Saturday at 11

SATURDAY AT 11

[100] AGENT-BASED ECONOMICS: FINANCE (JEL Code G)

Third of Five Sessions Sponsored by the NYC Computational Economics & Complexity Workshop

Session Organizer: Leanne Ussher, CUNY Queens (leanne.ussher@qc.cuny.edu)

Session Chair: Johanna Francis, Fordham University

Wealth Evolution and Financial Forecasting

Blake LeBaron , Brandeis University (blebaron@brandeis.edu)

Do Trend Traders Tame Chaos? Feedback Provides Stability

Nadja Dwenger , German Institute for Economic Research ( ndwenger@diw.de) and Oleg Pavlov, Worcester Polytechnic Institute

Agent-Based Economics and Econometrics

Shu-Heng Chen , National Chengchi University ( chchen@nccu.edu.tw) and Chia-Ling Chang, National Chengchi University and Yeh-Jung Du, National Chengchi University

Settlement and Leveraged Trading in a Speculative Futures Market with Scalpers

Leanne Ussher , CUNY Queens (leanne.ussher@qc.cuny.edu)

Discussion among participants.

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

The Stability of the U.S. Demand for Money

Ioannis N. Kallianiotis, University of Scranton (jnk353@Scranton.edu); Krishna M. Kasibhatla, North Carolina A&T State University (kmkasibh@ncat.edu); John Malindretos, Yeshiva University (malindre@yu.edu); and Luis E. Rivera-Solis ( riveral@dowling.edu)

Unit Roots in Inflation Aggregation Bias

Alexandros Kontonikas, University of Glasgow (ak101j@udcf.gla.ac.uk)

Global Uncertainty, European Unemployment, and Waning American Competitive Games
Ioannis N. Kallianiotis, University of Scranton (jnk353@Scranton.edu)

Oil Price Shocks and the Disaggregated U.S. Economy by
Martin Winston Tackie, University of Tennessee (mtackie@utk.edu); Jean Gauger, University of Tennessee (jgauger@utk.edu); Mark Assibey-Yeboah, University of Tennessee (massibey@utk.edu)

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[102] THE ECONOMICS OF ALFRED EICHNER I

Session Organizer: Louis-Philippe Rochon, Laurentian University (Lprochon@Laurentian.ca)

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

Alfred Eichner, Post-Keynesians and Money’s Endogeneity: The Role of the Central Bank

Louis-Philippe Rochon, Laurentian University (Lprochon@Laurentian.ca)

Eichner’s Monetary Economics: Ahead of its Time

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

Macro Effects of Investment Decisions, Debt Management and the Corporate Levy

Elletra Agliardi, University of Bologna ( agliardi@economia.unibo.it)

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[103] NONPROFIT ENTRY & EXIT, EFFECTS OF YOUTH BICYCLE HELMET LAWS, AND SOLVING THE ST. PETERSBURG PARADOX

Second of Two Sessions Sponsored by the Society for the Advancement of Behavioral Economics (SABE)

Session Organizer and Chair: Bijou Yang Lester, Drexel University (Bijou.Yang.Lester@drexel.edu)

Patterns of Entry and Exit in the Nonprofit Sector

Teresa D. Harrison , LeBow College of Business, Drexel University

Intended and Unintended Effects of Youth Bicycle Helmet Laws

Christopher S. Carpenter , The Paul Merage School of Business, University of California, Irvine and Mark Stehr , LeBow College of Business, Drexel University

How to Solve the St. Petersburg Paradox in Rank-Dependent Models?

Marie Pfiffelmann, Louis Pasteur University, France

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[104] IMPACT OF HEALTH INSURANCE ON IMMUNIZATION COVERAGE AMONG CHILDREN, TEENS AND ADOLESCENTS, AND CHALLENGES OF IDENTIFYING THE UNDER-INSURED (JEL Code I)

Session Organizers: Maya Vijayaraghavan, Global Immunization Division,

Centers for Disease Control and Prevention (mgv3@cdc.gov) and Noelle-Angelique Molinari, Centers for Disease Control and Prevention (nhm8@cdc.gov)

Session Chair: Philip J. Smith, Centers for Disease Control and Prevention (pzs6@cdc.gov)

Health Care Utilization among Insured Adolescents

Fangjun Zhou, Centers for Disease Control and Prevention (faz1@cdc.gov)

Vaccination Coverage among U.S. Teens and the Impact of Health insurance

Noelle-Angelique Molinari, Centers for Disease Control and Prevention (nhm8@cdc.gov) and Philip J. Smith, Centers for Disease Control and Prevention (pzs6@cdc.gov)

Methods for Evaluating the Impact of Health Insurance on Vaccination Status among 19-35 Month Old Children in the U.S.

