CURRICULUM VITAE, ABBREVIATED

MARK JOSEPH PERRY

Professor of Finance and Business Economics

School of Management                                           

The University of Michigan-Flint                         

4173 William W. White Building       

Flint, MI 48502-1950                    

Office Phone: 810-424-5413                     

email: mjperry@umich.edu                                                                                               

Website: http://www.umflint.edu/~mjperry

Graduate Education

George Mason University, Fairfax, VA

Ph.D. in Economics May 1993.  GPA: 3.9

Fields: Monetary Economics and Industrial Organization

George Mason University, Fairfax, VA

M.A. in Economics May 1990.  GPA: 3.9

University of Minnesota, Minneapolis MN

Curtis L. Carlson School of Management

MBA in Finance June 1987.  GPA: 3.8

Doctoral Dissertation

"Macroeconomic Applications of ARCH Models"

Chairman: Dr. Kevin B. Grier, Ph.D.

Academic Experience, Full Time

University of Michigan-Flint

Associate Professor of Finance, 2003-present

Associate Professor of Economics, 2002-present

Assistant Professor of Economics 1996-2002

Assistant Professor of Economics and Finance

College of Business, Jacksonville University, 1993-1996

Taught Graduate MBA, Executive MBA, and undergraduate classes in economics and finance.

Restricted Faculty Appointment, Visiting Assistant Professor

Department of Economics, George Mason University, 1991-1993.

Taught undergraduate and graduate courses in finance and economics

Classes Taught

Undergraduate (16)

ECN 201 -      Principles of Macroeconomics

ECN 201 -      Online Class

ECN 202 -     Principles of Microeconomics

ECN 314 -      Money, Banking and Financial Markets

ECN 342 -      Econometrics

ECN 360 -     International Economics

BUS 361 -     Financial Management

ECN 391 -      Directed Reading in Economics

ECN 394 -      Directed Research in Economics

BUS 398 -      Russia: An Economy in Transition

ECN 451 -      Business Economics

BUS 466 -      International Finance

BUS 468 -      Financial Markets and Institutions

ECN 469 -      Managerial Economics

HON 495 -    Senior Honors Seminar on Globalization

ECN 495 -      Honors Thesis I

ECN 496 -      Honor Thesis II

Graduate (5)

MGT 551 -    Business Economics, Traditional MBA Program

MGT 551 -    Business Economics, NetPlus! MBA Program

MGT 561 -    Corporate Finance

ECN 580 -     Quantitative Methods for Public Administration

MGT 599 -    Special Topics: Global Financial Markets and International Business

International Teaching (2)

2005 - Alliance Business Academy, taught graduate classes in Managerial Economics and International Finance

1999 - International Academy of Business and Banking, now Togliatti Academy of Management, taught undergraduate class in Economics

Research Articles (22)

Published Journal Articles (20)

"An Examination of Investor Reaction to Unexpected Political and Economic Events in Turkey," (with T. Nas and S. Mehdian), forthcoming in the Global Finance Journal, Volume 18, 2007

"The Effect of Globalization on Efficiency Change, Technological Progress and the Productivity Growth of U.S. Small and Large Banks," (with S. Mehdian and R. Rezvanian), forthcoming in the  North American Journal of Finance and Banking Research, 2007

"Does Monetary Policy Signal Future Economic Risk?  Investigating the Link between Monetary Policy Shocks and Stock Returns" (with T. Caporale), Alliance Journal of Business Research, Spring 2006

"A Test of U.S. Equity Market Reaction to Surprises in an Era of High Volatility" (with R. Ajayi and S. Mehdian), Applied Financial Economics, March 2006

"An Examination of Investor Reaction to Unexpected Political and Economic Events in Turkey" (with S. Mehdian and T. Nas), Turkish Economy in a Changing World: Papers on Economic Growth, Trade, Finance and Economic Policies, Volume 1: Selected Proceedings on the First International Conference on Business, Management and Economics, 2005

"The Day-of-the-week Effect in Stock Returns: Further Evidence from Emerging Markets of Eastern Europe" (with R. Ajayi and S. Mehdian), Emerging Markets Finance and Trade, July-August 2004

"An Analysis of Day-of-the-Week Effects in the Egyptian Stock Market" (with S. Mehdian and H. Aly), International Journal of Business, Summer 2004

"An Examination of Day-of-the-Week Regularities and Variations in Intra-Month Returns and Their Higher Moments in the Futures Market," (with R. Aggarwal and S. Mehdian), American Business Review, June 2003

"Anomalies in U.S. Equity Markets: Re-examination of the January Effect" (co-authored with S. Mehdian), Applied Financial Economics, February 2002

