CURRICULUM VITAE-FREDERICK H. WALLACE



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CURRICULUM VITAE-FREDERICK H. WALLACE PERSONAL INFORMATION División de Ciencias Sociales y Económico-Administrativas Universidad de Quintana Roo Blvd. Bahía s/n, esq. I. Comonfort col. del Bosque Chetumal, Quintana Roo México C.P. 77019 Rice University. 1987. Ph.D. in Economics EDUCATION Texas Christian University. 1976. M.A. in Economics Citizenship: USA e-mail: fwalla@uqroo.mx website: web.uqroo.mx/fwalla skype address: mexwallace3 Texas Christian University. 1974. B.A. in Economics and Political Science PROFESSIONAL EXPERIENCE August 15, 2011 to May 31, 2012. Visiting Professor, University of Minnesota at Morris. April 28, 2008 to present. Profesor-Investigador de Economía, Titular B. Universidad de Quintana Roo, Chetumal, Quintana Roo, Mexico. On leave August 1, 2011- July 31, 2012. August 22, 2005 to April 27, 2008. Profesor-Investigador de Economía, Titular A. Universidad de Quintana Roo, Chetumal, Quintana Roo, Mexico. September 1, 2004 to August 30, 2006. Associate Professor of Economics. Prairie View A&M University, Prairie View, Texas. On leave 2005-2006. August 15, 2002 to June 30, 2004. Profesor-Investigador, Universidad de Quintana Roo, Chetumal, Quintana Roo, México. August 15, 2001 to August 14, 2002. Economist, Northern Economics, Anchorage, Alaska. October 1, 1999 to August 6, 2001. Profesor Asociado in the Escuela de Economía, Universidad de Guanajuato. Guanajuato, México July 1, 1992 to June 30, 1999. Associate Professor of Economics (with tenure). Appalachian State University, Boone, North Carolina. September 1998 to December 1998. International Exchange Scholar, Secretaría de Comercio y Fomento Industrial, Mexico City, Mexico July 1986 to June 1992. Assistant Professor of Economics. Appalachian State University, Boone, North Carolina.

F. Wallace 2 August 1983 to May 1985. Instructor of Economics. Texas A&M University at Galveston, Galveston, Texas February 1978 to August 1979. Associate Planner and Manpower Planning Analyst. North Central Texas Council of Governments. Arlington, Texas. August 1976 to February 1978. Industrial Engineer. Justin Boot Company. Fort Worth, Texas. OTHER PROFESSIONAL ACTIVITIES Member, Plagiarism Committee, Research Papers in Economics (RePEc). Since 2012. Member, Journal Evaluation Committee-National Science and Technology Council of Mexico (Consejo Nacional de Ciencia y Tecnología, CONACyT). Since 2012. November 1, 2009 to July 2012. Affiliated Professor, CENTRUM Católica, Pontificia Universidad Católica de Perú. January 1, 2009 to present. Member, Sistema Nacional de Investigadores Nivel II, Mexico January 1, 2001 to December 31, 2008. Sistema Nacional de Investigadores Nivel I, Mexico August 1, 1998 to December 31, 1998. International Exchange Scholar, Secretaría de Comercio y Fomento Industrial, México. Mexico s Commerce and Industrial Development Ministry, since renamed Secretaría de Economía. Member, Editorial Council of EconoQuantum since 2007 Member, Advisory Committee of Journal of CENTRUM Cathedra since 2011 Member: American Economic Association RESEARCH AND TEACHING INTERESTS Business Cycles, Money and Economic Activity, Exchange Rates, Macroeconomic Theory, Monetary Theory, Economic Growth COURSES TAUGHT (in English except as indicated) Principles-Macroeconomics Principles-Microeconomics Intermediate Macroeconomics (Spanish, Eng.) Money and Banking Environmental Economics Intermediate Microeconomics (Spanish) Advanced Macroeconomics (Spanish) Economic Growth (Spanish, Eng.) Econometrics (Spanish) Statistics

