Department of Economics

 

 

Recent and Forthcoming Publications

 

Burton Abrams, "A Rejoinder to 'A Commentary on "Does the Fed Contribute to a Political Business Cycle?"' Public Choice, forthcoming.

Burton A. Abrams, Jing Li, and James G. Mulligan, "Did Corliss Steam Engines Fuel Urban Growth in the Late Nineteenth Century? Less Sanguine Results," Journal of Economic History, forthcoming.

Dan Brown and Charles Link, “Population and Bandwagon Effects on Local Team Revenues in Major League Baseball,” Journal of Sports Economics, forthcoming.

Vera Brusentsev and Wayne Vroman, "Changes in the Work Habits of American Women and Men, 1950 to 1999," Quarterly Review of Economics and Finance, forthcoming.

Joseph I. Daniel and Katherine Thomas Harback, "Pricing the major U.S. hub airports," Journal of Urban Economics, forthcoming.

Joshua M. Duke and Robert J. Johnston. "Willingness to pay for land preservation across states and jurisdictional scale: Implications for benefit transfer." Land Economics , forthcoming.

Joshua M. Duke and Robert J Johnston. “Benefit transfer equivalence tests with non-normal distributions,” Environmental and Resource Economics, forthcoming.

Joshua M. Duke and Lori Lynch, "Gauging Support for Innovative Farmland Preservation Techniques." Policy Sciences, forthcoming.

Joshua M. Duke, George R. Parsons and Allison M. Borchers. “Does Willingness to Pay for Green Energy Differ by Source?” Energy Policy, forthcoming.

Evangelos Falaris,  “A Quantile Regression Analysis of Wages in Panama,” Review of Development Economics, forthcoming.

Saul D. Hoffman and Rebecca A. Maynard (eds.).  Kids Having Kids: Revised Edition, Urban Institute Press, forthcoming.

Saul D. Hoffman, “Revisiting Marshall's Law:  Why Does Labor’s Share Interact with the Elasticity of Substitution to Decrease the Elasticity of Labor Demand?” Journal of Economic Education, forthcoming.

Saul D. Hoffman and Diane Trace. "NJ and PA Once Again: What Happened to Employment When the PA-NJ Minimum Wage Differential Disappeared?" Eastern Economic Journal, forthcoming.

Kenneth A. Lewis and Laurence S. Seidman  “Overcoming the Zero Interest-Rate Bound: A Quantitative Prescription”  Journal of Policy Modeling, forthcoming.

Charles Link and Simon Condliffe  , “The Relationship between Economic Status and Child Health: Evidence from the U.S.," American Economic Review, forthcoming.

David R. Stockman, Judy Kennedy and James Yorke, "The Inverse Limits Approach to Chaos," Journal of Mathematical Economics, forthcoming.

Titus Awokuse, "Trade openness and economic growth: is growth export-led or import-led?" Applied Economics, 40(2): 161-173, 2008.

James Butkiewicz and Halit Yanikkaya, "Capital Account Openness, International Trade, and Economic Growth:  A Cross-Country Empirical Investigation," Emerging Markets Finance and Trade, Vol.44, No.2, pp. 15-38, March-April 2008.

Joseph Daniel and Kate Harback, “(When) Do Hub Airlines Internalize Their Self-Imposed Congestion Delays,” Journal of Urban Economics, Vol. 63  pp.583–612, 2008.

Claudine Gay, William Latham, and Christian Le Bas. “Collective Knowledge, Prolific Inventors and the Value of Inventions: An Empirical Study of French, German and British Patents in the U.S., 1975-1999,” in Economics of Innovation and New Technology, Vol. 17 (1 & 2), pp. 5-22, 2008.

Farley Grubb, “The Continental Dollar: How Much Was Really Issued?” Journal of Economic History, vol. 68, No. 1 pp. 283-291, March, 2008.

Farley Grubb, “Convict Labor,” in New Palgrave Dictionary of Economics. London: Macmillan, 2nd ed, 2008.

