Economics Faculty Research


Ghosh, Gagan "Non Existence of Equilibria in Simultaneous Auctions with Common Budget Constraint" forthcoming, International Journal of Game Theory


Gill, Andrew  and Radha Bhattacharya “Integration of a Financial Literacy Curriculum in a High School Economics Class: Implications of Varying the Input Mix from an Experiment,” The Journal of Consumer Affairs, forthcoming.


Stanley, Denise “Can Unconditional Cash Transfers Be Problematic? Honduran Remittances and Laobr Supply Decisions.” Forthcoming in Contemporary Economic Policy.


Adrian Fleissig “Estimating Demand Elasticities Under Rationing,” with Gerald Whitney, Applied Economics, 2014, 46(4), 432-440.

Adrian Fleissig “Return on Investment from Training Programs and Intensive Services,” Atlantic Economic Journal, 2014, 42(1), 39-51.

Craig, S. and Larry L. Howard.  Is Medicaid Crowding Out Other State Government Expenditure? Internal Financing and Cross-Program Substitution.  Forthcoming in Regional Science and Urban Economics 2014.

Howard, Larry L.  Do the Medicaid and Medicare Programs Compete for Access to Health Care Services? A Longitudinal Analysis of Physician Fees, 1998-2004. International Journal of Health Care Finance and Economics 2014; 14(3): 229-250.

Bhargava, A., A. M. Guntupalli, M. Lokshin and Larry L. Howard. Modeling the Effects of Immunizations Timing on Child Health Outcomes in India. Health Economics 2014; 23(5): 606-620.

Sherif Khalifa "Direction of Trade and Wage Inequality." Applied Economics Letters, forthcoming.


Sherif Khalifa "South-South Trade and Skill Premia." The World Economy, forthcoming.

Kristin J. Kleinjans and Arthur van Soest  “Rounding, Focal Point Answers and Nonresponse to Subjective Probability Questions”. 2014. Journal of Applied Econometrics 29(4), 567-585.


Fang Zhang "Monetary Policy for Rationally Inattentive Economies with Staggered Price Setting," Journal of Economic Dynamics and Control, Volume 38, January 2014, Pages 184-208.



Gabriela Best, (2013). "Fear of Floating or Monetary Policy as Usual? A Structural Analysis of Mexico's Monetary Policy," The North American Journal of Economics and Finance, Volume 24, Pages 45–62.

Rokon Bhuiyan “Inflationary Expectations and Monetary Policy: Evidence from Bangladesh”, Empirical Economics, pp. 1155-1169, Volume 44, Issue 3, May, 2013.


Farka, Mira and Adrian Fleissig "The Impact of FOMC Statements on the Volatility of Asset Prices", Applied Economics, 2013, 45, 10, 1287-1301. 


Adrian Fleissig “Virtual prices and the impact of house rationing in Belgium on consumer choices,” (with Gerald Whitney) Explorations in Economic History, 2013, 50(2), 308–315.

Gill, Andrew “Wonderlic, Race, and the NFL Draft,” (with Victor Brajer), Journal of Sports Economics, December 2012.


Sherif Khalifa "Undiscounted Optimal Growth with Consumable Capital and Capital-Intensive Consumption Goods." Mathematical Social Sciences, 65: 118-135, 2013.


Sherif Khalifa  "Housing Wealth Effect: Evidence from Threshold Estimation." Journal of Housing Economics, 22: 25-35, 2013. (with Ousmane Seck and Elwin Tobing)


Sherif Khalifa  "Cyclical Job Upgrading, Wage Inequality, and Unemployment Dynamics." International Economic Journal, 27 (4): 549-585, 2013.


Sherif Khalifa  "Labor Mismatch, Skill Obsolescence, and Unemployment Persistence." Journal of Quantitative Economics, 11 (1&2): 199-229, 2013.


Kristin J. KleinjansThe Man of the House – How the Use of Household Head Characteristics leads to Omitted Variable Bias”. 2013. Economics Letters 119 (May), 133-135.


Emmanuel Lartey "Remittances, Investment and Growth in Sub-Saharan Africa," (2013)   Journal of International Trade and Economic Development 22:7,  1038-1058


Pan, Huiran, Wang, C. (2013). Co-movement of Government Debt and Economic Growth in the Euro-area: A Bayesian Dynamic Factor Model Analysis. International Economic Journal, December 2013, 27(4), 625-643.


Pan, Huiran (2013). Asset Revaluation and Trade Balance under Liability Dollarization: The Case of South Korea. Journal of Economic Development, September 2013, 38(3), 1-32.


Pan, Huiran, Wang, C. (2013). House Prices, Bank Instability, and Economic Growth: Evidence from the Threshold Model. Journal of Banking and Finance, May 2013, 37(5), 1720-1732.


Pan, Huiran, Wang, C. (2013). Financial Development and Economic Growth: A New Investigation. Journal of Economic Development, March 2013, 38(1), 27-46.


Robert Michaels (with Andrew N. Kleit, Pennsylvania State University), “Reforming Texas Electricity Markets:  If You Buy the Power, Why Pay for the Powerplant?” Regulation 36:2 (Summer 2013), 32-35.

