Saturday 9am

Sessions, Sunday, February 25, 11:00 am

[200] FINANCIAL MARKETS AND MONETARY POLICY

Session Organizer: Georgios Chortareas, University of Essex
Session Chair: Philip Arestis, University of Cambridge

Monetary Policy and Stock Market Dynamics across Monetary Regimes

Nikiforos T. Laopodis , Fairfield University

Monetary Policy and Stock Returns in the UK: Has Inflation Targeting Made a Difference?

Georgios Chortareas, University of Essex; John Nankervis,University of Essex; and Emmanouil Noikokiris, University of Essex

Financial Market Imperfections and the Effects of Monetary Policy on Investment and Inventories

John D. Tsoukalas, University of Nottingham

Discussion among participants.

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[201] TRADE, DEVELOPMENT, AND FINANCE IN THE SOUTH

Session Organizer: Fadhel Kaboub, Drew University ( fkaboub@drew.edu)

Session Chair: Edwin Dickens, Saint Peter’s College ( EDickens@spc.edu)

South-South or North-South: Has Direction of Trade Mattered for Developing Countries? Evidence from Skill-Intensive Manufactures

Omar S. Dahi, Hampshire College (odahi@hampshire.edu)

Fixed Investment, Capital Market Imperfections, and Financialization of the Real Sectors in Developing Countries: Is the Rise of Rentierism a Curse or a Blessing?

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

External Finance and National Policy Space in National Development Strategies

Jan Kregel, University of Missouri – Kansas City (jankregel@yahoo.com)

Rethinking the Prerequisites of Economic Development: A Post Keynesian View

Fadhel Kaboub, Drew University ( fkaboub@drew.edu)

Discussants:

Ramaa Vasudevan, Barnard College ( rv2157@columbia.edu)

Rathin Roy, United Nations Development Programme (rathin.roy@undp.org)

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[202] CREATING OPPORTUNITIES FOR IMPROVED WELL-BEING
Session Organizer: Susan Bush, American University ( susan.bush@american.edu)
Session Chair: Mary Eschelbach Hansen, American University

The Capability Approach to Understanding Student Outcomes: Expanding the Concept of Human Capital
Maria Rafaj, American University (mariarafaj@yaoo.com)

On-Site Day Care Centers: Determining the Effects on Employee Organizational Attachment and the Resulting Impact On Firm Productivity
Laura Sherbin, American University (laura.sherbin@american.edu)

The Economics of Domestic Violence: Testing the Theories

Susan Bush, American University (susan.bush@american.edu)

Discussants:
Renata Kochut, American University (renata.kochut@american.edu)
Susan Bush, American University (susan.bush@american.edu)
Laura Sherbin, American University (laura.sherbin@american.edu)
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[203] INFORMATION, FINANCIAL ASPECTS, GLOBAL BUSINESS AND ECONOMIC DEVELOPMENT

Session Organizer: Surendra K. Kaushik, Pace University (skaushik@pace.edu)

Session Co-Chairs: Surendra K. Kaushik, Pace University (skaushik@pace.edu) and Shyam Lodha, Southern Connecticut State University (lodhas1@southernct.edu)

Application of Sarbanes-Oxley to International Companies

Roy Girasa, Pace University (rgirasa@pace.edu)

Distribution in Sustainable Development

Devaki Chandra, Berkeley, CA (devakichandra@hotmail.com)

Access to Capital in Global Markets by Emerging Economies: Case Studies of Argentina, Brazil, China, India and Russia

Surendra K. Kaushik, Pace University (skaushik@pace.edu)

Consolidation in Nonbank Banks in the United States

Raymond Lopez, Pace University (rlopez@pace.edu) and Surendra K. Kaushik, Pace University (skaushik@pace.edu)

Intellectual Property and Globalization

Shyam Lodha, Southern Connecticut State University (lodhas1@southernct.edu)

Discussants:

Anand Shetty, Iona College (ashetty@iona.edu)

Surendra K. Kaushik, Pace University (skaushik@pace.edu)

Raymond Lopez, Pace University (rlopez@pace.edu)

Devaki Chandra, Berkeley, CA (devakichandra@hotmail.com)

Shyam Lodha, Southern Connecticut State University (lodhas1@southernct.edu)

Roy Girasa, Pace University (rgirasa@pace.edu)

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[204] APPLIED LABOUR ECONOMICS (JEL Code J)