F. Wallace 3 PUBLICATIONS-REFEREED JOURNAL ARTICLES Cointegration Tests of Purchasing Power Parity, forthcoming, Review of World Economics. The PPP Hypothesis and Structural Breaks: The Case of Mexico, forthcoming, Empirical Economics, with Manuel Gómez Zaldívar and Daniel Ventosa Santaulària. Testing for a Nonlinear Fisher Relationship, Economics Bulletin, 32 (March 4, 2012) (1) 823-829. Further Evidence Regarding Nonlinear Trend Reversion of real GDP and the CPI, Economics Letters, 112 (July 2011) 56-59. (With Gary Shelley) La Paridad del Poder de Compra en México, 1930-1960, El Trimestre Económico, LXXIX (July-September, 2011) 675-693. (with Fernando Cabrera and Gary Shelley) Purchasing Power Parity in Mexico: A Historical Note, Applied Economics Letters, 18 (March 2011) (4) 349-352. Pruebas de Cointegración de Paridad de Poder de Compra, EconoQuantum, 4 (2008) (2) 7-25. (with René Lozano and Fernando Cabrera). International Co-movement of Dollar Inflation Rates, The Empirical Economics Letters, 7 (November 2008) 1057-1062. (with Gary Shelley) Nonlinear Unit Root Tests of PPP Using Long-horizon Data, Economics Bulletin, 6 (2008) 1-8. Long Run Neutrality of Money in Mexico, Economía Mexicana. Nueva Época, XVI (2007) (2) 219-238. (with Gary Shelley). An Alternative Test of Purchasing Power Parity, Economics Letters, 92 (August 2006) (2) 177-183 (with Gary Shelley). Long-Run Effects of Money on U.S. Consumption and Investment Expenditures, International Journal of Applied Economics, 3 (March 2006) (1) 71-88 (with Gary Shelley). Long Run Money Neutrality: The Case of Guatemala, Latin American Journal of Economic Development, 5 (October 2005) 127-138. The Relation Between U.S. Money Growth and Inflation: Evidence from a Band-pass Filter, Economics Bulletin, 5 (2005) (8) 1-13. (with Gary Shelley). Pruebas de la Neutralidad Monetaria a Largo Plazo: El Caso de Nicaragua, El Trimestre Económico, 71 (July-September 2004) (3) 613-624. (with Gary Shelley and Fernando Cabrera). Reprinted in Monetaria, XXVII (October-December 2004).

F. Wallace 4 Inflation, Money, and Real GDP in Mexico: A Causality Analysis, Applied Economics Letters 11 (March 2004) (4) 223-225. (with Gary Shelley). The Effects of Shock Size and Type on Labor Contract Duration, Journal of Labor Economics, 19 (July 2001) 658-681. Long-run Neutrality of Money in the Mexican Economy, Applied Economics Letters, 6 (October 1999) (10) 637-640. Tests of the Money-Output Relation Using Disaggregated Data, The Quarterly Review of Economics and Finance, 38 (1998) (4) 863-873. (with Gary Shelley) A Reexamination of Mishkin s Neutrality Test, Journal of Economics and Business, 47 (August 1995) (3) 255-266. (with Gary Shelley) The Effects of Real and Nominal Shocks on Union-firm Contract Duration. Journal of Monetary Economics, 27 (June 1991) (3) 361-380. (with Herminio Blanco) The Neutrality of Optimal Government Financial Policy: Supplying the Intergenerational Free Lunch: A Comment. Eastern Economic Journal, 15 (April-June 1989), 147-150. OTHER PUBLICATIONS AND REPORTS Ensayos de Economía Regional, edited by René Lozano Cortés, Frederick H. Wallace, and Luis Fernando Cabrera, Plaza y Valdes: Mexico, D.F. (2010). Los Servicios Económicos de los Mangles: Una Aplicación a Chetumal,Quintana Roo, in Ensayos de Economía Regional, edited by René Lozano Cortés, Frederick H. Wallace, and Luis Fernando Cabrera, Plaza y Valdes: Mexico, D.F. (2010) (con René Lozano Cortés). Hyperinflation and the Superneutrality of Money in Nicaragua, pp. 34-60 in Desarrollo Regional y Globalización, edited by Christine Carton Madura, Universidad Autónoma de Ciudad Juárez: Juárez, Mexico, 2009. (with Gary Shelley). Measuring Expenditure Needs and Public Safety Transfers in Mexico, Annals of the University of Petrosani, Economics 9, (2009), 77-86. (with Fernando Cabrera and Maribel Lozano) La Neutralidad Monetaria a Largo Plazo en Guatemala, Perspectivas: Revista de Análisis de Economía, Comercio, y Negocios Internacionales, II (2) (2006) 112-133. (with Fernando Cabrera) The Regional Concentration of Manufacturing in Mexico, in Latin America's New Millennium, Business Association of Latin American Studies Proceedings, New Orleans, 1999, 431-439. (with Decio de María)

