Department of Economics

 

 

Latest News from the Department of Economics

Joe Daniel presented a paper, joint with former graduate student Kate Harback, "Pricing the Major US Hub Airports" at the 3rd annual Kuhmo-Nectar Conference on Transport and Urban Economics, hosted by the Free University, Amsterdam,  July, 2008.

Farley Grubb presented his paper on “Land Policy: Founding Choices and Outcomes, 1781-1803” at the National Bureau of Economic Research, Cambridge, MA, July 10, 2008.

Jeff Miller and George Irvine (UD-CFIS) have received a grant for $435,600 from the Department of State under Title VIII to support in-country scholarships, evaluation, dissemination and conferences for the topic “Transition in the Emerging Market Economies of the Balkans.”

Jeff Miller received an
International Research Award from UD for his project, “Organizing a National System of Higher Education: A comparison of the US and France.”

Farley Grubb
presented “Creating Maryland’s Paper Money Economy, 1720-1739: The Role of Power, Print, and Markets,” at the 2008 Colloquium on Money, Power & Print: Interdisciplinary Studies of the Financial Revolution in the British Isles, 1688-1776 in St. John’s, Newfoundland, Canada, June 26-28, 2008.

Farley Grubb presented “The Birth of the Continental Dollar—Monetary Lessons from the Past” at the American Institute for Economic Research, Great Barrington, MA, June 12, 2008.

Graduate student Arina Matvejeva participated in the European School on New Institutional Economics, May 19-23, 2008 in Cargese, France.

David Stockman presented "Euler Equation Branching" at the Midwest Macro Meetings at the University of Pennsylvania, May 8-10, 2008.

David Stockman presented "Expected Utility in Models with Chaos" at the 8th Annual Missouri Economics Conference sponsored by the Federal Reserve Bank of St. Louis and the Economics Department at the University of Missouri--Columbia in Columbia, MO, March, 2008. He also presented "Euler Equation Branching" at the 16th Annual Symposium of the Society for Nonlinear Dynamics and Econometrics at the Federal Reserve Bank of San Francisco, April 3-4, 2008. He also chaired a session on "Bubbles and Crashes."

Graduate student Stela Stefanova has been chosen as one of two recipients of the 2008 University of Delaware Excellence in Teaching Award for graduate student Teaching Assistants.

Farley Grubb presented a talk on his book Souls for Sale to the National Society of the Colonial Danes of America in the State of Delaware, Wilmington, DE March 17, 2008.

David Stockman presented "Fixed Points Imply Chaos for a Class of Multi-Valued Dynamical Systems" at the Spring Topology and Dynamics Conference, University of Wisconsin-Milwaukee, March 2008.

Farley Grubb participated in the NBER conference on the Development of the American Economy, March 1-2, 2008, in Cambridge, MA.

James O'Neill, Professor of Economics and Director of the Center for Economic Education and Entrepreneurship, received the inaugural First State Savings Star Award February 26, 2008 for "his extraordinary commitment to financial education and independence." The award was given by First State Saves.

Farley Grubb presented a talk on his book Souls for Sale at the Landis Valley Museum, Lancaster, PA, February 16, 2008.

Larry Seidman, Chaplin Tyler Professor, discussed current macroeconomic policy on the ABC Nightly News, January 18, 2008 and on Delaware Tonight (WHYY, Philadelphia) January 21,2008.

Farley Grubb presented his paper “The Continental Dollar: What Happened to it after 1779?” at the annual American Economic Association meetings in New Orleans, Jan. 4, 2008. He also chaired a session on “Technological Innovations and Social Capital: What Mattered When.”

Eleanor Craig was the featured newsmaker on radio station WILM-AM on Dec. 12, 2007. She discussed competition and choice in education in Delaware.

Eleanor Craig organized and moderated a session on “Property Tax Incidence Studies” at the 100th annual meetings of the National Tax Association, November 15th in Columbus, Ohio.

Graduate student Jim Markham co-authored a chapter on "Shareholders" in Corporate Governance, edited by Alexander N. Kostyuk, Udo C. Braendle, and Rodolfo Apreda, and published by Virtus Interpress, Sumy, Ukraine. Markham's co-author is UD Finance Professor Paul Laux.

Saul Hoffman presented "Kids Having Kids Updated: New Estimates of The Economic Consequences of Teen Childbearing for the Mothers" at the 29th annual Research Conference of the Association for Public Policy Analysis and Management, Washington, DC, Nov. 8.  He also participated in a Grant Review Panel for the Population Sciences Committee of NICHD, Nov. 8-9, also in Washington, DC.

James Mulligan presented "Item Pricing Laws, Supplier Behavior, and the Diffusion of Time-saving Technological Innovations," co-authored with former UD graduate student Nilotpal Das, at the 7th Global Conference on Business and Economics, October 12-14 in Rome. The conference was co-sponsored by the International Journal of Business and Economics and the Association for Business and Economics Research. Mulligan also a discussant for a paper, "Modeling the Term Structure of Interest Rates in the Thai Market," by Chalita Promchan of Walailak University.

