CURRICULUM VITAE

 

JOHN ROUFAGALAS

 

PERSONAL DATA

 

      Office Address                      Home Address

 

      Department of Economics                  1161 Arrington Rd.

       Radford University                       Blacksburg, VA 24060

       Radford, Virginia 24142                  (540) 953-3028

       Ph. (540) 831-5892/5100

       Fax (540) 831-6209

       e-mail: jroufaga@radford.edu

 

PERSONAL

 

      CITIZENSHIP:      Greek

       MARITAL STATUS:      Married, no children

       DATE OF BIRTH:       19 June 1956

 

EDUCATION

 

      Ph.D.- Economics, August 1986            University of Florida

       M.A. - Economics, June 1981              Athens University of Economics and                                                       Business, Greece

       B.A.- Economics, October 1978            University of Piraeus, Greece

 

 

AREAS OF CONCENTRATION

 

Monetary Economics, Applied Microeconomics, Economics of Uncertainty, Information Systems Applications in Economics.

 

DOCTORAL DISSERTATION

 

Title: Interrelated Demand and Supply in the Markets for New and Used

 Durable Goods.

 

Committee: Edward Zabel (Chairman), Stephen Cosslett, William Bomberger.

 

PROFESSIONAL EXPERIENCE

 

      1997 to present: Professor of Economics, Radford University.

1994 to 2000: Graduate Program Coordinator, Dept. of Economics, Radford Univ.

1991 to 1997: Associate Professor of Economics, Radford University.

1985 to 1991: Assistant Professor of Economics, Radford University.

1983 to 1985: Research and Teaching Assistant, Univ. of Florida.

1978 to 1979: Research Assistant, Center of Planning and Economic Research,

       Athens, Greece.

 

TEACHING INTERESTS

 

Money and Banking, Economic Theory (Micro-Macro), Econometrics, Managerial Economics, Information Systems Applications in Economics.

 

RESEARCH FIELDS

 

Monetary and Financial Economics, Economics of Uncertainty, Applied Microeconomics

 

 

PUBLICATIONS

 

"Self-Selection and the Effects of Poison Put/Call Covenants on the Reoffering

 Yields of Corporate Bonds" (with Khalil Torabzadeh and Criss G.

 Woodruff), International Review of Economics and Finance Vol 9, No 2, 2000,

 pp. 139-156.

 

“Third Degree Price Discrimination: A Profitable Arbitrage Case,” (with J.

 Marchand and M. Rigdon), The American Economist, Fall 2000, pp 92-93.

 

“Adaptive Aspirations and Cognitive Individual Well-Being: Some Implications,” (with Mohammed Ansari), Managerial Finance, 25(3/4), 1999, pp 53-65.

 

“Service-Production Under Uncertainty," Ekonomia 2, Summer 1998, pp. 90-

105.

 

“Search and Uncertainty: Determinants of the Degree of Underpricing of Initial

 Public Offerings," (with J. Marchand), Journal of Economics and Finance, Spring

 1996, pp. 47-64.

 

“Tracking Potential Honors Students: Some Further Results," The National Honors Report XV, Winter 1994, 20-27.

 

“Honors Classes and Student Performance: A Quantitative Analysis" Forum for

 Honors XXII, Fall/Winter 1994, 13-21.

 

“Price Rigidity: Could It Be a Demand Phenomenon?," Managerial and Decision Economics 15, January-February 1994, 87-94.

 

“Tracking Potential Honors Students," The National Honors Report XIV, Spring 1993, 25-31.

 

“Optimal Portfolio Strategies and the Demand for Durable Goods'' Atlantic Economic Journal XIX,, March 1991, 15-21.

 

“Optimization Behavior and the Flat Maximum Principle," (with Nozar Hashemzadeh), Managerial and Decision Economics 11, February 1990, 53-55.

 

 

PROCEEDINGS AND NEWSLETTER ARTICLES

 

“Profitable Price Discimination With Arbitrage," (with J. Marchand),

Southwestern Economic Proceedings, Vol 21, No 2, 1994, 126-129.

 

The Anatomy of Recession," Wall Street Winners, Vol 7, No 11, Nov. 21, 2001, p.8.

"The Slope of the Yield Curve," Wall Street Winners, Vol 8, No 2, Feb. 20, 2002, p.8.

"Corporate Organization Complexities," Wall Street Winners, Vol 8, No 5, May 15, 2002, p.8.

