Saturday at 9

SATURDAY AT 9

[80] AGENT-BASED ECONOMICS: SOCIAL NETWORKS

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

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

Session Chair: Christopher S. Ruebeck , Lafayette College

The Spatial Prisoner’s Dilemma with Agent Movement

Jason Barr , Rutgers University Newark (jmbarr@rutgers.edu) and Troy Tassier , Fordham University (tassier@fordham.edu)

An Application of Network Theory to Optimize Influenza Vaccination among Healthcare Workers

Troy Tassier, Fordham University (tassier@fordham.edu); Phillip Polgreen,University of Iowa; Alberto Segre,University of Iowa;and Sriram Pemmaraju, University of Iowa

Referral Hiring, Endogenous Social Networks, and Inequality: An Agent-based Analysis

Michael Neugart, Social Science Research Center Berlin (neugart@wz-berlin.de) and Simon Gemkow, Bielefeld University

Born Under a Lucky Star

Nobuyuki Hanaki, University of Tsukuba (hanaki@dpipe.tsukuba.ac.jp)

Discussion among participants.

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

Testing the Law of One Price: A Re-appraisal of the Evidence

Michael Arghyrou, University of Cardiff (arghyroum@cardiff.ac.uk)

Devaluation, Imperfect Capital Mobility and Debt in a Small Open Developing Economy

Mark Assibey-Yeboah, University of Tennessee (massibey@utk.edu); Sushanta K. Mallick, Queen Mary, University of London (s.k.mallick@qmul.ac.uk); and Mohammed Mohsin, University of Tennessee ( mmohsin@utk.edu)

International Price Competitiveness Ratios and Macroeconomic Dynamics:

Heuristics for the U.S. Economy

Theologos Homer Bonitsis, New Jersey Institute of Technology (bonitsis@adm.njit.edu)

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[82] GLOBALIZATION: PERSPECTIVES FROM SOCIAL ECONOMICS

(JEL Codes A13, F01)

Second of Two Sessions Sponsored by the Association for Social Economics

Session Organizer: Mark D. White, College of Staten Island/CUNY, (profmdwhite@hotmail.com)

Session Chair: Martha A. Starr, American University (mstarr@american.edu)

An Application of Distributive Justice to the Process of Bank Lending: The Case of the South African Low Income Financial Market

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

Business Globalization and Ideology: The Dissemination of Anti-Democratic Thought

Janet Spitz, The College of St. Rose (spitzj@strose.edu); Alison Conrad, University of Western Ontario; and Adam Cresko, The College of St. Rose

Outsourcing: Implications for the Host Economy

Ramya Vijaya, Richard Stockton College (vijayar@stockton.edu)

Discussion among participants.

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[83] AFFORDABLE LOSS, EXPERIMENTS OF WTP & WTA, AND CRITIQUES OF BEHAVIORAL ECONOMICS

First 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)

Affordable Loss: Behavioral Economic Aspects of the Plunge Decision

Nicholas Dew, Naval Postgraduate School; Saras D. Sarasvathy, University of Virginia; Stuart Read, IMD, Switzerland; and Robert Wiltbank, Willamette University

WTP and WTA in Competitive and Non-Competitive Environments

Shahrabani Shosh , Max Stern Academic College of Emek Yezreel; Shavit Tal, The Open University of Israel; and Uri Ben-Zion , Ben-Gurion University

What’s Behavioral Economics Like? Loss Aversion, Endowment Effect, and Some Unanswered Questions about Realisticness and Relationship with the Mainstream

Alessandro Lanteri, University of Eastern Piedmont, Italy and Anna Carabelli , University of Eastern Piedmont, Italy

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[84] DEVELOPMENT AND INTERNATIONAL TRADE THROUGH FEMINIST EYES (JEL Codes F, O)

Session Organizer: Ebru Kongar, Dickinson College (kongare@dickinson.edu)
Session Chair : Stephanie Seguino, University of Vermont (Stephanie.Seguino@uvm.edu)

Progress in Engendering Macroeconomics

Gunseli Berik, University of Utah (berik@economics.utah.edu) and Yana van der Meulen Rodgers, Rutgers University

International Trade Competition, Market Power, and Gender Wage Differentials in India's Manufacturing Sector

