economics/finance research

Dr. Donald I. Bosshardt, Associate Professor of Economics and Finance

D. I. Bosshardt, L. Lichtenstein and M. Zaporowski, "
Optimal Tuition Pricing with a Linear Probability Model," Journal of Business and Economic Studies, vol 14,1, 2008: 36-44.

D.I. Bosshardt, “Capital Structure, Investment Unanimity, and Public Goods: The Case for Social Responsibility,” Quarterly Review of Economics and Finance, vol. 43, 2003: 239-260.

D.I. Bosshardt and D. M. Patterson, “
The Marginal Value of Management Using Stochastic Control,” Journal of Economics and Dynamic Control, vol. 15, 1991: 455-489.

D.I. Bosshardt, “
A Model of Intertemporal Discount Rate in the Presence of Real and Inflationary Autocorrelations,” Journal of Finance, vol. 42, no. 4, September 1987: 1049-1070.

D.I. Bosshardt, “Equity Clienteles, Short Sale Restrictions, and the Miller Equilibrium,” Financial Review, vol. 19, no. 2, May 1984: 240-250.

D.I. Bosshardt, “
Spanning Pareto Optimality and the Mean-Variance Model,” International Economic Review, vol. 24, no. 3, October 1983: 649-669.


Dr. Emma D. Bojinova, Assistant Professor of Economics

Bojinova, E.D., "Racial Differences in the Intensity of Breast Cancer Treatment," 63rd Annual Meeting of the New York State Economic Association, vol. 3, 10-18, June 2011.

Bojinova, E.D., "The Geographic Life Cycle," Refereed Conference Proceedings of the International Journal of Arts & Sciences (IJAS), 2010:  2(2), 227-228 (CD-ROM), ISSN:  1943-6114.

Bojinova, E.D., "Geographic Concentration and Industry Shakeouts," Refereed Conference Proceedngs of IBFR, ISSN 1931-0285, 2009:  vol.4, no. 1, (CD and on-line format).

Bojinova, E.D., "The Geographic Life Cycle," Refereed Conference Proceedings of the Business Research Consortium of Western New York, 2009 (paper and on-line format).


Dr. Scott W. Hegerty, Assistant Professor of Economics and Finance

S.W. Hegerty, “Interest-Rate Volatility and Volatility Spillovers in Emerging Europe,” International Review of Applied Economics, 25(5), 2011: 599-614.

S.W. Hegerty, “Capital Flows to Russia, Ukraine, and Belarus: Does ‘Hot’ Money Respond Differently to Macroeconomic Shocks?” New York Economic Review, 42, 2011:  46-62.

S.W. Hegerty, “Is Exchange-Market Pressure Contagious Among Transition Economies?” Applied Financial Economics, 21(10), 2011:  707-716.

S.W. Hegerty, “Openness and Capital Flow Volatility: Comparisons Between Transition Economies and Latin America,” Applied Economics Letters, 18, 2011:  1177-1180.

M. Bolhassani, M. Bahmani-Oskooee and S.W. Hegerty, “Industry Trade Between Canada and Mexico: Will a Weakening Peso Help Mexican Manufacturing in the Long Run?” North American Journal of Economics and Finance, 22(2), 2011:  89-101. 

S.W. Hegerty, “Central European Business Cycles: Might Global (and Local) Linkages Dominate Regional Ones?” Eastern European Economics, 48(2), 2010:  56-73.

S.W. Hegerty, “Capital Inflows, Exchange Market Pressure, and Credit Growth in Four Transition Economies With Fixed Exchange Rates,” Economic Systems, 33(2), 2009:  155-167.

M. Bahmani-Oskooee and S.W. Hegerty, “The Effects of Exchange-Rate Volatility on Commodity Trade Between the U.S. and Mexico,” Southern Economic Journal, 75, 2009:  1019-1044.

M. Bahmani-Oskooee, S.W. Hegerty and A. Kutan, “Is PPP Sensitive to Time-Varying Trade Weights in Constructing Real Effective Exchange Rates?” Quarterly Review of Economics and Finance, 49, 2009:  1001-1008.

