Sessions, Saturday, February 24, 2:00 pm

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[140] CAPITAL MARKET STUDIES (JEL Code G)
Session Organizer and Chair: Theologos Homer Bonitsis, New Jersey Institute of Technology ( bonitsis@adm.njit.edu)

Non-Linear Dynamics and Chaos: The Case of the Price Indicator at the Athens Stock Exchange

Mike P. Hanias, TEI of Chalkis, Greece (mhanias@teihal.gr); Panayiotis G. Curtis, TEI of Chalkis, Greece (pcurtis@teihal.gr); and John E. Thalassinos, TEI of Chalkis, Greece (thalassinos@altecnet.gr)

The Usefulness of Empirical Valuation Models: Some Results from the London Stock Exchange

Stella N. Spilioti, Athens University of Economics and Business, Athens, Greece (spilioti@aueb.gr) and George A. Karathanassis, Athens University of Economics and Business, Athens, Greece (gkarath@aueb.gr)

Are the Fiscal Policies of the States in the U.S. Pro-cyclical or Counter Cyclical?

Krishna Kasibhatla, North Carolina A&T State University (kmkasibh@ncat.edu) and

John A. Cole, North Carolina A&T State University (jacole@ncat.edu)

The Greek Capital Market: Caught in Between Poor Corporate Governance and Market Inefficiency

Eleftherios Thalassinos , University of Piraeus, Greece ( thalassi@unipi.gr); TheodorosKyriazidis, Bank of Greece; and John Thalassinos, TEI of Chalkis, Greece ( thalassinos@hotmail.com )

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[141] AGENT BASED ECONOMICS: SOCIAL NETWORKS

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

Session Organizer and Chair: Jason Barr, Rutgers University, Newark ( jmbarr@rutgers.edu)

Social Consequences of Commitment

Alan Isaac, American University (aisaac@american.edu)

Social Networks and Medium of Exchange

Simone Giansante, University of Essex (sgians@essex.ac.uk)

Segregation and Social Interaction

Jason Barr , Rutgers University, Newark (jmbarr@rutgers.edu)

Discussants:

Troy Tassier , Fordham University

Stephen Kinsella , University of Limerick

Myong-Hun Chang , Cleveland State University

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[142] TOPICS IN TRANSPORTATION ECONOMICS (JEL Codes: L, I)

Session Organizer and Chair: Peter D. Loeb, Rutgers University-Newark (ploeb@andromeda.rutgers.edu)

The Impact of BAC Laws and Cell Phones on Motor Vehicle Fatality Rates

Peter D. Loeb, Rutgers University-Newark (ploeb@andromeda.rutgers.edu); William A. Clarke, Bentley College (wclarke@bentley.edu); and Richard Anderson, New Jersey City University (randerson@njcu.edu)

Ports and Highway Infrastructure: an Analysis of Intra- and Inter-state Spillovers

Jeffrey Cohen, University of Hartford (professorjeffrey@gmail.com); and Kristen Monaco, California State University-Long Beach

Determinants of Motor Vehicle Fatalities: An International Analysis

Andrew M. Welki, John Carroll University (welki@jcu.edu); and Thomas J. Zlatoper, John Carroll University (zlatoper@jcu.edu)

Economic Importance of Transportation in the United States: Measuring Private Transportation

Brian William Sloboda, Bureau of Transportation Statistics (brian.sloboda@dot.gov) and David M. Chien, Bureau of Transportation Statistics

Discussion among participants.

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[143] PANEL ON SOCIALISM AFTER HAYEK BY TED BURCZAK

(Session Sponsored by URPE)

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

Panelists:
Rob Garnett, Texas Christian University (r.garnett@tcu.edu)
Fadhel Kaboub, Drew University (fkaboub@drew.edu)
Antonino G. Callari, Franklin and Marshall College (acallari@fandm.edu)
Ted Burczak, Denison University (burczak@denison.edu)
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[144] THE PROS AND CONS OF INFLATION TARGETING

Session Organizers: Tom Michl, Colgate University (Tmichl@mail.colgate.edu) and

Mark Setterfield, Trinity College (mark.setterfield@trincoll.edu)

Session Chair: Tom Michl, Colgate University (Tmichl@mail.colgate.edu)

Tinbergen Rules the Taylor Rule

Tom Michl, Colgate University (Tmichl@mail.colgate.edu)

Is Inflation Targeting the Enemy of Employment Targeting?