"Turkish Inflation and Real Output Growth: 1963-2000" (with T. Nas), Russian and East European Finance and Trade Journal, Special Issue on "Financial Markets, Disinflation Policies and Economic Restructuring in Turkey," Volume 37, No. 6, November-December 2001

"The Reversal of the Monday Effect: New Evidence from U.S. Equity Markets" (with S. Mehdian), Journal of Business, Finance and Accounting, September/October 2001

"Real Exchange Rate Uncertainty and International Trade: A Study of Aggregate Imports in the G-7 Countries" (with T. Rapp), Journal of Economics and Business Studies, Spring 2001

"Inflation and Output Growth in Turkey, 1963-1999" (with T. Nas) in Topics in Middle Eastern and North African Economies, Proceedings of the Middle East Economic Association, 2001

"Inflation and Inflation Uncertainty in Turkey: 1960-1998," (with T. Nas), Contemporary Economic Policy, April 2000 

"The Effects of Real and Nominal Uncertainty on Inflation and Output Growth: Some GARCH-M Evidence" (with K. Grier), the Journal of Applied Econometrics, Jan/Feb 2000

"Inflation and Inflation Uncertainty in Turkey" (with T. Nas), Topics in Middle Eastern and North African Economies, Proceedings of the Middle East Economic Association, Vol. 1 September 1999

"An Analysis of the Monday Effect: Evidence from International Equity Markets" (with S. Mehdian), Journal of Research in Finance, Winter 1999

"On Inflation and Inflation Uncertainty in the G-7 Countries" (with K. Grier), Journal of International Money and Finance, August 1998

"Inflation, Inflation Uncertainty and Relative Price Dispersion: Evidence from Bivariate GARCH-M Models" (with K. Grier), Journal of Monetary Economics, December 1996

"The Effect of Money Shocks on Interest Rates in the Presence of Conditional Heteroskedasticity" (with K. Grier), Journal of Finance, September 1993

Book Chapters (1)

"Turkish Inflation and Real Output Growth: 1963-2000" (with T. Nas), Chapter 8 in "Inflation and Disinflation in Turkey," Edited by A. Kibritcioglu, L. Rittenberg and F. Selcuk, Ashgate Publishing Co, 2002

Working Papers (1)

"A Cross-Industry Analysis of Investors' Reaction to Unexpected Market Surprises: The Cass of NASDAQ Sector-Indices" (with S. Mehdian).

Research Papers Presented (15)

"An Examination of Investor Reaction to Unexpected Political and Economic Events in Turkey," presented at the Allied Social Sciences Associations, Boston, MA, January 7, 2006

"An Examination of Investor Reaction to Unexpected Political and Economic Events in Turkey," (with T. Nas and S. Mehdian), presented at the International Conference on Business, Management and Economics in a Changing World, Cesme, Turkey, June 18, 2005

"A Test of U.S. Equity Market Reaction to Surprises in an Era of High Volatility" (with R. Ajayi and S. Mehdian), presented at the International Conference on Business, Banking and Finance, St. Augustine, Trinidad sponsored by the University of the West Indies, April 28, 2004

"An Analysis of Day-of-the-Week Effects in the Egyptian Stock Market," Conference on Financial Developments in Arab Countries, April 2, 2003, Abu-Dhabi, UAE

"Monetary Policy, Interest Rates, and Uncertainty as Risk Factors in an Arbitrage Pricing Theory Model for Stock Returns: A Bivariate GARCH-M Approach," presented at the Southern Economic Association meeting, November 25, 2002

"Monetary Policy, Interest Rates, and Uncertainty as Risk Factors in an Arbitrage Pricing Theory Model for Stock Returns: A Bivariate GARCH-M Approach," presented at the University of Western Michigan, November 1, 2002

"An Analysis of Day-of-the-Week Effects in the Egyptian Stock Market," presented at the Midwest Finance Association meetings in Chicago, IL, March 2002

"Inflation, Inflation Uncertainty, and Output Growth in Turkey: 1963-1999," presented at the American Economic Association meetings in New Orleans, LA, January 2001

"An Analysis of the Monday Effect: Evidence from International Equity Markets," presented at the Eastern Finance Association meetings, Miami Beach, FL, April 1999

"The Reversal of the Monday Effect: New Evidence from U.S. Equity Markets," presented at the Midwest Finance Association meeting, Nashville, TN, March 1999

"Inflation, Inflation Uncertainty and Monetary Policy in Turkey: 1960-1998", presented at the American Economic Association meetings in New York City, January 1999

"Inflation, Inflation Uncertainty and Stabilization: Some Evidence on the Costs of Inflation," presented at the Southern Economic Association, New Orleans, November 1995

"The Effects of Uncertainty on Macroeconomic Performance: Some Bivariate GARCH-M Evidence," presented at the annual meeting of the Southern Economic Association, Orlando, November 1994