Session Organizer: Gianluigi Pelloni, University of Bologna, Italy ( pelloni@rimini.unibo.it)

Session Chair: Theodore Panagiotidis, Loughborough University, U.K. (t.panagiotidis@lboro.ac.uk)

The Urban Wage Gap in the Industrialization of Russia 1884-1910

Leonid Borodkin , Moscow Lomonossov State University, Russia; Brigitte Granville, Queen Mary, University of London, (b.granville@qmul.ac.uk); and Carol Scott Leonard, St. Antony’s College, Oxford ( carol.leonard@sant.ox.ac.uk)

International Trade and Employment Outcomes in India

Kunal Sen, University of Manchester, UK ( kunal.sen@manchester.ac.uk)

Turning On the Microscope on Labour Reallocation and Employment Volatility: Evidence from Canadian Provinces

Theodore Panagiotidis, Loughborough University, U.K. (t.panagiotidis@lboro.ac.uk) and Gianluigi Pelloni, University of Bologna, Italy ( pelloni@rimini.unibo.it)

Discussion among participants.

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[205] HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY

(JEL Code B)
Session Chair: Ann Mari May, Middlebury College (annmari@middlebury.edu)

Interdependence and Equilibrium in Adam Smith

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

Edward Kellogg’s Public Credit Money

Adrian Kuzminski, Hartwick College (Adrian@oecblue.com)

In Search of Causation; Peregrinations of a Journeyman Macroeconomist in Foreign Lands—First Consideration: Temporal Order

John B. Bryant, Rice University (jbb@rice.edu)

Discussants:

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

John B. Bryant, Rice University (jbb@rice.edu)

Ann Mari May, Middlebury College (annmari@middlebury.edu)

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[206] WHICH SYSTEM WORKS BEST? COMPARATIVE MACROECONOMIC ANALYSIS

Session Organizer and Chair: Mark Setterfield, Department of Economics, Trinity College (mark.setterfield@trincoll.edu)

Evaluating Comparative Macroeconomic Performance: A Populist Approach

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

Why Do Some Economies Have Lower Unemployment Rates Than Others?

John Cornwall, Dalhousie University (jcornwal@dal.ca)

Are Protective Labor Market Institutions at the Root of Unemployment? A Critical review of the Evidence

David Howell, New School for Social Research (howell@newschool.edu)

Discussants:

Giuseppe Fontana, University of Leeds (G.Fontana@lubs.leeds.ac.uk)

Will Milberg, New School for Social Research (MilbergW@newschool.edu)

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

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[207] MATHEMATICAL AND QUANTITATIVE METHODS: STUDIES OF GAMES (JEL Code C)

Session Chair: Yoav Wachsman, Coastal Carolina University, (yoav@coastal.edu)

A Game of Choosing a Tax Rate

Andrey Garnaev, St. Petersburg State University, (agarnaev@rambler.ru)

Evolution of Division Rules

Birendra K. Rai, Max Plank Institute of Economics (rai@econ.mpg.de)

Does Trust Lead to Honesty: Experimental Results from the Monitoring Game

Yoav Wachsman, Coastal Carolina University, (yoav@coastal.edu)

Discussants:

Yoav Wachsman, Coastal Carolina University, (yoav@coastal.edu)

TBA

Birendra K. Rai, Max Plank Institute of Economics (rai@econ.mpg.de)

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[208] INTERNATIONAL TRADE AND RETURNS TO LABOR (JEL Code F)

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

Testing for Heckscher-Ohlin with County-Level Data from the U.S.

Ivan T. Kandilov, North Carolina State University (ivan_kandilov@ncsu.edu)

Labor Market Implications of Free Trade

Bilgen Susanli, Georgetown University (zbs3@georgetown.edu)

Export Performance in U.S. Manufacturing: 1959-1984 and the Return to Labor

John T. Evans, Long Island University (jevans89@msm.com)

Discussants:

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

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

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

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[209] CORPORATE DECISIONS (JEL Codes D, G)

Session Chair: James Hornsten, College of Wooster (Jhornsten@wooster.edu)

External Determinants of Financial Leverage in Manufacturing

Neal E. Duffy, Plattsburgh State University (neal.duffy@plattsburgh.edu)

Endogenous Boards of Directors and Proxy Fights

James Hornsten, College of Wooster (Jhornsten@wooster.edu)

