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Northern Illinois University

Department of Economics

Faculty Publications

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Evan Anderson

  • “The Dynamics of Risk-Sensitive Allocations," Journal of Economic Theory, 2005, v. 125, iss. 2, pp. 93-150. 
  • “Do Heterogeneous Beliefs Matter for Asset Pricing?" Review of Financial Studies, 2005, v. 18, iss. 3, pp. 875-924 (with E. Ghysels and J.L. Juergens). 
  • "A Quartet of Semigroups for Model Specification, Robustness, Prices of Risk, and Model Detection," Journal of the European Economic Association, March 2003, v.1, iss.1, pp. 68-123 (with L.P. Hansen and T.J. Sargent).
  • "Mechanics of Forming and Estimating Dynamic Linear Economies" in the Handbook of Computational Economics (1996), edited by H.M. Amman, D.A. Kendrick, and J. Rust, Elsevier, pp. 171-252 (with L.P. Hansen, E.R. McGrattan, and T.J. Sargent).


Carl Campbell III

  • "An Efficiency Wage Approach to Reconciling the Wage Curve and the Phillips Curve,"  Labour Economics, forthcoming.
  • “A Model of the Determinants of Effort,” published in Economic Modelling (refereed), Vol. 23, March 2006, pp. 215-237.
  • "Can the Fair Wage-Effort Hypothesis Be Interpreted as a Safe Effort Hypothesis?" Economics Letters, vol. 72, August 2001, pp. 241-246 (with E. Katz).
  • "A Model of the Wage Curve." Economics Letters, Vol 59, April 1998, pp. 119-125 (with M. Orszag).
  • "The Reasons for Wage Rigidity: Evidence from a Survey of Firms." (with Kunal Kamlani), Quarterly Journal of Economics, Vol 112, August 1997, pp. 759-789.
  • "The Determinants of Dismissals, Quits, and Layoffs: A Multinomial Logit Approach." Southern Economic Journal, Vol. 63, April 1997, pp. 1066-1073.
  • "The Variation in Wage Rigidity by Occupation and Union Status."Oxford Bulletin of Economics and Statistics, Vol. 59, February 1997, pp. 133-147.
  • "The Effects of State and Industry Economic Conditions on New Firm Entry." Journal of Economics and Business, Vol. 48, May 1996, pp. 167-183.
  • "A Cross-Industry Time-Series Analysis of Quits." Quarterly Review of Economics and Finance, Vol. 35, Spring 1995, pp. 53-72.
  • "The Determinants of Dismissals: Tests of the Shirking Model with Individual Data." Economics Letters, Vol. 46, September 1994, pp. 89-95.
  • "Wage Change and the Quit Behavior of Workers: Implications for Efficiency Wage Theory." Southern Economic Journal, Vol. 61, July 1994, pp. 133-148.
  • "Do Firms Pay Efficiency Wages? Evidence with Data at the Firm Level." Journal of Labor Economics, Vol. 11, July 1993, pp. 442-470.
  • "Tests of Efficiency Wage Theory and Contract Theory with Disaggregated Data from the U.S." Weltwirtschaftliches Archiv, Vol. 127, March 1991, pp. 98-118.
  • Sectoral Wage Rigidity in the Canadian and French Economies." European Economic Review, Vol. 33, December 1989, pp. 1727-1749.

Jeremy Groves

Masayuki Hirukawa

  • "A Modified Nonparametric Prewhitened Covariance Estimator," Journal of Time Series Analysis, Vol. 27, No. 3, May 2006, pp. 441-476.

