Southern Economic Association 2009 Program

 

Saturday, 8:00 a.m.

Session 02A Money and Macroeconomics
Session 03A* Econometrics: Partial Identification Models
Session 04A Economic Growth
Session 05A* How Decisions Are Made
Session 06A* Markets, Politics, and Macro-Level Coordination I
Session 07A Determinants and Effects of Foreign Direct Investment: Firms' Objectives and Country Characteristics
Session 08A Business Cycles
Session 09A Shock and Trade
Session 10A Fertility Issues
Session 11A Oligopoly Models and Empirical Evidence
Session 13A* Innovations in Teaching I
Session 14A Prices
Session 15A* Human Capital: Institutions, Traits, Quality, and Skills
Session 16A* Development Economics
Session 17A Women in the Labor Market: Choices and Outcomes
Session 20A Stated Preference Methods
Session 21A International Financial Markets and Stock Markets
Session 22A* Political Economy I: Leadership Change and War
Session 23A Monetary Policy and the Global Economy

 
Saturday
8:00 - 9:45 a.m.
SDAE
Session 02A
Money and Macroeconomics

Organizers:

Anthony M. Carilli, Hampden-Sydney College

Session Chairs:

Anthony M. Carilli, Hampden-Sydney College

Papers:

"Liquidity in the Age of Independence: Assessing UK Money Supply Measures in Light of the Credit Crunch"
Anthony John Evans, ESCP Europe (Contact Author)
Toby Baxendale, Seafood Holdings Ltd.

"An Austrian Rehabilitation of the Phillips Curve"
Robert F. Mulligan, Western Carolina University (Contact Author)

"Fiat Monetary Systems and the International Structure of Production"
Simon Bilo, George Mason University (Contact Author)

Discussants:

Gregory M. Dempster, Hampden-Sydney College

 

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Saturday
8:00 - 9:45 a.m.
SEA*
Session 03A*
Econometrics: Partial Identification Models

Organizers:

John V. Pepper, University of Virginia

Session Chairs:

John V. Pepper, University of Virginia

Papers:

"Partial Identified Regions and Inference in Panel Data Roy Models"
Shakeeb Khan, Duke University (Contact Author)
Elie Tamer, Northwestern University

"Partial Identification and Confidence Sets for Functionals of the Joint Distribution of Potential Outcomes in Gaussian Switching Regimes Models"
Yanqin Fan, Vanderbilt University (Contact Author)

"An Explicit Solution for Structural Function in a Class of Nonparametric IV Models"
Nese Yildiz, University of Rochester (Contact Author)

"Nonparametric Probability Bounds in a Class of Simultaneous Discrete Choice Models"
Andres Aradillas-Lopez, Princeton University (Contact Author)

Discussants:

Christopher R. Bollinger, University of Kentucky
Wayne Gayle, University of Virginia
Aaron Sojourner, University of Minnesota
Elie Tamer, Northwestern University

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 04A
Economic Growth

Session Chairs:

Jen-Ruey Tsaur, National Central University

Papers:

"Growth and Wages: Better Perspectives as Real Wages are Rising"
Mariano Alierta, Annuorum SL (Contact Author)

"Institutions and Economic Growth: Predictive Value of Different Institutional Quality Indices"
Tomi Ovaska, Youngstown State University (Contact Author)
Julio H. Cole, Universidad Francisco Marroquín

"Social Capital, Investment, and Economic Growth"
Robert R. Reed, III, The University of Alabama
Jen-Ruey Tsaur, National Central University (Contact Author)

Discussants:

Richard Dunn, Texas A&M University
Abdoulaye Seck, Suffolk University
Jorge Ibarra-Salazar, Tecnológico de Monterrey

 

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Saturday
8:00 - 9:45 a.m.
SEA*/ESA
Session 05A*
How Decisions Are Made

Organizers:

Cary A. Deck, University of Arkansas

Session Chairs:

Salar Jahedi, University of Arkansas

Papers:

"Does Playing Against An Error Prone Opponent Influence Learning?"
Carl Nicholas McKinney, Rhodes College (Contact Author)
John Van Huyck, Texas A&M University

"Age Effects and Choice Complexity: The Endowment Effect"
Tibor Besedes, Georgia Institute of Technology (Contact Author)
Cary A. Deck, University of Arkansas
Sudipta Sarangi, Louisiana State University
Mike Shor, Vanderbilt University

"An Experimental Study of Case-Based Decision Theory and the Formation of Social Networks"
Elizabeth Watson, Trinity University (Contact Author)
Ted Turocy, Texas A&M University

"A Taste for Bargains"
Salar Jahedi, University of Arkansas (Contact Author)

Discussants:

Kyle Hyndman, Southern Methodist University
Elizabeth Watson, Trinity University
Cary A. Deck, University of Arkansas
Laura Razzolini, Virginia Commonwealth University

 

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Saturday
8:00 - 9:45 a.m.
SEA*
Session 06A*
Markets, Politics, and Macro-Level Coordination I

Organizers:

Richard E. Wagner, George Mason University

Session Chairs:

Richard E. Wagner, George Mason University

Papers:

"Target Versus Instrument Rules as Optimal as Monetary Policies"
Richard T. Froyen, The University of North Carolina at Chapel Hill (Contact Author)

"Capital Structure, Financial Structure, and Economic Crisis"
Peter Lewin, The University of Texas at Dallas (Contact Author)

"Aid and Democratization in Eastern Europe"
Jac C. Heckelman, Wake Forest University (Contact Author)

"Entangled Political Economy as Demonstrated by TARP"
Adam C. Smith, George Mason University (Contact Author)
Richard E. Wagner, George Mason University

Discussants:

Andrew T. Young, West Virginia University
Clifford F. Thies, Shenandoah University
Daniel Sutter, The University of Texas-Pan American
Roger Koppl, Institute for Forensic Science Administration

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 07A
Determinants and Effects of Foreign Direct Investment: Firms' Objectives and Country Characteristics

Organizers:

Javier A. Reyes, University of Arkansas

Session Chairs:

Rossitza B. Wooster, Portland State University

Papers:

"Incentives and Deterrents to Foreign Direct Investment "
Luisa R. Blanco, Pepperdine University (Contact Author)

"Direct Investments in China and Transition Economies: Complements or Substitutes?"
Rossitza B. Wooster, Portland State University (Contact Author)
Donna L. Paul, Washington State University

"Was Latin America Correct in Relying on Foreign Direct Investment to Improve Employment Rates?"
Diego Vacaflores, Texas State University (Contact Author)

Discussants:

Christopher A. Laincz, Drexel University
Javier A. Reyes, University of Arkansas
Salvador Contreras, The University of Texas-Pan American

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 08A
Business Cycles

Session Chairs:

Christian Jensen, University of South Carolina

Papers:

"Imperfect Risk Sharing, Output-Inflation Tradeoffs and Business Cycles"
Jae Won Lee, Rutgers University (Contact Author)

"The Business-Cycle Effects of Aggregate Uncertainty"
Christian Jensen, University of South Carolina (Contact Author)

"Understanding the Decline in GDP in the Aftermath of Financial Crises: A Business Cycle Accounting Approach"
Dooyeon Cho, Michigan State University (Contact Author)
Antonio Doblas-Madrid, Michigan State University

"A Joint Dynamic Bi-Factor Model of the Yield Curve and the Economy as a Predictor of Business Cycles"
Zeynep Senyuz, University of New Hampshire (Contact Author)
Marcelle Chauvet, University of California, Riverside

Discussants:

Rasim Burak Uras, Washingston University in St. Louis Department of Economics
Luiggi Donayre, Washington University in St. Louis
Jae Won Lee, Rutgers University
Zeynep Senyuz, University of New Hampshire