M. Bahmani-Oskooee, S.W. Hegerty and H. Wilmeth, “Short-Run and Long-Run Determinants of Income Inequality: Evidence from Sixteen Countries,” Journal of Post Keynesian Economics, 30(3), 2008:  463-484.  



Dr. Patricia A. Hutton
, Professor of Economics and Finance

P.A. Hutton,
"Understanding Student Cheating and What Educators Can Do About It,"College Teaching, vol. 54, no. 1, Winter 2006: 171-176.

P.A. Hutton and J.M. Holmes, "
Savings Education: Learning the Value of Self-Control," Education Policy Analysis Archives, vol. 13, no. 28, 2005: 1-19.

J.M. Holmes and P.A. Hutton, "
A Stochastic Monopsony Theory of the Business Cycle" Economic Inquiry, vol. 43, no. 1, January 2005: 206-219.

J.M. Holmes, P.A. Hutton and D.J. Smyth, “
The Monetary Effects of a Consumption Tax,” Pacific Economic Review, vol. 9, no. 1, 2004: 75-79.

P.A. Hutton, “Leaders: Men and Women for Others: An Economic Lesson on Distributive Justice,” Proceedings of Commitment to Justice in Jesuit Higher Education Eastern Regional Conference, 1999.

J.M. Holmes and P.A. Hutton, “Keynesian Involuntary Unemployment and Sticky Nominal Wages,” Economic Journal, November 1996.

J.M. Holmes and P.A. Hutton, “
A New Test of Money-Income Causality,” Journal of Money, Credit, and Banking, vol. 24, 1992: 338-355.

J.M. Holmes and P.A. Hutton, “
A Functional Form Free Test of the R&D/Firm Size Relationship,” Journal of Business and Economic Statistics, October 1991.

J.M. Holmes and P.A. Hutton, “An Application of a New Test for Prima Facie Causality to Livestock Markets,” Canadian Journal of Agricultural Economics, vol. 39, 1991.

J.M. Holmes and P.A. Hutton, “
On the Causality Between Government Expenditures and National Income,” Review of Economics and Statistics, vol. 72, 1990: 87-95.

J.M. Holmes and P.A. Hutton, “
Small Sample Properties of the Multiple Rank F Test with Lagged Dependent Variables,” Economics Letters, vol. 33, 1990: 56-61.

J.M. Holmes and P.A. Hutton, “
Optimal Model Selection when the True Relationship is Weak and Occurs with a Delay,” Economics Letters, vol. 30, 1989: 333-339.

J.M. Holmes and P.A. Hutton, “A Functional Form, Distribution-Free Alternative to Parametric Analysis of Granger Causality Models,” Advances in Econometrics, vol. 7, 1988: 211-225.

P.A. Hutton and G. Palumbo, “
On the Causality of Intraurban Location,” Journal of Urban Economics, vol. 22, May 1987: 1-13.



Dr. Larry Lichtenstein, Associate Professor of Economics and Finance

D. Bosshardt, L. Lichtenstein, G. Palumbo and M. Zaporowski, “Optimization Techniques for College Financial Aid Managers,” Journal of Student Financial Aid, vol. 40, no. 3, 2010:  39-57.

L. Lichtenstein and R. Reiber, “A Simple Analysis of New York State Tort Reform,” Journal of Business & Economics Research, vol. 8, no. 8, August 2010:  59-65.

L. Lichtenstein and M. Zaporowski, "Litigation Explosion: The Unintended Consequences of New York State Tort Reform," The BRC Academy Journal of Business, vol. 1, no. 1, 2010:  161-176.

D. Bosshardt, L. Lichtenstein and M. Zaporowski, “A Model of College Tuition Maximization,” Contemporary Issues in Educational Research, vol. 12, no. 1, First Quarter 2009:  53-74.

