Saturday at 2

SATURDAY AT 2

[120] TOPICS IN TRANSPORTATION ECONOMICS (JEL Codes D, H, I, and L)

Session Organizer and Chair: Peter D. Loeb, Rutgers University – Newark ( ploeb@andromeda.rutgers.edu)

The Cell Phone Effect on Pedestrian Fatalities

Peter D. Loeb, Rutgers University – Newark ( ploeb@andromeda.rutgers.edu) and

William A. Clarke, Bentley College ( wclarke@bentley.edu)

Ports Infrastructure Investment and Spillovers in California

Jeffrey P. Cohen, University of Hartford and New York University ( jcohen@hartford.edu) and Kristen Monaco, California State University – Long Beach()

An International Analysis of Motor Vehicle Fatalities

Andrew M. Welki, John Carroll University ( welki@jcu.edu) and Thomas J. Zlatoper, John Carroll University ( zlatoper@jcu.edu)

Privatization and Public Transit Labor Earnings and Employment in the US

James H. Peoples, University of Wisconsin-Milwaukee ( peoples@uwm.edu) and

Wayne K. Talley, Old Dominion University ( wktalley@odu.edu)

Bin Wang, St. Edward’s University ( binw@stedwards.edu)

Discussion among participants.

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[121] AGENT-BASED ECONOMICS: MACROECONOMICS (JEL Code E)

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

Session Organizer: Jason Barr, Rutgers University Newark

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

Wealth and the Capitalist Spirit

Johanna Francis, Fordham University (ajofrancis@fordham.edu)

Skills, Innovation, and Growth: An Agent-Based Policy Analysis

Herbert Dawid , Bielefeld University ( hdawid@wiwi.uni-bielefeld.de); Simon Gemkow, Bielefeld University; Philipp Harting, Bielefeld University (philipp.harting@uni-bielefeld.de); K. Kabus, Bielefeld University; Michael Neugart, Social Science Research Center Berlin; and K. Wersching, Social Science Research Center Berlin

An Analysis of the Japanese Credit Network

Mauro Gallegati , Università Politecnica delle Marche, Italy (mauro.gallegati@univpm.it); Giulia De Masi , Polytechnic University of Marche; Yoshi Fujiwara, ATR Network Informatics Laboratories, Japan; Bruce Greenwald, Columbia University; Joseph E. Stiglitz, Columbia University

Discussion among participants.

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[122] CAPITAL MARKET STUDIES (JEL Code G)
Session Organizer & Chair: Theologos Homer Bonitsis, New Jersey Institute of Technology (bonitsis@adm.njit.edu)

Effects of Basel-II Standards on Small-Medium Size Enterprises: Evidence from the Istanbul Stock Exchange

Mustafa Kemal Yilmaz, Istanbul Stock Exchange (mustafa.yilmaz@imkb.gov.tr) and Ali Kucukcolak, Istanbul Stock Exchange (ali.kucukcolak@imkb.gov.tr)

An Empirical Investigation of the Traditional and the Clean-Surplus Valuation Models: Evidence from UK Stocks

Stella N. Spilioti, Athens University of Economics and Business (spilioti@aueb.gr) and

George A. Karathanassis, Athens University of Economics and Business (gkarath@aueb.gr)

Do Corporate Governance, Independent Boards and Auditors Affect Market and Financial Performance: An Application to the Istanbul Stock Exchange

Ali Kucukcolak, Istanbul Stock Exchange (ali.kucukcolak@imkb.gov.tr) and Levent Ozer, Istanbul Stock Exchange (levent.ozer@imkb.gov.tr)

International Stock Markets: A Cointegration Analysis

Eleftherios Thalassinos, University of Piraeus (thalassi@unipi.gr) and EvangelosPolitis, University of Piraeus (evpolitis@uth.gr)

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[123] THE ECONOMICS OF ALFRED EICHNER II

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

Was Alfred Eichner a System Dynamicist?

Michael Radzicki, Worcester Polytechnic Institute (mjradz@wpi.edu)

The Megacorp in a Global Economy

Matthew Fung, Saint Peter’s College ( mfung@spc.edu)

Eichnerian Pricing and Investment: Reconciling the Micro-Macro Link

Mario Seccareccia, University of Ottawa (mseccare@uottawa.ca)

The Macroeconomics of Competition: Stability and Growth Questions

Malcolm Sawyer, University of Leeds (mcs@lubs.leeds.ac.uk) and Nina Shapiro, St Peters College (nshapiro@spc.edu)

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[124] EMPLOYING THE LOCAL ECONOMY FOR EDUCATION: AN UNDERGRADUATE TEACHING AND RESEARCH MODEL

(JEL Codes A22 or A29)

This panel session will introduce the MERC (the MetroWest Economic Research Center at Framingham State College) model and its components: collaborative research, innovative internships, and community outreach. The MERC model of undergraduate teaching and research will prove useful to other academic institutions.

