1985 - Present Courses Taught Undergradu<strong>at</strong>e courses taught: Micro principles. Macro principles. Business st<strong>at</strong>istics. Intro to political economy. Aggreg<strong>at</strong>e economic analysis. M<strong>at</strong>hem<strong>at</strong>ical economics. Pedagogy - Dissert<strong>at</strong>ion Committees Year Type Description 2008 - 2010 Dissert<strong>at</strong>ion Committees Dissert<strong>at</strong>ion committee member, Humayun Zafar, Inform<strong>at</strong>ion Systems, UTSA, 2008-2010. 2004 - 2009 Dissert<strong>at</strong>ion Committees Pedagogy - Other Teaching Activity Dissert<strong>at</strong>ion committee member: Umesh Kumar, Finance, UTSA 2008-2009. Paramita Bandyopadhyay, Finance, UTSA 2005-2006. Sinan Yildirim, Finance, UTSA, 2005-2006. Ju Xiang, Finance, UTSA, 2004-2005. Year Type Description 1990 - Present Other Teaching Activity Gradu<strong>at</strong>e and undergradu<strong>at</strong>e independent study and internship courses. Pedagogy - <strong>The</strong>sis Committee Chair Year Type Description 2004 - 2004 <strong>The</strong>sis Committee Chair MA <strong>The</strong>sis chair: Jacob Kells, <strong>Economics</strong>, UTSA, 2004. Research Interests - Research Interests Economic theory, econometrics, quant/m<strong>at</strong>h methods Journal Public<strong>at</strong>ions - Journal Article - Refereed Journal Westerlund, J., S. Mahdavi, F. Firoozi, "<strong>The</strong> tax-spending nexus: Evidence from a panel <strong>of</strong> U.S. st<strong>at</strong>e-governments", Economic Modeling, 2011, 28, 885-890. Firoozi, F., D. Lien, S. Mahdavi, and L. de la Vina, “A linear model test <strong>of</strong> sufficiency for non-orthogonality <strong>of</strong> m<strong>at</strong>rices”, Advances and Applic<strong>at</strong>ions in St<strong>at</strong>istics, 2011, 22(2), 119-127. Firoozi, F. and D. Lien, “On capital structure and entry deterrence”, Handbook <strong>of</strong> Quantit<strong>at</strong>ive Finance and Risk Management, 2010, 1, 1381-1390. Bao, Y., F. Firoozi, and M. Lo, “A Monte Carlo power comparison <strong>of</strong> the classical and one-sided procedures for testing linear inequalities”, Journal <strong>of</strong> Quantit<strong>at</strong>ive <strong>Economics</strong>, 2008, 6(1&2), 233- 239. Lien, D. and F. Firoozi, “Offshore bidding and currency futures”, Intern<strong>at</strong>ional Journal <strong>of</strong> Business and <strong>Economics</strong>, 2008, 7(2), 125-136. Beladi, H., C. Co, and F. Firoozi, “<strong>The</strong> link between domestic R&D and inflow <strong>of</strong> FDI: A gametheoretic analysis”, Pacific Economic Review, 2008, 13(2), 209-222. Firoozi, F., D. Hollas, R. Rutherford, and T. Thomson, “Property assessments and inform<strong>at</strong>ion asymmetry in residential real est<strong>at</strong>e”, Journal <strong>of</strong> Real Est<strong>at</strong>e Research, 2006, 28(3), 275-291. Beladi, H., L. de la Vina, and F. Firoozi, “On inform<strong>at</strong>ion value and mean-preserving transform<strong>at</strong>ions”, Applied M<strong>at</strong>hem<strong>at</strong>ics Letters, 2006, 19, 843-848.
