Vita
Walter J. Mayer
Department
of Economics
University of Mississippi
University, MS 38677
Phone: Office (662) 915-5980
E-Mail: wmayer@econ.olemiss.edu
Associate Professor of Economics, University of Mississippi, 1993 to present.
Assistant Professor
of Economics, University of
Mississippi, 1987 to 1993.
Education
Ph.D., Economics, University of Florida, 1986
Dissertation: “Generalized Econometric Models and Methods for Markets in Disequilibrium.” Directed by S.R. Cosslett and G.S. Maddala.
M.A., Economics, University of Florida, 1983
B.A., Economics, University of Missouri-St. Louis, 1982
Applied and Theoretical Econometrics
Econometrics (Ph.D. and MA levels)
Mathematical Statistics (Ph.D. level)
Business Statistics (undergraduate and MBA levels)
Current Research Projects
“Semiparametric Estimation of a Disequilibrium Panel Data Model with Fixed Effects: An Application to Navy Recruits”
“Maximum
Score Estimation of Binary Choice Panel Data Models with Sample Selection: an
Application to Navy Officer Retention”
Publications
"Detection of Spurious Maxima through Random Draw Tests and Specification Tests,” with R.E. Dorsey. Computational Economics, 2000, Vol. 16, pp.237-256.
"Specification
Versus Data Fitting: SEM Prediction and the Q-Class Estimator,"
with N.K. Womer, and R.S, Cantrell,
Journal of Forecasting,
1999, 18, pp.73-99.
"An
Extension of the Maximum Score Estimator for Disequilibrium Models,”
Economic
Letters, 1999, 64-2,
pp.
143-149
"Maximum Score Estimation of Disequilibrium Models and
the
Role of Anticipatory Price-Setting," with R.E. Dorsey, Journal
of
Econometrics, 1998, Vol. 87,
pp.
1-24
"Genetic
Algorithms for Estimation Problems with Multiple Optima,
Nondifferentiability,
and Irregular Features," with R.E. Dorsey, Journal of Business
and
Economic Statistics, 1995, 13, pp.53-66.
"Optimization
utilizing Genetic Algorithms," with R.E. Dorsey, Advances in
Artificial Intelligence in Economics, Finance and
Management,1994,
1, pp.69-91.
"A
Genetic Algorithm for Training Feedforward Neural Networks," with
R.E.Dorsey and J.D. Johnson, Advances in Artificial Intelligence in
Economics,Finance and Management, 1994, 1,
pp.93-111.
"An
Empirical Analysis of the Choice of Payment Method in Corporate
Acquisitions
During 1979-1990," with M.M. Walker, Quarterly Journal of
Business
and Economics, 1996, 35, pp.48-65.
"The
Puzzling Effect of Money Shocks on Interest Rates," with Panita
Piya-Oui
and O. Felix Ayadi, Journal of Applied Business
Research,
1996, Spring.
"Entry, Exit, and Industry Performance," with W.F. Chappell and W.F. Shughart, Journal of Economics, 1995.
"Firm
Heterogeneity and Production Flexibility: Evidence
from Price-Cost Margins of
Large
and Small Firms," with W.F. Chappell and W.F. Shughart,
Bulletin of
Economic Research, 1993, 45, pp.229-
244.
"Determinants
of Entry and Exit: An
Application
of the Compounded Bivariate Poisson Distribution to U.S.
Industries,"
with W.F. Chappell, Southern
Economic
Journal, 1992, pp.770-778.
"The
Impact of Unionization on the Entry of Firms:
Evidence from U.S. Industries," with W.F. Chappell and M.S.
Kimenyi,
Journal of Labor Research, 1992, 13, pp.273-283.
"Union Rents and Market Structure Revisited," with W.F. Chappell and W.F. Shughart, Journal of Labor Research, 1991, 12, pp.35-46.
"A
Poisson Probability Model of Entry and Market Structure with an
Application to
U.S. Industries During 1972-77," with W.F. Chappell,
and M.S. Kimenyi, Southern Economic Journal, 1990,
56,
pp.918-927.
"Estimating Disequilibrium models with Limited A Priori Price-Adjustment Information," Journal of Econometrics, 1989, 41, pp.303-320.
Papers Presented at Conferences
“Maximum Score Estimation of Binary Choice Panel Data Models with Sample Selection: an Application to Navy Officer Retention” 2002 North American Meeting of the Econometric Society, held at UCLA.
"A
Two-Step Semiparametric Estimator for Switching Regression Models".
1999 North American Meeting of the Econometric Society,
University of Wisconsin.
"A
Two-Step Semiparametric Estimator for Switching Regression Models".
1998 Midwest Econometrics Group Meeting,
Indiana University.
"Genetic
Algorithms for Estimation Problems with Multiple Optima,
Non-Differentiability,
and Other Irregular Features." with R.E. Dorsey,
1992 North American
Meeting of the Econometric Society, University of Washington.
Awards
Best Publication (Annual Award), School of Business Administration: 1989, 1995, 1999
Grants
“Disequilibrium Models of Enlistment Supply and
Recruiting.” Office of Naval
Research, 2001-2003.
"Officer
Retention: An Analysis of Binary Panel Data
using Semiparametric Methods."
Office of Naval Research, 1998-2001.
“A
Two-Step Semiparametric Estimator for Switching Regression Models," Hearin Foundation, 1998.