HAYEK BY TED BURCZAK

Session Organizer and Chair: Andrew Farrant, Dickinson College (farranta@dickinson.edu)

Discussants:

Edward McPhail, Dickinson College (mcphail@dickinson.edu)Edward McPhail
M. Ali Khan, Johns Hopkins University (akhan@jhu.edu)

David M. Levy, George Mason University (davidmlevy@aol.com)

Sandra J. Peart, Baldwin-Wallace College
Ted Burczak, Denison University (burczak@denison.edu)
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[124] CENTRAL BANKING AND THE BUSINESS CYCLE

Session Organizer: Julie K. Smith, Lafayette College (smithjk@lafayette.edu) and Roisin O’Sullivan, Smith College (rosulliv@email.smith.edu)

Session Chair: Julie K. Smith, Lafayette College (smithjk@lafayette.edu)

Central Bank Transparency in Perspective: Where Do Markets Benefit Most? An Empirical Look at Central Banks in Developed and Developing Countries

Marc Tomljanovich, Drew University (mtomljan@drew.edu) and Alex Murdzhev, Colgate University

Monopolistic Competition and Stock Market Valuation over the Business Cycle

Sami Alpanda, Amherst College (salpanda@amherst.edu)

The Revision Process for Greenbook Forecasts

Michael S. Hanson, Wesleyan University (mshanson@wesleyan.edu)

Central Bank Preferences and the Political Environment in the U.S. Great Inflation Charles Weise, Gettysburg College (cweise@gettysburg.edu)

Discussants:

Julie K. Smith, Lafayette College (smithjk@lafayette.edu)

Mariana Colacelli, Barnard College (mcolacelli@barnard.edu)

Roisin O’Sullivan, Smith College (rosulliv@email.smith.edu)

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[125] GREAT IDEAS FOR TEACHING MICRO (JEL Code A)

Session Chair: Fred J. Ruppel, Eastern Kentucky University (fred.ruppel@eku.edu)

Patents and R&D: A Classroom Experiment

Amy McCormick-Diduch, Mary Baldwin College (adiduch@mbc.edu)

Gasoline: An Intermediate Micro Approach

George D. Brower, Moravian College (browerg@moravian.edu)

Rethinking Cost Curves

Fred J. Ruppel, Eastern Kentucky University (fred.ruppel@eku.edu)

Discussants:

George D. Brower, Moravian College (brower@moravian.edu)

Fred J. Ruppel, Eastern Kentucky University (fred.ruppel@eku.edu)

Amy McCormick-Diduch, Mary Baldwin College (adiduch@mbc.edu)

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[126] CAPITAL FLOWS AND FINANCIAL CRISES (JEL Code F)

Session Chair: Wei Sun, Grand Valley State University (sunw@gusu.edu)

Financial Liberalization, Capital Flow Volatility and Private Investment in Developing Countries

Firat Demir, University of Oklahoma (fdemir@ou.edu)

Can Money Demand Be Stable Under a Financial Crisis? Evidence from Korea

Jae-Kwang Hwang, Virginia State University (jhwang@vsu.edu)

Sudden Stops, Banking Crises and Investment Collapses in Emerging Markets

Joseph P. Joyce, Wellesley College (jjoyce@wellesley.edu) and Malhar Nabar, Wellesley College

An Analysis of Capital Flight in Turkey

Yasemin Yalta, Fordham University (yyalta@gmail.com)

Discussants:

Jae-Kwang Hwang, Virginia State University (jhwang@vsu.edu)

Shamila A. Jayasuriya, Ohio University (jayasuri@ohio.edu)

Yasemin Yalta, Fordham University (yyalta@gmail.com)

Wei Sun, Grand Valley State University (sunw@gusu.edu)

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[127] SOCIAL SECURITY AND MEDICARE (JEL Code I)

Session Chair: D. Patrick Redmon, Xavier University (Redmond@xavier.edu)

The Impact of the Old Age Assistance Program on the Mortality Rates of the Elderly

Nicolae Adrian Stoian, University of Arizona (nstoian@email.arizona.edu) and PriceFishback, University of Arizona, NBER, TIAA-CREF

The Effects of Private Insurance on Medical Expenditures Before and After Entering Medicare: Evidence From the Longitudinal Study of Health and Retirement Study

Song Gao (sgao@ic.sunysb.edu) and Partha Bhattacharyya, Stony Brook University (pbhattac@ic.sunysb.edu)

Which Relative Weights are Best?