On the Accuracy of Committee Rankings in a Noisy Environment

Peter Bodo, Southern Connecticut State University (bodop1@southernct.edu)

Using Boosting for a Board Balanced Scorecard

Germán Creamer, Columbia University (gcreamer@cs.columbia.edu)

Discussants:

Mark C. Asuzu, St. John’s University, Collegeville, MN (masuzu@csbsju.edu)

Peter Bodo, Southern Connecticut State University (bodop1@southernct.edu)

James Hornsten, College of Wooster (Jhornsten@wooster.edu)

TBA

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[210] SUBSTANCE ABUSE (JEL Code I)

Session Chair: Beth A. Freeborn, College of William and Mary (bafree@wm.edu)

The Role of Gateway Drugs Among Adolescents

Christopher F. Clark, Georgia College & State University( Christopher.clark@gcsu.edu)

Initiation and Addiction: An Analysis of Adolescent Addiction Behavior

Mir M. Ali, Stony Brook University (mmali@ic.sunysb.edu)

Substance Abuse Treatment and Local Crime

Beth A. Freeborn, College of William and Mary (bafree@wm.edu) and Brian P.McManus, Washington University

Discussants:

Beth A. Freeborn, College of William and Mary (bafree@wm.edu)

Christopher F. Clark, Georgia College & State University( Christopher.clark@gcsu.edu)

Mir M. Ali, Stony Brook University (mmali@ic.sunysb.edu)

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[211] IMPEDIMENTS TO GROWTH: INSTITUTIONS AND CORRUPTION (JEL Code O)

Session Chair: Frank R. Gunter, Lehigh University (frg2@lehigh.edu)

Growth Diagnostics: Application to Poland

Casimir Dadak, Hollins University (cdadak@hollins.edu)

Corruption in Iraq: Poor Data, Questionable Policies

Frank R. Gunter, Lehigh University (frg2@lehigh.edu)

Evolution of Growth- Retarding Institutions

Alex D. Tokarev , The King’s College (atokarev@tkc.edu)

Discussants:

Frank R. Gunter, Lehigh University (frg2@lehigh.edu)

Alex D. Tokarev , The King’s College (atokarev@tkc.edu)

TBA

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[212] HEALTH CARE STUDIES (JEL Code I)

Session Chair: Rachel E. Kreier, Hofstra University (ecorek@hofstra.edu)

New York’s Mortality Rate Reporting Program and Who Uses Low Volume Heart Surgeons

Rachel E. Kreier, Hofstra University (ecorek@hofstra.edu)

Efficient Treatment Paths for Idiopathic Intracranial Hypertension

Sean M. Murphy, Washington State University( sean-murphy@wsu.edu); Robert Rosenman, Washington State University;and Daniel L. Freisner, Gonzaga University

Explaining Differences in Female-Male Transmission Rates of HIV in Cameroon

Amy Ickowitz , Clark University (aickowitz@clarku.edu) and Lisa Mohanty, CUNY Staten Island

Economic Contributions of Physical Activity Programs to the Publicly Funded Healthcare System

Nazmi Sari, University of Saskatchewan; RecepGezer, University of Saskatchewan (recep.gezer@usask.ca); Elizabeth L. Harrison, University of Saskatchewan; Karen Chad, University of Saskatchewan; Nigel Ashworth, University of Alberta; Anne Paus Jenssen, Royal University Hospital; Bruce Reeder, University of Saskatchewan; SuzanneSheppard, Saskatoon Health Region; and KorenL. Fisher, University of Saskatchewan

Discussion among participants.

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[213] FUZZY INFORMATION: APPLICATIONS AND ANALYSES

(JEL Codes D, E, G)

Session Chair: Tufan Tiglioglu, Alvernia College (tufan.tiglioglu@alvernia.edu)

Quantification of Operational Risk: The Use of Fuzzy Logic to Define an Operational Risk Metric

Scott A. Rogerson, Duquesne University (rogersons@duq.edu)

Can Fuzzy Decision-Making Explain Growing Personal Consumption During Eras of Negative Interest Rates?

Aram Balagyan, The City University of New York (abalagyozyan@gc.cuny.edu)

Hedge Fund Indices using Classification Based on Fuzzy Neural Network

Nandita Das, Wilkes University (nandita.das@wilkes.edu) and Ratan Das, ABB Inc.