Mark Setterfield, Trinity College (mark.setterfield@trincoll.edu)

The Economics of Inflation Targeting

Tom Palley, Economics for Democratic and Open Societies (mail@thomaspalley.com)

Discussants:

Amitava Krishna Dutt, University of Notre Dame (adutt@nd.edu)

Malcolm Sawyer, Leeds University

Gerald Epstein, University of Massachusetts, Amherst (gepstein@econs.umass.edu)

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[145] HEALTH AND EDUCATION (JEL Code I)

Session Sponsored by CSWEP

Session Organizer and Chair: Ann Owen, Hamilton College (aowen@hamilton.edu)

The Academic Cost of Being Overweight: A National Longitudinal Study of American Middle School Seniors

Prathibha Joshi, Gordon College (pjoshi@gdn.edu) and Chirstian Nsiah, Black Hills State University

Women Under-Representation in Science and the Gender Pay Gap

Mo-Yin S. Tam, University of Illinois at Chicago (moyintam@uic.edu); Xin Xu, University of Illinois at Chicago; and Gilbert W. Bassett, Jr., University of Illinois at Chicago

Does Enhanced Health Insurance Coverage Induce Ex Ante Moral Hazard?

Pallavi Sai Seth, Boston College (sethpa@bc.edu)

College Quality and the Texas Top 10% Plan: Implications for Minority Students” Kalena E. Cortes, Syracuse University (kcortes@syracuse.edu)

Discussants:

Ann Owen, Hamilton College (aowen@hamilton.edu)

Melanie Guldi, Mt. Holyoke College(mguldi@mtholyoke.edu)

Shirley Johnson-Lans, Vassar College (sjlans@vassar.edu)

Randall Reback, Barnard College (rreback@barnard.edu)

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[146] STUDIES OF CURRICULUM AND ASSESSMENT (JEL Code A)

Session Chair: Laurence F. O’Connell, CUNY/Fordham (larryo@computer.net)

Economics and the Great Books Program

Dan L. Nuckols, Austin College (dnuckols@austincollege.edu)

Test-Taking: Does Speed Matter?

Armond A. Rossi, Frostburg State University (arossi@frostburg.edu)

Discussants:

Laurence F. O’Connell, CUNY/Fordham ( larryo@computer.net)

Saul Mekies, Kirkwood/University of Iowa (smekies@kirkwood.edu)

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[147] MEDICARE AND LONG TERM CARE (JEL Code I)

Session Chair: Dennis Heffley, University of Connecticut (dennis.heffley@uconn.edu)

Coding Improvement and Case Mix Growth

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

Air Pollution, Elderly Health, Socio-Economic Status, and Location: The Effect of Outdoor Air Quality on Medicare Beneficiaries in Two Massachusetts Cities

Matthew Sulzicki, University of New Hampshire (mrj4@unh.edu); Robert S. Woodward , University of New Hampshire; and Cameron P. Wake, University of New Hampshire

Asset Transfer in the Long Term Care Market

Monika Lopez-Anuarbe, University of Connecticut (monikauconn@yahoo.com) and Dennis Heffley, University of Connecticut (dennis.heffley@uconn.edu)

How Does Lifetime Investment of Health Affect Health Status When One Enters Medicare?

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

Discussion among participants.

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[148] STUDIES OF LABOR MARKETS: MINIMUM WAGES, UNIONS, AND CRIME (JEL Code J)

Session Chair: John J. Hisnanick, U.S. Census Bureau (john.j.hisnanick@census.gov)

Union Density and Real Wages in Construction Craft Workforce

Cihan Bilginsoy, University of Utah (bilginsoy@economics.utah.edu)

Crime Rates and Local Labor Market Opportunities in the United States 1995-2005

Rita M. Hansberry, Treasury Department, U.S. Government (ritahandsberry@ttb.gov)

Discussants:

Travis Barr, Long Island University (tavis.barr@LIU.edu)

Patrick L. O’Halloran, Monmouth University (pohallor@monmouth.edu)

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[149] ECONOMIC MIRACLES, NATURAL DISASTERS AND THE POOR

(JEL Codes I, O, P)

Session Chair: Udaya R. Wagle, Western Michigan University (udaya.wagle@wmich.edu)

Targeting and Evaluation of Urgent Rescheduling in Microfinance: Case Study from a Natural Disaster in Bangladesh

Masahiro Shoji, University of Tokyo (mshoji@clarku.edu)

Sources of Growth of OECD Countries: A Panel Data Investigation

Aamer Abu-Qarn, Ben-Gurion University of the Negev, (aamer@bgu.ac.il)

Conditions of the Poor in South Asia: Is the Picture Rosier Today?

