JOHN H. HUSTON Department of Economics Trinity University One Trinity Place San Antonio, Texas 78212-7200 Phone: (210) 999-8471 Fax: (210) 999-7255 E-mail: jhuston@trinity.edu EDUCATION: Ph.D. Economics, University of Wisconsin, August 1983. M.A. Economics, University of Wisconsin, May 1981. B.A. Economics, Carleton College, June 1978. Employment: Trinity University Department Chair, 2006 - Present Full Professor, 1997 - Present Department Chair, 1994-1997 Associate Professor, 1989-1997 Assistant Professor, 1983-1989 Christensen Associates, Madison, WI Econometric modeling of electricity demand, 1982-1983 University of Wisconsin Head Teaching Assistant, 1980-1982 Teaching Assistant, 1978-1980 Awards and Honors: Winner of the Dr. And Mrs. Z.T. Scott Faculty Fellowship 2007. The Scott Fellowship is Trinity University s highest award for excellence in teaching and advising. Faculty Development Committee Summer Research Stipend, Trinity University, 1998. Southern Economic Association Nominating Committee, 1994. R.R. Witt Faculty Fellow, Trinity University, 1985-1987. Graduate Excellence in Teaching, University of Wisconsin, Spring 1982. Economics Department, Distinguished Teaching Assistant, University of Wisconsin, Fall 1981. Economics Department, Outstanding Teaching Assistant,
University of Wisconsin, Spring 1981. Economics Department, Distinguished Teaching Assistant, University of Wisconsin, Fall 1980. Books: The Federal Reserve and the Bull Markets: From Benjamin Strong to Alan Greenspan co-authored with Roger Spencer. Edwin Mellen Press, New York, 2006. Online Publications: Are U.S. Equities Undervalued? New Evidence From A Federal Reserve Model coauthored with Roger Spencer, Seeking Alpha, Jun 25, 2012. Journal Articles: The Bernanke Fed and Transparency: Evidence from the Futures Market coauthored with Roger Spencer and Erika G Hsie forthcoming Eastern Economic Journal. The Taylor Rule and Volatile Economic Conditions coauthored with Roger Spencer and Dan Walz International Journal of Economic Issues, Jan-June 2012. Influential Macromonetary Publications and Economists, coauthored with Roger Spencer and Rachel Branyan, The American Economist, Vol. 53, No. 2 Fall 2009, pp. 107-122. Speculative Excess and the Federal Reserve s Response coauthored with Roger Spencer, Studies in Economics and Finance, Vol. 26 No. 1 2009, pp. 1086-7376. Federal Reserve Policy and the Natural Rate of Unemployment, coauthored with Roger Spencer, The International Journal of Economic Issues, Vol. 1. No, 1, June 2008 International Monetary Policy: A Global Taylor Rule co-authored with Roger Spencer, International Advances in Economic Research, Volume 11, Number 2, May 2005, pp. 125-134. "Quality Uncertainty and the Internet: The Market for Cyber Lemons" co-authored with Roger Spencer, American Economist, 2002, Vol. 46, No.1 pp. 50-60.