Nidhiya Menon, Brandeis University and Yana van der Meulen Rodgers, Rutgers University

The Impact of Services Offshoring and Immigration on the U.S. Gender Wage Gap

Ebru Kongar, Dickinson College ( kongare@dickinson.edu)

Indonesian Textiles and Clothing in a Post-MFA World: Supply Side Constraints and Implications for Female Labour

Shaianne Osterreich, Ithaca College ( sosterreich@ithaca.edu)

Discussants:

Yana van der Meulen Rodgers, Rutgers University
Gunseli Berik, University of Utah (berik@economics.utah.edu)

Nidhiya Menon, Brandeis University

Stephanie Seguino, University of Vermont (Stephanie.Seguino@uvm.edu)

Shaianne Osterreich, Ithaca College ( sosterreich@ithaca.edu)

Ebru Kongar, Dickinson College (kongare@dickinson.edu)
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[85] ISSUES IN COMPETITION AND ORGANIZATION (JEL Code B)

Third 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: Gene Callahan , The London School of Economics

Voting with your Feet versus the Ballot Box

Ilya Somin , George Mason University- School of Law

The Cadence of Economizing and Strategizing: Dynamic
Strategy under Austrian Economic Assumptions

Richard Gottschall , SUNY Plattsburgh

Individual Plans and Social Organization

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

Discussants:

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

Ilya Somin , George Mason University- School of Law

TBA

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[86] MATHEMATICAL METHODS AND PROGRAMMING (JEL Code C)

Session Chair: Louis de Mesnard, University of Burgundy (louis.de-mesnard@u-bourgogne.fr)

On the Talmud Division: Equity and Robustness

Louis de Mesnard, University of Burgundy (louis.de-mesnard@u-bourgogne.fr)

The Dynamic Effects of Tax Reform in an Open Economy

Young Cheol Jung, University of Windsor (ycjung@uwindsor.ca) and Nguyen V. Quyen, University of Ottawa

The World According to GARP: Testing the Utility Maximization: Nonparametric Tests of Weak Separability with Stochastic Errors

Sunghae Grace O, University of Kansas (hotodeng@gmail.com)

Monetary Policy under Time-Varying Uncertainty Aversion About the Persistence of Cost-Push Shocks

Fidel Gonzalez, Sam Houston State University (fidel_gonzalez@shsu.edu); ArnulfoRodriguez, Banco de Mexico; and Jesus R. Gonzalez-Garcia, International Monetary Fund

Discussion among participants.

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[87] SOCIAL SECURITY IMPACTS ON BENEFICIARIES (JEL Code H)

Session Chair: Jongsung Kim, Bryant University (jkim@bryant.edu)

Social Security’s OASI Indexing Problem

Michael C. Lovell, Wesleyan University (mlovell@wesleyan.edu)

Population Aging and Retirement Security: The Role of Social Security, Private Pensions and Individual Saving

Marietta A. Constantinides , Bloomsburg University (mconstan@bloomu.edu)

The Economic Status of Elderly Native-Born and Elderly Foreign-Born Population

Jongsung Kim, Bryant University (jkim@bryant.edu)

Discussion among participants.

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[88] MONEY AND INTEREST RATES (JEL Code E4)

Session Chair: Logan J. Kelly, Bryant University (lkelly@bryant.edu)

R & D Intensity and the Real Interest Rate in the US

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

The Currency Equivalent Index and the Current Stock of Money

Logan J. Kelly, Bryant University (lkelly@bryant.edu)

Demand for Money and Income Distribution: Evidence from Developing Countries

Subarna K. Samanta, The College of New Jersey and J. Georg Cerf, The College of New Jersey (gcerf@tcnj.edu)

Discussants:

Logan J. Kelly, Bryant University (lkelly@bryant.edu)

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

Ellis B. Heath, West Virginia University (ebheath@mail.wvu.edu)

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[89] ENDOGENOUS GROWTH MODEL (JEL Code O)

Session Chair: Miguel D. Ramirez, Trinity College (Miguel.ramirez@trincoll.edu)

The Effect of Labor Market Monopsony on Economic Growth

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

Trade in Frontier Technology on Wage Inequality with Endogenous Human Capital Formation

