Department of Economics

Zsolt Becsi, Ph.D.

Office: Faner Hall 4134

Phone: 618/453-5062, becsi@siu.edu

Ph.D. 1991, Economics, University of Wisconsin, Madison

B.A. International Affairs, George Washington University

Fields: Macroeconomics, Public Economics

Professional and Honorary Affiliations: American Economic Association

Recent and Published Research:

"Does Wealth Imply Secularization and Longevity?," Journal of Money, Credit and Banking, forthcoming.

" Bilateral War in a Multilateral World: Carrots and Sticks for Conflict Resolution," with Sajal Lahiri, Canadian Journal of Economics, 40(4), 1168-1187, 2007.

"Heterogeneous Borrowers, Liquidity, and the Search for Credit," with Vector E. Li and Ping Wang, Journal of Economic Dynamics and Control, August 2005.

"War Technology, War, and Welfare," with Sajal Lahiri, India Macroeconomics Annual 2004-2005, edited by Sugata Marjit, the Reserve Bank of India Endowment: Calcutta.

"Endogenous Longevity and the Value-Maximizing Firm," Economics Bulletin, December 2002.

Chifeng Dai, Ph.D.

Office: Faner Hall 4140

Phone: 618/453-5347, daic@siu.edu

Ph.D., University of Florida, 2003

Fields: Industrial Organization, Contract Theory, Law and Economics, and Applied Econometrics

Professional and Honory Affiliations: Econometric Society, Industrial Organization Society

Recent and Published Research:

“Imperfect Verification, Appeals, and Limited Liability,” Journal of Regulatory Economics, forthcoming.

“The Appeals Process in Principal-Agent Relationships,” Journal of Economic Behavior & Organization, 71, 4451-462, 2009.

“Wealth Constraint and Contractual Arrangements,” Canadian Journal of Economics, 42, 226-243, 2009.

“Regulating a Risk-Averse Firm under Incomplete Information,” Journal of Regulatory Economics, 34, 75-85, 2008.

“Delegating Management to Experts,” with Tracy Lewis and Giuseppe Lopomo, Rand Journal of Economics, 37, 503-520, 2006.

Scott Gilbert, Ph.D., Director of Undergraduate Studies

Office: Faner Hall 4136

Phone: 618/453-5065, gilberts@siu.edu

Ph.D., 1996 Economics, University of California San Diego

Bachelor's Degree in Economics, 1987, University of California Berkeley

Fields: Econometrics, Macroeconomics, Finance

Professional and Honorary Affiliations: Econometric Society; Associate Editor, The American Statistician.

Recent and Published Research:

"Foreign Aid, History, and Growth," with Kevin Sylwester, in Theory and Practice of Foreign Aid, edited by Sajal Lahiri.

"Who's Afraid of Reduced-Rank Parameterizations of Multivariate Models? Theory and Example," working paper with Petr Zemcik, Journal of Multivariate Analysis, 97, 925-945, 2006.

"The Impact of Skewness in the Hedging Decision" (with Samuel K. Jones and Gay Hatfield), Journal of Futures Markets, 26, 503-520, 2006.

"Testing for Latent Factors in Models with Autocorrelation and Heteroskedasticity of Unknown Form" (with Petr Zemcik), Southern Economic Journal 72, 236-252, 2005.

"Distribution of Rankings for Groups Exhibiting Heteroskedasticity and Correlation," Journal of the American Statistical Association, March 2003.

Richard Grabowski, Ph.D.

Office: Faner Hall 4126

Phone: 618/453-5082, ricardo@siu.edu, cv

Ph.D. 1977, University of Utah, M.A. 1972, Eastern Illinois University.

B.S. 1971, Eastern Illinois University

Fields: Economic Development, International Economics

Professional and Honorary Affiliations: American Economic Association

Editorial Board for The International Business and Economic Review

Editorial Board for The International Journal of Applied Business and Economic Research

Editorial Board for The Journal of Business and Economics

Recent and Published Research:

"Relative Gender Differentials and Islam in Non-Arabic Nations:A Regional Analysis," with Sharmistha Self, International Journal of Development Issues (forthcoming).

