Southern Economic Association Conference
2002
Program Sessions

Sunday, 8:00 am

Session 1A*	Drinking and Driving
Session 2A*	Lurching Towards Competition in Telecommunications
Session 3A*	The Economic History of Coinage
Session 4A*	Empricial Studies in the Airline Industry
Session 5A*	R&D, Spillovers, and Industry Performance
Session 6A*	Unintended Consequences of Regulation
Session 7A*	I.O. Applications to Health Economics
Session 8A*	Capital: Scope and Structure
Session 9A	Games and Experiments
Session 10A	Urban and Regional Economics
Session 11A	Environmental Management
Session 12A	Applied Austrian Economics
Session 13A	Trade and Convergence
Session 14A	Experimenters and Econometricians I: Learning and Strategic Dynamics
Session 15A	Unique Problems Faced by the Forensic Economist
Session 16A	Life in the Fast Lane
Session 17A	Topics in Industrial Organization: Part One
Session 18A	Econometric Methods I
Session 19A	Sticky Prices and Cycles
Session 20A	Human Capital and Wages
Session 21A	Currency Fluctuations and Economic Outcomes
Session 22A	Inflation

Sunday 8:00 - 9:45 am SEA*		Session 1A* Drinking and Driving

Chair:

Melayne Morgan McInnis, University of South Carolina

Papers:: "Coase Versus Pigou: Alternative Strategies to Reduce Drunk Driving Fatalities"; Bruce L. Benson, Florida State University; Brent Mast, American Enterprise Institute; David W. Rasmussen, Florida State University; "Changes in the Law vs. Changes in the Penalty: Evidence from Blood Alcohol Content Limits"; Craig A. Depken II, University of Texas - Arlington; "Lower Blood-Alcohol Threshold Can Increase Drunk Driving Fatalities--Do They?"; Darren Grant, University of Texas - Arlington; "Do International Border Crossings Contribute to Motor-Vehicle Fatalities? An Analysis of the Michigan-Ontario Border Crossings"; Steven F. Kreft, West Virginia University

Discussants:: Darren Grant, University of Texas - Arlington; Craig A. Depken II, University of Texas - Arlington; Melayne Morgan McInnis, University of South Carolina

Sunday 8:00 - 9:45 am SEA*		Session 2A* Lurching Towards Competition in Telecommunications

Chair:

Stanford L. Levin, Southern Illinois University - Edwardsville

Papers:: "Rationalizing Interconnection Arrangements in Competitive Communications Markets"; Mark Kolesar, TELUS Communications, Inc.; Stanford L. Levin, Southern Illinois University - Edwardsville; "Competition in Telecommunications: An Empirical Assessment from a Large Nationwide Household Survey"; Don Kridel, University of Missouri - St. Louis; "(How) Do Regulated Prices Affect Competitive Entry"; Dale Lehman, Alaska Pacific University; "Returns to Scale and Option Value in Unbundled Element Pricing"; David Mandy, University of Missouri - Columbia

Sunday 8:00 - 9:45 am SEA*		Session 3A* The Economic History of Coinage

Chair:

George Selgin, University of Georgia

Papers:: "Steam, Hot Air, and the Gold Standard"; George Selgin, University of Georgia; "A Rothschilds Business: Markets, Networks, and Bimetallism"; Marc Flandreau, Institut d'Etudes Politiques de Paris; "Monetary Reform in France, 1690-1726"; Francois Velde, Federal Reserve Bank of Chicago

Discussants:: Marc Flandreau, Institut d'Etudes Politiques de Paris; Francois Velde, Federal Reserve Bank of Chicago

Sunday 8:00 - 9:45 am SEA*		Session 4A* Empricial Studies in the Airline Industry

Chair:

Nicholas G. Rupp, East Carolina State University

Papers:: "Price Coordination and Fare War in the Airline Industry"; Jun-Byoung Oh, Texas A&M University; "An Empirical Analysis of How An Airport's Slot Allocation Effects Competition"; Monica E. Hartmann, University of St. Thomas; "Airline Price Wars as a Response to Multi-market Low-cost Carrier Entry"; Gary M. Fournier, Florida State University; Thomas Zuehlke, Florida State University; "Why Are So Many Flights Cancelled?"; Nicholas G. Rupp, East Carolina State University; George M. Holmes, East Carolina University

Discussants:: Gary M. Fournier, Florida State University; Monica E. Hartmann, University of St. Thomas; Nicholas G. Rupp, East Carolina State University; Marshall K. Gramm, Rhodes College

Sunday 8:00 - 9:45 am SEA*		Session 5A* R&D, Spillovers, and Industry Performance

Chair:

J.K. Mullen, Clarkson University

Papers:: "R&D and the New Economy"; Mark McBride, Miami University; "The Determinants of R&D Spillovers"; Jon Vilasuso, West Virginia University; Ahbra Roy, West Virginia University; "Can Research Joint Ventures Drive Competitors from the Marketplace?"; Mark Frascatore, Clarkson University; Joseph Palardy, West Virginia University; Jon Vilasuso, West Virginia University; "State Output Elasticities of R&D Capital Stocks"; Martin Williams, Northern Illinois University; Michael J. Youngblood, Rock Valley College

Discussants:: J.K. Mullen, Clarkson University; Jon Vilasuso, West Virginia University; Martin Williams, Northern Illinois University

Sunday 8:00 - 9:45 am SEA*		Session 6A* Unintended Consequences of Regulation

Chair:

Clifford F. Thies, Shenandoah University

Papers:: "Weak Banks and Common Currency Areas: The Case of Antebellum Banking"; Clifford F. Thies, Shenandoah University; "Determinants of Income Tax Evasion"; Richard Cebula, Armstrong Atlantic State University; "Opinion Survey on Freedom to Prescribe: Doctors' Responses Tell More ThanThey Know"; Daniel B. Klein, Santa Clara University; Alexander Tabarrok, Independent Institute

Discussants:: Gary M. Pecquet, Our Lady of Holy Cross College; James R. Marchand, Mercer University; Robert Higgs, Independent Institute

Sunday 8:00 - 9:45 am SEA*		Session 7A* I.O. Applications to Health Economics

Chair:

Kerry Anne McGeary, Drexel University

Papers:: "Consolidations and Closures: An Empirical Analysis of Exits from the Hospital Industry"; Teresa D. Harrison, Drexel University; "Monopolizing Blood and Other Joint Products"; Richard R.W. Brooks, Northwestern University; Kristina M. Lybecker, Drexel University; "Will Competitive Bidding Decrease Medicare Expenditures?"; Brett Katzman, University of Miami; Kerry Anne McGeary, Drexel University

Discussants:: Teresa D. Harrison, Drexel University; Kristina M. Lybecker, Drexel University; Kerry Anne McGeary, Drexel University

Sunday 8:00 - 9:45 am SEA*		Session 8A* Capital: Scope and Structure

Chair:

Michael R. Montgomery, University of Maine

Papers:: "The Classical Model and the Eclipse of Capital Structure"; Roger W. Garrison, Auburn University; "The Capital Idea"; Peter Lewin, University of Texas - Dallas; "The Ubiquity of Capital"; Michael R. Montgomery, University of Maine

Discussants:: Robert F. Mulligan, Western Carolina University; Peter J. Boettke, George Mason University; Roger Koppl, Farleigh Dickinson University

Sunday 8:00 - 9:45 am SEA		Session 9A Games and Experiments

Chair:

Sudipta Sarangi, Louisiana State University

Papers:: "The Absent-Minded Driver Paradox: An Experiment"; Eliane Catilina, American University; "Ascending Bid Referenda and the Valuation of Public Goods"; C. Monica Capra, Washington and Lee University and California Technical Institute; James F. Casey, Washington and Lee University; "The Structure of Information Networks"; Rojgopal Kannan, Louisiana State University; Lydia Ray, Louisiana State University; Sudipta Sarangi, Louisiana State University; "Production and Gains from Trade"; Laura Razzolini, National Science Foundation and University of Mississippi

Discussants:: C. Monica Capra, Washington and Lee University and California Technical Institute; Eliane Catilina, American University; Laura Razzolini, National Science Foundation and University of Mississippi; Sudipta Sarangi, Louisiana State University

Sunday 8:00 - 9:45 am SEA		Session 10A Urban and Regional Economics

Chair:

Semoon Chang, University of South Alabama

Papers:: "The Impact of the Technological Infrastructure on Small-Firm Innovation: Evidence from SBIR Activity at the Metropolitan Area Level"; Grant C. Black, Georgia State University; "Is Agglomeration and Congestion Important for Innovation across U.S. Metropolitan Areas? Evidence from Count Data Models"; Norman Sedgley, Loyola College in Maryland; Bruce T. Elmslie, University of New Hampshire; "The Impact of the Automobile Industry on Southern States"; Mary Mathewes Kassis, State University of West Georgia; "Blessings and Curses: A Spatial Analysis of the Growth Effects of Foreign Direct Investment in the United States"; Timothy C. Ford, University of New Hampshire; Jonathan C. Rork, Vassar College; Bruce T. Elmslie, University of New Hampshire

Discussants:: Raphael W. Bostic, University of Southern California; Timothy C. Ford, University of New Hampshire; Inhyuck Ha, University of West Florida

Sunday 8:00 - 9:45 am SCREE		Session 11A Environmental Management

Chair:

John C. Whitehead, University of North Carolina - Wilmington

Papers:: "Discovery vs. Disclosure: EPA's Audit Policy and Hazardous Waste Compliance"; Sarah L. Stafford, College of William and Mary; "A Watershed Approach to Cost Effective Water Quality Management"; Jimmy Bramblett, University of Georgia; Jack E. Houston, University of Georgia; Jeffrey D. Mullen, University of Georgia; Oussama Marseli, University of Idaho; "The Effect of Social Capital on Environmental Regulation: Evidence from State-Level Data"; Susan Ludwick, Middlebury College; Jonathan Isham, Middlebury College; Christopher McGory-Klyza, Middlebury College; "Pricing Multiple-Exercise Option Contracts for Water"; Michele T. Villinski, DePauw University

Discussants:: Jack E. Houston, University of Georgia; Jonathan Isham, Middlebury College; Sarah L. Stafford, College of William and Mary

Sunday 8:00 - 9:45 am SDAE		Session 12A Applied Austrian Economics

Chair:

Alexandre Padilla, George Mason University

Papers:: "Toward a Theory of the Political Economy of Dollarization and Its Implications for the Market Process"; Anne Elissa Rathbone, George Mason University; "Employment as an Indicator of Recession"; Greg Kaza, Arkansas Policy Foundation; "Market-Process Economics in an Epic History of Enron"; Robert L. Bradley, Jr., Institute for Energy Research and University of Houston; "State Economic Development Planning: An Austrian Critique and Case Study"; Benjamin Powell, George Mason University

Discussants:: William W. Beach, Heritage Foundation; J. Robert Subrick, George Mason University

Sunday 8:00 - 9:45 am IEFS		Session 13A Trade and Convergence

Chair:

Henry Thompson, Auburn University

Papers:: "The Role of Trade in Growth and Income Convergence"; Farhad Rassekh, University of Hartford; "Asymmetric Growth and Convergence Clubs"; Arja Turunen-Red, University of New Orleans; Seppo Honkapohja, University of Helsinki; "Trade in Value Added Products and Economic Convergence"; Almarwani Abdulkudos, Auburn University; Curtis M. Jolly, Auburn University; Alison Keefe, Auburn University; "The Growth and Welfare Effects of an Environmental Tax Reform"; Thomas Osang, Southern Methodist University

Discussants:: Arja Turunen-Red, University of New Orleans; Curtis M. Jolly, Auburn University; Thomas Osang, Southern Methodist University; Farhad Rassekh, University of Hartford

Sunday 8:00 - 9:45 am SEA		Session 14A Experimenters and Econometricians I: Learning and Strategic Dynamics

Chair:

Nat Wilcox, University of Houston

Papers:: "The Strategies Behind Their Actions: A New Method to Infer Repeated-Game Strategies and an Application to Buyer Behavior"; Jim Engle-Warnick, Oxford University; Bradley J. Ruffle, Ben-Gurion University; "Econometric Analysis of Experimental Panel Data: The Public Goods Game"; Rick Ashley, Virginia Polytechnic Institute and State University; Sheryl Ball, Virginia Polytechnic Institute and State University; Catherine Eckel, Virginia Polytechnic Institute and State University; "Estimation of Learning Models on Experimental Game Data"; Juergen Bracht, Hebrew University of Jerusalem; Hidehiko Ichimura, University College London; "Estimating Learning Models from Experimental Data"; Antonio Cabrales, Universitat Pompeu Fabra; Walter Garcia-Fontes, Universitat Pompeu Fabra

Sunday 8:00 - 9:45 am NAFE		Session 15A Unique Problems Faced by the Forensic Economist

Chair:

David C. Sharp, University of Southern Mississippi

Papers:: "The Role of the Forensic Economist in Eminent Domain Litigation"; George A. Barrett, Michael L. Brookshire & Associates; Morgan M. Winfree, Bollam, Sheedy, Torani & Co., LLP; "Handling Taxes in Wrongful Termination Cases"; James D. Rodgers, Pennsylvania State University; "Recent Developments in Structured Settlements"; Patrick Fitzgerald, Oklahoma City University

Discussants:: David I. Rosenbaum, University of Nebraska - Lincoln; Ralph Sandler, Spring Hill College; George A. Schieren, Appalachian State University

Sunday 8:00 - 9:45 am SEA		Session 16A Life in the Fast Lane

Chair:

Clarence C. Morrison, Indiana University

Papers:: "Who Votes for Gambling?"; Paul S. Nelson, Northeast Louisiana University; John L. Scott, Southern Arkansas University; "A Panel-Data Study of the Relationship among Gambling Industries in the U.S."; John D. Jackson, Auburn University; Douglas M. Walker, Georgia College & State University; "Safety at the Racetrack: Results of Restrictor Plates in Super-speedway Competition"; J. Brian O'Roark, James Madison University; William C. Wood, James Madison University

Discussants:: Harold W. Elder, University of Alabama; Daniel Sutter, University of Oklahoma

Sunday 8:00 - 9:45 am SEA		Session 17A Topics in Industrial Organization: Part One

Chair:

Christopher C. Klein, Tennessee Regulatory Authority

Papers:: "A Stochastic Frontier Analysis of Inefficiency in U.S. Manufacturing"; Kim Andrews, Central Missouri State University; James Swanson, Central Missouri State University; "Welfare Effects of Electricity Market Deregulation"; Matthias Niederprüm, GMO Management Consulting GmbH; Michael Pickhardt, Bergische Universität Wuppertal; "Do Economies of Scale Exist in the Non-profit Sector?"; Kurtis J. Swope, United States Naval Academy; Pamela M. Schmitt, United States Naval Academy; "Price Dispersion in the Small and in the Large: Evidence from an Internet Price Comparison Site"; Michael R. Baye, Indiana University; John Morgan, Princeton University; Patrick Scholten, Indiana University; "An Economic Analysis of Regulated Taxicab Markets"; Daniel Flores-Guri, Skidmore College

Discussants:: Rajeev K. Goel, Illinois State University; Rickard E. Wall, Stockholm University; Raymonda "Ray" Burgman, DePauw University

Sunday 8:00 - 9:45 am SEA		Session 18A Econometric Methods I

Chair:

Stratford Douglas, West Virginia University

Papers:: "The Feldstein-Horioka Puzzle Revisited: A Monte Carlo Study"; Guglielmo Maria Caporale, South Bank University - London; Ekaterini Panopoulou, University of Piraeus; Nikitas Pittis, University of Piraeus; "Testing for Granger Causality Between Temporally Aggregated and Systematically Sampled Co-Integrated Variables"; Rajaguru Gulasekaran, National University of Singapore; "The Student's t Vector Autoregressive Model with Dynamic Heteroskedasticity"; Maria Heracleous, Virginia Polytechnic Institute and State University; Aris Spanos, Virginia Polytechnic Institute and State University; "Spatial Quantile Regression: An Empirical Illustration"; Sotiris Karkalakos, University of Illinois - Urbana-Champaign

Discussants:: Alfonso Flores-Lagunes, University of Arizona; Rehim Kiliç, Georgia Institute of Technology; Junfu Zhang, Public Policy Institute of California

Sunday 8:00 - 9:45 am SEA		Session 19A Sticky Prices and Cycles

Chair:

Charles L. Weise, Gettysburg College

Papers:: "Monetary Shocks and the Cross-Section Distribution of Prices"; Nathan S. Balke, Southern Methodist University; Mark A. Wynne, Federal Reserve Bank of Dallas; "Sticky-Wage or Sticky-Price? Cross-Country Evidence"; Doh-Khul Kim, Mississippi State University - Meridian; "An Analysis of Commodity Spot-Futures Spread and Macroeconomic Activity"; Bradley T. Ewing, Texas Tech University; Talah S. Arabiyat, Texas Tech University

Discussants:: Patrick Crowley, Texas A&M University; Dmitriy Kovtun, University of Kentucky; Kevin H. McIntyre, Western Maryland College

Sunday 8:00 - 9:45 am SEA		Session 20A Human Capital and Wages

Chair:

Barbara A. Smith, U.S. General Accounting Office

Papers:: "Human Capital Externalities and Returns to Education in Kenya"; Mwangi S. Kimenyi, Kenya Institute for Public Policy Research and Analysis; Kulundu Manda, Kenya Institute for Public Policy Research and Analysis; Germano Mwabu, Kenya Institute for Public Policy Research and Analysis; "Estimates of the Returns to the Microsoft Certification"; Mark C. Berger, University of Kentucky; Gann Vakhitova, University of Kentucky; "Effects of Regional Shocks on Earning Profiles Across Metropolitan Areas in Russia and Canada"; Snezhanna Kovtun, University of Kentucky; "The Effects of Higher Education Obtainment at Older ages on Concurrent Earnings Growth Rates and Profile Segments"; Richard J. Stemple, Jr., Northwest Vista College

Discussants:: Robert E. Moore, Georgia State University

Sunday 8:00 - 9:45 am SEA		Session 21A Currency Fluctuations and Economic Outcomes

Chair:

O. David Gulley, Bentley College

Papers:: "The Effects of Dollar Appreciation on Labor Market Adjustments: Theory and Evidence from the U.S. Manufacturing Industries"; Ida Aghdas Mirzaie, John Carroll University; "Contagion Between Stock Markets and Currency Crises -- Recent Evidence"; Dipankar Chhabra, American University; "Does Exchange Rate Uncertainty Affect International Trade Flows?"; Matthew McPherson, West Virginia University; "Do Large Exchange Rate Shocks Have Persistent Trade Effects? A Cross-Industrial Study"; Min Shi, University of Wisconsin - Madison

Discussants:: Tanmoy Bhattacharya, University of Kentucky; Ida Aghdas Mirzaie, John Carroll University

Sunday 8:00 - 9:45 am SEA		Session 22A Inflation

Chair:

Mark Wheeler, Western Michigan University

Papers:: "Conducting Inflation Targeting as a Monetary Policy in Indonesia"; Fahlino F. Sjuib, Kansas State University; "Better Measures of Core Inflation?"; Julie K. Smith, Trinity University; "Welfare Cost of Inflation in a General Equilibrium Model with Generalization to Monetary Assets"; Lian Wang, State University of New York - Binghamton; Barry E. Jones, State University of New York - Binghamton; "Is Ukraine Ready for Inflation Targeting?"; Dmytro Holod, University of Kentucky; "Inflation Target in Emerging Countries: Modeling the Exchange Rate Issues"; Javier A. Reyes, Texas A&M University

Discussants:: J. J. Arias, Georgia College & State University; M. Shakil Quayes, Southeastern Louisiana University; Javier A. Reyes, Texas A&M University

Sunday, 10:00 am

Session 23B*	Association Lecture
Session 24B	Southern Economic Association Board of Trustees Luncheon Meeting
Session 223B	23.5B Jump Bidding and Auctions

Sunday 10:00 - 11:00 am SEA*		Session 23B* Association Lecture

Speaker:

Sunday
11:15 am
SEA

Session 24B
Southern Economic Association Board of Trustees Luncheon Meeting

Sunday 10:00 - 11:45 am ESA		Session 223B 23.5B Jump Bidding and Auctions

Chair:

R. Mark Isaac, Florida State University

Papers:: "Church Silent Auctions: Field and Experimental Results"; R. Mark Isaac, Florida State University; Kurt Schnier, University of Arizona; "Jump Bidding in Ascending Auctions"; R. Mark Isaac, Florida State University; Tim Salmon, Florida State University; Arthur Zillante, Florida State University; "A Laboratory Study of Ambiguity Aversion in the First-Price Sealed-Bid Auction"; Christopher M. Anderson, University of Rhode Island; "The Choice of Bid Increments in Ascending Auctions"; Anthony Kwasnica, Pennsylvania State University

Discussants:: David Lucking-Reiley, Vanderbilt University; E. Elisabet Rutström, University of South Carolina; Nat Wilcox, University of Houston

Sunday, 12:00 pm

Session 25C*	Oxford Economic Papers
Session 26C*	Empirical Determinants of Suicidal Behavior
Session 28C*	Human Capital Issues: Focus on Women
Session 29C*	Higher Education and Issues Related to Access
Session 30C*	Economics of Health Services in Developing Countries
Session 32C*	Austrian Critiques of Neoclassical Economics
Session 33C*	Econometrics and Applications
Session 34C*	Papers on Money and Economic History
Session 35C	How About Calling it "Forest Economics"
Session 36C	Kant, Continental Philosophy, and Austrian Economics
Session 37C	Growth, trade, Tax Competition, and Globalization
Session 38C	Experiments for Defense Applications
Session 39C	Issues in Measuring Damages in Loss of Household/Family Services
Session 40C	Health Economics I: Public Policy
Session 41C	Topics in Law and Economics
Session 42C*	Economic Education: A Poster Potpourri
Session 43C	Financial Economics
Session 44C	Macroeconomics
Session 45C	The Economics of Lotteries

Sunday 12:00 - 1:45 pm SEA*		Session 25C* Oxford Economic Papers

Chair:

William F. Shughart II, University of Mississippi

Papers:: "Salary Compression and Its Effects on the Federal Criminal Justice System"; Richard Boylan, University of Alabama; "Corruption and Rent Seeking"; Gökhan Karahan, University of Mississippi; Laura Razzolini, National Science Foundation and University of Mississippi; William F. Shughart II, University of Mississippi; "Libel and SupremeCourt Decisions: The Effect of Gertz v. Welch"; William L. Anderson, Frostburg State University; Amit Shah, Frostburg State University; "Confidence in the Economy and Real Interest Rates: Is Monetary Policy Useless?"; Atin Basuchoudhary, Virginia Military Institute; Karen Gutermuth, Virginia Military Institute; Srimayi Sen, Virginia Military Institute

Discussants:: Dennis C. Coates, University of Maryland Baltimore County; Paul Pecorino, University of Alabama

Sunday 12:00 - 1:45 pm SEA*		Session 26C* Empirical Determinants of Suicidal Behavior

Chair:

Sara Markowitz, National Bureau of Economic Research and Rutgers University

Papers:: "Mental Health, Alcohol Consumption, and Suicidal Behaviors Among Young Adults"; Dhaval Dave, National Bureau of Economic Research; Pinka Chatterji, Montefiore Medical Center; "Gun Laws, Gun Carrying, and Suicidal Behavior"; Jeff DeSimone, East Carolina University and National Bureau of Economic Research; "Estimating the Impact of Substance Use Policies on Completed Suicides Among Young Adults"; Sara Markowitz, National Bureau of Economic Research and Rutgers University; Robert Kaestner, University of Illinois - Chicago

Discussants:: John Cawley, Cornell University and National Bureau of Economic Research; Bethany Peters, Rhodes College; Edward J. Schumacher, East Carolina University

Sunday 12:00 - 1:45 pm SEA*		Session 28C* Human Capital Issues: Focus on Women

Chair:

Mary Jean Horney, Furman University

Papers:: "Education and Economic Development in Central Asia During the Transition to a Market Economy"; Kathryn H. Anderson, Vanderbilt University; Richard Pomfret, University of Adelaide; "Job Mobility Patterns of Young Women"; Jeffrey J. Yankow, Furman University; Mary Jean Horney, Furman University; "Multi-period Household Bargaining with Endogenous Threat Points"; Stephen Lich-Tyler, University of Texas - Austin; "Women's Labor Force Attachment and Lifetime Earnings and Wealth"; Julie Hotchkiss, Georgia State University; M. Melinda Pitts, Federal Reserve Bank of Atlanta

Discussants:: Christopher R. Bollinger, University of Kentucky; Stephen Lich-Tyler, University of Texas - Austin; Marjorie B. McElroy, Duke University; Jeffrey J. Yankow, Furman University

Sunday 12:00 - 1:45 pm SEA*		Session 29C* Higher Education and Issues Related to Access

Chair:

John F. Kain, University of Texas - Dallas

Papers:: "Retaking the SAT"; Charles T. Clotfelter, Duke University; ,; "Playing the Game: Do College-Bound Texas Students Engage in Strategic Behavior When Deciding to Take the SAT, the ACT, or Both Exams?"; M. Kathleen Thomas, Mississippi State University; "The Impact of School Policy and Practice in Shaping Access to College"; Annie Georges, Columbia University; "Hopwood and the Top Ten Percent Law: How They Have Affected the College Enrollment Decisions of Texas High School Graduates"; John F. Kain, University of Texas - Dallas; Daniel M. O'Brien, University of Texas - Dallas

Discussants:: Grant C. Black, Georgia State University; Paul W. Grimes, Mississippi State University; John J. Siegfried, Vanderbilt University; Lori L. Taylor, Federal Reserve Bank of Dallas

Sunday 12:00 - 1:45 pm SEA*		Session 30C* Economics of Health Services in Developing Countries

Chair:

John S. Akin, University of North Carolina - Chapel Hill

Papers:: "Family Planning Service Provision Costs in the Philippines"; John F. Stewart, University of North Carolina - Chapel Hill; Alejandro N. Herrin, University of the Philippines at Quezon City; Rachel H. Racelis, University of the Philippines at Quezon City; "Health Insurance and Child Mortality in Costa Rica"; William H. Dow, University of North Carolina - Chapel Hill; "Is Smoking Sensitive to Cigarette Prices in Low Income Countries? Evidence from Russia and China"; Peter M. Lance, University of North Carolina - Chapel Hill; John S. Akin, University of North Carolina - Chapel Hill; Chung-Ping Loh, University of North Carolina - Chapel Hill; William H. Dow, University of North Carolina - Chapel Hill; "The Impacts of Decentralization on Health Behaviors in Uganda"; Paul Hutchinson, Tulane University; John S. Akin, University of North Carolina - Chapel Hill

Discussants:: J. Brad Schwartz, University of North Carolina - Chapel Hill; Gordon G. Liu, University of North Carolina - Chapel Hill; Darrick Hamilton, Yale University; Antonio J. Trujillo, University of Central Florida

Sunday 12:00 - 1:45 pm SEA*		Session 32C* Austrian Critiques of Neoclassical Economics

Chair:

Walter Block, Loyola University - New Orleans

Papers:: "Heterogeneous Expectations"; Stuart Wood, Loyola University - New Orleans; "Neoclassical Theory and the Inconsistent Application of Subjectivism"; Michael Saliba, Loyola University - New Orleans; William Barnett II, Loyola University - New Orleans; "Austrian Business Cycle Theory in the Current Recession"; William Barnett II, Loyola University - New Orleans; Stuart Wood, Loyola University - New Orleans; "The Case Against Currency Boards"; Nikolay Gertchev, Ludwig von Mises Institute

Discussants:: Kirsten Daniel, Loyola University - New Orleans; Kirsten Daniel, Loyola University - New Orleans; Guido Hulsmann, Ludwig von Mises Institute; William Barnett II, Loyola University - New Orleans

Sunday 12:00 - 1:45 pm SEA*		Session 33C* Econometrics and Applications

Chair:

Shiferaw Gurmu, Georgia State University

Papers:: "Strong Instrumental Variables"; John V. Pepper, University of Virginia; "Nonparametric Estimation and Consistent Tests for Bivariate Archimedean Copulas"; Yanqin Fan, Vanderbilt University; "Individual Patenting and Publication Activity: Having One's Cake and Earing It Too"; Grant C. Black, Georgia State University; Shiferaw Gurmu, Georgia State University; Paula E. Stephan, Georgia State University; A.J. Sumell, Georgia State University; "Quality of Civil Administration and Economic Growth: A Threshold Analysis"; Nazrul Islam, Emory University

Discussants:: James D. Adams, University of Florida; Christopher R. Bollinger, University of Kentucky; Wilbert van der Klaauw, University of North Carolina - Chapel Hill; Mary Beth Walker, Georgia State University

Sunday 12:00 - 1:45 pm SEA*		Session 34C* Papers on Money and Economic History

Chair:

James R. Marchand, Mercer University

Papers:: "The Political and Economic History of Texas Treasury Warrants, 1861-1865"; Gary M. Pecquet, Our Lady of Holy Cross College; "An Options Perspective on 19th Century Private Moneys"; James R. Marchand, Mercer University; "The Evolution of Economic Theories Addressing the Recovery from the Great Depression of the 1930s"; James T. Lindley, University of Southern Mississippi; William Stewart Mounts, Mercer University

Discussants:: Roger W. Garrison, Auburn University; Clifford F. Thies, Shenandoah University

Sunday 12:00 - 1:45 pm SOFEW		Session 35C How About Calling it "Forest Economics"

Chair:

David N. Laband, Auburn University

Papers:: "Financial Evaluation of Thinning and Pruning Silvicultural Techniques on an Old Field Pine Plantation in North Louisiana"; Terry R. Clason, Louisiana State University; Michael A. Dunn, Louisiana State University; "Evaluation Forest Management Intensity: A Survey of Private Landowners in Mississippi"; Kathryn G. Arano, Mississippi State University; Ian A. Munn, Mississippi State University; "From Senates to the President: Fix the Softwood Lumber or Else"; Daowei Zhang, Auburn University; "Economic Impact of Commercial Hunting Outfitters and Clientele"; Stephen C. Grado, Mississippi State University; James E. Henderson, Mississippi State University; Ian A. Munn, Mississippi State University

Discussants:: Kathryn G. Arano, Mississippi State University; Michael A. Dunn, Louisiana State University; James E. Henderson, Mississippi State University; David N. Laband, Auburn University

Sunday 12:00 - 1:45 pm SDAE		Session 36C Kant, Continental Philosophy, and Austrian Economics

Chair:

Mark D. White, College of Staten Island

Papers:: "Kant, Neo-Kantians, and Mises"; Peter J. Boettke, George Mason University; Peter Leeson, George Mason University; "Hayek and Kant on Liberty and Autonomy"; Alex Viskovatoff, University of Pittsburgh; "A Kantian Critique of the Law and Economics Program"; Mark D. White, College of Staten Island; "The Intersection of Phenomenology and the Austrian School: The Economics of Being-in-the-World"; Glenn Moots, Northwood University

Discussants:: Ralph Rector, Heritage Foundation

Sunday 12:00 - 1:45 pm IEFS		Session 37C Growth, trade, Tax Competition, and Globalization

Chair:

Henry Thompson, Auburn University

Papers:: "Parameter Heterogeneity and Nonlinearities in the Aggregate Production Function: Investigating the Solow Growth Model with CES Technology"; Winford Masanjala, Louisiana State University; Chris Papageorgiou, Louisiana State University; "An Intertemporal Production and Exchange Equilibrium Model with a Non-renewable Resource"; Andres Jauregui, Auburn University; "Gains and Losses from Tax Competition in an OLG Model with Migration"; Seppo Honkapohja, University of Helsinki; Arja Turunen-Red, University of New Orleans; "Globalization and Scale Invariant Growth"; Elias Dinopoulos, University of Florida; Costas Syropoulos, Florida International University

Discussants:: Elias Dinopoulos, University of Florida; Andres Jauregui, Auburn University; Chris Papageorgiou, Louisiana State University; Arja Turunen-Red, University of New Orleans

Sunday 12:00 - 1:45 pm ESA		Session 38C Experiments for Defense Applications

Chair:

Richard Fullerton, U.S. Airforce Academy

Papers:: "A Market Approach to the Labor Alllocation Problem: The Use and Valuation of Job Incentives"; Tonja Blackstone, U.S. Navy Personnel Research; Mark V. Van Boening, University of Mississippi; "Using Global Information System Data in Natural Experiments for Defense Applications"; David Mullin, U.S. Airforce Academy; Daniel Portillo, U.S. Airforce Academy; "An Experimental Study in Information Superiority"; Bruce Linster, U.S. Airforce Academy; Stephen Slate, U.S. Airforce Academy; Robert Waller, U.S. Airforce Academy; Michael McKee, University of New Mexico; "Using Simultaneous Auctions in Defense Acquisitions"; Bruce Linster, U.S. Airforce Academy; David Mullin, U.S. Airforce Academy

Discussants:: Calvin Blackwell, College of Charleston; Richard Fullerton, U.S. Airforce Academy; Jamie Brown Kruse, Texas Tech University; Gerald Sohan, U.S. Airforce Academy

Sunday 12:00 - 1:45 pm NAFE		Session 39C Issues in Measuring Damages in Loss of Household/Family Services

Moderator:

Thomas R. Ireland, University of Missouri - St. Louis

Panelists:: David H. Ciscel, University of Memphis; Allyn Needham, Shipp, Needham & Durham, LLC; Anthony H. Riccardi, AHR Associates

Sunday 12:00 - 1:45 pm SEA		Session 40C Health Economics I: Public Policy

Chair:

Papers:: "Willingness to Pay Using Bootstrap: How Much for an Organ?"; Alper Altinanahtar, Texas Tech University; John R. Crooker, Texas Tech University; Jamie Brown Kruse, Texas Tech University; "Economic Burden of Malaria in Kenya"; Mwangi S. Kimenyi, Kenya Institute for Public Policy Research and Analysis; Kulundu Manda, Kenya Institute for Public Policy Research and Analysis; Germano Mwabu, Kenya Institute for Public Policy Research and Analysis; "The Cost of Treating Poor Populations in Maryland Hospitals"; D. Patrick Redmon, Maryland Health Services Cost Review Commission; "Spatial Spillover Effects of Health Policies on Infant Mortality Rates Among Neighbor Municipalities - The Case of Brazil"; Ricardo B. Soares, University of New Hampshire

Discussants:: Ana Maria Turner Lomperis, Saint Louis University; David Ridley, Duke University

Sunday 12:00 - 1:45 pm SEA		Session 41C Topics in Law and Economics

Chair:

Edward J. López, University of North Texas

Papers:: "Why is Rape Underreported?"; W. David Allen, University of Alabama - Huntsville; "The Appeals Process in Incentive Problems"; Chifeng Dai, University of Florida; "Pretrial Signaling with Negative Expected Value Suits"; Amy Farmer, University of Arkansas; Paul Pecorino, University of Alabama; "The 150-Hour Rule as a Barrier to Entering the Accounting Profession"; Charles G. Carpenter, Berry College; E. Frank Stephenson, Berry College

Discussants:: Scott D. Bowdoin, Nathan Associates Inc.; David C. Sharp, University of Southern Mississippi; Christine J. Kymn, Washington and Lee University

Sunday 12:00 - 1:45 pm SEA*		Session 42C* Economic Education: A Poster Potpourri

Chair:

Mark L. Gardner, Piedmont College

Posters:: "A Portfolio Collection as a Vehicle to Promote Active Learning"; Kay E. Strong, Bowling Green State University; "The Effectiveness of Using Electronic Slides to Teach Graphical Economic Concepts"; Charles O. Kroncke, Gordon College; Lynnette Smyth, Gordon College; "Economics on Saturday Night Live: Using Student Teams to Produce Their Own Shows"; Harmanna Bloemen, Houston Community College; "Developing Introspection and Imagination in the Introductory Economics Courses"; Frank Maddox, Emory University; "Economics in the Core Curriculum: Where to Start"; Anthony G. Barilla, Georgia Southern University; Ludmila Leontieva, Georgia Southern University; Constantine Ogloblin, Georgia Southern University; "Business Game: CyberMarket"; Leon Bazil, Stevens Institute of Technology

Sunday 12:00 - 1:45 pm SEA		Session 43C Financial Economics

Chair:

Chad Denson, Delta State University

Papers:: "A Simultaneous Tobit Model of Maturity, Collateralization, Capital Structure, and Leasing"; Stratford Douglas, West Virginia University; Heather Hulbert, West Virginia University; Frederick Scherr, West Virginia University; "Effect of General Uncertainty on Venture-Capital Investments: A Cross-Country Study"; Rajeev K. Goel, Illinois State University; Iftekhar Hasan, New Jersey Institute of Technology; Rati Ram, Illinois State University; "Value Creation in Acquisitions Through Acquirer Informational Advantage"; Daniel Rodriguez, Emory University; Matthew Higgins, Emory University; "Shareholder Activism and the Substitutability and Complementarity of governance Mechanisms Under Conditions of Poor Corporate Performance"; Daniel Rodriguez, Emory University; Andrew Ward, Emory University

Discussants:: Abdullah H. Albatel, King Saud University - Riyadh; Leticia G. Garcia, West Virginia University; Farooq Malik, Penn State Berks

Sunday 12:00 - 1:45 pm SEA		Session 44C Macroeconomics

Chair:

David Tufte, Southern Utah University

Papers:: "The Spirit of Capitalism, Precautionary Savings and Consumption"; Yulei Luo, Princeton University; William T. Smith, University of Memphis; Heng-fu Zou, World Bank and Peking University; "Regime-Switching Fiscal Policy in General Equilibrium"; Troy Davig, Indiana University; "Fiscal Policy in the States and the Business Cycle"; Charles L. Weise, Gettysburg College

Discussants:: Francis W. Ahking, University of Connecticut; Julie K. Smith, Trinity University

Sunday 12:00 - 1:45 pm SEA		Session 45C The Economics of Lotteries

Chair:

Michael R. Dowd, University of Toledo

Papers:: "Lotto Nothing? The Budgetary Impacts of State Lotteries"; Stephen C. Fink, Vassar College; Jonathan C. Rork, Vassar College; "A High Frequency Time-Series Analysis of Demand for Gambling in the UK"; David Forrest, University of Salford - England; O. David Gulley, Bentley College; Robert Simmons, University of Salford - England

Discussants:: Rebecca J. Campbell, Mississippi State University; Andrew Luccasen, Texas A&M University; David Mitchell, George Mason University

Sunday, 2:00 pm

Session 47D	Topics in Economic History
Session 48D	Comparative Monetary Regimes
Session 49D	Empirical Industrial Organization
Session 50D	Open Economy Macroeconomics
Session 51D*	Issues in Public Sector Economics
Session 52D*	Labor Issues in Health Economics
Session 53D*	Philip Mirowski's Machine Dreams: A Panel Discussion
Session 54D*	Topics in Economics
Session 55D*	Micro-Econometric Applications
Session 56D	Unions, Training, and Wages
Session 57D	Environmental Vauation
Session 58D	Fritz Machlup: A Centenary Appreciation
Session 59D	Trade and Wages
Session 60D	Experimenters and Econometricians II: Precision, Endogeneity, Selection and Identification
Session 61D	Estimation Problems in Forensic Reports
Session 62D	Public Choice I
Session 63D	Topics in Industrial Organization: Part Two
Session 64D	Econometric Methods II
Session 65D	Some Economic Effects of Religion and Religious Freedom
Session 66D	Economics of Labor Supply
Session 67D	Exchange Rate Determination
Session 68D*	Topics in Sports Economics

Sunday 2:00 - 3:45 pm SEA		Session 47D Topics in Economic History

Chair:

David C. Black, University of Toledo

Papers:: "Evidence on the Aggregate Price Effects of Production Control and Drought During the Great Depression"; James L. Butkiewicz, University of Delaware; Matthew A. Martin, ECONorthwest; "Slave Price Differentials in Private and Public Auctions: An Empirical Test"; Mark Thornton, Columbus State University; Mark A. Yanochik, Georgia Southern University; Bradley T. Ewing, Texas Tech University; "The Optimum Nominal Money Stock and "Cheap Money" Movements in America"; Marshall K. Gramm, Rhodes College

Discussants:: Ida Aghdas Mirzaie, John Carroll University; Mark A. Wynne, Federal Reserve Bank of Dallas

Sunday 2:00 - 3:45 pm SEA		Session 48D Comparative Monetary Regimes

Chair:

Natalie Hegwood, Sam Houston State University

Papers:: "What were the Driving Factors Behind the Financial Crises in the Central and Eastern European Transition Countries? A Rare Event Analysis"; Thomas Linne, Halle Institute for Economic Research; "Which Countries Should Dollarize? Evaluation Using Model-based Cluster Analysis"; Patrick Crowley, Texas A&M University; "Decolonization and Estimates of the Time Series Effect of Currency Unions"; William A. Bomberger, University of Florida; "Building Credibility in a Transforming Economy"; Neven T. Valev, Georgia State University

Discussants:: Frank R. Gunter, Lehigh University; Wasseem Mina, Georgia State University

Sunday 2:00 - 3:45 pm IOS		Session 49D Empirical Industrial Organization

Chair:

Robert M. Feinberg, American University

Papers:: "Risk in the Motion Picture Industry"; Phillip Leslie, University of California - Los Angeles; Ron Goettler, Carnegie Mellon University; "Internet Price Search Engines and Firm Behavior"; Sara Fisher Ellison, Massachusetts Institute of Technology; Glenn Ellison, Massachusetts Institute of Technology; "Sales and Consumer Inventory"; Aviv Nevo, University of California - Berkeley; Igal Hendel, University of Wisconsin; "Credit Unions and the Market for Consumer Deposits: Is the Growth of Credit Unions Starting to Make a Difference?"; Timothy H. Hannan, Federal Reserve Board

Discussants:: David I. Rosenbaum, University of Nebraska - Lincoln; Ginger Zhe Jin, University of Maryland; Kenneth Corts, Harvard Business School; Cindy R. Alexander, U.S. Department of Justice

Sunday 2:00 - 3:45 pm SEA		Session 50D Open Economy Macroeconomics

Chair:

Talah S. Arabiyat, Texas Tech University

Papers:: "The Sustainability of Monetary Policy in an Open Economy"; David M. Arseneau, University of Virginia; "Specialization in EU Accession Countries' Manufacturing Industries - An Assessment of Condntions for Economic Catch Up"; Johannes Stephan, Halle Institute for Economic Research; "The Euro in the Long Run"; John C. Soper, John Carroll University; "Labor and Capital Mobility in Asian Countries: An Empirical Investigation"; Tammy Parker, University of Louisiana - Monroe

Discussants:: Nevin Cavusoglu, University of New Hampshire; Andrew T. Young, Emory University

Sunday 2:00 - 3:45 pm SEA*		Session 51D* Issues in Public Sector Economics

Chair:

J.R. Clark, University of Tennessee

Papers:: "Prisoners' Dilemmas, Leadership, and the Destructive Growth in Government"; J.R. Clark, University of Tennessee; Dwight R. Lee, University of Georgia; "The Ramsey Rule Reconsidered"; Randall G. Holcombe, Florida State University; "Automobile Safety and the Incentive to Drive Recklessly: New Empirical Evidence"; Russell S. Sobel, West Virginia University; Todd M. Nesbit, West Virginia University; "Antitrust Revisited: The New Frontier"; Alden F. Abbott, U.S. Federal Trade Commission; Gordon L. Brady, George Mason University

Discussants:: Charles W. Baird, California State University - Hayward; James R. Marchand, Mercer University; Bruce Hutchinson, University of Tennessee - Chattanooga; David E.R. Gay, University of Arkansas

Sunday 2:00 - 3:45 pm SEA*		Session 52D* Labor Issues in Health Economics

Chair:

Jeff DeSimone, East Carolina University and National Bureau of Economic Research

Papers:: "Managed Care, Technology, and the Returns to Skills Among Registered Nurses"; Edward J. Schumacher, East Carolina University; "An Empirical Study of Factor Substitution: The U.S. Nursing Home Industry, 1991-1998"; John Cawley, Cornell University and National Bureau of Economic Research; David C. Grabowski, University of Alabama - Birmingham; Richard Hirth, University of Michigan; "Why Do Abstainers Earn Less? The Effects of Alcohol Consumption on Wages Reconsidered"; Bethany Peters, Rhodes College

Discussants:: Dhaval Dave, National Bureau of Economic Research; Jeff DeSimone, East Carolina University and National Bureau of Economic Research; Sara Markowitz, National Bureau of Economic Research and Rutgers University

Sunday 2:00 - 3:45 pm SEA*		Session 53D* Philip Mirowski's Machine Dreams: A Panel Discussion

Moderator:

Bruce Caldwell, University of North Carolina - Greensboro

Panelists:: Michael A. Bernstein, University Of California - San Diego; Peter J. Boettke, George Mason University; Duncan K. Foley, New School University; Philip Mirowski, University of Notre Dame; Sylvia Nasar, Columbia University; S. Abu Turab Rizvi, University of Vermont

Sunday 2:00 - 3:45 pm SEA*		Session 54D* Topics in Economics

Chair:

Walter Block, Loyola University - New Orleans

Papers:: "Education and Bureaucracy"; Jerry Goolsby, Loyola University - New Orleans; Walter Block, Loyola University - New Orleans; "The Effects of Employment Protection on Unskilled Workers' Job Opportunities: International Comparisons"; Kirsten Daniel, Loyola University - New Orleans; "The Economics of Higher Education"; Jerry Dauterive, Loyola University - New Orleans; Walter Block, Loyola University - New Orleans; "Has Fractional-Reserve Banking Really Passed the Market Test?"; Guido Hulsmann, Ludwig von Mises Institute

Discussants:: Nikolay Gertchev, Ludwig von Mises Institute; J. Patrick O'Brien, Loyola University - New Orleans; William Barnett II, Loyola University - New Orleans; James Viator, Loyola University - New Orleans

Sunday 2:00 - 3:45 pm SEA*		Session 55D* Micro-Econometric Applications

Chair:

Mary McGarvey, University of Nebraska - Lincoln

Papers:: "Efficiency vs. Heterogeneous Technologies in Turkish Banking: 1990-2000"; Mahmoud El-Gamal, Rice University; Hulusi Inanoglu, Rice University; "An Evaluation of the Impact of the Social Security Disability Insurance Program on Labor Force Participation During the 1990s"; Susan Chen, University of North Carolina - Chapel Hill; Wilbert van der Klaauw, University of North Carolina - Chapel Hill; "Accessibility Measures in Models of Regional Economic Activity: Theory and Estimation"; Christopher R. Bollinger, University of Kentucky; "Specification Testing for Spatially Correlated Panel Data"; Mary McGarvey, University of Nebraska - Lincoln; Mary Beth Walker, Georgia State University

Discussants:: Shiferaw Gurmu, Georgia State University; John V. Pepper, University of Virginia

Sunday 2:00 - 3:45 pm SEA		Session 56D Unions, Training, and Wages

Chair:

Mary Ellen Benedict, Bowling Green State University

Papers:: "Union-Nonunion Wage Differentials and Macroeconomic Activity"; Bradley T. Ewing, Texas Tech University; Phanindra V. Wunnava, Middlebury College; "The Impact of Unionization on Faculty Salaries 1978-1998: A Test of Empirical Methods"; Mary Ellen Benedict, Bowling Green State University

Discussants:: Mary Ellen Benedict, Bowling Green State University; Linda S. Ghent, Eastern Illinois University

Sunday 2:00 - 3:45 pm SCREE		Session 57D Environmental Vauation

Chair:

John C. Whitehead, University of North Carolina - Wilmington

Papers:: "Consideration Sets and Continuous Demand System Models"; Roger H. Von Haefen, Bureau of Labor Statistics; "Choice Model and Contingent Valuation Estimates of the Value of Ecosystem Attributes"; James R. Kahn, Washington and Lee University; Steven Stewart, University of Tennessee; Yuki Takatsuka, University of Tennessee; "The Economic Effects of Pfiesteria in the Mid-Atlantic Region"; Timothy C. Haab, Ohio State University; George R. Parsons, University of Delaware; John C. Whitehead, University of North Carolina - Wilmington; "Self-Protection and Averting Behavior in Consumption, Value of Statistical Lives, and Benefit-Cost Analysis of Environmental Policy"; Glenn C. Blomquist, University of Kentucky

Discussants:: Glenn C. Blomquist, University of Kentucky; Steven Stewart, University of Tennessee; Roger H. Von Haefen, Bureau of Labor Statistics; John C. Whitehead, University of North Carolina - Wilmington

Sunday 2:00 - 3:45 pm SDAE		Session 58D Fritz Machlup: A Centenary Appreciation

Co-Chairs:

Richard Ebeling, Hillsdale College
Roger Koppl, Farleigh Dickinson University

Papers:: "Fritz Machlup on Ideal Types"; Mie Augier, Stanford University; Roger Koppl, Farleigh Dickinson University; "Money, Capital, and the Business Cycle: The Early Machlup"; Richard Ebeling, Hillsdale College

Sunday 2:00 - 3:45 pm IEFS		Session 59D Trade and Wages

Chair:

Henry Thompson, Auburn University

Papers:: "Does Trade Favor Lower Income Countries?"; Farhad Rassekh, University of Hartford; "Free Trade and Income Redistribution in Colombia"; Hugo Toledo, American University of Sharjah (UAE); "Robustness of the Stolper-Samuelson Intensity Price Link"; Henry Thompson, Auburn University; "Globalization and Wages: Some Theory and Evidence"; Joseph Francois, Erasmus University - Rotterdam; Douglas R. Nelson, Tulane University

Discussants:: Douglas R. Nelson, Tulane University; Farhad Rassekh, University of Hartford; Henry Thompson, Auburn University; Hugo Toledo, American University of Sharjah (UAE)

Sunday 2:00 - 3:45 pm ESA		Session 60D Experimenters and Econometricians II: Precision, Endogeneity, Selection and Identification

Chair:

Nat Wilcox, University of Houston

Papers:: "Recombinant Estimation for Normal-form Games, with Application ot Auctions and Bargaining"; David Lucking-Reiley, Vanderbilt University; Charles H. Mullin, University of California - Los Angeles; "Randomization, Endogeneity and Laboratory Experiments: The Role of Cash Balances in Private Value Acutions"; John c. Ham, Ohio State University; John H. Kagel, Ohio State University; Steven F. Lehrer, University of Pennsylvania; "Estimating Individual Discount Rates for the United States: Inferences from a Natural Field Experiment"; Glenn W. Harrison, University of South Carolina; Eric Johnson, University of South Carolina

Discussants:: Alok Bohara, University of New Mexico; Michael McKee, University of New Mexico

Sunday 2:00 - 3:45 pm NAFE		Session 61D Estimation Problems in Forensic Reports

Chair:

David H. Ciscel, University of Memphis

Papers:: "Using a 40-year Sample to CPS Occupational Data to Forecast Earnings Capacity"; Thomas Carroll, University of Nevada - Las Vegas; "Household Labor by Family Type and Gender: A PSID Update"; David C. Sharp, University of Southern Mississippi; David H. Ciscel, University of Memphis

Discussants:: Allyn Needham, Shipp, Needham & Durham, LLC; Patrick Fitzgerald, Oklahoma City University

Sunday 2:00 - 3:45 pm SEA		Session 62D Public Choice I

Chair:

Edward J. López, University of North Texas

Papers:: "The Demand for Bribed Votes"; R. Morris Coats, Nicholls State University; Thomas R. Dalton, Southern University - New Orleans; "Collective Action and Protection: Theory and Evidence"; Richard Damania, University of Adelaide; Per G. Fredriksson, Southern Methodist University; Thomas Osang, Southern Methodist University; "Incorporating Political Institutions into Rent Seeking Games"; R. Kenneth Godwin, University of North Carolina - Charlotte; Edward J. López, University of North Texas; Barry J. Seldon, University of Texas - Dallas; "The Effects of Intragroup Interaction in a Public Goods Experiment with Two Exchanges"; Yoav Wachsman, University of Hawaii at Manoa

Discussants:: Omer Gokcekus, North Carolina Central University; J. Brian O'Roark, James Madison University

Sunday 2:00 - 3:45 pm SEA		Session 63D Topics in Industrial Organization: Part Two

Chair:

Daniel Flores-Guri, Skidmore College

Papers:: "Search Costs, the Internet, and the Pricing of Prescription Drugs"; Tanmoy Bhattacharya, University of Kentucky; Frank Scott, University of Kentucky; "Regulated Research Joint Ventures: A Duopoly Example"; Mark W. Frank, Sam Houston State University; "Market Power, Debt and Optimal Fiscal Policy"; Veysel Ulusoy, University of Bahcesehir - Turkey; "Endogenous Growth, Heterogeneous Firms, and Market Structure"; Christopher A. Laincz, Duke University

Discussants:: Todd D. Kendall, University of Chicago; Pamela M. Schmitt, United States Naval Academy; Robert Shupp, Ball State University

Sunday 2:00 - 3:45 pm SEA		Session 64D Econometric Methods II

Chair:

R. Carter Hill, Louisiana State University

Papers:: "Forecasting Accuracy of Stochastic Frontier Models: Theory Helps"; Dennis Edwards, Centre College; Dek Terrell, Louisiana State University; "Test Statistics and Critical Values in Selectivity Models"; R. Carter Hill, Louisiana State University; Lee C. Adkins, Oklahoma State University; Keith A. Bender, University of Wisconsin - Milwaukee; "A Monte Carlo Study of the Effect of Design Characteristic of the Inequality Restricted Maximum Entropy Estimator"; Randall C. Campbell, Louisiana State University; R. Carter Hill, Louisiana State University; "Outliers and Autoregressive Model Selection Criteria: A Forecasting Perspective"; Joseph Palardy, West Virginia University

Discussants:: Rajaguru Gulasekaran, National University of Singapore; Sotiris Karkalakos, University of Illinois - Urbana-Champaign

Sunday 2:00 - 3:45 pm SEA		Session 65D Some Economic Effects of Religion and Religious Freedom

Chair:

Mohammed A. Dabbagh, Florida Metropolitan University

Papers:: "Religious Freedom and the Unintended Consequences of the Establishment of Religion"; Carl R. Gwin, Baylor University; Charles M. North, Baylor University; "Explaining Church Performance: Evidence from Southern Baptist Congregations"; Michelle W. Trawick, Western Kentucky University; Stephen E. Lile, Western Kentucky University; "Tithing and Asset Prices"; David Tufte, Southern Utah University; Joe Baker, Southern Utah University; Kim Craft, Southern Utah University

Discussants:: William D. Bradford, University of Washington; Shauna Saunders, Duke University

Sunday 2:00 - 3:45 pm SEA		Session 66D Economics of Labor Supply

Chair:

James J. Jozefowicz, Indiana University of Pennsylvania

Papers:: "Determinants of Employment for American Single Parents"; Sumati Srinivas, Central Michigan University; "Determinants of Military Enlistment Decisions"; James J. Jozefowicz, Indiana University of Pennsylvania; Stephen J. Mihalacki, Indiana University of Pennsylvania; "The SGA Level and Work Behavior of Social Security DI Beneficiaries"; Michael J. Collins, U.S. General Accounting Office; Mark Trapani, U.S. General Accounting Office; Charles Jeszeck, U.S. General Accounting Office

Discussants:: W. David Allen, University of Alabama - Huntsville; Michael J. Collins, U.S. General Accounting Office

Sunday 2:00 - 3:45 pm SEA		Session 67D Exchange Rate Determination

Chair:

Adrienne A. Kearney, University of Maine

Papers:: "Real Exchange Rates in the Post-Bretton Woods Era"; Francis W. Ahking, University of Connecticut; "Exchange Rates and the News: Have We Missed the Business Cycle Relationship?"; Kevin H. McIntyre, Western Maryland College; Holly K. Smith, Western Maryland College; "The Forward Premium Puzzle: Are the Transaction Costs Blamed?"; Hiroya Akiba, Waseda University - Tokyo; Ayano Satou, Waseda University - Tokyo; Yoshihiro Kitamura, Waseda University - Tokyo; "Nonlinear Mean Reversion and Persistence in Real Exchange Rates: Evidence from a Unit Root Test and an ESTAR Model"; Rehim Kiliç, Georgia Institute of Technology

Discussants:: Min Shi, University of Wisconsin - Madison; Mark Wheeler, Western Michigan University

Sunday 2:00 - 3:45 pm SEA*		Session 68D* Topics in Sports Economics

Chair:

Dennis C. Coates, University of Maryland Baltimore County

Papers:: "Positional Segregation in Sports: Considering Comparative Advantage"; Brian Goff, Western Kentucky University; "Capacity Constraints Limit the Economic Impact of Sporting Events: Lessons from the Olympic Games"; Philip K. Porter, University of South Florida; Deborah Fletcher, University of Florida; "The Economics of Competitive Balance"; Allen Sanderson, University of Chicago; John J. Siegfried, Vanderbilt University; "Ring Around the Rose Bowl: The Spatial Economic Impact of Stadiums and Arenas"; Dennis C. Coates, University of Maryland Baltimore County; Brad R. Humphreys, University of Maryland - Baltimore