Vera Brusentsev
presented
"Unemployment Compensation Recipiency in English-Speaking Countries" at the International Atlantic Economic Conference, Savannah, GA, Oct 7-10.

Graduate student Arek Nowak was a discussant at the Financial Management Association meetings in Orlando, FL, October 18, 2007.  He discussed "Market Design and Execution Cost for Matched Securities Worldwide"by Michael J. Aitken, Rowan M. Cook, Frederick H. deB. Harris and Thomas H. McInish.

Saul Hoffman made a presentation in the UD Research on Women Lecture Series, Oct. 17, 2007.  Hoffman spoke on the "National Costs of Teen Births."

Stacie Beck attended the Salzburg Global Seminar, “Challenges to the International Monetary System: Rebalancing Currencies, Institutions, and Rules,” September 29 – October 3, 2007 in Salzburg, Austria.

Eleanor Craig was the newsmaker guest on WILM's Money and Politics in Delaware show on Sept. 15, 2007. The subject of the interview was public education finances in Delaware and the status of tax exempt financing for school construction projects in charter schools.

David Stockman presented "Expected Utility in Economic Models with Chaos." Invited Seminar, Department of Mathematics, Baylor University, July 16, 2007.

Charles Link presented "Variations in Physician Prescribing Patterns for Statins: A Probit and Multinomial Logit Analysis" at the 6th World Congress on Health Economics held in Copenhagen, Denmark and Lund, Sweden July 8-11, 2007.

Farley Grubb presented his current research paper “The Continental Dollar—Part 1: How Much was Issued?” at the National Bureau of Economic Research, July 9th, Cambridge, MA.

Graduate student Arina Matvejeva presented a paper "Fyodorov's Radial Keratotomy: Technological Diffusion under Different Institutional Regimes" during the ISNIE (International Society for New Institutional Economics) conference in Reykjavik, Iceland, on June 23rd, 2007.

Farley Grubb was cited in NEWSWEEK, June 25th issue, p. 35, in an article by Robert J. Samuelson, “The Vanishing Greenback.” Grubb has conducted research on the origins of the US monetary system in the colonial period.

David Stockman, "Multi-Valued Dynamical Systems in Economics" at the SIAM Conference on Applications of Dynamical Systems, Snowbird, UT, May 31, 2007.

Farley Grubb
, “The Continental Dollar: How Much Was Issued and What Happened to It?” at SUNY-Binghamton, May 4, 2007.

Jorge Soares participated in the Carnegie-Rochester Conference on Public Policy held on April 20 and 21, 2007 at the University of Rochester. He also presented his paper, “Borrowing Constraints, Child Labor and Welfare” at the 2007 Midwest Macroeconomics Meetings hosted by the Research Department of the Federal Reserve Bank of Cleveland on April 27-29, 2007.

Larry Seidman
attended the conference "Do We Tax Energy Enough?" at the American Enterprise Institute in Washington DC, March 29, 2007.

David Stockman presented "Expected Utility in Economic Models with Chaos" at the Spring Topology and Dynamics Conference, University of Missouri-Rolla, March 2007.

Richard Agnello presented, “Art Prices and Race: Paintings By African American Artists and Their White Contemporaries” co-authored with Xiaowen Xu (MA 2006) at the Eastern Economics Association Annual Conference, New York City, February, 2007.

Kolver Hernandez presented “Inflation and Output Dynamics with State-Dependent Nominal Rigidities”  at CIDE, Mexico City, Mexico, February 21 and “Relative Price Dynamics and the Aggregate Economy” in the Macroeconomics Seminar of the Federal Reserve Bank of Atlanta, March 1.

David Stockman presented "Expected Utility in Models with Chaos" at Williams College, January 12 and at Villanova University, February 16.

Bill Latham appeared on the Ch.12. Delaware Nightly News to talk about the economic impact of the possible closing of the Newark Chrysler factory, February 6, 2007.

Farley Grubb presented “The Net Worth of the U.S. Federal Government, 1784-1802,” at the annual meeting of the American Economics Association, Chicago, Jan. 5, 2007.

The Federal Reserve Bank of Philadelphia has just published “Benjamin Franklin and the Birth of a Paper Money Economy” by Farley Grubb. Read the whole paper...

Eleanor Craig discussed three papers in the session, Taxes and Migration,” at the National Tax Association Meetings in Boston, Nov 16, 2006.

Farley Grubb presented a paper “The Net Asset Position of the U.S. National Government, 1784-1802: Hamilton’s Blessing or the Spoils of War?” at the annual meetings of the Southern Economic Association in Charleston, SC, Nov. 18, 2006.

Graduate student, Nasser Yayi, presented a paper, "A Random Utility Model of Recreational Trout Fishing in Delaware," at a special student session of the annual meetings of the Southern Economic Association in Charleston, SC, Nov. 18, 2006.

James O'Neill, Director of the Center for Economic Education and Entrepreneurship, was awarded the John C. Schramm Leadership Award at the annual conference of the National Council on Economic Education, the National Association of Economic Educators and the Global Association of Teachers of Economics. The award recognizes individuals “whose leadership has had an extraordinary positive impact at both the state and national levels."