D. I. Bosshardt, L. Lichtenstein and M. P. Zaporowski,
"Optimal Tuition Pricing with a Linear Probability Model," Journal of Business and Economic Studies, vol. 14, 1, 2008: 36-44.

D. Bosshardt, L.Lichtenstein and M.P. Zaporowski, "Optimal Tuition with a Linear Probability Model," Proceedings of the Northeast Business and Economics Association Conference, 2006: 40-44

L. Lichtenstein and M. P. Zaporowski, "
The Valuation of Human Capital in New York State Courts," New York Economic Review, vol. 36, Fall 2005: 3-12.

L. Lichtenstein, G. Palumbo and M.P. Zaporowski, eds, Western New York Economic News, vol. 1, 1994.

L. Lichtenstein and G. Palumbo, “
Effects of an Eduction-Oriented Intervention Program on High-Risk Behavior among Intravenous Drug Users and their Sex Partners,” New York Economic Review, vol. 31, Fall 2000: 3-14.

J.G. Eisenhauer, L. Lichtenstein, G. Palumbo and M.P. Zaporowski,  “Secondary Economics and Teacher Training in New York State,” New York Economic Review, vol. 22, Spring 1992: 15-27.

C. Kern and L. Lichtenstein, “
The Cost of Quality in Existing Housing: Estimates from an Implicit Markets Model,” Journal of Urban Economics, 1987.

C. Kern and L. Lichtenstein, “Towards an Implicit Markets Analysis of Rent Control,” Proceedings of a Colloquium on Rent Control, American Association of Assessing Officers, Chicago, 1986. 

Dr. George M. Palumbo, Professor of Economics and Finance

G. M. Palumbo and M. Zaporowski, “Determinants of Municipal Bond Ratings for General Purpose Governments: an Empirical Analysis,” Public Budgeting & Finance,(forthcoming).

D. Bosshardt, L. Lichtenstein, G. M. Palumbo and M. Zaporowski, "Optimization Techniques for College Financial Aid Managers,” Journal of Student Financial Aid, vol. 40, December 2010.

K. List, G. M. Palumbo and M. Zaporowski, “An Empirical Analysis of the Municipal Bond Ratings for General Purpose Governments in New York State,” The BRC Academy  Journal of Business, vol. 1, no. 1, 2010.

G. Palumbo and C. Rogers, "Taxation, Public borrowing and Economic Development: A Metropolitan Area Analysis," Journal of Business and Economics Analysis, vol. 6, no. 9, September 2008.

G. Palumbo, “Using Governments Division Data to Analyze Central City-Suburban Fiscal Disparities: 1975-2005,” abstracted in State and Local Government Statistics at a Crossroads, the National Research Council of The National Academies, National Academies Press 2007.

G. Palumbo, J.P. Renda and R. Shick, “Enhanced Earnings and the Valuation of Closely Held Business: The Special Case of Individuals Whose Abilities Are Not Average,” Family Law Review, Fall 2007.

G. Palumbo, R. Shick and M. Zaporowski, “Factors Affecting a Municipality’s Bond Rating: An Empirical Study,” Journal of Business and Economics Research, vol. 4, no. 11, November 2006.

G. Palumbo and M. Wasylenko, "
The Impact of Aid, Need, and Structure on Fiscal Disparities in Metropolitan America: 2002," National Tax Association Proceedings 2005, November 2006.

G. Palumbo and R.A. Shick, "Asset Valuation: The Special Case of Enhanced Earnings and Businesses that are Distributed as Marital Assets," Proceedings of the Annual Meeting of the National Business and Economics Society, March 2005.

G. Palumbo, J.P. Renda and R.A. Shick, "Biases in the Computation of Enhanced Earnings for Individuals whose Income is Not 'Average' and a Solution," Family Law Review, vol. 37 no. 2, Summer 2005: 11-18.

G. Palumbo and S. Sacks, “
Measuring Fiscal Disparities in American Metropolitan Areas: 1997,” National Tax Association Proceedings, 2002.

G. Palumbo and S. Sacks, "
Urban Public Finance," in US Department of Housing and Urban Development, State of the Cities Data System, 2002.