Discussants:: William F. Shughart II, University of Mississippi; Brian Goff, Western Kentucky University; Brad R. Humphreys, University of Maryland - Baltimore; Deborah Fletcher, University of Florida

Sunday, 4:00 pm

Session 69E*

Distinguished Guest Lecture

Sunday 4:00 - 5:00 pm SEA*		Session 69E* Distinguished Guest Lecture

Speaker:

Robert D. McTeer, Jr., Federal Reserve Bank of Dallas
President, Federal Reserve Bank of Dallas

Topic:: "Reflections and Confessions of an Erstwhile Economist"

Sunday, 5:00 pm

Session 70F	Georgescu-Rogen Prize in Economics
Session 71F	Post-Lecture Cash Bar and Job Market Poster Fair

Sunday
5:00 pm
SEA

Session 70F
Georgescu-Rogen Prize in Economics

Sunday
5:15 - 7:00 pm
SEA

Session 71F
Post-Lecture Cash Bar and Job Market Poster Fair

Monday, 8:00 am

Session 72G*	The German Social Market Economy - A Critical Re-Appraisal
Session 73G*	Applications in Labor Economics
Session 74G*	The Economics of Higher Education
Session 75G*	International Economic Thought and Policy
Session 76G*	Studies of Industrial Collusion
Session 77G*	Technology and Growth
Session 79G	Price Responsiveness of the Health Care Industry: Evidence from Medicaid, Medicare, and the Pharmaceutical Industry
Session 80G	The Teaching of Economics
Session 81G	Economic Issues in the Middle East
Session 82G	Agricultural and Natural Resource Economics
Session 83G	Roundtable on Teaching Austrian Economics to Undergraduates
Session 84G	Exchange Rate Economics
Session 85G	Charitable Giving
Session 86G	Economic Development and Growth
Session 87G	Economic Analysis of Energy Markets
Session 88G	Labor Economics
Session 89G	International Trade
Session 90G	Regulation and Economic Outcomes
Session 91G*	The Economics of Reparations
Session 92G	Industrial Organization Theory
Session 93G	Topics in Microeconomics

Monday 8:00 - 9:45 am SEA*		Session 72G* The German Social Market Economy - A Critical Re-Appraisal

Chair:

Jürgen G. Backhaus, University of Erfurt

Papers:: "The Social Market Economy as a Theoretical Paradigm and a Conception of Economic Policy"; Jürgen G. Backhaus, University of Erfurt; "Conceptual Varieties of the Concept "Soziale Marktwirtschaft" and Their Implementation in Post-War Germany"; Helge Peukert, University of Erfurt; "Change and Continuity in A. Mueller Armack's Social Market Economy Program"; Alexander Ebner, University of Erfurt; "Globalization as a Challenge for the Social Market Economy"; Reginald Hansen,

Monday 8:00 - 9:45 am SEA*		Session 73G* Applications in Labor Economics

Chair:

Donna Ginther, University of Kansas

Papers:: "Measurement Error and the Black-White Wage Gap"; Christopher R. Bollinger, University of Kentucky; "Immigrants and Their Firms: The Effect of Workplace on Immigration Outcomes"; Paul Lengermann, Board of Governors of the Federal Reserve System; Roberto Pedace, University of Redlands; "The Role of Labor-Market Arbitrage in Interstate Migration, 1981-2000"; Emek Basker, University of Missouri - Columbia; "What are Food Stamps Worth?"; Diane Whitmore, University of Chicago

Discussants:: Christopher R. Bollinger, University of Kentucky; Donna Ginther, University of Kansas

Monday 8:00 - 9:45 am SEA*		Session 74G* The Economics of Higher Education

Chair:

Reuben Kyle, Middle Tennessee State University

Papers:: "Measuring Up 2000: The State-by-State Report Card for Higher Education; Its Implications for the Economic Development of the South"; Barbara S. Haskew, Middle Tennessee State University; "Is Higher Education an Investment in Human Capital, Consumption, or Just a Ponzi Scheme?"; Roderic Hewlett, Minot State University; "Educational Production Functions: A Critique and Synthesis"; Christopher C. Klein, Tennessee Regulatory Authority; "Shaping Higher Education in Ukraine: Economic Questions in the Debate"; Gene Ellis,

Discussants:: George Carter, University of Southern Mississippi; Rick Brooks, Freed-Hardeman University; Charles L. Baum, Middle Tennessee State University; Frank M. Murtaugh, Norwich University

Monday 8:00 - 9:45 am SEA*		Session 75G* International Economic Thought and Policy

Chair:

Bernard F. Sliger, Florida State University

Papers:: "Competitiveness Policy - Theory and Practice"; Tea Petrin, University of Ljubljana; "From Economics to Entrepreneurship and Back to Socialism - The Experience from Slovenia"; Ales Vahcic, University of Ljubljana; "Human Capital and the Cuban Migrations Revisited"; Raul Moncarz, Florida International University; "In Search of the New Financial Economics: Behavior, Risk, and Technology in a Global Economy"; Harvey Arbelaez, Monterey Institute of International Studies

Discussants:: George Christou, Athens University of Economics and Business; Karin Peterson LaBarge, Vanguard Group

Monday 8:00 - 9:45 am SEA*		Session 76G* Studies of Industrial Collusion

Chair:

Peter Grossman, Butler University

Papers:: "International Cartels in the 1990s: Implications for Theory and Policy"; Margaret Levenstein, University of Massachusetts; Valerie Y. Suslow, University of Michigan - Ann Arbor; "If Cartels Were Legal, When Would Firms Fix Prices?"; Andrew J. Dick, U.S. Department of Justice; "Collaborate to Collude? Multimarket and Multiproduct Contact in R&D"; Yongsuk Jang, George Washington University; Nicholas S. Vonortas, George Washington University

Monday 8:00 - 9:45 am SEA*		Session 77G* Technology and Growth

Chair:

Anusua Datta, Philadelphia University

Papers:: "Human Capital and Convergence in a Non-Scale R&D Growth Model"; Chris Papageorgiou, Louisiana State University; Fidel Perez Sebastian, University of Alicante; "Measuring a Patent Production Function: Evidence from the U.S. Agriculture Sector"; Dan Hallstrom, North Carolina State University; Simla Tokgoz, North Carolina State University; "International R&D Spillovers, Convergence and Divergence: A Time Series Analysis"; Anusua Datta, Philadelphia University; Hamid Mohtadi, University of Wisconsin

Discussants:: Hamid Mohtadi, University of Wisconsin; Chris Papageorgiou, Louisiana State University; Simla Tokgoz, North Carolina State University

Monday 8:00 - 9:45 am SEA		Session 79G Price Responsiveness of the Health Care Industry: Evidence from Medicaid, Medicare, and the Pharmaceutical Industry

Chair:

M. Melinda Pitts, Federal Reserve Bank of Atlanta

Papers:: "Market Segmentation, Rebate, Regulation and Pharmaceutical R & D"; Jay P. Bae, Georgia State University; "Do Dentists Respond to Changes in the Medicaid Reimbursement Rate?"; M. Melinda Pitts, Federal Reserve Bank of Atlanta; "Epidemic of Overweight Children: The Hidden Cost"; Eric Johnson, University of South Carolina; Melayne Morgan McInnis, University of South Carolina; Judith A. Shinogle, University of South Carolina

Discussants:: Brian S. Armour, Kerr L. White Institute for Health Services Research; M. Melinda Pitts, Federal Reserve Bank of Atlanta

Monday 8:00 - 9:45 am SEA		Session 80G The Teaching of Economics

Chair:

Gene Lebrenz, Florida Southern College

Papers:: "Explaining the Drop in Undergraduate Economic Majors"; David Tufte, Southern Utah University; Joe Baker, Southern Utah University; Kim Craft, Southern Utah University; "Does Economics Really Have Any Relevancy to My Life? The Use of Journals and Reflection Papers in Introductory Economics Classes"; Stephanie M. Brewer, Indiana University of Pennsylvania; James J. Jozefowicz, Indiana University of Pennsylvania; "Making Economics More Vital to the Undergraduate Business Student: Evidence from a Survey of Business Faculty"; Susan Washburn Taylor, Millsaps College; Penelope J. Prenshaw, Millsaps College; "An Economic Theory of Economics Education"; Paul Romer, Stanford University; "Measuring Student Achievement in an Experimental Principles of Microeconomics Course"; Tisha Emerson, Baylor University; Beck Taylor, Baylor University; "Folk Economics"; Paul H. Rubin, Emory University

Discussants:: Kim Andrews, Central Missouri State University; Thomas E. Cooper, Georgetown College; Tisha Emerson, Baylor University; Christine Berry Lloyd, University of Kentucky; Stephanie M. Brewer, Indiana University of Pennsylvania

Monday 8:00 - 9:45 am SEA		Session 81G Economic Issues in the Middle East

Chair:

Francis W. Ahking, University of Connecticut

Papers:: "Consequences of the Gulf War (1990-91) on the Jordanian Economy"; Ziad Swaidan, Jackson State University; Mihai Nica, Jackson State University; "The Present Status of Economic Development in Certain Middle Eastern Arab States and the Prospect in the Future"; Mohammed A. Dabbagh, Florida Metropolitan University

Discussants:: David Y. Chen, North Carolina A&T State University; Mukti Upadhyay, Eastern Illinois University

Monday 8:00 - 9:45 am SEA		Session 82G Agricultural and Natural Resource Economics

Chair:

David A. Anderson, Centre College

Papers:: "Valuing Coastal Wetlands - A Property Price Approach"; Okmyung Bin, East Carolina University; "An Expenditure Analysis for Ecolabeled Paper Products"; Arun K. Srinivasan, University of Kentucky; Glenn C. Blomquist, University of Kentucky; "Dichotomous Frameworks and Environmental Economics"; Thomas S. Chapman, Ohio State University; Fredrick J. Hitzhusen,; "On the Economics of Aquaculture"; John Leonard, Southeastern Louisiana University; Sang H. Lee, Southeastern Louisiana University; Joe Prinzinger, Lynchburg College; "Because That's Where the Fish Are? Spatial Analysis of Locational Choice in the Eastern Bering Sea"; Kurt Schnier, University of Arizona

Discussants:: Dina Francheschi, Fairfield University; D. Matt Massey, U.S. Environmental Protection Agency

Monday 8:00 - 9:45 am SDAE		Session 83G Roundtable on Teaching Austrian Economics to Undergraduates

Chair:

Steven G. Horwitz, St. Lawrence University

Participants:: Peter J. Boettke, George Mason University; Emily Chamlee-Wright, Beloit College; Steven G. Horwitz, St. Lawrence University; David Prychitko, Northern Michigan University; Robin Rowley, McGill University

Monday 8:00 - 9:45 am IEFS		Session 84G Exchange Rate Economics

Chair:

Henry Thompson, Auburn University

Papers:: "Monetary Policy, Exchange Rates, and Agricultural Growth in Brazil"; John D. Jackson, Auburn University; Dirce Regina Melo, Auburn University; "Measuring the Effects of Exchange Rate Adjustment on the Balance of Trade and Welfare with an Equilibrium Displacement Model"; Ghandi Raj Bhattarai, Auburn University; "News' Models in the Exchange Rate Markets: The Importance of Fundamental and Nonfundamental Factors Under a Flexible Exchange Rate Regime"; Lucy Amigo Dobaño, University of Vigo - Spain; "Exchange Rates as Cost Shifters for U.S. Agricultural Exports"; Almarwani Abdulkudos, Auburn University; Curtis M. Jolly, Auburn University; Carel Ligeon, Auburn University

Discussants:: Almarwani Abdulkudos, Auburn University; Ghandi Raj Bhattarai, Auburn University; Lucy Amigo Dobaño, University of Vigo - Spain; John D. Jackson, Auburn University

Monday 8:00 - 9:45 am ESA		Session 85G Charitable Giving

Chair:

Philip J. Grossman, Saint Cloud State University

Papers:: "After You - Endogenous Sequencing of Public Good Contribution Games"; Jan Potters, Tilburg University; Martin Sefton, University of Nottingham; Lise Vesterlund, University of Pittsburgh; "Raising Revenues for Charity: Auctions vs. Lotteries"; Douglas Davis, Virginia Commonwealth University; Robert J. Reilly, Virginia Commonwealth University; Laura Razzolini, National Science Foundation and University of Mississippi; Bart J. Wilson, George Mason University; "Rebate vs. Matching Subsidies: Further Evidence"; Catherine Eckel, Virginia Polytechnic Institute and State University; Philip J. Grossman, Saint Cloud State University; "Crowding Out Private Charitable Giving: An Experimental Text"; Philip J. Grossman, Saint Cloud State University

Discussants:: Christopher M. Anderson, University of Rhode Island; Juergen Bracht, Hebrew University of Jerusalem; Glenn W. Harrison, University of South Carolina; John A. List, University of Maryland

Monday 8:00 - 9:45 am CEANA		Session 86G Economic Development and Growth

Chair:

Yu Hsing, Southeastern Louisiana University

Papers:: "Land Tenure Institutions and Agricultural Productivity in China: An Application of the Restricted Profit Function Approach"; Charles Krusekopf, Austin College; "The Productivity of Changes in Asia Exchange Rates: 1983-2002"; Jonathan E. Leightner, Augusta State University; "Taiwan's Economic Growth: The Role of Higher Education"; Tin-Chun Lin, Southeastern Louisiana University; John H. Riew, Pennsylvania State University; "Conditions for Equilibrium in a Bioeconomic System: Dynamic Optimization Modeling and Policy Reference"; Yvonne Chen, DePaul University

Discussants:: Yvonne Chen, DePaul University; Xiaopeng Cheng, University of Hawaii at Manoa; Jonathan E. Leightner, Augusta State University; Tin-Chun Lin, Southeastern Louisiana University

Monday 8:00 - 9:45 am SEA		Session 87G Economic Analysis of Energy Markets

Chair:

James H. Murphy, Western Carolina University

Papers:: "The Market's Valuation of Nuclear Generating Utilities During the 90's"; Lisa Cave, University of Kentucky; "Gas Market Deregulation: The German Case"; Matthias Niederprüm, GMO Management Consulting GmbH; Michael Pickhardt, Bergische Universität Wuppertal; "A Dynamic Panel Estimation and Forecast of Energy Demand in the U.S. Southern States Using Cointegration Approach"; Williams O. Olatubi, Louisiana State University; "Exploring the Power Deregulation Myth: Stranded Cost Recovery"; Chien-Ping Chen, University of Houston - Victoria

Discussants:: Chien-Ping Chen, University of Houston - Victoria; Shigeru Matsumoto, Kansai University - Japan; Nicholas Stratis, Florida Department of Environmental Protection and Florida State University

Monday 8:00 - 9:45 am SEA		Session 88G Labor Economics

Chair:

Linda S. Ghent, Eastern Illinois University

Papers:: "Are Labor Market Recessions Worse for Minorities in the U.S.?"; Kenneth A. Couch, University of Connecticut; "A Cross-Generational Examination of Nonmarital Teenage Childbearing"; Traci Mach, University at Albany - State University of New York; "On the Curious Role of Education and Housework Productivity: Evidence from Married Women"; David C. Sharp, University of Southern Mississippi; David S. Knowlton, University of Southern Illinois-Edwardsville; "Parent-Child Bargaining, Parental Transfers, and the Postsecondary Education Decision"; Charlene M. Kalenkoski, Ohio University; "Determinants of Commuting Time and Distance for Seoul Residents: The Impact of Family Status on Commuting of Women"; Bun Song Lee, University of Seoul; John F. McDonald, University of Illinois - Chicago

Discussants:: Michael J. Collins, U.S. General Accounting Office; Kenneth A. Couch, University of Connecticut; Junfu Zhang, Public Policy Institute of California

Monday 8:00 - 9:45 am SEA		Session 89G International Trade

Chair:

Sanjay Paul, Elizabethtown College

Papers:: "The Trade Impact of the Integration of the Central and Eastern European Countries on the European Union"; Carmela Martín, Universidad Complutense de Madrid; Jaime Turrión, Universidad Complutense de Madrid; "Does China's Accession into the World Trade Organization mean Pain or Gain to the Economy of the State of Alabama?"; Edward T. Merkel, Troy State University; Lawrence Lovik, Troy State University; "The Economic Effects of International Trade in the United States: Why the Infatuation with Jobs?"; Hendrik Van den Berg, University of Nebraska - Lincoln; Atrayee Ghosh Roy, Minnesota State University-Mankato

Discussants:: William A. Bomberger, University of Florida; Jeremy Schwartz, Indiana University

Monday 8:00 - 9:45 am SEA		Session 90G Regulation and Economic Outcomes

Chair:

John W. Dawson, Appalachian State University

Papers:: "Federal Regulation and the Macroeconomy"; John W. Dawson, Appalachian State University; "Measuring Economic Regulations Around the World"; James Gwartney, Florida State University; Robert A. Lawson, Capital University; "Does the Relative Strength of U.S. Labor Law Impact FDI?"; Michelle W. Trawick, Western Kentucky University; Catherine Carey, Western Kentucky University; "Economic Freedom and Environmental Quality Across Countries"; Michael D. Stroup, Stephen F. Austin State University

Discussants:: Brian Goff, Western Kentucky University; Kellie L. Maske, Appalachian State University; Michael D. Stroup, Stephen F. Austin State University; Todd L. Cherry, Appalachian State University

Monday 8:00 - 9:45 am SEA*		Session 91G* The Economics of Reparations

Chair:

William Spriggs, National Urban League

Papers:: "Reconciliation and Reparations in Oceania: The Cases of Australia and New Zealand"; Samuel Myers, Jr., University of Minnesota; "Economic Theory and Reparations"; George Sherer, Vassar College; "The Economic Consequences of Reparations for African American"; William A. Darity, Jr., University of North Carolina - Chapel Hill

Discussants:: Darrick Hamilton, Yale University; William Spriggs, National Urban League

Monday 8:00 - 9:45 am IOS		Session 92G Industrial Organization Theory

Chair:

Christopher Snyder, George Washington University

Papers:: "Portfolio Models of Journal Pricing: Print v. Digital"; Mark McCabe, Georgia Institute of Technology; "Bargaining, Bundling, and Clout: The Portfolio Effects of Mergers"; Daniel O'Brien, U.S. Federal Trade Commission; "Sequential Procurement of a Long-Term Project"; Hyseyin Yildirim, Duke University; "A Solution to the Hold-Up Problem Involving Gradual Investment"; Christopher Snyder, George Washington University

Monday 8:00 - 9:45 am SEA		Session 93G Topics in Microeconomics

Chair:

Charles A. Holt, University of Virginia
SEA President

Papers:: "Industry Structure and Trade Liberalization"; Hallis Murat Yildiz, Southern Methodist University; "Efficient Risk Sharing and Participation with Catastrophic Risk to Durables"; Matthew S. Chambers, Florida State University; "Joint vs. Individual Taxation and Intrafamily Distribution"; Elisabeth Gugl, Rice University; "An Experimental Comparison of Three Cost-Sharing Mechanisms"; Michael Reksulak, University of Mississippi