Farley Grubb, “Indentured Servitude,” in New Palgrave Dictionary of Economics. London: Macmillan, 2nd ed, 2008.

Kent Messer, H.M. Kaiser and W.D. Schulze. “The Problem of Free Riding in Voluntary Generic Advertising: Parallelism and Possible Solutions from the Lab,” American Journal of Agricultural Economics 90(2): 540–552, 2008.

Laurence S. Seidman.  Public Finance. McGraw-Hill, 2008.

David R. Stockman and Judy Kennedy, "Chaotic Equilibria in Models with Backward Dynamics," Journal of Economic Dynamics and Control, Vol. 32, 939–955, 2008.

Burton Abrams and Russell Settle, “Do Fixed Exchange Rates Fetter Monetary Policy?  A Credit View,” Eastern Economic Journal, Vol. 33, No.2, Spring, 2007.

Michael Arnold and Thierry Penard, "Bargaining and Fixed Price Offers: How Online Intermediaries are Changing New Car Transactions,” Review of Network Economics, Vol. 1, # 6, pp. 134-160, 2007.

Stacie Beck and Cagay Coskuner. “Tax Effects on the Real Exchange Rate,” Review of International Economics,  Vol. 15(5), pp. 854-68, 2007.

James Butkiewicz and Halit Yanikkaya, “Time-Consistent Policies and Growth in Developing Countries: An Empirical Analysis,” Review of World Economics, 2007, Vol. 143, No. 2, pp. 306-323.

Joshua M. Duke and Robert J. Johnston, “Willingness to Pay for Agricultural Land Preservation and Policy Process Attributes: Does the Method Matter?” American Journal of Agricultural Economics, 89(4):1098-1115, 2007.

Farley Grubb, “The Constitutional Creation of a Common Currency in the U.S., 1748-1811: Monetary Stabilization Versus Merchant Rent Seeking,” pp. 19-50 in Jurgen Nautz and Lars Jonung, eds., Conflict Potentials In Monetary Unions. Stuttgart: Franz Steiner Verlag, 2007.

Farley Grubb, “The Net Worth of the U.S. Federal Government, 1784-1802,” American Economic Review-Papers and
Proceedings
, vol. 97, no. 2, pp. 280-284, May 2007
.

Farley Grubb, “The Spoils of War: U.S. Federal Government Finance in the Aftermath of the War for Independence, 1784-1802,” in Rafael Torres Sanchez, ed., War, State and Development. Fiscal-Military States in the Eighteenth Century (Pamplona, Spain: EUNSA, 2007), pp. 133-156.

Saul D. Hoffman, “A Good Policy Goes Bad: The Strange Case of the Non-Refundable State EITC,“ State Tax Notes, Vol. 44, No. 8, pp. 551-558, May 21, 2007.

Kent D. Messer, H. Zarghamee, H.M. Kaiser and W.D. Schulze. 2007. “New Hope for the Voluntary Contribution Mechanism: The Effects of Framing and Context.” Journal of Public Economics Vol. 91(9):1783-1799.

Kent D. Messer, H.M. Kaiser, and G.L. Poe. 2007. “Voluntary Funding for Generic Advertising Using a Provision Point Mechanism: An Experimental Analysis of Option Assurance.” Review of Agricultural Economics Vol. 29(3):612-631.

Jeffrey Miller, "Comment on Gur Ofer and Justin Yifu Lin," pp. 84-88 in
 Francois Bourguignon, Yehuda Elkana, and Boris Pleskovic (eds.) Capacity Building in Economics Education and Research, World Bank, 2007.

Jeffrey Miller and Stoyan Tenev, "On the Role of Government in Transition: The Experience of China and Russia Compared," Comparative Economic Systems, Vol. 49, pp. 543-571, 2007.

Kenneth A. Lewis and Laurence S. Seidman. “Reply to: ‘The New Classical Counter-Revolution: False Path or Illuminating Complement?’” Eastern Economic Journal Fall 2007.

David R. Stockman, "Sunspots in a Cash-in-Advance Model: A Quantitative Assessment," Journal of Macroeconomics, Vol. 29, pp. 123-144, 2007.