Discussants:

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

Scott A. Rogerson, Duquesne University (rogersons@duq.edu)

Tufan Tiglioglu, Alvernia College (tufan.tiglioglu@alvernia.edu)

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[214] STOCK-FLOW CONSISTENT POST-KEYNESIAN MACROECONOMICS

Session Organizer: Marc Lavoie, University of Ottawa (mlavoie@uottawa.ca)

Session Chair: Mario Seccareccia, University of Ottawa

System Dynamics Modeling of a Stock-Flow Consistent Minskyan Model

Éric Tymoigne, California State University, Fresno (etymoigne@csufresno.edu)

A Minskyan Two-Country Stock-flow Consistent Model with the Original Sin

Tarik Mouakil, University of Montesquieu-Bordeaux (tarik.mouakil@laposte.net)

A Simple North-South Model in a Stock-Flow Consistent Framework

Jung-Hoon Kim, University of Ottawa (jkim068@uottawa.ca)

Discussants:

Marc Lavoie, University of Ottawa (mlavoie@uottawa.ca)

Alex Izurieta, University of Cambridge (a.izurieta@cerf.cam.ac.uk)

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[215] ECONOMICS OF TERRORISM & HOMELAND SECURITY: MODELS & POLICIES (JEL Code H)

Session Organizer and Chair: Anthony C. Homan, U.S. Coast Guard (Anthony.C.Homan@uscg.mil)

The Treatment of Terrorist Attacks as Bernoulli Trials- Applicability and Insights

Duane E. Boniface, ABS Consulting, Arlington, VA (dboniface@absconsulting.com)

Structural and Reduced-Form Models of Terrorism and Natural Disaster Risk

Bryan Roberts, DHS Private Sector Office, Washington, DC (Bryan.Roberts@dhs.gov)

Does Homeland Security Pay for Itself? The Impact of MTSA on Market Risk & Persistence

Anthony C. Homan, U.S. Coast Guard (Anthony.C.Homan@uscg.mil)

A New Paradigm for Measuring Economic Impacts to Container Ports from Homeland Security Policy

Anthony C. Homan, U.S. Coast Guard (Anthony.C.Homan@uscg.mil)

Discussants:

Reed Garfield, US Coast Guard, Washington, DC (Reed.R.Garfield@uscg.mil)

Haeme Nam, Booz Allen Hamilton, McLean, VA (nam_haeme@bah.com)

Marvin Fell, DHS Private Sector Office, Washington, DC (marvin.fell@dhs.gov)

Todd Steiner, U.S. Coast Guard (todd.d.steiner@uscg.mil)

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[216] GLOBALIZATION POTPOURRI (JEL Code O)

Manhattanville College Undergraduate Student Research Papers

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

Who Benefits More from Foreign Direct Investment?

Kelly Beveridge, Manhattanville College (Beveridgek@mville.edu)

China and India and the Global Challenges Facing the US Economy: The Struggle for Economic Supremacy in the 21 st Century

Alan Delmonte, Manhattanville College (Delmontea@mville.edu)

The Effects of the Single European Market on Eastern European Nations: Assumptions, Benefits and Real Costs

Edgi De Los Santos, Manhattanville College (Delossantose@mville.edu)

The United States Current Account Deficit: Avoiding the Inevitable

Alan Betancourt, Manhattanville College (Betancourtal@mville.edu)

Discussants:

Alan Delmonte, Manhattanville College (Delmontea@mville.edu)

Kelly Beveridge, Manhattanville College (Beveridgek@mville.edu)

Alan Betancourt, Manhattanville College (Betancourtal@mville.edu)

Edgi De Los Santos, Manhattanville College (Delossantose@mville.edu)

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[217] IPE SESSION

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USBIG Session 11: Featured Speakers (JEL Codes H, I)

Session Organizer: USBIG Network

Session Moderator: Ingrid Van Niekerk, the Economic Policy Research Institute, Cape Town, South Africa (ivanniekerk@epri.org.za)

11:00-11:10, Presentation of the Basic Income Studies Essay Award

Karl Widerquist, Tulane University (Karl@Widerquist.com)

11:10-11:50, Strategic Openings: How Can We Make Basic Income a Part of the Progressive Agenda in the United States?

Fred Block, University of California-Davis (flblock@ucdavis.edu)

11:50-12:30, Basic Income Guarantee and Ordinary Poverty

William DiFazio, St. John’s University (DiFheller@aol.com)