D. Patrick Redmon, Xavier University (Redmond@xavier.edu)

State Medicare and Medicaid Expenditures: Effects of Obesity, Demographics and Welfare Caseloads

Anusua Datta, Philadelphia University (DattaA@philau.edu) and Donald Vandegrift, The College of New Jersey

Discussants:

Partha Bhattacharyya, Stony Brook University (pbhattac@ic.sunysb.edu)

D. Patrick Redmon, Xavier University (Redmond@xavier.edu)

Anusua Datta, Philadelphia University (DattaA@philau.edu)

Nicolae Adrian Stoian, University of Arizona (nstoain@email.arizona.edu)

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[128] INTERNATIONAL COMPARISONS (JEL Code J)

Session Chair: Michael Bonnal, The University of Alabama (mbonnal@cba.ua.edu)

Do Dragons Have Better Fate? Revisited Using the U.S. Data

We-Chiao Huang, Western Michigan University(huang@wmich.edu)and Dawit Senbet , Western Michigan University

Trade Performance and Labor Standards: A Dynamic Panel Data Approach

Michael Bonnal, The University of Alabama (mbonnal@cba.ua.edu)

A Cross-National Comparison of the Employment for Workers with Limitations: The United States and Germany

Na Yin, Stony Brook University (nayinvikki@yahho.com)

Discussants:

Sanae Tashiro, Rowan University (tashiro@rowan.edu)

Thomas D. Scheiding, St. Louis University (tscheidi@slu.edu)

We-Chiao Huang, Western Michigan University(huang@wmich.edu)

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[129] GENDER IN THE LABOR MARKET (JEL Code J)

Session Chair: Javed Ashraf, University of St. Thomas (ashrafj@stthom.edu)

Occupational Sex Segregation and Wage Gap Revisited

Fahima Aziz, Hamline University (faziz@gw.hamline.edu) and Kari Weirauch, Hamline University

A Regional Analysis of Occupational Segregation by Sex: What the Gender Concentration Quotient Says About Women and Work

Ann Mari May, Middlebury College (annmari@middlebury.edu) and Scott Fuess, University of Nebraska-Lincoln ()

Revisiting the Impact of Gender on Faculty Salaries

Javed Ashraf, University of St. Thomas (ashrafj@stthom.edu) and Recai Aydin, Stephen F. Austin State University

Discussants:

Elissa Braunstein, Colorado State University (elissabraunstein@colostate.edu)

Miranda A. Moore, Stony Brook University (Miranda_a_Moore@yahoo.com)

Anna Nesterenko, Stony Brook University (anestere@ic.sunysb.edu)

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[130] INTERNATIONAL REMITTANCES: MARKET STRUCTURE, ESTIMATION, AND INSTITUTIONAL DEVELOPMENT (JEL Code F)

Session Organizer: Plamen Nikolov, New York State Banking Department and Fordham University

Session Chair: Katherine Wyatt, New York State Banking Department

International Remittances: Information on Products, Costs, and Customer Disclosures

Yvonne Jones, Government Accountability Office; Barbara Keller, Government Accountability Office; Jose Pena, Government Accountability Office; Bruce Kutnick, Government Accountability Office; Rachel Seid, Government Accountability Office; Teresa Lo, Government Accountability Office; La Keisha Allen, Government Accountability Office; and Gezahegne Bekele, Government Accountability Office

Results from a Survey of New York State Licensed Money Transmitters

Plamen Nikolov, New York State Banking Department and Fordham University

Remittances and Institutions in Latin America

Lenora Suki, Earth Institute at Columbia University

International Remittances: Different Estimation Methodologies Produce Different Results

Bruce Kutnick, Government Accountability Office; Barbara Keller, Government Accountability Office; Jose Pena, Government Accountability Office; Gezahegne Bekele, Government Accountability Office; James McDermott, Government Accountability Office; and Yvonne Jones, Government Accountability Office

Discussants:

Steven Kirchgraber, New York State Banking Department

Milena Gomez, Columbia University

Gezahegne Bekele, Government Accountability Office

Liu Liu, Fordham University

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[131] FINANCIAL MARKETS: ANALYSES OF PORTFOLIOS (JEL Code G)

Session Chair: Rita L. D’Ecclesia, Universita di Roma “La Sapienza” (rita.decclesia@uniroma1.it)

