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SEA Conference
November 21-23
1997
Program Sessions
* Session organized by SEA President-Elect
Friday 7:30 - Noon
Session 0 Southern Economic Association Board of Trustees Meeting and Breakfast
Friday 8:30 - 10:15am
Friday 7:30-Noon SEA
Session 0 Southern Economic Association Board of Trustees Meeting and Breakfast
Friday 8:30-10:15am SEA*
Session 1A* Innovative Applications of the "Laffer" Curve
Chair: TBA
Papers:
"Minimum Wage Politics and the Welfare of Minimum Wage Workers" Russell S. Sobel, West Virginia University
"Further Considerations of the Laffer Curve for Prison Sentencing" William L. Davis, University of Tennessee - Martin
"The Laffer Curve for Amnesty" J. R. Clark, University of Tennessee - Chattanooga Bruce Hutchinson, University of Tennessee - Chattanooga
Discussants: Charles W. Baird, California State University - Hayward Gordon L. Brady, George Mason University David E.R. Gay, University of Arkansas James R. Marchand, Westminster College - Salt Lake City
Friday 8:30-10:15am SEA*
Session 3A* Economics Under Uncertainty I
Chair: Allan Persky, El Paso, TX
Papers:
"Stochastic Demand with Uncertain Sales Under Various Risk Preferences" Allan Persky, El Paso, TX
"Irreversible Investment Decisions with Yield and Price Uncertainty" T. Jeffrey Price, University of Georgia Michael E. Wetzstein, University of Georgia
Discussants: Tae Kun Seo, Southern Methodist University Roger C. Tutterow, Kennesaw State University Michael E. Wetzstein, University of Georgia
Friday 8:30-10:15am SEA*
Session 4A* The Economics of Ethics and the Ethics of Economists
Chair: David N. Laband, Auburn University
Papers:
"The Absence of Economic Analysis in Business Ethics Curricula" Glenn Moots, Northwood University
"Ethics and Agency in Forensic Economics" Thomas R. Ireland, University of Missouri - St. Louis
"Perceived Conduct and Professional Ethics Among Economics Faculty" David N. Laband, Auburn University Michael J. Piette, Analytical Economics, Inc.
Discussants: TBA
Friday 8:30-10:15am SEA*
Session 5A* Classroom Experiments and Public Choice
Chair: Charles A. Holt, University of Virginia
Papers:
"Voting and Political Institutions" Lisa Anderson, College of William and Mary Charles A. Holt, University of Virginia
"Voluntary Contribution to a Public Good" Charles A. Holt, University of Virginia Susan K. Laury, University of South Carolina
"Classroom Games: Rent Seeking and the Inefficiency of Non-Market Allocations" Jacob Goeree, University of Virginia Charles A. Holt, University of Virginia
"A Prisoner's Dilemma" C. Monica Capra, University of Virginia Charles A. Holt, University of Virginia
Discussants: Audience
Friday 8:30-10:15am SEA*
Session 6A* Current Issues in State and Local Public Finance
Chair: Thomas A. Garrett, West Virginia University
Papers:
"Tax Limits" Randall G. Holcombe, Florida State University
"Empirical Evidence of Fiscal Federalism as an Interstate Externality" Michael D. Stroup, Naval Postgraduate School
"Are States Gambling with Your Tax Dollars?: The Risk and Return of State Lotteries in America" Thomas A. Garrett, West Virginia University Russell S. Sobel, West Virginia University
Discussants: Edward J. Bierhanzl, Florida A&M University G. Dirk Mateer, Grove City College Daniel Sutter, University of Oklahoma
Friday 8:30-10:15am SEA*
Session 7A* Empirical Issues in Exchange Rate Modeling
Chair: Robert McNown, University of Colorado
Papers:
"Sources of U.S. Dollar Real Exchange Rate Fluctuations: Evidence from an Equilibrium Model" William J. Crowder, University of Texas - Arlington
"ARCH in Foreign Exchange Return" C.G. DeVries, Ohio State University Mark Nelson, Ohio State University
"Stylized Facts of Exchange Rate Dynamics" Steven Husted, University of Pittsburgh
"What Can We Learn from Panel Unit Root Tests of Real Exchange Rates?" Janice Boucher Breuer, University of South Carolina Robert McNown, University of Colorado Myles Wallace, Clemson University
Discussants: Paper Presenters
Friday 8:30-10:15am SEA*
Session 8A* Current Issues in Labor Economics
Chair: Ronald S. Warren, Jr., University of Georgia
Papers:
"Unemployment Insurance and Post-Unemployment Earnings" John T. Addison, University of South Carolina McKinley Blackburn, University of South Carolina
"The Marriage Premium for Male Workers: Evidence from a Natural Experiment" Donna Ginther, Washington University Madeline Zavodny, Federal Reserve Bank of Atlanta
"The Benefits of Catholic Schooling for Inner-City Minorities" Derek A. Neal, University of Chicago
Discussants: Christopher Cornwell, University of Georgia Myra L. Moore, Texas Christian University Madeline Zavodny, Federal Reserve Bank of Atlanta
Friday 8:30-10:15am SEA
Session 9A Economics of Crime
Chair: Julianne Sakowski, Texas Woman's University
Papers:
"The Dynamics of Crime: A Study on Social Contagion" Maria Minniti, Babson College
"Market Versus Public Policy Mechanisms in Poverty Reduction: The Differential Effects on Property Crime" Ralph C. Allen, Valdosta State University Jack H. Stone, Spelman College
"Crime Betas as A Determinate of Average Changes in Crime: An Empirical Analysis" Dale O. Cloninger, University of Houston - Clear Lake Roberto Marchesini, University of Houston - Clear Lake
"The Bottle Made Me Do It: Access to Alcohol Use and Crime" Kwabena Gyimah-Brempong, University of South Florida
Discussants: Mary Jean Horney, Furman University Philip D. Taylor, Millsaps College
Friday 8:30-10:15am SEA
Session 10A Potpourri: Economic Issues Regarding Children and Art
Chair: William Stewart Mounts, Jr., Mercer University
Papers:
"Benefit-Cost Analysis of Juvenile Boot Camps: The Case of the Environmental Youth Corps of Mobile, Alabama" Semoon Chang, University of South Alabama
"Parents' Valuation of Children and the Calculation of Damages in Wrongful Death Lawsuits" James G. Sword, University of South Dakota Randall E. Waldron, University of South Dakota
"Marketable Arts: A Voucher Solution" John Adam Hill, Northeastern State University Peter Maynard, Virginia Commonwealth University
"Housework and Childcare: From Doing to Sharing" Kamma Langberg, Aarhus School of Business
Discussants: Erik D. Craft, University of Richmond Gene Lebrenz, Florida Southern College
Friday 8:30-10:15am SEA
Session 11A Money and Banking
Chair: Charles D. DeLorme, Jr., University of Georgia
Papers:
"The Stabilizing Properties of Different Monetary Policy Rules in the Open Economy" Richard T. Froyen, University of North Carolina Alfred V. Guender, University of Canterbury - New Zealand
"Bank Structure and its Influence on Real Economic Growth" Samuel L. Skogstad, Georgia State University Kathleen Thomas, Georgia State University
"Bank Loans to Small Businesses" Cavery Bopaiah, Georgia State University
Discussants: R.W. Hafer, Southern Illinois University - Edwardsville Jill Ann Holman, University of Georgia H. Youn Kim, Western Kentucky University
Friday 8:30-10:15am SEA
Session 12A Health Economics III
Chair: Shawna Grosskopf, Southern Illinois University
Papers:
"Health Insurance and Occupational Mobility Among Workers with Disabilities" Marjorie L. Baldwin, East Carolina University Edward J. Schumacher, East Carolina University
"Dialysis Treatment Modality and Quality of Life: Evidence from Suicide Rates" Jon M. Ford, University of Texas - Arlington David L. Kaserman, Auburn University
"Testing the BETA Convergence Hypothesis on the Alcohol Consumption in the European OECD-Countries" Jan Bentzen, Aarhus School of Business Niels Nannerup, Aarhus School of Business Valdemar Smith, Aarhus School of Business
Discussants: D. Scott Bellamy, Southern Arkansas University Mary E. Deily, Lehigh University
Friday 8:30-10:15am SEA
Session 13A Industrial Organization
Chair: James I. Brannon, University of Wisconsin - Oshkosh
Papers:
"Measuring Returns to Scale and Scope of Electric Utilities as Dual-Product Firms" Stratford Douglas, West Virginia University
"The Effect of the Toxic Release Inventory on Pollution Reduction" Eric Helland, Ball State University John B. Horowitz, Ball State University
"The Effects of Leverage on R&D Spending" Dean Showalter, Southwest Texas State University Richard Jensen, University of Kentucky
"Government Policy Towards a Dynamic Increasing Returns Industry" Henry E. Kilpatrick, Jr., George Mason University
Discussants: Douglas M. Brown, Georgetown University Francis J. Cronin, Hagler Bailly Consulting, Inc. Nainish Gupta, El Paso Energy Marketing
Friday 8:30-10:15am SEA
Session 14A Capital Mobility
Chair: Charles H. Andrews, Mercer University
Papers:
"Capital Mobility and Asymmetric Information: The Case of Hong Kong and China" Mary Kennedy Bumgarner, Kennesaw State University Penelope B. Prime, Kennesaw State University
"NAFTA and Stock Market Linkages: U.S., Canada, and Mexico" Bradley T. Ewing, Georgia Southern University James E. Payne, Eastern Kentucky University
"The Role of Transaction Costs in Foreign Direct Investment" Simran K. Kahai, Tuskegee University Tejinder S. Sara, Tuskegee University
Discussants: James Cobbe, Florida State University
Friday 8:30-10:15am SEA
Session 15A Deficits, Interest Rates, and Politics
Chair: Yong U. Glasure, Wayland Baptist University
Papers:
"Presidential and Congressional Influence on American Monetary Policy: A Combined Approach" Derek A. Berry, University of Alabama
"Net Treasury Borrowing and Interest Rate Changes" William G. Gissy, Morehouse College
Discussants: Su Zhou, University of Texas - San Antonio
Friday 8:30-10:15am SEA
Session 16A Labor, the Welfare Stigma, and Risk in the Workplace
Chair: Ted W. Chiles, Auburn University - Montgomery
Papers:
"Risk Premia in the Workplace: What Does the Combined Evidence Tell Us?" Janusz R. Mrozek, Georgia Institute of Technology Laura L. Osborne, Georgia State University
"Has Welfare Stigma Changed?" Kurt C. Schaefer, Calvin College Thomas D. Vander Veen, Skidmore College
"Labor Surplus and the Agricultural Household in the People's Republic of China" Andrew L.H. Parkes, Southwestern University
Discussants: Denise L. Stanley, University of Tennessee
Friday 8:30-10:15am SEA
Session 17A Topics on Public Economics
Chair: Susan K. Snyder, Virginia Polytechnic Institute & State University
Papers:
"Bidding for Firms: An Asymmetric Auction Model of Interjurisdictional Competition" Laurent Martin, University of Maryland
"The Structure of School Districts in Georgia: Developments from 1977-1996 and the Scope for Consolidation" L.F. Jameson Boex, Georgia State University Jorge Martinez-Vasquez, Georgia State University
Discussants: Amy D. Crews, Syracuse University
Friday 8:30-10:15am SEA*
Session 18A* Recent Research on Economic Freedom
Chair: James D. Gwartney, Florida State University
Papers:
"Economic Freedom, Institutions, and Growth" Abdeweli Ali, George Mason University
"Economic Freedom and Growth" Otto Davis, Carnegie Mellon University Wenbo Wu, Carnegie Mellon University
"Economic Freedom and Other Determinants of Growth" James D. Gwartney, Florida State University Randall G. Holcombe, Florida State University Robert A. Lawson, Capital University
Discussant: Gerry Scully, University of Texas - Dallas
Friday 8:30-10:15am SEA*
Session 19A Applications of Austrian Economics
Chair: Thomas J. DiLorenzo, Loyola College
Papers:
"Central Planning of Lifestyles: Automobiles and the Illusion of Full-Cost Pricing" Roy Cordato, Campbell University
"An Austrian Critique of the Coase Theorem" Walter Block, University of Central Arkansas
"An Austrian Approach to the Economics of Crime" Yuri Maltsev, Carthage College
"The Economics and Ethics of Liberty" Hans Herman-Hoppe, University of Nevada - Las Vegas
Discussants: Thomas J. DiLorenzo, Loyola College Peter G. Klein, University of Georgia
Friday 8:30-10:15am SEA*
Session 20A* Reprivatizing Charlotte: Municipal Constitutional Economics
Chair: Jack Sommer, University of North Carolina - Charlotte
Papers:
"Reprivatizing Charlotte: Rules as Tools" Jack Sommer, University of North Carolina - Charlotte
"Quis Custodiat: Making Sure Rules are Observed" Rebecca Whitener, University of North Carolina - Charlotte
"Selling Queen Charlotte's Crown Jewels" Jack Sommer, University of North Carolina - Charlotte
"New Steering Mechanisms for Public Transportation" David Hartgen, University of North Carolina - Charlotte
"Charlotte's Human Resource Expenditures for Privatization" Laurence Bergman, University of North Carolina - Charlotte
Discussants: Paper Presenters
Friday 8:30-10:15am SEA*
Session 21A* Topics in Commercial Banking
Chair: Jill M. Hendrickson, University of the South
Papers:
"A Tale of Two Systems: Market Incentives in Deposit Insurance in 1920s Texas" Linda Hooks, Washington and Lee University Kenneth J. Robinson, Federal Reserve Bank of Dallas Jefferey W. Gunther, Federal Reserve Bank of Dallas
"Modeling the Adaptive Process of Regulatory Changes: Depository Institutions' Legislation, 1977-1995" Duane B. Graddy, Middle Tennessee State University Reuben Kyle, Middle Tennessee State University Thomas H. Strickland, Middle Tennessee State University
"An Analysis of the European Monetary Union" Stephen Baker, Capital University
Discussants: Michael Aarstol, University of Georgia Maria Minniti, Babson College
Friday 8:30-10:15am SEA*
Session 22A* Economics of Fame
Chair: David M. Levy, George Mason University
Papers:
"Capitalizing Human Capital" Paula E. Stephan, Georgia State University
"A Life-Cycle Model of Fame" Charles Coleman, NPADSI
"Second Thoughts About First Impressions: A Case Study of Scientific Error" Susan Feigenbaum, University of Missouri - St. Louis David M. Levy, George Mason University
Discussants: Catherine Eckel, National Science Foundation Sharon G. Levin, University of Missouri - St. Louis David M. Levy, George Mason University
Friday 10:30 - 12:15pm
Friday 10:30am-12:15pm SEA
Session 23B Empirical Analysis of Effects of Federal Reserve Policy
Chair: Cynthia Royal Tori, University of North Carolina - Charlotte
Papers:
"The Theory of the Big Player: The Case of the Demand for Money" Catherine E. Beckett, Hillsdale College Roger Koppl, Fairleigh Dickinson University
"An Alternative Test for Examining the Information Content of the Paper-Bill Spread" David C. Black, University of Toledo Michael R. Dowd, University of Toledo
"The Effectiveness of Federal Reserve Monetary Policy" Charles Waldauer, Widener University
Discussants: Jac C. Heckelman, Wake Forest University Areerat Kichkha King, Southern Illinois University - Carbondale
Friday 10:30am-12:15pm SEA*
Session 25B* Topics in Income Distribution, Welfare and Mobility
Chair: W. James Smith, University of Colorado - Denver
Papers:
"Efficiency, Equity and Democracy: Experimental Evidence on Social Justice and Okun's Leaky Bucket" Steve Beckman, University of Colorado - Denver John P. Formby, University of Alabama
"Consumption Expenditure Inequality and Welfare in the U.S. During the 1980s" Thesia I. Garner, Bureau of Labor Statistics Javier Ruiz-Castillo, Universidad Carlos III de Madrid
"Income Inequality and Growth: The Implications of Public and Private Education" Dale Knapp, University of Wisconsin - Madison
"Economic Growth, Welfare, and the Measurement of Social Mobility" Alexandra Minicozzi, University of Texas
Discussants: John A. Bishop, East Carolina University John P. Formby, University of Alabama Naci Mocan, University of Colorado - Denver
Friday 10:30am-12:15pm SEA*
Session 26B* Economic Efficiency in Unconventional Markets
Chair: Randall G. Holcombe, Florida State University
Papers:
"A Modest Step Toward Liberalizing the Market for Body Organs" Donald J. Boudreaux, Clemson University
"Seat Auctions and Uecker Effects in the Classroom" G. Dirk Mateer, Grove City College Tracy C. Miller, Grove City College Kenneth R. Stitt, Grove City College
"Market Efficiency in Parimutual Greyhound Racing" Russell S. Sobel, West Virginia University
Discussants: Russell S. Sobel, West Virginia University Michael D. Stroup, Naval Postgraduate School Tim R. Sass, Florida State University Steven B. Caudill, Auburn University
Friday 10:30Am-12:15Pm SEA*
Session 27B* Time and Institutions
Chair: David Schap, College of the Holy Cross
Papers:
"Ideology, Institutions, and the Transmission of Information Across Generations" Michael Ensley, Duke University Michael C. Munger, Duke University
"Fence Laws Versus Herd Laws: a Nineteenth Century Kansas Paradox" Jeffrey B. Nugent, University of Southern California Nicolas Sanchez, College of the Holy Cross
"The Evolution of Bureaucracy" Joseph D. Reid, Jr., George Mason University
Discussants: Cotton M. Lindsay, Clemson University Gordon Tullock, University of Arizona Andrew Young, Emory University
Friday 10:30am-12:15pm SEA*
Session 28B* Issues in Regulation and Antitrust
Chair: Ronald N. Johnson, Montana State University
Papers:
"Regulation, Vertical Integration, and Sabotage" T. Randolph Beard, Auburn University David L. Kaserman, Auburn University John W. Mayo, Georgetown University
"Horizontal Concentration and Anticompetitive Behavior in the Central Canadian Cement Industry: Testing Arbitrage Cost Hypotheses" Andrew N. Kleit, Louisiana State University Halldor P. Palsson, Competition Bureau, Industry and Science Canada
"Advertising Restrictions, Exclusive Territories, and Dealer Promotional Activities" Tim R. Sass, Florida State University David S. Saurman, San Jose State University
"Bans on Self-Service in the Retail Gasoline Market" Ronald N. Johnson, Montana State University Charles J. Romeo, Rutgers University
Discussants: TBA
Friday 10:30am-12:15pm SEA*
Session 29B* Classroom Experiments: Macroeconomic Issues
Chair: Lisa Anderson, College of William and Mary
Papers:
"Coordination" C. Monica Capra, University of Virginia Charles A. Holt, University of Virginia
"Making Money" Charles A. Holt, University of Virginia Susan K. Laury, University of South Carolina
"Involuntary Unemployment" Jacob Goeree, University of Virginia Charles A. Holt, University of Virginia
Discussants: Audience
Friday 10:30am-12:15pm SEA*
Session 30B* The Economics of Gambling
Chair: Michael Kurth, McNeese State University
Papers:
"Distance Effects in Consumption: Estimating the Social Value of Casinos" Earl Grinols, University of Illinois
"Casino Gambling in New Orleans: A Comprehensive Analysis" Janet Speyier, University of New Orleans
"Taxes, Profits and Economic Development: A Worldwide Perspective on Casinos" William Thompson, University of Nevada - Las Vegas
"Voter Approval of Commercial Gaming: The Louisiana Referendum" Morris Coates, Nichols State University Michael Kurth, McNeese State University
Discussants: Cecil E. Bohanon, Ball State University Andrew Foshee, McNeese State University
Friday 10:30am-12:15pm SEA*
Session 31B* Empirical Political Economy
Chair: W. Mark Crain, George Mason University
Papers:
"The Constitutionality of Race Conscious Redistricting" W. Mark Crain, George Mason University
"Mercantilism Revisited" Robert B. Ekelund, Jr., Auburn University Robert D. Tollison, George Mason University
"Deregulation and the Political Economy of Institutions" John Sullivan, Capital Economics
Discussants: Brian L. Goff, Western Kentucky University Samson Kimenyi, University of Connecticut
Friday 10:30am-12:15pm SAPPCREE I
Session 32B Valuation of Environmental Health Effects
Chair: Mark Dickie, University of Southern Mississippi
Papers:
"Homegrown Values and Hypothetical Surveys: A Comment" Karen Blumenschein, University of Kentucky Glenn C. Blomquist, University of Kentucky Magnes Johannesson, Stockholm School of Economics Richard M. O'Conor, Stockholm School of Economics Bengt Liljas, Lund University
"Mortality Risk Valuation and Stated Preference Methods: An Exploratory Study" Anna Alberini, University of Colorado Robert Belli, University of Michigan Maureen L. Cropper, World Bank Alan Krupnick, Resources for the Future
"Stated Preferences for Morbidity Benefits of Reduced Air Pollution: A Comparison of Rating and Discrete-Choice Elicitation Formats" William H. Desvousges, Triangle Economic Research F. Reed Johnson, Triangle Economic Research Melissa C. Ruby, Triangle Economic Research
"WTA/WTP Studies of Health Risks" John K. Horowitz, University of Maryland Kenneth E. McConnell, University of Maryland John Quiggin, James Cool University
Discussants: Timothy C. Haab, East Carolina University Carol Mansfield, Duke University Jason Shogren, University of Wyoming George Van Houtven, Research Triangle Institute
Friday 10:30am-12:15pm SEA
Session 33B Regional Economic Growth and Divergence in the U.S.
Chair: Ronald L. Moomaw, Oklahoma State University
Papers:
"Explanations of Employment Growth: Evidence from U.S. Counties" Donald Grimes, University of Michigan Penelope B. Prime, Kennesaw State University
"Accounting for the State Per Capita Incomes Divergence in the United States Using Alternative Methods" Seid Y. Hassan, Murray State University Abdul Hamid Sukar, Cameron University
"Legalized Sin and Economic Growth: An Empirical Study" John D. Jackson, Auburn University Douglas M. Walker, Auburn University
Discussants: Linda Harris Dobkins, Emory and Henry College Joseph M. Perry, University of North Florida
Friday 10:30am-12:15pm SEA
Session 34B Taxation
Chair: Frederick W. Derrick, Loyola College
Papers:
"Changes in the Incidence of the Social Security Tax over Time" Janusz R. Mrozek, Georgia Institute of Technology
"Some Reform Issues of Wealth Taxes in South Africa: A Futuristic Approach" Zurika Clausen, Vista University
"The Law and Economics of Environmental Taxation: When Should the Ecotax Kick In?" Jurgen G. Backhaus, Maastricht University
Discussants: Roy Bahl, Georgia State University David H. Eaton, Murray State University
Friday 10:30am-12:15pm SEA
Session 35B Health Economics I
Chair: Jill Tiefenthaler, Colgate University
Papers:
"Drug Users on a Substitution Programme with Methadone" Kamma Langberg, Aarhus School of Business
"Economic Factors Contributing to Worksites Offering Wellness Activities" D. Scott Bellamy, Southern Arkansas University Talina R. Mathews, University of Kentucky
"Can a Woman's Economic Status Degrade Her Mental Health Following Childbirth?" W. David Bradford, University of New Hampshire Lisa C. DeFelice, University of New Hampshire
"Who Gets a C-Section, and Why: New Evidence" Darren Grant, Georgia Southern University
Discussants: Amy D. Gibson, University of Alabama
Friday 10:30am-12:15pm SEA
Session 36B Performance Incentives
Chair: Jeffrey Woods, Concord College
Papers:
"Incentive-Based Compensation and Worker Absenteeism" W. David Allen, University of Alabama - Huntsville
"The Impact of Ceo Tenure on the Firm Performance and Turnover Relation" Sam A. Allgood, University of Nebraska - Lincoln Kathleen A. Farrell, University of Nebraska - Lincoln
"The Simple Microeconomics of a Share System" Vikram Kumar, Davidson College
Discussants: Mobinul Huq, University of Saskatchewan Phanindra V. Wunnava, Middlebury College
Friday 10:30am-12:15pm SEA
Session 37B Real Trade
Chair: Lynn Schneider, North Georgia College and State University
Papers:
"Business Fixed Investment and 'Bubbles': The Japanese Case" Robert S. Chirinko, Emory University Huntley Schaller, Carleton University
"Economic Integration and Business Cycle Correlation in Developing Countries" Yoonbai Kim, University of Kentucky Yung-Hsiang Ying, University of Kentucky
"Trade and Factor Prices: Evidence from Canada" Michael A. Anderson, Washington and Lee University Stephen L.S. Smith, Gordon College
"Tariff Policy and Signaling Under Cost-Based Informational Asymmetries" Mark G. Herander, University of South Florida Brad Kamp, University of South Florida
Discussants: Akbar Marvasti, University of Houston - Downtown
Friday 10:30am-12:15pm SEA
Session 38B Innovations in Pedagogy
Chair: Clarence C. Morrison, Indiana University
Papers:
"Do Formal Lectures Matter: A Comparison of Internal and External Student Performance in Introductory Economics at the University of Southern Queensland" Geoff Cockfield, University of Southern Queensland David Brasfield, Murray State University James P. McCoy, Murray State University Martin I. Milkman, Murray State University
"Video Instruction in Principles: Putting Students in Control" Frank Lee Maddox, Oxford College of Emory University
"Storytelling in the Pedagogy of Economic Principles" John J. Bethune, University of Tennessee - Martin
"The Economics of Time as a Resource" Christopher C. Klein, Tennessee Regulatory Authority
Discussants: Petur O. Jonsson, Fayetteville State University
Friday 10:30am-12:15pm SEA
Session 39B Econometric Methods
Chair: Rolf Fare, Southern Illinois University
Papers:
"Generalized Method of Moments Estimation of First Order Spacial Autoregressive Processes" Christopher R. Bollinger, Georgia State University
"Structural Cointegration and Optimization Models in Production" H. Youn Kim, Western Kentucky University Junsoo Lee, Vanderbilt University
"Structural Misspecification and Cointegration Analysis" Joachim Zietz, Middle Tennessee State University
Discussants: Irma A. Gomez, Instituto Technologico y de Estudios Superiores de Monterrey Edward C. Kokkelenberg, State University of New York - Binghamton
Friday 10:30am12:15pm SEA
Session 40B A Montage: Federal Sentencing, Civil Society, and Economic Education in Poland
Chair: Maria Minniti, Babson College
Papers:
"Racial, Ethnic, and Gender Disparities in Sentencing: Evidence from the U.S. Federal Courts" David B. Mustard, University of Chicago
"On the State of Nature and the Nature of Civil Society" Charles K. Rowley, George Mason University and Locke Institute
"Economics Education in Eastern Europe" William F. Huneke, Avatar Solutions and University of Maryland
Discussants: Mohammed A. Dabbagh, Abu Dhabi Investment Authority Nancy M. Tarr, Office of State Finance (Oklahoma City)
Friday 10:30am-12:15pm SEA*
Session 41B* Market Failure, Government Failure, and Public Choice: Lessons From U.S. Economic History
Chair: Michael R. Montgomery, University of Maine
Papers:
"The Immediate Post-WWI Business Cycle: A Tale of Misfortune, and a Stroke of Luck" Lowell Gallaway, Ohio University Richard Vedder, Ohio University
"Ground Rent Seeking in U.S. Economic History" Fred Foldvary, John F. Kennedy University and California State University - Hayward
"Special Interests and the Japanese Interment" Steven B. Caudill, Auburn University
"25x100 Equals Slum: Lot-Size Restrictions and New York City's Notorious Tenement Houses" Michael R. Montgomery, University of Maine
Discussants: Fred Foldvary, John F. Kennedy University and California State University - Hayward Mark Thornton, Auburn University Richard H. Timberlake, Jr., University of Georgia
Friday 10:30am-12:15pm SEA*
Session 42B* Law, Economics, and Public Choice
Chair: Gordon L. Brady, George Mason University
Papers:
"The Transition Process in an Arbitrary State: The Case for the Mafia" Svetozar Pejovich, Texas A&M University
"Law in the Shadow of Bargaining" Jonathan R. Macey, Cornell University
"Protectionism in Developed Countries: Too Much or Too Little?" Enrico Colombatto, University of Turin - Italy
"Law and Economics: The Implicit Social Welfare Function of Statism" David E.R. Gay, University of Arkansas
Discussants: Bruce L. Benson, Florida State University Joe C. Davis, Trinity University Craig Schulman, University of Arkansas
Friday 10:30am-12:15pm SEA*
Session 43B* Economics and Religion: How Are They Related
Chair: Robert Nelson, University of Maryland
Papers:
"Is There Any Theology in Smith's Wealth of Nations?" Anthony Waterman, Robinson College, Cambridge - England
"The Theology (Implicit) of Samuelson's Economics" Robert Nelson, University of Maryland
"Gary Becker and the Ten Commandments" Mark Broski, George Mason University
Discussants: Kenneth G. Elzinga, University of Virginia Karen I. Vaughn, George Mason University
Friday 10:30am-12:15pm SEA*
Session 44B* Purchasing Power Parity
Chair: David H. Papell, University of Houston
Papers:
"The Choice of Numeraire Currency in Panel Tests of Purchasing Power Parity" David H. Papell, University of Houston Hristos Theodoridis, University of Houston
"Exchange Rate Arrangements and Purchasing Power Parity" David Parsley, Vanderbilt University Helen Popper, Santa Clara University
"Cross Sectional Dependence in Cointegration Tests of Purchasing Power Parity in Panels" Peter Pedroni, Indiana University
Discussants: Janice Boucher Breuer, University of South Carolina Peter Liu, University of Miami Andreas Savvides, Oklahoma State University
Friday 1:30 - 3:15pm
Session 47C Diverse Economic Topics
Session 48C* Income Distributions, Poverty and Race
Session 49C* Economics Under Uncertainty II
Session 50C* America's Economic and Entrepreneurial Past
Session 51C* Economics of Education
Session 53C Pedagogical Practices and Realities
Session 54C Teaching Environmental and Natural Resource Economics: Panel Discussion
Session 55C What Facilitates Learning in Games and Markets?
Session 56C Growth, Convergence, and Divergence in Europe
Session 57C Historical Studies of Banking
Session 58C Contributions to Political Economy
Session 59C Time Series Techniques in International Finance
Session 60C Telecommunications Regulation and Deregulation
Session 61C Asset Valuation
Session 62C Externalities
Session 63C To Love, Honor, and Commute or Until Job Searches Do Us Part (A Panel Discussion About the Career Options of Economists Married to Other Economists.)