G. Palumbo and S. Sacks, "School Fiscal Disparities in Metropolitan Areas," (abstract) National Forum on Education Statistics, July 2002.

G. Palumbo and S. Sacks, “The Nexus Between School and Municipal Boundaries: Fiscal Connections,” (abstract) National Forum on Education Statistics, July 2001.

M. Gent, G. Palumbo, C. Rogers and R.A. Wall. “
Understanding the Growth and Viability of Inner City Businesses,” Journal of Developmental Entrepreneurship, 6 (December 2001), 237-254.

L. Lichtenstein and G. Palumbo, “
Effects of an Education-Oriented Intervention Program on High-Risk Behavior among Intravenous Drug Users and their Sex Partners,” New York Economic Review, vol. 31, Fall 2000: 3-14.

G. Palumbo and S. Sacks, "Syracuse and Its Black Community," Syracuse: University College Press, 2000.

J.G. Eisenhauer, L. Lichtenstein, G. Palumbo and M.P. Zaporowski, “Secondary Economics and Teacher Training in New York State,” New York Economic Review, vol. 22, Spring 1992: 15-27.

G. Palumbo, “The Municipal Analyst’s Needs and Comprehensive Data Bases,” in Monitoring Local Governments, edited by T.N. Clark.  Dubuque: Kendall-Hunt, 1990.

G. Palumbo, S. Sacks and M. Wasylenko, “
Population Decentralization within Metropolitan Areas, 1970-1980,” Journal of Urban Economics, vol. 27, no. 2, March 1990: 151-167.

G. Palumbo and S. Sacks, "A Study of Rural Governments in the Municipal Bond Market,"  USDA ERS Report, No. AGES870510, 1987.

G. Palumbo, “
The Report on Federal-State-Local Fiscal Relations: A Review,” Public Budgeting and Finance, 1987.

P.A. Hutton and G. Palumbo, “
On the Causality of Intraurban Location,” Journal of Urban Economics, vol. 22, May 1987: 1-13.

G. Palumbo, R. Ross and S. Sacks, “The Winter of Discontent,” in The Winter City, edited by G. Gappert, Sage Publications, 1987.

G. Palumbo and S. Sacks, "Fiscal Disparities: Central Cities and Suburbs 1981,"  Advisory Commission on Intergovernmental Relations, August 1984.

G. Palumbo, “
City Government Expenditures: A Comment on Sjoquist,” National Tax Journal, 36(2), June 1983: 249-251.

G. Palumbo, “
An Economic Analysis: The Impact of Public Employment Growth,” Growth and Change, 13(1),  January 1982: 37-45.

G. Palumbo, R. Ross and S. Sacks, “The Determinants of Expenditures: A New Approach to the Role of Intergovernmental Grants,” in Cities Under Stress: The Fiscal Crisis of Urban America, Center for Urban Policy Research, Rutgers University, 1981.

G. Palumbo, R. Ross and S. Sacks, "Central City-Suburban Disparity: City Distress, 1970-1977,"  Advisory Commission on Intergovernmental Relations, M-119, Fall 1980.

G. Palumbo, "Trends in Metropolitan America: An  Information Report,"  Advisory Commission on Intergovernmental Relations, February 1977.

G. Palumbo, “The Impact of Public Employment Growth in Metropolitan Areas,” Papers and Proceedings of the New York State Economics Association, 1976.

G. Palumbo, R. Ross and S. Sacks, “Regional Characteristics of Public Employment in Major Metropolitan Areas,” Northeast Regional Science Review, 1975.

G. Palumbo, R. Ross and S. Sacks, “The Size and Regional Determinants of the Distribution of Employment and the Industrial Determinants of the Level of Income in Metropolitan Areas in 1970,” Papers and Proceedings of the New York State Economics Association, 1974.

G. Palumbo, R. Ross and S. Sacks, “Size and Regional Correlates of Income in Metropolitan Areas, 1970,” Northeast Regional Science Review, 1973.