"A New Noise," Wall Street Winners, Vol 8, No 10, Oct. 16, 2002, p.8.

"Corporate Debt Issues," Wall Street Winners, Vol 9, No 12, Dec. 17, 2003, p.8.

 

 

 

 

WORKING PAPERS

 

“Durable Goods Monopolists and Second Hand Markets: A Disequilibrium Analysis," Discussion Paper, Radford Univ., July 1986 (Revised June 1988).

 

“Inventories and Layoffs Under Demand Uncertainty," Discussion Paper, Radford Univ., June 1987 (Revised April 1989).

 

“Real Growth and Inflation: Some International Comparisons," Discussion Paper, Radford Univ., Feb. 1989.

 

“Price Discrimination Under Slippage: Is It Welfare Enhancing?" (with J.R. Marchand) Discussion Paper, Radford Univ., June 1989.

 

“A Monopolistic Competition Macromodel With Inventories," Discussion Paper, Radford Univ., November 1989.

 

“Federal Deposit Insurance Crisis: A Proposal for Institutional Change," Discussion Paper, Radford Univ., Jan. 1990.

 

“Are Observed Inflation Rates Excessive? The Tobin and Anti-Tobin Effects at Work," Discussion Paper, Radford Univ., March 1990.

 

“The Determinants of Output Growth in Industrial Countries," Discussion Paper, Radford Univ., October 1990.

 

“Dynamic Market Making With Two Competing Dealers," Discussion Paper, Radford Univ., June 1996 (1st Draft Nov. 1992).

 

“Who Takes Honors Courses? A Statistical Analysis," Discussion Paper, Radford Univ., April 1992.

 

“Self-Selection and the Effects of Poison Put/Call Covenants on the Reoffering Yields of Corporate Bonds," (with K. Torabzadeh) Discussion Paper, Radford Univ., November 1996.

 

“Purchasing Power Parity within Japan: Co-Integration tests,” (with Naoko Okada), Discussion Paper, Radford Univ., June 1997.

 

“NAFTA: Trade Creation or Trade Diversion?” (with Ashley Anderson), Discussion Paper, Radford Univ., March 2000.

 

“IPOS and Takeovers” Discussion Paper, Radford Univ., April 2001.

 

“Costs of Recession in the Context of an Endogenous Growth Model,” (with Alex Orlov), Discussion Paper, Radford Univ., February 2003.

 

“HRM Systems Architecture and Firm Performance: Evidence from SMEs in a Developing Country,” (with P. Kasturi and A. Orlov, Discussion Paper, Radford Univ., March 2004.

 

“HRM Philosophy and Firm Productivity: Evidence from SMEs in India,” (with P. Kasturi and A. Orlov, Discussion Paper, Radford Univ., June 2004.

 

 

 

 

 

 

PAPER PRESENTATIONS

 

“Price Uncertainty and Commodity Inventories," presented at the Midsouth Academy  of Economics and Finance meetings in Hot Springs, Arkansas (February 1988).

 

“Pricing and Employment Decisions Under Uncertainty by a Services--Producing  Monopoly," presented at the Eastern Economic Association meetings in Boston, Mass. (March 1988).

 

“Government Revenue Maximization and the Rate of Inflation," presented at the   Eastern Economic Association meetings in Boston, Mass. (March 1988).

 

“Durable Goods Monopolists and Second Hand Markets: A Disequilibrium Analysis," presented at the Western Economic Association meetings in Los Angeles, CA (July 1988).

 

“Real Growth and Inflation: Some International Comparisons," presented at the Midsouth Academy of Economics and Finance meetings in Nashville, TN (February 1989).

 

“Federal Deposit Insurance Crisis: A Proposal for Institutional Change," presented at the Eastern Economic Association meetings in Baltimore, MD (March 1989).

 

“Search and Uncertainty: Explanations of Initial Public Offering Anomalies,"  (with J.R. Marchand) presented in the Southern Economic Association meetings in Orlando, FL (November 1989).

 

“The Role of Inventories in a Macro Model of Monopolistic Competition,"

presented in the Southern Economic Association meetings in Orlando, FL (Nov. 1989).

 

“Higher Investment Tax Credits and Firm Behavior in the 1980's," (with N. Hashemzadeh) presented at the Midsouth Academy of Economics meetings in Jackson, Miss. (Feb. 1990).