David R. Stockman, Judy Kennedy and James A. Yorke, "Inverse Limits and an Implicitly Defined Difference Equation from Economics," Topology and Its Applications, Volume 154, Issue 13, 1 July 2007, pp. 2533-2552.

Siyan Wang and Cheng Hsiao, "Lag-Augmented Two and Three Stage Least Square Estimators for Integrated Structural Dynamic Models," Econometrics Journal, 2007.

Burton Abrams, "How Richard Nixon Pressured Arthur Burns:  Evidence from the Nixon Tapes." Journal of Economic Perspectives, Vol. 20, No. 4, Fall, 2006.

Burton Abrams, Return to Animal Farm, Turkish language edition, 2006.

Burton Abrams and Plamen Iossifov, "Does the Fed Contribute to the Political Business Cycle?" Public Choice, pp.249-262, Fall, 2006.

Vera Brusentsev, "Evolution of Female Labor Force Participation in the United States: 1967 to 2003," International Advances in Economic Research, pp.1-16, 2006.

Vera Brusentsev and Wayne Vroman. "Unemployment and Unemployment Compensation from a Global Perspective." Berlin: Wissenschaftszentrum Berlin für Sozialforschung (WZB). September, Discussion Paper ISSN Nr. 1011-9523, 2006.

James Butkiewicz and Halit Yanikkaya,
“Institutional Quality and Economic Growth: Maintenance of the Rule of Law or Democratic Institutions or Both?” Economic Modeling, Vol 23. pp. 648-661, 2006.

Farley Grubb, "Laborers, Contract," in John J. McCusker, ed., History of World Trade since 1450, Vol. 2, pp. 449-451 Farmington Hills, MI: Thomason Gale, 2006.

Farley Grubb, “Theory, Evidence, and Belief—The Colonial Money Puzzle Revisited: Reply to Michener and Wright,” Econ Journal Watch, Vol. 3 (1), Jan. 2006, pp. 45-72. [http://www.econjournalwatch.org/pdf/EJWCompleteIssueJanuary2006.pdf]

Farley Grubb, “The U.S. Constitution and Monetary Powers: An Analysis of the 1787 Constitutional Convention and How a Constitutional Transformation of the Nation’s Monetary System Emerged,” Financial History Review, vol. 13, no. 1 (April, 2006), pp. 43-71.

Farley Grubb, “Benjamin Franklin and Colonial Money: A Reply to Michener and Wright—Yet Again,” Econ Journal Watch Vol. 3, No. 3 (Sept. 2006), pp. 484-510 [http://www.econjournalwatch.org/pdf/EJWCompleteIssueSeptember2006.pdf ]

Farley Grubb, “Babes in Bondage? Debt Shifting by German Immigrants in Early America,” Journal of Interdisciplinary History, Vol. 37, no. 1 (Summer, 2006), pp. 1-34.

Farley Grubb, Benjamin Franklin and the Birth of a Paper Money Economy. The Federal Reserve Bank of Philadelphia, 2006.

Farley Grubb, Susan E. Klepp, and Anne Pfaelzer de Ortiz, eds., Souls for Sale: Two German Redemptioners Come to Revolutionary America: The Life Stories of John Frederick Whitehead and Johann Carl Büttner.  University Park, PA: Pennsylvania State University Press, 2006.

Farley Grubb, "Does Going Greek Impair Undergraduate Academic Performance? A Case Study," American Journal of Economics and Sociology, Vol. 65, no. 5, pp. 1085-1110,  Nov. 2006.

Saul Hoffman. By the Numbers: The Public Costs of Teen Childbearing. Washington: National Campaign to Prevent Teen Pregnancy, October, 2006.

Kenneth Koford and Jeffrey Miller, “Contract Enforcement in the Early Transition of an Unstable Economy.”  Economic Systems, Vol. 30, pp.1-23, 2006.