Neelam Jain


Stephen Karlson

  • "Immigration Amnesties" (with Eliakim Katz) submitted to Applied Economics.
  • "Immigration Policies that Encourage Self-Selection by Legal and Illegal Immigrants" (with Eliakim Katz) submitted to Contemporary Economic Policy.
  • "Do Irreversible Investment Models Make Sense of the Energy Paradox" submitted to Energy Journal.
  • "A Positive Theory of Immigration Amnesties," Economics Letters, Vol. 78, 2003, pp. 231-239 (with E. Katz).
  • "Potential for Steel Industry Energy Intensity Improvements: Electricity Use in Minimills." Contemporary Policy Issues, Vol. 11, No. 3, July 1993, pp. 88-100 (with G.A. Boyd, M. Neifer and M. Ross).
  • "The Impact of Energy Prices on Technology Choice in the Unites States Steel Industry." Energy Journal, Vol. 14, No. 2, 1993, pp. 47-56 (with G.A. Boyd).
  • "The Effect of Fringe Benefits on Employment Fluctuations in U.S. Automobile Manufacturing." Review of Economics and Statistics, Vol. 73, February 1991, pp. 40-49 (with D.J. Smyth).
  • "Competition and Cement Basing Points: F.O.B. Destination, Delivered from Where?" Journal of Regional Science, Vol. 30, February 1990, pp. 75-88.
  • "Adoption of Competing Inventions by U.S. Steel Producers." The Review of Economics and Statistics, Vol. 68, August 1986, pp. 4l5-22.
  • "Multiple-Output Production and Pricing in Electric Utilities." Southern Economic Journal, Vol. 53, July 1986, pp. 73-86.
  • "Spatial Competition with Location-Dependent Costs." Journal of Regional Science, Vol. 25, May 1985, pp. 20l-l4.
  • "Modeling Location and Production: An Application to U.S. Fully Integrated Steel Plants." The Review of Economics and Statistics, Vol. 65, February 1983, pp. 4l-50.
  • "The Electric Power Industry: An Econometric Model of Intertemporal Behavior." Land Economics, Vol. 56, August 1980, pp. 299-3l4 (with F.M. Gollop).
  • "The Impact of the Fuel Adjustment Mechanism on Economic Efficiency." The Review of Economics and Statistics, Vol. 60, November 1978, pp. 574-84 (with F.M. Gollop).


Eliakim Katz

  • "An Economic Theory of Volunteering," forthcoming, European Review of Political Economy, (with J. Rosenberg).
  • "On Human Capital Formation with Exit Options," 2005, Journal of Population Economics, 18:267-274 (with H. Rapoport).
  • "Property Rights, Theft, Amnesty and Efficiency," 2003, European Journal of Law and Economics (with J. Rosenberg).
  • "A Positive Theory of Immigration Amnesties," Economics Letters, Vol. 78, 2003, pp. 231-239 (with S. Karlson).
  • "Managing the Risk of Relative Price Changes by Splitting Index Linked Bonds," Journal of Risk, 2001 (with A. Aziz and E. Prisman).
  • "An Alternative Interpretation of the Fair Wage Hypothesis," Economics Letters, 2001, (with Carl Campbell).
  • "Corporate Taxation, Incumbency Advantage and Entry," European Economic Review, 1996, (with Elie Appelbaum).
  • "Wage Secrecy as a Social Convention," Economic Inquiry, 1996, (with L. Danziger).
  • "Negative Intergroup Externalities and Market Demand," Economica, 1996, (with U. Spiegel).
  • "A Theory of Sex Discrimination," 1996, Journal of Economic Behavior and Organization, (with L. Danziger).
  • "Arbitrage, Clientele Effects and the Term Structure of Interest Rates," Journal of Financial and Quantitative Analysis," 1991, (with E. Z. Prisman), 435-443.
  • "Investment in General Training: The Role of Information and Labour Mobility," Economic Journal, 1990, (with A. Ziderman), 1147-1158.
  • "Rent Seeking Versus Flexibility," Public Choice, 1990, (with J.B. Smith), 67-77.
  • "International Migration in the Presence of Asymmetric Information," Economic Journal, 1987, (with O. Stark).
  • "Hierarchical Structure and the Social Costs of Bribes and Transfers," Journal of Public Economics, 1987, (with A.L. Hillman).
  • "Seeking Rents by Setting Rents: The Political Economy of Rent Seeking," Economic Journal, 1987, (with E. Appelbaum), 685-699.
  • "Measures of Risk Aversion and Comparative Statics of Industry Equilibria," American Economic Review, 1986, (with E. Appelbaum).
  • "Rural to Urban Migration in LDCs in the Presence of Risk Aversion," Journal of Labor Economics, 1986, (with O. Stark).
  • "Risk Averse Rent Seekers and the Social Cost of Monopoly Power," Economic Journal, March 1984, (with A.L. Hillman).
  • "A Rule for Signing the Effect of Uncertainty on an Optimization Problem with Two Control Variables," Journal of Economic Dynamics and Control, 1984
  • "The Firm and Price Hedging in an Imperfect Market," International Economic Review, February 1984.
  • "Price Uncertainty and the Price Discriminating Firm in International Trade," International Economic Review, June 1983, (with J. Paroush and N. Kahana).
  • "Inflation Variability, Real Wage Variability and Production Efficiency," Economica, November 1983, (with Rosenberg).
  • "Market Constraints as a Rationale for the Friedman-Savage Utility Function," Journal Of Political Economy, August 1981, (with E. Appelbaum).
  • "A Note on a Comparative Statics Theorem for Choice Under Risk," Journal of Economic Theory, October 1981.
  • "Money, Saving and Portfolio Choice Under Uncertainty," American Economic Review, June 1978, (with A.H. Vanags).
  • "Interest Rates, Expectations and Exchange Rate Stability," Economic Journal, June 1975.