Session 64C Monetary Policy Rules in Theory and Practice
Session 65C* Private Provision of Law and Law Enforcement
Session 66C* Women in the Firm and the Academy: The Impact of Technological Change (A Roundtable Discussion)
Session 67C* Relationships and Perceptions Between Citizens and Politicians Within the Context of the Public Budgetary Process
Friday 1:30-3:15pm SEA
Session 47C Diverse Economic Topics
Chair: Mehdi Haririan, Bloomsburg University
Papers:
"Non-Oil Export Promotion" Mehdi Haririan, Bloomsburg University Bijan Vasigh, Embry Riddle Aeronautical University
"Industrial Concentration and Exchange Rate Pass-Through in Japan" Bienvenido S. Cortes, Pittsburg State University
"Fiscal Externalities and Single-Crossing Properties" D. Andrew Austin, University of Houston
"A Macroanalysis of Earnings Differentials Between Black and White Women Doctorate Holders in the U.S.: 1970-1990" Marc Cadet, Grambling State University
"Myths and Realities of Electricity Deregulation" Nainish Gupta, El Paso Energy Marketing
Discussants: Chien-Ping Chen, University of Houston Paper Presenters
Friday 1:30-3:15pm SEA*
Session 48C* Income Distributions, Poverty and Race
Chair: John P. Formby, University of Alabama
Papers:
"Hot Decking and the Demographics of Poverty" John A. Bishop, East Carolina University Paul D. Thistle, Western Michigan University
"Macroeconomic Analysis of Black and White Income Distributions" Lawrence Morse, North Carolina A&T State University Ryochi Sakano, North Carolina A&T State University
"Macroeconomic Conditions and Poverty" Naci Mocan, University of Colorado - Denver Buhong Zheng, University of Colorado - Denver
"On Interpreting Gini Decompositions with Application to White and Nonwhite Populations, 1962-1994" Hoseong Kim, University of Alabama W. James Smith, University of Colorado - Denver
Discussants: Thesia I. Garner, Bureau of Labor Statistics Alexandra Minicozzi, University of Texas Naci Mocan, University of Colorado - Denver Ryochi Sakano, North Carolina A&T State University
Friday 1:30-3:15pm SEA*
Session 49C* Economics Under Uncertainty II
Chair: Allan Persky, El Paso, TX
Papers:
"Comparing Stochastic Income Distributions" Rubin Saposnik, Georgia State University Roger C. Tutterow, Kennesaw State University
"The Effects of Shifts in a Return Distribution on Optimal Portfolios" Tae Kun Seo, Southern Methodist University Josef Hadar, Southern Methodist University
"Stochastic Production and Theory of the Firm" Allan Persky, El Paso, TX
"Decision Making Under Uncertainty when the Stakes are High: Evidence from a Lottery Game Show" Philip L. Hersch, Wichita State University Gerald S. McDougall, Southeast Missouri State University
Discussants: Allan Persky, El Paso, TX
Friday 1:303:15pm SEA*
Session 50C* America's Economic and Entrepreneurial Past
Chair: Gerald Gunderson, Trinity University
Papers:
"Explaining Entrepreneurs: Operational Tactics for Super-Abundant Information" Gerald Gunderson, Trinity University
"Visible Hand or Invisible Hand?" Don Mathews, Coastal Georgia Community College
"Reputation and Risk Premiums: The Case of Late 19th Century Railroad Bonds" Clifford F. Thies, Shenandoah University
Discussants: TBA
Friday 1:30-3:15pm SEA*
Session 51C* Economics of Education
Chair: Eugenia F. Toma, University of Kentucky
Papers:
"Does the Housing Market Reveal Local External Benefits to Schooling?" William R. Johnson, University of Virginia Benjamin Scafidi, CNA Corporation
"The Relationship Between Individual and Family Characteristics and College Attrition: Evidence from a Four Year Liberal Arts College" Todd Strinebrickner, University of Michigan
"School Choice: The Decision to Home School" Bob Huston, University of Kentucky Eugenia F. Toma, University of Kentucky
"Student Tracking and Peer Effects" Ron Zimmer, University of Kentucky
Discussants: William R. Johnson, University of Virginia Richard Romano, University of Florida
Friday 1:30-3:15pm IAFFE
Session 53C Pedagogical Practices and Realities
Chair: Kim Marie McGoldrick, University of Richmond
Papers:
"Gender: Category and Class" Mary Ann Dimand, Albion College
"'Inverting' the Classroom: Gender, Cooperative Learning and Technology" Maureen Lage, Miami University
"Practical Applications of Humor in the Principles Class" Ann Battle, Virginia Commonwealth University Kim Marie McGoldrick, University of Richmond
"Instructional Technology: Differential Effects by Race and Gender" Mary E. Young, Southwestern University
Discussants: Nancy J. Burnett, University of Wisconsin - Oshkosh Rosemary Thomas Cunningham, Agnes Scott College Leah Greden, University of North Carolina - Ashville Sunita Manian, Wesleyon College
Friday 1:30-3:15pm SAPPCREE II
Session 54C Teaching Environmental and Natural Resource Economics: Panel Discussion
Moderator: James R. Kahn, University of Tennessee
Panelists: Lynn Bennett, Yale University Susan Kask, Western Carolina University David Martin, Davidson College John C. Whitehead, East Carolina University
Friday 1:30-3:15pm ESA I
Session 55C What Facilitates Learning in Games and Markets?
Chair: Ann B. Gillette, Georgia State University
Papers:
"Evolution and Bounded Rationality in Games" Simon Anderson, University of Virginia Jacob Goeree, University of Virginia Charles A. Holt, University of Virginia
"Markets for Contracts: Experiments Involving Simultaneous Equilibration of Games and Markets" Charles R. Plott, California Institute of Technology Dean Williamson, California Institute of Technology
"Do Actions Speak Louder than Words? Observation of Others Versus Cheap Talk in Strategic Environments" John Duffy, University of Pittsburgh Nick Feltovich, University of Houston
"An Experimental Study of Cognition and Behavior in Normal-Form Games" Bruno Brosetta, University of Arizona Miguel Costa Gomes, University of California - San Diego Vince Crawford, University of California - San Diego
Discussants: Paul Brewer, Georgia State University Ann B. Gillette, Georgia State University Dan Levin, Ohio State University David Lucking-Reiley, Vanderbilt University
Friday 1:30-3:15pm SEA
Session 56C Growth, Convergence, and Divergence in Europe
Chair: Kirsten K. Madden, Millersville University
Papers:
"Bulgaria: A Country in Crisis as it Moves from a Command to a Market Economy" James R. Tarr, University of Central Oklahoma Nancy M. Tarr, Office of State Finance (Oklahoma City)
"Price Convergence in European Countries Since 1980" Jan Bentzen, Aarhus School of Business Hans Linderoth, Aarhus School of Business
"Has the Interest Rate Relationship Within the EMS Changed Since the Maastricht Treaty?" Geetha Vaidyanathan, University of North Carolina
Discussants: Abdullah H. Albatel, King Saud University - Riyadh Ann Harper Fender, Gettysburg College
Friday 1:30-3:15pm SEA
Session 57C Historical Studies of Banking
Chair: Harold Christensen, Centenary College
Papers:
"Are Bank Failures in Banking Panics Predictable?" Gerald P. Dwyer, Jr., Clemson University and Federal Reserve Bank of Atlanta R.W. Hafer, Southern Illinois University - Edwardsville
"The Role of Financial Stability and Optimal Seigniorage in Explaining Nominal Interest Rate Smoothing by the Federal Reserve" Jeffrey Johnson, University of Kentucky
"Bank Credit and Recovery in the 1930s" Frank G. Steindl, Oklahoma State University
"A Comparison of the 19th Century British and U.S. Legal Restrictions on Money Issue" James Stoker, University of Kentucky Mark Toma, University of Kentucky
Discussants: Derek A. Berry, University of Alabama William F. Huneke, Avatar Solutions and University of Maryland
Friday 1:30-3:15pm SEA
Session 58C Contributions to Political Economy
Chair: Thomas A. Garrett, West Virginia University
Papers:
"The Telecommunications Act of 1996: Rent-Seeking and the Implications for Federalism" Alden Abbot, U.S. Department of Commerce Gordon L. Brady, George Mason University
"Do Not Give Me Your Tired, Your Poor! Determinants of Legislator Voting on Immigration Issues" Jorge G. Gonzalez, Trinity University Nipoli Kamdar, Trinity University
"The Political Economy of Early Weather Information Services in the United States" Erik D. Craft, University of Richmond
"Clean Air and Rough Roads: Some Fiscal Consequences of Ethanol Promotion Subsidies" Kevin Rask, Colgate University
Discussants: Jurgen G. Backhaus, Maastricht University Stacy Dickert-Conlin, University of Kentucky
Friday 1:30-3:15pm SEA
Session 59C Time Series Techniques in International Finance
Chair: John J. Reid, University of Memphis
Papers:
"The Evidence of Hysteresis in Sectoral Trade Data" Tammy A. Rapp, Northeast Louisiana University
"Exchange Rate Dynamics Before a Monetary Union: The German Experience" Yu-Li Wang, University of Virginia
"PPP in Latin America: A Cointegration Test of the Casselian Hypothesis" Frank R. Gunter, Lehigh University Carolyn Fabian Stumph, Lehigh University
"Purchasing Power Parity in High Inflation Countries: A Cointegration Analysis of Integrated Variables with Trend Breaks" Su Zhou, University of Texas - San Antonio
Discussants: Kailash Khandke, Furman University
Friday 1:30-3:15pm SEA
Session 60C Telecommunications Regulation and Deregulation
Chair: Henry E. Kilpatrick, Jr., George Mason University
Papers:
"Developing Unbiased Price Cap Formulas" Elisabeth Colleran, Hagler Bailly Consulting, Inc. Francis J. Cronin, Hagler Bailly Consulting, Inc. Richard Raczkowski, Hagler Bailly Consulting, Inc.
"The Telecommunications Deregulation Act of 1996: A Reversal of the 1982 Consent Decree?" Monica Greer, University of Kentucky
"The Impact of Relaxed Regulation of AT&T on Local Rates" Simran K. Kahai, Tuskegee University David L. Kaserman, Auburn University
"Regulation and Unbundling of Service: Cable Television Industry" Yasuji Otsuka, University of Orlando
Discussants: Craig A. Depken II, University of Texas - Arlington Robert T. Sienkiewicz, National Institute of Standards and Technology
Friday 1:30-3:15pm SEA
Session 61C Asset Valuation
Chair: Norman Keith Womer, University of Mississippi
Papers:
"Capital Asset Prices Under Stochastic Dominance Criteria" John R. McNamara, Lehigh University
"A Sensitivity Analysis of Asset Pricing Models" Russell Rhine, West Virginia University
"Common Long-Memory Components of Intraday Stock Prices" Frederick H. deB. Harris, Wake Forest University Thomas H. McInish, Memphis State University Robert A. Wood, Memphis State University
Discussants: Frederick W. Derrick, Loyola College Paul A. Natke, Central Michigan University
Friday 1:30-3:15pm SEA
Session 62C Externalities
Chair: Shawna Grosskopf, Southern Illinois University
Papers:
"Diversity and Growth" David B. Audretsch, Georgia State University Adam K. Korobow, Georgia State University
"Optimal Liability Insurance for (Limited Liability) Corporations" Moin A. Yahya, University of Toronto
Discussants: Fred C. Graham, American University
Friday 1:30-3:15pm SEA
Session 63C To Love, Honor, and Commute or Until Job Searches Do Us Part (A Panel Discussion About the Career Options of Economists Married to Other Economists.)
Moderator: J. Rody Borg, Jacksonville University
Panelists: J. Rody Borg, Jacksonville University Mary O. Borg, University of North Florida Cindy Jacobs, Wethersfield, CT Miguel D. Ramirez, Trinity University
Friday 1:30-3:15pm SEA
Session 64C Monetary Policy Rules in Theory and Practice
Moderator: John Taylor, Stanford University
Panelists: Roberto Chang, Federal Reserve Bank of Atlanta David H. Papell, University of Houston
Friday 1:30-3:15pm SEA*
Session 65C* Private Provision of Law and Law Enforcement
Chair: Bruce L. Benson, Florida State University
Papers:
"The Market for Legal Assent" David D. Friedman, Santa Clara University
"Law on the Range: Providing Law Enforcement in the Free Grass Era" Andrew P. Morriss, Case Western Reserve University
"The Evolution of Remedies in Ancient Law" Francesco Parisi, George Mason University
"Ordered Anarchy in Medieval Iceland" Birgir Runolfsson T. Solvason, University of Iceland
Discussants: Bruce L. Benson, Florida State University Bryan D. Caplan, George Mason University David E.R. Gay, University of Arkansas Paul H. Rubin, Emory University
Friday 1:30-2:15pm SEA*
Session 66C* Women in the Firm and the Academy: The Impact of Technological Change (A Roundtable Discussion)
Moderator: Robert McCormick, Clemson University
Panelists: Elizabeth Becker, Price Waterhouse Stacey Kole, University of Rochester Kris Krauza Sikes, Bell South
Friday 1:30-3:15pm SEA*
Session 67C* Relationships and Perceptions Between Citizens and Politicians Within the Context of the Public Budgetary Process
Chair: William Orzechowski, Tobacco Institute
Papers:
"Ambiguity, Voter Maximization, and the 1974 Congressional Budget Act" Hayden Bryan, Joint Economic Committee William Orzechowski, Tobacco Institute
"The Divorce Between Payment and Use: Implications for the Stability of Miss-Information and the Hardiness of Bad Messages" Michael Marlow, University of California - San Luis Obispo William Orzechowski, Tobacco Institute
"Budgetary Rules and Public Sector Size" John Berthoud, De Tocqueville Institute
Discussants: Hayden Bryan, Joint Economic Committee Robert Mottice, George Mason University Paul Taylor, The Community Bankers Association
Friday 3:30 and After
Session 68D* DISTINGUISHED GUEST LECTURER
Session 69D Presentation of the Eleventh Annual Georgescu-Roegen Prize in Economics for the Best Article Published During the Past Year in the Southern Economic Journal
Session 70E Post-Lecture Cash Bar and Job Market Poster-Fair
Session 71E International Association for Feminist Economics - Business Meeting
Friday 3:30-4:30pm SEA*
Session 68D* DISTINGUISHED GUEST LECTURER
Introduction: William A. Darity, Jr., University of North Carolina President, Southern Economic Association
Speaker: Vernon Smith, University of Arizona
Topic:
"The Two Faces of Adam Smith"
Friday 4:30pm SEA
Session 69D Presentation of the Eleventh Annual Georgescu-Roegen Prize in Economics for the Best Article Published During the Past Year in the Southern Economic Journal
Presentation by: William A. Darity, Jr., University of North Carolina President, Southern Economic Association
Friday 4:45-6:30pm SEA
Session 70E Post-Lecture Cash Bar and Job Market Poster-Fair
(Everyone welcome. Come greet old friends and see the dissertation posters of doctoral students who are in the job market.)