William Latham, "Persistence of Firm Innovative Behavior: Towards and Evolutionary Theory,” with Christian Le Bas in William Latham and Christian Le Bas (eds.), The Economics of Persistent Innovation, New York: Springer, 2006. 

William Latham and Christian Le Bas (eds.), The Economics of Persistent Innovation, New York: Springer, 2006.

William Latham and Simon Condliffe, "Not So Footloose after All: Locational Behavior of Information Technology Establishments in the United States, 1989-1998," Region and Development, No. 4, 2006.

Kenneth A. Lewis and Laurence S. Seidman, “Replacing the Medicare Drug Doughnut Hole with Percent-of-Income Ceilings Using Tax Returns,”  National Tax Association Proceedings of the 2005 98th Annual Conference, 2006, pp. 386-391.

Kenneth A. Lewis and Laurence S. Seidman, “A Temporary Tax Rebate in a Recession: Is it Effective and Safe?”, Business Economics, Vol. 41, no. 3 (July) 2006, pp. 30-39.

Kenneth A. Lewis and Laurence S. Seidman, "Fiscal Policy to Counter Recessions: Triggered Transfers to Households" in Per Gunnar Berglund and Matias Vernengo (eds.), The Means to Prosperity: Fiscal Policy Reconsidered, Routledge, 2006.

Jeffrey Miller and Stoyan Tenev, “State and Ownership Reforms in Transition Economies: China vs. the Orthodoxy,” in Reagan Goes Global, Joseph Brada and Mariusz-Jan Radlo (eds), pp. 137-151, 2006.  

James G. Mulligan and Nilotpal Das. "Persistent Adoption of Time-saving Process Innovations," (with), in The Economics of Persistent Innovation, ed. William Latham and Christian Le Bas, Springer, 2006.

Laurence S. Seidman, “Learning About Bernanke,” Challenge, Vol. 49, no. 5 (Sept-Oct) 2006, pp.19-32.

Jorge Soares, "A Dynamic General Equilibrium Analysis of The Politics of Public Education," Journal of Population Economics, Vol. 19:  367–389, 2006.

Siyan Wang and Cheng Hsiao, “Modified Two-Stage Least Squares Estimators for the Estimation of Structural Vector Autoregressive Integrated Process,” Journal of Econometrics, Vol. 135, pp. 427-463, 2006.

Stacie Beck and Joseph Carlton Augustine, "The Cost of Financial Capital - Does the Nominal Exchange Rate Regime Matter? Evidence from Selected Caribbean Countries," International Journal of Development Studies, Vol. 4, No.1, pp.83-100, 2005.

Stacie Beck and David R. Stockman, "Money as Real Options in a Cash-in-Advance Economy," Economics Letters, Vol. 87, pp. 337-345, 2005.

Stacie Beck, Jeffrey Miller, and Mohsen Saad, “Inflation and the Bulgarian Currency Board,” International Journal of Development Issues, December 2005

Vera Brusentsev and Wayne Vroman, Unemployment Compensation Programs Throughout the World: A Comparative Analysis.  W.E. Upjohn Institute for Employment Research, Kalamazoo, MI, 2005.

James Butkiewicz and Halit Yanikkaya, "The Effects of IMF and World Bank Lending on Long-Run Economic Growth: An Empirical Analysis, World Development, Vo. 33, No.3, pp. 371-391, March 2005.

James Butkiewicz and Halit Yanikkaya, "The Impact of Sociopolitical Instability on Economic Growth: Analysis and
Implications," Journal of Policy Modeling, Vol. 27, 2005, pp. 629-645.

Joseph I. Daniel and others, "Efficiency of the Use of Technology in Economic Education," American Economic Review, Papers and Proceedings, May, 2005.

Farley Grubb, "Nevins Panel Discussion, 11 September 2004," Journal of Economic History Vol. 65, pp. 543-547, June 2005.

Farley Grubb, "State 'Currencies' and the Transition to the U.S. Dollar: Reply--Including a New View from Canada," American Economic Review, Vol. 95, no. 4 , pp. 1341-1348,  Sept. 2005.