Panelists:

MERC Model Overview and Faculty Collaboration

Martha Meaney, Framingham State College (mmeaney@frc.mass.edu)

MERC Internship Program

Fahlino Sjuib, Framingham State College (ssjuib@frc.mass.edu)

MERC Community Outreach

Maureen Dunne, Framingham State College (mdunne@frc.mass.edu)

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[125] GLOBALIZATION AND DEVELOPMENT (JEL Code O)

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

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

International Responses & Compliance with the Sarbanes-Oxley Act

Roy Girasa, Pace University ( rgirasa@pace.edu) and Devaki Chandra, Berkeley, CA ( devakichandra@hotmail.com)

Globalization and India

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

Globalization and the Environment

Shyam Lodha, Southern Connecticut State University ( lodha1@southernct.edu)

Discussants:

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

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

Devaki Chandra, Berkley College ( devakichandra@hotmail.com)

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

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

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[126] METHODOLOGY OF FIELDS OF ECONOMICS (JEL Code B)
Session Chair: David Bunting, Eastern Washington University (dbunting@ewu.edu)

The New, New Institutionalism: A Methodological Critique

William Milberg, The New School for Social Research and Peter Spiegler, University of Massachusetts, Boston ( peter.spiegler@umb.edu)

Law and Economics: Is there a Common Ground for Discussion

Derek K. Yonai, Campbell University (yonaid@campbell.edu) and Mark A. Steckbeck, Campbell University

The Happiness Paradox: More is Still Better

David Bunting, Eastern Washington University (dbunting@ewu.edu)

Discussion among participants.

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[127] MANAGING STATE AND LOCAL GOVERNMENT SERVICES AND PROGRAMS (JEL Code H)

Session Chair: Wei Chiao Huang , Western Michigan University ( huang@wmich.edu)

Evidence from the Maine Light-duty Vehicle Market: Are Eco-marketing Campaigns Effective?

Eleanor Bacani, University of Maine (Eleanor.bacani@umit.maine.edu) and MarioTeisl, University of Maine

Examining the Employment Impact of Michigan’s Renaissance Zone Program

Wei Chiao Huang , Western Michigan University (huang@wmich.edu) and YuanleiZhu, Southeast Michigan Council of State Governments

Hurricanes Katrina and Rita—An Unexpected Boon to Louisiana State Revenue in a Tax Restructured Environment

Donn R. Pescatrice, Iona College (dpescatrice@iona.edu)

Is the Grass Greener on the Other Side of the River: The Choice of Where to Work and Where to Live for Movers

Kenneth P. Sanford, Gatton College of Business and Economics (ken.sanford@uky.edu) and William H. Hoyt, Gatton College of Business and Economics

Discussion among participants.

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[128] ALL ABOUT CHINA (JEL Code F)

Session Chair: Laurence R. Fisher, Our Lady of the Lake University ( fishl@lake.ollusa.edu)

Industrial Structural Transformation for Chinese Manufactured Exports: 1980-2003

Abhijit Sharma, University of Bradford, United Kingdom (a.sharma12@bradford.ac.uk)

Made in China-Problems!

Laurence R. Fisher, Our Lady of the Lake University ( fishl@lake.ollusa.edu)

International Trade and Inter-Provincial Migration in China

Songhua Lin, Denison University (Lins@denison.edu)

Discussants:

Laurence R. Fisher, Our Lady of the Lake University ( fishl@lake.ollusa.edu)

Abhijit Sharma, University of Bradford, United Kingdom (a.sharma12@bradford.ac.uk)

Wei Sun, Grand Valley State University (sunw@gvsu.edu)

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[129] CURRENCY REGIMES (JEL Code F)

Session Chair: Mark LeClair, Fairfield University (mleclair@mail.fairfield.edu)

Along for the Ride: Regime Choice When Anchor Currencies are on the Move

Mark LeClair, Fairfield University (mleclair@mail.fairfield.edu) and Mark Kochanowicz, Fairfield University

Risk Aversion, Business Volatility and Exchange Rate Regimes in Small Open Economics

Cristian Pardo, Saint Joseph’s University ( cpardo@sju.edu)

Discussion among participants.

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[130] WELFARE AND POVERTY (JEL Code I)

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

Capability Deprivation and Poverty in the United States, 1994 and 2004

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

Are Lone Mothers Responsive to Policy Changes? The Effects of a Norwegian Workfare Reform on Employment, Education, and Poverty

Magne Mogstad, Research Department, Statistics Norway (magne.mogstad@ssb.no) and Chiara Pronzato, University of Essex

Discussants:

Martin E. Sandbu, University of Pennsylvania, Wharton School (sandbu@wharton.upenn.edu)

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

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[131] UNIONS (JEL Code J)

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

Trade Unions and NGOs: Redux

Mehmet Odekon , Skidmore College (modekon@skidmore.edu)

Collective Bargaining and Academic Compensation: Evidence in the 21 st Century

Javed Ashraf, University of St. Thomas (ashrafj@stthom.edu) and Recai Aydin, Lamar University

Union Membership and Workplace Injuries: Do Unions Protect Injured Workers from Earnings Losses?