Utility Comparison between Security Selectors, Asset Allocators and Equally Weighted Portfolios Within a Selected ETF Universe

Michael T. Tucker, Fairfield University (mtucker@mail.fairfield.edu) and WalterHlawitschka, Fairfield University (wfh@mail.fairfield.edu)

The Opportunity Cost of Holding a “Naïve” Portfolio

Alice A. Melkumian, Western Illinois University (aa-melkumina@wiu.edu)

Economic Integration and the International Portfolio Diversification Effect

James N. Marshall, Muhlenberg College (marshall5695@enter.net)

The Incompatibility of Diversification with Expected Utility Theory and its Standard Rank Dependent Extensions Under Any Market Structure: the Need for SKAT, the Stages of Knowledge Ahead Theory

Robin Pope, Bonn University (Robin.Pope@uni-bonn.de)

Discussion among participants.

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[132] HOUSING VALUES IN SUBURBAN AREAS (JEL Code R)

Session Chair: Dal O. Didia, Jackson State University (dal.o.didia@jsums.edu)

Group Homes and Property Values

Nicolas Sanchez, Holy Cross College (nsanchez@holycross.edu) and Kevin Beglane, Holy Cross College

Can the Creation of Market-Rate Housing Stem Urban to Suburban Migration?

Roy DeBerry, Jackson State University and Dal O. Didia, Jackson State University (dal.o.didia@jsums.edu)

Health, Ambient Exercise, and Urban Sprawl

Thomas K. Tiemann, Elon University (tiemann@elon.edu); Erika Lamanna, Elon University; Paul Miller, Elon University; and Nolan Wildfire, Elon University

Discussants:

Thomas K. Tiemann, Elon University (tiemann@elon.edu)

Laudo M. Ogura, Grand Valley State University (ogural@gvsu.edu)

Dal O. Didia, Jackson State University (dal.o.didia@jsums.edu)

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[133] HEALTH AND TAXES (JEL Code I)

Session Chair: Pierre Kopp, Matisse- University Paris 1 Pantheon-Sorbonne, France (pkopp@univ-paris1.fr)

Death and Taxes: The Impact of Progressive Taxation on Health

Anca Cotet, Clemson University, (acotet@clemson.edu)

Do Children Benefit From Increasing Cigarette Taxes? Accounting For the Endogeneity of Lung Health and Environmental Tobacco Smoke Exposure

James M. Williamson, U.S Environmental Protection Agency (Williamson.james@epa.gov)

Alcohol-Tobacco Tax Policies, Households Spending and Mortality: a Microsimulation Analysis on French Data

Pierre Kopp, Matisse- University Paris 1 Pantheon-Sorbonne, France (pkopp@univ-paris1.fr); Thierry Laurent, EPEE, Université Paris-Evry; and NicolasRuiz, THEMA, Université de Cergy-Pontoise

Discussants:

Pierre Kopp, Matisse- University Paris 1 Pantheon-Sorbonne, France (pkopp@univ-paris1.fr)

Anca Cotet, Clemson University, (acotet@clemson.edu)

Freddy Siahaan, Shippensburg University (fsiahaan@ship.edu)

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[134] EVOLUTIONARY ECONOMICS: PAST AND FUTURE (JEL Code B) Session Chair: Clair Morris, U.S. Naval Academy (morris@usna.edu)

Biology and Economics

William T. Ganley, Buffalo State College (ganleywt@adelphia.net)

Evolutionary Economics: Recent Trends and a Proposal

Roger McCain, Drexel University (mccainra@drexel.edu)

Evolutionary Psychology, Gender and Risk Taking

Alexandra Bernasek, Colorado State University (alexandra.bernasek@colostate.edu) and Steve Pressman, Monmouth University

Discussants:

Inas Rashad, Georgia State University (irashad@gsu.edu)

Alexandra Bernasek, Colorado State University (alexandra.bernasek@colostate.edu)

Mathew B. Bradbury, University of Utah (mbradbury@gc.cuny.edu)

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[135] AFRICA: HUMAN AND NATURAL RESOURCES (JEL Code O)

Session Chair: Melaku Lakew, Richard Stockton College (Melaku.Laken@stockton.edu)

Natural Resources and Violent Conflict: A Case Study of Diamonds and War in Sierra Leone