Saul Hoffman presented a briefing for Congressional aides at the U.S. Capitol Building, Oct. 30, concerning the release of a new report on the National and State Costs of Teen Childbearing.  The report, which he wrote, was issued by the National Campaign to Prevent Teen Pregnancy.

Graduate student Arina Matvejeva presented a paper, "Patent Rights Index in Countries in Transition," at the Thinking and Doing Conference in Boulder, Colorado, Sept. 25-26, 2006.

Farley Grubb presented a paper, “The Net Asset Position of the U.S. Government, 1784-1802: Hamilton’s Blessing or the Spoils of War?” at the XIV International Economic History Congress, Helsinki, Finland, August 25, 2006.  He was also recently appointed to the nominations committee of the Economic History Association for 2006-2007.

Jeffrey Miller spent two weeks in Tbilisi, the Republic of Georgia, in the summer of 2006 teaching in an Open Society-sponsored program for college level teachers from Central Asia and the Caucasus. The participants were engaged in writing monographs on the banking systems in their respective countries for use in classrooms throughout Central Asia and the Caucasus.

Jorge Soares presented his paper “Borrowing Constraints, Parental Altruism and Welfare,” at the 2006 Meetings of the Society for Economic Dynamics, July 6 - 8, 2006 in Vancouver, Canada.

Farley Grubb attended the Summer Institute on the Development of the American Economy at the National Bureau of Economic Research in Cambridge, MA July 9-13, 2006.

Charles Link presented a paper, "Variations in Prescribing Patterns of Statins, Coronary Heart Disease: A Multinomial Analysis of the NAMCS Survey for 1992-200" at the American Society of Health Economists conference in Madison, WI, June 5, 2006.  He also presented a paper, "Variations in Prescribing Patterns of Statins, Coronary Heart Disease, Dyslipidemia, and Diabetes: A Multinomial Analysis of the NAMCS, NHAMCS and MEPS Surveys for 1992-2004" at the European Health Economics Association in Budapest, Hungary, July 9, 2006.

Jorge Soares
and
Kolver Hernandez both presented papers at the 2006 Midwest Macroeconomics Meetings held May 5-7, 2006 at Washington University in St. Louis, MO. Soares presented “Borrowing Constraints, Parental Altruism and Human Capital Accumulation.” Hernandez presented “State-Dependent Nominal Rigidities and Disinflation Programs in Small Open Economies.”

Graduate students Dan Brown and Katie McCann have been chosen as two of just 50 Economics graduate students in the entire country to attend the 2nd meeting of Nobel Laureates and students in Economics in Germany, August, 2006. Thirteen Nobel Laureates in Economics have already agreed to participate.

Dave Black has been chosen as the 1st winner of the University of Delaware Lerner College Educator Award and Farley Grubb was one of two college faculty chosen for the 1st Lerner College Scholar Award. The Educator Award recognizes outstanding teaching contributions. The Scholar Award recognizes outstanding research accomplishments.

Saul Hoffman was reappointed to a second five-year term on the Research and Effective Programs Taskforce of the National Campaign to Prevent Teen Pregnancy, effective May, 2006.

David Stockman, "Balanced-Budget Rules: Cycles and Complex Dynamics," Invited Seminar, Department of Mathematics at Baylor University, April 28, 2006.

Kolver Hernandez presented “State-Dependent Nominal Rigidities and Disinflation Programs in Small Open Economies,” at Drexel University April 5, 2006 and at the Open Macroeconomics and Development conference organized by CEDERS at Aix-en-Provence, France.  At the same conference he was a discussant of the paper “Inter-Temporal Adjustment and Fiscal Policy in a Fixed Exchange Rate Regime” by G. Nancy, M. Aloy and B. Moreno.

Larry Seidman, Chaplin Tyler Professor of Economics, presented the annual Hutchinson Lecture at the University of Delaware ,April 19, 2006.  The Hutchinson Lecture honors former UD Economics professor Harry Hutchinson and features a talk by a prominent macroeconomist.  Seidman is the first UD professor to give the Hutchinson lecture. His Hutchinson talk was "Bernanke and the Fed:  Predicting What He Will Do From What He Has Written."

Jorge Soares presented an invited talk at Indiana University on “Borrowing Constraints, Parental Altruism and Human Capital Accumulation,” April 6, 2006.

Farley Grubb presented a talk on “Benjamin Franklin and the Birth of a Paper Money Economy,” at the Federal Reserve Bank of Philadelphia, March 30, 2006. The talk was part of the Franklin 300th birthday celebration events. 

Farley Grubb presented his paper “The Net Asset Position of the U.S. National Government, 1784-1802: Hamilton’s Blessing or the Spoils of War?” at the Program Meeting of the Development of the American Economy Group at the National Bureau of Economic Research, Cambridge, MA, March 4, 2006.

Farley Grubb presented an invited talk at the University of Pennsylvania on “Population Dynamics, Income Growth, and Education: Historic Trends in the U.S. Economy,” February 24, 2006.

 
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