Friday at 4

FRIDAY AT 4

[60] THE POLITICAL ECONOMY OF INTEREST RATE SETTING

(JEL Code G)

Session Organizer and Chair: Mario Seccareccia, University of Ottawa, Canada (Mario.Seccareccia@uottawa.ca)

What Did the Fed Do after Inflation Died?
Olivier Giovannoni, University of Texas at Austin (giovannoni@gmail.com)

Equity Returns and Monetary Policy
H. Sonmez Atesoglu, Clarkson University (atesoglu@clarkson.edu)

The Political Economy of Interest Rates, Inflation Targeting and the Distribution of Income
Louis-Philippe Rochon, Laurentian University (lprochon2003@yahoo.com)

Aging Populations and the Political Economy of Interest Rate Setting
Peter Docherty, University of Technology, Sydney, Australia ( peter.docherty@uts.edu.au)

Discussants:

Marc Lavoie, University of Ottawa ()
Olivier Giovannoni, University of Texas at Austin (giovannoni@gmail.com)

Mario Seccareccia, University of Ottawa (Mario.Seccareccia@uOttawa.ca)
Louis-Philippe Rochon, Laurentian University (lprochon2003@yahoo.com)

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[61] FORDHAM UNIVERSITY GRADUATE STUDENTS SESSION II

(JEL Codes E, F, G, O, P)

Session Organizer: Meghan Hennessy, Fordham University (mehennessy@fordham.edu)

Predicting Elements of Perfection: Forecasting College Students' Academic Performance

Justine Alessandroni, Fordham University (justinealessandroni@yahoo.com)

Empirical Analysis of Monetary Policies for Developing and Transition Economies

Meghan Hennessy, Fordham University (mehennessy@fordham.edu)

Volatility Trading: Hedge Funds and the Search for Alpha (New Challenges to the Efficient Market Hypothesis)

Cara Marshall, Fordham University (caramarshall@mtaglobal.com)

Evaluating the Effects of Deposit Dollarization in Financial Intermediation in Transition Economies

Emre Ozsoz, Fordham University and FIT/SUNY (ozsoz@fordham.edu)

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[62] TOPICS IN POLITICAL ECONOMY (JEL Code B)

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

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

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

The Micro-Macro Synthesis in Veblen’s Institutional Economics

Tae-Hee Jo, Buffalo State College (taeheejo@gmail.com)

The Life and Works of C.E. Ferguson

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

Progress in the Development of an Internet Simulation Macro Model Based on the Marxist Labor Theory of Value

Victor Kasper, Buffalo State College (kasperv@buffalostate.edu)

Discussants:

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

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

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

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[63] BRINGING BACK THE DEVELOPMENTAL STATE TO THE DEVELOPING WORLD PART II (JEL Code O)
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: JameeK. Moudud, Sarah Lawrence College ( jmoudud@slc.edu)

Towards a New Latin American Developmentalism: Monetary Policy and Income Distribution

Ignatio Perrotini, UNAM, Mexico (iph@servidor.unam.mx); Juan Alberto Vázquez Muñoz, BUAP, Mexico; and Blanca Lilia Avendaño, BUAP, Mexico

Relevance of Regional Development Policies in Developing Countries: The Case of Mexico

Gabriel Mendoza-Pichardo, Facultad de Economia, UNAM, Mexico (gamp@servidor.unam.mx)

The Impact of Natural Hazards on Small Economies

Oliver Paddison, United Nations (DESA, New York)

Hazards, Migration and Vulnerabilities

Alex Julca, United Nations (DESA, New York)

Discussants:

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

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

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[64] THE BRITISH ECONOMY AFTER 1979: FROM THATCHER TO BROWN

(JEL Code E)
Session Organizer and Chair: John McCombie, University of Cambridge (jslm2@cam.ac.uk)

Was the Thatcher Experiment Necessary to Cure British Inflation?