Dr. Philip Pfaff, Professor of Economics and Finance

P. Pfaff, "Financial Modeling,"  Boston: Allyn and Bacon, 1989.

P. Pfaff, “The Normal Distribution in Lotus 1-2-3,” Lotus, December 1989.

P. Pfaff,
Review of Guide to Computer-Assisted Investment Analysis, Journal of Finance, vol. 38, 1983: 275-276.

P. Pfaff, “Modern Portfolio Theory on a Microcomputer,” Journal of Financial Education, vol. 5, Fall 1981: 85-87.

P. Pfaff, “Portfolio Selection using Quadratic Programming on a Microcomputer,” Modeling and Simulation, vol. 12, 1981: 993-998.

P. Pfaff, “Determinants of the Money Stock: The Decomposed Money Multiplier Approach,” Quarterly Review of Economics and Business, vol. 18, no. 3, Fall 1978: 7-13.

P. Pfaff, “
Evaluation of Some Money Stock Forecasting Models,” Journal of Finance, vol. 32, no. 5, December 1977: 1639-1646.

M. Esbitt and P. Pfaff, “Impact of Membership on the Profitability of Chicago Area Banks,” Proceedings of a Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago, 1977: 341-342.

P. Pfaff, “Econometric Forecasting Models versus 1974,” IIT Technology and Human Affairs, vol. 6, no. 2, Summer 1974: 8-10.



Dr. Ronald Reiber, Associate Professor of Economics and Finance

R. Reiber and J. Shatzberg, “
Extreme Negative Information and the Market Adjustment Process: the Case of Corporate Bankruptcy,” Quarterly Journal of Business and Economics, 31(2), Spring 1992: 3-21.



Dr. Craig D. Rogers
, Assistant Professor of Economics and Finance

C. Rogers, "Shifting Spatial Patterns of a Monocentric Metropolitan Area: the Evolution of an Employment Cluster in the Buffalo-Niagara Falls, New York Metropolitan Statistical Area (MSA): 1990-2000," Journal of Business & Economics Research, vol. 5, no. 10, 2007: 73-84

M. Gent, G. Palumbo, C. Rogers and R.A. Wall. “
Understanding the Growth and Viability of Inner City Businesses,” Journal of Developmental Entrepreneurship, 6 (December 2001), 237-254.

S. Molloy and C. Rogers, “Distinctive Competencies of Minority Urban SME,” Proceedings of the Western Decision Sciences Institute Conference, 2001.

S. Molloy and C. Rogers, “Economic vs. Managerial Perspectives on Firm Performance,” Proceedings of the Asian Pacific Decision Sciences Institute, 2002.



Dr. Richard A. Shick, Professor of Economics and Finance

R. R. Reiber and R. A. Shick, “The Mysterious Financing Costs in Auto Leasing,”  Journal of Advances in Business, vol., no. 1, 2010:  84-99.

R. R. Reiber and R. A. Shick, “The Mysterious Financing Costs in Auto Leasing,”  Proceedings of the 2009 Business Research Consortium of Western New York, 58-66.

J. Hojnacki and R. A. Shick, “The Subprime Mortgage Crisis:  What Wasn’t Learned From the Subprime Auto Loan Crisis of the 1990’s,” Proceedings of the 2008 Business Research Consortium of Western New York, 373-390.

G. W. Palumbo, J. P. Renda and R. A. Shick, “Enhanced Earnings and the Valuation of Closely Held Businesses:  The Special Case of Individuals Whose Abilities Are Not Average,” Family Law Review, vol. 39, no. 3, summer/fall 2007:  26-33.

G. W. Palumbo, R. A. Shick and M. Zaporowski, “Factors Affecting a Municipality’s Bond Rating:  An Empirical Study,” Journal of Business and Economics Research, vol. 4, no. 7, November 2006:  37-42.

J. Hojnacki and R. A. Shick, “The Subprime Mortgage Lending Collapse – Should We Have Seen It Coming?,” Journal of Business & Economics Research,  vol. 6, no. 12, 25-36.