Friday 4:45-5:45pm IAFFE
Session 71E International Association for Feminist Economics - Business Meeting
Saturday 8:30 - 10:15am
Saturday 8:30-10:15am SEA*
Session 72F* Inflation and Capital Markets
Chair: Michael Aarstol, University of Georgia
Papers:
"Unexpected Inflation, Inflation Uncertainty, and Stock Returns" Kiseok Lee, University of Missouri - Columbia
"Stocks, Bonds, and Inflation Regime Shifts" Sang-Sub Lee, University of South Florida
"Liquidity, Capital and the Effects of Inflation Uncertainty" Dennis Powers, University of College Cork - Ireland
"Inflation, Real Stock Returns, and Federal Funds Rate Policy" Fred C. Graham, American University
Discussants: Hashem Dezhbakhsh, Emory University Marco Espinosa, Federal Reserve Bank of Atlanta Jill M. Hendrickson, University of the South
Saturday 8:30-10:15am SEA
Session 73F Issues in Banking
Chair: Daniel Himarios, University of Texas - Arlington
Papers:
"The Effect of Risk-Basked Capital Requirements on Profit Efficiency of U.S. Banks" Rolf Fare, Southern Illinois University Shawna Grosskopf, Southern Illinois University William L. Weber, Southeast Missouri State University
"Consolidation in the Banking Industry and the Viability of Small Commercial Banks: Evidence from Stochastic Frontier Analysis" Kevin Rogers, Mississippi State University
"The Importance of Being Unimportant: The Italian Banking Structure and the Credit Channel" Maria Minniti, Babson College
Discussants: David Y. Chen, North Carolina A&T State University Jon Vilasuso, Clarkson University
Saturday 8:30-10:15am SEA*
Session 74F* Economics of Crime
Chair: Kwabena Gyimah-Brempong, University of South Florida
Papers:
"Entrepreneurial Police and Drug Enforcement Policy" Bruce L. Benson, Florida State University Brent Mast, Florida State University David Rasmussen, Florida State University
"Is the Criminal Justice System Just?" John Goodman, National Center for Policy Analysis Philip Porter, University of South Florida
"Drug Use, the Media, and the Demand for Police Protection" Hope Corman, Rider University Naci Mocan, University of Colorado - Denver
"Estimating Marginal Deterrence with Panel Data" Christopher Cornwell, University of Georgia William Trumbull, West Virginia University
Discussants: Juliet Elu, Spelman College Anthony Gyapong, Pennsylvania State University - Orgontz
Saturday 8:30-10:15am SEA*
Session 75F* The Economics and Law of Antitrust
Chair: Donald J. Boudreaux, Clemson University
Papers:
"Entry to Fight Monopolization: The Case of BMI" Andrew N. Kleit, Louisiana State University
"Measuring Spatial Competition in Auction Markets" Lance Brannman, Vanderbilt University Luke Froeb, Vanderbilt University
"Lessons of Competition Policy Reform in Transition Economies for U.S. Antitrust Policy" William E. Kovacic, George Mason University
Discussants: Kenneth G. Elzinga, University of Virginia Edward J. Lopez, George Mason University William F. Shughart II, University of Mississippi
Saturday 8:30-10:15am SEA*
Session 76F* Economic Potpourri
Chair: Henry Thompson, Auburn University
Papers:
"New Answers to Old Questions about Energy Resources" Greg Dempster, Auburn University Luis Dopico, Auburn University
"A Note on the Rybczynski Theorem" Mark L. Brandly, Auburn University
"Interstate Investment Incentives" Pete Calcagno, Auburn University
"Is the Market a Test of Truth and Beauty" Leland Yeager, Auburn University
Saturday 8:30-10:15am SEA*
Session 77F* Topics in the Economic History of the South
Chair: Don Mathews, Coastal Georgia Community College
Papers:
"The Transformation of Agricultural Production in Northern Mississippi, 1830-1860" Bruce MacTavish, University of Kansas
"The Political Economy of Georgia Governor Joseph E. Brown" Carole Scott, State University of West Georgia
"The Economics of Distinctiveness" Thomas Woods, Columbia University
"Slaveholding in Glynn County, Georgia, 1850-1860" Don Mathews, Coastal Georgia Community College
Discussants: Paper Presenters
Saturday 8:30-10:15am SEA*
Session 78F* The South African Economy in Transition
Chair: Charles Becker, Economics Institute
Papers:
"Choosing Democracy: The Transition in South Africa" Peter Rosendorff, University of Southern California
"Income Distribution and the Democratic Transition in South Africa: An Empirical Investigation" Anton D. Lowenberg, California State University Michael D. McGrath, University of Natal - South Africa
"The Gravity of Sanctions Against South Africa: A Gravity Model Examination of Trade Sanctions Severity" William H. Kaempfer, University of Colorado
Discussant: Charles Becker, Economics Institute
Saturday 8:30-10:15am SEA*
Session 79F* Economics of Higher Education
Chair: Robert Toutkoushian, University System of New Hampshire
Papers:
"The Oaxaca Decomposition Revisited" Emily Hoffman, Western Michigan University
"Problems of Missing Student Data and the Importance of Class Size in Student Achievement" William E. Becker, Indiana University John Powers, Indiana University Philip Saunders, Indiana University
"Faculty Time Allocations: Gender, Race, and Family Effects" Marcia Bellas, University of Cincinnati Georganne Rundblad, Illinois Wesleyan University Robert K. Toutkoushian, University System of New Hampshire
"Race and Marital Differences in Faculty Pay" Robert Toutkoushian, University System of New Hampshire
Discussants: Mary B. Hampton, University of Wisconsin - La Crosse Paula E. Stephan, Georgia State University
Saturday 8:30-10:15am IEFS
Session 80F International Economics and Finance Society
Chair: Henry Thompson, Auburn University
Papers:
"Open Economy Endogenous Growth: A Theoretical and Empirical Investigation" Walter Fisher, Institute for Advanced Studies - Austria
"Endogenous Growth Under Trade Liberalization" Adrian De Leon Arias, Universidad de Guadalahara - Mexico
"An Empirical Analysis of Factor Abundance with Many Factors and Many Countries" Farhad Rassekh, Hartford University Henry Thompson, Auburn University
"A State Space Model of the Trade Balance Between Japan and the U.S." Murli Buluswar, Capital One Financial Service Jon M. Ford, University of Texas - Arlington Henry Thompson, Auburn University
Discussants: TBA
Saturday 8:30-10:15am SAPPCREE III
Session 81F New Applications of the Hedonic Method
Chair: Laura L. Osborne, Georgia State University
Papers:
"Using Spatial Econometric Techniques to Estimate Hedonic Models" Kathleen Bell, University of Maryland
"Does Research Add Value to an Undergraduate Degree? A Hedonic Analysis" John K. Horowitz, University of Maryland V. Kerry Smith, Duke University
"Second-Stage Estimation of a Hedonic Model for Water Clarity" Kevin Boyle, University of Maine Steve Lawson, University of Maine Roy Bouschard, Maine Department of Environmental Protection
"A Hedonic Price Analysis of Coastal Erosion" George Parsons, University of Delaware Mike Powell, Delaware Department of Natural Resources and Environmental Control
Discussants: Paper Presenters
Saturday 8:30-10:15am ESA II
Session 82F What Facilitates Learning in Games and Markets?
Chair: Nick Feltovich, University of Houston
Papers:
"Comparison of Uniform Price and Vickrey Auction in a Simple Multi-unit Demand Environment" John Kagel, University of Pittsburgh Dan Levin, Ohio State University
"Magic on the Internet: Evidence from Field Experiments on Reserve Prices in Auctions" David Lucking-Reiley, Vanderbilt University
"Corporate Board Composition and Voting Behavior" Ann B. Gillette, Georgia State University Tom Noe, Georgia State University Mike Rebello, Georgia State University
"Contingent Bidding, Externalities, and the BICAP Auction" Paul Brewer, Georgia State University
Discussants: Douglas D. Davis, Virginia Commonwealth University Charles A. Holt, University of Virginia Nick Feltovich, University of Houston Charles R. Plott, California Institute of Technology
Saturday 8:30-10:15am CSWEP III
Session 83F Industrial Organization
Chair: Catherine Eckel, National Science Foundation
Papers:
"Change in Ownership and Public Finances in the United Kingdom: An Empirical Assessment" Chiara Gratton, Virginia Polytechnic Institute & State University
"How Big is Too Big for Hubs: An Analysis of Marginal Spoke Profitability" Leola Ross, Seattle University Stephen J. Schmidt, Union College
"Firm Structure and Choice of Technique: An Unexplored Determinant" Mary Orisich, University of Massachusetts - Amherst
"Comparing Social Feminism and Liberal Feminism: The Case of New Firm Growth" Nancy M. Carter, Marquette University Mary L. Williams, Widener University
Discussants: Kathryn H. Anderson, Vanderbilt University Richard Stemple, Texas Tech University
Saturday 8:30-10:15am SEA
Session 84F State and Local Government
Chair: Peter Maynard, Virginia Commonwealth University
Papers:
"State and Local Government and the Redistribution Objective" Roy Bahl, Georgia State University Jorge Martinez-Vasquez, Georgia State University Sally Wallace, Georgia State University
"Pension Migration: Fiscal Implications for the Origin State" Frederick W. Derrick, Loyola College Charles E. Scott, Loyola College
"Georgia's Job Tax Credit: An Analysis of the Characteristics of Eligible Firms" Dagney Faulk, Georgia State University
Discussants: Mary O. Borg, University of North Florida Laurent Martin, University of Maryland
Saturday 8:30-10:15am SEA
Session 85F Labor Markets
Chair: Tim Campbell, Bureau of Labor Market Information
Papers:
"Experience, Tenure, and the Perceptions of Employers" Danielle Lewis, Southeastern Louisiana University Dek Terrell, Louisiana State University
"The Regional Impact of Economic Transformation in the United States: II" Robert J. Ellis, Jr., Southern Illinois University - Carbondale (Emeritus) Cynthia Haliemun, Iowa Wesleyan College
"Regional Labor Market Dynamics Across the Forty-Eight United States" John K. Mullen, Clarkson University Martin Williams, Northern Illinois University
Discussants: W. David Allen, University of Alabama - Huntsville Andrew L.H. Parkes, Southwestern University
Saturday 8:30-10:15am SEA
Session 86F Market Structure, Firm Strategy, and Market Performance
Chair: Mary E. Deily, Lehigh University
Papers:
"Vertical Product Differentiation when Quality is Scarce: The Case of n > 3 Firms" Mark Frascatore, Clarkson University
"Market Approval for Orphan Drugs" Angela B. Ritzert, University of Kentucky
"Firm Performance and R&D Cooperation" Saloua Sehili, Georgia State University
"The Effect on Competitive Balance Due to the Redistribution of Inputs in Professional Sports: A Look at the National Hockey League" Dennis P. Wilson, University of Kentucky
Discussants: Thomas E. Cooper, Lyon College
Saturday 8:30-10:15am SEA
Session 87F Valuing the Environment and Pricing Pollution
Chair: Janusz R. Mrozek, Georgia Institute of Technology
Papers:
"Problems with Indicators: The Challenge of Critical Irreversibilities" Michael C. Farmer, Georgia Institute of Technology Alan Randall, Ohio State University
"Transactions Costs in Tradable Emissions Markets: An Empirical Study of the Regional Clean Air Incentives Market in Los Angeles" Lata Gangadharan, University of Southern California
"Measuring Recreation Benefits with Contingent Behavior Data: An Analysis of the Participation and Intensity Decision with Count Data Models" Timothy C. Haab, East Carolina University Ju-Chin Huang, East Carolina University John C. Whitehead, East Carolina University
"An Experimental Comparison of Open-Ended and Dichotomous Choice Valuation Responses Using a Revealed Preference Metric" James H. Murphy, Georgia State University
Discussants: Kevin Rask, Colgate University Fred E. Williams, Montreat College
Saturday 8:30-10:15am SEA
Session 88F Decision-Making Under Uncertainty
Chair: John R. McNamara, Lehigh University
Papers:
"Uncertainty, Information, and Investment" Fathali Firoozi, University of Texas - San Antonio
"Price Regulation, Demand Uncertainty and the Quality Setting Firm" Jorge Ibarra-Salazar, Instituto Technologico y de Estudios Superiores de Monterrey
"Expected Utility Maximizing Distributions for Common Utility Functions: Algorithms and Inference" John Burnett, University of Alabama - Huntsville Paul D. Thistle, Western Michigan University
"General Equilibrium Model of an Economy with Futures Market and Endogenous Industry Formation Based on Risk Aversion" Roman Cech, University of Virginia
Discussants: Brad Kamp, University of South Florida Raymundo Rodriguez, Instituto Technologico y de Estudios Superiores de Monterrey
Saturday 8:30-10:15am SEA
Session 89F The Role of Policy Intervention or Institutional Change in Economic Development
Chair: Penelope B. Prime, Kennesaw State University
Papers:
"Export Diversification in Markets?" Gian Abutalebi, University of Texas - Dallas Sheila Amin Gutierrez DePineres, University of Texas - Dallas
"Does Public Investment Enhance Productivity Growth in Chile? A Cointegration Analysis" Miguel D. Ramirez, Trinity University
"Recent Institutional Change in Guyana and its Impact on the Growth of Small Business" Joseph M. Perry, University of North Florida Stephen L. Shapiro, University of North Florida Louis A. Woods, University of North Florida
"Privatization and Inefficiency in Selected Sub-saharan African Countries" Ghirmay Ghebreysus, Grambling State University Osman Suliman, Millersville University
Discussants: Michael A. Anderson, Washington and Lee University
Saturday 8:30-10:15am SEA*
Session 90F* Intellectual Property Rights and Economic Progress
Chair: Francis W. Rushing, Georgia State University
Papers:
"Intellectual Property Rights and the Internet" Carole Ganz Brown, National Science Foundation
"The Effects of the Improvement of Intellectual Property Rights on the Prices of Pharmaceuticals: International Comparisons" Richard T. Rapp, National Economic Research Associates, Inc. Richard P. Rozek, National Economic Research Associates, Inc.
"Intellectual Property Rights as a Stimulus to Innovation" Francis W. Rushing, Georgia State University Mark A. Thompson, Marshall University
Discussants: David B. Audretsch, Georgia State University Michael B. Landau, Georgia State University Richard P. Rozek, National Economic Research Associates, Inc.
Saturday 8:30-10:15am SDAE I
Session 91F Current Research in Market Process Theory
Chair: Peter J. Boettke, Manhattan College
Papers:
"How Does the Rule of Law Solve the Economic Knowledge Problem?" M. Royce Van Tassell, Utah State University
"The Role of the Entrepreneur in the Neo-classical Theory of the Firm" Danny G. LeRoy, University of Guelph - Canada
"A Geographical Perspective on Austrian Economics" Pierre Desrochers, University of Montreal - Canada
Discussants: TBA
Saturday 8:30-10:15am ODE
Session 92F Omicron Delta Epsilon
Chair: James Bradley, Jr., University of South Carolina
Papers:
"Contribution of Human Capital to Economic Growth: A Comparative Study of Selected Countries" Adama Coulibaly, Howard University
"Country Risk in International Credit Markets: An Empirical Analysis of Risk Premium in LDC Borrowing" Nil Demircubuk, Clemson University
"Peer Rankings of Ph.D. Programs: Is There a Southern Bias?" Andre Thomas, University of Alabama
"Exchange Rate Dynamics Before a Monetary Union: The German Experience" Yu-Li Wang, University of Virginia
Discussants: Ilan Alon, Kent State University Zhengiu Liu, University of Tennessee Patrice K. Wadja, Howard University
Saturday 8:30-10:15am SEA*
Session 93F* Public Economics
Chair: Arthur Snow, University of Georgia
Papers:
"Optimal Nonlinear Income Taxation Without Commitment" Jonathan H. Hamilton, University of Florida Steven M. Slutsky, University of Florida
"Labor Market Integration, Investment in Risky Human Capital, and Fiscal Competition" David E. Wildasin, Vanderbilt University
"The Relationship Between Excess Burden and the Marginal Welfare Cost of Taxation" Arthur Snow, University of Georgia
Discussants: Dan A. Black, University of Kentucky Myra L. Moore, Texas Christian University Gregory A. Trandel, University of Georgia
Saturday 8:30-10:15am NAFE I
Session 94F Technical Aspects of Forensic Economics Practice
Chair: Luvonia J. Casperson, Louisiana State University
Papers:
"A Judgmental Model for Predicting the Length of the Wage Catch-up Period in Wrongful Termination Cases" James Plummer, QED Research, Inc.
"Cost-Benefit Analysis in Healthcare: Its Use by Forensic Economists" Bradley Hobbs, Ballarmine College Frank Slesnick, Ballarmine College
"An Approach for Dealing with Small Sample Sizes in Employment Discrimination Litigation" Michael J. Piette, Analytical Economics, Inc. Paul White, Economic Research Services, Inc.
Discussants: Bradley T. Ewing, Georgia Southern University S.B. Jones-Hendrickson, University of the Virgin Islands Patricia L. Pacey, Pacey Economics, Inc.