Christopher Woock, The Conference Board (Christopher.woock@conference-board.org)

Discussants:

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

Christopher Woock, The Conference Board (Christopher.woock@conference-board.org)

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

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[132] STUDIES OF IMMIGRANTS (JEL Code J)

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

Legalization and Immigrants in U.S. Agriculture

Anita A. Pena, Colorado State University (anita.pena@colostate.edu)

The Value of a Green Card: Immigrant Wage Increases Following Adjustment to U.S. Permanent Residence

Amy M. Kandilov, University of Michigan, Ann Arbor (agass@umich.edu)

Discussants:

Amy M. Kandilov, University of Michigan, Ann Arbor (agass@umich.edu)

Anita A. Pena, Colorado State University (anita.pena@colostate.edu)

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[133] STUDIES OF BANKS (JEL Code G2)

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

The Maturity Structure of Bank Credit: Determinants and Effects on Economic Growth

Neven T. Valev, George State University (nvalev@gsu.edu) and Nikola Tasic, Central Bank of Serbia

Bank Consolidation and Loan Pricing

Lili Xie, Ball State University (lxie@bsu.edu)

Banks in China: An Analysis of Cost and Profit Efficiencies

Hong-Jen Lin, Brooklyn College, CUNY (abraham_lin@msn.com) and Winston T. Lin, Brooklyn College, CUNY

What Does Excess Bank Liquidity Say About the Loan Market in LDCs

Tarron Khemraj, New College of Florida (khemt73@gmail.com)

Discussion among participants.

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[134]USBIG Session 7: Perspectives on Distribution and Redistribution

(JEL Codes H, I)

Session Organizer: USBIG Network

Moderator: Eri Noguchi, Columbia University (en16@columbia.edu)

How to Make BI Inflation-Proof, While Also Raising Wage

Jeffrey Smith, Forum on Geonomics (jjs@geonomics.org)

Holding the 40% of Lowest Income Households Harmless: A Negative Income Tax in Combination with an Ecological Value Added Tax

Roy Morrison, Mink Hills Center for Sustainable Development (rmjsc@mcttelecom.com)

End Wage and Profit and Survive Rabbi Carla Theodore , Rabbinical Assembly and Former Director of Witnesses for a Sustainable Economy, (Cartheo@ AOL.com)

A “Public Equity” Corporation Based on Common Assets and Paying Citizen Dividends

Gary Flomenhoft, University of Vermont ( gary.flo@uvm.edu)

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[135] ISSUES IN POLITICAL ECONOMY—UNDERGRADUATE STUDENT RESEARCH

Seventh of Ten Sessions; Session VII: International Trade and Exchange

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

Session Chair: Christine Exley, University of Mary Washington

Current U.S. and China Trade Quality Issues and the Effects They May Have on Future Trade Relations

Robert Fox, Bryant University and Cristina Valejo, Bryant University

The Political Determinants of Exchange-Rate Regime Choice in Latin-America

Theodore Hickey, The College of Wooster

Trade Liberalization and the Returns to Capital

Billy Swanson, University of Mary Washington

Coming to America: An Examination of the Effect of Immigration on Bilateral Trade Flows

Jamie Hoggard, Elon University

The Dollar’s Depreciation: An Analysis of the Short and Long-Term Impacts

Anaris Javier, Bryant University

Discussants:

Will Hawk, University of Mary Washington

Martha Woerner, Smith College

Daniel Cariello, Elon University

Sekai Ndemanga, Manhattanville College

Francis Fox, SUNY Potsdam

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[136] DETERMINING ECONOMIC DAMAGES BY GERALD MARTIN: 20TH EDITION

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

Roundtable discussion regarding the 20th Edition of Gerald Martin’s Determining Economic Damages. Topics to be discussed include, but are not limited to, the following:

General Overview

Data needed

Past and Future Earnings

Fringe Benefits

Personal Consumption/Maintenance

Life and Worklife Expectancy

Income Taxes

Incorporating the Medical and Rehabilitation Experts

Interest and Present Value

Tactics and Strategy

Panelists:

James D. Rodgers, Pennsylvania State University (jdr@psu.com)

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

Frank Tinari, Tinari Economics (ftinari@tinarieconomics.com)

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[137]WOMEN’S CHOICES

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

Session Chair: Jennifer Brown, Eastern Connecticut State University

Fertility and the Labor Force Participation of American Women: The Role of Low-Skilled Immigrant Labor

Delia Furtado, Department of Economics and Center for Demography and Population Health, Florida State University and Heinrich Hock, Department of Economics and Center for Demography and Population Health, Florida State University

‘Geraldine Ferraro … Size Six’: For-Profit and Not-for-Profit Constructions of Gender in the News Media

Nicole R. Krassas, Eastern Connecticut State University

Differences by Race and Gender in Expected Starting Salaries of Bachelor Degree Recipients in Connecticut: Effects of Major Field of Study

Rhona Free, Eastern Connecticut State University; Jennifer Brown, Eastern Connecticut State University; and Maryanne Clifford, Eastern Connecticut State University

Discussants:

Jennifer Brown, Eastern Connecticut State University

Maryanne Clifford, Eastern Connecticut State University

Delia Furtado, Department of Economics and Center for Demography and Population Health, Florida State University