Kevin Bowman, Bloomsburg University of Pennsylvania (kbowma2@bloomu.edu)

Is Public Investment Productive in the Argentine Case: A Cointegration Analysis, 1960-2001

Miguel D. Ramirez, Trinity College (Miguel.ramirez@trincoll.edu)

Discussants:

Kevin Bowman, Bloomsburg University of Pennsylvania (kbowma2@bloomu.edu)

Miguel D. Ramirez, Trinity College (Miguel.ramirez@trincoll.edu)

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

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[90] STUDIES OF FOREIGN AID AND DEBT RELIEF (JEL Code F)

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

Foreign Aid and Export Diversification in Developing Countries

Jonathan Munemo, Moravian College (munemo@moravian.edu)

Food Aid and African Agriculture

Priniti Panday, Roger Williams University (ppanday@rwu.edu)

Overcoming the Disincentive Effects of Debt Overhang and Bad Behavior Implication for Debt Relief Initiative

Dobdinga C. Fonchamnyo, Clark University (dfonchamnyo@clark.edu)

Discussion among participants.

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[91] IMPACTS ON HEALTH CHOICES (JEL Code I)

Session Chair: Rexford E. Santerre, University of Connecticut (rsanterre@business.uconn.edu)

The Effect of Direct to Consumer Advertising on Health Outcomes

Franklin Carter, Lehigh University; Shin-Yi Chou, Lehigh University; Dana Costea, Lehigh University (dacb@lehigh.edu); and Arthur E. King, Lehigh University

Moral Hazards Effects of Medical Care Services in the Adoption of Physical Activity

Junhua Yu, University of Alabama (yujunh@gmail.com) and James P. Cover, University of Alabama (jcover@cba.ua.edu)

Insurance and Obesity, the College Freshman Viewpoint

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

Effect of Substance Abuse on the Demand for Cigarettes

Li Ma, Graduate Center - CUNY (lma@gc.cuny.edu)

Discussion among participants.

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[92] FAMILIES AND EARNINGS (JEL Code J)

Session Chair: Darius Conger, Ithaca College ( dconger@ithaca.edu)

Decomposing the Earnings of Tied-Migrant Military Husbands and Wives

John J. Hisnanick, U.S. Census Bureau (John.J.Hisnanick@census.gov) and Roger D. Little, Economic Department, U.S. Navel Academy

Long-run Consequences of Labor Market Conditions on Family Formation

Ayako Kondo, Columbia University (ak2258@columbia.edu)

Gender Wage Gap: Evidence from the Hellenic Maritime Sector 1995-2002

Stavros E. Arvanitis , Technological Educational Institute (TEI), Crete, Greece ; Theodoros V. Stamatopoulos, TEI, Crete, Greece; and Eleftherios J. Thalassinos, University of Piraeus, Greece (thalassic@unipi.gr)

Discussants:

Ayako Kondo, Columbia University (ak2258@columbia.edu)

Darius Conger, Ithaca College ( dconger@ithaca.edu)

John J. Hisnanick, U.S. Census Bureau (John.J.Hisnanick@census.gov)

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[93] STUDIES OF STOCK MARKETS (JEL Code G)

Session Chair: Gopalan Kutty, Mansfield University ( gkutty@mansfield.edu)

The Relationship Between Exchange Rates and Stock Prices: The Case of Mexico

Gopalan Kutty, Mansfield University ( gkutty@mansfield.edu)

The Stock Market’s Volatility to Monetary Policy Rules

Ming-Jen Chang, National Dong Hwa University (mjchang@mail.ndhu.edu.tw)

Insider Trading and the Predictability of Stock Returns: Evidence for the Banking Sector

Javier Perote, Key Juan Carlos University (javier.perote@urjx.es)

Discussants:

Phanindra V. Wunnava , Middlebury College (wunnava@middlebury.edu)

Gopalan Kutty, Mansfield University ( gkutty@mansfield.edu)

Ming-Jen Chang, National Dong Hwa University (mjchang@mail.ndhu.edu.tw)

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[94] THE NEED FOR FINANCIAL LITERACY AMONG COLLEGE STUDENTS

Panel discussion on the importance and benefit of providing education in personal financial management at the undergraduate level. Panelists will discuss the content and structure of personal financial management classes at the undergraduate level and will also discuss the ways in which student finance clubs can utilize such information to reach out to and benefit external communities. This panel discussion will be of interest to anyone whose institution is considering the implementation of a personal financial management curriculum as well as those who have a program in place but are wrestling with content issues.