Discussants:: Yang-Ming Chang, Kansas State University; Wolfgang Köhler, Duke University

Monday, 10:00 am

Session 94H*	Association Lecture
Session 294H	94.5H Austrian Business Cycle Theory
Session 394H	94.75H Wireless Experiments in the Classroom: Technology Demonstration and Discussion

Monday 10:00 - 11:00 am SEA*		Session 94H* Association Lecture

Speaker:

Charles F. Manski, Northwestern University

Topic:: "Identification Problems in the Social Sciences and in Everyday Life"

Monday 10:00 - 11:45 am SDAE		Session 294H 94.5H Austrian Business Cycle Theory

Chair:

Larry J. Sechrest, Sul Ross State University

Papers:: "The Crucial Role of the Wages-Fund in Unsustainable Expansions"; Larry J. Sechrest, Sul Ross State University; "Capital Theory and Business Cycles"; John P. Cochran, Metropolitan State College of Denver; "Does the Dot-Com Boom-and-Bust Provide Evidence for the Mises-Hayek Business Cycle?"; Gene Callahan, Ludwig von Mises Institute; Roger W. Garrison, Auburn University; "Austrian Macroeconomics: Where Do We Go from Here?"; Patrick Crowley, Texas A&M University; Robin Rowley, McGill University

Discussants:: Steven G. Horwitz, St. Lawrence University

Monday
10:00 - 11:45 am
ESA

Session 394H
94.75H Wireless Experiments in the Classroom: Technology Demonstration and Discussion

Participants:: Sheryl Ball, Virginia Polytechnic Institute and State University; Catherine Eckel, Virginia Polytechnic Institute and State University; Paul Romer, Stanford University

Monday, 12:00 pm

Session 95J	Monetary Policy and Financial Markets
Session 96J*	A Panel Discussion on 'How to Make Economics the Sexy Social Science'
Session 97J*	EU Accession of Transition Economies
Session 98J*	Economic History of the American West
Session 99J*	Issues in Health Economics
Session 100J*	Infant and Child Well-being
Session 101J*	Econometric Analysis of Oil and Gas Production
Session 102J*	Economics of Charter Schools
Session 103J*	Poverty Reduction Strategy Papers: A Critique
Session 104J	Economic Issues in Latin America
Session 105J	Environment in Developing Countries
Session 106J	Don Lavoie Memorial Graduate Student Paper Session
Session 107J	Empirical Open Economy Macroeconomics
Session 108J	Eliciting Preferences and Perceptions
Session 109J	International Economics and Public Policy
Session 110J	Education I: College Tuition and Financial Aid
Session 111J	Technology and Growth
Session 112J	Theory of Market Structure and Performance: Part One
Session 113J	Central Bank Independence
Session 114J	Economics and Pensions
Session 115J	International Finance and Political Economy
Session 116J	Schooling, Health, and Housing

Monday 12:00 - 1:45 pm SEA		Session 95J Monetary Policy and Financial Markets

Chair:

Edward N. Gamber, Lafayette College

Papers:: "Money and Interest Rates: An Application to Latin America"; Jae-Kwang Hwang, Ouachita Baptist University; "Monetary Policy Uncertainty as a Risk Factor in an Arbitrage Pricing Theory Model: A Bivariate GARCH-M Approach"; Tony Caporale, Ohio University; Mark J. Perry, University of Michigan - Flint; "The Effect of Monetary Policy on Bank Lending and Aggregate Output: Asymmetries from Nonlinearities in the Lending Channel"; Jui-chuan (Della) Chang, Texas A&M University; Dennis W. Jansen, Texas A&M University; "Fed Funds Futures Rates and the News"; Adrienne A. Kearney, University of Maine; Raymond E. Lombra, Pennsylvania State University

Discussants:: Doh-Khul Kim, Mississippi State University - Meridian; Elham Mafi, West Virginia University

Monday 12:00 - 1:45 pm SEA*		Session 96J* A Panel Discussion on 'How to Make Economics the Sexy Social Science'

Moderator:

Michael Watts, Purdue University

Panelists:: William E. Becker, Indiana University; Jonathan H. Hamilton, University of Florida; Gail Hoyt, University of Kentucky; W. Douglas McMillin, Louisiana State University; John J. Siegfried, Vanderbilt University; Michael Watts, Purdue University

Monday 12:00 - 1:45 pm SEA*		Session 97J* EU Accession of Transition Economies

Chair:

Teresa A. Beckham, Rhodes College

Papers:: "Real and Monetary Convergence Between the European Union and Transition-Economy Candidate Countries: Market Integration and Policy Coordination"; Josef Brada, Arizona State University; Ali Kutan, Southern Illinois University - Edwardsville; Su Zhou, University of Texas - San Antonio; "Exchange Rate Misalignment: Macroeconomic Fundamentals as an Indicator of Exchange Rate Crises in Transition Economies"; David M. Kemme, University of Memphis; Saktinil Roy, University of Memphis; "Interest Rate Risk Management and Monetary Policies in EU Candidate Countries"; Lucjan Orlowski, Sacred Heart University

Discussants:: Thomas Linne, Halle Institute for Economic Research; Teresa A. Beckham, Rhodes College

Monday 12:00 - 1:45 pm SEA*		Session 98J* Economic History of the American West

Chair:

Bruce L. Benson, Florida State University

Papers:: "The Not so Wild, Wild West: Lessons from the Fur Trapper"; Terry L. Anderson, PERC; P. J. Hill, Wheaton College; "Western Water Rights and the Shift to cCentral Planning"; Andrew P. Morriss, Case Western Reserve University; "Buffalo Wars"; Bruce L. Benson, Florida State University

Discussants:: David Haddock, Northwestern University; Bruce Yandle, Clemson University; D. Bruce Johnsen, George Mason University

Monday 12:00 - 1:45 pm SEA*		Session 99J* Issues in Health Economics

Chair:

Roger D. Blair, University of Florida

Papers:: "Facility Versus Patient Effects on the Treatment Costs of Traumatic Brain Injury"; W. Bruce Vogel, University of Florida; "Hospital Choice and Revealed Preference by Rural Americans"; Tiffany A. Radcliff, University of Florida; "Medicare Medical Savings Accounts: The Dog that Didn't Bark in the Night"; Janice Hauge, University of North Texas; "A Welfare Analysis of Physician Collective Bargaining"; Roger D. Blair, University of Florida; Jill Boylston Herndon, University of Florida

Discussants:: Adam Atherly, Emory University; Neil Jordan, University of South Florida; Patricia Pacey, Pacey Economics Group; Bruce Seaman, Georgia State University

Monday 12:00 - 1:45 pm SEA*		Session 100J* Infant and Child Well-being

Chair:

Karen Smith Conway, University of New Hampshire

Papers:: "Estimating the Impact of Large Cigarette Tax Hikes: The Case of Maternal Smoking and Infant Birth Weight"; Diana Stech Lien, CNA Corporation; William N. Evans, University of Maryland; "Mandatory Medicaid Managed Care in Missouri: A Difference-in-Difference Approach to Evaluating Effects on Prenatal Care Use and Infant Birth Weight"; Anna Stauber Sommers, Urban Institute; Lisa Dubay, Urban Institute; Genevieve M. Kenney, Urban Institute; "Raging Hormones in Puberty: Do They Affect Adolescent Outcomes?"; Steven F. Lehrer, University of Pennsylvania; "Allocating Ressources to Student Achievement -- Home versus School, Boys versus Girls"; Karen Smith Conway, University of New Hampshire; Andrew J. Houtenville, Cornell University

Discussants:: Stratford Douglas, West Virginia University; Tracyann L. Henry, State University of New York - Stony Brook; Minghua Li, University of New Hampshire; Ricardo B. Soares, University of New Hampshire

Monday 12:00 - 1:45 pm SEA*		Session 101J* Econometric Analysis of Oil and Gas Production

Chair:

M. Douglas Berg, Sam Houston State University

Papers:: "Fueling the Future Demand for Natural Gas"; James Kendell, U.S. Department of Energy; "A Neoclassical Approach to Oil and Gas Development"; Kevin Forbes, Catholic University of America; Jon Rasmussen, U.S. Department of Energy; "Why Are Major U.S. Energy Firms Investing So Much More Abroad?"; John R. Moroney, Texas A&M University

Discussants:: Ed Blackburne, Sam Houston State University; Mark Frank, Sam Houston State University; Natalie Hegwood, Sam Houston State University; M. Douglas Berg, Sam Houston State University

Monday 12:00 - 1:45 pm SEA*		Session 102J* Economics of Charter Schools

Chair:

Kathy J. Hayes, Southern Methodist University

Papers:: "School Choice and School Productivity in Texas: The Role of Charter Schools"; Kevin Booker, Texas A&M University; Scott Gilpatric, Texas A&M University; Timothy J. Gronberg, Texas A&M University; Dennis W. Jansen, Texas A&M University; "Do Charter Schools Increase Achievement of Traditional Public Schools?"; George M. Holmes, East Carolina University; "Competition and Efficiency: The Impact of Charter Schools on Public School Performance"; Shawna Grosskopf, Oregon State University; Kathy J. Hayes, Southern Methodist University; Lori L. Taylor, Federal Reserve Bank of Dallas; "Political Action Committees and Charter Schools"; Eugenia F. Toma, University of Kentucky

Monday 12:00 - 1:45 pm SEA*		Session 103J* Poverty Reduction Strategy Papers: A Critique

Chair:

Mwangi S. Kimenyi, Kenya Institute for Public Policy Research and Analysis

Papers:: "Poverty Reduction Strategy Papers: Overview"; Kulundu Manda, Kenya Institute for Public Policy Research and Analysis; Germano Mwabu, Kenya Institute for Public Policy Research and Analysis; "Redistribution Versus Growth in Poverty Reduction Strategy Papers"; Mwangi S. Kimenyi, Kenya Institute for Public Policy Research and Analysis; "Relevance of the Challenges of Economic and Institutional Reforms in Africa"; John Mukum Mbaku, Weber State University; George Saitoti, Vice President and Minister of Home Affairs - Republic of Kenya

Monday 12:00 - 1:45 pm CSWEP		Session 104J Economic Issues in Latin America

Chair:

Myriam Quispe-Agnoli, Federal Reserve Bank of Atlanta

Papers:: "Solidarity Lending and Savings Mobilization: A Case Study of Promujer Peru"; Alicia Robb, Federal Reserve Board; "Measuring Financial Liberalization in Latin America: An Index of Banking Activity"; Elizabeth McQuerry, Federal Reserve Bank of Atlanta; Myriam Quispe-Agnoli, Federal Reserve Bank of Atlanta; "Persistence in Corruption"; Luis Sosa, Colorado School of Mines

Discussants:: Lewis S. Davis, Smith College

Monday 12:00 - 1:45 pm SCREE		Session 105J Environment in Developing Countries

Chair:

James R. Kahn, Washington and Lee University

Papers:: "The Economics of Forest Carbon Sequestration Under the Presence of Fire Risk"; Janaki R.R. Alavalapati, University of Florida; Andrew Stainback, University of Florida; "Shade Coffee and Deforestation in Coastal Oaxaca (Mexico)"; Heidi J. Albers, Resources for the Future; Allen Blackman, Resources for the Future; "Resource Management in the Indian EEZ"; R. Jayaraman, Tamil Nadu Veterinary and Animal Sciences University; "Economics of Organic Coffee Production"; Juan Antonio Aguirre, School for Field Studies - CEDS Apartago; "Rethinking Forest Economics: Sustainable Forestry in the Tropics"; James R. Kahn, Washington and Lee University

Discussants:: Juan Antonio Aguirre, School for Field Studies - CEDS Apartago; James R. Kahn, Washington and Lee University; Steven Stewart, University of Tennessee; John C. Whitehead, University of North Carolina - Wilmington

Monday 12:00 - 1:45 pm SDAE		Session 106J Don Lavoie Memorial Graduate Student Paper Session

Chair:

Peter J. Boettke, George Mason University

Monday 12:00 - 1:45 pm IEFS		Session 107J Empirical Open Economy Macroeconomics

Chair:

Henry Thompson, Auburn University

Papers:: "State of the Art Unit Root Tests and the Purchasing Power of Parity Puzzle"; Claude Lopez, University of Houston; Christian Murray, University of Houston; David H. Papell, University of Houston; "The Determinants of Foreign Direct Investment in Selected Sub-Sahara African Countries"; Liang-Rong Shiau, Norfolk State University; Macki Sissoko, Norfolk State University; "Long-run Purchasing Power Parity: Cassel or Balassa-Samuelson?"; David H. Papell, University of Houston; Ruxandra Prodan, University of Houston; "An Empirical Study on Testing the Safe-Heaven Hypothesis for Six Asian Currencies: A Note"; Tsangyao Chang, Feng Chia University; Wen-Rong Liu, Feng Chia University

Discussants:: Wen-Rong Liu, Feng Chia University; Claude Lopez, University of Houston; Ruxandra Prodan, University of Houston; Macki Sissoko, Norfolk State University

Monday 12:00 - 1:45 pm ESA		Session 108J Eliciting Preferences and Perceptions

Chair:

Jamie Brown Kruse, Texas Tech University

Papers:: "An Experimental Examination of Competence and Confidence Effects"; Matthias Gysler, Swiss Federal Institute of Technology; Renate Schubert, Swiss Federal Institute of Technology; Jamie Brown Kruse, Texas Tech University; "Ignorance Begets Confidence: The Expanding University of Imperfect Information"; Paul J. Ferraro, Georgia State University; "Equity Preferences and Decision Making Power"; E. Elisabet Rutström, University of South Carolina; Melonie B. Williams, U.S. Environmental Protection Agency; "Eliciting Subjective Beliefs About Mortality Risk Orderings"; Glenn W. Harrison, University of South Carolina; E. Elisabet Rutström, University of South Carolina

Discussants:: Nicholas Feltovich, University of Houston; John H. Kagel, Ohio State University; Michael McKee, University of New Mexico; Robert Waller, U.S. Airforce Academy

Monday 12:00 - 1:45 pm CEANA		Session 109J International Economics and Public Policy

Chair:

Jonathan E. Leightner, Augusta State University

Papers:: "Impacts of Yen Depreciation and Low Deposit Rates on the Japanese Economy"; Hui S. Chang, University of Tennessee; Yu Hsing, Southeastern Louisiana University; "The Intellectual Property Rights Protection and Global Technological Change"; Xiaopeng Cheng, University of Hawaii at Manoa; "A Simultaneous Model of the Spatial Distribution of Crime and Retail Development in an Urban Area"; David Bowes, Southeastern Louisiana University

Discussants:: Yu Hsing, Southeastern Louisiana University; Charles Krusekopf, Austin College; Jonathan E. Leightner, Augusta State University

Monday 12:00 - 1:45 pm SEA		Session 110J Education I: College Tuition and Financial Aid

Chair:

Deborah Fletcher, University of Florida

Papers:: "Does Merit Based Aid Lower Human Capital?"; Christopher Cornwell, University of Georgia; Kyunghee Lee, University of Georgia; David B. Mustard, University of Georgia; "Parents Who Won't Pay: Expected Parental Contributions & Postsecondary Schooling"; Charlene M. Kalenkoski, Ohio University; "Impact of Tuition Costs and Financial Aid on College Choice"; Amlan Mitra, Purdue University Calumet; Michael J. Kull, Purdue University Calumet; Shomir Sil, Purdue University Calumet; "Net Tuition Revenue Generation at Private Liberal Arts Colleges"; Jeffrey A. Summers, Linfield College

Discussants:: Timothy M. Diette, University of North Carolina - Chapel Hill; Richard J. Stemple, Jr., Northwest Vista College

Monday 12:00 - 1:45 pm SEA		Session 111J Technology and Growth

Chair:

James Cobbe, Florida State University

Papers:: "How Important is Technology Transfer for Productivity Growth? A Causal Model for Turkey using LISREL"; Nevin Cavusoglu, University of New Hampshire; "The Comparative Contagion of Domestic and International R&D on Sectoral Productivity Gains"; Maryanne Clifford, Eastern Connecticut State University; "International Technology Diffusion Through Imports and Its Impact on Economic Growth"; Jorge Crespo, Universidad Complutense de Madrid; Carmela Martín, Universidad Complutense de Madrid; Francisco J. Velázquez, Universidad Complutense de Madrid; "Digital Divide and Productivity Growth: Cross-Country Evidence"; Antonina Espiritu, Hawaii Pacific University

Discussants:: Mary Mathewes Kassis, State University of West Georgia; Sanja Samirana Pattnayak, National University of Singapore; Christopher A. Laincz, Duke University

Monday 12:00 - 1:45 pm SEA		Session 112J Theory of Market Structure and Performance: Part One

Chair:

Dean Showalter, Southwest Texas State University

Papers:: "Contracting with Downstream Bertrand Competitors"; Richard Guy Cox, University of Arkansas - Little Rock; "Entry Deterrence Through Credit Denial"; Dean Showalter, Southwest Texas State University; "Optimal Strategic Alliances as Firms' Size"; Soo Jeoung Sohn, Sungkyunkwan University

Discussants:: Julie DeCourcy, Trinity University; Frank Martin, Southern University - New Orleans

Monday 12:00 - 1:45 pm SEA		Session 113J Central Bank Independence

Chair:

Gregory A. Falls, Central Michigan University

Papers:: "Central Bank Independence and Economic Performance"; Gyan Pradhan, Westminster College; Kamal P. Upadhyaya, University of New Haven; "Central Bank Independence and Optimal Seignorage: Implications of the Improved Estimates on the Influence of Central Bank Independence on Inflation Variability"; Hermann Sintim-Aboagye, Montclair State University; David Tufte, Southern Utah University; "Macroeconomic Risk and Central Bank Independence: Improved Estimates on the Influence of Central Bank Independence on Inflation Variability; International Evidence"; Hermann Sintim-Aboagye, Montclair State University; David Tufte, Southern Utah University; "A New Approach to Estimating the Influence of Central Bank Independence on the Variability of Inflation: International Evidence of the Implications on the Term Structure and Financial Markets"; Hermann Sintim-Aboagye, Montclair State University; David Tufte, Southern Utah University

Discussants:: Song Han, Board of Governors of the Federal Reserve System; Daniel Rodriguez, Emory University

Monday 12:00 - 1:45 pm SEA		Session 114J Economics and Pensions

Chair:

Mary Ellen Benedict, Bowling Green State University

Papers:: "Do People Understand Their Pension Benefits?"; Harold W. Elder, University of Alabama; Patricia M. Rudolph, American University; "The Relationship Between Type of Pension and Years of Service for Faculty in the University of North Carolina System"; Robert L. Clark, North Carolina State University; Linda S. Ghent, Eastern Illinois University; Ann A. McDermed, North Carolina State University; "A Model of Pension Program Choice in Colombia"; Kristin J. Kleinjans, University of Pittsburgh

Discussants:: Mary Ellen Benedict, Bowling Green State University; Snezhanna Kovtun, University of Kentucky; Patricia M. Rudolph, American University

Monday 12:00 - 1:45 pm SEA		Session 115J International Finance and Political Economy

