CURRICULUM VITAE

A. Joyce Furfero, Ph.D., J.D.
Associate Professor of Economics and Finance
Tobin College of Business
St. John's University
8000 Utopia Parkway
Jamaica, New York 11439
Bent Hall 317
Tel: (718) 990-7350
Fax: (718) 990-1868
furferoa@stjohns.edu
drfurfero@drfurfero.com
top    EDUCATIONAL BACKGROUND

Pace University School of Law, J.D., 1996, admitted in New York,
          Second Circuit, and United States Supreme Court
    Corporate Law, Banking Law, Securities Law, Antitrust Law, Contract Law,
    Negotiable Instruments Law, Letter of Credit Law, Commercial Transactions,
    Federal Income Tax Law, Real Estate Law, Administrative Law, Municipal Law,
    Negotiations

    Law Review: Some Legal Issues Concerning the Use of Derivatives
                            by Municipalities and their Authorities
Rutgers University, Ph.D., 1980
    Monetary Theory (Financial Economics), International Trade and Finance,
    Growth and Development

    Dissertation: A Comparison of Fluctuations in Economic Activity: Planned
                           and Market Economies, 1950-1977.
Pace University, Economics, M.A. with Distinction, 1976
    Masters Thesis: Monetary Policy and Debt Management Relationships
                                and Their Impact on the General Price Level.
Pace College, Economics, B.A., 1972

Additional Education and Training

Insurance Licensing Courses, IDS Financial Corp., 1986

Series 7 and 63 Licensing Courses, IDS Financial Corp., 1986

Basic Floor Trading, New York Futures Exchange, New York, NY, 12-20 Oct 1982

Floor Trader's Night, New York Futures Exchange, New York, NY, 5 Oct 1982

Basic Accounting, Chase Manhattan Bank, 1970

top    TEACHING EXPERIENCE

Full-time Teaching Experience
1985-present   Associate Professor, Department of Economics and Finance,
  St. John's University, Jamaica, NY
1980-1985   Assistant Professor, Department of Economics and Finance,
  St. John's University, Jamaica, NY
1978-1980   Instructor, Department of Economics,
  St. Peter's College, Jersey City, NJ

Part-time Teaching Experience
1974-1979   Lecturer, Department of Economics,
  Pace University, New York, NY
1978-1978   Adjunct Instructor, Department of Economics,
  Seton Hall University, East Orange, NJ
1977-1978   Adjunct Instructor, Department of Economics,
  University College of Rutgers University, Newark, NJ
1975-1977   Teaching Assistant, Department of Economics,
  Douglass College, New Brunswick, NJ
1974-1975   Teaching Assistant, Department of Economics,
  Pace University, New York, NY

top    COURSES TAUGHT

Graduate Courses

New York Campuses
ECO 506   Economics for Management (formerly, ECO 150)
ECO 600   Managerial Economics and Forecasting (formerly, ECO 200)
ECO 605   International Trade and Investment (formerly, ECO 205)
ECO 613   Business Cycles and Forecasting (formerly, ECO 213)
ECO 621   National Income and Income Determination (formerly, ECO 221)
ECO 631   Monetary and Fiscal Policies (formerly, ECO 231)
ECO 637   Public Finance (formerly, ECO 237)
FIN 507     Managerial Finance (formerly, FIN 151)
FIN 633     Corporate Financial Management (formerly, FIN 233)
FIN 635     Capital and Money Markets (formerly, FIN 235)

Rome Campus
Foundations of Economics and Finance

Online
ECO 600     Managerial Economics and Forecasting (formerly, ECO 200)
ECO 631     Monetary and Fiscal Policies (formerly, ECO 231)

Undergraduate Courses

ECO 1301   Principles of Macroeconomics
ECO 1302   Principles of Microeconomics
ECO 2309   Money and Banking
ECO 2327   Development of American Business
ECO 3313   Public Finance
ECO 3323   State and Local Government Finance
ECO 3343   Intermediate Microeconomics
ECO 3346   Economic Growth and Development
ECO 4340   Managerial Economics
ECO 4350   Economic Seminar
FIN 3310     Corporate Financial Management (pre-2000)
FIN 3310     Foundations of Finance (post-2000)
FIN 3312     Investments
FIN 3315     Commercial Banking

Online
ECO 1302   Principles of Microeconomics
ECO 2309   Money and Banking

top    PROFESSIONAL EXPERIENCE

1998-present   Editorial Review Board, Journal of International Business and Technology
    Review and revise manuscripts for publication.
1998-present   Attorney at law, sole practitioner (part-time)
    General civil litigation; contract, corporate, and commercial law; employment and discrimination law; insurance law; family law; real property transactions; contract negotiations and drafting; wills, trusts, and probate; estate and income tax return preparation.
1998-2005   Attorney at law, Of Counsel, Winston & Winston, Scarsdale, NY (relocated from Rye, NY in 2001; retired to Arizona in 2005)
    General civil litigation; contract and commercial law; insurance law; real property law; probate law; wills; trusts and estates; estate and income tax return preparation; corporate dissolutions; and capital valuations.
1996-1998   Attorney at law, Associate (part-time), Winston & Winston, Rye, NY
    General civil litigation; contract and commercial law; ERISA; insurance law; securities law; real property transactions; family law; wills; trusts and estates; estate planning; preparation of estate tax and income tax returns; corporate dissolutions; and capital valuations.
1990-1996   Paralegal (part-time), Winston & Winston, Rye, NY.
    Researched and wrote Memoranda of Law for Appellate Divisions and Briefs for trial courts. Drafted pleadings, affidavits, interrogatories, and questions for depositions. Prepared, drafted, and executed numerous documents for pro bono work for Westchester County Supreme Court in connection with divorces for social welfare recipients. Negotiated, drafted, and executed a complicated stipulation in a commercial landlord-tenant proceeding.
1983-present   Economics and Financial Consultant (part-time, self-employed) http://www.kellysearch.com/us-product-33079.html
    Small Business Consultant Evaluate expected profitability for new ventures. Advise on financial and tax matters relating to sub-chapter S and LLC incorporations and sole proprietorships. Calculate capitalization values on dissolution.