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 09A
Shock and Trade

Session Chairs:

Giandomenico Sarolli, Washington and Lee University

Papers:

"Macroeconomic Shocks and Discipline in the Market for Large CDs"
Ruby Kishan , Texas State Unversity-San Marcos (Contact Author)
Timothy P. Opiela, DePaul University

"New Measures of Monetary Policy Shocks from Alternatives to the Greenbook"
Dan Groft, Louisiana State University (Contact Author)

"Tuning the Volume: Asset Trading Volume with Incomplete Markets"
Giandomenico Sarolli, Washington and Lee University (Contact Author)

"A Stock Market Model with Systematic and Idiosyncratic Risks: A GMM Estimation Approach for Cross-Sectional Data"
Serguey Khovansky, Clark University (Contact Author)
Oleksandr Zhylyevskyy, Iowa State University

Discussants:

Maria Pia Olivero, Drexel University
W. Douglas McMillin, Louisiana State University
Gokce Soydemir, The University of Texas-Pan American
Dan Groft, Louisiana State University

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 10A
Fertility Issues

Session Chairs:

Noelia R. Paez, Texas A&M University

Papers:

"An Analysis of Fertility in Japan"
Hitomi Komatsu, American University (Contact Author)

"Debt and Unmet Fertility Expectations"
Michael D. S. Morris, Oklahoma State University (Contact Author)
Karina Shreffler, Oklahoma State University

"The Effect of Labor Market Supply on Fertility Spacing"
Noelia R. Paez, Texas A&M University (Contact Author)
Li Gan, Texas A&M University

Discussants:

Bhavneet Walia, Nicholls State University
Manuel Chavez, The University of Texas at Austin
Hitomi Komatsu, American University

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 11A
Oligopoly Models and Empirical Evidence

Session Chairs:

Yuying Xie, Shepherd University

Papers:

"Mergers and Strategic Programming Choices in Broadcast Radio"
Catherine Tyler Mooney, The University of Oklahoma (Contact Author)

"Sole-Source Contracts in WIC Infant-Formula Rebate Auctions and Their Effect on Manufacturers’ Markups"
David E. Davis, South Dakota State University (Contact Author)

"Technology Spillover and Product Quality in Fully Covered Markets: Simultaneous Vis-à-vis Sequential Quality Decisions"
Yuying Xie, Shepherd University (Contact Author)

Discussants:

Klaus G. Becker, Texas Tech University
Robert Driskill, Vanderbilt University
Emmanuel Dechenaux, Kent State University

 

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Saturday
8:00 - 9:45 a.m.
SEA*
Session 13A*
Innovations in Teaching I

Organizers:

Gail M. Hoyt, University of Kentucky

Moderators:

Gail M. Hoyt, University of Kentucky

Panelists:

Jill L. Caviglia-Harris, Salisbury University "Using Cooperative Learning to Understand Exam Assessment"

Hari S. Luitel, University of Richmond "Best Classroom Practice"

Sarah Pearlman, Vassar College "A Goldsmith Game for Teaching Money Creation and the Tools of Monetary Policy"

Steven Rundle, Biola University "A Mid-Semester Cooperative Learning Exercise in Principles of Microeconomics"

Sandra Trejos, Clarion University of Pennsylvania "Clicking on Student Engagement in the Economics Classroom"

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 14A
Prices

Session Chairs:

David VanHoose, Baylor University

Papers:

"Durable Goods and Sticky Prices: Industry-Level Evidence"
Carl Gwin, Pepperdine University
David VanHoose, Baylor University (Contact Author)

"Sticky Prices and Wages Versus Sticky Information: Results from an Estimated DSGE Model"
Benjamin D. Keen, The University of Oklahoma (Contact Author)
Evan F. Koenig, Federal Reserve Bank of Dallas