The Taylor Rule and Three Monetary Regimes co-authored with Roger Spencer, Studies in Economics and Finance, 2002, Vol. 21 pp 81-107. "The Scholarly Output of Economists: A Description of Publishing Patterns" co-authored with Joe C. Davis and Debra Moore Patterson, Atlantic Economic Journal, 2001, Vol. 29, No.3. The Meaning of Size: Scale? Scope? Capacity? The Case of Airline Hubs co-authored with Richard Butler, Review of Industrial Organization, 1999, Vol. 14, No. 1 pp. 51-64. Monetary Lags: Changing or Constant, co-authored with Roger W. Spencer, Journal of Business and Economic Perspectives, 1998, Vol. 24, No. 2, pp.81-94.. Reputation Versus Influence: The Evidence From Textbook References, co-authored with William Breit, The Eastern Economic Journal, Fall 1997, Vol. 23, No. 4, pp. 451-56. Build it and They Will Come: An Empirical Investigation, coauthored with Roger W. Spencer, Midwestern Journal of Business and Economics, Winter 1997, Vol. 10, No.3, pp. 9-23. "FOMC Anti-Inflation Policy: A Quicker Trigger or Nothing New," coauthored with Roger W. Spencer, Studies in Economics and Finance, Spring 1997, Vol. 17, No.2, pp. 25-49. "$9.99: Can 'Just-Below' Pricing Be Reconciled with Rationality," co-authored with Nipoli Kamdar, The Eastern Economic Journal, Spring 1996, Vol. 22, No. 2, pp. 137-146. "Right-to-Work Laws and Union Density: New Evidence from Micro Data," co-authored with Joe C. Davis, Journal of Labor Research, Spring 1995, Vol. 16, No. 2, pp. 223-229. "Competitive Inflation Forecasting," co-authored with Roger W. Spencer, Journal of Business and Economic Perspectives, Fall 1994, pp. 59-64. "Rational Forecasts: On Confirming Ambiguity as the Mother of Conformity," co-authored with Roger W. Spencer, Journal of Economic Psychology, December 1993, Vol. 14, No. 4, pp. 697-709. "Airline Hubs in the Single European Market: A Benchmark Analysis," co-authored with Richard V. Butler, The Review of Industrial Organization, August 1993, Vol. 8, pp. 407-417. "Right-To-Work Laws and Free Riding," co-authored with Joe C. Davis, Economic Inquiry, January 1993, Vol. 31, No. 1,
pp. 52-58. "The Shrinking Middle Class: A Multivariate Analysis," co-authored with Joe C. Davis, Eastern Economic Journal, Summer 1992, Vol. 18, No. 3, pp. 277-285. "Counting the Working Poor," co-authored with Joe C. Davis, Southern Economic Journal, April 1991, Vol. 57, No. 4, pp. 1144-1147. "The Location of Airline Hubs," co-authored with Richard V. Butler, Southern Economic Journal, April 1991, Vol. 57, No. 4, pp. 975-981. "Airline Service to Non-Hub Airports Ten Years After Deregulation," co-authored with Richard V. Butler, Logistics and Transportation Review, March 1990, Vol. 26, No. 1, pp. 3-16 "Merger Mania and Airline Fares," co-authored with Richard V. Butler, Eastern Economics Journal, Spring 1989, Vol. XV, No. 1, pp. 7-16. "How Contestable Are Airline Markets?," co-authored with Richard V. Butler, Atlantic Economic Journal, June 1989, Vol. 17, No. 2, pp. 27-35. "The Effects of 'Fortress Hubs' on Airline Fares and Service: The Early Returns," co-authored with Richard V. Butler, Logistics and Transportation Review, September 1988, Vol. 24, No. 3, pp. 203-213. "Risk and Income Distribution," co-authored with Roger W. Spencer and John J. Sciortino, Journal of Economic Psychology, Fall 1988, Vol. 9. pp. 399-408. "Rational Expectations, Discounted Cash Flows, and the Cost of Equity Capital," co-authored with Dan Walz, Journal of Business and Economic Perspectives, Spring 1988, Vol. 14, pp. 45-54. "Perceived Risk and the Precautionary Demand for Money," coauthored with John J. Sciortino and Roger W. Spencer, Journal of Economic Psychology, Spring 1987, Vol. 8, pp. 339-346. "A Reexamination of the Cost Structure for Specialized Motor Carriers," co-authored with Laurits R. Christensen, Logistics and Transportation Review, December 1987, Vol. 23, pp. 339-351. Benefits and Costs of Human Vaccines in Developed Countries: An Evaluative Survey, co-authored with Burton Weisbrod, published by the Pharmaceutical Manufacturers Association, Washington D.C., July 1983.