J.G. Glynn and R.A. Shick, "MBA Student and Alumni Ratings of Critical Skills in Graduate Business Programs," Journal of College Teaching and Learning, vol. 3, no. 3, March 2006: 15-28.

R.A. Shick and J.G. Glynn, "Comparisons among Assessments of Critical Skills by New MBA Matriculants, Graduating MBAs and MBA Alumni," Proceedings of the 2005 International Business and Economics Research Conference, 2005.

G. Palumbo, R.A. Shick and J.P. Renda, "Biases in the Computation of Enhanced Earnings for Individuals whose Income is Not 'Average' and a Solution," Family Law Review, vol. 37, no. 2, Summer 2005: 11-18.

G. Palumbo and R.A. Shick, "Asset Valuation: The Special Case of Enhanced Earnings and Businesses that are Distributed as Marital Assets," Proceedings of the Annual Meeting of the National Business and Economics Society, March 2005.

J.G. Glynn and R.A. Shick, “Use of a Real World Business Panel to Assist in MBA Program Outcomes Assessment and Curriculum Refinement,” International Business and Economics Research Journal, vol. 2, no. 4, April 2003: 51-62.

R.A. Shick, "Outcomes Assessment with Respect to Curriculum Goals in an MBA Program: Solicitation of Real World Expertise," Proceedings of the International Business and Economics Research Conference, October 2002.

R.A. Shick, "Cost-Benefit Analyses," New York State Energy Report, 1986.

R.A. Shick, "Bank Stock Prices as an Early Warning System for Changes in a Bank's Condition," Journal of Bank Research, vol. 11, no. 3 Autumn 1980: 136-146.

R.A. Shick and J.S. Treischmann, "
Some Further Evidence on the Performance of Property-Liability Insurance Companies Stock Portfolios," Journal of Financial and Quantitative Analysis, vol. 13, no. 1 March 1978: 157-166.

R.A. Shick, "Reply to Nathaniel R. Norton," CLU Journal, July 1978.

W.P. Lloyd and R.A. Shick, "
A Test of Stone's Two-Index Model of Returns" Journal of Financial and Quantitative Analysis, vol. 12, no. 3, September 1977: 363-376.

R.A. Shick and J.S. Treischmann, "A Risk-Return Analysis of Life Insurance Companies' Stock Portfolios," CLU Journal, vol. 31, no. 3, July 1977: 38-46.

M. Hanna and R.A. Shick, "Comment on Original Issue, Deep-Discount Bonds," Harvard Business Review, vol. 54, no. 1, January-February, 1976: 154.

R.A. Shick and J.A. Verbrugge, "Market Structure and Savings and Loan Profitability," Quarterly Review of Economics and Business, vol. 16, no. 2, Summer 1976: 79-90.

R.A. Shick and J.S. Trieschmann, "The Performance of Insurance Company Common Stock Portfolios," Proceedings of the Sothwest Finance Association, 1976.

J.A. Verbrugge, R.A. Shick, and K.J. Thygerson, "
An Analysis of Savings and Loan Profit Performance," Journal of Finance, vol. 31, no. 5, December 1976: 1427-1442.

J.A. Verbrugge, R.A. Shick and K.J. Thygerson, "
The Determinants of Savings and Loan Profitability," Journal of Finance and Quantitative Analysis, vol. 10, no. 4, November 1975: 565.

R.A. Shick, J.A. Verbrugge and K.J. Thygerson, "Profitability: Management Control or Market Coincidence?" Savings and Loan News, vol. 96, no. 7 July 1975: 70-75.

R.A. Shick and J.A. Verbrugge, "A Multivariate Analysis of Bank Price-Earnings Ratios," Journal of Bank Research, vol. 9, no. 2, Summer 1975: 140-149.

J.A. Verbrugge and R.A. Shick, "
A Note on the Determinants of Commerical Bank Price-Earnings Ratios," Journal of Business Research, vol. 3, no. 9, January 1975: 65-70.