 Stanley, Denise “Can Technology Improve Large Class Learning? The Case of an Upper-Division Business Core Class.” Journal of Education for Business 88:265-270, 2013.


Rokon Bhuiyan “The Effects of Monetary Policy Shocks in Bangladesh: A Bayesian Structural VAR Approach”, International Economic Journal, pp. 123-134, Volume 34, No. 2, June 2012.


Rokon Bhuiyan “Identifying a Forward-Looking Monetary Policy in an Open Economy”, Economica, pp. 576-599, Volume 79, No. 315, July 2012.


Rokon Bhuiyan “Monetary Transmission Mechanism in a Small Open Economy: A Bayesian Structural VAR Approach”, Canadian Journal of Economics, pp. 1037-1061, Volume 3, No. 45, August 2012.


Mira Farka and Adrian Fleissig “The Effect of FOMC Statements on Asset Prices,” International Review of Applied Economics, 2012, vol 30(3), 387-416.

Howard, Larry L. and N. Prakash.  Do Employment Quotas Explain the Occupational Choices of Disadvantaged Minorities in India? International Review of Applied Economics 2012; 26(4): 489-513.               

Howard, Larry L. and N. Prakash.  Do School Lunch Subsidies Change the Dietary Patterns of Children from Low-Income Households? Contemporary Economic Policy2012: 30(3): 362-381. 


Sherif Khalifa "Job Competition, Crowding Out and Unemployment Fluctuations." Macroeconomic Dynamics, 16: 1-34, 2012.


Maria Knoth Humlum, Kristin J. Kleinjans, and  Helena Skyt Nielsen “An Economic Analysis of Identity and Career Choice”. 2012. Economic Inquiry 50(1), 39-61.


Emmanuel Lartey "Financial Openness, Nontradable Inflation and Optimal Monetary Policy," (2012) Economics Letters 117:3, 782-785 


Emmanuel Lartey "Remittances, Exchange Rate Regimes and the Dutch Disease: A Panel Data Analysis," with Pablo A. Acosta and Federico S. Mandelman, (2012)   Review of International Economics  20:2, 377–395


Robert Michael Energy Efficiency and Climate Policy:  the Rebound Dilemma, Institute for Energy Research, Washington, 2012.  At  


Pan, Huiran, Wang, C. (2012). Government Debt in the Euro Area—Evidence from Dynamic Factor Analysis. Economics Letters, May 2012, 115(2), 272-275.


Stanley, Denise, Voeks, R. and Short, L. “Is Non-Timber Forest Product Harvest Sustainable in the Less-Developed World? A Systematic Review of the Recent Economic and Ecological Literature.” Ethnobiology and Conservation 1: 1-39, 2012.


Bhattacharya, R. , & Kim, S. (2011). Economic fundamentals, subprime lending and housing prices: Evidence from msa-level panel data. Housing Studies, 26(6), 897-910.


Farka, Mira “The Fed and the Stock Market: An Identification Based on Intraday Futures Data,” (with Stefania D’Amico),                 Journal of Business and Economics Statistics, 2011, 29, 1, 126-137.


Farka, Mira “Monetary Policy and the Term Structure: Addressing Simultaneity within a Structural VAR model,” (with                 Amadeu DaSilva) Journal of Empirical Finance, 2011, 18, 5, 935-952.


Farka, Mira “Habit Formation in an Overlapping Generations Model with Borrowing Constraints,” (with Amadeu DaSilva                 and Christos Giannikos), European Financial Management, 2011, 17, 4, 705-725.


Farka, Mira  “The Asymmetric Impact of FOMC Statements on Asset Prices,” Contemporary Economic Policy, 2011, 29, 4,                 469-493.              


Emmanuel Lartey and  Farka, Mira “Financial Development, Crisis and Growth,”  Applied Economic Letters, 2011, 18, 8, 711-714.


Adrian Fleissig “A Revealed Preference Test of Rationing,” (with Gerald Whitney), Economics Letters, 2011, 113 (3), 234-236.


Chiara Gratton-Lavoie and  Andrew  Gill   “The Importance of High School Economic Education,” in Papers and Proceedings of the FTU International Seminar (November 2011) on Issues of Economic Development and Accounting in Asia, Foreign Trade University, Hanoi, Vietnam.


Gill, Andrew  and Chiara Gratton-Lavoie “Retention of Economic Knowledge and the Effect of the California Mandate,” Journal of Economic Education, v42 (4), pp.319-336.


Sherif Khalifa "Undiscounted Optimal Growth with Consumable Capital: Application to Water Resources." Journal of Applied Economics, XIV, 1: 145-166, 2011. (with Ihsan Hurçan)


Sherif Khalifa  "Undiscounted Optimal Growth with Consumable Capital and Labor-Intensive Consumption Goods." Economic Modelling, 28: 1673-1682, 2011.


Sherif Khalifa  "Financial Wealth Effect: Evidence from Threshold Estimation." Applied Economics Letters, 18 (13): 1303-1305, 2011. (with Ousmane Seck and Elwin Tobing)

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