Saturday 9am

Sessions, Saturday, February 24, 9:00 am

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

Pass-Through of Exchange Rate and Tariffs into Import Prices of India: Currency Depreciation versus Import Liberalisation

Sushanta Mallick , Queen Mary, University of London, UK (s.k.mallick@qmul.ac.uk) and Helena Marques, Loughborough University, UK ( H.I.Marques@lboro.ac.uk )

Interdependence and Repercussion Effect between U.S. and EU

Ioannis N. Kallianiotis, University of Scranton (jnk353@Scranton.edu) and Iordanis Petsas, University of Scranton (iordanis.petsas@scranton.edu)

Speculation, Uncertainty, Financial Assets Expected Return and Risk, and Exchange Rate Determination

Ioannis N. Kallianiotis, University of Scranton (jnk353@Scranton.edu) and Karen Bianchi, Prudential Securities (karen.bianchi@prudential.com)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[101] AGENT-BASED ECONOMICS: LABOR MARKETS AND INDUSTRIAL ORGANIZATION (First of Four Sessions Organized by the NYC Computational Economics & Complexity Workshop)

Session Organizer: Troy Tassier, Fordham University ( tassier@fordham.edu)

Session Chair: Jason Barr, Rutgers University, Newark

Referral Hiring and Gender Segregation in the Workplace

Troy Tassier , Fordham University ( tassier@fordham.edu)

Tuning for Endogenous Inequality: An Agent-Based Approach to Transformational Growth

Stephen Kinsella , University of Limerick (stephen.kinsella@ul.ie) and Edward J. Nell, New School University

Non-Equilibrium Industry Dynamics with Knowledge-Based Competition: An Agent-Based Computational Model

Myong-Hun Chang , Cleveland State University (m.chang@csuohio.edu)

Discussants:

Olena Kostyshyna , Simon Frasier University

Simone Giansante, University of Essex

Jason Barr, Rutgers University, Newark

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[102] BENJAMIN GRAHAM'S INTERNATIONAL COMMODITY RESERVE CURRENCY

Session Organizer and Chair: Leanne Ussher, Queens College, CUNY (Leanne.Ussher@qc.cuny.edu)

The Monetary Economics of Benjamin Graham

Perry Mehrling , Barnard College, Columbia University (pgm10@columbia.edu)

Reforming the International Monetary System

Jane D’Arista , Financial Markets Center ( jane.darista@snet.net)

Currency Regimes and Currency Crises: What about Cocoa Money?

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

Discussants:

Perry Mehrling , Barnard University (pgm10@columbia.edu)

Jane D’Arista , Financial Markets Center ( jane.darista@snet.net)

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

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[103] ROUNDTABLE ON VANITY OF THE PHILOSOPHER BY SANDRA J. PEART AND DAVID M. LEVY

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

Discussants:

Edward McPhail, Dickinson College (mcphail@dickinson.edu)
David Colander, Middlebury College (colander@middlebury.edu)
Bradley W. Bateman, Grinnell College (BATEMAN@Grinnell.EDU)

M. Ali Khan, Johns Hopkins University (akhan@jhu.edu)

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

Sandra J. Peart, Baldwin-Wallace College

David Warsh, http://www.economicprincipals.com (warsh@comcast.net)
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[104] THE THEORETICAL FRAMEWORKS UNDERPINNING THE MODELS OF THE MAJOR CENTRAL BANKS: ARE THERE COMMON THEMES?