Udaya R. Wagle, Western Michigan University (udaya.wagle@wmich.edu)

An Economic Relationship between Fertility and Longevity and Implications for Development

Eskander Alvi , Western Michigan Universityand Seife Dendir, Radford University ( sdendir@radford.edu)

Discussion among participants.

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[150] ECONOMETRIC APPROACH TO TRANSITION ECONOMIES EVALUATION (JEL Code P)

Session Chair: Assen S. Assenov, American University (assenov@american.edu)

Worlds of Low-Level Pragmatic T Central: Iso-systemism Among the Economy, Firm’s Management System, and the Stock Market

Victor Lux Tonn, Salve Regina University (jpmaple@aol.com)

SVAR Modeling of Exchange Market Pressure on Bulgarian Currency During the Pre-Currency Board Period

Assen S. Assenov, American University (assenov@american.edu)

The Role of Initial Conditions in the Link between Trade Policy and Trade Outcomes

Linda Kaltani, World Bank (lkaltani@worldbank.org)

Discussants:

Assen S. Assenov, American University (assenov@american.edu)

TBA

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[151] MACROECONOMIC QUESTIONS FOR THE UNITED STATES

(JEL Code E)

Session Chair: Donn R. Pescatrice, Iona College (dpescatrice@iona.edu)

Institutional Strength, Social Competition, and the Patterns of U.S. Social Outcomes

Natalia Smirnova, College of Mount Saint Vincent (natalia.smirnova@mountsaintvincent.edu) and Daniela Llea and Stephen Anderson, New York City Office of Management and Budget

Income Inequality, Trade, Capital and Education: A Long Run Relationship

Frederick L. Joutz, George Washington University (bmark@gwu.edu) and

Jeremy S. Schwartz, George Washington University (schwarjf@gwu.edu)

The Unlikely Unit Root in U.S. Real GDP

David O. Cushman, Westminster College (Cushmado@westminster.edu)

Wal-Mart and the Economy

Donn R. Pescatrice, Iona College (dpescatrice@iona.edu); Andrew W. Braunstein, Iona College; and Robert H. Jantzen, Iona College

Discussion among participants.

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[152]IDENTIFYING AND MEASURING THE ECONOMIC EFFECTS OF SCIENCE AND TECHNOLOGY (JEL Code )

Session Organizer and Chair: Steven Payson, Department of Commerce ( steven.payson@bea.gov)

Price as a Function of Genetic Variation: An Analysis of the Real Cost of Laboratory Mice Used in Biomedical Research

Michael Alexander Grawe, Cornell University ( mag68@cornell.edu) and Allison Mirkin, Columbia University ( asm2106@columbia.edu)

Determining a Value for the Electromagnetic Spectrum

Charlotte Anne Bond, US Department of Commerce (charlotteanne.bond@bea.gov)

The Economic Significance of Peer Review Systems in Federal Laboratories

Steven Payson, Department of Commerce ( steven.payson@bea.gov)

Additionality and Crowding-Out: Evidence from the Advanced Technology Program

Stephen Campbell , National Institute of Standards and Technology ( Stephen.Campbell@nist.gov)

Discussants:

David Selover, Old Dominion University ( dselover@odu.edu)

Adele Morris, U.S. Department of the Treasury ( adele.morris@do.treas.gov)

Stephen Campbell, National Institute for Standards and Technology ( Stephen.Campbell@nist.gov)

Felix Spinelli, U.S. Department of Agriculture ( felix.spinelli@wdc.usda.gov)

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[153] FINANCIAL MARKETS: INFORMATION AND MARKET EFFICIENCY (JEL Code G)

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

Open Market Operations and the Volatility of Bond Returns: Microstructure Evidence

Vladimir Sokolov, Higher School of Economics (vsokolov@hse.ru)

Fair Disclosure and Investor Asymmetric Awareness in Stock Markets

Zhen Liu, Stony Brook University, (zhelia@ic.sunsb.edu)

A Disaggregate Look at Stock Price Behavior in Malaysia and Thailand

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

Risk-Based Pricing and Market Efficiency in Mortgage Lending

Fan Wang, Stony Brook University (fwang2001@gmail.com)

Discussion among participants.