Chair:

John C. Soper, John Carroll University

Papers:: "Financial Liberalization and Risk-Taking: Evidence from the EU"; Xiaofen Chen, Truman State University; "Impact of IMF Lending on the Volume and Maturity of International Lending"; Jorge Martinez-Vazquez, Georgia State University; Wasseem Mina, Georgia State University; "'Steeling' House Votes at Low Prices for the Steel Import Quota Bill of 1999"; Robert C. Fisher, Thomas Weisel Partners LLC; Omer Gokcekus, North Carolina Central University; Edward Tower, Duke University; "Voluntary Import Expansion and Direct Investment"; Masao Oda, Kansai University - Japan; Robert Stapp, University of Arkansas

Discussants:: David M. Arseneau, University of Virginia; Neven T. Valev, Georgia State University; Xiaomeng Yang, Washington and Lee University

Monday 12:00 - 1:45 pm SEA		Session 116J Schooling, Health, and Housing

Chair:

Arthur H. Goldsmith, Washington and Lee University

Papers:: "Managed Care, Organizational Form, and the Quality of Care"; Sourav Chattejee, University of Florida; "A Study to Determine if HOPE VI Sites Increase Area Housing Prices"; LaTanya N. Brown, Howard University; "Maternal Work, Welfare, Migration, and Child Development"; Haiyong Liu, University of North Carolina - Chapel Hill; "School Quality for African Americans in South Carolina Prior to 1960"; Neil Canaday, Clemson University

Discussants:: David C. Black, University of Toledo; Brian E. Chezum, St. Lawrence University

Monday, 2:00 pm

Session 117K*	Environmental Economics: Mackerels to Nuclear Waste
Session 118K	International Monetary Economics
Session 119K	Issues in State and Local Economics
Session 120K*	Studies in Pre-War Monetary Economics
Session 121K*	Current Issues in Health Insurance Markets
Session 122K*	The Economics of Native Americans
Session 123K*	Trade and Policy in Developing Economies
Session 124K*	The Economics of Teacher Attrition and Teacher Assignment
Session 125K*	Family Well-Being and Public Policy
Session 126K	Discrimination in the Workplace
Session 127K	Children, Asthma and the Environment: Economic Perspectives
Session 128K	Calculation and the Firm
Session 129K	International Patents, R&D, and Monopolies
Session 130K	Dynamic Games, Tax Compliance and Non Parametric Tests
Session 131K	Applied Economic Issues
Session 132K	Health Economics II: Doctors and Patients
Session 133K	More on Growth and Development
Session 134K	Empirical Studies of Market Structure and Performance
Session 135K	Economics and Inequality
Session 136K	Economics of Immigration and Worker Quality
Session 137K	Empirical Research on Antitrust and Regulation
Session 138K	Economic Growth: Theory and Evidence

Monday 2:00 - 3:45 pm SEA*		Session 117K* Environmental Economics: Mackerels to Nuclear Waste

Chair:

Paul E. Chambers, Central Missouri State University

Papers:: "Environmental Consequences in Foreign Market Expansion"; Pablo Hernandez, University of Notre Dame; "Carbon Taxes, Global Warming, and Incomplete Monitoring"; Paul E. Chambers, Central Missouri State University; Richard Jensen, University of Notre Dame; "Nuclear Material Containment and U.S. Aid to Former Soviet States"; Catherine M. Chambers, Central Missouri State University; George Wilson, Central Missouri State University; "Joint Estimation of Willingness to Pay and Demand Uncertainty for King Mackerel and Red Snapper"; Timothy C. Haab, Ohio State University; John C. Whitehead, University of North Carolina - Wilmington

Discussants:: Paul E. Chambers, Central Missouri State University; Pablo Hernandez, University of Notre Dame; John C. Whitehead, University of North Carolina - Wilmington; Catherine M. Chambers, Central Missouri State University

Monday 2:00 - 3:45 pm SEA		Session 118K International Monetary Economics

Chair:

Edward T. Merkel, Troy State University

Papers:: "Financial Intermediation and Monitoring Costs in a Small Open Economy Model"; Dmitriy Kovtun, University of Kentucky; "Has Monetary Policy Become More Efficient in Mexico?"; Stephen G. Cecchetti, Ohio State University; Alfonso Flores-Lagunes, University of Arizona; Stefan Krause, Ohio State University; "Monetary Policy Rule and Capital Inflows by Component"; David Y. Chen, North Carolina A&T State University; "Trading Rule Profits and Foreign Exchange Market Intervention in Emerging Economies"; Leticia G. Garcia, West Virginia University

Discussants:: Laura L. Clauser, U.S. Department of the Treasury; Philip D. Taylor, Wesleyan College

Monday 2:00 - 3:45 pm SEA		Session 119K Issues in State and Local Economics

Chair:

Gary A. Wagner, Duquesne University

Papers:: "Are Traffic Tickets Countercyclical: Evidence of Local Government Leviathan"; Thomas A. Garrett, Federal Reserve Bank of St. Louis; "The Timing of Paychecks: Do Those Who Should Know Better Act Better?"; Victor V. Claar, Hope College; Ross D. Poll, Hope College; "Subnational Fiscal Policy and Business Cycles: Do State Budget Stabilization Funds Contribute to Business Cycle Smoothing?"; Gary A. Wagner, Duquesne University; "Inefficient Education Spending in Public School Districts: A Care for Consolidation"; Thomas A. Garrett, Federal Reserve Bank of St. Louis; Marvin E. Dodson III, University of Central Arkansas

Discussants:: Thomas A. Garrett, Federal Reserve Bank of St. Louis; Russell M. Rhine, Saint Mary's College of Maryland

Monday 2:00 - 3:45 pm SEA*		Session 120K* Studies in Pre-War Monetary Economics

Chair:

Frank G. Steindl, Oklahoma State University

Papers:: "On the Origins of the Fed"; Elmus R. Wicker, Indiana University; "The Junk Bond Market, 1910-1955"; Hugh Rockoff, Rutgers University; "Taxes and Currency: The Populist Revolutilon of 1913"; Mark Toma, University of Kentucky

Discussants:: Ellis W. Tallman, Federal Reserve Bank of Atlanta; Ronald D. Gilbert, Texas Tech University; Terence Decker, Wichita State University

Monday 2:00 - 3:45 pm SEA*		Session 121K* Current Issues in Health Insurance Markets

Chair:

Ana Maria Turner Lomperis, Saint Louis University

Papers:: "Employer-Provided Health Insurance, Adverse Selection and Existence of Equilibrium"; James Marton, University of Kentucky; "The Economic Impact of State-Level Health Insurance Mandates"; James Henderson, Baylor University; J. Allen Seward, Baylor University; Beck Taylor, Baylor University; "Majority of Minorities: Implementing SCHIP in California"; Cynthia M. Saunders, California State University - Long Beach

Discussants:: Kathryn H. Anderson, Vanderbilt University; Gerald L. Glandon, University of Alabama - Birmingham; Claudia R. Campbell, Tulane University

Monday 2:00 - 3:45 pm SEA*		Session 122K* The Economics of Native Americans

Chair:

Bruce L. Benson, Florida State University

Papers:: "Biological Arithmetic, Cultural Economics, and the Dilemma of Amerindian Trial Citizenship"; David Haddock, Northwestern University; "Property Rights and Salmon Husbandry Among Northwest Coast Tribes: The Question of Genetic Selection"; D. Bruce Johnsen, George Mason University; "Indian Lands, "Squatterism," and Sectional Alliances: Economic Interests and the Passage of the Indian Removal Act of 1830"; Leonard A. Carlson, Emory University

Discussants:: Terry L. Anderson, PERC; P. J. Hill, Wheaton College; Fred S. McChesney, Northwestern University; Andrew P. Morriss, Case Western Reserve University

Monday 2:00 - 3:45 pm SEA*		Session 123K* Trade and Policy in Developing Economies

Chair:

Vikram Kumar, Davidson College

Papers:: "International Trade and Income Distribution: The Case of India"; Joy Mazumdar, Emory University; Myriam Quispe-Agnoli, Federal Reserve Bank of Atlanta; "LDC National Income and Specialization in Quality: An Empirical Analysis of the Relationship Between Income and Quality Choice"; Teresa A. Beckham, Rhodes College; Kellie L. Maske, Appalachian State University; "Economic Policy in a Small, Open, Developing Economy"; Vikram Kumar, Davidson College

Discussants:: Dennis Appleyard, Davidson College

Monday 2:00 - 3:45 pm SEA*		Session 124K* The Economics of Teacher Attrition and Teacher Assignment

Chair:

David D. Sjoquist, Georgia State University

Papers:: "Why Public Schools Lose Teachers"; Eric A. Hanushek, Stanford University; John F. Kain, University of Texas - Dallas; Steven G. Rivkin, Amherst College; "Do School Accountability Systems Affect the Distribution of Teachers"; Charles T. Clotfelter, Duke University; Helen F. Ladd, Duke University; Jacob L. Vigdor, Duke University; "An Analysis of the Determinants of the Matching of Public School Teachers to Jobs"; Don Boyd, Rockefeller Institute of Government; Hamp Lankford, University at Albany - State University of New York; Susanna Loeb, Stanford University; Jim Wyckoff, University at Albany - State University of New York; "Where Do Teachers Go?"; Benjamin Scafidi, Georgia State University; David D. Sjoquist, Georgia State University; Todd R. Stinebrickner, University of Western Ontario

Discussants:: Eugenia F. Toma, University of Kentucky

Monday 2:00 - 3:45 pm SEA*		Session 125K* Family Well-Being and Public Policy

Chair:

Barry Hirsch, Trinity University

Papers:: "The Effect of Child Care Subsidies and Other Public Policies on the Employment of Single Mothers"; Jay Bainbridge, Columbia University; Jane Waldfogel, Columbia University; Marcia Meyers, University of Washington; Dan Rosenbaum, University of North Carolina - Greensboro; "The Impact of Welfare Reform on Income, Earnings, and Poverty"; Marianne Bitler, Rand Corporation; Jonah Gelback, University of Maryland; Hilary Hoynes, University of California - Davis; "How Will the Growth of DC and 401(k) Plans Affect Pension Income?"; William Even, Miami University; David MacPherson, Florida State University

Discussants:: Christopher R. Bollinger, University of Kentucky; Barry Hirsch, Trinity University; Dan Rosenbaum, University of North Carolina - Greensboro

Monday 2:00 - 3:45 pm CSWEP		Session 126K Discrimination in the Workplace

Chair:

Saranna R. Thornton, Hampden-Sydney College

Papers:: "Gender Earnings Differentials Among Highly Paid College and University Administrators"; James Monks, University of Richmond; KimMarie McGoldrick, University of Richmond; "A Cohort Study of Economists"; Debra A. Barbezat, Colby College; "Alternative Ways to Measure the Unexplained Wage Gap"; Robert K. Toutkoushian, University of New Hampshire; Emily P. Hoffman, Western Michigan University; "Institutional Factors Affecting a College's or University's Likelihood of Having an Illegal Materinity Leave Policy for Faculty"; Saranna R. Thornton, Hampden-Sydney College

Monday 2:00 - 3:45 pm SCREE		Session 127K Children, Asthma and the Environment: Economic Perspectives

Chair:

Mark Dickie, University of Central Florida

Papers:: "Air Pollution, Health, and SES: The Effect of Outdoor Air Quality on Childhood Asthma"; Matthew J. Neidell, University of California - Los Angeles; "Behavioral Reactions to Ozone Alerts: Estimating Lost Outdoor Playtime"; F. Reed Johnson, Research Triangle Institute; Carol Mansfield, Research Triangle Institute; George van Houtven, Research Triangle Institute; "The Economics of Asthma"; Sylvia Brandt, University of Massachusetts; Michael Hanemann, University of California - Berkeley; "Parents' Preferences for Reducing Their Children's Asthma Symptoms: Risk-Risk and Risk-Dollar Tradeoffs"; Glenn C. Blomquist, University of Kentucky; Mark Dickie, University of Central Florida; Sarah Pieri, University of Southern Mississippi

Discussants:: Glenn C. Blomquist, University of Kentucky; James R. Kahn, Washington and Lee University; David Martin, Davidson College; Matthew J. Neidell, University of California - Los Angeles

Monday 2:00 - 3:45 pm SDAE		Session 128K Calculation and the Firm

Chair:

Maria Minniti, Babson College

Papers:: "Civil Society, Social Entrepreneurship, and Economic Calculation: Toward a Political Economy of the Philanthropic Enterprise"; Peter J. Boettke, George Mason University; Anne Elissa Rathbone, George Mason University; "Hayekian Spontaneous Order in Intergovernmental Organizations"; Robert F. Mulligan, Western Carolina University; "Benefit Segmentation from an Austrian Perspective: The Significance of Knowledge"; Meike Niedbal, Humboldt University - Berlin; Mario Rese, University of Paderborn; "Austrian Insights into the Theory of the Firm: AnEmpirical Investigation"; Jean-Philippe Bonardi, University of Western Ontario

Discussants:: Sandy Ikeda, Purchase College - SUNY; Peter Lewin, University of Texas - Dallas

Monday 2:00 - 3:45 pm IEFS		Session 129K International Patents, R&D, and Monopolies

Chair:

Henry Thompson, Auburn University

Papers:: "Intellectual Property Rights and International Trade: Products versus Processes"; Keith Reutter, Nathan Associates; John Pisarkiewicz, Nathan Associates; "The Cost and Benefits of Global Patents: A Pharmaceutical Industry Profile"; Sarah Jackson, Auburn University; "Antidumping and R&D"; Xiwang Gao, Emory University; Kaz Miyagiwa, Emory University; "The Role of Monopolies in the Rise and Fall of Export Policy"; Justin P. Isaacs, Hampden-Sydney College; Henry Thompson, Auburn University

Discussants:: Justin P. Isaacs, Hampden-Sydney College; Sarah Jackson, Auburn University; Kaz Miyagiwa, Emory University; Keith Reutter, Nathan Associates

Monday 2:00 - 3:45 pm ESA		Session 130K Dynamic Games, Tax Compliance and Non Parametric Tests

Chair:

Douglas Davis, Virginia Commonwealth University

Papers:: "Dynamic Consistency in the Laboratory"; Maribeth Coller, University of South Carolina; Glenn W. Harrison, University of South Carolina; E. Elisabet Rutström, University of South Carolina; "An Experiment on the Role of Information in Evolutionary Bargaining"; Anders Poulsen, Aarhus School of Business - Denmark; Jonathan Tan, Oxford University; "Nonparametric Tests of Differences in Medians: Comparison of the Wilcoxon-Mann-Whitney and Robust Rand-Order Tests"; Nicholas Feltovich, University of Houston; "A Meta-Analysis of Tax Compliance Experiments"; Calvin Blackwell, College of Charleston

Discussants:: Douglas Davis, Virginia Commonwealth University; Catherine Eckel, Virginia Polytechnic Institute and State University; Jim Engle-Warnick, Oxford University; Paul J. Ferraro, Georgia State University

Monday 2:00 - 3:45 pm KAEA		Session 131K Applied Economic Issues

Chair:

In Kwon Lee, Korea Economic Research Institute

Papers:: "The Effect on Manufacturing SMEs of the Permission system to Employment"; Sung-Joon Park, Korea Economic Research Institute; Jung-Dae Suh, Research Institute for Small & Medium Industries; "International R&D Spillovers, Technology, and the Role of Education in Developing Countries"; Changsuh Park, University of Colorado - Boulder; "Determinants of Cyclical Properties of Price-Cost Margin in U.S. Manufacturing Industries"; In Kwon Lee, Korea Economic Research Institute

Discussants:: In Kwon Lee, Korea Economic Research Institute; Changsuh Park, University of Colorado - Boulder; Sung-Joon Park, Korea Economic Research Institute

Monday 2:00 - 3:45 pm SEA		Session 132K Health Economics II: Doctors and Patients

Chair:

Jennifer L. Troyer, University of North Carolina - Charlotte

Papers:: "Proprietary vs. Non-Proprietary Learning in Cancer Surgery"; Vivian Ho, University of Alabama - Birmingham; "Physician Specialty Choice: What Role Do Characteristics of the Specialty Play?"; George M. Holmes, East Carolina University; "The Effect of Medical Malpractice Risk on Physician Time Allocation and Productivity"; James A. Thornton, Eastern Michigan University

Discussants:: Steven F. Kreft, West Virginia University; Marie Truesdell, Marian College

Monday 2:00 - 3:45 pm SEA		Session 133K More on Growth and Development

Chair:

Grant C. Black, Georgia State University

Papers:: "Boon or Curse? The Role of Foreign Aid in Privatization Outcomes"; Sudeshna Ghosh Banerjee, World Bank; "Total Factor Productivity, Human Capital, and Outward Orientation: Differences by Stage of Development and Geographic Region"; Stephen M. Miller, University of Nevada - Las Vegas; Mukti Upadhyay, Eastern Illinois University; "Should Classical Economists Pay Attention to New Growth Theory?"; Norman Sedgley, Loyola College in Maryland; Bruce T. Elmslie, University of New Hampshire; "Scale Effects in Growth Theory - A Role for Institutions?"; Lewis S. Davis, Smith College

Discussants:: Maryanne Clifford, Eastern Connecticut State University; Johannes Stephan, Halle Institute for Economic Research; Pham Hoang Van, University of Missouri - Columbia

Monday 2:00 - 3:45 pm SEA		Session 134K Empirical Studies of Market Structure and Performance

Chair:

Richard Guy Cox, University of Arkansas - Little Rock

Papers:: "The Effect of Cost Changes in an Oligopoly with Application to Bank Lending Discrimination"; William D. Bradford, University of Washington; "The Effects of Market Structure on the Nonprofit Firm"; Jeremy Thornton, University of Kentucky; John Garen, University of Kentucky; "The Double-Kinked Demand Model: Evidence on the Mexican Soft Drink Industry"; Jorge Ibarra-Salazar, Instituto Tecnologico y de Estudios Superiores de Monterrey

Discussants:: Luigi Filippini, Università Cattolica; Carl R. Gwin, Baylor University; Sang H. Lee, Southeastern Louisiana University

Monday 2:00 - 3:45 pm SEA		Session 135K Economics and Inequality

Chair:

Barbara A. Smith, U.S. General Accounting Office

Papers:: "The Distributional Effects of US Tax and Transfer Policy on the Household"; Jeffrey A. Mills, University of Cincinnati; Sourushe Zandvakili, University of Cincinnati; "The Effects of Changes in Earnings Inequality on Poverty Among Workers"; Andrea L. Ziegert, Denison University; Dennis H. Sullivan, Miami University

Discussants:: Yang-Ming Chang, Kansas State University; Tomi P. Ovaska, West Virginia University

Monday 2:00 - 3:45 pm SEA		Session 136K Economics of Immigration and Worker Quality

Chair:

Mary Mathewes Kassis, State University of West Georgia

Papers:: "Understanding Mexican Illegal Immigration"; Susan Pozo, Western Michigan University; Mark Wheeler, Western Michigan University; "The Macroeconomic Impacts of Workers' Remittances"; Alketa Hysenbegasi, Citigroup; Susan Pozo, Western Michigan University; Mark Wheeler, Western Michigan University; "The Role of Peer Effects in Firm Composition: Examples from Professional Basketball and Academic Research"; Todd D. Kendall, University of Chicago