Saturday 10:30 - 12:15pm
Saturday 10:30am-12:15pm SEA*
Session 95G* Bank Powers and Corporate Structure
Moderator: Larry R. Mote, Office of the Comptroller of the Currency
Panelists: Philip F. Bartholomew, Office of the Comptroller of the Currency Harry Hassanwalia, The Royal Bank of Canada Larry D. Wall, Federal Reserve Bank of Atlanta
Saturday 10:30-am-12:15pm SEA*
Session 96G* Property Rights and Public Goods
Chair: Roger Meiners, University of Texas - Arlington
Papers:
"The Not So 'Wild Wild West': Property Rights Entrepreneurs on the Frontier" Terry Anderson, PERC Organization P.J. Hill, Wheaton College
"Public Good Aspects of Public Decisions" Richard L. Stroup, PERC Organization and Montana State University
"Public Sector Inefficiency in Large U.S. Cities" Philip Grossman, University of Texas - Arlington Panayiotis Mavros, Wayne State University Robert W. Wassmer, California State University - Sacramento
"Existence Value as an Externality" Donald J. Boudreaux, Clemson University Roger Meiners, University of Texas - Arlington
"Pigou and Coase: Who's Winning?" Bruce Yandle, Clemson University
Discussants: Fred McChesney, Cornell University Bruce Yandle, Clemson University
Saturday 10:30am-12:15pm SEA*
Session 97G Downs and Ups in the Number of Economics Majors (Trends in Undergraduate Economics Degrees: A 1995-96 Update)
Moderator: John J. Siegfried, Vanderbilt University
Panelists: David G. Brown, Wake Forest University Barbara Haskew, Middle Tennessee State University Clark Ross, Davidson College Michael Salemi, University of North Carolina
Saturday 10:30am-12:15pm SEA*
Session 98G* Oxford Economic Papers
Chair: William F. Shughart II, University of Mississippi
Papers:
"Auctions vs. Lotteries: Do Institutions Matter?" Robert Dorsey, University of Mississippi Laura Razzolini, University of Mississippi
"National and Regional Effects of Immigrants on Native Employment Levels" Tanja F. Blackstone, University of Mississippi Peter M. Williams, University of Mississippi
"Corruption and Drivers Licenses: A Game-Theoretic Approach" Atin Basuchoudhary, University of Mississippi John R. Conlon, University of Mississippi Laura Razzolini, University of Mississippi
"Co-Movement Between Economic Time Series in the Short, Medium and Long Run" Scott Gilbert, University of Mississippi
Discussants: James F. Couch, University of North Alabama Paul Pecorino, University of Alabama
Saturday 10:30am-12:15pm SEA*
Session 99G* Law and Economics: Retrospect and Prospect
Chair: Charles K. Rowley, Locke Institute and George Mason University
Papers:
"The Case Against the Common Law" Gordon Tullock, University of Arizona
"The Case in Favor of the Civil Code" Francesco Parisi, George Mason University
"Law and Economics and the Transition Economies" Paul H. Rubin, Emory University
"Law and Economics from an Economics Perspective" Charles K. Rowley, Locke Institute and George Mason University
Discussants: Francesco Parisi, George Mason University Charles K. Rowley, Locke Institute and George Mason University Paul H. Rubin, Emory University Gordon Tullock, University of Arizona
Saturday 10:30am-12:15pm SEA*
Session 100G* Economics of Religion
Chair: Gary Anderson, California State University - Northridge
Papers:
"Established Churches Aren't So Bad after All" Brooks Hull, University of Michigan - Dearborn Gerald F. Moran, Unaffiliated
"The Vertical Economic Organization of the Presbyterian Usa Church" Audrey B. Davidson, University of Louisville Robert B. Ekelund, Jr., Auburn University Robert D. Tollison, George Mason University
"The Economics of Immigrant Religion: The Experience of the American Jews as a Case Study" Carmel Chiswick, University of Illinois - Chicago
"Law, Economics and the Medieval Church" Gary Anderson, California State University - Northridge
Discussants: Panelists
Saturday 10:30am-12:15pm SEA*
Session 101G* The Economics of War and Peace
Chair: Dolores Martin, Eastern New Mexico University
Papers:
"The Federal Interest Burden of the American Civil War" William G. Gissy, Morehouse College
"Peace as an International Public Good" Jurgen Brauer, Augusta State University
"The Macroeconomics of War and Peace" John Wells, Auburn University
"Wars and Rumors of Wars: London Financial Markets During the War of Spanish Succession" Doug Wills, Sweet Briar College
Discussants: William G. Gissy, Morehouse College Randy McFerrin, Eastern New Mexico University John Wells, Auburn University Doug Wills, Sweet Briar College
Saturday 10:30am-12:15pm SEA*
Session 102G* Does State and Local Fiscal Policy Matter for Economic Growth?
Chair: Cecil E. Bohanon, Ball State University
Papers:
"State Cigarette Taxes: A Public Choice Perspective" Bill Hunter, Marquette University
"Marginal Tax Rates and State Economic Performance: Further Evidence" Zsolt Besci, Federal Reserve Bank of Atlanta
"Tax Structure and Economic Performance: Some Cross Sectional Evidence" Cecil E. Bohanon, Ball State University James E. McClure, Ball State University
Discussants: Alexander Tabarrock, Ball State University
Saturday 10:30am-12:15pm SEA*
Session 103G* Using the World-Wide Web in Economics Classes: A Round Table Discussion
Moderator: Gregory A. Trandel, University of Georgia
Roundtable Participants: David Boldt, State University of West Georgia Mark E. McBride, Miami University Mark Rush, University of Florida Scott P. Simkins, North Carolina A&T State University
Saturday 10:30am-12:15pm SEA
Session 104G Monetary and Fiscal Policy Issues: An International Perspective
Chair: K. Thomas Varghese, James Madison University
Papers:
"The Substitutability Between Money and Near Monies: An Investigation Utilizing Swiss Monetary Aggregates" Tammy A. Rapp, Northeast Louisiana University Subhash C. Sharma, Southern Illinois University
"Openness and Inflation: OECD Countries Revisited" Cynthia Royal Tori, University of North Carolina - Charlotte
"A Two-Country Model with Different Wage Structures: Some Implications for the EMU" Tao-Chen Yeh, University of Alabama
"Do Budget Deficits Really Affect Foreign Trade? An International Investigation" Hassan Mohammadi, Illinois State University Neil T. Skaggs, Illinois State University
Discussants: Alfred V. Guender, University of Canterbury - New Zealand Joachim Zietz, Middle Tennessee State University
Saturday 10:30am-12:15pm ESA III
Session 105G Reputation, Society, and Exchange
Chair: Catherine Eckel, National Science Foundation
Papers:
"Is Reputation a Substitute for Commitment in the Peasant-Dictator Game" John Van Huyck, Texas A&M University
"Does the Star Lose its Shine in Another Auction Institution?" Sheryl Ball, Virginia Polytechnic Institute & State University Catherine Eckel, National Science Foundation Philip Grossman, University of Texas - Arlington
"Cultural Determinants of Economic Success" Richard Beil, Auburn University T. Randolph Beard, Auburn University Yoshiharu Mataga, University of Kobe - Japan
Discussants: Heike Hennig-Schmidt, University of Bonn Jason Shachat, University of California - San Diego Steven Stewart, University of New Mexico
Saturday 10:30am-12:15pm CSWEP II
Session 106G Women's Labor Market and Health Issues
Chair: Mary L. Williams, Widener University
Papers:
"Why Doesn't She Leave: A Note on Domestic Violence" Laura Razzolini, University of Mississippi Marci Rossell, Federal Reserve Bank of Dallas
"From the Earth to My Bosom: Pesticides and Breast Cancer - A Model of Externalities and Decision Making" Beena Varghese, University of Memphis Shelley White-Means, University of Memphis
"Tackling Endogeneity: Alternatives for Analysis of Women's Employment and Child Care in Brazil" Deborah S. DeGraff, Bowdoin College Rachel Connelly, Bowdoin College Deborah Levison, University of Minnesota Brian McCall, University of Minnesota
"Earnings in the Social Sciences: An Analysis of the Effects of Graduate Education, Experience and Gender" Richard Stemple, Texas Tech University
Discussants: Elizabeth Patch, Bloomsburg University
Saturday 10:30am-12:15pm SEA
Session 107G Housing Policy
Chair: Steve Maguire, Georgia State University
Papers:
"Are Sections 8 Housing Subsidies Too High?" Amy D. Crews, Syracuse University Edgar O. Olsen, University of Virginia
"The Tax Treatment of Owner-Occupied Housing: Effects on Tenure Choice, and the Demands for Housing, Mortgage Debt, and Nonhousing Assets" Ellen A. Merry, University of Virginia
"The Distribution of Benefits from the Mortgage Interest Deduction" David H. Eaton, Murray State University
Discussants: James R. Wilbanks, Office of State Finance (Oklahoma City) Moin A. Yahya, University of Toronto
Saturday 10:30am-12:15pm SEA
Session 108G Health Economics II
Chair: Christoph Schenzler, Vanderbilt University
Papers:
"The Impact of Federal Guideline Changes on Medicaid Outcomes" Julianne Sakowski, Texas Woman's University
"Characteristics of Children and Families Enrolled in the Bluechip/Caring Programs" Judith Lave, University of Pittsburgh Chyongchiou Jeng Lin, University of Pittsburgh
"Biodiversity Prospecting and the Pharmaceutical Firm" Tori Hopper Knight, North Carolina State University Marie Truesdell, University of Georgia
Discussants: Darren Grant, Georgia Southern University John B. Horowitz, Ball State University
Saturday 10:30am-12:15pm SEA
Session 109G Exchange Rates
Chair: David D. Van Hoose, University of Alabama
Papers:
"The Behavior of the Real Exchange Rate under Fixed and Floating Exchange Rate Regimes" Selahattin Dibooglu, Southern Illinois University Faik Koray, Louisiana State University
"Foreign Direct Investment and the Real Exchange Rate: The Business Cycle Link" Jane Ihrig, University of Virginia Keven McIntyre, University of Virginia
"A Numerical Simulation of the Relationship Between Savings and the Real Exchange Rate for Small, Open Economies" John McDermott, University of South Carolina Roy L. McLean, University of Southwestern Louisiana
"Exchange Rates, International Relative Prices, and Preferences" Elvan Ozlu, American Express - Phoenix Jeff Wrase, Federal Reserve Bank of Philadelphia
Discussants: Frank R. Gunter, Lehigh University Yoonbai Kim, University of Kentucky
Saturday 10:30am-12:15pm SEA
Session 110G Environmental Regulation in Local and Global Contexts
Chair: Kevin Rask, Colgate University
Papers:
"Deforestation, Aid and Uncertain Enforcement Costs" Paul E. Chambers, Central Missouri State University Richard Jensen, University of Kentucky
"Enforcement Costs and Environmental Regulatory Instruments" Andrew G. Keeler, University of Georgia Janusz R. Mrozek, Georgia Institute of Technology
"Joint Implementation Projects as a Signaling Game" Niels Nannerup, Aarhus School of Business
"Policy Instruments to Protect Pristine Environments from Subsidence" William D. Watson, Georgia Institute of Technology
Discussants: James H. Murphy, Georgia State University Denise L. Stanley, University of Tennessee
Saturday 10:30am-12:15pm SEA
Session 111G Market Dominance: Causes and Consequences
Moderator: David Rosenbaum, University of Nebraska - Lincoln
Panelists:
"Cigarettes" Walter Adams, Trinity University James W. Brock, Miami University
"Microsoft" Rochelle Ruffer, Youngstown State University Donald Waldman, Colgate University
General Conclusions:
David Rosenbaum, University of Nebraska - Lincoln
Commenting:
Luke Froeb, Vanderbilt University Stephen Martin, University of Copenhagen
Saturday 10:30am-12:15pm SEA
Session 112G Empirical Industry Studies
Chair: Stephen J. Schmidt, Union College
Papers:
"A Bayesian Stochastic Frontier Analysis of the Efficiency of U.S. Nuclear Power Plants" Edward C. Kokkelenberg, State University of New York - Binghamton Julien Van Den Broeck, University of Antwerp - Belgium
"The Productivity of Computers: An Input-Output Approach" Douglas M. Brown, Georgetown University Francis J. Cronin, Hagler Bailly Consulting, Inc.
"A Microeconomic Analysis of Barter in Broadcasting Industry" Akbar Marvasti, University of Houston - Downtown
Discussants: Henry E. Kilpatrick, Jr., George Mason University
Saturday 10:30am-12:15pm SEA
Session 113G Selected Topics in Economic Development
Chair: Miguel D. Ramirez, Trinity University
Papers:
"A Cost Function Analysis of the Mexican Nonelectrical Machinery Industry" Dale B. Truett, University of Texas - San Antonio Lila J. Truett, University of Texas - San Antonio
"Irreversibility of Investment and Uncertainty: Evidence from the OECD Countries" Rajeev K. Goel, Illinois State University Rati Ram, Illinois State University
"Capital Structures in Developing Countries" Anuja Rajbhandary, Emory University
Discussants: Arthur Caplan, Weber State University Stephen L. Shapiro, University of North Florida
Saturday 10:30am-12:15pm SDAE II
Session 114G Austrian Macro and Monetary Theory
Chair: Steven Horwitz, St. Lawrence University
Papers:
"Variations on the Austrian Monetary Theme: Mises and Schumpeter on the Business Cycle" Richard Ebeling, Hillsdale College
"Deflation and Monetary Calculation" Joseph Salerno, Pace University
"The Effects of the Term Structure of Interest Rates on the Structure of Production" Paul Cwik, Auburn University
Discussants: William Butos, Trinity University Steven Horwitz, St. Lawrence University Peter Lewin, University of Dallas
Saturday 10:30am-12:15pm SEA*
Session 115G* Industrial Organization Topics
Chair: Craig A. Depken II, University of Texas - Arlington
Papers:
"The Role of Switching Costs in a Durable Goods Market" Julie Hunsaker, Wayne State University
"The Effect of Free Agency on Managerial Efficiency" Michael R. Butler, Texas Christian University Myra L. Moore, Texas Christian University
"NAFTA as a Means of Raising Rivals' Costs" Craig A. Depken II, University of Texas - Arlington Jon M. Ford, University of Texas - Arlington
"Competitiveness and Cyclical Growth" Clifton M. Loo, Experian
Discussants: Thursten Fischer, University of Georgia Kamal P. Upadhyaya, Pennsylvania State University/Berks-Lehigh Valley College
Saturday 10:30am-12:15pm SEA*
Session 116G* Economics of Political Institutions
Chair: Roger L. Faith, Arizona State University
Papers:
"Districts, Diversity and the Generality of Fiscal Policy" W. Mark Crain, George Mason University
"Constitutional Theory and the Constitutional History of Colonial America" Randall G. Holcombe, Florida State University
"An Economic Theory of Political Parties" Roger L. Faith, Arizona State University
"The Political Economy of the RECLAIM Emissions Market for Los Angeles: Analysis of Choices of Regulatory Scope and Regulatory Instrument" Dale Thompson, Washington University
Discussants: TBA
Saturday 10:30am-12:15pm NAFE II
Session 117G Current Issues in Forensic Economics
Chair: Michael J. Piette, Analytical Economics, Inc.
Papers:
"Pleasure Analysis and the Value of Life Literature: Three Different Approaches to Hedonic Damage Testimony" Thomas R. Ireland, University of Missouri - St. Louis
"An Examination of Historical Net Discount Rate Relationships Relative to Medical Care Costs" Gregory Gelles, University of Missouri - Rolla Walter D. Johnson, University of Missouri - Rolla
"Moral Hazards, Subrogation and Economic Efficiency" Melvin Hughes, Valuations & Consulting
Discussants: Thomas R. Ireland, University of Missouri - St. Louis James D. Rogers, Pennsylvania State University Melville Z. Wolfson, Forensic Economics, Inc.
Saturday 1:30 - 3:15pm
Saturday 1:30-3:15pm SEA*
Session 118H* Milton Friedman's Legacy as a Teacher
Chair: J. Daniel Hammond, Wake Forest University
Papers:
"What Made Milton Friedman Distinctive as a Teacher?" Gerald P. Dwyer, Jr., Federal Reserve Bank of Atlanta and Clemson University
"The Notes for Milton Friedman's Price Theory Course: Economics 300 at the University of Chicago" David I. Fand, George Mason University
"The Formation of Intellectual Consensus: A Study of Friedman's Monetarism" Robert Hetzel, Federal Reserve Bank of Richmond
"Observations on a Constant Teacher by a Graduate Student Emeritus" Richard H. Timberlake, Jr., University of Georgia
Discussants: Phillip D. Cagan, Columbia University George Macesich, Florida State University
Saturday 1:30-3:15pm SEA*
Session 119H* Trade and Human Rights in China
Chair: James A. Dorn, Cato Institute
Papers:
"Trade and Human Rights: The Case of China" James A. Dorn, Cato Institute
"Economic Liberalization and the Growth of China's Civil Society" Minxin Pei, Princeton University
"Trade Rules, Rights and Obligations: China and the WTO System" Hugh Corbet, George Washington University
Discussants: Zhaohui Hong, Savannah State University Penelope B. Prime, Kennesaw State University
Saturday 1:30-3:15pm SEA*
Session 120H* Perspectives on Concealed Weapons
Chair: Paul H. Rubin, Emory University
Papers:
"Mass Public Shootings, Bombings, and the Right-to-carry Concealed Handguns" William Landes, University of Chicago John R. Lott, Jr., University of Chicago
"Lives Saved or Lives Lost: The Effect of Concealed Handgun Laws on Crime" Hashem Dezhbakhsh, Emory University Paul H. Rubin, Emory University
"Do Right to Carry Laws Deter Violent Crime? Taking the 'Con' out of Econometrics" Alan Bartley, Vanderbilt University Mark Cohen, Vanderbilt University Luke Froeb, Vanderbilt University
Discussants: Bruce L. Benson, Florida State University James B. Kau, University of Georgia George Shepherd, Emory University
Saturday 1:30-3:15pm SEA*
Session 121H* Seemingly Unrelated Session Topics
Chair: David W. Kreutzer, James Madison University
Papers:
"Preliminary Evidence on the Relationship Between Expressiveness and Voter Turnout" David N. Laband, Auburn University Cassandra Copeland, Auburn University
"Kinder and Gentler vs Rational and Practical: A Candidate Comparative Advantage Explanation for Ticket-Splitting" David W. Kreutzer, James Madison University
"Regulatory Federalism: Is Devolution the Solution or is Preemption Preferable?" David J. Zorn, Food and Drug Administration Fletcher Mangum, Planning and Budget, Commonwealth of Virginia
Discussants: Philip Grossman, University of Texas - Arlington
Saturday 1:30-3:15pm SEA*
Session 122H* Can Experimental Methods Provide Relevant Insights for Environmental Damage Assessment?