F. Wallace 5 Quality of Life in Northwestern North Carolina: Results from a Survey of Residents. Funded by the Broyhill Institute for Business Development at Appalachian State University. (with J. Paul Combs), 1992. Poverty in Northwest North Carolina: A Fresh Look. Funded by the Broyhill Institute for Business Development at Appalachian State University. (with J. Paul Combs and Jean-Pierre Courbois), 1991. CURRENT RESEARCH Monetary Neutrality and Superneutrality, Purchasing Power Parity, Economic Valuation of Mangrove Ecosystems, Economic Growth in the Mexican States WORKING PAPERS Is the Real Effective Exchange Rate Biased against the PPP hypothesis? with Manuel Gómez Zaldívar and Daniel Ventosa Santaulària REFEREE SERVICES Journal of Institutional and Theoretical Economics, Applied Economics, Journal of Macroeconomics, Journal of International Money and Finance, Economía: Teoría y Práctica, EconoQuantum, Ensayos: Revista de Economía, Estudios Económicos, Economía Mexicana: Nueva Época CONFERENCES ORGANIZED XVII Coloquio Mexicano de Economía Matemática y Econometría. Universidad de Quintana Roo, May 21-25, 2007. Chetumal, Quintana Roo. Co-organizer Desarrollo y Crecimiento Económico: Una Visión Regional. Universidad de Quintana Roo, November 30-December 1, 2006. Cozumel, Quintana Roo. Co-organizer EXTERNAL FUNDING Consejo Nacional de Ciencia y Tecnología-$95,000 (Mexican pesos) Purchasing Power Parity Studies. June 1, 2007-May 31, 2008 Programa de Mejoramiento del Profesorado de Educación Superior-$30,000 (Mexican pesos) Travel grant for Purchasing Power Parity Studies. January 1, 2008-December 31-2009 SELECTED CONSULTING PROJECTS Comparison of Shipping Costs by Port and Transportation Mode. Developed estimates of container shipping costs between Tacoma and three Alaskan ports; Anchorage, Seward, and Whittier; and assessed trucking and rail costs for transporting a container from Seward or Whittier to Anchorage. Study prepared for the Port of Anchorage.

F. Wallace 6 Western Alaska Community Development Quota Study. Developed per capita and per household income data for selected years for sixty-five communities. Prepared for the Alaska Department of Community and Economic Development. Gravina Access Project: Economic Impact Assessment-Draft. Contributed to the assessment of the economic impacts of proposed bridge and ferry service alternatives between Gravina and Revilla Islands in southeast Alaska. Developed estimates of displacement costs, traffic impacts, and potential allision costs for the project. Prepared for the Alaska Department of Transportation and Public Facilities. Socioeconomic and Environmental Impacts of Paving Gravel Roads. Developed and wrote the socioeconomic portion of the study on low-volume, gravel and paved roads in Alaska. Included sections on traffic safety and the economic impact of paving operations on local communities and the state. Prepared for the Alaska Department of Transportation and Public Facilities.

F. Wallace 7 REFERENCES Dr. Daniel Ventosa Santaulària Department of Economics Centro de Investigación y Docencia Económica Carretera México-Toluca 3655 Col. Lomas de Santa Fe, Deleg. Alvaro Obregón C.P. 01210, México, D.F. (52) 55-5727-9800 ext. 2723 e-mail: daniel@ventosa-santaularia.com Dr. Gary L. Shelley Department of Economics and Finance College of Business East Tennessee State University PO Box 70686 Johnson City, Tennessee 37614 (423) 439-4202 e-mail: SHELLEY@mail.etsu.edu Dr. Manuel Gómez Zaldívar Department of Economics and Finance Universidad de Guanajuato Fraccionamiento 1, Col. El Establo S/N Guanajuato, Guanajuato C.P. 36250, México (52) 473-735-2900 Ext. 2831, e-mail: manuel.gomez@ugto.org Dr. Timothy Perri Department of Economics Walker College of Business Appalachian State University Boone, North Carolina 28608 (828) 262-2148 e-mail: perritj@gmail.com