Research : 

        The following two quotations describe what and how I am doing in my research work, I believe.

"An Economist is someone who sees something that works in the real world and wonders if it will work in theory."  R. Reagan

"Everything should be made as simple as possible, but not any simpler."     A. Einstein

    Publications: Refereed Journals

  1. Yield Curve Inversion and the Incidence of Recession: A Dynamic IS-LM Model with Term Structure of Interest Rates, Forthcoming in International Advances in Economic Research, 2012 (with Henry Wang)
  2. Yield to maturity and total rate of return: A theoretical note, Forthcoming in Applied Economics Research Bulletin, (with Richard Cebula and Henry Wang)
  3. A Note on the Categories of Unemployment in a Principles of Macroeconomics Course, Perspectives on Economic Education Research, Spring 2011, 7(1), 58-73 (with William Levernier)
  4. Do credit cards really reduce the aggregate money holdings?  Atlantic Economic Journal,  2011, 39(1), 85-95 (with Amanda King)
  5. Inverted yield curves and the incidence of recession: A graphic presentation, International Journal of Trade, Economics and Finance, February 2011, 2(1), 67-71 (with Henry Wang)
  6. Environmental regulation, technological innovation and international competitiveness, Economia Internazionale/International Economics, February 2011, 64(1), 115-128 (with Hong Li and Chengming Huang)
  7. The sunk-cost effect and optimal two-part pricing, Journal of Economics (Zeitschrift für Nationalökonomie), 2010, 101(2), 133-148 (with Henry Wang)
  8. Yield to maturity is always received as promised: A reply, Journal of Economics and Finance Education, Winter 2009, 8(2), 38-41 (with Richard Cebula)
  9. The tax reform act of 1986: an assessment  in terms of tax compliance behavior in the U.S., Economia Internazionale/International Economics, May 2009, 62(2), 145-162 (with Richard Cebula and Chris Coombs)
  10. Yield to maturity is always received as promised, Journal of Economics and Finance Education, Summer 2008, 7(1), 43-47 (with Richard Cebula)
  11. What is (not) money? Medium of exchange =/= means of payment, American Economist, Fall 2007, 51(2), 101-104
  12. People prefer a dollar sooner than later but not because interest can be earned, Perspective on Economic Education Research, Spring 2006, 2(1), 24-33 (with Henry Wang)
  13. On the determination of interest rate in general and partial equilibrium analysis, Journal of Economic and Finance Education, 2005, 4(1), 19-23 (with Mark Yanochik)
  14. New Credit Program at the Discount Window: Instructors' Note, Journal of the International Academy for Case Studies, 2005, 11(2), 49-54 (with Amanda S. King and Darrel F. Parker)
  15. New Credit Program at the Discount Window, Journal of the International Academy for Case Studies,  2005, 11(1), 69-71 (with Amanda S. King and Darrel F. Parker)
  16. On the technology transfer to an asymmetric Cournot duopoly, Economics Bulletin, 2004. 4(14). 1-6  (with Henry Wang)
  17. On technology licensing in a Stackelberg duopoly, Australian Economic Papers, December 2004, 43, 448-458 (with Henry Wang)
  18. On the Treatment of Fixed and Sunk Costs in the Principles Texts: A Comment and A Reply, Journal of Economic Education, Fall 2004, 35(4). 365-369 (with Henry Wang)
  19. A pedagogical note on risk framing, Risk Management and Insurance Review, 2004, 7(2), pp.151-164 (with Mike Barth and John Hatem)
  20. Classification of 2x2 games and strategic business behavior, American Economist, Fall 2003, 47(2), 78-85 (with Henry Wang)
  21. Why competition may discourage students from learning? A behavioral economic analysis, Education Economics, August 2003, 11(2), 117-128  (with Henry Wang)
  22. A note on technology transfer by a monopoly, Australian Economic Papers, 2003, 42(1) 50-55 (with Henry Wang)
  23. Cooperative and noncooperative R&D in vertically related markets, Seoul Journal of Economics, 2002, 15(3), 423-436 (with Henry Wang)
  24. A two-dimentional dual presentation of bond market: A geometric analysis, Journal of Economics and Finance Education, 2002, 1(2), 11 - 17
  25. Mixed-strategy equilibria in a quality differentiation model, International Journal of Industrial Organization,  2001, 19, 213-226 (with Henry Wang)
  26. Fixed and sunk costs revisited, Journal of Economic Education, Spring 2001, 32(2), 178-185, (with Henry Wang)
  27. On Hotelling’s model with a restricted reservation price, Australian Economic Papers, 1999, 38(3), 259 - 275 (with Henry Wang)
  28. On Licensing Under Bertrand Competition, Australian Economic Papers, 1999, 38(2), 106-119, (with Henry Wang)
  29. Price rigidity and asymmetric price adjustment in a repeated oligopoly, Journal of Institutional and Theoretical Economics, 1998, 154(4), 659-679, (with Richard Damania)
  30. Asymmetric price adjustment in a menu-cost model, Journal of Economics (Zeitschrift für Nationalökonomie), 1998, 68(3), 295-309, (with Jakob Madsen)
  31. Learning, reputation and entry deterrence: A chain-store game with correlated entrants, International Journal of Industrial Organization, 1996, 14, 561-573
  32. Litigation, experimentation and reputation, International Review of Law and Economics, 1996, 16(4), 491-502
  33. Unionized oligopoly, labor-management cooperation and international competitiveness, Journal of Economics (Zeitschrift für Nationalökonomie), 1995, 62(1), 33-53
  34. Simultaneous advertising as a signal of product quality, Australian Economic Papers, 1994, 33(63), 186-199
Publications: Chapter in book and conference proceedings
  1. A note on inverted yield curve and recession, Papers and Proceedings for 2010 International Conference on E-Business, Management and Economics (ICEME 2010), pp. 72-75 (with Henry Wang)
  2. The Microeconomics, Chapter 1 in Economics, February 2008, edited by Shunfeng Song and Zuohong Pan, China Renmin University Press (with Henry Wang)
  3. Short-run shutdown price and supply curve: A comment, Conference Papers and Proceedings for the 12th Annual Teaching Economics Conference, 2001, pp. 188-190 (with Henry Wang)
  4. To curve or not to curve?  Conference Papers and Proceedings for the 11th Annual Teaching Economics Conference, 2000, pp. 268-279.  (with Henry Wang)

Back to the top   | Back to Bill Yang's Homepage