    Personal Financial Consultant Analyze household budgets and construct plans for individuals and families to obtain desired financial goals and stability.

    Compensation Analyst Analyze and compute damages for lost wages and other opportunity costs in wrongful death and severe personal injury cases.
1988-1990   Book Reviewer (part-time), Dryden Press, Hinsdale, Il.
    Financial Institutions, Markets, and Money, 4th ed. David S. Kidwell and Richard L. Peterson. Dryden Press, Hinsdale, Ill., 1990, 705 pages.
1988-1988   Educational Director (part-time), Tefft Business School, White Plains, NY.
    Designed and conducted "business- and career-oriented" workshops for classroom and conference presentations. Expanded high school recruitment program.
1987-1988   Regional Marketing Director (part-time), Career Blazers, White Plains, NY.
    Designed and conducted "business- and career-oriented" workshops for classroom and conference presentations. Expanded high school recruitment program.
1980-1984   Options Trading Specialist (part-time, self-employed)
    Extensive knowledge of financial markets, institutions, and instruments. Researched, designed, and executed stock options and index futures trading strategies to maximize returns and minimize risks on investment portfolios. Hands-on experience with online electronic "quote" terminal in my home office. Traded daily for my own account.
1968-1971   Senior Computer Programmer/Systems Analyst (full-time), Chase Manhattan Bank, New York, NY.
    General knowledge of commercial and savings bank operations and procedures, financial statement analysis, reconciliation, mortgage and commercial lending, credit analysis, gap management, risk management, interest rate and currency futures and swaps, strips and NIFs, securitization of loans, CMOs, banking regulation, surveillance, etc.

    Project Leader for 3-member systems programming team. Complete knowledge of systems for multi-billion dollar demand deposit and savings-type deposit operations.
1967-1968   Bank Supervisor (full-time), Manhattan Savings Bank, New York, NY.
    Managed all cage activities, including control of vault cash, lending, reconciliation, and writing and filing major bank and regulatory reports. Supervised of 15 tellers.
top    PUBLICATIONS

Websites

http://www.drfurfero.com (redesigned June 2000, installed January 1998; formerly http://members.aol.com/momma440, installed August 1997) This website was totally redesigned into a frame format to make it more user friendly, more compatible with the different operating system platforms and browsers, and easier to view. Since its inception in August 1997, the website has housed readings and all course materials for my St. John's courses. The website now includes two textbooks, Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, 11th ed. (2004) and Financing the Economy, 2nd ed. (2004), as well as several articles. In 2002, Financing the Economy was also designed as a series of modules that can be found in the Assignments pages for ECO 2309 Money and Banking: http://www.drfurfero.com/courses/2309/frames/framea.html. Students are hyperlinked from the website to relevant readings and databases at other websites. Each course has its own Discussion Forum and Chatroom. The website is registered with all major search engines and may be accessed by searching on general economic and finance terms or the author's name. It is also listed in "Economists with Web Pages," The World Bank Group, at http://www1.worldbank.org/wbiep/economists.html#F, and "ARGMAX" at http://www.argmax.com/ewwp_search.php. The Money and Banking course and the Monetary and Fiscal Policies course are registered with "World Lecture Hall," University of Texas, at http://www.utexas.edu/world/lecture/. Other websites linking to the site include "Longwaves in Socioeconomic Growth and Development," Jim Corredine, at http://www.homestead.com/longwaves/, "Money, Financial Markets, and the Economy," Dr. Robert Riley, Associate Professor, Department of Economics, University of St. Thomas, http://milkweed.econ.stthomas.edu/%7Erjriley/econ335.html, and Al Brenner, Department of Business & Economics Al's Free University, at http://alseye.com/freeu/fubusiness.htm. This site is under constant construction as need requires and as additional courses, books, articles, and hyperlinks are added.

Books

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, 12th ed. (2010). Published at http://www.drfurfero.com/books/mandf/ch00.html. The book was originally published in hard copy in 1987 and was first installed on the website in 1998. The book recites the nuts and bolts of materials that the graduate MBA students need to know to analyze macroeconomic problems in ECO 631: Monetary and Fiscal Policies. The economic and financial academic and professional backgrounds of the students in this course vary significantly from virtually no knowledge to substantial knowledge. No quality textbook currently exists. This book levels the playing field for all of the students in the course and sets the stage for an in depth analysis of contemporary macroeconomic problems during classroom discussions. It also includes a new methodology for analyzing macroeconomic problems and their policy solutions. The book is currently complete with 21 chapters (over 1,000 printed pages). Each chapter contains hyperlinks to many online scholarly articles and electronic databases. The book is continually updated as new articles and materials become available. As time and resources permit, selected contemporary problems will be written and appended to the principal text. In summer 2010, it was updated to include analyses of the 2007-2010 economic and financial crises, explanations of the Federal Reserve's new monetary tools (the credit, liquidity, and swap facilities) (chapters 3 and 11), new diagrams for the federal funds market showing the discount rate above and below the federal funds rate, the new liquidity facilities, and interest payments on reserves (chapter 11), the Bush and Obama stimulation packages and their effectiveness (chapter 3), clearer delineations of the assumptions and logic of Say's Law and the Quantity Theory of Money and all new summaries of post-WW II monetary and fiscal policies from 1946 to 1979 [to be continued] (chapter 3), a new table and better explanations of the differences between the assumptions of the Keynesian School and the assumptions of the Monetarist Schools (chapter 1), the Anxious Index (chapter 8), updated data charts throughout.

