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Department of Economics1
at the Andrew Young School of Policy Studies
The Department of Economics faculty is very active in the Centers and Programs of the Andrew Young School of Policy Studies. In addition to work found in those sections, and to publications listed in "Papers, Books and Chapters: Published or Forthcoming," various other projects are listed below. Academic programs are described in the Academic Assistance section.
In This Page:
Programs
Iowa Electronic Market (IEM). In this real time and real money electronic futures market designed specifically as a teaching and research tool, students use real money accounts to trade contracts with payoffs based upon real-world events such as political outcomes, companies' earnings per share and stock price returns, allowing students to participate directly in a market instead of simply reading and talking about them. Now in its third year of use, 100% of professors and GTAs report using the IEM in their principles of microeconomics courses. The AYSPS staffs this 10-computer lab with graduate teaching assistants.
The Department of Economics is host to the following fellows: United States Agency for International Development (USAID) Mandela Scholars Gabriel Disenyana, Lesley Fisher, Veronica Mafoko, Percy Moleke, Vuyelwa Vumendlini, and Malele Mogoane; and Edmund Muskie Fellows Oleksandr Rohozynsky and Ludmila Rovba.
Graduate Teaching Assistant Training Program. This newly created trial program is designed to help GTAs in Economics perform well in the classrooms. During 2000, two sessions were conducted by Dr. Harry Dangel of the center for teaching and learning, focusing on basic issues involving teaching and learning. Future work will include the video-taping of portions of GTA lectures, and analyzing taped lectures to identify areas for improvement. Yongsheng Xu manages the GTA training program.
Faculty Recruitment. The Department of Economics conducted four searches in 2000: urban regional economics, resource and environmental economics, poverty and welfare economics, and nonprofit economics. Over 500 applications were received for these positions, and search committees interviewed approximately 50 candidates for these positions in the ASSA meetings in New Orleans.
Projects
Development of Lecture Material on European Union Enlargement. Neven Valev. European Union Research Center of the University System of Georgia. The material will be advertised by the EU center, one of only 12 research centers established by the EU in the United States, and will be available for use by any interested lecturer in the US. ($600)
Development of WebCT course for ECON3950: Introductory Econometrics and Applications. Shiferaw Gurmu. Andrew Young School of Policy Studies WebCT Incentive Program. ($2,500)
Development of WebCT course for ECON8450: Issues in Public Programs and Tax Policy. Sally Wallace. Andrew Young School of Policy Studies WebCT Incentive Program. ($2,500)
Development of WebCT course for ECON4930/6030: Mathematical Economics/Introduction to Mathematics for Economics, and ECON8030: Mathematics for Economists. Yongsheng Xu. Andrew Young School of Policy Studies WebCT Incentive Program. ($2,500)
Faculty Mentoring Grant. Neven Valev and Jorge Martinez-Vazquez. Study Foreign Direct Investment in transition economies. ($10,000)
Forecasting Aggregate Traffic Volumes in the Metro Atlanta Area. Mary Beth Walker. This grant from the State of Georgia Environmental Protection Division is part of the ongoing effort to evaluate the voluntary smog-reduction program that has been in effect for three years in the Atlanta area. ($47,000)
Intergovernmental Personnel Agreement for Research and Consultation. Paul G. Farnham. Division of HIV/AIDS Prevention, Centers for Disease Control and Prevention, May, 2000 - May, 2001. ($46,547)
Mentoring Grant. Julie L. Hotchkiss and M. Melinda Pitts. Georgia State University.
Mentorship for development of WebCT course for ECON4930/6030, ECON8030, and ECON8450. Julie Hotchkiss. Andrew Young School of Policy Studies WebCT Incentive Program. ($2,000)
Perinatal Grant. Melinda Pitts and Mary Beth Walker. Funded by the Georgia Department of Medical Assistance, 2000. ($50,000)
Professional Opportunities for Women in Research and Education - Supplement. Susan Laury. This National Science Foundation grant will be used to fund travel expenses for 10 junior psychology professors from around the country to attend the fall Economic Science Association meetings in Tucson, Ariz. ($10,000).