Philip J. Smith, Centers for Disease Control and Prevention (pzs6@cdc.gov) and Noelle-Angelique Molinari, Centers for Disease Control and Prevention (nhm8@cdc.gov) and LawrenceC. Marsh, University of Notre Dame (Lawrence.C.Marsh.1@nd.edu)

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[105] GLOBALIZATION, CAPITAL MARKETS AND INEQUALITY (JEL Code O)

Session Organizer: Al Mickens, SUNY Old Westbury

Session Chair: Patrick O’Sullivan, SUNY Old Westbury

Depository Receipts and Firm Value: Evidence from Central Europe and Russia

Elena Smirnova , SUNY Old Westbury

Internalization and Market Quality: An Empirical Investigation

Albert J. Murphy , SUNY Old Westbury

Globalization and Rising Inequality: Cross-Country Comparisons

Al Mickens , SUNY Old Westbury

Discussants:

Annette Forti , SUNY Old Westbury

Becky Kalmans , SUNY Old Westbury

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[106] EXAMINING STUDENT PERFORMANCE IN ECONOMICS (JEL Code A)

Session Chair: Courtenay C. Stone, Ball State University (00ccstone@bsu.edu)

40 Years of Bad Scores: Are Economics Principles Students Really That ObTUCE?

Courtenay C. Stone, Ball State University (00ccstone@bsu.edu) and DeVon Yoho, Ball State University

The Factors on Minority Student Performance in Principles of Economics

Jae-Kwang Hwang, Virginia State University (jhwang@vsu.edu)

Assessing the Comparability of Advanced Placement Economics Courses to Traditional Principles Courses

Fekru Debbebe, Educational Testing Service; Arthur Raymond, Muhlenberg College; and Ellen Sewell, University of North Carolina at Charlotte (esewell@uncc.edu)

Discussants:

Jae-Kwang Hwang, Virginia State University (jhwang@vsu.edu)

Ihsuan Li, Wesleyan College (ili@wesleyancollege.edu)

Courtenay C. Stone, Ball State University (00ccstone@bsu.edu)

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[107] CONSUMPTION, SAVING, PRODUCTION, EMPLOYMENT, AND INVESTMENT (JEL Codes E21 & E22)

Session Chair: Nazim Belhocine, Queen’s University, Canada (belhocinen@econ.queensu.ca)

High and Low Savers? Deviations from Optimal Consumption with Lifetime Resources

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

Estimating Capital Investment with Financial Constraints: Comparison of Tobin’s q and Real Options Approaches

Hirokatsu Asano, Asia University (asano@asia-u.ac.jp)

The Embodiment of Intangible Investment Goods: a q-theory Approach

Nazim Belhocine, Queen’s University, Canada (belhocinen@econ.queensu.ca)

The Specification of Investment Functions, the Stability of Steady Growth and the Role of the Reserve Army of Labor

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

Discussion among participants.

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[108] LOCAL/REGIONAL ECONOMIC DEVELOPMENT (JEL Code R)

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

Firm Dynamics in the New World of Large Format Retail: Does Wal-Mart Really Matter?

Carlena Cochi Ficano, Hartwick College (ficano@hartwick.edu)

Identifying Engines of Growth in a State Economy

Maureen Dunne, Framingham State College (mdunne@frc.mass.edu); Martha Meaney, Framingham State College; Fahlino Sjuib, Framingham State College; and CharlesSchumacher, Framingham State College

Effects of Microbusinesses on U.S. Regional Economic Growth

Sarah Larochelle, University of Maine (sarah.larochelle@umit.maine.edu); James C. McConnon, Jr., University of Maine; and Todd Gabe, University of Maine.

Discussion among participants.