Laurence S. Seidman, "Social Security: What Now?," Tax Notes, January 24, 2005.

Laurence S. Seidman, “Responsible Health Insurance Revisited: Pouring Liberal Wine Into a Conservative Bottle.” Inquiry, Volume 42, Number 2,  pp. 118-128, Summer 2005.

Laurence S. Seidman, Pouring Liberal Wine Into Conservative Bottles.  Lanham, MD:  University Press of America, 2005.

Jorge Soares, "Public Education Reform: Community or National Funding of Education?" Journal of Monetary Economics, Vol. 52, No. 3, pp. 669-697, April 2005.


Jorge Soares,
"Social Security Evaluation: A Critique," Macroeconomic Dynamics, Vol. 9, No. 1, pp. 57-97, Feb., 2005.


Siyan Wang and Cheng Hsiao. "Should China let Her Exchange Rate Float - Experience from Developing Countries,"   Asia-Pacific Journal of Accounting and Economics, Vol. 12, No.1, pp.1-18, 2005.

Ravi Yatawara, E. Beaulieu, and W. Wang, “Who Supports Free Trade in Latin America?,” World Economy, Vol. 28, No. 7, pp. 923-1056, July 2005

Burton Abrams and Russell Settle, “Campaign Finance Reform: A Public Choice Perspective,” Public Choice, Sept. 2004.

Eleanor D. Craig, "Land Value Taxes and Wilmington, Delaware:  A Case Study," State Tax Notes, Vol. 31, Number 5, Feb 2, 2004. 

Evangelos Falaris, "Private and Public Sector Wages in Bulgaria," Journal of Comparative Economics, March, 2004.

Farley Grubb, “The Circulating Medium of Exchange in Colonial Pennsylvania, 1729-1775: New Estimates of Monetary Composition, Performance, and Economic Growth,” Explorations In Economic History, Vol. 41, no. 4, pp. 329-360, Oct. 2004.

Saul D. Hoffman, "Marriage Tax Relief in the Earned Income Tax Credit:  EGTRRA 2001 and Beyond," Tax Notes, Aug. 30, 2004, pp. 935-941.

Saul D. Hoffman and Susan L. Averett,  Women and the Economy:  Family, Work, and Pay, Addison Wesley, Boston, MA, 2004.

Kenneth A. Lewis and Laurence S. Seidman, "Managing a Bulge: Policy Options for Social Security," Public Finance Review, July, 2004.

George R. Parsons, D. Scorgin, K. Boyle, and A. Plantinga, "Regulated Recreationist: The Case of Angler Catch, Expected Harvest, and Fishery Choice," American Journal of Agricultural Economics, Vol 86 (4), 2004.

George R. Parsons and Joelle Noailly, “A Value Capture Tax for Financing Beach Nourishment
Projects: An Application to Ocean Beaches in Delaware,” Ocean and Coastal Management, Vol 47, 2004.

George R. Parsons,  R. von Haefen and D. Phaneuf, "Estimation and Welfare Analysis with Large Demand Systems" Journal of Business and Economics Statistics, 22(2), 2004

Laurence S. SeidmanEconomics Parables and Policies, M. E. Sharpe, 3rd Edition, 2004.

Laurence S. Seidman, "A Progressive Value Added Tax: Has Its Time Finally Come?," Tax Notes, June 7, 2004.

David R. Stockman, "Default, Reputation, and Balanced-Budget Rules," Review of Economic Dynamics, Vol. 7, pp. 382-405, 2004.

Burton Abrams and Plamen Yossifov. “The importance of property rights for economic outcomes: Lessons from the transfer of productive assets from collective to private ownership in Bulgarian agriculture,” Proceedings of Enterprise in Transition (Fifth international conference), 2003, pp. 49-51, 2003.

Joseph I. Daniel, "Congestion Pricing and Capacity of Large Hub Airports: A Bottleneck Model with Stochastic Queues," reprinted in Recent Developments in Transport Economics, International Library of Critical Writing in Economics, # 164, K. Button (ed), Edward Elgar, Sept., 2003.

