Friday at 11

FRIDAY AT 11

[20] POST-KEYNESIAN MONETARY POLICY I (JEL Code E)

Session Organizer and Chair: Louis-PhilippeRochon, Laurentian University (Lprochon@Laurentian.ca)

On Asset Price Bubbles and Policy

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

The Nature of Money Reconsidered

Claude Gnos, University of Burgundy (claude.gnos@u-bourgogne.fr)

Monetary Institutions and Money Supply Endogeneity: A Historical Perspective

Jane Knodell, University of Vermont ( Jane.Knodell@uvm.edu)

Comparing Different Post-Keynesian Monetary Policy Rules in a Kaldor-Pasinetti-Sraffa- Keynes Model

Peter Docherty, University of Technology, Sydney (Peter.Docherty@uts.edu.au)

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

[21] INTERNATIONAL DIMENSIONS OF CENTRAL BANKING AND CAPITAL ACCUMULATION (JEL Codes F, G)

First of Three Sessions Sponsored by the Union for Radical Political Economics (URPE)

Session Organizer and Chair: Scott Carter, The University of Tulsa (scott-carter@utulsa.edu)

The Evolution of Central Banking in Venezuela: The Venezuelan Central Bank as a Constraint On or Opportunity for Heterodox Policies

Hasan Comert , University of Massachusetts, Amherst (hcomert@gmail.com)

Currency Crises in the U.S., Asia, and Latin America: Review and Comparisons

MarieDuggan, Keene State University (mduggan@keene.edu)

The Impact of Capital Inflows on Private Accumulation in the Presences of Real Exchange Rate Uncertainty: A Time-Series Analysis of Turkish Experience in Post-Capital Account Liberalization Period

Degar Eryar, University of Massachusetts, Amherst (eryar@econs.umass.edu)

Discussants:

Anil Duman, Central European University (dumana@ceu.hu)

Scott Carter , The University of Tulsa (scott-carter@utulsa.edu)

RamaaVasudevan , Colorado State University (ramaa.vasudevan@colostate.edu)

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

[22] CURRENT ISSUES REGARDING ECONOMIC AND MONETARY UNION (EMU) AND THE EURO (JEL Code F)

Session Organizer: Richard J. Torz, St. Joseph’s College- New York ( rtorz@sjcny.edu)

Session Chair: Cathyann D. Tully, Kean University ( ctully@kean.edu)

Session Panelists:

John Kallianiotis, University of Scranton ( jnk353@Scranton.edu)

Pellegrino Manfra, Queensborough Community College/CUNY ( pmanfra@qcc.cuny.edu)

Iordanis Petsas, University of Scranton ( petsasi2@Scranton.edu)

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

Cathyann D. Tully, Kean University ( ctully@kean.edu)

Discussion will take place among the session panelists and the session audience.

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

[23] BRINGING BACK THE DEVELOPMENTAL STATE TO THE DEVELOPING WORLD PART I
Session Organizers: Jamee K. Moudud, Sarah Lawrence College (jmoudud@slc.edu); Esteban Pérez Caldentey, Economic Commission for Latin America and the Caribbean, ECLAC (esteban.perez@cepal.org); and Enrique Delamonica, Saint Peter’s College (edelamonica@spc.edu)

Session Chair: Ignatio Perrotini, UNAM, Mexico

The Evolution and Change in the Concept of the Developmental State

Esteban Pérez Caldentey, Economic Commission for Latin America and the Caribbean, (ECLAC)

Macroeconomic Trends and Social Welfare: Integrating the Various Policies and Dimensions of the Developmental State

Enrique Delamonica, Saint Peter’s College (edelamonica@spc.edu)

Back to the Future: The Return of the Developmental State in Latin America?

Igor Paunovich , Economic Commission for Latin America and the Caribbean (ECLAC)

and Juan Carlos Moreno-Brid, Economic Commission for Latin America and the Caribbean (ECLAC)

Challenging the Orthodoxy: African Development in the Age of Openness

Jamee K. Moudud, Sarah Lawrence College (jmoudud@slc.edu) and Karl Botchway, NYC College of Technology, CUNY (kbotchway@citytech.cuny.edu)

Discussants:

Ignatio Perrotini, UNAM, Mexico

Esteban Pérez Caldentey, Economic Commission for Latin America and the Caribbean, (ECLAC)

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

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

[24] RESPONSE MECHANISMS AND SOCIAL ORDER (JEL Code B)

First of Three Sessions Sponsored by the Society for the Development of Austrian
Economics (SDAE)

Session Organizer: Doug MacKenzie, SUNY Plattsburgh (dmackenz_2000@yahoo.com )

Session Chair: Richard Gottschall, SUNY Plattsburgh

The Limits of Backlash: Assessing the Political Response to Kelo

Ilya Somin , George Mason University- School of Law

Can Perverse Emergent Orders Persist?