Financing the Economy, 3rd ed. (2011). Published at http://www.drfurfero.com/books/2309book/book.html. The book was previously published on this website as Money, Banking, and the Economy (1998) and updated as Financing the Economy in 2001 and 2004. The book has also been redesigned into a series of modules that can be found in the Assignments pages for the ECO 2309 Money and Banking course: http://www.drfurfero.com/courses/2309/frames/framea.html. The book and the modules are the author's version of how money, commercial banks, other financial institutions, and the Federal Reserve interact with the real economic sectors to provide an efficient flow of funds for production, employment, and income. The book is currently complete with 15 chapters (approximately 700 printed pages). Each chapter contains hyperlinks to many online scholarly articles and electronic databases. The book is continually updated as new articles and materials become available. As time and resources permit, selected contemporary problems will be written and appended to the principal text.

Macroeconomic Policies Around the World (projected 2004). To be published at http://www.drfurfero.com. The book is an anthology of case studies of foreign countries' macroeconomic problems and policies designed to serve as a case studies book for a course in International Monetary and Fiscal Policies or simply as a readings book for the Monetary and Fiscal Policies course. The book systematizes macroeconomic goals and institutions in different countries for a comparative analysis of the countries' macroeconomic policies and their effectiveness. I have developed a new methodology for identifying the appropriate fiscal and financial linkages for successful implementation of monetary and fiscal policies. Each case study compares the country's actual fiscal and financial linkages to the referent model, extracts the country's strengths and weaknesses, makes proposals for improvements for the successful implementation of monetary and fiscal policies, and suggests alternative macroeconomic policies for cases in which the linkages are too weak to support contemporary monetary and fiscal policies. The book is in the initial stages of compilation, the methodology is structured, the theoretical concepts and standards for comparisons developed, and six (6) case studies have been written on Guyana, Hong Kong, Jamaica, Singapore, Taiwan, and Trinidad and Tobago. The case of Bangladesh is under construction. When finished, the book is estimated to have 30 chapters (approximately 600 printed pages).

Book Chapters

Financial System Reforms for Economic Stabilization in the Caribbean Countries: Jamaica, Caribbean and Latin American Economic Development, ed. by Stanley J. Lawson and Charles H. Little, St. John's University, 1995, 199-210

Refereed/Peer-Reviewed Articles

Pozen Committee Update: Conceptual Approaches and Future Considerations, Journal of Bank Accounting & Finance, Aug/Sep 2008, co-authors: M. E. Ellis and Adrian P. Fitzsimons, http://www.bankaccountingandfinance.com/RecentIssues.htm#August2008

Pozen Committee Update: Improvements to Financial Reporting, Journal of Bank Accounting & Finance, Jun/Jul 2008, co-authors: M. E. Ellis and Adrian P. Fitzsimons, http://www.bankaccountingandfinance.com/RecentIssues.htm#June2008

On Current 'State of the Arts' Trading and Efficient Markets, Journal of Business, Manhattan College, 13(1) Winter 1985, 8-14 (to be reprinted at http://www.drfurfero.com/articles/art04/art04.html)

The Long Wave Revisited: The Case for a Supply Management Program for Economic Revitalization, New York Economic Review, XIV 1984, 42-49

The Long Wave, Metropolitan Purchaser, 12(8) August 1983, 16-17

Online Articles

Everything You Ever Wanted To Know About Antitrust Laws But Were Afraid To Ask!!! 28 Jan 2002, rev'd 28 Apr 2009 http://www.drfurfero.com/articles/art10/art10.html

The Necessary and Proper Clause: National Bank Charters, 3 Jul 2004 http://www.drfurfero.com/articles/art09/art09.html

Is the Phillips Curve Dead? The Dismal Scientist, 2 Mar 1999 http://www.dismalscientist.com/dqs/dq030299.stm, reproduced at http://www.drfurfero.com/articles/art07/art07.html

Why Economists Have Two Hands, 1998 http://www.drfurfero.com/articles/art02/art02.html

Seven Good Reasons for Retaining the Narrow Definition of Good Faith in Letter of Credit Law: The Case of Wrongful Dishonor, 15 Dec 1995 http://www.drfurfero.com/articles/art03/art03.html

It Can't Happen Again, 1987 http://www.drfurfero.com/articles/art01/art01.html

The New Deal, Jun 1983 http://www.drfurfero.com/articles/art05/art05.html

Invited Papers

The Long Wave: An Unorthodox Methodology for Economic Forecasting, Review of Business, St. John's University, 5(3) Winter 1983, 10-15

Book Reviews

Macroeconomic Issues and Policies: The Case of Bangladesh, Akhtar Hossain, Sage Publications, New Delhi, India: 1996, 310 pages, in Journal of Comparative Economic Studies, XXXX(1), Spring 1998 http://www.allbusiness.com/government/675414-1.html

Bastard Keynesianism: The Evolution of Economic Thinking and Policymaking since World War II, Lynn Turgeon, Greenwood Press, Westport, CT, 1996. 149 pages, for Review of Business, St. John's University

Joan Robinson — A Bio-Bibliography, James Cicarelli and Julianne Cicarelli, Greenwood Press, Westport, CT, 1996, 164 pages, for Review of Business, St. John's University

The Long Wave, Nikolai Kondratieff, translated by Guy Daniels, Introduction by Julian M. Snyder, Richardson and Snyder, New York, 1984, 138 pages, for Review of Business, St. John's University

Proceedings

Financial System Reforms for Economic Stabilization in the Caribbean Countries: Jamaica, Proceedings of the Eighth International Congress of the North American Economic and Finance Association, Conference Volume, Charles H. Little and Stanley J. Lawson, eds., Montego Bay, Jamaica. 6-8 August, 1993, Addendum