John McCombie, University of Cambridge (jslm2@cam.ac.uk)

The British Economy Since 1979 – Relieving the External Constraint through Globalization? A Comparative Perspective
Jonathan Perraton, University of Sheffield (j.perraton@sheffield.ac.uk)

Macro Success; Micro Failure: the UK Labor Market since 1997

M. Pike, Oxford Brookes University (mpike@brookes.ac.uk)

Discussants:

John McCombie, University of Cambridge (jslm2@cam.ac.uk)
Jonathan Perraton, University of Sheffield (j.perraton@sheffield.ac.uk)
M. Pike, Oxford Brookes University (mpike@brookes.ac.uk)
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[65] POLITICAL AND INSTITUTIONAL DETERMINANTS OF ECONOMIC ACTIVITY (JEL Codes E, F)

Session Co-organizers: Roisin O’Sullivan, Smith College and Marc Tomljanovich, Drew University (mtomljan@drew.edu)

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

Institutional Foundations of Inequality and Growth

Lewis Davis, Union College (davisl@union.edu) and Mark Hopkins, Gettysburg College

Should Ohio Care that Arnold Schwarzenegger is California's Governor? An Analysis of Political and Economic Business Cycle Correlations across U.S. States

Marc Tomljanovich, Drew University (mtomljan@drew.edu) and Frank Ying, National Sun-Yat Sen University

National Housing Markets and Monetary Transmission in the Euro Area

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

Discussants:

Adrienne Lucas, Wellesley College (alucas3@wellesley.edu)

Stefan Krause, Emory University (skrause@emory.edu)

TBA

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<room> <Friday, March 7, 4:00pm > [66] TOPICS IN TEACHING ECONOMICS (JEL Code A)

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

Should Writing Assignments be Structured or Unstructured? The Impact of Writing Assignments on Student Learning

Linda Dynan, Northern Kentucky University and Tom Cate, Northern Kentucky University (cate@nku.edu)

Bloomberg Training for Credit

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

Teaching Abroad: Some Things You Might Want to Know

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

How Much Math Do Students Really Need to Succeed in Business and Economics Statistics? An Ordered Probit Analysis

Jeffrey J. Green, Ball State University; Courtenay C. Stone, Ball State University (00ccstone@bsu.edu); Abera Zegeye, Ball State University; and Thomas A. Charles, Ball State University

Discussion among participants.

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[67] STUDIES OF CONFLICT (JEL Code D)

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

Crossing the “Killing Zone” into Statehood

Shawn Humphrey, University of Mary Washington (shumphre@umw.edu)

The Formation of Overambitions in Conflict

Tarjei Havnes, University of Oslo (tarjei.havnes@econ.uio.no)

Conflict in the Shadow of Conflict: A Simple Model of Dynamic Competition

Jaesoo Kim, Michigan State University (kimjaeso@msu.edu) and Se Hoon Bang, Michigan State University (bangse@msu.edu)

Discussants:

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

Shawn Humphrey, University of Mary Washington (shumphre@umw.edu)

Regis Deloche, University of Franche-Comte (Regis.deloche@univ-fcomte.fr)

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[68] STUDIES OF ENTREPRENEURS (JEL Codes G, L, M)

Session Chair: Fidan Ana Kurtulus, UMass Amherst (Fidan@econs.umass.edu)

Taxes, Labor Supply and Entrepreneurship

Sanjay Paul, Elizabethtown College (pauls@etown.edu) and Ademar Bechtold, College of Notre Dame of Maryland

Sustainability of Hispanic Entrepreneurship Growth

Grace Kim, Loyola College/ Sellinger School (gkim2@loyola.edu)

Portfolio Choice of Business Owners, Entrepreneurial Risk and Evolution of Business

Yijun Hang, SUNY at Stony Brook, ( yhang@ic.sunysb.edu)

Discussants:

Grace Kim, Loyola College/ Sellinger School (gkim2@loyola.edu)

Fidan Ana Kurtulus, UMass Amherst (Fidan@econs.umass.edu)

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

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[69] ESTIMATING RECREATIONAL VALUES (JEL Code Q)

Session Chair: Brian W. Sloboda , U.S. Postal Service (brian.w.sloboda@usps.gov)

Forecasting Tourism Demand with ARMA-Based Methods

Fong Lin Chu, National Taiwan University (flchu@ntu.edu.tw)

The Value Added to Outdoor Recreation from Having a Backup Site

John R. McKean, AEI Economic Consultants; Donn M. Johnson, Quinnipiac University (donn.johnson@quinnipiac.edu); and R.G.Taylor, University of Idaho

Discussants:

Brian W. Sloboda , U.S. Postal Service (brian.w.sloboda@usps.gov)