"Inflation, Inflation Uncertainty and Relative Price Dispersion: Evidence from Bivariate GARCH-M Models," presented at the annual meeting of the Southern Economic Association, New Orleans, November 1993

"The Effects of Money Shocks on Interest Rates in the Presence of Conditional Heteroskedasticity," presented at the annual meeting of the Southern Economic Association, Washington, D.C., November 1992

Journal Referee Assignments (20)

North American Journal of Economics and Finance, 2007

African Journal of Business Management, 2007

Alliance Journal of Business Research, 2006

Alliance Journal of Business Research, 2005

International Review of Economics and Finance, 2005

The Manchester School, 2005

The Alliance Journal of Business Research, 2005

Journal of Economic Dynamics and Control, 2004

Review of Economics and Statistics, 2003

Journal of Money, Credit and Banking, 2003

Contemporary Economic Policy, 2002

International Journal of Business, 2001

The Financial Review, 2001

Journal of Macroeconomics, 2001

Journal of Money, Credit and Banking, 2000

Economic Journal, 1999

Journal of Money, Credit and Banking, 1999                              

Southern Economic Journal, 1998

Contemporary Economic Policy, 1998                                         

Journal of Macroeconomics, 1996

Speeches and Presentations (52)

Local, statewide, and international presentations at various banks, Rotary Clubs, Kiwanis Clubs, real estate organizations, public policy seminars, college groups and seminars, investment company seminars, alumni groups, etc. 

Radio Appearances (34)

Appeared on local, state, and national radio programs to discuss economic and financial issues.

Editorial Publications (94)

Ninety-four editorial publications on economic and finance issues published nationally and internationally in USA Today, Investor's Business Daily, Detroit Free Press, Detroit News, Miami Herald, Sacramento Bee, Pittsburgh Tribune-Review, Hartford Courant, Charlotte Observer, Columbus Dispatch, Centre Daily Times (PA), Flint Journal, Providence Journal, Pueblo Chieftain, Savannah Morning News, Traverse City Eagle,  Duluth News Tribune, Albany Times Union, San Jose Mercury News, Fort Worth Star Telegram, Salt Lake City Tribune, Oakland Press, Milwaukee Journal-Sentinel, St. Paul Pioneer Press, Spokane Spokesman-Review, Dallas Morning News, Arizona Daily Star, Pittsburgh Post-Gazette, Augusta (GA) Chronicle, Ann Arbor News, Lansing State Journal, El Comerico (Lima, Peru), Florida Times-Union, Tallahassee Democrat, and Tampa Tribune. 

Newspaper Quotations (74)

Quoted more than seventy times on economic and finance issues in the New York Times, Wall Street Journal, Flint Journal, Investors Business Daily, Detroit News, Detroit Free Press, Boston Globe, and LA Times.

Television Appearances (42)

More than forty appearances as an expert commentator on TV news programs. 

Boards and Advisory Committees (2)

Mackinac Center for Public Policy, Midland, Michigan.  Board of Scholars, 1996-present

Americans for Tax Reform, Washington D.C. Cost of Government Day Board of Advisors, 1997-2000

Service (34)          

Current and past service on more than thirty University of Michigan-Flint committees, task forces, and commissions

Doctoral Dissertation Committees (1)

Thesis Advisor for Master's of Public Administration students (9)

Directed Independent Studies (3)

Directed Economics Honors Theses (3)

Textbook Reviews for Publishers (12)

Economics Principles & Practices, Chapter Reviews

for Glencoe/McGraw-Hill Publishers, July 2006

International Finance, by Eun and Resnick, 4th Edition, Chapter Reviews and Study Guide Review

for McGraw-Hill Irwin, 2005

Money and Banking, by Stephen Cecchetti, Chapter Reviews

for McGraw-Hill Irwin, October 2004

Economic Tools to Make and Understand Human Decisions by Joseph McGarrity

for M.E. Sharpe, Inc., June 2004

Case Studies for Industrial Organization and Managerial Economics,

for South-Western Publishing, July 2003

Money and Banking, by Lloyd Thomas,

for South-Western Publishing, June 2003

Money and Banking, by Stephen Cecchetti,

for McGraw-Hill Higher Education, May 2002

Money and Banking, 1st Edition, by Lloyd Thomas,

for South-Western Publishing Company, September 2001

Money, Banking and Financial Markets, 6th Edition, by Frederic S. Mishkin

for Addison, Wesley and Longman, December 1999 

Economics: Principles and Practices by Gary Clayton

for McGraw-Hill, August 1999

Economics: Private Markets and Public Choice by Ekelund and Tollison, 6th edition,

for Addison, Wesley and Longman, May 1999

Economic Logic for publication in its first edition in 1999

for Skousen Publishing, Spring 1999