Curriculum Vita

Transcription

1 Curriculum Vita )נסים בן דוד ) Ben-David Name: Nissim I.D. Number: Place and Date of Birth: Israel, 1959 Marital Status: Married + 3 Permanent Home Address: Ben Gurion 40, Zichron Yaakov, Israel Academic Degree: Associate Professor (Ph.D.) Electronic Address: nissimb@yvc.ac.il, nissim11@matav.net.il Internet web site: Phone: , Fax Number: Academic Degrees Institution Degree Date Department Field of Study Period Granted Tel-Aviv B. A 1984 Economics Economics University Tel-Aviv M. A 1986 Economics Economics University Tel-Aviv University Ph.D Economics Economics

2 3. Academic Appointments Associate Professor 2/5/2009, Department of Economics, Emek Israel Academic College Senior Lecturer: 4/2/2003, Department of Economics, Emek Israel Academic College. 4. Academic Posts Chair of Economics and management Department and a member of the academic council at Emek Yezreel Academic College Membership in editorial board of Israel Economic Review Member of Editorial Board of Journal of Money, Investment and Banking, EuroJournals, Member of Editorial Advisory Board of The Open Economics Journal, Bentham Science Publishers, Head of Economics and Logistics programs and a member of the academic council at Western Galilee College Member of the economics department staff during , Department of Economics, Haifa University Lecturer at M.H.A programs in Haifa University and at Western Galilee Academic college. In the past, lecturer in: B.A and M.A Economics in Haifa University M.B.A program in Haifa University Heriot Watt MBA Program (Ramat Gan College) Benthumi (Interdisciplinary) Center Marine Academic College The Open University Rupin, Economics, Business, and Engineering departments Tel Aviv Academic College. Tel-Hai Academic College 2

3 5. Research Grants, etc. Golan Flowers Research Budget with Uri Benzion, Gregory Yomdin, Steinmitz ניתוח מחירים ותזמון של הספקת פרחי ( 2007 Yehiel and zugman Zinaida December משרד המדע והטכנולוגיה (ספארי-סנסט מרמת הגולן לבורסות הפרחים בהולנד Open University Book writing budget (Econometrics 2002, Labor Economics 2004). Sapir Institute - Research grant with Avner Bar-Ilan Golda Meir Institute - Research grant with Yoram Weiss [Committee for Common Funds]- A grant for M.A Thesis Teaching experience Basic Microeconomics (Introductory Economics 1) - B.A Economics Basic Macroeconomics (Introductory Economics 2) - B.A Economics Macroeconomic 1- B.A Economics Macroeconomic 2- B.A Economics Macroeconomic Issues - B.A Economics The Isareli Economy 1- B.A Economics The Israeli Economy 2 - B.A Economics Seminar: The Israeli economy - B.A Economics Microeconomics 1 - B.A Economics Microeconomics 2 - B.A Economics Introductory to Finance (Finance 1) - B.A Economics Welfare Economics - B.A Economics Labor Economics - B.A Economics Econometrics - B.A Economics Applied Econometrics - M.A Economics Health Economics - Public Health (M.H.A) Public Economics - M.B.A International Economics - B.A Economics Advanced finance and portfolio investments - M.A program for accountants (*) All courses were given at the Economic Departments, unless mentions otherwise 3

4 7. Teaching Awards Best lecturer for the year 2005/2006 Tel Hai Academic College. Best lecturer for the year 2003/2004 Tel Hai Academic College. Best lecturer for the year 2001/2002 Haifa University Best lecturer for the year 2001/2002 Tel Hai Academic College. Best lecturer for the year 1998/1999 W. Galilee Academic College. Best lecturer for the year 1998 M.B.A Studies Ramat Gan Academic College (Heriot Watt University). 8. Consulting Activities Consultant for Haifa Bureau of Commerce. 9. Managerial Positions Head of credit department for Metal and Electronics in Bank Hapoalim Central Management Head of macroeconomics and Labor Department in the Israeli Labor Organization Treasurer of Moshav Idan 10. Theses A. Ph.D. Dissertation Title: "The Effect of Business Cycles and Immigration on the Transition Probabilities in the Labor Market". Language: Hebrew 151 pp (1995), Tel-Aviv University. Supervisors: Prof. Weiss Yoram, Prof. Ekstein Zvi and Prof. Fishelson Gidon. B. M.A Thesis Title: The Effect of Income Distribution on Economic Growth, (1986) Tel-Aviv University. Supervisors: Prof. Eckstein Zvi. 4