“Gender Development, Institutions, and Level of Economic Development,” with Sharmistha Self, Review of Development Economics 13 (2009),pp.319-332.

“An Alternative Indian Model?” Journal of Asian Economics 20 (January 2009),pp.50-61.

“Modernization, Inter-Caste Marriage, and Dowry: An Analytical Perspective,” with Sharmistha Self, Journal of Asian Economics 20 (January 2009),pp.69-76.

“Modes of Long-Run Development: Latin America and East Asia,” Journal of Institutional Economics 4 (January 2008), pp. 25-50.

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Sajal Lahiri, Ph.D., Vandeveer Chair

Office: Faner Hall 4131

Phone: 618/453-9472, lahiri@siu.edu

Personal website:

http://mypage.siu.edu/lahiri

Ph.D., Indian Statistical Institute, 1977

Fields: International Trade, Development, Environmental Economics and Public Finance

Editor, The Review of Development Economics

Recent and Published Research:

“Foreign Aid as Prize: Incentives for a Pro-Poor Policy,” Review of Development Economics, 13, 4030415, 2009 (with Tejashree Sayanak).

“Visa Screening and Collateral Import of Terrorism,” The B.E. Journal of Economic Analysis & Policy (Contributions), 7 (1), 2007 (with S.P. Das).

“On the Provision of Official and Private Foreign Aid,” Journal of Development Economics, 80, 179-197, 2006 (with A. Schweinberger).

“Food for Education Versus School Quality: A Comparison of Policy Options to Reduce Child Labor,” Canadian Journal of Economics, 38, 394-419, 2005 (with S. Jafarey).

Trade and industrial policy under international oligopoly, Cambridge University Press, 2003 (Paperback edition, 2007) (with Y. Ono).

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Thomas Mitchell, Ph.D., Director of Graduate Studies

Office: Faner Hall 4143

Phone: 618/453-5073, tmitch@siu.edu

Personal website:

http://mysite.verizon.net/tmmitch/

Ph.D. 1984, M.A. 1981, Economics, Brown University (dissertation director: Ryuzo Sato).

B.S. 1978, Mathematics, Michigan State University

Fields: Microeconomic Theory, Mathematical Economics

Professional and Honorary Affiliations: American Economic Association, Phi Beta Kappa, Pi Mu Epsilon, MERLOT.org (Multimedia Eduational Resource for Learning and Online Teaching), SIUC Faculty Association

Faculty Advisor: Gamma Beta Phi, SIUC College Democrats

Recent and Published Research:

"Visualizing Long-Run Average Cost with an Interactive Excel Module," Journal of Economic Education, forthcoming.

"Conservation Laws for Microeconomists!: Comments on Economic Conservation Laws as Indices of Corporate Performance," Japan and the World Economy, 16, 2004, 269-276.

"Indeterminate Output Allocations," in Economic Theory, Dynamics and Markets: Essays in Honor of Ryuzo Sato, Takashi Negishi, Rama V. Ramachandran, and Kazuo Mino, eds., Kluwer Academic Publishers, Boston/Dordrecht/London, 2001, pp. 429–437.

"Homotheticity and Non-radical Changes" (with R.G. Chambers), Journal of Productivity Analysis 15, 2001, pp. 31–39.

"Multiple Outputs and 'Homotheticity'" (with R. Färe), Southern Economic Journal, 60, 1993, pp. 287–296.

AKM Mahbub Morshed, Ph.D.

Office: Faner Hall 4142

Phone: 618/453-5740, mmorshed@siu.edu

Personal website:

http://mypage.siu.edu/mmorshed

Ph.D. 2001, University of Washington

Fields: Macroeconomic Theory, International Economics

Recent and Published Research:

“Current Account Imbalances and Foreign Investment: A Theoretical Analysis of Interrelationships and Causalities,” Review of International Economics, forthcoming.