Session Organizer and Chair: Nandita Das, Ph.D., CFA, Wilkes University, Wilkes-Barre PA (nandita.das@wilkes.edu)

Panelists:

Paul L. Camp, Ph.D., CFP®, Metropolitan State College of Denver

Nandita Das, Ph.D., CFA, Wilkes University, Wilkes-Barre PA

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[95] ISSUES IN POLITICAL ECONOMY—UNDERGRADUATE STUDENT RESEARCH

Fifth of Ten Sessions; Session V: Macroeconometrics

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

Session Chair: Billy Swanson, University of Mary Washington

Autocorrelation and Its Removal from the Heteroscedasticity-free Simple U.S. Nominal and Real Consumption Functions, Acquired Using the Annual Data of 1959 to 2003

Dagmar Heinmets, SUNY Potsdam and Yingying Wang, SUNY Potsdam

Transparency and Inflation Volatility

Nancy Dexter, Smith College

The Estimation of the Simple National Income Determination Model

Christopher Czadze, SUNY Potsdam

Effects of Central Bank Independence and Accountability on Inflation Measures

Martha Woerner, Smith College

Heteroscedasticity in the Simple U.S. Nominal and Real Consumption Functions: Acquired Using Annual Data Between 1959 and 2003

Francis Fox, SUNY Potsdam; Joshua Patapow, SUNY Potsdam; and John Russel, Jr., SUNY Potsdam

Discussants:

Anaris Javier, Bryant University

Christian Frentzen, Keene State College

Katherine Parkman, Elon University

Robert Fox, Bryant University

Puja Singhal, Smith College

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[96] TOPICS IN FORENSIC ECONOMICS II

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

Issues in Determination of the Wage Growth Rate in Present Value Analysis

Arthur A. Eubank, Eubank Economics, Inc. (art@eubankeconomics.com); A. AndrewEubank, III, Eubank Economics, Inc. (andrew.eubank@gmail.com); and AnnaShostya, Department of Economics, Pace University (edandan@aol.com)

Variability in the Productivity Factor in Wage Growth Calculations

Matt McCabe, Wells College (mmccabe@wells.edu)

Methods for Expanding your Forensic Economic-Vocational Practice

Robert P. Wolf, Vocational-Economic Consultant (drwolf2@comcast.net)

Discussants:

Victor Matheson, College of the Holy Cross (vmatheso@holycross.edu)

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

Steven Shapiro, University of New Haven (sshapiro@newhaven.edu)

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[97]USBIG Session 5: Big and Poverty (JEL Codes H, I)

Session Organizer: USBIG Network

Session Moderator: Michael Howard, University of Maine (Michael_Howard@umit.maine.edu)

New Data, New Targets? Challenges for Irish Anti-Poverty Policy Post-2008?

Micheál Collins, Trinity College, Dublin, Ireland (mlcollin@tcd.ie)

Compassionate Liberalism as a Frame for a Renewed War on Poverty

Buford Farris, St. Louis University (farrisbe@earthlink.net)

Arendt, Solidarity, and the Social

Samuel Butler, State University of New York at Stony Brook (sabutler@ic.sunysb.edu)

Post Secondary Education and Social Assistance in Ontario Ernie Lightman , University of Toronto, (ernie.lightman@utoronto.ca) and Seong Gee Um, University of Toronto, (seonggee.um@utoronto.ca)

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[98] COMPETITIVENESS, HETEROGENEITY, AND INDUSTRIAL STRUCTURE: THE IMPACT ON ORGANIZATIONS AND FIRMS (JEL Code L)

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

Session Chair: Nancy Rose, MIT

Post-Patent Pharmaceutical Firm Price Response to Generic Competition: An Empirical Case Study

Antonia Swann, York University

The Effect of Heterogeneity on the Performance of Employees and the Organizational Divisions of the Firm

Fidan Ana Kurtulus, University of Massachusetts, Amherst.

Institutional Characteristics and the Decline of Women’s Colleges

Ihsuan Li, Wesleyan College