5 11. List Of Publications Papers in Refereed Journals 1. Ben David, N., Benzion, U., Ofir, E. and Spanier, E. (March 2012),A Model for Estimating Fish Population in Lakes and Rivers, Applied Economics, Volume 44, Issue 9, pages , Impact Factor Elias Amiram, Ben David Nissim, Ben Zion Uri, Sheaffer Zachary (2012), First- Day and Yearly Yield Following Initial Public Offering in Israel , Spanish Journal of Economics and Finance (CESJEF), vol.34 núm 96, Ben David Nissim, Levkovitch Liran and Skalka Eshel, (2012) Do Natural phenomena's affect stocks' yield in Israel?, Applied Financial Economics, 22, , Impact Factor Ben David Nissim (2012), Predicting housing prices according to expected future Interest rate, Accepted for publication in Applied Economic Letters, Impact Factor Ben David, N (2012), Government policy and the minimization of the social loss function, Accepted for publication in Journal of Policy Modeling, Econmodels. 6. Ben david Nissim and Tavot Tchahi (2011) An Empirical test of "Put Call Parity", Applied Financial economics, vol. 21(22), pages , Impact Factor Ben David, N, (2010), Do Labor Income Data Published in Israel Reflect Reality, Economic Quarterly, לכלכלה (Hebrew) ,3,הרבעון Impact Factor: Not reported. 8. Ben David Nissim (2012) Answer to the criticism of Itzhaki and Peleg on my paper " Ben David, N, (2010), Do Labor Income Data Published in Israel Reflect,הרבעון לכלכלה (Hebrew), Reality, Accepted for publication in Economic Quarterly Impact Factor: Not reported. 9. Ben David Nissim, Khan Yehudit and Yovav Eshet (2012), Relationship Between Migrant Status and Subjective Poverty in Morocco and Egypt, Accepted for publication in The American Journal of Social and Management Sciences. Impact Factor: Not reported. 10. Ben David, N (May 2011),Using Labor Market Stocks to Identify Labor Market Flows Modern Economy, Vol. 2, No. 2, pp , Impact Factor: New journal, still calculating. 11. Ben David Nissim and Tavor Tchahi (2011), Optimal Allocation of the Public Budget, International Journal of Social Economics, Vol. 38 Iss: 3, pp , Impact Factor Ben David, N (2011), Causality among New York, London, Tokyo and Hong Kong Stock Markets, Australian Journal of Business and Management Research, Vol.1 No.4, , Impact Factor: New journal, still Calculating. 5

6 13. Ben david Nissim and Ben David Evyatar (2011), Does the Capital Asset Pricing Model Really Work? The Journal of Prediction Markets, Volume 5, Number 1, May 2011, pp (5) Impact Factor Ben david Nissim and Ben David Evyatar (2011), Estimating Soccer Results in the Israeli League, The Journal of Gambling Business and Economics, Volume 5, Number 2, September 2011, pp Impact Factor Ben David Nissim and Shaor Tal (2011), Would an Increase in the Psychometric Entrance Threshold Score Improve Success in the Social Sciences at the B.A.,הרבעון לכלכלה (Hebrew) Level? Accepted for publication in Economic Quarterly Impact Factor: Not reported. 16. Bendavid, N. (2010) "A Technique for Gradual Identification of Labor Market Flows", Computational Economics, Volume 36, Number 4, , Impact Factor Ben David, N (2010) Is the Israeli Economy Controlled by a Tiny Group of Common Interest Members, international journal of Social Economics, Vol. 37 No. 7, , Impact Factor Ben David Nissim (2010) A Model for Estimating the Probabilities of Winning, Reaching a Tie, or Losing in a Soccer Game, The Journal of Gambling Business and Economics Vol 4 No 3 pp 13-19, Impact Factor Bendavid, N. (2010) "An Iteration Process for Calculating Labor Market Flows", Applied Economics , Volume 42, Issue 29, Pages , Impact Factor Bendavid, N. (2010) Government Policy to Reduce Pollution Emissions within the Overlapping Generations Model ", Applied Economics, Volume 42, Issue 23 September 2010, pages , Impact Factor Ben David, N (2009), Forecasting the Dow Jones rate of Change by Using Vector Auto- Regression, The Journal of Prediction Markets, 4 1, 1-5, Impact Factor Ben David, N., Benzion, U and Saadon, Y.(2011) "Estimation of Central Bank Interest Decision as a Dichotomous Variable" Accepted for publication in International Journal of Economic Perspectives, (IJEP), Impact Factor: Not reported. 23. Bendavid, N. (2009) "A Technique for Calculating Labor Market Flows", Economics Letters, Vol. 104, No. 2. (August 2009), pp , Impact Factor Bendavid, N. and Sharabi Moshe (2009)" Commuting and its effect on work decisions" Accepted for publication in International Journal of Economic Perspectives, Volume 3, Issue 3, , Impact Factor: Not reported. 6