Firoozi, F. “On the martingale property <strong>of</strong> economic and financial instruments”, Intern<strong>at</strong>ional Review <strong>of</strong> <strong>Economics</strong> and Finance, 2006, 15, 87-96. Firoozi, F. and J. Merrifield, “An optimal timing model <strong>of</strong> w<strong>at</strong>er realloc<strong>at</strong>ion and reservoir construction”, European Journal <strong>of</strong> Oper<strong>at</strong>ional Research, 2003, 145, 165-174. Beladi, H., and F. Firoozi, “ FDI and factor intensity: A classical view”, Keio Economic Studies, 2001, 38(1), 17-31. Firoozi, F., D. Truett, and L. Truett, “<strong>The</strong> role <strong>of</strong> taxes in the IS-LM model: An extension and policy implic<strong>at</strong>ions”, Southwestern Journal <strong>of</strong> <strong>Economics</strong>, 2000, 3, 35-59. Firoozi, F., “A note on sufficient conditions for an inverse rel<strong>at</strong>ionship between productivity and employment”, Quarterly Review <strong>of</strong> <strong>Economics</strong> and Finance, 1999, 39, 573-74. Firoozi, F., “Multin<strong>at</strong>ional FDI and uncertainty: A reply”, Journal <strong>of</strong> Multin<strong>at</strong>ional Financial Management, 1998, 8(4), 455-456. Firoozi, F., “On the second-best foreign investment policy and p<strong>at</strong>tern <strong>of</strong> commodity trade”, American Economist, 1998, 22 (1), 34-41. Firoozi, F., “Multin<strong>at</strong>ional FDI and uncertainty: An exposition”, Journal <strong>of</strong> Multin<strong>at</strong>ional Financial Management, 1997, 7(3), 265-273. Firoozi, F., “Protectionism under free trade”, Southwestern Journal <strong>of</strong> <strong>Economics</strong>, 1996, 1, 17- 26. Firoozi, F., and J. Merrifield, “A dynamic model <strong>of</strong> ground w<strong>at</strong>er restor<strong>at</strong>ion with acceler<strong>at</strong>or constraint”, Applied M<strong>at</strong>hem<strong>at</strong>ical Modelling, 1995, 19, 173-181. Merrifield, J., and F. Firoozi, “Renewable resource use: Transition from capture to alloc<strong>at</strong>ion and optimal stock recovery”, Journal <strong>of</strong> Environmental Management, 1995, 44, 195-211. Firoozi, F., “On the competitive response to technological advance”, American Economist, 1995, 2, 61-64. Firoozi, F., “External debt, time preference, and nontraded goods in a two-sector dynamic model <strong>of</strong> consumption”, Open Economies Review, 1995, 6, 167-178. Firoozi, F., “Policy toward intern<strong>at</strong>ional capital and labor flows under free trade and complete specializ<strong>at</strong>ion”, Journal <strong>of</strong> Economic Integr<strong>at</strong>ion, 1994, 9(3), 312-326. Firoozi, F., “Technological advance and hedging decisions in unbiased futures markets”, Journal <strong>of</strong> <strong>Economics</strong> and Business, 1994, 46(3), 215-225. Firoozi, F., “A general model <strong>of</strong> policies toward intern<strong>at</strong>ional flows <strong>of</strong> capital and labor”, Economic Modelling, 1994, 11(3), 330-339. Firoozi, F., “Sufficient conditions for inverse rel<strong>at</strong>ionship between productivity and employment”, Quarterly Review <strong>of</strong> <strong>Economics</strong> and Finance, 1994, 34(3), 301-307. Firoozi, F., “Intern<strong>at</strong>ional factor flow policy under free trade between diversified economies”, Intern<strong>at</strong>ional Review <strong>of</strong> <strong>Economics</strong> and Finance, 1993, 2(4), 387-401. Firoozi, F., “A comparison <strong>of</strong> the procedures for testing joint inequality hypotheses”, Journal <strong>of</strong> Quantit<strong>at</strong>ive <strong>Economics</strong>, 1993, 9(1), 73-84. Firoozi, F., “A transform<strong>at</strong>ion <strong>of</strong> the inequality-constrained linear model”, Linear Algebra and Its Applic<strong>at</strong>ions, 1990, 133, 153-163. Present<strong>at</strong>ions - Conference Present<strong>at</strong>ion or Paper - Conference - Reviewed Intern<strong>at</strong>ional Western Economic Associ<strong>at</strong>ion, July 2011, <strong>San</strong> Diego, presented “On the orthogonality <strong>of</strong> m<strong>at</strong>rices in stochastic contexts”. Chair and discussant. Western Economic Associ<strong>at</strong>ion, July 2007, Se<strong>at</strong>tle, presented “Orthogonality and partial correl<strong>at</strong>ion”. Western Economic Associ<strong>at</strong>ion, July 2004, Vancouver, presented “Is Domestic R&D a factor in FDI inflow?” Chair and discussant.
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