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Kimberly Clausing, Associate Professor of Economics


Kim Clausing came to Reed in 1996. She received her B.A. from Carleton College, and her Ph.D. from Harvard University. She teaches international trade, international macroeconomics, public economics, and the history of economic thought. Her most recent research has examined the interactions between U.S. multinational firms' operations abroad and international trade. Previous research studied the economic effects of free trade areas. Kim spent the 1999-2000 academic year as a Fulbright Scholar in Brussels, Belgium. Prior to coming to Reed, she worked at the Council of Economic Advisers in 1994-1995, as a staff economist specializing in international economic policy. In addition, she has worked on tax policy issues at the Congressional Budget Office.

Representative Papers:

"Tax-Motivated Transfer Pricing and U.S. Intrafirm Trade Prices". August 2001. Forthcoming, Journal of Public Economics.


"Trade Creation and Trade Diversion in the Canada-United States Free Trade Agreement." Canadian Journal of Economics, 34(3), August 2001, 677-696.


"Intrafirm Trade in a Gravity Equation Model." February 2002. Under review.


"The Impact of Transfer Pricing on Intrafirm Trade". in James R. Hines, Jr., ed. International Taxation and Multinational Activity. 2001. Chicago: U of Chicago Press. 173-94.


"Customs Unions and Free Trade Areas." Journal of Economic Integration, 15(3), September 2000, p.418-435.


"Does Multinational Activity Displace Trade?" Economic Inquiry, 38(2), April 2000, p.190-205.


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Noelwah Netusil, Associate Professor of Economics

Noel Netusil came to Reed in 1990. She received her B.S. from Allegheny College and her Ph.D. from the University of Illinois at Urbana-Champaign. Noel specializes in environmental and natural resource economics. She also teaches courses in public sector economics, law and economics and industrial organization. Current research projects include evaluating the impact of proximity to open spaces on a home's sale price in Portland. Past research has included an analysis of cost-effective approaches for controlling nonpoint (diffuse) source pollution from agriculture and an analysis of the economic impacts of mining activities in the Humboldt River Basin of northern Nevada.

Representative papers:

Huzar, E.J., N. R. Netusil and W.D. Shaw. 2001. Contingent Valuation of Some Externalities from Mine Dewatering Journal of Water Resources Planning and Managment, 127(6): 369-377.

Lutzenhiser, M. and N.R. Netusil. 2001. "The Effect of Open Space Type on a Home’s Sale Price: Portland, Oregon." Contemporary Economic Policy, 19 (1): 291-298.

Netusil, N.R. and J.B. Braden. 2001. "Transaction Costs and Sequential Bargaining in Transferable Discharge Permit Markets." Journal of Environmental Management, 61(3): 253-262.

B. Bolitzer and N.R. Netusil. 2000. "The Impact of Open Spaces on Property Values in Portland, Oregon." Journal of Environmental Management, 59:185-193.

Netusil, N.R. 2000. "Variations on a Theme: The Double-Oral Auction Market Experiment and Voluntary Contribution Mechanism Experiment." Review of Agricultural Economics 22, 1: 268-285.

Huszar, Eric, W. Douglass Shaw, Jeff Englin, and Noelwah R. Netusil. 1999. "Recreational Damages from Reservoir Storage Level Changes." Water Resources Research 35, 11: 3489-3494.

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Jeffrey Parker, George Hay Professor of Economics


Jeff Parker came to Reed in 1988 after teaching at the University of Houston. He received his Ph.D. in economics from Stanford University in 1981. His major field of interest is macroeconomics, with special emphasis on labor-market issues and unemployment. He teaches macroeconomic theory, monetary and fiscal policy, economic growth, econometrics and the economics of science and technology at Reed. His published research includes papers on structural unemployment, inflation uncertainty and the determinants of student enrollment decisions at liberal-arts colleges. Current research focuses on the connection between education and labor-market flexibility and the implications that this has for aggregate unemployment. Jeff has published several instructional works and software packages, including the study guide for one of the leading introductory economics texts, which is now in its sixth edition. He has also lectured nationally on the application of laboratory experiments to the teaching of economics.

Representative papers:

"Financial Markets Are Inevitably at Sub-Optimal Equilibria," forthcoming, Computational Economics (with S. Joshi and M. Bedau).

"A Prisoner=s Dilemma Causes Technical Trading," Santa Fe Institute Working Paper #98B12B115, 1998, under revision for Journal of Economic Dynamics and Control (with S. Joshi and M. Bedau).

"Technical Trading Causes a Prisoner's Dilemma: Results from an Agent-Based Model," forthcoming in Computational Finance, ed. by Y. S. Abu-Mostafa, B. LeBaron, A. W. Lo, and A. S. Weigend, Cambridge MA: MIT Press, 1999 (with S. Joshi and M. Bedau).

"Comment on Teaching in a Multimedia Computer Classroom: Lessons from an Econometrics Course," Journal of Economics Education 30:3, Summer 1999, 321B22.

"Tuition and Enrollment Yield at Selective Liberal-Arts Colleges," Economics of Education Review 12:4, December 1993, 311-24 (with Jeffrey Summers).

"Structural Unemployment: The Effects of Interindustry and Interregional Dispersion," Economic Inquiry 30:1, January 1992, 101-116.

"Inflation Uncertainty, Real-Interest Rate Uncertainty and the Liquidity Premium on Government Bonds," Financial Review 26:4, November 1991, 459-477 (with Oded Palmon).


Jim Stewart, Thormund A. Miller and Walter Mintz Assistant Professor of Economic History


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Last Updated: August 6, 2002