7 25. Ben David, N., Benzion, U. (July 2009), Smoking Prevalence among Jews and Arabs in Israel " International Journal of Social Economics ".Vol. 36, Iss: 7, pp , Impact Factor Ben David, N., Benzion, U. (2009) Factors Effecting Smoking Tendency and Smoking Intensity, Health Education, Vol. 109 No. 3, , Impact Factor: Not reported. 27. Bendavid, N. (2009) "Supply and Demand Factors in the Housing market Gitam Journal of Management, April-June, Volume 7, number 2, pages 33-40, Impact Factor: Not reported. 28. Bendavid, N. (2009) Economic Growth and its Effect on Public Health" International Journal of Social Economics ".Vol. 36, Iss: 3, pp , Impact Factor Bendavid, N. (2009), "Efficiency Aspects of Increasing Inheritance Taxes While Decreasing Income Taxes", Applied Economics, Volume 41, Issue 26 December 2009, pages , Impact Factor Publications in Last rank started here 30. Ben David, N., Benzion, U., Saadon, Y. and Shiffer, Z. (2008) "Asymmetric Preferences and the Central Bank's Interest Rate", Journal of Money Investment and Banking", Issue 5, pp Bendavid, N. (2008) "An Indicator for Internalization of Analyst's Recommendations by Investors", Journal of Behavioral Finance, Vol. V, No. 3, pp Bendavid, N. (2007) "Does Wage Effects Participating Probability in the Labor Force", International Journal of Economic Perspective (IJEP), Volume 1,Issue 4, pp Bendavid, N. (2007), "The Cyclical Behavior of Highly Qualified and Low Qualified Workers in the Labor Market", International Research Journal of Finance and Economics, Issue 10; pp Bendavid, N. (2007), "Economic Changes that Effect the Probability of Success in R&D", European Journal of Economics, Finance and Administrative Sciences, Issue 8, pp Bendavid, N. (2007), "An Algorithm for Evaluating the Distribution of Labor Turnover", Research Journal of International Studies, Issue 6; pp Bendavid, N. (2007) The Effect of Business Cycles on Transition Probabilities in the Labor Market", The Journal of American Academy of Business, Cambridge, Volume 11, Number 1, pp