Discussants:: James J. Jozefowicz, Indiana University of Pennsylvania; Sumati Srinivas, Central Michigan University

Monday 2:00 - 3:45 pm IOS		Session 137K Empirical Research on Antitrust and Regulation

Chair:

Robert M. Feinberg, American University

Papers:: "The Effects of Direct-to-Consumer Advertising in the Prescription Drug Market"; Ginger Zhe Jin, University of Maryland; Toshiaki Iizuka, Vanderbilt University; "Electric Power Distribution Costs: Are There Economies from Merger?"; John Kwoka, Northeastern University; "What is the Role of Stock Ownership? Management and Corporate Ownership as Contract Mechanisms"; Cindy R. Alexander, U.S. Department of Justice; "Delineating Geographic Market Boundaries: Pepsi and Exclusive Campus Contracts"; David I. Rosenbaum, University of Nebraska - Lincoln; Brian Gabrial, University of Nebraska - Lincoln

Discussants:: Roger Sherman, University of Houston; John W. Mayo, Georgetown University; Timothy H. Hannan, Federal Reserve Board; Robert M. Feinberg, American University

Monday 2:00 - 3:45 pm SEA		Session 138K Economic Growth: Theory and Evidence

Chair:

Arthur H. Goldsmith, Washington and Lee University

Papers:: "Determinants of Economic Growth in Africa"; Winford Masanjala, Louisiana State University; "An Analysis of Growth with Persistent Debt Overhang: The Nigeria Experience"; Anthony Okonkwo,; "The Consequences of U.S. Antidumping Laws: A Structural Model of Firm Participation in Import Relief Petitions"; Kara Olson, University of Virginia; "Do Changes in Factor Shares Represent Changes in Factor Elasticities? An Empirical Investigation of U.S. Manufacturing Industries"; Andrew T. Young, Emory University

Discussants:: James Cobbe, Florida State University; Kamal P. Upadhyaya, University of New Haven

Monday, 4:00 pm

Session 139M*	SEA Presidential Address Recent Developments in Experiential Economics: Teaching and Research
Session 140M	Annual Business Meeting of the Southern Economic Association

Monday 4:00 - 5:00 pm SEA*		Session 139M* SEA Presidential Address Recent Developments in Experiential Economics: Teaching and Research

Speaker:

Charles A. Holt, University of Virginia
SEA President

Monday
5:00 pm
SEA

Session 140M
Annual Business Meeting of the Southern Economic Association

Tuesday, 8:30 am

Session 150N*	Topics in Public Finance
Session 151N*	Issues in Environmental Regulation
Session 152N*	Economic Growth and Change
Session 153N	Health Economics: Health Insurance Plan Choice
Session 154N	Educational Expenditures: Determinants and Effects
Session 155N	Economic Welfare I: Family Issues
Session 156N	Health Economics IV
Session 157N	Asian Economics
Session 158N	Theory of Market Structure and Performance: Part Two
Session 159N	Supply Shocks
Session 160N	Environmental Justice: Fact or Fiction?
Session 161N	Contemporary Research in Austrian Economics
Session 162N	Topics in Open Economy Macroeconomics
Session 163N	Proceedings from the 2002 NSF Workshop on Classroom Experiments in Economics at the College of William and Mary
Session 164N	Studies in Microeconomics
Session 166N	Research and Development and Trade
Session 167N	New Frontiers in the Analysis of Gas and Electric Markets
Session 168N	Consequences of Economic Reform in Countries in Transition: The Armenian Case
Session 169N	No Child Left Behind: Access, Equality, and Achievement
Session 170N*	Echos of Henry George in Modern Analysis

Tuesday 8:30 - 10:15 am SEA*		Session 150N* Topics in Public Finance

Chair:

Ronald S. Warren, Jr., University of Georgia

Papers:: "Unrelated Costs and Discounting in Public Medical Decision Making: The Role of Taxation"; Liqun Liu, Texas A&M University; Andrew J. Rettenmaier, Texas A&M University; Thomas R. Saving, Texas A&M University; "Accounting for Distributional Equity in Cost-Benefit Analysis"; Arthur Snow, University of Georgia; "Redistributing Income and Relative Efficiency: Wage Subsidies, Earnings Subsidies, and a Negative Income Tax"; Sam Allgood, University of Nebraska - Lincoln

Discussants:: Ronald S. Warren, Jr., University of Georgia; John Charles Bradbury, University of the South; John V. Pepper, University of Virginia

Tuesday 8:30 - 10:15 am SEA*		Session 151N* Issues in Environmental Regulation

Co-Chairs:

Tisha Emerson, Baylor University
Linwood H. Pendleton, University of Wyoming

Papers:: "Harvesting in an Eight Species Ecosystem"; David Finnoff, University of Central Florida; John Tschirhart, University of Wyoming; "Optimal Control of Acid Rain in Japan and China: A Game-Theoretic Analysis"; Yoko Nagase, Lawrence University; Emilson Silva, Tulane University; "Spatial Behavior and the Economics of Spatial management in the Marine Environment"; Martin D. Smith, Duke University; James E. Wilen, University of California - Davis; "Public Disclosure Programs and Firm Environmental Performance: Is There an 'Information Echo Effect' in the Toxic Release Inventory?"; Arthur Caplan, Utah State University; Tisha Emerson, Baylor University

Discussants:: Martin D. Smith, Duke University; Arthur Caplan, Utah State University; Emilson Silva, Tulane University; Charles Mason, University of Wyoming

Tuesday 8:30 - 10:15 am SEA*		Session 152N* Economic Growth and Change

Chair:

Gerald P. Dwyer, Jr., Federal Reserve Bank of Atlanta

Papers:: "Financial Innovations and Growth"; Scott Baier, Clemson University; Robert Tamura, Clemson University; Gerald P. Dwyer, Jr., Federal Reserve Bank of Atlanta; "An Historical Perspective on the Stock Market and Growth"; Peter Rousseau, Vanderbilt University; "The Reconstruction of the American Urban Landscape in the Twentieth Century"; Sukkoo Kim, Washington University

Tuesday 8:30 - 10:15 am SEA		Session 153N Health Economics: Health Insurance Plan Choice

Chair:

Adam Atherly, Emory University

Papers:: "Not This Year: Health Plan Switching among Members of the Federal Employee Health Benefits Plan"; Adam Atherly, Emory University; Curtis Florence, Emory University; Kenneth Thorpe, Emory University; "A Family Decision-Making Model of Health Plan Choice"; Jennifer Schultz, Cornell University; Roger Feldman, University of Minnesota; Jon Christianson, University of Minnesota; "How Do Local Market Conditions Affect Health Plan Selection? Evidence from the Federal Employees Health Benefits Program"; Curtis Florence, Emory University; Kenneth Thorpe, Emory University

Discussants:: Vivian Ho, University of Alabama - Birmingham; Mwangi S. Kimenyi, Kenya Institute for Public Policy Research and Analysis; D. Patrick Redmon, Maryland Health Services Cost Review Commission

Tuesday 8:30 - 10:15 am SEA		Session 154N Educational Expenditures: Determinants and Effects

Chair:

Jeffrey A. Summers, Linfield College

Papers:: "Do School Resources Really Matter?"; Roxana Postolache, Capital University; Jonathan Fisher, Bureau of Labor Statistics; "A Measure of Educational Spending Inequality and its Impact on State-Level Income Inequality"; David C. Black, University of Toledo; Michael R. Dowd, University of Toledo; Helen A. Hansson, University of Toledo; "It Takes a Village? Intergenerational Conflict and Cooperation in Education Expenditures"; Deborah Fletcher, University of Florida; "Do Resources in High-Poverty High Schools Affect the Academic Performances of College Bound Students?"; Erik Leaver, University of Notre Dame

Discussants:: Eric Isenberg, Washington University; James H. Ullmer, Western Carolina University

Tuesday 8:30 - 10:15 am SEA		Session 155N Economic Welfare I: Family Issues

Chair:

Papers:: "Like Father, Like Son? How Family Environment Affects Children's Well-Being"; Minghua Li, University of New Hampshire; "Estimating Economic Costs of Teen Pregnancy by County in Alabama"; Semoon Chang, University of South Alabama; "Anti-Poverty Programs, Parental Incentives, and the Identification of Disabled Children"; Caprice Garing, University of Florida; "Employment Effects of Comorbid Alcohol Abuse and Psychiatric Disorders"; Brenda Booth, University of Arkansas for Medical Sciences; Farah Farahati, University of Arkansas for Medical Sciences; Virginia Wilcox-Gök, Northern Illinois University

Discussants:: Semoon Chang, University of South Alabama; Farah Farahati, University of Arkansas for Medical Sciences

Tuesday 8:30 - 10:15 am SEA		Session 156N Health Economics IV

Chair:

Jennifer L. Troyer, University of North Carolina - Charlotte

Papers:: "Who Buys Supplemental Health Insurance?"; Jodi Messer, Wichita State University; Brian E. Chezum, St. Lawrence University; "Where do HMOs and PPOs Locate? Debunking an Urban Myth"; James E. Grefer, Center for Naval Analyses; Lee Rivers Mobley, Research Triangle Institute; H.E. Frech III, University of California - Santa Barbara; "Enrollment and Disenrollment in Medicaid Managed Care"; "A Bibliographical Analysis of Journal Publications by Prolific Authors in Health Economics"; Cyril F. Chang, University of Memphis; Rose M. Rubin, University of Memphis

Discussants:: George M. Holmes, East Carolina University; Kulundu Manda, Kenya Institute for Public Policy Research and Analysis; John R. Schroeter, Iowa State University

Tuesday 8:30 - 10:15 am SEA		Session 157N Asian Economics

Chair:

Kay E. Strong, Bowling Green State University

Papers:: "Corruption and Countervailing Actions in Three South Asian Countries"; Naved Ahmad, Institute of Business Administration - Karachi, Pakistan; Oscar T. Brookins, Northeastern University; "Chinese Capital Flight: 1984-2001"; Frank R. Gunter, Lehigh University; "Economic Reform and Productivity Growth in Indian Manufacturing Industries: An Interaction of Technical Change and Scale Economies"; Sanja Samirana Pattnayak, National University of Singapore; "Missing a Miracle: How Aggregate TFP Accounting Overlooks Sectoral Efficiency Gains"; Pham Hoang Van, University of Missouri - Columbia; Ghunsu Park, Ministry of Commerce, Industry and Energy - Republic of Korea; Dong Soo Ha, University of Missouri - Columbia

Discussants:: Antonina Espiritu, Hawaii Pacific University

Tuesday 8:30 - 10:15 am SEA		Session 158N Theory of Market Structure and Performance: Part Two

Chair:

Clarence C. Morrison, Indiana University

Papers:: "Climbing up the Market Ladder: Industry Dynamics with Advertising"; Emin Dinlersoz, University of Houston; Mehmet Yorukoglu, University of Chicago; "Process Innovation and Licensing"; Luigi Filippini, Università Cattolica; "Diversified Business Groups and Economic Calculation"; Yoong-Deok Jeon, Taegu University; Young-Yong Kim, Chonnam National University; "Internal Capital Allocation and the Profitability of Horizontal Merger"; Sue J. Hwang, University of Texas - Austin and Sam Houston State University

Discussants:: William D. Bradford, University of Washington; Dean Showalter, Southwest Texas State University

Tuesday 8:30 - 10:15 am SEA		Session 159N Supply Shocks

Chair:

Andrew T. Young, Emory University

Papers:: "Factor Shares and Biased Technological Change: Implications for Macroeconomic Fluctuations"; Andrew T. Young, Emory University; "Productivity Shocks and Employment Fluctuations with Employment Criteria"; Sumati Srinivas, Central Michigan University; Michael Sattinger, University at Albany - State University of New York; "Welfare in a Monetary Search Model with Idiosyncratic Endowment Shocks"; J. J. Arias, Georgia College & State University

Discussants:: Thomas Linne, Halle Institute for Economic Research

Tuesday 8:30 - 10:15 am SEA		Session 160N Environmental Justice: Fact or Fiction?

Chair:

Cynthia Morgan, U.S. Environmental Protection Agency

Papers:: "Environmental Justice and Emission Trading: Envidence from the Electric Utility Industry"; Ronald J. Shadbegian, U.S. Environmental Protection Agency; Cynthia Morgan, U.S. Environmental Protection Agency; "The Demographic Distribution of Pollution: Does Neighborhood Composition Affect Plant Pollution Behavior?"; Ann Wolverton, U.S. Environmental Protection Agency; "Host Community Compensation and Municipal Solid Waste Landfills"; Kelly M. Maguire, U.S. Environmental Protection Agency; Cynthia Morgan, U.S. Environmental Protection Agency

Discussants:: Roberto Mosheim, University of Puerto Rico at Mayagüez; Carl A. Pasurka, Jr., U.S. Environmental Protection Agency

Tuesday 8:30 - 10:15 am SDAE		Session 161N Contemporary Research in Austrian Economics

Chair:

Bruce Caldwell, University of North Carolina - Greensboro

Papers:: "Agency, Structure, and Causality in Austrian Economics: Tensions and Resolutions"; Paul Lewis, University of Cambridge; "Hayek, Simon, and the Birth of Cognitive Economics"; Salvatore Rizzello, Universita di Torino - Italy; "Culture and the Evolution of a Social Order of Innovation: The Case of Lithuania with Reference to Sweden and the Baltic Sea Area"; Thomas Marmefelt, University of Sodertorn; "Environmental Regulation and Contracting in the Oil Industry: Boutique Fuels, Vertical Integration, and Oil Refining"; Lynne Kiesling, Reason Foundation; Adrian Moore, Reason Foundation

Discussants:: Mie Augier, Stanford University; Gregory M. Dempster, Hampden-Sydney College; Virgil Storr, TSD Communications

Tuesday 8:30 - 10:15 am IEFS		Session 162N Topics in Open Economy Macroeconomics

Chair:

Henry Thompson, Auburn University

Papers:: "Financial market Development and Macroeconomic Fluctuations: Some Evidence from Developing Economies"; Ali F. Darrat, Louisiana Tech University; "Unemployment Insurance as Stability Policy in an Common Market"; Douglas M. Walker, Georgia College & State University; "An Explicative Model for Regional Location of Foreign Direct Investment: An Application to the Spanish Economy"; Raquel Diaz Vazquez, University of Vigo - Spain; "Investment and Current Account Dynamics in an Open Economy Status Seeking Framework"; Walt Fisher, Institute for Advanced Studies

Discussants:: Ali F. Darrat, Louisiana Tech University; Walt Fisher, Institute for Advanced Studies; Raquel Diaz Vazquez, University of Vigo - Spain; Douglas M. Walker, Georgia College & State University

Tuesday 8:30 - 10:15 am ESA		Session 163N Proceedings from the 2002 NSF Workshop on Classroom Experiments in Economics at the College of William and Mary

Chair:

Lisa R. Anderson, College of William and Mary

Papers:: "Regulating Banks' Risk Exposure"; Sheryl Ball, Virginia Polytechnic Institute and State University; Reza Kheirandish, Virginia Polytechnic Institute and State University; Eliane Catilina, American University; Jeffrey Gerlach, College of William and Mary; Ann Gillette, Georgia State University; John Thompson, Louisiana State University; "A Classroom Exercise: Voting by Ballots and Feet"; Roger Hewett, Drake University; Charles A. Holt, University of Virginia; Georgia Kosmopoulou, University of Oklahoma; Christine J. Kymn, Washington and Lee University; Cheryl Long, Colgate University; Shabnam Mousavi, Virginia Polytechnic Institute and State University; Sudipta Sarangi, Louisiana State University; "The Campus Parking Game: A Demonstration of Price Discrimination and Consumer Welfare"; Gregory Buchholz, University of Kansas; Katherine H. Guthrie, University of Michigan; Julie Heath, University of Memphis; Jeffrey Michael, Towson University; Sarah L. Stafford, College of William and Mary; Smita Wagh, Washington and Lee University; Arthur Zillante, Florida State University; "Aggregate Supply in a Small Macro Economy"; William Branch, College of William and Mary; Troy Davig, Indiana University; Susan K. Laury, Georgia State University; Aaron Lowen, University of Iowa; Richard MacDonald, St. Cloud University; Thomas Scheiding, University of Notre Dame; Sarah Simmons, University of Virginia; "Local Public Goods and Residential Sorting: A Classroom Demonstration of the Tiebout Hypothesis"; Keith Brouhle, University of Illinois; Jay Corrigan, Iowa State University; Martin Farnham, University of Michigan; Selhan Garip, Virginia Polytechnic Institute and State University; Luba Habodaszova, Indiana University; Laurie Johnson, University of Denver; Martin Johnson, Rice University; David Reiley, University of Arizona

Discussants:: Lisa R. Anderson, College of William and Mary; Sheryl Ball, Virginia Polytechnic Institute and State University; David Mullin, U.S. Airforce Academy; Laura Razzolini, National Science Foundation and University of Mississippi; Paul Romer, Stanford University

Tuesday 8:30 - 10:15 am SEA		Session 164N Studies in Microeconomics

Chair:

Yoav Wachsman, University of Hawaii at Manoa

Papers:: "Rent-Seeking with Expenditure Carry-Over: Theory and Experimental Evidence"; Pamela M. Schmitt, United States Naval Academy; Robert Shupp, Ball State University; Kurtis J. Swope, United States Naval Academy; "First-Price, Combinatorial Auction Experiments"; Jeremy Schwartz, Indiana University; "Residential Segregation in an All-Integrationist World"; Junfu Zhang, Public Policy Institute of California; "A Cournot-Nash Equilibrium Analysis of Intergenerational Interactions: Optimal Incentives, Economics of Child Behavior, and Public Policies"; Yang-Ming Chang, Kansas State University

Discussants:: Chad Denson, Delta State University; Wolfgang Köhler, Duke University

Tuesday 8:30 - 10:15 am SEA		Session 166N Research and Development and Trade

Chair:

Edward Tower, Duke University

Papers:: "R&D Spillovers: The Role of Geography and Technological Similarity"; Prabuddha Sanyal, American University; "International Trade Policy and Cooperation in Research and Development"; Julie DeCourcy, Trinity University; "Dumping, Tariffs and Innovation"; Sanjay Paul, Elizabethtown College; "R&D Intensive Multinationals: Is the Organizational Makeup of these Enterprises Influenced by Taxes?"; Laura L. Clauser, U.S. Department of the Treasury; Donald Rousslang, U.S. Department of the Treasury

Discussants:: Carmela Martín, Universidad Complutense de Madrid; Edward T. Merkel, Troy State University

Tuesday 8:30 - 10:15 am SEA		Session 167N New Frontiers in the Analysis of Gas and Electric Markets

Chair:

