December 2002
"Contagion
Effects of the Asian Financial Crisis: Regional or Global in Scope?” by
Mohammed Khayum,
Jong Rhim and
Krishnan Ramaya has been accepted for publication in the Spring 2003 issue
of the Global Business and Finance Review (Vol. 8, no. 1).
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November 2002
Dr. Mohammed Khayum and
Dr. Jong C. Rhim presented a paper, "Understanding Market Correlations: The Relative Influence of Asian Stock Markets to Global Market Risk", at the 2002 Annual Meeting of the Decision Sciences Institute held in San Diego, California, November 23-26, 2002
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October 2002
Dr.
Soku Byoun and Dr. Jong C. Rhim presented a paper, "Tests
of the Pecking Order Theory and the Tradeoff Theory of Optimal Capital
Structure", at the 2002 Annual Meeting of the Financial Management
Association International held in San Antonio, Texas, October 16-19, 2002
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A
manuscript, "Expectations Hypothesis of the Term Structure of Implied
Volatility: Evidence from Foreign Currency and Stock Index
Options", by Soku Byoun, Chuck C.Y. Kwok, and Hun
Y. Park has been accepted for the first issue of the Journal of
Financial Econometrics to appear in 2003.
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September 2002
On
September 20 our newest faculty member, Choon-Shan Lai,
successfully defended her dissertation. She will receive her
doctoral diploma in December 2002.
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Dr. Marie-Bussing Burks’ book titled “Profit from the Evening
News” (Sourcebooks Inc., 2001) was profiled in the September 13, issue of the Evansville Courier and Press. In her interview Dr. Bussing-Burks indicated how information on frequently covered economic indicators such as durable goods orders can be used by consumers to make financial and spending decisions. Dr. Bussing-Burks also discussed a forthcoming book titled “Influential Economist” which examines the lives of famous economists.
Link
to article
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August 2002
Ms. Choon-Shan Lai, a Ph.D. candidate at Purdue University joined the Economics and Finance department. Her dissertation title is “Capital Controls, Political Risk Premium and Capital Flows,” and her teaching and research interests are: Macro/monetary Economics; International Finance; and Applied Econometrics.
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Schibik, Timothy J. and
Charles Harrington, “Part-time Faculty Utilization and Departmental Academic Vitality,”
The Department Chair: A Resource for Academic Administrators, Volume 13, Number 1, Summer 2002.
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“Organizational Reframing and Institutional Research: Implications for Practice,” Presented at the Tennessee Association for Institutional Research 15th Annual Conference, Brentwood, TN. Presented
by Timothy Schibik and Charles Harrington, August 8, 2002.
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Wade,
Dan, Jong C. Rhim, and Tae G. Ryu, “The Effect of Firm-Specific Characteristics on the Choice of Accounting Methods: The Case of Nonpension Postretirement Benefits Accounting (SFAS No. 106),”
Business and Economic Review, forthcoming.
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June 2002
Dr. Soku Byoun recently had his paper "Stock vs. stock-warrant units: evidence from seasoned offerings” (with W. Moore) accepted for publication in the Journal of Corporate Finance 166(2002).
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Dr. Sudesh Mujumdar recently had the following paper titled “Lobbying: Buying Access and Spending Resources” (with Wolfgang Mayer) accepted for presentation in a plenary session at a conference organized jointly by ECSPC (European Center for the Study of Public Choice) and the University of Rome in September 26-27, 2002.
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April 2002
On
April 25, 2002, Dr. Sudesh Mujumdar conducted a workshop for 25
employees of Kimball Corporation in Jasper, Indiana. The workshop
title was: "U.S. Economy and World
Economy Update".
Link to presentation
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Dr.
Tim Schibik, professor profile in The Shield, April 4, 2002,
Vol. 31, Issue 26.
-
Call Me:
Professor, Professor Schibik, Tim, TJ, or "Hey you" will
work if stated nicely.
-
Born: New
Castle, Pennsylvania.
-
At USI Since: 1988.
-
Family: Wife
(Peggy Shields), 3 children, 2 cats, 1 dog, and a frog (long story).