Virgil Storr , The Mercatus Center

Knowledge and Incentive Issues in Spontaneous Orders”

Doug MacKenzie, SUNY Plattsburgh (dmackenz_2000@yahoo.com )

Discussants:

Doug MacKenzie, SUNY Plattsburgh (dmackenz_2000@yahoo.com )

Virgil Storr , The Mercatus Center

Ilya Somin , George Mason University- School of Law

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

[25] APPROACHES TO TEACHING ECONOMICS: EXPERIMENTS, SCENARIOS, AND PROBLEM-SOLVING (JEL Code A)

Session Chair: Margaret A. Ray, University of Mary Washington (mray@umw.edu)

Living on $2 a Day at UMW

Shawn Humphrey, University of Mary Washington (shumphrey@umv.edu)

Context-Rich Problems for Teaching Introductory Economics

Margaret A. Ray, University of Mary Washington (mray@umw.edu) and Stephanie Rzepka, University of Mary Washington

Math as Language, Logic and Discipline: Teaching Expenditure and Money – Multiplier Models in Introductory Macroeconomics as Echoes

Michelle I. Naples, The College of New Jersey (naples@tcnj.edu)

Discussants:

Margaret A. Ray, University of Mary Washington (mray@umw.edu)

Michelle I. Naples, The College of New Jersey (naples@tcnji.edu)

Shawn Humphrey, University of Mary Washington (shumphrey@umv.edu)

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

[26] TOPICS IN PERSONAL FINANCE (JEL Codes D, H, I)

Session Chair: James N. Marshall, Muhlenberg College (marshall@muhlenberg.edu)

Mary-Go-Round: A Study of Women’s Revolving Credit Card Debt Risk

Robert H. Scott, III, Monmouth University (rscott@monmouth.edu)

Do People Save or Spend Their Inheritances?

Jay L. Zagorsky, The Ohio State University (zagorsky.1@osu.edu)

What College Freshmen Know and Think about Paying for Healthcare and Insurance

Patricia G. Lech, University of Maine (patricia.lech@umit.maine.edu) and Karen Buhr, University of Maine

Discussants:

Adugna Lemi, University of Massachusetts Boston (adugna.lemi@umb.edu)

Junhua Yu, University of Alabama (yujunh@gmail.com)

Jason Hockenberry, Lehigh University and Moravian College (jmhc@lehigh.edu)

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

[27] MODELING RESIDENTIAL MARKETS (JEL Codes H, Q, R)

Session Chair: Robert P. Culp, Penn State (drculp@psu.edu)

A Comparative Study of Mixed Income and Non Mixed Income and Non-Mixed Income HOPE V1 Sites

LaTanya N. Brown, Bowie State University (lnbrown@bowiestate.edu)

Bidding Behavior as an Explanation of Home Price Variance

Robert P. Culp, Penn State (drculp@psu.edu) and Todd Retzlaff, Penn State

Backyard Space and Farmland Preservation: Are they Substitutes or Complements?

Ekaterina D. Gnedenko, University of Connecticut (Ekaterina.gnedenko@uconn.edu)

Understanding the Spanish Housing Boom: A Cointegrated Approach

Marisol Estaban, University of the Basque Country and Amaia Altuzarra, University of the Basque Country ( amaia.altuzarra@ehu.es)

Discussion among participants.

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

[28] ECONOMIC HISTORY II: STUDIES OF WORK AND WORKERS

(JEL Code N)

Session Chair: Matthew T.Gregg, Roger Williams University (mgregg@rwu.edu)

Journeys of a Medieval Stone Carver in Catalonia and Languedoc Roussillon

Jim Barbour, Elon University (barbour@elon.edu)

The Efficiency of Work Sharing: Evidence from the North Carolina Cherokees

Matthew T.Gregg, Roger Williams University (mgregg@rwu.edu)

Discussants:

Matthew T.Gregg, Roger Williams University (mgregg@rwu.edu)

Jim Barbour, Elon University (barbour@elon.edu)

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

[29] MONEY GROWTH, MICROFINANCE AND PATENT PORTFOLIOS

(JEL Code O)

Session Chair: Kelfala M. Kallon, University of Northern Colorado (kelfala.kallon@unco.edu)

The Relationship between Money Growth and Real Income in Sierra Leone

Kelfala M. Kallon, University of Northern Colorado (kelfala.kallon@unco.edu)

Does Sequential Innovation Decline in the Presence of Large Patent Portfolios

Phoebe Chan, Wheaton College (chan_phoebe@wheatoncollege.edu)

Microfinance During Conflict: Iraq, 2003-2007

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

Discussants:

Kevin H. McIntyre, McDaniel College (mcintyre@mcdaniel.edu)

Phillip G. LeBel, Montclair State University (lebelp@mail.montclair.edu)

Natasha Xingyuan Che, Georgetown University (ilovewordsworth@gmail.com)

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

[30] OFFSHORING (JEL Code F)

Session Chair: Paul M. Comolli, University of Kansas (pcomolli@ku.edu)

The Aggregate Economic Impacts of Offshoring Skilled Jobs

Paul M. Comolli, University of Kansas (pcomolli@ku.edu)

The Determinants of Service Offshoring: Does Distance Matter?