 

“Price Discrimination Under Slippage: Is It Welfare Enhancing?" (with J.R. Marchand) presented in the Canadian Economic Association meetings in Vancouver, Canada (June 1990).

 

“Forming a Long Range Plan for your Honors Program," (with Pegeen Albig and Earl Brown) presented in the National Collegiate Honors Council meetings in Baltimore, MD (Oct. 1990).

 

“A Demand and Supply Approach to the Hedonic Price for Research,

Teaching and Amenities for Academic Economists,'' (with P. Graves and J. Marchand) presented in the Southern Economic Association meetings in New Orleans, LA (Nov. 1990).

 

“Price Rigidity: Could It Be a Demand Phenomenon?," presented in

the Eastern  Economic Association meetings in Pittsburg, PA (March 1991).

 

“Who Takes Honors Courses? A Statistical Analysis," presented in

the Southern Regional Honors Council meetings in Roanoke, VA (April 1992).

 

“Market Making With Two Competing Dealers," presented in the

Southern Economic Association meetings in Washington, DC (November 1992).

 

“Tracking Potential Honors Students: Some Further Results," present

ed in the  Southern Regional Honors Council meetings in Nashville, TN (March 1993).

 

“Predicting Student Performance in Honors Classes," presented in the Southern Regional Honors Council meetings in Louisville, KY (April 1994).

 

“Optimal Inventory Policy Under 'Batch' Production," presented in the Southern Economic Association meetings in Orlando, FL (November 1994).

 

“Purchasing Power Parity within Japan: Co-Integration tests,” (with Naoko Okada) presented in the 4th annual conference of the Multinational Finance Society in Thessaloniki, Greece (June 1997).

 

“Self-Selection and the Effects of Poison Put/Call Covenants on the Reoffering Yields of Corporate Bonds,” (with Khalil Torabzadeh) presented in the FMA meetings in Honolulu, Hawaii (October 1997).

 

“NAFTA: Trade Creation or Trade Diversion?” (with Ashley Anderson) presented in the Eastern Economic Association meetings in Crystal City, VA (March 2000).

 

IPOs and Takeovers” presented at the University of Piraeus seminar series in Piraeus, Greece (June 2001)

 

“Costs of Recession in the Context of an Endogenous Growth Model” presented at the University of Virginia (with Dr. A. Orlov) (March 2003).

Also presented at the Southern Economics Association meetings in San Antonio, TX (November 2003), and the Eastern Economic Association meetings in Washington, DC (February 2004).

 

HRM Philosophy and Firm Productivity: Evidence from SMEs in India.” (with P. Kasturi and A. Orlov), presented at the 2nd International Conference on Business, Economics, Management and Marketing of the Athens Institute for Education and Research in Athens, Greece (June 2004)

 

 

GRANTS

 

“The Effects of Poison Put/Call Provisions on the Yields of New Corporate Bonds," (with Kh. Torabzadeh), received the 1991 College of Business and Economics Summer Grant.

 

“Teaching Portfolios At Radford University" (May 1994), funded by the Center for Teaching Excellence, Radford University.

 

“Integration of System Program Writing into the Economics Curriculum" (with M. Hayes) (November 1995), funded by the Office of Academic Enrichment, Radford University.

 

“Initial Public Offerings and Takeover Activity,” received the 1998 College of Business and Economics Summer Grant.

 

“Aggregate Price Rigidity as a Result of Firm Exit” received the 2004 College of Business and Economics Summer Grant

 

 

RESEARCH IN PROGRESS

 

       Costs of Recession in Growth Models

Initial Public Offerings and Takeover Activity.

       Optimal Inventory Policies under “Batch” production.  

Price Rigidity.

 

 

 

COMPUTER EXPERIENCE     

 

       Computer Programming: 20 credits in Computer Science

Programming Languages: Ada95, Java

Operating Systems: Unix, Windows 

Software: Microsoft Office (Word, Excel, Access)

                 Lindo Solver Suite (a linear programming program)  

          Exsys Pro (an Expert Systems program)

          NeuroSolutions (a neural networks program)

                 SAS (a statistical analysis package)

 

 

 

PROFESSIONAL SERVICES

Contributing Editor: Wall Street Winners (an investment advise newsletter)
Referee:  American Economic Review,  Managerial and Decision Economics,  
          Journal of Economics and Finance, International Journal of Economics
          and Business.

 

 

 

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