Abstracts

Judicial Review and the Economic Process: A Long Wave Approach, Atlantic Economic Journal, XIII(1), March 1985, 62

The Impact of Economic Organization on Income Distribution, Atlantic Economic Journal, XIII(1), March 1985, 63-64

Online Publications Citations

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, in General Policy Questions Need Specific Policy Effectiveness Indicators: An Example for Emission Reduction Targets, Tinus Pulles and Toon van Harmelen, Journal of Integrative Environmental Sciences, 1:4, 351Ñ367 (2004), online article, 02 Feb 2010

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, in "Deconstructing the 'European Unemployment Dilemma': A Case Study in the Manipulation of Statistics and Conceptual Models in the Discourse of 'Eurosclerosis'," James Paterson, Radical Statistics: Issue 88, 2005, pp. 40, 52 http://www.radstats.org.uk/no088/Paterson88.pdf

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, in "Franco Modigliani, James Tobin and the Neo-Keynesian Synthesis," The History of Economic Thought Website, New School for Social Research. http://homepage.newschool.edu/~het/

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 3: Historical Background of Macroeconomic Policies in the United States, in "Teaching & Learning Center: Economics & Business," K-12 TLC. http://www.k12tlc.org/economic.htm

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 5: Policy Goals: Maximum Production, in "Business Cycles," Beartopia's Wall Street Mutiny. http://www.beartopia.net/beartopia/trivia_cycles.shtml

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 20: The Long Wave, on "Long-Wave Theories of Development," Gunter Krumme, University of Washington, Seattle. http://faculty.washington.edu/krumme/207/development/longwaves.html

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 20: The Long Wave, in "Long Wave History," The Long Wave Center. http://www.geocities.com/deuxsous/LWHist.html

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 20: The Long Wave, in "History and Social Change," SocioSite, Albert Benschop, Sociology Department, University of Amsterdam. http://www.sociosite.net/topics/history.php

Macroeconomic Stabilization Policies: Goals, Institutions, and Theories, Chapter 20: The Long Wave, on "Nikolai Kondratieff and Long waves," Links for economists and historians of economic thought, Daniele Besomi. http://www.datacomm.ch/dbesomi/Links/links-16.html#kondratieff

"The New Deal," in Black Thursday. . . Will History Repeat Itself?, Christopher Newport Center of Economic Education/Gemma Kotula Education Program Coordinator, Virginia Council on Economic Education http://www.vcee.org/pdf/black_thursday.pdf

"Covered interest arbitrage," on "Doing Business with Japan," Google Answers, by paul_b_18-ga, 08 Apr 2004, 17:06 PDT http://answers.google.com/answers/threadview?id=327115

"It Can't Happen Again," on "Longwaves in Socioeconomic Growth and Development," Jim Corredine http://www.homestead.com/longwaves/

Online Course Citations

Money, Banking, and the Economy, http://www.drfurfero.com/courses/eco2309/2309index.html Online Website Citations

"Longwaves in Socioeconomic Growth and Development," Jim Corredine, http://www.homestead.com/longwaves/

Other Online Professional Citations

Economists with Webpages, World Bank Group http://www1.worldbank.org/wbiep/economists.html#F

Economists with Webpages, ARGMAX http://www.argmax.com/ewwp_search.php

Economists with Webpages, Universitat de Girona, Departament d'Economia http://www.udg.es/fcee/professors/jsole/Economistes-mon.htm

Economistas con Páginas Web, Info Económicas http://infoeconomicas.com.ar/economistas_con_paginas_web.htm

Current Research

"Fiscal and Financial Linkages in [Country]," a series of papers for presentation at professional conferences, publication in professional journals, and inclusion in Macroeconomic Policies Around the World (see above)

"Some Legal Issues Concerning the Use of Derivative Financial Instruments by State and Local Governments and Their Authorities"

top    PROFESSIONAL ACTIVITIES

Professional Conferences: Formal Paper Presentations

"Financial System Reforms for Economic Stabilization in the Caribbean Countries: Jamaica," North Atlantic Economic and Finance Association, Montego Bay, Jamaica. 7 Aug 1993

"Fiscal and Financial Linkages in Economic Development: Sequencing for Success in the Caribbean Countries," Allied Social Sciences Association, North Atlantic Economics and Finance Association, Washington, DC, 28 Dec 1990

"Financial Linkages in Economic Development of Caribbean and Pacific Basin Countries," North Atlantic Economic and Finance Association, Mexico City, Mexico, 8 Aug 1990

"Judicial Review and the Economic Process: A Long Wave Approach," International Atlantic Economic Society, Montreal, Canada, 13 Oct 1984

"A Comparison of Fluctuations in Planned and Market Economies," Western Economic Association, Las Vegas, NE, 26 Jun 1984

"On Current 'State of the Arts' Trading and Efficient Markets," New York State Economics Association, Syracuse, NY, 7 Apr 1984

"The Keynesian Legacy: Fact and Fiction," Eastern Economics Association, New York, NY, 16 Mar 1984

"The Kondratieff Wave Revisited: The Case for a Supply Management Program for Economic Revitalization and Growth," Missouri Valley Economics Association, Kansas City, MO, 2 Mar 1984

Professional Conferences: Paper Discussant

"The Vital Role of the Intranet," by Robert J. Mockler, St. John's University, and Marc E. Gartenfeld, Strategic Management Research Group, St. John's University, at the Financial Services Institute Symposium, New York, NY, 10 Sep 2010

"The Performance of Active Managers of Institutional Credit Funds: Does Active Management Create Value during Credit Crises?" by Diane Coogan-Pushner, Queens College, CUNY, at the Financial Services Institute Symposium, New York, NY, 10 Sep 2010