“Is There Really A “Border Effect?” Journal of International Money and Finance, 26 (7), 1229-1238, 2007.

“Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange Rates.” Review of Development Economics, 10 (3), 411-433, 2006 (with Stephen J. Turnovsky).

“Sectoral Adjustment Costs and Real Exchange Rate Dynamics in a Two-Sector Dependent Economy. ” Journal of International Economics, 63, 147-177, 2004 (with Stephen J. Turnovsky).

“What Can We Learn From a Large Border Effect in Developing Countries?” Journal of Development Economics, 72, 353-369, 2003.

Basharat Pitafi, Ph.D.

Office: Faner Hall 4144

Phone: 618/453-6250, pitafi@siu.edu

Ph.D., University of Hawaii, 2004

Fields: Resource/Environmental Economics, Public Economics

Professional Affiliations: American Economic Association, American Agricultural Economic Association, American Water Resources Association, Association of Environmental and Resource Economists, Northeastern Agricultural and Resource Economics Association, Western Economic Association International, Western Regional Science Association

Recent and Published Research:

“Pareto-Improving Water Management over Space and Time: The Honolulu Case,” (with J. Roumasset), American Journal of Agricultural Economics, 91 (1), 138-153, 2009.

“The Economic Value of Watershed Conservation,” (with B. Kaiser, J. Roumasset, and K. Burnett) in Coastal Watershed Management, A Fares and A.E. Kadi (eds.), Southampton, U.K., 2008.

“Evaluating Interdependent Watershed Conservation and Ground Water Management Reforms” (with J. Roumasset), Journal of the American Water Resources Association, 42(6), 1441-1450, 2006.

“Prevention, Eradication, and Containment of Invasive Species: Illustrations from Hawaii” (with K. Burnett, B. Kaiser and J. Roumasset), Agricultural and Resource Economics Review, 35(1), 63-77, 2006.

"Elasticity of Fuel Consumption: An Econometric Study," Empirical Economics Letters, 3 (4), 181-193, May 2004.

Daniel Primont, Ph.D.

Office: Faner Hall 4145

Phone: 618/453-5066, primo@siu.edu

Personal website:

http://mypage.siu.edu/primo

Ph.D. 1970, University of California, Santa Barbara

Fields: Microeconomic Theory, Productivity and Efficiency

Professional and Honorary Affiliations: American Economic Association, Econometric Society

Associate Editor, Journal of Productivity Analysis

Recent and Published Research:

"Morishima Gross Elasticity of Substitution," (with Charles Blackorby and R. Robert Russell), Journal of Productivity Analysis, 28 (3), 2007, 203-208.

Aggregation, Efficiency, and Measurement, Färe, Rolf, Shawna Grosskopf, and Daniel Primont, eds., Springer, 2007.

“Directional Duality Theory,” (with Rolf Färe), Economic Theory 29(1), 2006, 239-247.

"Stochastic Estimation of Firm Inefficiency Using Distance Functions," (with Scott E. Atkinson and Rolf Färe), Southern Economic Journal, 69(3), 2003,  596–611.

"Stochastic Estimation of Firm Technology, Inefficiency, and Productivity Growth Using Shadow Cost and Distance Functions" (with Scott E. Atkinson), Journal of Econometrics 108 (2002), 203–225.

Subhash Sharma, Ph.D. and Interim Chair

Office: Faner Hall 4139

Phone: 618/453-5070, sharma@siu.edu

Personal website:

sharma.siuc.edu

Ph.D. 1983, Statistics, University of Kentucky.

M.S. 1979, Statistics, University of Kentucky.

M.A. 1975, Mathematical-Statistics, University of Delhi, India

B.A. 1973, Mathematics (Honors), University of Delhi, India

Fields: Econometrics/Time Series Analysis; Applied Econometrics: Monetary Economics, International Finance, Development Economics

Executive Editor: Journal of Asian Economics

Recent and Published Research:

“Trend-following Trading Strategies in Commodity Futures: A Re-Examination,” forthcoming in Journal of Banking of Finance (with Qian Shen and Andrew Szakmary).