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[109] CAPITAL MOBILITY (JEL Code F)

Session Chair: Joseph P. Joyce, Wellesley College (jjoyce@wellesley.edu)

Capital Mobility and Banking Crises in Emerging Markets

Joseph P. Joyce, Wellesley College (jjoyce@wellesley.edu) and Margaret Settli, Wellesley College

Trade Openness, Capital Mobility and the Sacrifice Ratio

Joseph P. Daniels, Marquette University and David D. VanHoose, Baylor University (David_VanHoose@baylor.edu)

The Feldstein – Horioka Puzzle Revisited

Yi-Tsung Wu, SUNY at Binghamton (bf20767thomas@gmail.com)

Discussants:

David D. VanHoose, Baylor University (David_VanHoose@baylor.edu)

Yilma Gebremariam, Southern Connecticut State University (gebremariay1@southernct.edu)

Mehrene Larudee, DePaul University International Studies Program (mlarudee@depaul.edu)

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[110] STUDIES OF INSTITUTIONS IN AFRICA (JEL Codes E, F, K, O)

Session Chair: Mina Baliamoune-Luz, University of North Florida (mbaliamo@unf.edu)

Corruption and Public Investment: New Evidence from Africa

Mina Baliamoune-Luz, University of North Florida (mbaliamo@unf.edu)

The IMF: Conditionality and Corruption in Sub-Saharan Africa: A New Approach

Gerald E. Scott, Florida Atlantic University (scott@fau.edu) and Rupert Rhodd, Florida Atlantic University

An Institutional Analysis of South Africa’s Economic Transition Post Apartheid

Laura Ebert, Marist College (laura.ebert@marist.edu)

Discussants:

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

Laura Ebert, Marist College (laura.ebert@marist.edu)

Mina Baliamoune-Luz, University of North Florida (mbaliamo@unf.edu)

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[111] ECONOMICS OF EDUCATION (JEL Code I)

Session Chair: Alexandre M. Olbrecht, Ramapo College of New Jersey (aolbrech@ramapo.edu)

Is Parental Involvement Lower at Larger Schools?

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

Volunteering for Merit Pay? Evidence from Minnesota’s Q Comp Teacher Program

Carl Nadler, New York University and Matthew Wiswall, New York University (mwiswall@nyu.edu)

Discussants:

Molly Sherlock, Skidmore College and The Graduate Center-CUNY (msherlock@gc.cuny.edu)

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

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[112] EMPLOYMENT HISTORY (JEL Code J)

Session Chair: Donald A. Coffin, Indiana University Northwest (dcoffin@iun.edu)

Understanding the Decline in the Labor Force Participation Rate of Teens

Donald A. Coffin, Indiana University Northwest (dcoffin@iun.edu)

The Effects of Sketchy Employment History on Earnings

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

Characteristics of Workers Retiring Early

Shailesh Bhandari, U.S. Bureau of the Census (shailesh.r.bhandari@census.gov)

Discussants:

Reagan A. Baughman, University of New Hampshire (Reagan.Baughman@unh.edu)

Donald A. Coffin, Indiana University Northwest (dcoffin@iun.edu)

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

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[113] GOVERNMENT POLICY, REGULATION, AND PUBLIC HEALTH

(JEL Code I)

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

Evaluating Alternatives for Constructing Relative Weights in Hospital Inpatient Prospective Payment Systems

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

Alcohol Consumption & Criminal Activities

Hai Fang, University of Miami (hfang@miami.edu); JennyHomer, University of Miami; Michael T. French, University of Miami; IoanaPopovici, University of Miami; and KathrynE. McCollister, University of Miami

The Effect of Surgeon Task Repetition and Temporal Distance Between Surgeries on Cardiac Patient Health

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

Discussion among participants.

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[114] THE SUBPRIME CRISIS (JEL Code G)

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

The Ongoing Subprime Debacle and Its implications for a Widening Wealth Gap

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

On Democratizing Financial Turmoil: A Minskian Analysis of the Sub-prime Crisis

Fadhel Kaboub, Drew University (fkaboub@drew.edu); Luisa Fernandez, Alvarez & Marsal Taxand, LLC (lfernandez@alvarezandmarsal.com); and Zdravka Todorova, Wright State University (zdravka.todorova@wright.edu)

Discussants:

Nandita Das, Wilkes University (nandita.das@wilkes.edu)

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

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[115] INTERNATIONAL STUDIES OF GENDER AND HEALTH (JEL Code I)

Session Chair: Soma Ghosh , Bridgewater State College (sghosh@bridgew.edu)

The Power to Make Healthcare Decisions and Healthcare Utilization among Women in India

Usha Sambamoorthi, Morehouse School of Medicine; SophieMitra, Fordham University (mitra@gmail.com); and RanjanaBanerjea, Rutgers University

Female Human Capital Inequality, Infant Mortality and Growth

Chris Papageorgiou, International Monetary Fund and Petia Stoytcheva, Salisbury University (psstoytcheva@salisbury.edu)

Discussion among participants.