"Do Gasoline Prices Exhibit Asymmetry? Not Usually!"
Christopher Douglas, University of Michigan-Flint (Contact Author)

"Retail Pricing Strategy of Dominant and Fringe Firms in the Supermarket Industry"
David Barrus, University of Kentucky (Contact Author)

Discussants:

Marcela Giraldo, University of Florida
Berrak Buyukkarabacak, University of Richmond
Christopher Douglas, University of Michigan-Flint
David B. Skarbek, George Mason University

 

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Saturday
8:00 - 9:45 a.m.
SEA*
Session 15A*
Human Capital: Institutions, Traits, Quality, and Skills

Organizers:

Jeffrey S. DeSimone, The University of Texas at Arlington

Session Chairs:

Jeffrey S. DeSimone, The University of Texas at Arlington

Papers:

"Schools, Adherents, and Abuses in the Catholic Church"
Angela K. Dills, Wellesley College (Contact Author)
Rey Hernandez, Metropolitan State College of Denver

"Competitiveness and Confidence: Evidence on Gender Differences from Math Tournaments"
Joseph Price, Brigham Young University (Contact Author)

"Lovely Jobs, Lousy Jobs and Welfare Independence"
Orgul D. Ozturk, University of South Carolina (Contact Author)

"Which Job Skills Are Complementary to IT Adoption and Use?"
Sabrina Wulff Pabilonia, U.S. Bureau of Labor Statistics (Contact Author)
Cindy Zoghi, U.S. Bureau of Labor Statistics

Discussants:

Jennifer Kohn, Drew University
Hope Corman, Rider University
Cagatay Koc, Federal Trade Commission
Jeremy Sandford, University of Kentucky

 

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Saturday
8:00 - 9:45 a.m.
SEA*/CEANA
Session 16A*
Development Economics

Organizers:

Gene Hsin Chang, University of Toledo

Session Chairs:

Gene Hsin Chang, University of Toledo

Papers:

"Mortality Risks, Public Health Spending, and Child Labor"
Jayanta Sarkar, Louisiana Tech University (Contact Author)

"Economic Impacts of a ‘Green’ Energy Transition in China"
Sara Hsu, The University of Texas at Austin (Contact Author)

"Persistence of Income Inequality: Does Differential Child Mortality Matter?"
Dipanwita D. Sarkar, The University of Louisiana at Monroe (Contact Author)

"Does the VAT Tax Reform Really Benefit the Chinese Economy? A CGE Simulation Analysis"
Gene Hsin Chang, University of Toledo

Discussants:

Gene Hsin Chang, University of Toledo
Sara Hsu, The University of Texas at Austin

 

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Saturday
8:00 - 9:45 a.m.
CSWEP
Session 17A
Women in the Labor Market: Choices and Outcomes

Organizers:

Julie L. Hotchkiss, Federal Reserve Bank of Atlanta

Session Chairs:

M. Melinda Pitts, Federal Reserve Bank of Atlanta

Papers:

"Screening for Commitment: The Effect of Maternity Leave Use on Wages"
Colleen Manchester, University of Minnesota
Lisa M. Leslie, University of Minnesota
Tae-Youn Park, University of Minnesota

"To Switch or Not to Switch?"
Jill Kearns, University of Kentucky (Contact Author)

"Earning Gap Across Gender in the U.S."
Kusum Mundra, Rutgers University (Contact Author)

Discussants:

Jill Janocha, American University
Sarah Hamersma, University of Florida
Phanindra V. Wunnava, Middlebury College

 

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Saturday
8:00 - 9:45 a.m.
AERE
Session 20A
Stated Preference Methods

Organizers:

John C. Whitehead, Appalachian State University

Session Chairs:

Glenn C. Blomquist, University of Kentucky

Papers:

"Estimating Consumer Preferences for Electric Vehicles Using a Choice Menu Design"
George R. Parsons, University of Delaware (Contact Author)
Michael K. Hidrue, University of Delaware