R.A. Shick and J.A. Verbrugge, "An Analysis of Bank Price-Earnings Rati Some Preliminary Findings," Proceedings of the Southwest Finance Association, 1974.

R.A. Shick and F.C. Jen, "
Merger Benefits to Shareholders of Acquiring Firms," Financial Management, vol. 3, no. 4, Winter 1974: 45-53.

R.A. Shick, "
The Analysis of Mergers and Acquisitions," Journal of Finance, vol. 27, no. 2, May 1972: 495-502.

R.A. Shick, "Accounting for Foreign Loans," Issues in Bank Regulation, vol. 1, no. 1, summer 1972: 25-26.

F.C. Jen and R.A. Shick, "Optimal Tax Loss Strategy for a Portfolio," Trusts and Estates, vol. 108, no. 9, September 1969: 905-910, 951.

R.A. Shick, R.E. Schlosser, D.F. Arnold and B. Notarius, "An Historical Approach to the Concept of Independence," CPA Review, vol. 34, no. 7, July 1969: 517-527.


Dr. Richard A. Wall, CFA, Professor of Economics and Finance

R. A. Wall, "Measuring the Present Value of Growth Opportunities," Journal of Business & Public Affairs, fall 2007.

R. A. Wall, “Share Repurchases and Stockholder Wealth When Value Fundamentals are Uncertain,” Journal of Financial and Economic Practice, 7, spring 2007:  68-78.

M. Gent, G. Palumbo, C. Rogers and R.A. Wall, “Understanding the Growth and Viability of Inner City Businesses,” Journal of Developmental Entrepreneurship, 6 (December 2001), 237-254.

M. Gort and R.A. Wall, “
Obsolescence, Input Augmentation, and Growth Accounting,” European Economic Review, 42 (December 1998), 1653-1665.

R.A. Wall, “
An Empirical Investigation of the Production Function of the Family Firm,” Journal of Small Business Management, 36 (April 1998), 24-32.

B.H. Bahk, M. Gort and R.A. Wall, "
Decomposing Technical Change: Reply," Southern Economic Journal, 61 (July 1994), 211-212.

B.H. Bahk, M. Gort and R.A. Wall, "
Decomposing Technical Change," Southern Economic Journal, 60 (July 1993), 220-234.

M. Gort and R.A. Wall, "An Empirical Test of Feedbacks in Public Utility Regulation,"  Resources and Energy, 12 (1990),107-116.

R.A. Wall, "
Is the Dual Banking System Compatible with the Holding Company Movement," Bottomline, 6 (Jan. 1989), 13-15.

M. Gort and R.A. Wall, "
Foresight and Public Utility Regulation," Journal of Political Economy, 96 (Feb. 1988), 177-188.

M. Gort and R.A. Wall, "
Financial Markets and the Limits of Regulation," Managerial and Decision Economics, 9 (March 1988), 65-73.

M. Gort and R.A. Wall, "Growth in Demand for Public Utility Service: New Rules and Old Principles," Public Utilities Fortnightly, 121 (Feb. 18, 1988), 11-15.

M. Gort and R.A. Wall, "
The Evolution of Technologies and Investment in Innovation," The Economic Journal, 96 (Sept. 1986), 741-757.

M. Gort and R.A. Wall, "
The Effect of Technical Change on Market Structure," Economic Inquiry, XXII (October 1984), 668-675.



Dr. Mark P. Zaporowski, Chair and Professor of Economics and Finance

G. Palumbo and M.P. Zaporowski, "Determinants of Municipal Bond Ratings for General Purpose Governments:  An Empirical Analysis," Public Budgeting and Finance, forthcoming.

D. Bosshardt, L. Lichtenstein, G. Palumbo and M.P. Zaporowski, "Optimization Techniques for College Financial Aid managers," Journal of Student Financial Aid, vol. 40, no. 3, 2010:  39-57.

L. Lichtenstein and M.P. Zaporowski, "Litigation Explosion:  The Unintended Consequences of New York State Tort Reform," Business Research Consortium Journal of Business, vol. 1, no. 1, 2010:  161-176.