"What Next For Risk-Based Financial Regulation?" by Joanna Gray, Newcastle University, at the Financial Services Institute Symposium, New York, NY, 4 Sep 2009 (powerpoint presentation)

"Effects of Basel-II Standards on Small-Medium Size Enterprises: Evidence from the Istanbul Stock Exchange," by Mustafa Kemal Yilmaz, Istanbul Stock Exchange, Risk Management Department, and Ali Küçükçolak, Istanbul Stock Exchange, Research Department, at the Financial Services Institute Symposium, New York, NY, 12 Sep 2008 (powerpoint presentation)

"The Federal Government's Implied Guarantee of Fannie Mae and Freddie Mac's Obligations: Uncle Sam Will Pick Up The Tab," by David Reiss, Brooklyn Law School, at the Financial Services Institute Symposium, New York, NY, 12 Sep 2008 (powerpoint presentation)

"Exploring Movement-Oriented Mediation Techniques to Resolve Conflicts," Global Awareness Society Conference, New York, NY, 26 May, 2000

"How Conflict of Law Rules Now Produce Different Results in International Sales Contracts for Goods," Global Awareness Society Conference, New York, NY, 26 May, 2000

"The Benefits of Applying Sun-Tzu's Planning Concepts on Conflict Resolution," Global Awareness Society Conference, New York, NY, 26 May, 2000

"Ripples in the Stream: Climate Changes, Displacement of Population, and the Emergence of Conflicts in Small Developing States," Global Awareness Society Conference, New York, NY, 26 May, 2000

"The Impact of the World Trade Organization: Case Studies of China and Jamaica," Global Awareness Society Conference, New York, NY, 26 May, 2000

"The Impact of NAFTA on Selected Caribbean Countries," retitled "Economic and Political Aspects of Caribbean Immigration into the United States under the New Paradigm," North American Economics and Finance Association at the Allied Social Science Associations Conference, New York, NY, 4 Jan 1999

"The Impact of NAFTA on Caribbean Migration to the U.S.," North American Economics and Finance Association at the Allied Social Science Associations Conference, New York, NY, 4 Jan 1999

"The Impact of Economic Organization on Income Distribution," International Atlantic Economic Society, Montreal, Canada, 14 Oct 1984

"Restoring America's Falling Infrastructure," Engineering Foundation, Franklin Pierce College, NH, 13 Jul 1982

"Economic and Political Fluctuation Patterns in the USSR and Eastern Europe," American Association for the Advancement of Slavic Studies, Philadelphia, PA, 5 Nov 1980

Other Professional Appearances

"New World Order: Can a global economy continue to be regulated on a non-global basis?" Panelist, New York International Law Review Symposium, St. John's University, Jamaica, NY, 6 Mar 2009

"The College Fed Challenge, Session II: Using the Fed Challenge in Teaching and Promoting Financial Literacy on Your Campus," Panelist, Eastern Economics Association Annual Conference, New York, NY, 27 Feb 2009

"Your Money: Estate Taxes," TV Interview, hosted by Ali Velshi, CNNFN, 15 Jul 2003

"And Justice for All: Legal Cases Which Changed the Course of History for Women in the U.S.," Co-Speaker. Seventh Annual University Seminar Day, Pace University, New York, NY, 14 Nov 1998

"Regulation of Foreign Investment — A Review of U.S. Antitrust, Environmental, Antidiscrimination, and Workplace Safety Laws," Guest Speaker. A Special Program for Officials from the People's Republic of China, sponsored by the Center for Global Education, St. John's University, Jamaica, NY, 5 Feb 1996

"Regulation of Foreign Investment — A Review of U.S. Antitrust, Environmental, and Antidiscrimination Laws," Guest Speaker. A Special Program for Officials and Managers from the People's Republic of China, sponsored by the Center for Global Education, St. John's University, Jamaica, NY, 28 Nov 1995

"'Too Many' Good Reasons for Retaining the Narrow Definition of Good Faith in Letter of Credit Law: The Case of Wrongful Dishonor", Classroom Presentation. International Law Seminar, Pace University School of Law, White Plains, NY, 16 Nov 1995

"How to Interpret Economic and Market Conditions," Guest Speaker, Purchasing Management Association of New York, New York, NY, 16 May 1984

"Money, Banking, and the Federal Reserve," Guest Speaker, Lafayette High School, Brooklyn, NY, 9 May 1984

"Personal Financial Management," Guest Speaker, Brooklyn Public Library, Brooklyn, NY, 18 Apr 1984

"Key Problems in the US Economy and the Likeliest Scenario," Panelist, Purchasing Management Association of New York, New York, NY, 19 Jan 1982

Attendance at Special Professional Conferences and Seminars

Separation Agreements: Drafting to Avoid Litigation, Presenters: Marianne Hoffman, Esq., HJones Garneau, LLP, and Hon. Linda Jamieson, Supreme Court Justice, sponsored by New Rochelle Bar Association, New Rochelle, NY, 27 Apr 2011, Continuing Legal Education class, professional practice, 2 credits

What You Should Know About The Grievance Process, Presenter: Deborah A. Scalise, Esq., Scalise & Hamilton, LLP, former Deputy Chief Counsel to the Departmental Disciplinary Committee for the First Judicial Department, sponsored by New Rochelle Bar Association, New Rochelle, NY, 10 Nov 2010, Continuing Legal Education class, professional ethics, 2 credits

New York State AAUP Conference Annual Conference, CUNY Professional Staff Congress, New York, NY, 16-17 Apr 2010