-
Degree/School:
Doctorate in economics from West Virginia University.
-
Why did you pick your
field of teaching? I grew up in an area of the country that
was dominated by steel companies and mines. When these
businesses began to close down, I observed first-hand how economic
realities could change peoples' lives and communities. I always
wondered why a company would take actions that left a whole town
without jobs.
The early
"required" economics course (I was a chemistry major at
first) fueled my search for answers. Before I knew what I was
doing, I had more credit hours in economics than in chemistry and a
faculty member suggested that I change my major to what I seemed to
like doing.
Thus, I became an
economics major. Luckily for me, the more economics I learned,
the more it became a passion.
-
What is your favorite
class to teach, and why? I love teaching labor
economics. Not only is the study of labor markets the reason I
became an economist, but this course (which is taught around the
theme of gender discrimination) gives me a chance to expose students
to different forms of economic thought. This exposure to
different schools of thought gives me the basis to help students begin
to solidify their own thoughts on the economic problems facing each of
us.
-
What is your favorite
thing about USI? Without a doubt, it is the students.
-
Something secret or
unusual about yourself: I have a secret cache of mint
M&M's at home.
-
Words of wisdom to USI
students: Do not close doors of opportunity.
Throughout your lifetime people will tell you what you cannot
do. You should never tell yourself you cannot do something
without trying. Always maintain as many options for your future
as possible and follow your passions! My great wish for my
students is that you all find careers that you love as much as I love
being a professor.
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March 2002
Dr. Soku Byoun recently had
his paper "Stock Performance Following Seasoned Stock-Warrant Unit
Offerings" accepted for publication in the Journal of
Business.
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Dr.
Mohammed Khayum, professor profile in The Shield, March 14,
2002, Vol. 31, Issue 23.
-
Formal Name: Mohammed Khayum, Professor of Economics,
Chair of Economics & Finance Department
-
Call Me: I have become accustomed to Dr K, but I respond to any of my names or reasonable variants.
-
Born: Guyana, South America
-
At USI Since: 1991
-
Family: Spouse and
one son
-
Degree/School:
Doctorate in Economics from Temple University
-
Why did you pick your field of teaching? In my first undergraduate economics course there was a discussion about how economics provided an approach that leads to an understanding of human (economic) behavior. I was intrigued by the idea that there were systematic ways that could be used to account for individuals’ decisions and their behavior.
-
What is your favorite class to teach, and why? Money and Banking, because of the relevance of many of the topics to students’ lives and the opportunities the course provides for students to learn about the interaction between policies and theories in economics.
-
What is your favorite thing about USI?
There are tremendous opportunities for individuals to make meaningful contributions, because we are a relatively young and growing institution.
-
Words of wisdom to USI students:
Maintain your curiosity about why things are the way they are. Though answers may be difficult to obtain at times, you will often be surprised at what you already know and learn as you search for answers. When you complete your program(s) at USI, reflect on how you have changed since you first came here and, more importantly, try to understand how and why those changes occurred.
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2002 Midwest Business Economics Association Conference
February 27 -- March 1, Chicago, Illinois
Several members participated as
presenters,
discussants, and
session chairs and were elected
into positions.
- Soku Byoun (discussed one paper)
- Daniel Friesner (discussed two papers and chaired one session)
- Mohammed Khayum (discussed one paper and chaired one session)
- Sudesh Mujumdar (discussed two papers)
- Timothy Schibik (discussed one paper)
- Timothy Schibik was elected a member of the Board of Directors of the MBEA
- Mohammed Khayum was elected president of the
MBEA.
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February 2002
Schibik, Timothy J. and
Charles Harrington, “The Effects of Part-time Faculty on Retention?”, Academic Leader:
The Newsletter for Academic Deans and Department Chairs, Volume 18, Number 2, pg. 5. February, 2002.
(For a copy of the complete study
email: tschibik@usi.edu
.)
Harrington, Charles and Timothy J. Schibik, “Part-Time Instruction Hampers First-Year Retention.”
Recruitment and Retention in Higher Education, Volume 16, Number 2, February 1, 2002.
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