Paul B. Mohler, Heller Ehrman White & McAuliffe, LLP

Papers:: "Testing the Theory of Storage in the Natural Gas Market"; Owen Beelders, Emory University; "Efficiency of Coal Power Plant Utilization in a Restructured Wholesale Electricity Market"; Stratford Douglas, West Virginia University; Na Li, West Virginia University; "Measuring the Efficiency of a Natural Gas Pipeline Network by Use of a Connectivity Model"; Henry E. Kilpatrick, Jr., Brown, Williams, Moorhead & Quinn, Inc. and George Mason University; Rajendra Kulkarni, George Mason University

Discussants:: Stratford Douglas, West Virginia University; James R. Marchand, Mercer University

Tuesday 8:30 - 10:15 am SEA		Session 168N Consequences of Economic Reform in Countries in Transition: The Armenian Case

Chair:

James Cobbe, Florida State University

Papers:: "Tax Policy in Armenia"; Grigor Kirakosyan, Yerevan State Institute of Economics - Armenia and Florida State University; "Poverty and Economic Growth in Armenia"; Gnel Sedrakyan, Yerevan State Institute of Economics - Armenia and Florida State University; "Effects of Globalization and International Organizations on Countries in Transistion, With Special Reference to Armenia"; Hovsep Aghadjanyan, Yerevan State Institute of Economics - Armenia and Florida State University; "Social Policy in Armenia"; Karine Boyakhchyan, Yerevan State Institute of Economics - Armenia and Florida State University

Tuesday 8:30 - 10:15 am SEA		Session 169N No Child Left Behind: Access, Equality, and Achievement

Chair:

Arthur H. Goldsmith, Washington and Lee University

Papers:: "Inequality in School District Expenditures"; Gbenga Ajilore, California State University - Fullerton; Cecilia A. Conrad, Pomona College; "The Political Economy of Housing Markets and Schools"; Linda Loubert, University of Michigan - Ann Arbor; "Acting White, Acting Black or Not Acting At All? Race and Curriculum Selection in North Carolina Schools"; Karolyn D. Tyson, University of North Carolina - Chapel Hill; William A. Darity, Jr., University of North Carolina - Chapel Hill; Domini R. Castellino, Duke University; "How Mississippi Damned Educational Attainment of Its Black Citizens: A Prescription for Inequality"; Rhonda V. Sharpe, University of North Carolina - Chapel Hill; Rashida A. Edmondson, University of North Carolina - Chapel Hill

Discussants:: Arthur H. Goldsmith, Washington and Lee University

Tuesday 8:30 - 10:15 am SEA*		Session 170N* Echos of Henry George in Modern Analysis

Moderator:

Laurence S. Moss, Babson College

Papers:: "The Winner's Curse in George's Writings About Land Speculation"; T. Nicolaus Tideman, Virginia Polytechnic Institute and State University; "The Henry George Theorem and Modern Urban Economics"; Richard Arnott, Boston College; "Environmental Economics and the Older Ideas of Henry George"; Jürgen G. Backhaus, University of Erfurt

Tuesday, 10:30 am

Session 172P*	Resolving Bargaining Disputes with Arbitration
Session 173P*	Empirical Topics in International Economics
Session 174P*	Modeling Undesirable Outputs in Production
Session 175P	Public Choice II
Session 176P	Education II: School and Curricular Choice
Session 177P	Economic Welfare II: Income and Savings
Session 178P	Health Economics II
Session 179P	Utilities, Communications, and Gasoline Markets
Session 180P	Assorted Topics in Microeconomics
Session 181P	Monetary Control and Stabilization
Session 182P	Management of the Environment
Session 183P	Roundtable: Do Economists Reach a Conclusion?
Session 184P	Empirical International Microeconomics
Session 185P	Field Experments and Experiments with Non Standard Subject Pools
Session 186P	Studies in Financial Economics
Session 187P	Taxation and Revenues
Session 188P	Government Expenditures
Session 190P*	Current Issues in International Trade and Finance

Tuesday 10:30 am - 12:15 pm SEA*		Session 172P* Resolving Bargaining Disputes with Arbitration

Chair:

Amy Farmer, University of Arkansas

Papers:: "Agreements in Final-Offer Arbitration: A Look at Major League Baseballs' System"; Philip Miller, University of Missouri; "An Empirical Analysis of Bargaining with Voluntary Transmission of Private Information"; Paul Pecorino, University of Alabama; Mark V. Van Boening, University of Mississippi; "Arbitration and Bargainning in Major League Baseball"; David Faurot, University of Kansas; "Bargaining and Arbitration with Surplus Uncertainty"; Cary Deck, University of Arkansas; Amy Farmer, University of Arkansas; "Arbitration From a Legal Perspective"; Tom Carbonneau, Tulane University

Discussants:: Cary Deck, University of Arkansas; David Faurot, University of Kansas; Philip Miller, University of Missouri; Mark V. Van Boening, University of Mississippi

Tuesday 10:30 am - 12:15 pm SEA*		Session 173P* Empirical Topics in International Economics

Chair:

Tammy Parker, University of Louisiana - Monroe

Papers:: "Assessing Short Run Purchasing Power Parity: A common trend-common cycle approach"; Subhash C. Sharma, Southern Illinois University - Carbondale; Kay E. Strong, Bowling Green State University; "An Empirical Investigation of the Evidence of Capital Mobility for the United States and the United Kingdom"; Tammy Parker, University of Louisiana - Monroe; Mike Parker, University of Louisiana - Monroe; Melissa Melancon, University of Louisiana - Monroe; "Revisiting the Monetary Exchange Rate Model: Evidence from the Pacific Rim Countries"; Mohd Pisal Zainal, Southern Illinois University - Carbondale; Subhash C. Sharma, Southern Illinois University - Carbondale; "The Effect of U.S. and Japanese Interest Rate Volatility on Money Demand in ASEAN Countries"; Jauhari Dahalan, Southern Illinois University - Carbondale; Subhash C. Sharma, Southern Illinois University - Carbondale; Kevin Sylwester, Southern Illinois University - Carbondale

Discussants:: Melissa Melancon, University of Louisiana - Monroe; Jauhari Dahalan, Southern Illinois University - Carbondale; Kay E. Strong, Bowling Green State University; Mohd Pisal Zainal, Southern Illinois University - Carbondale

Tuesday 10:30 am - 12:15 pm SEA*		Session 174P* Modeling Undesirable Outputs in Production

Chair:

Carl A. Pasurka, Jr., U.S. Environmental Protection Agency

Papers:: "Accounting for Bads in the Measurement of Productivity Growth: Malmquist Cost Productivity Measure and Its Application to U.S. Agriculture"; Eldon Ball, USDA; Richard Nehring, USDA; Rolf Färe, Oregon State University; Shawna Grosskopf, Oregon State University; Osman Zaim, Bilkent University; "Frontier Modeling with CO2 as an Undesirable Output: Implications for Global Climate Policy"; Gale Boyd, Argonne National Laboratory; "Changes in Emissions from U.S. Manufacturing: A Joint Production Perspective"; Carl A. Pasurka, Jr., U.S. Environmental Protection Agency; "A Variable Cost Model of Water Production in the U.S.: Preliminary Analysis"; Roberto Mosheim, University of Puerto Rico at Mayagüez

Tuesday 10:30 am - 12:15 pm SEA		Session 175P Public Choice II

Chair:

R. Morris Coats, Nicholls State University

Papers:: "Policy Reversal: Senate Voting on the Endangered Species Act"; Edward J. López, University of North Texas; Daniel Sutter, University of Oklahoma; "An Indirect Test of the Liberal Media Thesis Using Newsmagazine Circulation"; Daniel Sutter, University of Oklahoma; "Regulatory Federalism and Workplace Safety: Evidence from OSHA Enforcement, 1981-1995"; John Charles Bradbury, University of the South; "A Theoretical Investigation of Handguns, Cops and Robbers"; John H. Boyd, University of Minnesota; Jin Kim, Southeastern Louisiana University

Discussants:: Chifeng Dai, University of Florida; Kurtis J. Swope, United States Naval Academy; Jin Kim, Southeastern Louisiana University

Tuesday 10:30 am - 12:15 pm SEA		Session 176P Education II: School and Curricular Choice

Chair:

Amlan Mitra, Purdue University Calumet

Papers:: "Choosing a Course: Race and the Academic Achievement Gap"; Timothy M. Diette, University of North Carolina - Chapel Hill; "Home Schooling: School Choice and Women's Time Use"; Eric Isenberg, Washington University; "The Choice of School is Elementary"; Christine Berry Lloyd, University of Kentucky

Discussants:: Nevin Cavusoglu, University of New Hampshire; Charlene M. Kalenkoski, Ohio University; Paul Romer, Stanford University

Tuesday 10:30 am - 12:15 pm SEA		Session 177P Economic Welfare II: Income and Savings

Chair:

Caprice Garing, University of Florida

Papers:: "The Savings and Credit Management of Low Income/Low Wealth Black and White Families"; William D. Bradford, University of Washington; "Expected Retirement Income of Current Workers: The Influence of Legal, Economic, and Behavioral Changes"; Barbara A. Smith, U.S. General Accounting Office; Janice Peterson, U.S. General Accounting Office; Brendan Cushing Daniels, U.S. General Accounting Office

Tuesday 10:30 am - 12:15 pm SEA		Session 178P Health Economics II

Chair:

Vivian Ho, University of Alabama - Birmingham

Papers:: "The Transmission of Shocks and Information Among Health Care Stocks"; Bradley T. Ewing, Texas Tech University; Jamie Brown Kruse, Texas Tech University; Mark A. Thompson, Texas Tech University; "Cigarettes and Addiction Information: Simulating the Demand Effects of the Tobacco Industry's "Conspiracy of Silence""; Aju J. Fenn, Colorado College; John R. Schroeter, Iowa State University; "Advertising and the Demand for Cholesterol Reducing Drug"; John Phelan, University of New Haven; Kamal P. Upadhyaya, University of New Haven; "Impact of Copayments and Marketing on Pharmaceutical Demand"; David Ridley, Duke University

Discussants:: Brian E. Chezum, St. Lawrence University; Govind Hariharan, University at Buffalo - State University of New York

Tuesday 10:30 am - 12:15 pm SEA		Session 179P Utilities, Communications, and Gasoline Markets

Chair:

Michael Pickhardt, Bergische Universität Wuppertal

Papers:: "The Cost Efficiency Impacts of Relaxing Regulatory Constraints: A Stochastic Frontier Analysis of the Natural Gas Transmission Industry"; David Finnoff, University of Central Florida; Richard A. Hofler, University of Central Florida; Junsoo Lee, University of Central Florida; "Growth of Mobile Cellular Telecommunications Services and Market Liberalization"; Sang H. Lee, Southeastern Louisiana University; "Horizontal and Vertical Product Differentiation: Theory and Evidence from Minneapolis Gasoline Stations"; Pamela M. Schmitt, United States Naval Academy; Melanie Stock, United States Naval Academy; "Price Cap Regulation and Service-Quality in Telecommunications: An Empirical Study"; Marcelo Resende, Universidade Federal do Rio de Janeiro; Luís Otávio Façanha, Universidade Federal do Rio de Janeiro

Discussants:: Daniel Flores-Guri, Skidmore College; Mark W. Frank, Sam Houston State University; Marcelo Resende, Universidade Federal do Rio de Janeiro

Tuesday 10:30 am - 12:15 pm SEA		Session 180P Assorted Topics in Microeconomics

Chair:

Frank Martin, Southern University - New Orleans

Papers:: "Price Elasticity of Demand for Mississippi State University"; Chad Denson, Delta State University; "Spatial Competition and "Market Forms" Viewed from a New Angle"; Jan Owen Jansson, Linköpings Universitet; Rickard E. Wall, Stockholm University; "Unified Demand Theory in Euclidean 3-space"; Richard E Planck, University of Tennessee - Knoxville

Discussants:: Carl R. Gwin, Baylor University; David Mitchell, George Mason University

Tuesday 10:30 am - 12:15 pm SEA		Session 181P Monetary Control and Stabilization

Chair:

Gregory A. Falls, Central Michigan University

Papers:: "Private Sector Forecast Errors and Unexpected Monetary Policy"; Edward N. Gamber, Lafayette College; David R. Hakes, University of Northern Iowa; "Monetary Policy Activeness and Economic Stabiliztion: Evidence from the European Monetary Transformation"; Elham Mafi, West Virginia University; "A Simple Model of Electronic Cash with Fed Control"; M. Shakil Quayes, Southeastern Louisiana University

Discussants:: J. J. Arias, Georgia College & State University; Dmytro Holod, University of Kentucky; Adrienne A. Kearney, University of Maine

Tuesday 10:30 am - 12:15 pm SEA		Session 182P Management of the Environment

Chair:

John Leonard, Southeastern Louisiana University

Papers:: "The Effect of Swine Farm Proximity on Residential Property Values: A Hedonic Price Approach to Policy Regulations and the Swine Industry in North Carolina"; Nicholas Stratis, Florida Department of Environmental Protection and Florida State University; Natasha Bruton, Florida A&M University; Michael Thomas, Florida A&M University; Winsbert Ansine, Florida A&M University; Katherine Milla, Florida A&M University; "A Comparison of Nested Logit and Mixed Logit Models of Mid-Atlantic Beach Recreation"; George R. Parsons, University of Delaware; D. Matt Massey, U.S. Environmental Protection Agency; "Green Tax Reform in an Oligopolistic Industry"; Hajime Sugeta, Kansai University - Japan; Shigeru Matsumoto, Kansai University - Japan; "Are Donors to Environmental Causes Rational?"; James H. Murphy, Western Carolina University; "Exploring Carbon Sequestration as a Climate Change Mitigation Strategy - Analysis of Arkansas Forests"; Gauri S. Guha, Arkansas State University; Anil Baral, Arkansas State University

Discussants:: David A. Anderson, Centre College; Okmyung Bin, East Carolina University; Thomas S. Chapman, Ohio State University; Gauri S. Guha, Arkansas State University; Arun K. Srinivasan, University of Kentucky

Tuesday 10:30 am - 12:15 pm SDAE		Session 183P Roundtable: Do Economists Reach a Conclusion?

Chair:

Daniel B. Klein, Santa Clara University

Papers:: "The Case of Occupational Licensing"; Shirley Svorny, California State University - Northridge; "The Case of Taxi Deregulation"; Adrian Moore, Reason Foundation; "The Case of Drug Prohibition"; Mark Thornton, Columbus State University; "The Case of the FDA"; Daniel B. Klein, Santa Clara University

Tuesday 10:30 am - 12:15 pm IEFS		Session 184P Empirical International Microeconomics

Chair:

Henry Thompson, Auburn University

Papers:: "Price Flexibility and International Shrimp Supply"; Alison Keefe, Auburn University; "Language and Migration: An Empirical Analysis of 14 OECD Countries"; Jim Wollscheid, Southern Methodist University; "North American Forest Exports in a Gravity Model"; M.J. Kang, Auburn University; "Prices of Traded Goods and Wages in the U.S.: Some Evidence Relating to the Stolper-Samuelson Theorem"; Cassandra Copeland, Oglethorpe University; Henry Thompson, Auburn University; John Wells, KPMG Peat Marwick

Discussants:: Cassandra Copeland, Oglethorpe University; M.J. Kang, Auburn University; Alison Keefe, Auburn University; Jim Wollscheid, Southern Methodist University

Tuesday 10:30 am - 12:15 pm ESA		Session 185P Field Experments and Experiments with Non Standard Subject Pools

Chair:

John A. List, University of Maryland

Papers:: "Consumer Response: Experimental, Survey, and Field Results for Water Pricing"; Janie Chermak, University of New Mexico; Kate Krause, University of New Mexico; "An Alternative Test for the Endowment Effect"; Jayson Lusk, Mississippi State University; "Estimating Individual Discount Rates in Denmark: A Field Experiment"; Glenn W. Harrison, University of South Carolina; Morton I. Lau, Danish Ministry of Trade and Industry; Melonie B. Williams, U.S. Environmental Protection Agency; "Are CEO's Expected Utility Maximizers? Evidence from the Lab"; John A. List, University of Maryland; Charles Mason, University of Wyoming

Discussants:: Antonio Cabrales, Universitat Pompeu Fabra; Philip J. Grossman, Saint Cloud State University; Bruce Linster, U.S. Airforce Academy; Anders Poulsen, Aarhus School of Business - Denmark

Tuesday 10:30 am - 12:15 pm SEA		Session 186P Studies in Financial Economics

Chair:

Daniel Rodriguez, Emory University

Papers:: "The Role of Transactions Costs in Mortgage Application Patterns"; Raphael W. Bostic, University of Southern California; Song Han, Board of Governors of the Federal Reserve System; "Sudden Changes in Variance and Volatility Transmission Between Large and Small Capitalization Stocks"; Bradley T. Ewing, Texas Tech University; Farooq Malik, Penn State Berks; "Empirical Examination of Bond Rate-InflationDynamics"; Krishna M. Kasibhatla, Winston-Salem State University

Discussants:: Jui-chuan (Della) Chang, Texas A&M University; Krishna M. Kasibhatla, Winston-Salem State University

Tuesday 10:30 am - 12:15 pm SEA		Session 187P Taxation and Revenues

Chair:

Stephanie M. Brewer, Indiana University of Pennsylvania

Papers:: "Intervention Analysis of Tourist Development Taxes in Florida"; Inhyuck Ha, University of West Florida; Rick Harper, University of West Florida; "Do State Governments Use Budget Surpluses to Smooth Taxes Intertemporally?"; Daniel Muhammad, Howard University; "Fiscal Dependence on Oil Revenue and Economic Development: The Saudi Arabian Case"; Abdullah H. Albatel, King Saud University - Riyadh; "Other Regarding Preferences or Decision Error? Behavior in Public Good Games"; Andrew Luccasen, Texas A&M University

Discussants:: Abdullah H. Albatel, King Saud University - Riyadh; Stephanie M. Brewer, Indiana University of Pennsylvania

Tuesday 10:30 am - 12:15 pm SEA		Session 188P Government Expenditures

Chair:

Harold W. Elder, University of Alabama

Papers:: "Fiscal Illusion and Government Growth: New International Evidence"; Tomi P. Ovaska, West Virginia University; "Does Competition Produce Better Educational Outcomes? A Cross-Sectional Examination of U.S. Metropolitan Areas"; Dean Stansel, Eastern New Mexico University; "Do Public Funds Crowd Out Private Contributions to the Arts?"; Shauna Saunders, Duke University; "Local Public Debt and Local Public Goods"; Wolfgang Köhler, Duke University

Discussants:: Jorge Ibarra-Salazar, Instituto Tecnologico y de Estudios Superiores de Monterrey; Hajime Sugeta, Kansai University - Japan

Tuesday 10:30 am - 12:15 pm SEA*		Session 190P* Current Issues in International Trade and Finance

Chair:

Joseph Perry, University of North Florida

Papers:: "Inward FDI and Economic Growth in China"; Abdur R. Chowdhury, Marquette University and Bank of Finland; Mina N. Baliamoune, University of North Florida; "Determinants of FDI in Central and Eastern Europe"; Jeff W. Steagall, University of North Florida; "The Integration of Poland with the EU: Possible Scenarios"; Alojzy Z. Nowak, Warsaw University

Discussants:: Jeff W. Steagall, University of North Florida; Joseph Perry, University of North Florida; Mina N. Baliamoune, University of North Florida