8 37. Bendavid, N. (2007) Economic growth and its effect on income distribution", The Journal of Economic Studies Vol. 34; pp , Impact Factor Bendavid, N. (2007) "Why Do We Ignore the Best Solution for Improving Unequal Income Distribution?, International Journal of Social Economics, Volume 34, Number 6, pp , Impact Factor Bendavid, N. (April 2007) "Be Careful Of Analysts' Recommendations to Buy", The International Journal of Economic Perspectives, Volume 1, Issue 1, pp Bendavid, N. (January 2007) "Unemployment Benefits, Welfare Benefits and the Unemployment Rate", International Research Journal of Finance and Economics, pp Bendavid, N. (2007)" Two Sectors Economy and the Effects of Pollution on Economic Growth", Business Review, Cambridge, Volume 7, Number 1, pp Bendavid, N. (2007) "The Effect of Wage Differences on the Cyclical Behavior of the Two Genders in the Labor Market", Journal of American Academy Of Business, Cambridge, Volume 11, Number 2, pp Ben-David, N (Dec 2006) "Economic Growth in an Economy with Many Categories of Capital", The Business Review, Cambridge, volume 6, Number 2, pp Ben-David, N (2005) "The Separation Rate Cannot Be Exogenous", Applied Economic Letters, Volume 12, Issue 15, pages , Impact Factor Bar-Ilan A. and N. Ben-David (1996) An Algorithm for Evaluating the Number of Controls in Trigger Target Models, Journal of Economics Dynamics and Control, Impact Factor (*) Reported Impact Factor is according to IDEAS/RePEc Simple Impact Factors for Journals Working Papers 46. Bar-Ilan A. and N. Ben-David (1997) Dynamics of R&D and Investments in Israel", The Pinhas Sapir Center for Development, Tel-Aviv University. 47. N. Ben-David and Weiss, Y (October 1994) The Effect of Business cycles and Immigration on Labor Market Flows in Israel, Golda Meir Institute for Social & Labor Research, working paper 75. 8

9 12. Outstanding paper award Winning the 2008 awards for excellence of Emerald Literati Network My paper "Economic Growth and its Effect on Income Distribution" Published in 2007 in Journal of Economic Studies was chosen by consultation amongst Journal's editorial team as one of the most impressive pieces of work the team has seen through out Refereed Books 1. Bendavid. N, Kim, M and Shmueli.A (2002) "Econometric Methods 1" (Hebrew) Published by the Open University. 518 pages. 2. Bendavid. N and Kim, M (2002) "Econometric Methods 2" (Hebrew) Published by the Open University. 383 pages. 3. Bendavid, N. Tilmen, A and Y. Weiss (2006) "Labor Economics Unit 1: Labor Supply" (Hebrew) Published by the Open University. 49 pages. 4. Bendavid, N. Tilmen, A and Y. Weiss (2006) "Labor Economics Unit 2: Household Production, the Family and Life Cycle" (Hebrew) Published by the Open University. 72 pages. 5. Bendavid, N. Tilmen, A and Y. Weiss (2006) "Labor Economics Unit 3: Investing in Human Capital" (Hebrew) Published by the Open University. 55 pages. 6. Bendavid, N. Tilmen, A and Y. Weiss (2006) "Labor Economics Unit 4: Compensating Wage Differentials" (Hebrew) Published by the Open University. 97 pages. 14. Papers Submitted in Refereed journals 1. Ben David, N., Benzion, U. (2012) Heterogeneous Population, Economic Growth and Income Distribution" Growth and Change 2. Ben david Nissim and Ben David Evyatar (2011), Does Beta Define Real Stocks' Risk?, quantitative finance. 3. Ben David Nissim, Berko Adi and David Idit (2010) Factors that affect the feeling of happiness in Israel, International Journal of Humanities and Social Science. 4. Ben David Nissim and Winer Zvi (2012) The Effect of Net Foreign Assets on Saving Rate, Journal of Economic Growth 9

10 15. Textbooks, Books, Booklets Bendavid, N. (2006) "Advanced Econometric Methods" 300 pages. (Hebrew) Bendavid, N, Kim, M and Zimerman, E (1998) Econometric Methods. (Hebrew) 16. Papers in Non Refereed Journals 1. Bendavid, N. (2009) "Unemployment Benefits, Welfare Benefits and the Unemployment Rate" Research in the Emek. (Hebrew) 2. Bendavid, N. (2008) "Why Do We Ignore the Best Solution for Improving Unequal Income Distribution?" Research in the Emek. (Hebrew) 3. Bendavid, N. (2007) "An Indicator for Internalization of Analyst's Recommendations by Investors" Research in the Emek. (Hebrew) 4. Bendavid, N. (2006) "Be Careful of Analysts Recommendation to Buy" Research in the Emek. (Hebrew) 5. Bendavid, N. (2005) Economic growth and its effect on income distribution", Research in the Emek. (Hebrew) 6. Ben David Nissim (2005) "Why Do We Ignore the magical solution to Improvement of income distribution?", Western Galilee Web Journal". (Hebrew) 7. Ben David Nissim (2005), "Indexes for measuring economic activity in Haifa and the North", The Haifa Bureau of Commerce", 202 Pages. (Hebrew) 8. Ben David Nissim (1989), "Reasons for Reduction in Profits and in Capital Accumulation", Quarterly Bulletin of Labor and Society (Hebrew). 11