Evangelos Falaris, "The Effect of Survey Attrition in Longitudinal Surveys:  Evidence from Peru, Cote d'Ivoire, and Vietnam," Journal of Development Economics, Vol. 70, No. 1, pp. 133-157, 2003. 

Farley Grubb, "Convict Labor System," in Stanley I. Kutler, ed., Dictionary of American History, 3rd Edition, Vol. 2, pp. 401-402. New York: Charles Scribner's Sons, 2003.

Farley Grubb, "Contract Labor and the Indenture System," in Joel Mokyr, ed., The Oxford Encyclopedia of Economic History, Vol. 1, pp. 535-538. New York:  Oxford University Press, 2003.

Farley Grubb, "Creating the U.S.-Dollar Currency Union, 1748-1811: A Quest for Monetary Stability or a Usurpation of State Sovereignty for Personal Gain?," American Economic Review, Vol. 93, pp. 1778-1798, Dec., 2003. 

Saul D. Hoffman and Laurence S. SeidmanHelping Working Families: The Earned Income Tax Credit, The W. E. Upjohn Institute for Employment Research, Kalamazoo, MI, 2003.

Saul D. Hoffman and Laurence S. Seidman. "Then and Now– The Earned Income Tax Credit," Employment Research, The W. E. Upjohn Institute for Employment Research, January, 2003.

Saul D. Hoffman and Laurence S. Seidman. "Tax Cuts and Tax Reform -- Let’s Fix the EITC," Indicators, Vol. 2, No.2, pp. 64-84, 2003. 

Saul D. Hoffman and Laurence S. Seidman. "Getting Back to the Earned Income Tax Credit: The Next EITC Reform," Tax Notes, Vol. 100, No.11, pp. 1429-1436, 2003. 

Kenneth Koford, Jeff Miller, and David Colander, "Macroeconomic Policy and Collective Action" in Collective Choice:  Essays in Honor of Mancur Olson, edited by Jac Heckelman and Dennis Coates, Springer, 2003.

Kenneth A. Lewis and Laurence S. Seidman, "The Later You Pay, the Higher the K," Southern Economic Journal, 69, pp.560-77, 2003.

Charles Link and Yvana Chiha, “The Shortage of Registered Nurses and Some New Estimates of the Effects of Wages on RN Labor Supply:  A Look at the Past and a Preview of the 21st Century,” Health Policy, Vol. 64, 2003.

Jeffrey A. Miller, G. Caporale, K. Hristov, N. Nenovsky and B. Petrov. "The Bulgarian Banking System," in Z. Sevic, ed., Bank Reform in South-East Europe, Edward Elgar, Cheltenham, 2003.

James G. Mulligan, "Market Segmentation and the Diffusion of Quality-Enhancing Innovations:  The Case of Down-Hill Skiing," The Review of Economics and Statistics, Vol. LXXXV, Number 3, August, 2003.

George R. Parsons. "The Travel Cost Model," in A Primer on Non-Market Valuation, edited by Patty Champ, Kevin Boyle, and Tom Brown, Kluwer Publishing, 2003.

George R. Parsons and D. Matthew Massey. "A Random Utility Model of Beach Recreation" in The New Economics of Outdoor Recreation, edited by W.D. Shaw and N. Hauley, Edgar Elgar, Cheltenham, 2003. 

Laurence S. SeidmanAutomatic Fiscal Policies to Combat Recessions, M.E. Sharpe, 2003. 

Laurence S. Seidman. "Tax-Based Income Policies," in J. E. King (ed.), Post-Keynesian Economics, Elgar, 2003 

Ravi Yatawara, "Labour Productivity Growth and Employment Generation: Achievable Dual Goals?" in Economic Policy Issues and Debates in Sri Lanka: a Feschrift in honor of Dr Gamani Corea, 2003.

John S. Ying. "On Measuring Competitive Viability and Monopoly Power in Cable: An Empirical Cost Approach," (with Mary T. Kelly), The Review of Economics and Statistics, Vol 85 (4), pp. 962-970, 2003.

 
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