"Currency Substitution in Asian Countries," Journal of Asian Economics, 2005, Vol. 16, 489-532 (with Magda Kandil and Santi Chaisrisawatsuk).

"The Morishima Elasticity of Substitution for the Variable Profit Function and the Demand for Imports in the U.S.,@ International Economic Review, 2002, Vol. 43, No. 1, 115-135.

“Long-Term Trends and Cycles in ASEAN Stock Markets,” Review of Financial Economics, 2002, Vol. 11, 299-235 (with Praphan Wongbangpo).

"Robustness to Non-Normality of Regression F-Tests," Journal of Econometrics, 1996, Vol. 71, No. 1 and 2, 175-205 (with M.M. Ali).

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Kevin Sylwester, Ph.D.

Office: Faner Hall 4141

Phone: 618/453-5075, ksylwest@siu.edu

Ph.D. 1997, Economics, University of Wisconsin, Madison

M.A. 1995, University of Wisconsin, Madison

B.A. 1993, Washington University

Fields: Macroeconomics, Economic Growth, Development

Professional and Honorary Affiliations: Mmidwest Economics Association

Recent and Published Research:

“Historical Legacy and Institutions Across Countries,” Journal of Applied Economics 11, 2008, 373-398.

"Decolonization and Economic Growth: the Case of Africa," Journal of Economic Development, 30, 2005, 87-102.

"A Note on Geography, Institutions, and Income Inequality," Economics Letters 85, 2004, 235-240.

"A Model of Institutional Formation within a Rent Seeking Environment," Journal of Economic Behavior and Organization, 44, 2001, 169-176.

"Income Inequality, Education Expenditures, and Growth," Journal of Development Economics, 63, 2000, 379-398.

Paul Trescott , Ph.D. (Emeritus)

Office: Faner Hall 4044

Phone: 618/453-5095, trescott@midwest.net

Ph.D. 1954, Princeton University

Fields: History of Economic Thought, Monetary, Economics of China

Recent and Published Research:

Jingji Xue: The History of the Introduction of Western Economic Ideas into China, 1850-1950. Hong Kong: Chinese University Press, 2007.

"China, the WTO and World Trade," US-China Review, 31:1, Winter, 2007, pp. 10-13.

"Liang Qichao, Sun Yat-sen, and the 1905-1907 Debate on Socialism," International Journal of Social Economics 32 (12), 2005.

"H.D. Fong and the Study of Chinese Economic Development," History of Political Economy 34(4), Winter 2002, pp. 789–809.

"Graduate Study in Economics by Chinese in the U.S., 1900-1950," Taiwan Journal of Political Economy 3(1), September 2000.

"Recent Developments in China's Economy," US-China Review 24(1), Winter 2000, pp. 7–9.

Alison Watts, Ph.D.

Office: Faner Hall 4138

Phone: 618/453-5072, wattsa@siu.edu

Ph.D. 1993, Economics, Duke University

B.A. 1989, Mathematics, Johns Hopkins University

Fields: Microeconomics, Game Theory, Law and Economics

Recent and Published Research:

"Social Games: Matching and the Play of Finitely Repeated Games" (with M. Jackson), Games and Economic Behavior, forthcoming.

"Formation of Segregated and Integrated Groups," International Journal of Game Theory 35 (4), 2007, 505-519.

"Formation of Buyer-Seller Trade Networks in a Quality-Differentiated Product Market" (with P. Wang), Canadian Journal of Economics 39, (2006), 971-1004.

"The Evolution of Social and Economic Networks (with M. Jackson), Journal of Economic Theory 106, (2002), 265-295.

"On the Formation of Interaction Networks in Social Coordination Games" (with M. Jackson), Games and Economic Behavior 41 (2002), 265–291.