"The Federal Reserve in the 21st Century: A Symposium for College Professors," Federal Reserve Bank of New York, New York, NY, 13-14 Jan 2010. This two-day conference was presented by senior executives of the Federal Reserve Bank of New York. The first day focused on Fed basics, including principles of monetary policy, creating economic forecasts, thinking about inflation and unemployment, and financial stability and systemic risk. The second day was devoted to hot topics, in particular the ongoing response of the Federal Reserve to the recent financial market turmoil and recession. Participation was by invitation only. Registration number: 20091112233925

"Ethical Issues Routinely Confronted by Solos and Small Firm Practitioners," Presenters: Richard Maltz, Esq., Frankfurt, Kurnit, Klein & Selz PC, Timothy Brennan, Esq., (solo), and Eddie Still, Esq., NYS Grievance Committee, 9th Judicial District, sponsored by Pace University School of Law, White Plains, NY, 30 Sep 2009, Continuing Legal Education class, professional ethics, 2 credits

Ninety-fifth Annual Meeting of the AAUP, Omni Shoreham Hotel, Washington, DC, 11-14 Jun 2009

New York State AAUP Conference Annual Conference, Marymount Manhattan College, New York, NY, 17-18 Apr 2009, Keynote speakers: Martin Snyder, Associate General Secretary and Director of External Relations for the American Association of University Professors (AAUP), spoke on working together with AAUP and Alan Lubin, Executive Vice President of the New York State United Teachers union spoke on legislative Initiatives in New York State related to higher education

"Distance Learning Faculty Peer Sharing Workshop," St. John's University, Jamaica, NY, 24 Feb 2009

"Ethics and Professionalism in Environmental Law: Up in Smoke?" Presenters: Wendy Kennedy Venoit, Esq., Pepe and Hazard, LLP, Steve Quigley, Conestoga Rovers Associates, the Honorable John Perone, and Ronald Stuff, Esq., Fluor Corporation, sponsored by Pace University School of Law, White Plains, NY, 20 Feb 2009, Continuing Legal Education class, professional ethics, 2 credits

"The Federal Reserve in the 21st Century: A Symposium for College Professors," Federal Reserve Bank of New York, New York, NY, 7-8 Jan 2009. This two-day conference was presented by senior executives of the Federal Reserve Bank of New York. It covered the U.S. economic outlook, monetary policy, the subprime mortgage crisis, the regional economy, the evolving payments system, and recent developments in bank supervision and regulation. Participation was by invitation only. Registration number 20081125131832

"Financial Crisis and the Emerging Economies," a lecture by Prof. Leszek Balcerowicz, the architect of Poland's economic transformation after the fall of communism, Consulate General of Poland, New York, NY, 2 Dec 2008

"Dyson College Strategic Planning Task Force," Pace University, New York, NY, 2008, a task force to identify the role of liberal arts core courses and to propose a liberal arts core for programs aimed at teaching for the "professions;" the task force met a minimum of 5 times during 2008 and produced a report for the University's President for considered implementation next academic year

"Ethics Resource Program," Presenters: Loretta Musial and Deborah Scalise, Esq., Scalise & Hamilton, LLP, former Deputy Chief Counsel to the Departmental Disciplinary Committee for the First Judicial Department, sponsored by Pace University School of Law, White Plains, NY, 5 Jun 2008, Continuing Legal Education class, professional ethics, 2 credits

Journal Club, St. John's University, 22 Apr 2008, sponsored by the Center for Teaching and Learning, different SJU faculty members shared what they considered to be their "best practices" in teaching

New York State AAUP Conference Annual Conference, St. John's University, Jamaica, NY/Hofstra University, Garden City, NY, 18-19 Apr 2008, Keynote speakers:

"The Federal Reserve in the 21st Century: A Symposium for College Professors," Federal Reserve Bank of New York, New York, NY, 10-11 Jan 2008. This two-day conference was presented by senior executives of the Federal Reserve Bank of New York. It covered the U.S. economic outlook, monetary policy, the subprime mortgage crisis, the regional economy, the evolving payments system, and recent developments in bank supervision and regulation. Agenda. Participation was by invitation only.

"e-Finance Conference," Federal Reserve Bank of New York, New York, NY, 23-24 Feb 2001. This two-day conference was presented by bankers, central bankers, and economics and finance professors from around the world. It was the first conference of its kind. Topics included profitability of online banks and securities brokers, regulatory and supervisory issues for online banks and securities trading firms, e-money versus e-finance, and control of monetary policy in the new electronic environment. Participation was open to college professors and financial sector professionals.

"Forty-First Central Banking Seminar," Federal Reserve Bank of New York, New York, NY, 9-11 Jan 2001. This three-day seminar is presented by senior staff members at the Federal Reserve Bank of New York and is the best and most comprehensive source of current money, banking, financial market, and monetary policy issues. Participation is based upon competitive applications. Application is limited to once every eight years.

"Breaking Web Barriers — The Ultimate Design Solution," Adobe Workshop, Town Hall, New York, NY. 9 Nov 2000. This one-day seminar explained the versatility in using Adobe software products to design and enhance websites. Participation was open to the public.

"Brasil: The Emerging Giant," University of Sao Paulo, Sao Paulo, Brasil. 1-9 Jun 1998. This International Faculty Development Seminar is sponsored by The Council on International Education Exchange (CIEE). This nine-day seminar explored social, economic, financial, political, and cultural aspects in the development of the Brazilian economy. The group toured Brazil from Sao Paulo to Parati to Rio de Janeiro and included visits to ABC Industry country, major industrial seaports, and the favellas in Rio. Participation is based upon competitive submissions.

"Thirty-Second Central Banking Seminar," Federal Reserve Bank of New York, New York, NY, 6-8 Jan 1992. This three-day seminar is presented by senior staff members at the Federal Reserve Bank of New York and is the best and most comprehensive source of current money, banking, financial market, and monetary policy issues. Participation is based upon competitive applications. Application is limited to once every eight years.