Fong Lin Chu, National Taiwan University (flchu@ntu.edu.tw)

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[70] TECHNOLOGICAL CHANGE, INNOVATION, AND GROWTH

(JEL Code O)

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

Technological Change and Economic Growth: A Test of Current Theories

Constantine Alexandrakis, University of Massachusetts Dartmouth ( calexandraki@umassd.edu)

The Role of Creative Innovation in Economic Growth

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

Evaluation Methodologies in Practice in the European Union

Amaia Altuzarra, University of the Basque Country (eupalara@se.ehu.es); Marisol Esteban, University of the Basque Country; Arantxa Rodriguez, University of the Basque Country; JoseMoreno, University of the Basque Country; and Jon Larranage, University of the Basque Country

Discussants:

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

Constantine Alexandrakis, University of Massachusetts Dartmouth (calexandrakis@umassd.edu)

TBA

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[71]BUSINESS CYCLES AND MACROECONOMIC MOVEMENTS: INTERNATIONAL PERSPECTIVES (JEL Codes E, F)

Session Chair: Stanley Bober, Duquesne University (sbober@comcast.net)

Multiple Determinants of Business Cycle Synchronization

Cigdem Akin, The George Washington University (cigdem@gwu.edu)

A World Without Recession? IMF Data in the Last Third or the Twentieth Century

Jerome F. Heavey, Lafayette College (heaveyj@lafayette.edu)

The Role of Monetary Policy in Business Cycle Transmission from the U.S. to India

Biru Paksha Paul, SUNY at Cortland (paulb@cortland.edu)

Discussants:

Carlos Vargas-Silva, Sam Houston State University (cxv004@shsu.edu)

Cigdem Akin, The George Washington University (cigdem@gwu.edu)

Xiaofei Yu, Suffolk University (Yu10710@suffolk.edu)

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[72] LABOR MARKETS AND EDUCATION (JEL Code J)

Session Chair: Bradley K. Wilson , University of Saint Thomas (bkwilson@stthomas.edu)

Value of Undergraduate AACSB Accreditation

Alexandre M. Olbrecht, Ramapo College of New Jersey (aolbrech@ramapo.edu) and Kathryn Yeaton, Ramapo College of New Jersey

College Selectivity and Unemployment Durations: New Evidence on the Labour Market Effects of College Choice

Luz A. Saavedra , University of Saint Thomas and Bradley K. Wilson, University of Saint Thomas (bkwilson@stthomas.edu)

Non-Custodial Parents’ Voluntary and Court Ordered College Contributions

Meta Brown , University of Wisconsin-Madison (mbrown@ssc.wisc.edu)

Discussants:

Bradley K. Wilson , University of Saint Thomas (bkwilson@stthomas.edu)

Frank W. Musgrave, Ithaca College (Musgrave@ithaca.edu)

Joelle Saad-Lessler, Long Island University (Jsaadles@liu.edu)

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[73] WELFARE ECONOMICS AND EXTERNALITIES (JEL Codes D, I)

Session Chair: Matthew G. Nagler, Lehman College/CUNY (matthew.nagler@lehman.cuny.edu)

Income and Wealth Inequality in Nepal, 1996 and 2004: Changes and Socio-demographic Determinants

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

Of White Flight and Bottled Water: Selective Negative Externalities, Competition, and Welfare

Matthew G. Nagler, Lehman College/CUNY (matthew.nagler@lehman.cuny.edu)

School Peer Effects, School Institutional Resources and Adolescent Sexual Risk Behaviors

Michele J. Siegel, Institute for Health, Health Care Policy, and Aging Research, Rutgers University (msiegel@ifh-mail2.rutgers.edu) and Laurie J. Bauman, Pediatrics, Albert Einstein College of Medicine/CHAM

Discussants:

Matthew G. Nagler, Lehman College/CUNY (matthew.nagler@lehman.cuny.edu)

Michele J. Siegel, Institute for Health, Health Care Policy, and Aging Research, Rutgers University (msiegel@ifh-mail2.rutgers.edu)

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

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[74] UNDERGRADUATE EMPIRICAL RESEARCH

Session Organizer: Ronald J. Shadbegian, UMass Dartmouth (rshadbegian@umassd.edu)

Session Chair: Robert T. Jones, UMass Dartmouth (rjones@umassd.edu)

Are Major League Baseball Contracts Worth the Money?