K. Maeve Powlick, Skidmore College and UMass Amherst (mpowlick@skidmore.edu)

Shifting Cultivation and Deforestation: The Impacts of Population Growth and Crop Commercialization in Cameroon

Amy Ickowitz , Clark University (aickowitz@clarku.edu)

Immigration for Economic Growth: United State and South Africa in Comparative Prospective

Melaku Lakew, Richard Stockton College (Melaku.Laken@stockton.edu)

Discussants:

Melaku Lakew, Richard Stockton College (Melaku.Laken@stockton.edu)

K. Maeve Powlick, Skidmore College and UMass Amherst (mpowlick@skidmore.edu)

Oscar T. Brookins, Northeastern University (o.brookins@neu.edu)

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[136 ] IPE SESSION

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[137] FORENSIC ECONOMICS AND THE LAW

Third of Four Sessions Sponsored by NAFE

Session Organizers: Lawrence Spizman, SUNY/Oswego (spizman@oswego.edu) and

Marc A. Weinstein, Team Economics, LLC (mweinstein@teameconomics.com)

Session Chair: Robert Thornton, Lehigh University (rjt1@Lehigh.EDU)

Tips for Success as an Expert Witness

Patrick W. Fitzgerald, Oklahoma City University (angus_prof@yahoo.com)

and Kevin S. Marshall, La Verne College of Law - La Verne University (kmarshall@ulv.edu)

What’s Going On with Punitive In Light of Philip Morris USA v. Williams?

Patrick W. Fitzgerald, Oklahoma City University (angus_prof@yahoo.com)

and Kevin S. Marshall, La Verne College of Law - La Verne University (kmarshall@ulv.edu)

Assessing Economic Damages in Personal Injury and Wrongful Death Litigation: The Commonwealth of Massachusetts

David Schap, College of the Holy Cross (dschap@holycross.edu)

Session Discussants:

Robert P. Wolf (drwolf2@comcast.net)

Matt McCabe, Wells College (mmccabe@wells.edu)

Martin E. Duffy, The Perseus Group (mduffy@perseusgroup.net)

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[138] ISSUES IN ECONOMIC POLICY, FINANCE AND STRUCTURAL CHANGE IN LATIN AMERICA AND THE CARIBBEAN: PART II
Session Organizers: Jamee K. Moudud, Sarah Lawrence College ( jmoudud@slc.edu); Esteban Perez Caldentey, Economic Commission for Latin America and the Caribbean, ECLAC (eperez@eclacpos.org); and Enrique Delamonica, United Nations Children’s Fund, UNICEF (edelamonica@unicef.org)

Session Chair: Michael Hendrickson, United Nations Economic Commission for Latin America and the Caribbean (ECLAC)

Theories of Capital Utilization and Competition: Some Insights from Marx, Harrod, and the Oxford Economists’ Research Group

Jamee K. Moudud, Sarah Lawrence College ( jmoudud@slc.edu)

Is There a Long Wave in Corporate Profits?

John Sarich, New York City Department of Finance, Office of Tax Policy

Social Factors in Economic Growth

Oliver Paddison, United Nations Economic Commission for Latin America and the Caribbean (ECLAC)

Fiscal Policy and Child Well-being : Some Methodological and Empirical Observations

Enrique Delamonica, United Nations Children’s Fund (UNICEF).

Discussion among participants.

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USBIG Session 6: The Politics of Basic Income, Part II (JEL Codes H, I)

Session Organizer: USBIG Network

Session Moderator: Michael Howard, The University of Maine (Michael_Howard@umit.maine.edu)

The Rise and Fall of a Basic Income Guarantee bill in the U.S. Congress

Al Sheahen , author (alsheahen@prodigy.net)

Happy Workers, Welfare Queens and Surfers: Images in the Debate Around a Guaranteed Income

Buford Farris, St. Louis University (farrisbe@earthlink.net)

A Peaceful, Positive Revolution: The Campaign for a Basic Income

Steve Shafarman , Citizen Policies Institute (steve@citizenpolicies.org) Discussants:

Richard Caputo, Yeshiva University (Caputo@ymail.yu.edu)

Nadine Schenk, University of Amsterdam (nadineschenk@gmail.com)

Sean Healy, Council of the Religious of Ireland (sean.healy@cori.ie)

Brigid Reynolds, Council of the Religious of Ireland (brigid.reynolds@cori.ie)