Moderator: Ronald G. Cummings, Georgia State University
Panelists:
"Limitations on Experimental Methods for Identifying Biases in the CVM: The Circumstances of Choice" Carol Mansfield, Duke University V. Kerry Smith, Duke University
"Experimental Methods and the 'Circumstances of Choice': Empirical Evidence" Laura L. Osborne, Georgia State University
"Impacts of Choice Settings on CV Values" Jason Shogren, University of Wyoming
"Experimental Explorations Related to 'Option Value'" David Bjornstad, Oak Ridge National Laboratory
Saturday 1:30-3:15pm SEA*
Session 123H* Deregulation of Electric Utilities
Chair: A. H. Barnett, Auburn University
Papers:
"Benchmarking Electric Utility Transmission Performance" Robert F. Cope III, Louisiana State University David E. Dismukes, Louisiana State University Dmitry Mesyanzhinov, Louisiana State University
"Electric Reliability and Deregulation" John Chilton, Columbia, SC Ronald P. Wilder, University of South Carolina
"Regulation and Investment: Evidence from the Electric Utility Industry" Thomas P. Lyon, Indiana University John W. Mayo, Georgetown University
"Lesson from the History of Electric Utility Regulation" A. H. Barnett, Auburn University Keith Reutter, Auburn University
Discussants: Chien-Ping Chen, University of Houston George Ford, MCI Telecommunications Monica Greer, University of Kentucky Christopher C. Klein, Tennessee Regulatory Authority Henry Thompson, Auburn University
Saturday 1:30-3:15pm SEA*
Session 124H* Rent Seeking and Over-Dissipation?
Chair: Gordon Tullock, University of Arizona
Papers:
"Multiple Buyers, Rent-defending and the Observed Social Costs of Monopoly" Douglas D. Davis, Virginia Commonwealth University Robert Reilly, Virginia Commonwealth University
"The Size of the Prize - Testing Rent-Dissipation when Transfer Quantity is Endogenous" Elisabet E.H. Rutstrom, University of South Carolina David Bullock, Unaffiliated
"Rent Seeking with Bounded Rationality: An Analysis of the All-Pay Auction" Simon Anderson, University of Virginia Jacob Goeree, University of Virginia Charles A. Holt, University of Virginia
Discussants: Susan K. Laury, University of South Carolina Gordon Tullock, University of Arizona
Saturday 1:30-3:15pm SEA*
Session 125H* The Impact of International Trade on the Local/State Economies
Chair: Esmael Adibi, Chapman University
Papers:
"Challenges of Measuring Economic Impact of International Trade in the Heartland" Carlene Hill, Wichita State University
"The Economic Impact of the U.S. Mexico Trade Increase on Arizona" Timothy Hogan, Arizona State University
"The Attraction of the Foreign Visitors to the U.S.: Case of Air Travel to the Grand Canyon" R. Keith Schwer, University of Nevada - Las Vegas
Discussants: Paper Presenters
Saturday 1:30-3:15pm SEA*
Session 126H* Economics Courses Enhanced by Computers
Chair: David G. Brown, Wake Forest University
Papers:
"Teaching Economics with Technology: Stories, Not Theory" Barry Keating, University of Notre Dame
"Dilemmas of Abundance: Choosing the 'Right' Technologies for the Introductory Economics Class" Perry Patterson, Wake Forest University
"Instructional Effectiveness and the Web" Betty J. Blecha, San Francisco State University
"The Economists' Way of Thinking: A First Year Seminary at Wake Forest University Inspired by John Siegfried's Presidential Address" David G. Brown, Wake Forest University
Discussants: Tod S. Porter, Youngstown State University John J. Siegfried, Vanderbilt University
Saturday 1:30-3:15pm SEA
Session 127H Dynamic Affects of Monetary and Fiscal Policy
Chair: Terry Ashley, University of South Alabama
Papers:
"The Dynamic Effects of Monetary Policy: Comparing and Combining Estimates Using Short-Run and Long-Run Identifying Restrictions" William D. Lastrapes, University of Georgia
"A VAR Model of Investment and Endogenous Capital Utilization" Eshragh Motahar, Union College
"A New Markov Switching Estimator with an Application to New Classical Macroeconomics" David Tufte, University of New Orleans
"The Dynamics of Foreign Debt, Direct Foreign Investment and Exchange Rate: Evidence from Pakistan and Sri Lanka" Muhammad Mustafa, South Carolina State University Matiur Rahman, McNeese State University
Discussants: David C. Black, University of Toledo Robert S. Chirinko, Emory University
Saturday 1:30-3:15pm SEA*
Session 128H* Efficiency and Productivity
Chair: C.A. Knox Lovell, University of Georgia
Papers:
"Multiproduct Frontier Cost Analysis of Federal Reserve Payments Processing" Paul W. Bauer, Federal Reserve Bank of Cleveland Gary D. Ferrier, University of Arkansas
"Measures of Standard and Regulated Productive Efficiency Change in the Interstate Natural Gas Industry" Gerald Granderson, Miami University Carl Linvill, University of Arkansas
"Measurement of TFP Growth and Technical Change: A Parametric Approach" Almas Heshmati, Gothenburg University - Sweden Lennart Hjalmarsson, Gothenburg University - Sweden Subal C. Kumbhakar, University of Texas
"Financial Liberalization and the Relative Efficiency of Thai Banks" Jonathan E. Leightner, Augusta State University C.A. Knox Lovell, University of Georgia
Discussants: Herbert G. Thompson, Jr., Christensen Associates
Saturday 1:30-3:15pm CSWEP I
Session 129H Panel on Women's Progress in Academics
Moderator: TBA
Panelists: Beth Allen, University of Minnesota Robyn Bartlet, Denison University Catherine Eckel, National Science Foundation
Saturday 1:30-3:15pm SEA
Session 130H Determinants and Influences of Wages and Unemployment
Chair: Vikram Kumar, Davidson College
Papers:
"The Impact of Psychological and Human Capital on Wages" William A. Darity, Jr., University of North Carolina Arthur H. Goldsmith, Washington and Lee University Onathan R. Veum, U.S. Bureau of Labor Statistics
"Unemployment Rate Differences by Race, Gender and Level of Education" Charles Waldauer, Widener University Hamid Zangeneh, Widener University
"A Kalman-filter Approach to Estimating the Natural Rate of Unemployment" Victor V. Claar, West Virginia University
"Spatial Interactions Among U.S. Cities" Linda Harris Dobkins, Emory and Henry College Yannis M. Ioannides, Tufts University
Discussants: Mobinul Huq, University of Saskatchewan Yi Liu, University of South Alabama
Saturday 1:30-3:15pm SEA
Session 131H Elementary and Secondary Education
Chair: James Cobbe, Florida State University
Papers:
"Productivity and Quality in Swedish Schools" Rolf Fare, Southern Illinois University Shawna Grosskopf, Southern Illinois University Finn Forsund, University of Oslo - Norway Kathy Hayes, Southern Methodist University Almas Heshmati, Gothenburg University - Sweden
"Household Demand for Schooling in Indonesia: Accounting for Quality Differences" Armida S. Alisjahbana, Padjadjaran University - Indonesia
"The Impact of Selective Migration and Endogenous Schooling on Wages in Peru" Gustavo Angeles, University of North Carolina
Discussants: Mary Jean Horney, Furman University Petur O. Jonsson, Fayetteville State University
Saturday 1:30-3:15pm SEA
Session 132H Antitrust
Chair: J. Rody Borg, Jacksonville University
Papers:
"The Use and Abuse of Kodak in Franchise Tying Suits" Roger D. Blair, University of Florida Jill Boylston Herndon, Hamline University
"Unwitting Accomplices: How the State of Wisconsin Reduces Competition in Gasoline Markets" James I. Brannon, University of Wisconsin - Oshkosh Jeffrey Bruss, University of Wisconsin - Oshkosh Frank Kelly, Indiana University-Purdue University at Indianapolis and Indiana Department of Transportation
"Efficient Equipment Maintenance and Systems Competition" Kenneth G. Elzinga, University of Virginia David E. Mills, University of Virginia
"Predatory Pricing as an Agency Problem: An Empirical Investigation" Christopher R. Thomas, University of South Florida
Discussants: Stephen J. Schmidt, Union College
Saturday 1:30-3:15pm SEA
Session 133H Evaluating Courses and Departments
Chair: John J. Bethune, University of Tennessee - Martin
Papers:
"College Students' Valuation of Economics Courses: An Application of the Hedonic Method" Omer Gokcekus, North Carolina Central University
"Ranking Economics Departments Through Graduate Success: An Alternative Ranking Approach" Jeffery T. Collins, Lincoln Memorial University Thomas R. Sadler, University of Tennessee
"Are Articles and Books Complements or Substitutes for Economists?" Joe C. Davis, Trinity University John H. Huston, Trinity University Debra M. Patterson, Trinity University
Discussants: Nancy J. Burnett, University of Wisconsin - Oshkosh Frank Lee Maddox, Oxford College of Emory University
Saturday 1:30-3:15pm SEA
Session 134H Theoretical Microeconomics and Game Theory
Chair: Stratford Douglas, West Virginia University
Papers:
"Learning by Doing and the Search for Knowledge" John R. Conlon, University of Mississippi Norman Keith Womer, University of Mississippi
"Boundedly Rational Equilibria in One-Shot Games" C. Monica Capra, University of Virginia
"Modeling the Fur Trade as a Game under Different Time Horizons" Ann Harper Fender, Gettysburg College
Discussants: Christopher R. Bollinger, Georgia State University Jiarong Fu, University of North Dakota
Saturday 1:30-3:15pm SEA
Session 135H Economic Development, Oil, and Income Distribution
Chair: Rajeev K. Goel, Illinois State University
Papers:
"The Kuznets Process, Income Distribution and Development: A Study Using the Gini Coefficient" Andreas Savvides, Oklahoma State University
"The Potential of the Arab Gulf States Will be Moving Toward Developing Stage in the Future" Mohammed A. Dabbagh, Abu Dhabi Investment Authority
"A Comparative Analysis of the Development in Oil Intensities in Developing and Industrialized Countries" Jan Bentzen, Aarhus School of Business
"Determinants of Economic Growth and Energy in Korea" Yong U. Glasure, Wayland Baptist University
Discussants: Jane Ihrig, University of Virginia Sanjay Paul, St. Norbert College
Saturday 1:30-3:15pm SEA*
Session 136H* Economic Development vs. Environmental Protection
Chair: Richard Jensen, University of Kentucky
Papers:
"Integrating Ecological Complexity into Economic Incentives for Sustainable Use of Amazonian Rainforests" James R. Kahn, University of Tennessee Frank McCormick, University of Tennessee Vicente De Paula Queiroz Nogueira, Instituto de Protecao Ambiental do Amazonas - Brazil
"Deforestation and Urban Development in the State of Amazonas: The Manaus Free Trade Zone Influence" Alexandre Rivas, University of Tennessee and Universidade do Amazonas
"Deforestation, Trade and Environmental Aid" Paul E. Chambers, Central Missouri State University Richard Jensen, University of Kentucky
Discussants: TBA
Saturday 1:30-3:15pm SDAE III
Session 137H Market Process and the Theory of the Firm
Chair: Peter Lewin, University of Dallas
Papers:
"The Origins of Entrepreneurial Opportunities" Randall G. Holcombe, Florida State University
"The Entrepreneurial Firm" Frederic Sautet, New York University
"Capital Structures and Organizational Structure" Peter Lewin, University of Dallas
Discussants: Donald J. Boudreaux, Clemson University Anthony Carilli, Hampden-Sydney College Richard Ebeling, Hillsdale College
Saturday 1:30-3:15pm SEA
Session 139H Adam Smith Goes to Moscow
Moderator: Walter Adams, Trinity University
Panelists: Anders Aslund, Carnegie Endowment for International Peace James W. Brock, Miami University Marshall I. Goldman, Harvard University and Wellesley College
Saturday 1:30-3:15pm SEA
Session 140H Economic Education and Technology
Moderator: David Anderson, Centre College
Panelists:
"Tutorial Software" David Anderson, Centre College
"Data, Information, and the Internet" Kim Marie McGoldrick, University of Richmond
"Electronic Visual Aids" Michael Rollosson, Rhodes College
Additional Panelists: Carl Brookings, Millsaps College Bob Brownlee, Centre College Erik D. Craft, University of Richmond Jorge G. Gonzalez, Trinity University Jill M. Hendrickson, University of the South David J. Hoaas, Centenary College Bruce Johnson, Centre College Nipoli Kamdar, Trinity University Kailash Khandke, Furman University Harry Kypraios, Rollins College Charles C. Orvis, Rhodes College Ken Peterson, Furman University Pat Raines, University of Richmond Elizabeth L. Rankin, Centenary College Ronald A. Stunda, Birmingham-Southern College
Susan Taylor, Millsaps College Steve Winrich, Centre College Mary E. Young, Southwestern University
Saturday 3:30 and After
Session 141J* Southern Economic Association - Presidential Address
Session 142 Southern Economic Association - Business Meeting
Session 143 George Mason University - Center for the Study of Public Choice - Cocktail Party (Cash Bar)
Session 144 University of North Carolina at Chapel Hill - Department of Economics - Cocktail Party (Cash Bar)
Session 145 University of Kentucky - Department of Economics - Cocktail Party (Cash Bar)
Session 146 Committee on the Status of Women in the Economics Profession - Business Meeting and Cocktail Party (Cash Bar)
Session 147 Oklahoma State University Economistics Society - Cocktail Party
Session 148 University of Georgia - Department of Economics - Cocktail Party (Cash Bar)
Session 149 University of Virginia - Department of Economics - Cocktail Party (Cash Bar)
Session 150 Georgia State University - Department of Economics - Cocktail Party (Cash Bar)
Session 150K Society for the Development of Austrian Economics - Dinner and Presidential Address
Saturday 3:30-4:45pm SEA*
Session 141J* Southern Economic Association - Presidential Address
Introduction: Dwight R. Lee, University of Georgia President-Elect, Southern Economic Association
Speaker: William A. Darity, Jr., University of North Carolina President, Southern Economic Association
Topic:
"Theories of Intergroup Inequality"
Saturday 4:30-4:45pm SEA
Session 142 Southern Economic Association - Business Meeting
Chair: William A. Darity, Jr., University of North Carolina
President, Southern Economic Association
Saturday 5:00-6:00pm
Session 143 George Mason University - Center for the Study of Public Choice - Cocktail Party (Cash Bar)
Saturday 5:00-6:30pm
Session 144 University of North Carolina at Chapel Hill - Department of Economics - Cocktail Party (Cash Bar)
Saturday 5:00-6:00pm
Session 145 University of Kentucky - Department of Economics Cocktail Party (Cash Bar)
Saturday 5:00-6:30pm CSWEP
Session 146 Committee on the Status of Women in the Economics Profession - Business Meeting and Cocktail Party (Cash Bar)
In honor of women in the job market. Everyone welcome.