"Twenty-Fourth Annual Central Banking Seminar," Federal Reserve Bank of New York, New York, NY, 11-13 Apr 1984. This three-day seminar is presented by senior staff members at the Federal Reserve Bank of New York and is the best and most comprehensive source of current money, banking, financial market, and monetary policy issues. Participation is based upon competitive applications. Application is limited to once every eight years.

Other Professional Activities

New York State AAUP Conference, 2007-2011
    Membership Committee (2009-2011, Chair: 2009-2011)
    Independent Council (2009-2011, Chair: 2009-2011)
New York State AAUP Conference Annual Conference, co-organizer, St. John's University, Jamaica, NY/Hofstra University, Garden City, NY, 18-19 Apr 2008

"National Pre-Law Mock Trial Competition," Judge, Pace University School of Law, White Plains, NY, 13-14 Mar 2010 (2), 12-13 Mar 2011 (2)

"First Year Moot Court Competition," Judge, Pace University School of Law, White Plains, NY, 14 Apr 2007, 20 Apr 2008, 19 Apr 2009, 25 Apr 2009, 26 Apr 2009, (not 2010), 9 Apr 2011

"High School FED Challenge," Judge, Federal Reserve Bank of New York, New York, NY, 17 Apr 2008, 1 Apr 2009

"College FED Challenge," Team Adviser/Coach, Federal Reserve Bank of New York, New York, NY, 8 Nov 2004 (wait list), 7 Nov 2005, 6 Nov 2006, 5 Nov 2007, 10 Nov 2008, 5 Nov 2009, 8 Nov 2010

"National Trial Advocacy Competition," Judge, Westchester County Courthouse, White Plains, NY, 8 Feb 2008

"International Criminal Moot Court Competition," Judge, Pace University School of Law, White Plains, NY, 27 Oct 2007 (2), 30 Jan 2010 (2), 29 Jan 2011 (2)

"Grand Moot Court Competition," Judge, Pace University School of Law, White Plains, NY, 8 Dec 2007 (2), 7 Dec 2008 (2), 12 Dec 2009, 4 Dec 2010

"Student Trial Advocacy Competition," Presiding Judge, sponsored by the Association of Trial Lawyers of America, Kings County Supreme Court, 360 Adams Street, Brooklyn, NY, 28 Feb 2009, 27 Feb 2010 (not 2011)

"Student Trial Advocacy Competition," Scoring Judge, sponsored by the Association of Trial Lawyers of America, New York County Supreme Court, 60 Centre Street, New York, NY, 1 Mar 2002, 2 Mar 2002, 27 Feb 2004, 26 Feb 2005, 3 Mar 2006, 5 Mar 2006, 7 Mar 2008

"National Environmental Law Moot Court Competition," Judge, Pace University School of Law, White Plains, NY, 21 Feb 2002, 19 Feb 2004, 25 Feb 2005, 23 Feb 2006, 24 Feb 2006, 23 Feb 2007, 20 Feb 2009

"Client Counseling Competition," Judge, Pace University School of Law, White Plains, NY, 22 Jan 2000, 27 Jan 2001, 19 Jan 2002, 31 Jan 2004, 20 Jan 2007, 10 Feb 2007, 9 Mar 2008

"Surfing Your Way to a Degree," Presentation, Faculty Research Forum, St. John's University, Jamaica, NY, 5 Apr 2000

Rutgers Club of New York City, Career Guidance Committee, 1984-1986

PSC-CUNY Research Award Program, Grant Reviewer, Spring 1984

top    SERVICE TO ST. JOHN'S UNIVERSITY

University

The Federal Reserve College FED Challenge, St. John's team, Adviser/Coach, Federal Reserve Bank of New York, New York, NY, 8 Nov 2004 (wait list), 7 Nov 2005, 6 Nov 2006, 5 Nov 2007, 10 Nov 2008, 5 Nov 2009, 8 Nov 2010, 28 Oct 2011 (semi-finals, 16 Nov 2011)

Graduate Council, 2000-2003, 2003-2007, 2008-2011, 2011-2014
    ByLaws Committee, 2002-2003, 2004-2007 (Chair), 2008-present (Chair)
    Curriculum and Programs Committee, 2001-2002, 2003-2004
      Subcommittee on Distance Learning Policies for Graduate Courses, 2001-2002
    Regulations and Procedures Committee, 2000-2001
      Subcommittee on Study of Graduate Student Stipends, 2000-2001
Faculty Association at St. John's University, Treasurer, 2003-2006

Faculty Association at St. John's University, Grievance Officer, 2001-2006

Faculty Association at St. John's University, AAUP-FA Contract Negotiator, 2001-2002, 2004

Mentor, Master's Independent Study, "A Test of the Effectiveness of Monetary and Fiscal Policy in the United States and the European Monetary Union in Minimizing the Misery Index," Michael Goldman, St. John's University, New York, NY, MBA, Fall 2005

Mentor, Master's Thesis, "The Science of Economics: A Contemporary Approach," David Rubio, St. John's University, New York, NY, MLA, Spring 2000

Mentor, Senior Honor's Thesis, "Do Incentive Payment Schemes Affect Productivity?" Melissa Piccolo, La Trobe University, Melbourne, Australia, BA, Spring 1998

University Senate, 1989-1992
    Budget Committee, 1990-1991
    Faculty Affairs Committee, 1991-1992
University Committee to Study College Europa, 1984