"Estimating the Social Value of Higher Education: Willingness to Pay for Community and Technical Colleges"
Glenn C. Blomquist, University of Kentucky (Contact Author)
Paul A. Coomes, University of Louisville
Christopher Jepsen, University of Kentucky
Brandon C. Koford, Valdosta State University
Kenneth R. Troske, University of Kentucky

"Strategic Voting and Consequentiality in Choice Experiments"
Maurice Doyon, Laval University
Daniel Rondeau, University of Victoria
Frederic Roy-Vigneault, Laval University
Christian A. Vossler, The University of Tennessee (Contact Author)

"Willingness to Pay to Maintain Water Utility Infrastructure"
Jennifer A. Thacher, University of New Mexico (Contact Author)
Jason Hansen, University of New Mexico
Megan Marsee, University of New Mexico
Heidi Pitts, University of New Mexico
Janie M. Chermak, University of New Mexico

Discussants:

Jennifer A. Thacher, University of New Mexico
Christian A. Vossler, The University of Tennessee
Christopher F. Dumas, University of North Carolina Wilmington
Glenn C. Blomquist, University of Kentucky

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 21A
International Financial Markets and Stock Markets

Session Chairs:

Hsin-hui (Ida) Whited, Colorado State University-Pueblo

Papers:

"Offshore Versus Local Trading Prices of Taiwanese Firms: Evidence from New York, London, Luxembourg, and Taipei"
Hsin-hui (Ida) Whited, Colorado State University-Pueblo (Contact Author)
Richard C. K. Burdekin, Claremont Mckenna College

"Equity Finance and the Global Financial Crisis"
Mohammed Akacem, Metropolitan State College of Denver (Contact Author)

"Stock Market and Macroeconomy in China: A Cointegration Approach"
Lian An, University of North Florida (Contact Author)
Wei Sun, Grand Valley State University
Pieter De Jong, University of North Florida

Discussants:

Marvin Smith, Federal Reserve Bank of Philadelphia
Lian An, University of North Florida
Hsin-hui (Ida) Whited, Colorado State University-Pueblo

 

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Saturday
8:00 - 9:45 a.m.
SEA*
Session 22A*
Political Economy I: Leadership Change and War

Organizers:

Kevin Tsui, Clemson University

Session Chairs:

Kevin Tsui, Clemson University

Papers:

"Party-Motivated Politicians in Dynamic Elections with Endogenous Issues"
Micah Pollak, University of Illinois (Contact Author)

"How Much Did the U.S. Government Value its Troops’ Lives in World War II? Evidence from Dollar-Fatality Tradeoffs in Land Battles"
Chris Rohlfs, Syracuse University (Contact Author)

"Volunteer Armies, the Draft, and Support for War"
Leopoldo Fergusson, Massachusetts Institute of Technology
Monica Martinez-Bravo, Massachusetts Institute of Technology
Patrick Warren, Clemson University (Contact Author)

Discussants:

Sergey Mityakov, Clemson University
Patrick Warren, Clemson University
Chris Rohlfs, Syracuse University

 

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Saturday
8:00 - 9:45 a.m.
SEA
Session 23A
Monetary Policy and the Global Economy

Session Chairs:

Xiaofen Chen, Truman State University

Papers:

"Can Uninsurable Idiosyncratic Shocks Lead to Global Imbalances?"
Vitaliy Strohush, Elon University (Contact Author)

"Monetary Policy and 'Sudden Stops': Implications for Formal Monetary Cooperation"
Xiaofen Chen, Truman State University (Contact Author)

"Political Monetary Cycles and a de facto Ranking of Central Bank Independence"
Sami Alpanda, Amherst College
Adam Honig, Amherst College (Contact Author)

Discussants:

Ellis B. Heath, Valdosta State University
Erika I. Gulyas, Trinity University
Kamal P. Upadhyaya, University of New Haven

 

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