Session Organizer: Philip Arestis, University of Cambridge

Session Chair: Giuseppe Fontana, University of Leeds

Philip Arestis, University of Cambridge

Giuseppe Fontana , University of Leeds

Malcolm Sawyer, University of Leeds

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[105] IS EVERYBODY HAPPY? POWER, DISTRIBUTION, AND POLICY

(JEL Code A)

Session Chair: Amrik Singh Dua, Mt. San Antonio College (adua@mtsac.edu)

Social Attitudes and Public Policy

Amos Witztum, London Metropolitan University (a.witztum@londonmet.ac.uk)

Understanding the Inequality of Happiness

Tomi Ovaska, University of Regina and Ryo Takashima, Washington and Jefferson College (RTakashima@washjeff.edu)

Discussants:

Kevin Simmons, Austin College (ksimmons@austincollege.edu)

Amrik Singh Dua, Mt. San Antonio College (adua@mtsac.edu)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[106] FOREIGN DIRECT INVESTMENT (JEL Code F)

Session Chair: Cornelis A. Los, EMEPS Associates, Inc. (cal149@columbia.edu)

A Panel Study of Foreign Direct Investment and Trade

Raymond MacDermott, Virginia Military Institute, (macdermottrj@vmi.edu)

Acquisition and Merger FDI, relative Wealth and Relative Access to Bank Credit: Evidence from a Bivariate Zero-Inflated Count Model

Woon-Yee Ho, Nanyang Technological University (ewyho@ntu.edu.sg); Peiming Wang, Nanyang Technological University; and Joseph D. Alba, Nanyang Technological University

Investment Under Liberalization: Channels of Uncertainty and Liquidity

Armagan Gezici, University of Massachusetts, Amherst (Armagan@econs.umass.edu)

Discussants:

Cornelis A. Los, EMEPS Associates, Inc. (cal149@columbia.edu)

Armagan Gezici, University of Massachusetts, Amherst (Armagan@econs.umass.edu)

Raymond MacDermott, Virginia Military Institute, (macdermottrj@vmi.edu)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[107] CONSUMER BEHAVIOR AND HEALTH SERVICES DEMAND

(JEL Code I)

Session Chair: Hai Fang, University of California (haifang@ucdavis.edu)

The Impact of Consumer Health Information on the Demand for Health Services

Hong Liu, Stony Brook University (hliu@ic.sunysb.edu)

Pharmaceutical Products Pricing Strategy: An Examination of NSAIDs and Antidepressants

Jie Chen, SUNY-Stony Brook (jiechen@ic.sunysb.edu)

Drug Advertising and Health Habits

Toshiaki Iizuka, Aoyama Gakuin University (toshi.iizuka@gmail.com) and Ginger Jin, University of Maryland

Discussants:

Hai Fang, University of California (haifang@ucdavis.edu)

Hong Liu, Stony Brook University (hliu@ic.sunysb.edu)

Jie Chen, SUNY-Stony Brook (jiechen@ic.sunysb.edu)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[108] FAMILY VALUES, FERTILITY, AND LABOR SUPPLY (JEL Code J) Session Chair: Sanae Tashiro, Rowan University ( tashiro@rowan.edu)

The Effect of Delaying First Childbirth on Retirement Decisions

Lynn Gottschalk, Federal Trade Commission (lgottschalk@ftc.gov)

God and Family Values: Relationships among Religion, Faith, Fertility Rates and Family Structure

Thomas Bishop, California State University, Channel Islands and Sanae Tashiro, Rowan University ( tashiro@rowan.edu)

Dynamic Female Labor Supply and the Role of Fertility Shocks

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

Childcare Institutions: Insight from Conversations about Childcare in Larimer County, Colorado

Paula Cole, Hobart and Williams Smith College (cole@hws.edu)

Discussion among participants.

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[109] LABOR MARKET STUDIES (JEL Code J)

Session Chair: Lisa M. Dickson, University of Maryland Baltimore County (ldickson@umbc.edu)

New Injury, Same Worker! A Study of the Factors Explaining Recurrent Occupational Injuries

Monica Galizzi, University of Massachusetts Lowell (monica_galizzi@uml.edu)

Sketchy Employment History and Labor Market Outcomes

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

Decomposing the Wage Differential Experienced by Tied-Movers: The Experience of Civilian Husbands of Women in the Military

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

The Effects of Job Displacement on Immigrant Workers

Amy M. Kandilov, University of Michigan (agass@umich.edu) and Ivan T. Kandilov, North Carolina State University

Discussion among participants.