Saturday 5:00-6:30pm
Session 147 Oklahoma State University Economistics Society Cocktail Party
Saturday 5:30-7:00pm
Session 148 University of Georgia - Department of Economics Cocktail Party (Cash Bar)
Saturday 6:00-8:00pm
Session 149 University of Virginia - Department of Economics Cocktail Party (Cash Bar)
Saturday 6:00-8:00pm
Session 150 Georgia State University - Department of Economics Cocktail Party (Cash Bar)
Saturday 6:00-10:00pm SDAE
Session 150K Society for the Development of Austrian Economics - Dinner and Presidential Address
Speaker: Karen I. Vaughn, George Mason University
Sunday 8:30 - 10:15am
Sunday 8:30-10:15am SEA*
Session 153M* Topics in Human Capital
Chair: Larry Singell, Jr., University of Oregon
Papers:
"Extended Unemployment Compensation: Recipient Response to Changes in Benefit Length: A Duration Analysis Approach" Brett Noel, University of Kentucky
"Why do Part-Time Workers Earn Less? The Role of Worker and Job Skills" Justin Graham, Florida State University Barry Hirsch, Florida State University
"How Likely Can Employees Become Self-Employed? An Analysis Based on the Monitoring Cost Characteristics of Occupations" John Garen, University of Kentucky
"A Test of the Signaling Hypothesis" Larry Singell, Jr., University of Oregon
Discussants: Daniel P. McMillen, Tulane University Larry Singell, Sr., University of Colorado Joe Stone, University of Oregon Dek Terrell, Louisiana State University
Sunday 8:30-10:15am SEA*
Session 154M* The New Institutional Economics: Applications and Evidence
Chair: Peter G. Klein, University of Georgia
Papers:
"A Practice Without Defenders: Interfirm Collusion in Historical Perspective" Janice Rye Kinghorn, New School for Social Research Randall Nielsen, Kettering Foundation
"The Political Economy of Wilderness Mining" David E. Gerard, Political Economy Research Center
"Diversification, Organization, and Performance: Evidence from Bank Holding Companies" Peter G. Klein, University of Georgia Marc R. Saidenberg, Federal Reserve Bank of New York
Discussants: Mark L. Brandly, Auburn University Jason Taylor, University of Georgia
Sunday 8:30-10:15am SEA*
Session 155M* Issues in Civil Liability and Damages
Chair: Harold W. Elder, University of Alabama
Papers:
"Should Providers of Recreational Facilities Be Liable for Accidents" Guanghui Li, University of Connecticut Thomas J. Miceli, University of Connecticut Kathleen Sergerson, University of Connecticut
"Legal Expenditures as a Rent-seeking Game" Amy Farmer, University of Tennessee Paul Pecorino, University of Alabama
"The Economic Impact of Punitive Damage Awards" Harold W. Elder, University of Alabama
Discussants: Amy D. Gibson, University of Alabama Paul Pecorino, University of Alabama
Sunday 8:30-10:15am SEA*
Session 156M* Environmental Issues
Chair: John C. Moorhouse, Wake Forest University
Papers:
"Should Risk Assessment be Separated from Risk Management? An Analytical Approach" Andrew J. Yates, Wake Forest University
"The Value of Apparel Ecolabel: Evidence from Retail Price Data" John Beghin, North Carolina State University
"Ecological and Economic Systems" John C. Moorhouse, Wake Forest University
Discussants: Richard A. Stout, Knox College Andrew J. Yates, Wake Forest University
Sunday 8:30-10:15am SEA*
Session 157M* Taxes and Budgets
Chair: Wilson Mixon, Berry College
Papers:
"VAT Revenues in the Russian Federation: An Administrative Analysis" Jo Beth Martins, Hobart and William Smith Colleges Jean Tesche, U.S. Treasury Resident Tax Advisor - Federation of Bosnia and Herzegovina
"Taxes, Infrastructure, and Growth: Evidence from the States" Frank Stephenson, Berry College
"Wagner's 'Law': A Statistical Relationship or the Result of the Budgetary Process?" Soumaya Tohamy, Berry College
Discussants: James R. Marchand, Westminster College - Salt Lake City Wilson Mixon, Berry College Michael F. Patrono, Berry College
Sunday 8:30-10:15am SEA*/SDAE
Session 158M* Rationality, Institutions and the Market Process
Chair: Karen I. Vaughn, George Mason University
Papers:
"The Application of Scientific Rationality to Economic Rationality" David Harper, New York University
"Paradigms and Conventions: A Perspective on the Market" Young Back Choi, St. John's University - Long Island
"Institutions and the Market" Chrysostomos Mantzavinos, University of Freiburg
"Discovery and the Deep Self" Daniel B. Klein, Santa Clara University
Discussants: Karen I. Vaughn, George Mason University
Sunday 8:30-10:15am SEA
Session 159M Business Loans and Investment
Chair: Arthur H. Goldsmith, Washington and Lee University
Papers:
"How Will Consolidation Impact Lending to Small Business? An Analysis of Small Bank Portfolios" Ronnie J. Phillips, Colorado State University James H. Rauch, Colorado State University
"The Firm Demand for Liquid Assets in an Inflationary Environment" Paul A. Natke, Central Michigan University
"Investment, Cash Flow, and Financing Constraints: Evidence from U.S. Petroleum Industry" Neal Davis, U.S. Department of Energy H. Youn Kim, Western Kentucky University
"Internal Cash Flow, Collateral, and Business Investment" Jon Vilasuso, Clarkson University
Discussants: Michael R. Dowd, University of Toledo
Sunday 8:30-10:15am SEA
Session 160M Prices, Business Fluctuations, and Cycles
Chair: Frank G. Steindl, Oklahoma State University
Papers:
"Producer and Consumer Price Levels: A Cost-Push or Demand-Pull Relationship?" Willie Belton, Georgia Institute of Technology Edward J. Sullivan, Jacksonville State University
"A Neutral Network Forecast of Quarterly Real GDP with Learning Capability and Use of Monthly Data" Jiarong Fu, University of North Dakota
"Two New Tests of Business Cycle Duration Dependence" David Tufte, University of New Orleans
"Has Greater Competition Restrained U.S. Inflation?" David D. Van Hoose, University of Alabama
Discussants: Victor V. Claar, West Virginia University Jeff Wrase, Federal Reserve Bank of Philadelphia
Sunday 8:30-10:15am SEA
Session 161M Higher Education
Chair: Kathy Hayes, Southern Methodist University
Papers:
"A Longitudinal Analysis of the Multiple Effects of a Specialized Graduate Program in Economics" Sam A. Allgood, University of Nebraska - Lincoln William B. Walstad, University of Nebraska - Lincoln
"School Characteristics and the Demand for College" Trisha Bezmen, University of Georgia Craig A. Depken II, University of Texas - Arlington
"Signaling, Adverse Selection, and Grade Inflation" Petur O. Jonsson, Fayetteville State University
"The Role Model Effect in Undergraduate Economics" Nancy J. Burnett, University of Wisconsin - Oshkosh
"Alumni Giving in a Life-Cycle Framework: Evidence from a Liberal Arts College" Phanindra V. Wunnava, Middlebury College
Discussants: Shawna Grosskopf, Southern Illinois University Chad Moutray, Robert Morris College
Sunday 8:30-10:15am SEA
Session 162M Caring for the Elderly
Chair: Vivian Valdmanis, University of Oklahoma
Papers:
"Nursing Home Care Availability in the U.S." O. David Gulley, Bentley College Rexford Santerre, Bentley College
"Single-Person Households and the Elderly: Implications for Home Health Care" Marietta A. Constantinides, Lehigh Carbon Community College
Discussants: Thomas S. Dee, Georgia Institute of Technology Edward J. Schumacher, East Carolina University
Sunday 8:30-10:15am SEA
Session 163M Labor Economics
Chair: Douglas M. Brown, Georgetown University
Papers:
"Exceptional Contributions to Science and Engineering in the United States" Sharon G. Levin, University of Missouri - St. Louis Paula E. Stephan, Georgia State University
"Contingent Workers and Non-Standard Work Arrangements: Evidence from the Contingent Worker Survey" Douglas A. Fox, Economic Research Services, Inc.
"A Labor Force Gross Flows Simulation Model" Tim Campbell, Bureau of Labor Market Information
"Valuing Unwanted Leisure in Monetary Terms" Michael M. Fabritius, University of Mary Hardin - Baylor Paul M. Mason, University of North Florida
Discussants: Marie D. Connolly, Chatham College Charles E. Scott, Loyola College
Sunday 8:30-10:15am SEA
Session 164M Topics in Public Choice
Chair: Michael C. Farmer, Georgia Institute of Technology
Papers:
"Macroeconomic Determinants of Presidential Popularity in the Gallup Polls from Dwight Eisenhower to George Bush" Frederick J. Oerther III, Greensboro College
"Media Scrutiny and the Quality of Public Officials" Daniel Sutter, University of Oklahoma
"Political Hierarchies and Political Shirking" Daniel Sutter, University of Oklahoma
"Is There a Free-Rider Problem in Lobbying? Endogenous Tariffs, Trigger Strategies, and the Number of Firms" Paul Pecorino, University of Alabama
Discussants: Clarence C. Morrison, Indiana University William Stewart Mounts, Jr., Mercer University
Sunday 8:30-10:15am SEA
Session 165M What's On the Internet for Economists: An Update
Chair: William L. Goffe, University of Southern Mississippi
Participants: George D. Greenwade, Sam Houston State University Robert P. Parks, Washington University
Sunday 8:30-10:15am ESA IV
Session 166M Risky Business: Decisions Involving Bargaining and Risk
Chair: David Bowes, Georgia State University
Papers:
"Risk Attitudes and Non-Compliance Penalties in Competition Between Firms" Paul Brown, University of Massachusetts - Boston Steven Stewart, University of New Mexico
"On the Irrelevance of Risk Attitudes" Jason Shachat, University of California - San Diego John Wooders, University of Arizona
"Break-offs in Bargaining: An Anomoly?" Heike Hennig-Schmidt, University of Bonn
"An Experimental Analysis of the Impact of Intermediaries on the Outcome of Bargaining Games" Thomas J. Miceli, University of Connecticut C.F. Sirmans, University of Connecticut Abdullah Yavas, Pennsylvania State University
Discussants: David Bowes, Georgia State University John Van Huyck, Texas A&M University Christina Fong, University of Massachusetts - Amherst Sara Solnick, University of Miami
Sunday 8:30-10:15am SEA*
Session 167M* Free Markets and the Environment
Chair: Bruce Yandle, Clemson University
Papers:
"Enviro-Capitalism" Terry Anderson, PERC Organization
"Antitrust Limits to the Tragedy of the Commons" Bruce Yandle, Clemson University
"Federal Land in a Free Market" Robert Nelson, University of Maryland
"Does Existence Value Exist?" Donald J. Boudreaux, Clemson University Roger Meiners, University of Texas - Arlington
Discussants: Terry Anderson, PERC Organization Donald J. Boudreaux, Clemson University Robert Nelson, University of Maryland Bruce Yandle, Clemson University
Sunday 8:30-10:15am SEA*
Session 168M* Banking, Financial, and Debt Markets
Chair: Mohammed Akacem, Metropolitan State College of Denver
Papers:
"Credit Rating of Sovereign Debt: What Does the Market Have to Say?" Mohammed Akacem, Metropolitan State College of Denver
"The Natural Rate of Interest: Fractional Reserve Banking and Financial Intermediaries" Steve Call, Metropolitan State College of Denver John Cochran, Metropolitan State College of Denver
"Banking in the Ukraine: Coping Without the State" Dennis D. Miller, Baldwin-Wallace College
Discussant: William H. Kaempfer, University of Colorado
Sunday 8:30-10:15am SEA
Session 169M Topics on Liquidity, Currency , Leasing, and Transition Failures
Chair: TBA
Papers:
"Liquidity, Trade Credit, and the Role of Financial Intermediaries" Said A. Bakhache, University of Maryland
"Currency Crises and Political Uncertainties: Evidence from Emerging Market Economics" Deepak Mishra, University of Maryland
"Consumer Leasing and the Demand for Automobiles" Kathleen W. Johnson, University of Maryland
"Linkages Between Currency and Banking Crises: Theory and Evidence from Mexico" Poonam Gupta, University of Maryland
"Transition and Coordination Failures: Evidence from Firm-Level Data" Francesca Recanatini, University of Maryland Randi Ryterman, World Bank
Discussants: Paper Presenters
Sunday 10:30 - 12:15pm
Sunday 10:30am-12:15pm SEA*
Session 176N* Rothbard on Smith (Session Sponsored by the Smith Center for Private Enterprise Studies)
Chair: Charles W. Baird, California State University - Hayward
Papers:
"Adam Smith as a Monetary Theorist: A Critical Reassessment" Joseph Salerno, Pace University
"The Intertemporal Adam Smith" Roger Garrison, Auburn University
"Rothbard on Smith: Correcting the Record" James Ahiakpor, California State University - Hayward
"Rothbard's Ten-fold Critique of Adam Smith: Nine Out of Ten Wrong" Ed West, Carleton University (Emeritus)
Sunday 10:30am-12:15pm SEA*
Session 177N* Issues in Urban Real Estate
Chair: Larry Singell, Sr., University of Colorado
Papers:
"Piecewise Parabolic Multiple Regression Analysis" Peter F. Colwell, University of Illinois
"Zoning and Redevelopment" Henry J. Munneke, University of Georgia
"Land Value and Parcel Size: A Semiparametric Analysis" Daniel P. McMillen, Tulane University Paul Thorsnes, Grand Valley State University
"Insurance and Community Welfare" David Frame, University of Colorado
Discussants: Christopher R. Bollinger, Georgia State University Larry Singell, Jr., University of Oregon
Sunday 10:30am-12:15pm SEA*
Session 178N* Law and Economics
Chair: Ben Zycher, Milken Institute and University of California - Los Angeles
Papers:
"Does Tenure Protect Academics?" Gordon L. Brady, George Mason University Tony Dnes, Virginia Polytechnic Institute & State University
"Law in the Shadow of Bargaining" Jonathan R. Macey, Cornell University
"Exploration of the Contract/Tort Boundary" Paul H. Rubin, Emory University
Discussants: Peter Aranson, Emory University Cotton M. Lindsay, Clemson University Tom McCaleb, Florida State University
Sunday 10:30am-12:15pm SEA*
Session 179N* Economics and the Lively Arts
Chair: Robert B. Ekelund, Jr., Auburn University
Papers:
"Symphony Orchestra Attendance: A Beckerian Analysis" Robert B. Ekelund, Jr., Auburn University Shawn Ritenour, Southwest Missouri Baptist University
"Predicting 'No Sales' from Auction Records: Evidence from the Latin American Market" Rand Ressler, University of Southwestern Louisiana John Keith Watson, University of Southwestern Louisiana
"Vertical Organization and the End of the 'Hollywood System'" Shawn Ritenour, Southwest Missouri Baptist University
Discussants: Audrey B. Davidson, University of Louisville Robert B. Ekelund, Jr., Auburn University David E.R. Gay, University of Arkansas
Sunday 10:30am-12:15pm SEA*
Session 180N* Issues in Macroeconomic History
Chair: Mark Toma, University of Kentucky
Papers:
"The Political Economy of Federal Deficits: 1889-Present" Brian L. Goff, Western Kentucky University
"Colonial American Money Supplies and Almost Fixed Exchange Rates" James Stoker, University of Kentucky
"Business Failures and Credit Market Imperfections: Debt Deflation and Bank Panics in Pre-WWII U.S." Stephen Cecchett, Federal Reserve Bank of New York Margaret McConnell, Federal Reserve Bank of New York
Discussants: Mark Toma, University of Kentucky David D. Van Hoose, University of Alabama
Sunday 10:30am-12:15pm SEA*
Session 181N* Institutions and Growth
Chair: Paul J. Zak, Claremont Graduate School
Papers:
"Growth and the Political Economy of Migration and Fertility" Paul J. Zak, Claremont Graduate School
"The Political Economy of Capital Control" Laura Alfaro, University of California - Los Angeles
Discussants: Paper Presenters
Sunday 10:30am-12:15pm SEA
Session 182N Money and Interest Rates
Chair: Donald H. Dutkowsky, Syracuse University
Papers:
"On the Dynamic Microfoundations of Static Money Demand" H. Sonmez Atesoglu, Clarkson University Donald H. Dutkowsky, Syracuse University
"The Fisher Effect: New Evidence and Implications" Yasser Fahmy, Cairo, Egypt Magda Kandil, University of Wisconsin - Milwaukee
Discussants: Donald H. Dutkowsky, Syracuse University William G. Gissy, Morehouse College Geetha Vaidyanathan, University of North Carolina
Sunday 10:30am-12:15pm SEA
Session 183N State Lotteries
Chair: Mary Kennedy Bumgarner, Kennesaw State University
Papers:
"Horizontal Equity: An Alternative Approach to Analyzing Lottery Games" Mary O. Borg, University of North Florida Harriet Stranahan, University of North Florida
"Estimating Net Spendable Lottery Revenues" Terry Ashley, University of South Alabama Semoon Chang, University of South Alabama Yi Liu, University of South Alabama
"The Incidence of a Lottery Tax: New Evidence from the West Virginia State Lottery" Thomas A. Garrett, West Virginia University
Discussants: L.F. Jameson Boex, Georgia State University Mike Pogodzinski, San Jose State University
Sunday 10:30am-12:15pm ESA V
Session 184N Giving and Cooperation
Chair: Philip Grossman, University of Texas - Arlington
Papers:
"Sequential Prisoner's Dilemma: Evidence on Reciprocal Altruism" Ken Clark, University of Manchester Martin Sefton, University of Iowa
"Further Explorations of Gender Differences in the Ultimatum Game" Sara Solnick, University of Miami
"Institutional and Structural Context in Public Generosity" Christina Fong, University of Massachusetts - Amherst
"Public Good and Exclusionary Investments in a Heterogeneous Society" Katie Baird, University of Massachusetts - Amherst
Discussants: Richard Beil, Auburn University Philip Grossman, University of Texas - Arlington Abdullah Yavas, Pennsylvania State University
Sunday 10:30am-12:15pm SEA
Session 185N Current Issues in Health Economics
Chair: Thomas S. Dee, Georgia Institute of Technology
Papers:
"Can Higher Cigarette Taxes Improve Birth Outcomes?" Jeanne S. Ringel, Louisiana State University
"Youth, Alcohol, and Risky Sex: The Impact of Alcohol Policy on STD Incidence Rates" Paul Harrison, Brandeis University
"Beer Taxes, Teen Drinking and Traffic Fatalities" Thomas S. Dee, Georgia Institute of Technology
"The Impact of Elder Care on Female Labor Force Participation" Jennifer M. Mellor, Yale University
Discussants: TBA
Sunday 10:30am-12:15pm SEA
Session 186N Unions and Discrimination
Chair: Joy Clark, Auburn University - Montgomery
Papers:
"A Longitudinal Estimate of the Union Earnings Premium Using a Sample of Displaced Workers" Steven Raphael, University of California - San Diego
"Union Rent Seeking in the Paper and Timber Industries" Ted W. Chiles, Auburn University - Montgomery Joy Clark, Auburn University - Montgomery
"Geographic Mobility, Race, and Wage Discrimination" Steven Raphael, University of California - San Diego David A. Riker, University of California - San Diego
"An Empirical Analysis of Wage Discrimination in Professional Basketball" Mark Gius, Quinnipiac College Donn Johnson, Quinnipiac College
Discussants: Sammy E. Elaasar, Winston-Salem State University Thomas D. Vander Veen, Skidmore College
Sunday 10:30am-12:15pm SEA
Session 187N Determinants of Learning
Chair: Thomas E. Cooper, Lyon College
Papers:
"The Effect of Sleep on Academic Performance" Michael R. Butler, Texas Christian University Krista Nuttall, Texas Christian University
"Effects of Gender and Personality Type on Student Performance in Principles of Economics" Doris S. Bennett, Jacksonville State University Cynthia S. McCarty, Jacksonville State University
"Student Learning in the Principles of Macroeconomics Course" Stuart Allen, University of North Carolina - Greensboro Scott P. Simkins, North Carolina A&T State University
"Assessing the Student's Performance in Intermediate Microeconomic Theory" Irma A. Gomez, Instituto Technologico y de Estudios Superiores de Monterrey Jorge Ibarra-Salazar, Instituto Technologico y de Estudios Superiores de Monterrey Raymundo Rodriguez, Instituto Technologico y de Estudios Superiores de Monterrey
Discussants: Harold Christensen, Centenary College Christopher C. Klein, Tennessee Regulatory Authority Jeffrey Woods, Concord College
Sunday 10:30am-12:15pm SEA
Session 188N Labor/Human Capital and Economic Development
Chair: Ana Maria Turner Lomperis, Saint Louis University
Papers:
"Preliminary Evidence on the Role of Secondary Education in the Development of Lower-Income Countries: Useful Knowledge or Wishful Thinking?" Lonnie E. Brist, University of Alabama Arthur Caplan, Weber State University
"Human Capital and Economic Development: The Case of Saudi Arabia" Abdullah H. Albatel, King Saud University - Riyadh
"Informal Employment and Growth" Jane Ihrig, University of Virginia Karine Moe, Macalester College
"Rural-urban Migration and Risk" Sanjay Paul, St. Norbert College
Discussants: James I. Brannon, University of Wisconsin - Oshkosh Kathleen A. Toma, University of Kentucky
Sunday 10:30am-12:15pm SDAE IV
Session 189N Complexity Theory and Austrian Economics: A Preliminary Look
Chair: Roger Koppl, Fairleigh Dickinson University
Papers:
"The Complex Affair of the Mind" Robert Nadeau, University of Quebec - Canada
"Is Hayek's Economics an Application of Complexity Theory?" Karen I. Vaughn, George Mason University
"Big Think, Hyped Think, and the Theory of Complex Phenomena: A Pessimistic Reading of the Relationship Between Hayek and Complexity Theory" Peter J. Boettke, Manhattan College
Discussants: Robert Formaini, Dallas, TX Roger Koppl, Fairleigh Dickinson University Zenon Zygmont, Reed College
Sunday 10:30am-12:15pm SEA*
Session 190N* Learning from Economic History: Graduate Students' Perspectives
Chair: Jeremy Atack, Vanderbilt University
Papers:
"The National Industrial Recovery Act: Cartels for All and No Questions Asked" Jason Taylor, University of Georgia
"The Estimation of Housing Prices and Income Elasticities of Demand in Nineteenth-Century New York City" David Porter, University of Georgia
"The Emergence of Clearing Houses in the United States" Lois Allen, University of Georgia
Discussants: Craig A. Depken II, University of Texas - Arlington Myra L. Moore, Texas Christian University Kevin Rogers, Mississippi State University
Sunday 10:30am-12:15pm SEA*
Session 191N* Understanding Environmental Issues in Developing Countries
Chair: Maureen L. Cropper, World Bank
Papers:
"Measuring the Health Impacts of Air Pollution in Developing Countries: The Case of Delhi, India" Anna Alberini, University of Colorado Seema Arora, Vanderbilt University Maureen L. Cropper, World Bank Nathalie B. Simon, World Bank P.K. Sharma, World Bank
"Citizen Complaints as Environmental Indicators: Evidence from China" Susmita Dasgupta, World Bank David Wheeler, World Bank
"Impact of Formal and Informal Pressure on Pollution Intensity: Survey Evidence on Water Pollution from India" Mainul Huq, World Bank Muthukumara Mani, World Bank Sheoli Pargal, World Bank
Discussants: Seema Arora, Vanderbilt University Ronald G. Cummings, Georgia State University Mark Dickie, University of Southern Mississippi
Sunday 10:30am-12:15pm SEA
Session 192N Health Care Economics
Chair: Rajiv L. Sharma, University of Florida
Papers:
"Innovation Rivalry and the Market for Choice of Health Care Provider" Thomas P. Lyon, Indiana University Haizhou Huang, London School of Economics
"Cost-shifting in Managed Care" Edward C. Norton, University of North Carolina Richard Lindrooth, Research Triangle Institute Barbara Dickey, Harvard University
"Competition and Market Structure in the Health Care Industry" Rajiv L. Sharma, University of Florida
"Physician Assistants, Nurse Practitioners, and Physicians: Rural/Urban Settings and Reimbursements for Services" Donna Anderson, University of Wisconsin - La Crosse Mary B. Hampton, University of Wisconsin - La Crosse
Discussants: Paper Presenters
Sunday 12:30 - 2:15pm
Sunday 12:30-2:15pm SEA*
Session 199P* Rent-Seeking and Competitive Forces
Chair: G. Dirk Mateer, Grove City College
Papers:
"Economic Development Incentives and Indirect Rent-Seeking: 'Handicapped Competition' and Other Costs" David L. Sollars, Auburn University - Montgomery
"Emerging the Capitalist System? A Discussion of Where Employee Ownership Might Fit into Our World" Frederick R. Snow, Norwich University
"Cheap Thrills (Rent-seeking and Dissipation in a Repeated Environment)" Robert A. Lawson, Capital University G. Dirk Mateer, Grove City College
Discussants: Tracy C. Miller, Grove City College Ben S. Shippen, Jr., Mercer University Russell S. Sobel, West Virginia University
Sunday 12:30-2:15pm SEA*
Session 200P* Empirical Papers in Regional Economics
Chair: James R. Marchand, Westminster College - Salt Lake City
Papers:
"Application of Principal Component Analysis to Regional Economic Data with Multicolinearity" Nozar Hashemzadeh, Radford University
"Industrial Urban Development and Income" Frank O'Connor, Eastern Kentucky University
"Using Input-Output to Identify Growth Stocks" James R. Marchand, Westminster College - Salt Lake City Robert Sorensen, University of Missouri - St. Louis
Discussants: Joan Anderson, University of San Diego Nozar Hashemzadeh, Radford University Wilson Mixon, Berry College Frank O'Connor, Eastern Kentucky University
Sunday 12:30-2:15pm SEA
Session 201P Fiscal Policy
Chair: David Tufte, University of New Orleans
Papers:
"Precautionary Saving and Investment Rate" David Y. Chen, North Carolina A&T State University
"Funding Tax Cuts and Government Spending Increases: Tax-and-Spend or Spend-and-Tax?" Fred C. Graham, American University
"Are Consumers Myopic? Further Evidence" Daniel Himarios, University of Texas - Arlington
"A Cross Country Comparison of Ricardian Equivalence Using Multicointegration Analyis" Peter M. Lange, Duke University Lori Leachman, Northern Arizona University
Discussants: David C. Black, University of Toledo Michael R. Dowd, University of Toledo Edward J. Sullivan, Jacksonville State University
Sunday 12:30-2:15pm SEA
Session 202P Welfare Policy
Chair: Nancy J. Burnett, University of Wisconsin - Oshkosh
Papers:
"Taxes and Transfers: Their Correlation with Marital Separation" Stacy Dickert-Conlin, University of Kentucky
"Analysis of AFDC Spell Duration and Implications for New Reform Measures" Kathleen A. Toma, University of Kentucky
"A Comparison of Subsidized and Unsubsidized Employment in Welfare Reform: The Mississippi Experience" Philip D. Taylor, Millsaps College
Discussants: Sammy E. Elaasar, Winston-Salem State University Kurt C. Schaefer, Calvin College
Sunday 12:30-2:15pm SEA
Session 203P Hospitals and Physicians
Chair: Chyongchiou Jeng Lin, University of Pittsburgh
Papers:
"Effects of Competition and Regulation on the Diffusion of Medical Technologies in Hospitals" Christoph Schenzler, Vanderbilt University
"The Effect of Increased Industry Risk on Hospital Capital Structure" Mary E. Deily, Lehigh University Niccie L. McKay, University of Florida
"Comparing Teaching and Non-Teaching Hospitals: A Frontier Approach" Shawna Grosskopf, Southern Illinois University Dimitri Margaritis, Waikato University - New Zealand Vivian Valdmanis, University of Oklahoma
Discussants: O. David Gulley, Bentley College Julianne Sakowski, Texas Woman's University
Sunday 12:30-2:15pm SEA
Session 204P Female Time Allocations and Fertility
Chair: TBA
Papers:
"Labor Force Participation among Women of the 'Sandwich Generation'" Carole A. Green, University of South Florida
"The Labor Force Participation of Australian Women: A Panel Data Study" Marie D. Connolly, Chatham College Anne Daly, University of Canberra - Australia
"The Time Allocation of Mothers with Small Children: Empirical Evidence from the Philippines" Jill Tiefenthaler, Colgate University
"Does Personal Exemption for Dependents Affect the Aggregate Fertility Rate? A Time Series Analysis" Abdur R. Chowdhury, Marquette University
Discussants: Andrew L.H. Parkes, Southwestern University Steven Raphael, University of California - San Diego
Sunday 12:30-2:15pm SEA
Session 205P Transitional and Developing Economies
Chair: Kailash Khandke, Furman University
Papers:
"The Transition of Eastern European/Central Asian Economies, Direct Foreign Investment, and Growth" Coldwell Daniel III, University of Memphis John J. Reid, University of Memphis
"Exchange Rate Adjustment and Output in Developing Countries: An Empirical Study" Dharmendra Dhakal, Rust College Franklin G. Mixon, Jr., University of Southern Mississippi Kamal P. Upadhyaya, Pennsylvania State University/Berks-Lehigh Valley College
"Political Disintegrations and the Theory of Optimum Currency Areas" Julius Horvath, Southern Illinois University
Discussants: Yu-Li Wang, University of Virginia Tao-Chen Yeh, University of Alabama
Sunday 12:30-2:15pm SEA
Session 206P Transportation Industry Studies
Chair: Francis J. Cronin, Hagler Bailly Consulting, Inc.
Papers:
"The Implications of the Elimination of the U.S. Interstate Commerce Commission: An Efficiency Analysis of the U.S. Domestic Shipping Industry" Paul V. Ackerman, U.S. Maritime Administration Robert T. Sienkiewicz, National Institute of Standards and Technology
"Consumers' Demand Responses to Information Updates on Airline Safety" Monica Elena Hartmann, University of Virginia
"The Effects of Deregulation on the Supply of Intrastate Trucking Services" John D. Jackson, Auburn University Simran K. Kahai, Tuskegee University
Discussants: Craig A. Depken II, University of Texas - Arlington William D. Watson, Georgia Institute of Technology
Sunday 12:30-2:15pmS SEA
Session 207P Selected Topics in Applied Microeconomics
Chair: Ronald L. Moomaw, Oklahoma State University
Papers:
"Cigarette Demand and the Health Scare: New Evidence Using a Gradual Switching Regression Technique" Craig A. Gallet, University of Central Florida
"Nonparametric Tests of Household Behavior" Susan K. Snyder, Virginia Polytechnic Institute & State University
Discussants: Gerald Granderson, Miami University Carl Linvill, University of Arkansas
Sunday 12:30-2:15pm SDAE V
Session 208P Austrian Economics, Chicago Economics, and Policy Evaluation
Chair: Mario J. Rizzo, New York University
Papers:
"Convention, Social Order and Two Coordinations" Daniel B. Klein, Santa Clara University
"Public Policy and Unintended Consequences" Sanford Ikeda, State University of New York - Purchase
"The Public Policy Framework in Vienna and Chicago" David Harper, New York University
Discussants: Edward J. Lopez, George Mason University Sam Papenfuss, George Mason University Ivan Pongracic, George Mason University
Sunday 12:30-2:15pm SEA*
Session 209P* Empirical Issues in Public Choice
Chair: Burton A. Abrams, University of Delaware
Papers:
"The Effect of Women's Suffrage on Social Welfare Spending: The Case of Switzerland" Burton A. Abrams, University of Delaware Russell F. Settle, University of Delaware
"Determinants of Legislative Support for the U.S. Balanced Budget Amendment" Burton A. Abrams, University of Delaware James L. Butkiewicz, University of Delaware
"Crowding In and Crowding Out: Public and Private Contributions to Higher Education" Simon Condliffe, University of Delaware William Latham III, University of Delaware
Discussants: James L. Butkiewicz, University of Delaware William Latham III, University of Delaware Russell F. Settle, University of Delaware