Mike Donovan, UMass Dartmouth (u_mdonovan@umassd.edu)

The Effect of Health Insurance on Health Care Expenditures

Julie Raimondi , UMass Dartmouth (U_J1Raimondi@umassd.edu)

Does Growth in GDP Per Capita and World Oil Prices Affect Growth in Oil Consumption Per Capita? An Examination of China and the USA

Shane Dwyer , UMass Dartmouth ( u_sdwyer@umassd.edu)

An Explanation of Exchange Rates - A Triangular Approach

Eric Bowlin , UMass Dartmouth ( U_EBowlin@umassd.edu)

Discussant:

Maggie Cole, Clark University

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[75] ISSUES IN POLITICAL ECONOMY—UNDERGRADUATE STUDENT RESEARCH

Fourth of Ten Sessions; Session IV: Growth and Development

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

Session Chair: Daniel Cariello, Elon University

Achieving Economic Stabilization in Zimbabwe

Sekai Ndemanga, Manhattanville College

What Factors Impact the Level of Health of a Country

Julia Behrman, University of Mary Washington

The Honduran Stove Project

Christine Exley, University of Mary Washington; Will Hawk, University of Mary Washington; Ashley Lippolis, University of Mary Washington; Anna Lowell, University of Mary Washington; Katherine MacEwen, University of Mary Washington; Daniel Marsh, University of Mary Washington; and Sierra Stoney, University of Mary Washington

The Impact of Microcredit on Growth in Subsaharan Africa

Erika Lamanna, Elon University

Discussants:

Ryan R. Beaudry, Manhattanville College

Jason Sabol, Keene State College

Lindsey M. Cramer, The College of Wooster

Leah Brendel, Minnesota State University

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[76] TOPICS IN FORENSIC ECONOMICS I

First of Four Sessions Sponsored by the National Association of Forensic Economics (NAFE)

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

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

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

The Duty to Mitigate Damages

Patrick W. Fitzgerald, Vanderbilt University and Anderson Economic Group, LLC (angus_prof@yahoo.com); Ted Bolema, University of Central Michigan and Anderson Economic Group, LLC (bolem1tr@cmich.edu); and Darci Keyes, Anderson Economic Group, LLC (dkeyes@andersoneconomicgroup.com)

Earnings Lost; Earnings Regained? What the Latest Research Reveals

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

Net Discount Rates: Does Duration Matter?

David Rosenbaum, University of Nebraska - Lincoln; D. Edwards Honors Program in Computer Science and Management (drosenbaum1@unl.edu)

Discussants:

Sheldon Wishnick, Actuarial Litigation Service (actlit@cox.net)

Armando Rodriguez, University of New Haven (ARodriguez@newhaven.edu)

Jonathan S. Shefftz, JShefftz Consulting (jss@jshefftzconsulting.com)

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[77] USBIG Session 4: Workshop (JEL Codes H, I)

Session Organizer: USBIG Network

The Growing Divide: Inequality and the Roots of Economic Insecurity

Steve Schnapp, United for a Fair Economy, (sschnapp@faireconomy.org)

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[78] VIRGINIA TECH'S BRIDGE FROM ECONOMICS TO FINANCE PROGRAM

Presented by: Frank M. Smith, MBA, Director, Virginia Tech, Blacksburg, VA

AACSB International - the premier accreditor of business schools worldwide - has approved an innovative Post-Doctoral Bridge to Business Program to enable PhD's in business-related disciplines (such as Economics) to receive Academic Qualification (AQ) status for hire into tenure track positions within AACSB member schools.

This seminar will describe the rationale for the program's creation, the different programs available, entrance requirements, and the financial and employment rewards that graduates may expect to attain.

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[79] STUDIES OF UNEMPLOYMENT (JEL Code J)

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

Unemployment and Unemployment Protection in Transition Economies

Vera Brusentsev, University of Delaware (brusentv@lbrner.udel.edu)

Unemployment Insurance and Job Competition: How Does the Optimal Contract Adjust to the Business Cycle

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

Discussants:

Patrick M. Walsh, St. Michael’s College (pwalsh@smcut.edu)

Laurie Pounder, Board of Governors of the Federal Reserve (laurie.pounder@frb.gov)