 Mohammad Reza Mirhosseini

  • "Populism, Redistribution and Investment", 2006 (Research Paper)

Khan Mohabbat

  • "The Inflaltion and Output-Gap Tradeoff Debate Revisited," with M. Ashraf, Journal of Economics, Vol. XXXII, No. 2, 2006, pp. 71-90.
  • “The Phillips Curve Debate:  Evidence from two-digit Industry-Level Data,” Journal of Business and Behavioral Sciences, Fall 2003 (with M. Ashraf).
  • “Ricardian Equivalence:  Evidence from South American Countries,” International Business and Economic Research Journal, March 2003 (with M. Ashraf).
  • “A Panel Data Analysis of the Lucas Hypothesis,” Journal of Business and Economic Research, Feb. 2003 (with M. Ashraf).
  • "The Relation Between Real Cash Balances and Physical Inputs in South Korea’s Manufacturing Sector." World Development, 1991 (with K. Yuhn).
  • "The Effects on Output of Anticipated and Unanticipated Money Growth: A Case Study of an Oil Producing Country." Applied Economics, September 1991 (with A. Al-Saji).
  • "The Productivity of Money: Some Empirical Evidence From Italy." Rivista Internazionale di Scienze Economiche e Commerciali, 1988.
  • "The Stability of Production Function and the Marginal Productivity of Inputs: An Empirical Study." Journal of Macroeconomics, Vol. 3, No. 2, Spring 1981.
  • "Consumer Horizon: Reconsidered." Journal of Political Economy, August 1978 (with E. Simos).
  • "Consumer Horizon: Further Evidence." Journal of Political Economy, August 1977 (with E. Simos).
  • "The Permanent Income Hypothesis: Evidence from Time-Series Data." The American Economic Review, September 1972 (with P. Laumas).
  • Economic Fluctuations and Growth -- Notes on Testing the Smithies Model." Oxford Economics Papers, March 1965.


Stephen Nord

  • "Regional Skill Structure and the Diffusion of Technology," Atlantic Economic Journal, March 2005, Volume 33, No. 1, pp. 115-131 (with J. Mullen and M. Williams).
  • "Sectoral Productivity and The Distribution of Wages," Industrial Relations, April 1999, Vol. 38, No. 2, pp. 215-230.
  • "Discrimination and Unemployment Durations of White and Black Males." Applied Economics, October 1994, Vol. 45, No. 4 (with Y. Ting).
  • "Service Industries and the Working Poor in Major Metropolitan Areas in the United States." Sources of Metropolitan Growth and Development, (Edwin Mills and John F. McDonald, editors), New Brunswick, N.J.: Center for Urban Policy Research, 1993 (with R. G. Sheets).
  • "The Impact of Advance Notice: A Rejoinder." Industrial and Labor Relations Review, Vol. 45, No. 4, July 1992, pp. 674-682 (with Y. Ting).
  • "The Impact of Advance Notice of Plant Closings on Earnings and the Probability of Unemployment." Industrial and Labor Relations Review, Vol. 44, No. 4, July 1991, pp. 681-691 (with Y. Ting).
  • "Service Industries, Two-Working Spouse Families, and the Distribution of Earnings in Metropolitan Areas." Review of Economics and Statistics, Vol. 62, No. 4, November 1990, pp. 692-696.
  • "The Relationship Between Labor Force Participation, Service Sector Employment and Underemployment." Journal of Regional Science, Vol. 29, No. 3, August 1989, pp. 407-421 (with R. G. Sheets).
  • The Impact of Service Industries on Underemployment in Metropolitan Economics, Lexington, Massachusetts: Lexington Books, D. C. Heath and Company, 1987 (with R. G. Sheets and J. J. Phelps).
  • "Urban Income Distribution and the Urban Hierarchy-Equality Hypotheses: A Comment." Review of Economics and Statistics, August 1982, Vol. 64, No. 3, pp. 537-540.
  • "Income Inequality and City Size: An Examination of Alternative Hypotheses for Large and Small Cities." Review of Economic and Statistics, November 1980, Vol. 62, No. 4., pp. 502-508.
  • "An Empirical Analysis of Income Inequality and City Size." Southern Economic Journal, January 1980, Vol. 46, No. 3, pp. 863-872.


