Economics Professors Present Research
Posted on Thursday, April 27, 2006
Dr. Rita Akin, assistant professor of economics, and Dr. Daniel Fischmar, professor of economics and business, presented their research, "Shock and Causation Across Asset Classes" at the Midwest Economics Association Conference in Chicago.
"The paper examined whether futures and spot markets for foreign exchange interact in a predictable fashion," Fischmar said. "Though both the futures and spot markets follow a random walk, we found that they have a common, predictable trend component."
Akin, who has been with Westminster College since 2003, earned her undergraduate degree from Lafayette College and a master's and Ph.D. from the University of California, Santa Cruz.
Fischmar, who has been with Westminster College since 1975, earned his undergraduate degree and master's from Roosevelt University and Ph.D. from Southern Illinois University.
Contact Akin at (724) 946-7163 or e-mail akinrm@westminster.edu or Fischmar at (724) 946-7162 or e-mail fischmde@westminster.edu for more information.
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