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[110] INDUSTRY STUDIES (JEL Code L)

Session Chair: Donald L. Basch, Simmons College (Donald.basch@simmons.edu)

Cable Industry: Is a Themed-Tier Service Always Optimal

Tuan Nguyen, Clark University (tuanguyen@clarku.edu)

Optimal Quality Choice of Proprietary Software Firms with FOSS Competition

Michael Johnson, Clark University (mjohnson@clarku.edu)

The Impact of AWS on the Structure of the Wireless Telephony Industry

Carol C. McDonough, University of Massachusetts Lowell (carolcm@comcast.net)

Discussants:

Carol C. McDonough, University of Massachusetts Lowell (carolcm@comcast.net)

Bala Veeramacheneni, State University of New York at Farmingdale (veeramb@farmingdale.edu)

Donald L. Basch, Simmons College (Donald.basch@simmons.edu)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[111] HUMAN CAPITAL, FINANCIAL CAPITAL, AND INEQUALITY

(JEL Code O)

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

Income Inequality and Educational Attainment Rates: The New York Story

James J. Jozefowicz, Indiana University of Pennsylvania (James.Jozefowicz@iup.edu) and Ali R. Cannoni, Indiana University of Pennsylvania

Remittances, Gender, and School Enrollment in Developing Countries

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

Competing Uses of Capital Surges: Reserve Accumulation versus Debt Amortization

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

Knowledge Stocks by Distance to Frontier: Linking Inequality to Growth

Kevin J. Bowman, Bloomsburg University of Pennsylvania (kbowma2@bloomu.edu)

Discussion among participants.

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[112] STATE AND REGIONAL ECONOMIC GROWTH (JEL Code R)

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

Prediction of Per Capita Income: A Regional Model

Christy Huebner Caridi, Marist College (Christy.caridi@marist.edu) and NicolasLombardi, Marist College

State Economic Policies and Employment: A 2002 Cross-Sectional Analysis

Mark S. Jelavich, Northwest Missouri State University (mjelav@nwmissouri.edu)

Do Traditional Economic Indicators Adequately Explain Growth Differences of Metropolitan Areas? The Case of Chicago and Cleveland

Veronica Z. Kalich, Baldwin Wallace College (vkalich@bw.edu)

Discussants:

TBA

Brian William Sloboda, Bureau of Transportation Statistics (brian.sloboda@dot.gov) Mark S. Jelavich, Northwest Missouri State University ( mjelav@nwmissouri.edu)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[113] ECONOMETRIC ANALYSES OF RESOURCE USE (JEL Code Q)

Session Chair: Akbar Marvasti, University of Southern Mississippi (akbar.marvasti@usm.edu)

Effect of Policies on Oil Leasing: A Random Parameter Logit Regression Analysis

Brett R. Gelso, U.S. Department of Interior (brett.gelso@mms.gov)

Valuing Acid Mine Drainage Remediation in West Virginia: A Hedonic Modeling Approach Incorporating Geographic Information Systems

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

An Econometric Analysis of Ocean Mineral Exploration Activities

Akbar Marvasti , University of Southern Mississippi (akbar.marvasti@usm.edu)

Discussants:

Akbar Marvasti , University of Southern Mississippi (akbar.marvasti@usm.edu)

Robert W. Turner, Colgate University (rturner@mail.colgate.edu)

Brett R. Gelso, U.S. Department of Interior (brett.gelso@mms.gov)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[114] CHILDREN’S HEALTH (JEL Code I)

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

Medium-Term Consequences of Low Birth Weight

Nabanita Datta Gupta, The Danish National Institute of Social Research (ndgupta@nber.org)

Determinants of Birth Outcomes in Texas

Kruti R. Dholakia, The University of Texas at Dallas (Kruti@utdallas.edu)

Multiple Output Child Health Production Functions

Mark D. Agee, Pennsylvania State University, Altoona (mda4@psv.edu)