Research Initiation Grant. Neven Valev. Organize and conduct a survey of expected inflation under a currency board regime. ($5,000)
Supplement to Individual Motives for Giving. Susan Laury. National Science Foundation, awarded August 2000.
Technology Fee. Susan Laury. This GSU grant will fund computers and graduate lab assistants for the IEM lab, September 2000.
Welfare-to-Work Transitions in Five Urban Areas: Initial Results from the Pooled Multivariate Analysis. Julie L. Hotchkiss (with Jerome A. Olson, Christopher T. King, Peter R. Mueser, Phillip S. Rokicki, and David W. Stevens). Report delivered to the U.S. Department of Labor, Employment and Training Administration, Office of Policy and Research, Division of Research and Demonstration, under DOL Agreement K-6558-8-00-60, March 2000.
Under Review
Examination of the State of Colorado Tax Structure. James Alm. Colorado Commission on Taxation. ($1,567,234, under review)
Game Theory and Social Interactions: A Virtual Collaboratory for Teaching and Research. Susan Laury (with Charles Holt, Alvin Roth, Thomas Palfrey, Jacob Goeree, Lisa Anderson, David Lucking-Reiley, Catherine Eckel, Jean Ensminger, and Rick Wilson), National Science Foundation. (under review)
Undergraduate Research Experiences in Economics. James Alm and Paula Stephan. National Science Foundation ($180,600, under review)
Who Pays Impact Fees? The Effects of Impact Fees on Land and Housing Prices. James Alm and Douglas Campbell.* Lincoln Institute of Land Policy. ($53,699, under review)
Visitors and Presentations
Applied Econometrics Workshop:
Workshop Coordinator: Shif Gurmu
| February 25 | Julie Hotchkiss (Georgia State University)
"The Upside Potential of Hiring Risky Workers: Evidence from the Baseball Industry" |
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| March 17 | Keith Maskus (University of Colorado
at Boulder) "Vertical Price Control and Parallel Imports" |
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| April 7 | Scott Atkinson (University of Georgia
-Athens) "Measuring the Impact of Emissions Reduction on Electric Utility Productivity - A Bayesian Approach" |
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| April 18 | Bruce Weinberg (Ohio State University)
"Do Neighborhoods Affect Work Behavior? Evidence from the NLSY79" |
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| September 22 | Colin A. Cameron (University of California,
Davis) "Simulation Methods for Nested Logit Models" |
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| October 13 | Joseph Terza (Penn State University)
"Cost Containment and Favorable Selection by Medicare HMOs: A Two-part Model of Health Services Utilization with Endogenous Enrollment" |
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| October 27 | Nazrul Islam (Emory University) "Productivity Dynamics in a Large Sample of Countries: A Panel Study" |
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| November 3 | Jeffrey Zax (University of Colorado,
Boulder) "Demand, Supply and Race in the Denver Market for Small Business Credit" |
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| December 1 | Darren Grant (Georgia Southern University)
"Explaining the Socioeconomic Differential in U.S. Cesarean Rates" |
Economics Seminar Series:
| March 1 | Shannon Mudd (Georgia State University) "Incentive Targeting, Influence Peddling, and Foreign Direct Investment" |
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| May 1 | Walter Bossert (Rice University and
Nottingham University) "Welfarist Population Ethics" |
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| October 31 | Nick Baigent (University of Graz,
Austria) "On Merit Wants" |
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| November 17 | Herve Moulin (Rice University) "Emptying or Filling an Urn Fairly and Rationally" |
Tools for Teaching Brown Bag Lunch Series:
| January 21 | Mike Selami (University of North Carolina
at Chapel Hill) "Active Learning in the Economics Classroom with an Emphasis on Discussion" |
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| August 16 | Jim Alm, Doug Campbell,* and Darmen K. Zhumadil* (Georgia State Univerisity) "Getting Started in Teaching" | |
| September 8 | Yongsheng Xu and GTAs (Georgia State
University) "How to Survive in the Classroom" |
1. For a complete listing of AYSPS Active Research Sponsored Grants from CY2000, see the Appendix: Report on External Funding, which can be found at the end of this annual report.