K. List, G. Palumbo and M.P. Zaporowski, "An Empirical Analysis of Municipal Bond Ratings for New York State General Purpose Governments," Business Research Consortium Journal of Business, vol. 1, no. 1, 2010:  65-80.

D.I. Bosshardt, L. Lichtenstein and M.P. Zaporowski, “A Model of College Tuition Maximization,” Contemporary Issues in Educational Research, First Quarter 2009, 53-69.

L. Lichtenstein and M. P. Zaporowski,  “Litigation Explosion: The Unintended Consequences of New York State Tort Reform,” Proceedings of the Business Research Consortium of Western New York 2008, 323-338.

D. I. Bosshardt, L. Lichtenstein, and M. P. Zaporowski,
"Optimal Tuition Pricing with a Linear Probability Model," Journal of Business and Economic Studies, vol. 14, 1, 2008: 36-44.

G. Palumbo, R. Shick and M.P. Zaporowski "Factors Affecting a Municipality's Bond Rating: an Empirical Study," Journal of Economic Research, November 2006: 37-42

D. Bosshardt, L.Lichtenstein, and M.P. Zaporowski, "Optimal Tuition with a Linear Probability Model," Proceedings of the Northeast Business and Economics Association Conference, 2006: 40-44

L. Lichtenstein and M.P. Zaporowski, "
The Valuation of Human Capital in New York State Courts," New York Economic Review, vol 36, Fall 2005: 3-12.

G. Palumbo and M.P. Zaporowski, eds.  Western New York Economic News, vol. 2 – 10, 1998-2008.

G. Palumbo, L. Lichtenstein and M.P. Zaporowski, eds, Western New York Economic News, vol. 1, 1994.

J.G. Eisenhauer and M.P. Zaporowski, “
Cross-Disciplinary Teaching in High School Economics,” Social Education, vol. 58, no. 4, April-May 1994: 226-229.

M.P. Zaporowski, J.G. Eisenhauer, G. Palumbo and L. Lichtenstein, “Secondary Economics and Teacher Training in New York State,” New York Economic Review, vol. 22, Spring 1992: 15-27.

K. Lahiri and M.P. Zaporowski, “Real Interest Rates and the Role of Expectations,” in Current Issues in Monetary Economics, T. Bandyopadhyay and S. Ghatak, eds.  London: Harvester Wheatsheaf Books, 1990: 92-112. 

K. Lahiri, C. Teigland and M.P. Zaporowski, “
Interest Rates and the Subjective Probability Distribution of Inflation Forecasts,” Journal of Money, Credit, and Banking, 1988: 233-248.

K. Lahiri and M.P. Zaporowski, “
A Comparison of Alternative Real Rate Estimates,” Oxford Bulletin of Economics and Statistics, 1988: 303-312.

K. Lahiri and M.P. Zaporowski, “On More Flexible Use of Survey Data on Expectations in Macroeconomic Models,” Journal of Business and Economics Statistics, 1987: 69-76.

K. Lahiri, C. Tiegland, and M.P. Zaporowski, “Inflation Uncertainty and Interest Rates,” Proceedings of the American Statistical Association, 1987: 431-435.

K. Lahiri and M.P. Zaporowski, “On the Equality of Real Interest Rates Across Countries: 1975 Deutsche Mark/Dollar,” Proceedings of the American Statistical Association, 1986: 92-95.

K. Lahiri, T. Kinal and M.P. Zaporowski, “A Model for the Ex-Ante Real Interest Rate,” Proceedings of the American Statistical Association, 1985: 98-102.

K. Lahiri and M.P. Zaporowski, “On the Variability of Real Interest Rates, Business Cycles, and the Livingston Data,” Journal of Banking and Finance, 1984: 483-490.

K. Lahiri and M.P. Zaporowski, “Inflation, Expectations, and Real Interest Rates,” Proceedings of the American Statistical Association, 1984: 473-476.