Susan Porter-Hudak

  • "Regional Welfare Loss Measures of the 1973 Oil Embargo: A Numerical Methods Approach Economic welfare: Concepts and measurement." Vol. 2, 1999, pp. 451-61 in Elgar Reference Collection. International Library of Critical Writings in Economics, vol. 107. Cheltenham, U.K. and Northampton, Mass.: Elgar. (with K. Hayes).
  • "Preferences for State Tax and Spending Policies: Evidence from Survey Data on the Role of Income" Economics and Politics, Vol. 7, No. 1, March 1995, pp. 43-58 (with J. Temple).
  • "The Estimation and Application of Long Memory Time Series Models: Time series." Vol. 1, 1994, pp. 100-117 in Elgar Reference Collection. International Library of Critical Writings in Econometrics, vol. 5. Aldershot, U.K.: Elgar; distributed in the U.S. by Ashgate, Brookfield, Vt., (with J. Geweke).
  • "A New Approach in Analyzing the Effect of Deficit Announcements on Interest Rates." Journal of Money, Credit, and Banking, Vol. 26, No. 4, November 1994,:pp. 894-902 (with M. Quigley).
  • "A Numerical Methods Approach to Calculating Cost-of-Living Indices." Journal of Econometrics, Vol. 50, No. 1-2, October-November 1991, pp. 91-105 (with K. Hayes).
  • "An Application of the Seasonal Fractionally Differenced Model to the Monetary Aggregates." Journal of the American Statistical Association, Vol. 85, June 1990, pp. 338-44.
  • "Pension Funding and Local Labor Costs: A Dynamic Analysis of Illinois Police Pension Funds." Southern Economic Journal, Vol. 54, No. 3, January 1988, pp. 572-82 (with S. Grosskopf and K. Hayes).
  • "Monetization, Economic Development and the Exogeneity of Money."Journal of Development Economics, Vol. 21, No. 1, April 1986, pp. 25-34 (with P. Laumas).
  • The Statistical Precision of a Numerical methods Estimator as Applied to Welfare Loss." Economic Letters, Vol 20, No. 3, 1986 (with K. Hayes).


George Slotsve

  • "Estimates of the Contribution of Diagnostic Blood Loss to Anemia in Critical Care Patients: An Objective Mathematical Model to Predict the Influence of Repetitive Phlebotomy."
  • "Employer-Sponsored Training by Firm Size." April 2004, Under submission at Perspectives on Labour and Income. (with R. P. Chaykowski).
  • "Along the New Keynesian Phillips Curve with Nominal and Real Rigidities" April 2004. Under submission at JEDC. (with J. M. Nason). 
  • "Inequality and Polarization of Male Earnings in the United States, 1968-1990." North American Journal of Economics and Finance, Vol. 8, No. 2, 1997, pp. 135-151 (with C.M. Beach and R.P. Chaykowski).
  • "A Distributional Analysis of Changes in Earnings Inequality Among Unionized and Nonunionized Male Workers in the United States: 1982-1990." Canadian Journal of Economics, Vol. XXIX, Special Issue, April 1996, pp. S109-S113 (with R.P. Chaykowski).
  • "Are We Becoming Two Societies?: Income Polarization and the Myth of the Declining Middle Class in Canada." The Social Policy Challenge 12, C.D. Howe Institute, Toronto, March 1996, 190 pp. (with C.M. Beach).
  • "Statistical Inference for Decile Means." Economics Letters, 45, 1994, pp. 161-167 (with C.M. Beach, K.V. Chow and J.P. Formby).
  • "Polarization of Earnings in the Canadian Labour Market." In Stabilization, Growth and Distribution: Linkages in the Knowledge Era, Bell Canada Papers on Economic and Public Policy, Vol. 2, ed. T.J. Courchene, (John Deutsch Institute, Queen's University), 1994, pp.299-347 (with C.M. Beach).
  • "Time-Varying Technological Uncertainty and Asset Prices." Canadian Journal of Economics, Vol. XXVI, No. 2, May 1993, pp.392-415 (with K.D. Salyer).
  • "A Simultaneous Analysis of Grievance Activity and Outcome Decisions." Industrial and Labor Relations Review, Vol.45, No. 4, July 1992, pp.724-737 (with R.P. Chaykowski and J.S. Butler).
  • Will That Be Pick-up or Delivery?: An Alternative Spatial Pricing Strategy." Bell Journal of Economics, Vol. 14(1), Spring 1983, pp. 271-274 (with W.J. Furlong).