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

Outsourcing: Another Name for Comparative Advantage

Khalid Mehtabdin, College of St. Rose ()

Discussants:

Khalid Mehtabdin, College of St. Rose ()

Paul M. Comolli, University of Kansas (pcomolli@ku.edu)

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

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

[31] STUDIES OF SPORTS (JEL Code J)

Session Chair: Joe Prinzinger, Lynchburg College (prinzinger@lynchburg.edu)

An Empirical Investigation of National Hockey League Player Salaries

Jeffrey A. DiBartolomeo, DiBartolomeo, McBee, Hartley, & Barnes, P.A., and Donn M. Johnson, Quinnipiac University (donn.johnson@quinnipiac.edu)

A Socioeconomic Analysis of U.S. Major League Soccer Salaries

Joe Prinzinger, Lynchburg College (prinzinger@lynchburg.edu); John Leonard, Consultant; and Robert S. Abba, Jr., Southeastern Louisiana University

Inefficiency in Labor Economics for Major League Baseball

Anthony Farrer, Lafayette College and Thomas H. Bruggink, Lafayette College (bruggint@lafayette.edu)

Discussion among participants.

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

[32] LABOR MARKET IMPERFECTIONS (JEL Code J)

Session Chair: Tavis M. Barr, Long Island University ( tavis.barr@liu.edu)

Labor Market Frictions in a Model of Free Trade

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

Wage Traps as Causes of Income Stagnation in Poor Countries

Dennis Gartner, University of Zurich and Manfred Gartner, University of St. Gallen (Manfred.gaertner@unisg.ch)

Discussants:

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

Tavis M. Barr, Long Island University ( tavis.barr@liu.edu)

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

[33] PERSONAL INCOME AND WEALTH DISTRIBUTION (JEL Code D)

Session Chair: Peter Skott, University of Massachusetts, Amherst (pskott@econs.umass.edu)

The Econophysics of Income Distribution as Economics

John Angle, Inequality Process Institute (angle@inequalityprocess.org)

The Impact of Local Government Spending and Regional Price Variation on Poverty Estimates

Magne Mogstad , Research Department, Statistics Norway (magne.mogstad@ssb.no); Rolf Aaberge, Research Department Statistics Norway; and MaritOstensen, Research Department, Statistics Norway

Information and Communications Technologies, Coordination and Control, and the Distribution of Income

Peter Skott, University of Massachusetts, Amherst (pskott@econs.umass.edu) and Frederick Guy, Birkbeck College, London

Discussants:

Eugene J. McManus, Consultant and Contract Faculty (genothegreat2003@yahoo.com)

Peter Skott, University of Massachusetts, Amherst (pskott@econs.umass.edu)

John Angle, Inequality Process Institute (angle@inequalityprocess.org)

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

[34] USBIG Session 2: The Ethics of BIG(JEL Codes H, I)

Session Organizer: USBIG Network

Session Moderator: Yannick Vanderborgt, Facultés Universitaires Saint-Louis and Université Catholique de Louvain , (vanderborght@fusl.ac.be)

The Decent Level Criterion of Justice and Its Competitors

Stephen Nathanson, Northwestern University, (s.nathanson@neu.edu)

BIG and Redistributing Organs

Nir Eyal, Princeton University (neyal@princeton.edu)

Cosmopolitanism and Self-Determination

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

Reversal of the Long-Standing Redistribution of Wealth from Central America to the U.S. through Supporting Undocumented Immigrants

Hyong Yeom, James Madison University, (yeomhs@jmu.edu)

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

[35] ISSUES IN POLITICAL ECONOMY—UNDERGRADUATE STUDENT RESEARCH

Second of Ten Sessions; Session II: Marginalized Labor and Gender

Session Organizers: Steve Greenlaw, University of Mary Washington and SteveDeLoach, Elon University

Session Chair: Julia Behrman, University of Mary Washington

College Women's Choice of Majors: Evidence from a Survey

Leah Brendel, Minnesota State University

What is Known About the Types of Jobs Women Do When Self-employed?

Margaret Graybeal, University of Mary Washington

Why Not Women Too? An Analysis of the Effects of Women's Marital Status and Other Related Factors on Wages

Samuel S. Giffin, Furman University

Women’s Suffrage: The Passage of the 19th Amendment to the United States Constitution

Katie Mauro, University of Mary Washington

Discussants:

Rhys D. Williams, Virginia Military Institute

Geoffrey C. Wescott, Austin College

Billy Swanson, University of Mary Washington

Mihika Chatterjee, The College of Wooster