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[116] HOW TO MAXIMIZE YOUR CHANCES OF GETTING JOURNAL ARTICLES ACCEPTED FOR PUBLICATION (JEL Code Z)

Session Organizer and Chair: Steven Pressman, Monmouth University and Co-Editor of the Review of Political Economy and Book Review Editor and Associate Editor of the Eastern Economic Journal (Pressman@Monmouth.Edu)

Presenters:

Cecilia Conrad, Scripps College and Editor of the Review of Black Political Economy (Cecilia_Conrad@Scrippscollege.Edu

Larry Moss, Babson College and Editor of The American Journal of Economics and Sociology (Lmos@Aol.Com)

Mario Seccareccia, University of Ottawa and Editor of The International Journal of Political Economy (Mseccare@Uottawa.Ca)

Discussion: There will be short presentations by the journal editors followed by a long question and answer period with the audience.

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[117] ISSUES IN POLITICAL ECONOMY—UNDERGRADUATE STUDENT RESEARCH

Sixth of Ten Sessions; Session VI: Economics of the Unfortunate

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

Session Chair: Katherine Parkman, Elon University

Motivations of Terrorism

Lindsey M. Cramer, The College of Wooster

The Economic Impact of Atlantic Storms

James Z. Klingensmith, Washington and Jefferson College

India’s Unwanted Female Children: District Level Analysis of Sex Differential in Child Mortality

Puja Singhal, Smith College

Supersize Me? Productivity and Obesity in Developed Nations

Katherine Parkman, Elon University

Catastrophic Illness, Household Resource Allocation and National Savings in Tanzania: The Importance of Prevention

Mihika Chatterjee, The College of Wooster

Discussants:

Adam Hoffer, Washington and Jefferson College

Christopher Czadze, SUNY Potsdam

Margaret Graybeal, University of Mary Washington

Dagmar Heinmets, SUNY Potsdam

Julia Behrman, University of Mary Washington

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[118] USBIG Session 6: BIG and Work (JEL Codes H, I)

Session Organizer: USBIG Network

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

Valuing Work

Nien-hê Hsieh, University of Pennsylvania and Harvard University, (nhsieh@wharton.upenn.edu)

Civilian Service for Social Security? Basic Income and Labor Sharing in the Thought of Arnaud Dandieu

Christian Roy, Concordia University, (Christian.roy2@usherbrooke.ca)

Laying out the Argument for a Public Works Program

Phil Harvey, Rutgers School of Law (pharvey@camden.rutgers.edu)

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[119] TOPICS IN FORENSIC ECONOMICS III

Third 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: Gary R. Skoog, DePaul University and Legal Econometrics, Inc (gskoog@umich.edu)

The Impact of Taxation on Damage Awards

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

Projecting the Return to Human Capital: Explaining Increasing Returns to College Education

as the Fraction of College Educated Workers Rise

Ed Foster, Department of Economics, University of Minnesota (foster@umn.edu)

Calculation of an Omitted Variable Bias in Multiple Regression Models for Employment

Discrimination

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

Discussants:

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

Michael Soudry, Eco-Stat LLC (MSoudry@friedmanllp.com)

Anna Shostya, Department of Economics, Pace University (edandan@aol.com)

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[119A]THE IMPACT OF POLICY ON THE LABOR MARKET OUTCOMES OF WOMEN AND TEENS (JEL Code J)

Session Organizer and Chair: Linda Bell, Haverford College (lbell@haverford.edu)

High School Exit Exam and Its Impact on Student Dropouts: A Regression Discontinuity Analysis DongShu Ou, Columbia University

Migrants Remittances and Investments in Children’s Human Capital: The Role of Asymmetric Preferences in Mexico

Lauren Malone , University of California at Santa Cruz

Policy Evaluations of Affirmative Action in Korea: Approach to Compliance Level

Taehee Kwon, School of Economics, Sungkyunkwan University, Korea

The Effect of Changes in Maternity Leave Policy on Labor Market Outcomes for Young Females in Brazil

Viviane Bastos, Andrew Young School of Policy Studies, Georgia State University