Virginia Wilcox-Gök

  • "Do the Sick Retire Early? Chronic Poor Health Asset Accumulation, and Early Retirement."  Miah & Wilcox-Gok.  Applied Economics 29(15), 2007, 1921-36.
  • "Poor Health, Asset Accumulation, and Retirement Behavior Among Older Workers," forthcoming in Applied Economics (with M.S. Miah).
  • “Early Onset Depression and High School Dropout,” in The Economics of Gender and Mental Illness (Research in Human Capital and Development, Volume 15).  D.E.Marcotte and V.Wilcox-Gök, eds.  (Amsterdam: Elsevier Science, 2004) (with D.E.Marcotte, F.Farahati, and C.Borkowski).
  • “Estimating Earnings Losses Due to Mental Illness: A Quantile Regression Approach.” Journal of Mental Health Policy and Economics 6(3), 2003, 123-134 (with D.E.Marcotte). 
  • "The Effects of Parents' Psychiatric Disorders on Children's High School Dropout." Economics of Education Review, 22(2), 2003 (with F.Farahati and D.E.Marcotte).
  • "The Economic Performance of For-Profit and Not-for-Profit Hospitals." Applied Economics, 34, 2002, 479-489.
  • "Estimating the Indirect Costs of Mental Illness: Recent Developments in the United States." Social Science & Medicine, Vol. 53, No. 1, 2001, pp. 21-27 (with D.E. Marcotte).
  • "Prevalence and Patterns of Major Depressive Disorder in the Labor Force." Journal of Mental Health Policy and Economics, Vol. 2, 2000, pp. 123-131 (with D.E.Marcotte and P.Redmon).
  • "The Labor Market Effects of Mental Illness: The Case of Affective Disorders." The Economics of Disability, D. Salkever, ed. (Greenwich, CT: JAI Press, 2000) (with D.E.Marcotte).
  • "Health Service Utilization and Insurance Coverage: A Multivariate Probit Analysis." Journal of the American Statistical Association, Vol. 93, No. 441, 1998, pp. 63-72 (with R.D.Gibbons).
  • "Choice of Health Insurance by Families of the Mentally Ill." Health Economics, 5(1), 1996, 61-76, (with P.Deb, A.Holmes, and J.Rubin).
  • "Health Insurance Coverage Among the Elderly." Social Science & Medicine, 38(11), 1994, 1521-1529.
  • "Supplemental Health Insurance and the Use of Medical Care by Mentally Ill Medicare Recipients" Economics and Mental Health, R. Frank and W. Manning, editors (Baltimore: Johns Hopkins University Press, 1992), 218-239 (with J.Rubin and P.Deb).
  • "Health Insurance Coverage Among Disabled Medicare Enrollees." Health Care Financing Review, 12(4), July 1991, 27-37 (with J.Rubin).
  • "Mother's Education, Health Practices, and Children's Health Needs: A Variance Components Model." Review of Economics and Statistics, Vol. LXVII, No. 4, December 1985, pp. 706-710.
  • Family Background and Child Health: An Application of Sibling and Adoption Data." Review of Economics and Statistics, LXV(2), May 1983, pp. 266-273.