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[154] INDUSTRIAL IMPACTS OF INTERNATIONAL TRADE (JEL Code F)

Session Chair: Mariana Spatareanu, Rutgers University ( marianas@andromeda.rutgers.edu)

Transmitting Spillovers to Industries by International Trade

Maryanne Clifford, Eastern Connecticut State University (cliffordm@easternct.edu) and Robert Quinn, Northern Michigan University

Cross-Price Effects in the U.S. Trade Balance

Bornali Bhandari, Fitchburg State College (bbhandari@fsc.edu) and Stephen E. Haynes, University of Oregon

Does Access to Financing Promote Linkages with Multinationals?

Beata Javorcik, The World Bank and Mariana Spatareanu, Rutgers University (marianas@andromeda.rutgers.edu)

Discussants:

Mariana Spatareanu, Rutgers University ( marianas@andromeda.rutgers.edu)

Maryanne Clifford, Eastern Connecticut State University (cliffordm@easternct.edu)

Bornali Bhandari, Fitchburg State College (bbhandari@fsc.edu)

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[155] IMMIGRATION AND REMITTANCES (JEL Codes F, J)

Session Chair: Roger L. White, Franklin and Marshall College (roger.white@fandm.edu)

Cultural Distance and the Immigrant-Trade Link

Roger L. White, Franklin and Marshall College (roger.white@fandm.edu)

Criminality and Remittances: The Case of Columbia

Carlos Vargas-Silva, University of Vermont (carlos.vargas-silva.uvm.edu) and IsabelRuiz, Sam Houston State University

The Effects of Remittances on the Labor Force: Evidence from Mexico

Eduardo Oreggia Rodríguez, IIDSES Universidad Iberoamericana (Eduardo.rodriguez@uia.mx)

Discussants:

Carlos Vargas-Silva, University of Vermont (carlos.vargas-silva.uvm.edu)

Mark S. LeClair, Fairfield University (mleclair@mail.fairfield.edu)

Juan J. Molina, Fordham University (jmolina@crs.org)

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[156] IPE SESSION

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[157] FORENSIC ECONOMICS ROUNDTABLE DISCUSSION

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

The Usual Suspects: What You Do to Rebut Your Common Opponent: Examples of Actual Reports Presented By the Opposing Economic / Vocational Expert

Panelists:

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

Rick R. Gaskins, Gaskins Associates, PC (RRGaskins@aol.com)

Steven Shapiro, University of New Haven (sshapiro@newhaven.edu)

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[159] TOPICS IN HEALTH ECONOMICS I (JEL Code I)

Session Organizer and Chair: Kelly Noonan, Rider University and NBER (knoonan@rider.edu)

Health Insurance and Obesity: Results Using the Behavioral Risk Factor Surveillance System

The Spousal Effect of Obesity: An Analysis of Older Adults

Dietary Health of Children in WIC Participating Households

Medicaid Eligibility and Hospital Care for Mothers and Newborns

Discussants:

Susan Averett, Lafayette College ( Averetts@lafayette.edu)

Laura Argys, University of Colorado at Denver (laura.argys@cudenver.edu)

Nancy E. Reichman, University of Medicine and Dentistry of New Jersey (reichmne@umdnj.edu)

Dhaval Dave, Bentley  College and NBER ( ddave@bentley.edu)

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USBIG Session 7: Economic Issues of BIG(JEL Codes H, I)

Session Organizer: USBIG Network

Session Moderator: Kruti Dholakia, the University of Texas-Dallas ( kruti@utdallas.edu)

What Level? Insights into the Selection of a Basic Income Payment Level Using Deprivation Data and Implicit Poverty Lines

Micheál Collins, Institute of Public Administration, Dublin, Ireland (mlcollin@tcd.ie)

Universalism Promotes Development: Evidence from Southern Africa’s Social Transfers

Michael Samson, Williams College and the Economic Policy Research Institute, Cape Town, South Africa (Michael.Samson@Williams.edu) and Ingrid Van Niekerk, the Economic Policy Research Institute, Cape Town, South Africa (ivanniekerk@epri.org.za)

Can a Citizens Dividend Replace Welfare?

Jeff Smith, Forum on Geonomics (jjs@geonomics.org)