11 17. Activities as a referee Public Choice Applied Economics Journal of Economic studies Applied Economic letters International Journal of Social Economics International Review of Financial Analysis Science Israeli Fund הרבעון לכלכלה Economic quarterly Technion Graduate School (Israel) Israel Science Foundation (ISF) The Open Economics Journal Ben Gurion University (Israel) Haifa University (Israel) The Ministry of Science and Technology Euro-Asian Economic Review סוגיות חברתיות בישראל 18. Papers presented at Conferences Ben david Nissim and Evyatar Ben David (2012) " Does Beta Define Real Stocks' Risk?, 5th Annual International Conference on Mediterranean Studies, 4-7 April 2012, Athens, Greece Ben david Nissim (2011) "Predicting Housing Prices According to Expected Future Interest Rate" Computational Statistics & Data Analysis, December 2011 London England. 11

12 Ben david Nissim (2011) " Economic Growth and its Effect on Income Distribution" Shanghai International conference on Social Science, Aug 2011 Shanghai China. Ben david Nissim (2011) " Economic Growth and its Effect on Income Distribution" The 2nd Annual Conference of ESPAnet Israel Social Policy in Israel: Research, Theory and Practice, Emek Yezreel Academic College. Ben david Nissim and Ben David Evyatar (2010), Estimating Soccer Results in the Israeli League "International Conference on Statistics and Society, July 2010, Beijing, China Nissim Ben David (2009), Unemployment Benefits, Welfare Benefits and the Unemployment Rate, Yearly Research Symposium Emek Yezreel Academic College. Ben david Nissim (2009) Retirement, Planning, and Social Security in Interesting Times 11th Annual Conference of the Retirement Research Consortium, Washington, DC. Nissim Ben David (2008), Why Do We Ignore the Best Solution for Improving Unequal Income Distribution? Yearly Research Symposium Emek Yezreel Academic College. Bendavid, N. (2007) "An Indicator for Internalization of Analyst's Recommendations by Investors" Yearly Research Symposium Emek Yezreel Academic College. Ben-David, N (2006) "Economic Growth in an Economy with Many Categories of Capital", Istanbul Conference, 2006 JAABC. Bendavid, N. (2006) "Be Careful of Analysts Recommendation to Buy" Yearly Research Symposium Emek Yezreel Academic College. Ben-David, N (2006) "The Effect of Wage Differences on the Cyclical Behavior of the Two Genders in the Labor Market", 2006 International Symposium on Contemporary Labor Economics, Xiaman China. Bendavid, N. (2005) Economic growth and its effect on income distribution", Yearly Research Symposium Emek Yezreel Academic College. 12

13 Nissim Ben David (2005) " Economic Growth and its Effect on Income Distribution", Symposium on Privatization and globalization in Israel, Western Academic College, Israel. 19. Guidance of thesis At the M.A Economics program of Haifa University and the Technion and at the M.H.A program of Haifa University. 20 Academic Profiles My major fields of interest and research are econometrics, finance, macro-economics, economic growth and labor economics. Currently, I teach macroeconomics, econometrics and finance. Since 2009 I'm the chair of economics and management department at Emek Yezreel Academic College. Most of my published papers were written by me as a sole writer. My published research in labor economics includes several theoretical papers on labor market flows and the effect of benefits, gender and qualifications on unemployment and on worker mobility. My papers extend the existing literature in the field of search models by adding the possibility of analyzing various kind of workers (while in existing literature all workers are homogenous), and by endogenizing the separation rate, which in many existing papers is assumed to be exogenous. I have also published a formal proof showing that the separation rate cannot be exogenous. I developed a technique that enables to calculate labor market flows by using labor market stocks at the beginning and at the end of each time period. Such a technique can be very useful for statistical agencies as well as for researchers. My published research in macroeconomics includes a theoretical model and an empirical examination of the desired government policy needed for the minimization of the social loss function. In another paper I criticized the reliability of labor income data published in Israel. My research includes another paper suggesting a theoretical model for optimal allocation of the public budget. I published with others two papers that discusses the central bank interest decisions. My research in Economic Growth includes the extension of the overlapping generation model to include multiple categories of labor. The importance of the papers is in its ability to analyze the changes in the income of various categories of workers along the growth path of the economy, therefore, providing a useful framework for analysis of income distribution along the path to steady state equilibrium. 13