Papers Presented at Professional Meetings (These papers were presented by myself, by my co-author or as a team.) Housing and Behavioral Factors coauthored with Roger Spencer was presented by Dr. Spencer at the Western Economic Association International Meetings in San Francisco, July 2012 Monetary Policy Effectiveness and the Housing Market coauthored with Roger Spencer was presented by Dr. Spencer at the Western Economic Association International Meetings in San Diego, July 2011 The Taylor Rule and Volatile Economic Conditions coauthored with Roger Spencer and Dan Walz Western Economic Association International Meetings in Portland Oregon, July 2010. Monetary Policy and Bull Markets: The Federal Reserve s Response to Speculative Excess written with Roger Spencer, Southern Economic Association in Charleston, November 17-21, 2006. The Federal Reserve and Non-Equity Financial Assets written with Roger Spencer, International Trade and Finance Association, in Lodz, Poland, May 10-13, 2006. Stock Market Activity and the Greenspan Fed written with Roger Spencer, International Economic Conference in Berlin, March 15-19, 2006. "The Federal Reserve, the Stock Market and the New Economy" written with Roger Spencer, Western Economic Association in San Francisco, July 2001. "International Monetary Policy: a Global Taylor Rule" written with Roger Spencer, Western Economic Association in San Francisco, July 2001. An Empirical Analysis of Contemporary Auction Markets: The Market for Cyber Lemons with Roger Spencer, Western Economic Association Meetings, July 2000. The Taylor Rule and Federal Reserve Actions, with Roger Spencer, Western Economic Association International meetings, July 1999.
The Evolution of Competition Among Airline Hubs with Richard V. Butler, Southern Economic Association meetings, November 1998. "Monetary Lags: Constant or Changing" with Roger W. Spencer, Western Economic Association International meetings, July 1996. "FOMC Anti-Inflation Policy: A Quicker Trigger or Nothing New" with Roger W. Spencer, Western Economic Association International meetings, July 1995. "The Size of Airline Hubs: Capacity, Scope Economies and Service Levels," with Richard Butler, Southern Economic Association meetings, November 1995. "The Phenomenon of $9.99: Can 'Just Below' Pricing be Reconciled with Rational Consumers?", with Nipoli Kamdar, Southern Economic Association meetings, November 1995. "The Determinants of Airline Hub Capacity: Implications of 'Second Banana' Hubs," with Richard V. Butler, Southern Economic Association meetings, November 1994. "Right-to-Work Laws and Union Density: New Evidence from Micro Data", with Joe C. Davis, Western Economic Association International meetings, June 20-24, 1993. "An Analysis of Sports Franchise Location, co-authored with Roger W. Spencer was presented at the Western Economic Association International meetings, June 20-24, 1993. "Inflation Forecasting" was Presented by my co-author, Roger Spencer, at the Western Economic Association International meetings July 1991 "The Location of Airline Hubs in Post 1992 Europe" Southern Economic Association meetings, November 1990. "Right-to-Work Laws and Free Riding," with Joe C Davis, Western Economic Association meetings, June 1989 "The Location of Airline Hubs," with Richard V. Butler, Southern Economic Association meetings, November 1989.
"Right-to-Work Laws and Free Riding," with Joe C Davis, Southwestern Economic Association meetings, March 1988 "Airline Service to Non-hub Airports Ten Years After Deregulation" with Richard V. Butler, Southern Economic Association meetings, November 1988. "The Effects of 'Fortress Hubs' on Airline Fares and Service: The Early Returns," with Richard V. Butler, Southern Economic Association meetings, November 1987. "Right-to-Work Laws and Free Riding," with Joe C Davis, Southwestern Economic Association meetings, March 1987 "Actual Competition vs. Contestabiltiy: How Much Monopoly Power do Airline Mergers Confer?," with Richard V. Butler, Southern Economic Association meetings, November 1986. "How Contestable Are Airline Markets?," with Richard V. Butler, Southern Economic Association meetings, November 1985. Benefits and Costs of Human Vaccines in Developed Countries: An Evaluative Survey, with Burton Weisbrod, American Economic Association meetings, December 1984. "Motor Carrier Costs, Competition and Contestability," Southwestern Economic Association meetings, March 1984. August 2012