Discussants:

Kruti R. Dholakia, The University of Texas at Dallas (Kruti@utdallas.edu)

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

TBA

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[115] STUDIES OF GROWTH, DEVELOPMENT AND POVERTY

(JEL Codes I, O)

Session Chair: Cecilia Winters, Manhattanville College (wintersc@mville.edu)

A Tale of Two Countries: Hysteretic Development in Haiti and the DR

Cecilia Winters, Manhattanville College (wintersc@mville.edu); RobertDerrell, Manhattanville College; and AnibelCuello, Manhattanville College

Poverty, Structural Adjustment Programs, and Human Rights

Mehmet Odekon, Skidmore College (modekon@skidmore.edu) and Riza Turmen, European Court of Human Rights

Globalization and Economic Growth: A Tale of Two Worlds

Christopher Tong, Westminster College (ctong@westminstercollege.edu) and Joshua Graehl, Westminster College

Multidimensional Poverty: An Alternative Measurement Approach for the United States?

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

Discussion among participants.

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[116] IPE SESSION

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[117] TOPICS IN FORENSIC ECONOMICS II

Second 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: Tony Riccardi (AHREconomist@aol.com)

Assessing Household Service Losses with Joint Survival Probabilities

Victor A. Matheson, College of the Holy Cross (vmatheso@holycross.edu)

and Robert A. Baade, Lake Forest College (baade@lakeforest.edu)

Self-Employment Among Older American Workers

Michael Giandrea, U.S. Bureau of Labor Statistics (giandrea.michael@bls.gov); KevinCahill, Analysis Group, Inc. ( kcahill@analysisgroup.com); and Joseph Quinn, Boston College (joseph.quinn@bc.edu)

The Effect of the Death of a Parent on the Future Earnings of a Minor Child (Using the National Longitudinal Survey of Youth Data)

JohnKane, SUNY/Oswego (kane@oswego.edu); RickGaskins, Gaskins Associates, PC (RRGaskins@aol.com); JamesRodgers, Professor Emeritus Penn State University (jdr@psu.edu); and Lawrence Spizman, SUNY/Oswego (spizman@oswego.edu)

Discussants:

Stephen B. Levinson, Levinson Consulting, LLC (levinsonsb@att.net)

Elias Grivoyannis, Yeshiva University (Eliasgriv@yahoo.com)

Garry Skoog, DePaul University and Legal Econometrics, Inc (gskoog@umich.edu)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

[118] ISSUES IN ECONOMIC POLICY, FINANCE AND STRUCTURAL CHANGE IN LATIN AMERICA AND THE CARIBBEAN: PART I
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: Edward J. Nell, New School University (NellE@newschool.edu)

Price Targeting, Exchange Rate and Structural Inflation: A Critical Assessment Of The New Monetary Consensus In Mexico

Ignacio Perrotini , UNAM, Mexico.

Industrial Change in Mexico, 1989-2004

Gabriel Mendoza-Pichardo , UNAM, Mexico

The Development of Financial Markets in the Caribbean: Issues and Implications for Smaller Economies

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

Measuring the Financial Gap for Caribbean Countries

Esteban Perez Caldentey, Economic Commission for Latin America and the Caribbean, ECLAC

Discussion among participants.

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

USBIG Session 5: The Politics of Basic Income, Part I (JEL Codes H, I)

Session Organizer: USBIG Network

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

The Death Knoll of BIG or BIG by Stealth: A Preliminary Assessment of BIG Political Viability around the Globe

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

Political Constraints to Implementing a Basic Income Grant in South Africa

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

Making Tax Credits Refundable: A Pathway to Basic Income in Ireland?

Sean Healy, Council of the Religious of Ireland (sean.healy@cori.ie) and Brigid Reynolds, Council of the Religious of Ireland (brigid.reynolds@cori.ie)

Discussants:

Al Sheahen , author (alsheahen@prodigy.net)

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

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