14 I developed an overlapping generation model with multiple categories of capital. The importance of this paper is its ability to analyze changes in the amount of various categories of capital along the growth path of the economy. The paper, therefore, provides a useful framework for analysis of capital distribution along the path to steady state equilibrium. My theoretical published research in economic growth includes the analysis of pollution, health and other aspects along the growth path of the economy. My research in finance and corporate finance includes the examination of first-day and yearly yield following initial public offering in Israel Other papers I published discusses the validity of the Put Call Parity, the causality relationships among worlds' stock markets, the validity of CAPM model, and Examination of the effect of natural phenomena's on stocks' yield in Israel. I published a theoretical paper that enables to estimate the internalization of analyst s recommendations to buy stocks and an empirical paper that examines the effect of recommendations on stock price. In another paper I examined the changes in average returns and standard deviations of stocks that were recommended to "buy", by analysts. One of my papers proposes an index for evaluating the internalization of analyst's recommendations by investors at various points of time that follow the recommendation day. My research on power plants construction includes the development of an algorithm for evaluating the number of controls in trigger target model. In another paper I suggested Trigger - Target algorithm for evaluating the distribution of Labor turnover, and in another paper written with coauthors we built an algorithm for estimating fish population in lakes and rivers. I published two papers suggesting a tax reform and discussed the efficiency aspects of increasing inheritance taxes while decreasing income taxes I published two theoretical papers presenting models for predicting housing prices. In one of the papers I used the model frame in order to predict future expected prices. Two of my papers suggest a technique for improving the forecast of soccer game results in the Israeli league and another paper empirically examines if the increase in the psychometric entrance threshold score Improve success in the social sciences at the B.A. level. In 2002, I coauthored together with Prof. Moshe Kim two books in Econometrics that were externally refereed, and were about 1,000 pages, published by the Open University. The books included various aspects of introduction to econometrics as well as more advanced topics. Estimation methods were demonstrated by many examples. These books cover a wide range of topics and can be used in undergraduate as well as in graduate econometric courses. 14

15 In 2006, I wrote an advanced book in econometrics, that was about 300 pages long. The book contains a discussion of advanced econometric issues such as maximum likelihood and general method of moments estimation methods, estimation of a system of equations, exogeneity tests, time series analysis, pooling, co-integration, vector auto-regression and binary dependent variables. Estimation methods were demonstrated by many examples. The book is suitable for graduate students, both at the M.A. and PhD levels.. In 2006, I coauthored, together with Prof. Yoram Weiss and with Avi Tilman, four units of about 300 pages in Labor economics that were externally refereed,, and were published by the Open University. The books included various aspects of labor economics, including many examples and an estimation of Israeli labor market connections. These books cover a wide range of topics and can be used in undergraduate as well as in graduate labor economics courses. My current research focuses on economic crises. Lately I wrote with Zvi Winner the paper "The Effect of Net Foreign Assets on Saving Rate". We showed that industrial countries in a bad financial state tend to decrease their saving rate as external debt is larger causing to deterioration in external debt while countries with good financial state tend to increase their saving rate and the tendency increase as financial state becomes better. Only in countries with a very large external debt saving rate tends to grow. The results point that gross foreign debt will keep increasing and will worsen world financial state causing increased risk of getting into a world crisis. My intention is to widen the theoretical and empirical research of economic crises. Currently I'm in a process of writing a paper that focuses on the desired government policy during economic crises. 15