College

Faculty Council Student Affairs Committee, 2007-2008, 2009-2012

Faculty Council Co-Parliamentarian, 2007-2011

Faculty Council As Hoc ByLaws Committee, 2006-2007

Faculty Council As Hoc ByLaws Committee, 2004-2006

Faculty Council Faculty Affairs Committee, 2000-2003

Faculty Council Ad Hoc Distance Learning Committee, 1999-2005

Faculty Council Ad Hoc Committee to Reevaluate the MBA Program, 1996-1997

Faculty Council Graduate Educational Policy Committee, 1983-1988; Chair, 1983-1987

Outcomes Committee, Self-Evaluation for AACSB Accreditation, 1986-1987

Department

Open House, Economics and Finance Department representative, St. John's Univeristy, Queens campus, 20 Nov 2011

Accepted Students Day, St. John's Univeristy, Queens campus, 11 Apr 2010 (powerpoint presentation)

Open House, Economics and Finance Department representative, St. John's Univeristy, Queens campus, 16 Nov 2008 (powerpoint presentation)

Open House, Economics and Finance Department representative, St. John's Univeristy, Queens campus, 25 Oct 2008, designed and created a powerpoint of faculty, students, and department activites for display to prospective students and their parents

Ad Hoc Committee to Redesign the Economics Principles courses, 2003-present

Search Committee for Chair for Economics and Finance Department, 1999

Ad Hoc Committee to Survey Past and Present MBA Students in the Economics Specialization, 1998-99

Recording Secretary, Department of Economics and Finance, 1998-2008

Ad Hoc Committee to Review the Undergraduate Economics Curriculum, 1993-1994

Ad Hoc Committee to Attract and Retain Economics Majors, 1993-1994

Graduate Educational Policy Committee, 1981-1983, 1989-1991

Economics Lecture Series, Co-Chair, 1989-1990

Economics and Finance Society, Moderator, 1989-1990

Business Careers Seminar, Department Representative, 4 Apr 1989

Graduate Student Orientation (Queens), Department Representative, 23 Feb 1989

Ad Hoc Committee to Study MBA Economics Program, 1984

Student Orientation (Staten Island), Hostess, 1982-1984

Open House (Staten Island), Department Representative, 1982-1984

Several other standing and ad hoc departmental committees, including Master of Business Economics, PhD in Financial Economics, textbook committees, etc.

top    RESEARCH IN PROGRESS, CONSULTING, AND TRAINING AND DEVELOPMENT

Research In Progress

Books
    Macroeconomic Policies Around the World. Initial stages of compilation, methodology structured, about 25% complete.
Articles
    "Financial Crisis, 2007-2010 and Beyond: Causes and Corrections"

    "Why companies delist: A Case Study of the Global Income Fund, GIFD," co-author: M.E. Ellis. Dr. Ellis runs the statistical studies, I write the analyses. (2008)

    "Fiscal and Financial Linkages in [Country]." A series of papers for presentation at professional conferences, publication in professional journals, and inclusion in Macroeconomic Policies Around the World (see above).

    "Some Legal Issues Concerning the Use of Derivative Financial Instruments by State and Local Governments and Their Authorities"
Consulting

1983-present Economics and Financial Consultant (part-time, self-employed)
    Small Business Consultant Evaluate expected profitability for new ventures. Advise on financial and tax matters relating to sub-chapter S and LLC incorporations and sole proprietorships.

    Personal Financial Consultant Analyze household budgets and construct plans for individuals and families to obtain desired financial goals and stability.

    Compensation Analyst Analyze and compute damages for lost wages and other opportunity costs in wrongful death and severe personal injury cases.
Training and Development

1988-1988 Educational Director (part-time), Tefft Business School, White Plains, NY
    Designed and conducted "business- and career-oriented" workshops for classroom and conference presentations. Expanded high school recruitment program.
1987-1988 Regional Marketing Director (part-time), Career Blazers, White Plains, NY
    Designed and conducted "business- and career-oriented" workshops for classroom and conference presentations. Expanded high school recruitment program.
top    COMPUTER LITERACY

Personal Computers

Internet Programming (HTML)
Faculty Computer Certification, Professional Development and Training Center, St. John's University, 3 Nov 1997
Macintosh (various wordprocessing, spreadsheet, and database management programs)
IBM (various wordprocessing, spreadsheet, and database management programs; various operating systems)
Wang

Mainframe Computers - IBM, Burroughs, Honeywell, UNIVAC, RCA/Spectra

Programming Languages - HTML, COBOL, FORTRAN, ASSEMBLER, BASIC

Applications

Legal Research WESTLAW and LEXIS/NEXIS

Systems planning and implementation Designed, programmed, and maintained multi-billion dollar Savings, Nest Egg, and Xmas Club Account Systems. Instrumental in system package evaluation and modification for transfer of Savings Account System from RCA/Spectra to IBM 360 at Chase Manhattan Bank.

Statistical Research Time series and cross-sectional regression analyses, ANOVA, spectral analysis. Knowledge of SAS, SPSS, TSP, ELF. Programmed own step-wise regression for Master's Thesis.

top    ACADEMIC AWARDS AND HONORS

Certificate, "Financial Industry Knowledge," Brainbench, 28 Oct 2000 http://www.brainbench.com/xml/bb/homepage.xml

Website Listing: Economists with Webpages, ARGMAX http://www.argmax.com/ewwp_search.php

Honorary member, Omicron Delta Epsilon, November 1994

Biographical Listing: American Economic Review, December, 1985.

"Outstanding Student in Economics," Pace University, 1976.

top    MEMBERSHIP IN PROFESSIONAL SOCIETIES

New Rochelle Bar Association, 2010-present
New York State Bar Association, 1992-2001
Association of Trial Lawyers of America, 2000-2001
New York Association for Business Economists, 1981-1986
American Association for the Advancement for Slavic Studies, 1980-1980
Metropolitan Economics Association, 1975-1986
American Economics Association, 1974-1986

Updated 14 Jan 2012

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